cover image: Indian Journal of Economics  April 1937

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Indian Journal of Economics April 1937

1937

If we take the Bengal Income-tax figures for 1933-34 the outstanding fact in the report is that it is the assessee who earns between 3 500 and 7 500 rupees per annum who is the backbone of the province and so large is his preponderance that in spite of the fact that higher classes of assessees pay higher rates he is the backbone of the tax-paying classes. [...] tht problem of the division of the proceeds of the tax on income between the Provinces and the Central Government that was examined by the Percy Committee. [...] By reason of the levying of a super-tax on the profits of Companies as an additional income-tax but on a different basis they got the ludicrous position in the case of a company which has Preference Shares on which the dividends exceed half a lakh of rupees that the taxation which is borne by the holders of the Ordinary Shares of that company is so arranged that the smaller the rate of dividen [...] If the Incomtax officer is in doubt as to the proper interpretation of the Act he may refer to the Commissioner but let the assessee who is aggrieved by an order feel that he has a genuine appeal to make to an officer who has no concern with the state of the revenue and is charged only with the duty of interpreting the law without favour in exactly the same way as the civil courts are charge [...] This is due firstly to the recent lowering of the exemption limit; secondly to the greater industrial development and prosperity oL the business classes and lastly to the efficiency of the Incomtax Department.
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Segment Pages Author Actions
The Administration of Income-Tax in India
341-350 B.V. Naidu, V.G. Ayyar view
The Planning of the Income-Tax in India
351-364 B. Mukherjee view
Indian Income-Tax Taxation of Individual Incomes
365-374 B.R. Rao view
Road-Rail Problem in India
375-382 Vikramjit Singh view
Road Rail Competition on the Bengal and North Western Railway
383-398 Riazuddin Ahmed view
The Transport Problem in India
399-412 B. Mukerjee view
Recent Tariff Policy in India
413-434 B.K. Madan view
Tariff and Employment and its Nature
435-446 Sitaram Sastry view
Some Aspects of Recent Income-Tan Legislation in India
447-452 J.P. Niyogi view
Some Gaps in the Indian Income-Tax System
453-460 V.K.R.V. Rao view
Taxation of Agricultural Incomes
461-472 K.C. Ramakrishnan view
Problem of Income-Tax on Agricultural Income
473-478 Jayanti Mehrotra view
Tariff Policy in India
479-488 C.N. Vakil view
Some Second Thoughts on Our Fiscal Policy
489-512 B.P. Adarkar view
Protection to Sugar
513-522 K.B. Saha view
A New Tariff Policy for India
523-528 Shitla Saksena view
Estimation of the National Income of India
529-540 B.N. Kaul view
The National Income of India
541-552 P.J. Thomas view
A Critical Examination of Some of the Estimates of the National Income of India
553-560 H.C. Seth view
An Experiment in the Co-Ordination of Rail and Road Transport
561-564 H. Rahman view
Coastal Shipping in India
565-580 B.V. Naidu view
Transport Co-Ordination
581-592 Anthony Nader view
Some Methods for Increasing Railway Revenue in India
593-600 M.K. Muniswami view
Some Aspects of Rail-Road Competition
601-612 Haricharan Ghosh view
Conference Proceedings
613-656 unknown view

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