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Judgment Search Results Home > Cases Phrase: indian partnership act Sorted by: old Court: orissa Year: 1950 Page 1 of about 1 results (0.034 seconds)

Mar 13 1950 (HC)

Nopram Ramgopal Vs. Commissioner, Income-tax, B. and O.

Court : Orissa

Decided on : Mar-13-1950

Reported in : AIR1951Ori16; 16(1950)CLT88; [1951]19ITR219(Orissa)

..... on any business, profession, or vocation on which tax was at any time charged under the provisions of the indian income-tax act 1918, is succeeded in such capacity by another person, the change being not merely a change in the constitution of the partnership, no tax shall be payable by the first-mentioned person in respect of the income, profits and gains ..... during the year of assessment. the section, in express terms, refers to 'business, profession or vocation on which tax was at any time charged under the provisions of the indian income-tax act.' on a plain reading of the section, it appears to me that the income from a particular business which was in existence in the year 1918 and had been ..... ), income-tax act, 1939. the income-tax officer rejected his claim, but the appellate assistant commissioner held that the provisions of schedule ..... on mercantile business in grains prior to 1918 and had been assessed to income-tax under the income-tax act, 1918. during the assessment year 15-4-43 to 2-4-44, the joint family became separated and was succeeded by a partnership firm consisting of the members of the family. the petitioner claimed exemption from income-tax under schedule 5 (4 .....

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