Sharing in the Gross Profit

Suppose a ginning factory has a building worth Rs. 22 million, plant and machinery valuing Rs. 2 million and the staff is paid Rs. 50,000/- per month. ... What can be done at the most is that the depreciation caused to the building and the machinery during the term of the musharakah is included in its expenses. But in practical terms, it will ...

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Detailed Project Report on Cotton Ginning & Processing

ginning (on factory scale) pressing . by-product linters . flow diagram of cotton ginning & pressing . cotton saw ginning equipment ... depreciation chart for 5 years. 17. profit analysis for 5 years. 18. projected balance sheet for (5 years) how to make project report?

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Bhavani Cotton Ginning & Pressing Factory. v. ITO (2023) …

Bhavani Cotton Ginning & Pressing Factory. v. ITO (2023) 198 ITD 4 (Ahd) (Trib.) S. 145 : Method of accounting-Rejection of books of account-Failure to file supporting evidence-Justified in rejecting the books of account-Net profit has to be estimating on scientific basic after allowing deduction on amount of depreciation, partners remuneration and interest paid to partners on …

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Project Proposal FOR Textile and Garment Factory: (Different …

This document is a project proposal for a textile and garment factory in Dukamtown, Oromia Region, Ethiopia. The proposed factory will produce various garments including t-shirts, jackets, dresses, and sports uniforms. It will employ 600 workers, including 410 permanent employees and 190 temporary employees. The total initial investment cost is 120 million Birr, with 30% as …

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How to Depreciate Property: Rev. Proc. 87-56

Both Table B-1 and Table B-2 must be consulted to determine the correct recovery period. First, look in Table B-1 for a description of the property. Second, look in Table B-2 for a description …

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Madras High Court Establishes Distinction Between Capital

The landmark case of Gajalakshmi Ginning Factory Ltd. v. Commissioner Of Income-Tax adjudicated by the Madras High Court on April 15, 1952, delves into the intricate distinction between capital and revenue receipts under the Income Tax Act.

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Contact Us – S. V. Gadag Ginning Factory

S. V. GADAG GINNING FACTORY, (A Govt. of India recognized Star Export House), An ISO 22000:2005 Certified Company. Exporter of Groundnut Seeds, 6688/3A 6, M. G. Bellary Decorating, Factory Cotton Market Road Gadag, Karnataka – India – 582101. Contact us @ +91 944 816 5266 | +91 797 585 5377 .

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NIIR Project Consultancy Services:COTTON GINNING AND …

NIIR Niir Project Consultancy Services. Home; About. Company Overview; Asia Pacific Business Press Inc; Our Clients. Indian

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Cost effective Local Computer Network at a Cotton …

at a Cotton Ginning Factory Shakhlo Gafurova, Khushnoza Tursunkhodjaeva Tashkent Institute of Textile and Light Industry _____ Abstract The aim of the project is to select technology, topology and network equipment for building a local network. This local network is a means for organizing the effective functioning of the ...

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CIT v. Murlidhar Jhawar & Purna Ginning & Pressing Factory

Commissioner of Income-Tax, Bombay South v. Murlidhar Jhawar and Purna Ginning & Pressing Factory. Income-tax Reference No. 46 of 1960

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Cost of Ginning Cotton

significantly to ginning costs, and these costs should be included in any economic feasibility study. Fixed Costs Fixed costs are about the same regardless of how much the gin is used. They include depreciation, interest on investment, taxes, insurance, and salaries for permanent employees. Depreciation is a large component of the cost of ...

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Feasibility Analysis of Cotton Ginning Units in Saurashtra …

ginning and pressing factory is one in which ginned . lint is directly transferred to the press without . ... Depreciation 36,28,988 26.42 29,36,455 31.98 34,35,079 25.65.

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Ginning | Ginning Cotton Factory in India | Loyal Textiles

Loyal has 3 ginning factories with a capacity of 60,000 kgs of lint per day to gin 30 mm plus and extra long staple cotton without contamination. The units follow the best work practices, giving no room for any foreign fibre contamination. Besides its own ginning facility, Loyal engages dedicated outside ginning factories located at the prime ...

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Bonus Depreciation vs Section 179 Deductions in 2024

Now consider Client A's fixed asset investments in two different states: Kansas: Under Kansas rules, if Client A decided to utilize bonus depreciation, they would still be able to utilize the $320,000 deduction.; California: If Client A's equipment was located in California, they would only be able to apply a $80,000 deduction, $400,000 spread out over 5 years.

