5 DECEMBER 09 www.afterschool.tk 3
K. Lakshmansa & Co. v. CIT
(1981)
Is rearing silk worms agriculture : a farmer
grew mulberry leaves and fed the same to silk-
worm, it was held that the income derived from
rearing of silk-worms was not agricultural
income because the silk cocoons produced by
silk-worms did not bear any character of an
agricultural produce or as a marketable form of
mulberry leaves.
5 DECEMBER 09 www.afterschool.tk 4
CIT v. Kamakshya Narain Singh
(1948)
5 DECEMBER 09 www.afterschool.tk 5
Mustafa Ali Khan v. CIT
5 DECEMBER 09 www.afterschool.tk 6
Triveni Engg. Works Ltd. v.
C.I.T. (Delhi) 1985
5 DECEMBER 09 www.afterschool.tk 7
Egyptian Hotels Ltd. v. Mitchell
5 DECEMBER 09 www.afterschool.tk 8
C.I.T. v. Ramakrishna Deo (1959)
5 DECEMBER 09 www.afterschool.tk 9
C.I.T. v. B. Gopalkrishna Murthy
(1971)
5 DECEMBER 09 www.afterschool.tk 10
Digvijay Woollen Mills Ltd. v.
Mahendra Prataparai Buch (1980)
5 DECEMBER 09 www.afterschool.tk 11
Gestetner Duplicators (P) Ltd. v.
C.I.T. (1979)
5 DECEMBER 09 www.afterschool.tk 13
CIT v. Tejaji Farasram
Kharawalla Ltd. (1968)
5 DECEMBER 09 www.afterschool.tk 14
C.I.T. v. Mehar Singh Sampuran
Singh Chawla (1973)
5 DECEMBER 09 www.afterschool.tk 15
Reade v. Brearley (1933)
5 DECEMBER 09 www.afterschool.tk 16
Brooke Bond Employees Union v.
Union of India (1989)
5 DECEMBER 09 www.afterschool.tk 17
M.C. Muthanna v. CIT (1989)
5 DECEMBER 09 www.afterschool.tk 18
Kashi Pd. Kataruka v. C.I.T.
(1975)
For annual value of House property, we have
to find fair rent. The fair rent arrived at for this
purpose would be normally based upon various
circumstances such as local conditions,
demand for houses in that locality,valuation by
the local authority etc., etc. However, if the fair
rent of the property is fixed under the Rent
Control Act of the State concerned, it shall be
taken into account.
5 DECEMBER 09 www.afterschool.tk 19
M.V. Sonavala v. CIT (1989)
5 DECEMBER 09 www.afterschool.tk 20
CIT v. K.K. Dhanda (HUF)
(1989)
5 DECEMBER 09 www.afterschool.tk 21
CIT v. Smt. Sreelekha Banerjee
(1989)
5 DECEMBER 09 www.afterschool.tk 22
C.I.T. v. L. Kuppu Swamy
Chettiar (1981)
5 DECEMBER 09 www.afterschool.tk 23
Clive Buildings Cola Ltd. v. CIT
(1989)
5 DECEMBER 09 www.afterschool.tk 24
C.I.T. v. Dewan Chand Dholan
Das (1981)
5 DECEMBER 09 www.afterschool.tk 25
D.R. Sunder Raj v. C.I.T. (1979)
5 DECEMBER 09 www.afterschool.tk 28
C.I.T. v. Kalyani Spinning Mills
Ltd. (1981)
5 DECEMBER 09 www.afterschool.tk 29
Following have been held to be
plant : -
1. In a hotel, pipe and sanitary fittings : C.I.T. v. Taj Mahal Hotel (1971)
2. In an electric supply company, mains service lines and switch gears :
C.I.T. v. Warner Hindustan Limited
3. Well.
4. for manufacturer of oxygen, gas-cylinder for storing gas.
5. Technical know-how in the form of blue prints, instruction, technical
manuals. C.I.T. v. Festo Elgi Pvt. Ltd. (1981) .
6. Thermocole insulation. (C.I.T. v. Yamuna Cold Storage (1981) )
7. Data Processing Machines. C.I.T. v. I.B.M. World Trade Corporation
(1981)
5 DECEMBER 09 www.afterschool.tk 30
Challapali Sugar v. C.I.T. (1973)
5 DECEMBER 09 www.afterschool.tk 31
Shree Vallabh Glass Works Ltd.
v. C.I.T. (1981)
5 DECEMBER 09 www.afterschool.tk 32
P. Alikunju M.A. Nazeer Cashew
Industries v. CIT (1987)
5 DECEMBER 09 www.afterschool.tk 33
Durga Narain Singh v. CIT (1947)
5 DECEMBER 09 www.afterschool.tk 34
C.I.T. v. Pangal Vittal Nayak &
Co. Pvt. Ltd. (1969)
5 DECEMBER 09 www.afterschool.tk 35
C.I.T. v. Handicraft Handloom
Export Corporation (1982)
5 DECEMBER 09 www.afterschool.tk 36
Dwarkadass Leeladhar v. CIT
(1963)
5 DECEMBER 09 www.afterschool.tk 37
Keshrichand Bhanabhai v. CIT
(1951) 20 ITR 201 (Bombay)
5 DECEMBER 09 www.afterschool.tk 38
Union of India v. Gosalia
Shipping (P) Ltd. (113 ITR 307
(S.C.) )
As per sec. 172, Ships have to pay tax @ 7.5%
on carriage, before they leave a port from
India. However, no tax is payable, if a non-
resident company hires a ship from another
non-resident and loads the ship with own
goods in India, neither the owner of the ship
nor the lessee receives any amount on account
of the carriage of the goods.(Section 172(2))
5 DECEMBER 09 www.afterschool.tk 39
Commissioner of Income-tax v.
Kashi Nath & Co. (1988)
Commissioner of Income tax can give best
judgement assessment as per sec. 142 and
revise assessment as per sec. 263, but this
power of revision is quasi-judicial in character.
He must give reasons in support of his
conclusion that the assessment order is
erroneous
5 DECEMBER 09 www.afterschool.tk 40
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