cover image: The Calcutta Weekly Notes  Law Notes of Notes of Cases of the Calcutta High Court and of the Judicial Committee of the Privy Council and Short Notes of Important Decisions of Other High Courts in India  Monday  March 4  1940

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The Calcutta Weekly Notes Law Notes of Notes of Cases of the Calcutta High Court and of the Judicial Committee of the Privy Council and Short Notes of Important Decisions of Other High Courts in India Monday March 4 1940

1940

As we endeavoured to show in an editorial note last week for the purposes of the Finance Act the character of an assesment under the Income Tax Act must be determined by the assessment order under that Act as it was and the Assessing Officer under the Finance Act is not etitled to go behind it. [...] the earning of past employment the fact Salaries not coming under " vocation " cathat it is earning of employment is sufficient not therefore come under " calling " of the and if the assessment was in the previous Finance Act and so cannot pension. [...] So does Finance Act it would not be liable to the new tax and the Assessing Officer would not the Finance Act between " profession " and " employment." The heads in that Act are be entitled to put his own construction on taken from the Government of India Act the assessment. [...] The words in the Finance is thus earning from employment not prAct are " who was assessed to income-tax sent earning from past employment but in respect of earnings of any profession past earning paid in the present or to use trade calling or employment " not " was the language of the Income Tax Act accrassessed to income-tax solely in respect of " ing in the past but received in the pr [...] Under the Finance Act the ed or exceeded the limit he was assessed on material time is the time of the assessment the total sum of which the amount derived not the time of the employment itself.
law
Pages
4
Published in
India
SARF Document ID
sarf.100104
Segment Pages Author Actions
The Calcutta Weekly Notes Law Notes of Notes of Cases of the Calcutta High Court and of the Judicial Committee of the Privy Council and Short Notes of Important Decisions of Other High Courts in India Monday March 4 1940
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