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List Of Star Rated Ginning & Pressing Factories …

jalaram ginning factory halvad road, dhrangadhra, dist.surendranagar – 363310 gujarat: surendranagar: gautam 9825099912: four star: 364: g&p/0111: milan ginning & pressing pvt.ltd near chhorania sub …

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Commissioner of Income-tax v. Chaudhary Cotton Ginning

As far as the question about allowance of unabsorbed depreciation in Income-tax Reference No. 120 of 1982 is concerned, learned counsel for the Revenue fairly points out …

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VISHAL COTTEX | Committed to Cotton Since 1980

Vishal Cottex & Jalaram Ginning Factory Vishal Cottex made a humble beginning as a cotton merchant in 1980 in one of the oldest cotton cluster town of India namely Manavadar. Today we are diversified within the Cotton Textile Value Chain in form of our ginning activity, exports of cotton & its by-products, exports of Yarn and we also have our ...

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Madras High Court Establishes Distinction Between Capital

The Commissioner erroneously treated Rs. 3,800 as business income, assuming it related to factory building sales with depreciation. ... The Madras High Court's decision in Gajalakshmi Ginning Factory Ltd. v. Commissioner Of Income-Tax is a cornerstone in tax jurisprudence, clearly distinguishing between capital and revenue receipts. By ...

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CHAUDHRY COTTON GINNING & PRESSING FACTORY v.

Get free access to the complete judgment in CHAUDHRY COTTON GINNING & PRESSING FACTORY v. INCOME-TAX OFFICER on CaseMine.

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PROF. NO.2 PROJECT PROFILE ON COTTON GINNING …

cotton can not be use without ginning and hand process is very time and labour consuming. Thus the demand of the service is very huge in cotton growing areas. Demand for ginned cotton is …

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RAJESHWARI GINNING FACTORY

Find company research, competitor information, contact details & financial data for RAJESHWARI GINNING FACTORY of Mehsana, Gujarat. Get the latest business insights from Dun & Bradstreet.

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NIIR Project Consultancy Services:COTTON GINNING AND …

COTTON GINNING AND PRESSING - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue ... Factory Building - ... Depreciation Charges - As per IT Act WDV (Total) Annexure 32 ...

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Publication 946 (2023), How To Depreciate …

Section 179 deduction dollar limits. For tax years beginning in 2023, the maximum section 179 expense deduction is $1,160,000. This limit is reduced by the amount by which the cost of section 179 property placed in service during …

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Section 271 (1) (c) penalty not sustainable if notice not …

In 'CIT and Another vs. Manjunath Cotton & Ginning Factory', [2013] 359 ITR 565 (Karn.), it has been held by the Hon'ble High Court that notice under section 274 read with section 271(1)(c) of the Act should specifically state the grounds mentioned in section 271(1)(c) of the Act, i.e., whether it is for concealment of income or for ...

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Shivshakti ginning & pressing factory

Shivshakti ginning & pressing factory, NaniKadi, India. 1,284 likes · 1 talking about this. Cotton bales, cotton oil cake and cotton seed oil manufacturer

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Project Report on Cotton Ginning and Spinning Mill

Cotton Ginning and Spinning Mill Project Reports include Raw Material costing and its Specifications, Manpower Requirement, land and Buildings, Capital Formulation, Cost of Production and Profit Analysis, Break Even Analysis, Depreciation, Cash Flow Statement and projecting the Balance Sheet etc.

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Bhavani Cotton Ginning & Pressing Factory. v. ITO (2023) …

The Tribunal also held that while estimating net profit on scientific basis, Assessing Officer should allow deduction on amount of depreciation, partners remuneration and interest paid by …

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Set Off Of Brought Forward Losses Against Stcg

4.1 Honourable ITAT had observed that post amendment on 1/4/2002 unabsorbed depreciation can be set off against any income and relied on the decision of Suresh Industries Pvt. Ltd. and Sri Padmavati Srinivas Cotton and Ginning Process Factory 125 TTJ 411.

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Om Ginning & Pressing Factory | Company Details

Om Ginning & Pressing Factory Private Limited, was an unlisted private company incorporated on 18 February, 2011. It is classified as a private limited company and is located in, Maharashtra. It's authorized share capital was INR 10.00 lac and the total paid-up capital was INR 10.00 lac.

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Bhavani Cotton Ginning & Pressing Factory,, Ahmedabad v.

Get free access to the complete judgment in Bhavani Cotton Ginning & Pressing Factory,, Ahmedabad v. ITO, Ward-3(2)(5),, Ahmedabad on CaseMine.

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