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Share of Profit

Share of Profit legal meaning, translation and judicial precedents.

Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)

1952 PLD 21 PRIVY-COUNCIL Judicial Precedent
Words and Phrases"Share of profits" and "commission"

`Bonus"-Distinction.

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Precedents & Case Laws citing "Share of Profit"

PTD 1999
C. A: No. 2053 of f979, decided on 14th February, 1996

1999 P T D 3252

TRIBHUVANDAS G. PATEL. Versus COMMISSIONER OF INCOME-TAX

Court: Supreme Court of India
PTD 1964
Income‑tax Reference No. 2 of 1962, decided on 21st February 1964.

1964 P T D 749

JWALAPRASAD AGARWALA Versus COMMISSIONER OF INCOME‑TAX, ASSAM

Court: Assam (India)
PTD 1968
Income‑tax Reference No. 72 of 1956, decided on 28th February 1957.

1968 P T D 179

RAMANLAL PRABHUDAS SHAH Versus COMMISSIONER OF INCOME‑TAX, BOMBAY NORTH

Court: Bombay (India)
PLC 1991
Appeal No.KAR‑3 of 1990, decided on 15th April, 1990.

1991 P L C 82

Messrs MASHRIQ PRESS AND PUBLICATION Versus MUNAWAR KHAN

Court: Labour Appellate Tribunal Sindh
PTD 1968
Income‑tax Reference No. 30 of 1960, decided on 18th, June 1962.

1968 P T D 528

COMMISSIONER OF INCOME TAX, BOMBAY CITY II Versus ASSOCIATED COMMERCIAL CORPORATION

Court: Bombay (India)
PLD 1978
Criminal Miscellaneous Application No. 358 of 1977, decided on 3rd October 1977.

P L D 1978 Karachi 359

ABDUL HAKIM AHD 2 OTHERS‑Applicants Versus THE STATE AND ANOTHER‑ Opponents

Court: ‑‑ S. 406‑‑Criminal breach of trust‑Partner's liability‑Money received on behalf of partnership‑Not ordinarily received in fiduciary capacity‑‑Withholding opposite‑party's share of profits by remaining parties‑Alone. could be alleged in partnership cases Proper method of obtaining redress in such eventuality‑To sue for dissolution and accounts‑Whether opposite‑party entitled to anything at all‑Not possible to say until such proceedings taken‑Criminal Courts‑Not expected to go into questions of taking partnership accounts‑Real purpose behind filing criminal complaints in such cases‑‑Obviously to threaten opposite‑party to come to terms Criminal proceedings quashed‑Criminal Procedure Code (V of 1890, S. 561‑A.‑Criminal broach of trust‑4uuashment of proceedings
PTD 1990
Civil Appeal No. 575 of 1975, decided on 26th April, 1989.

1990 P T D 67

COMMISSIONER OF INCOME‑TAX CALCUTTA Versus PRAHLADRAI AGARWALA

Court: Supreme Court of India
PTD 1964
Income‑tax Reference No. 24 of 1961, decided on 28th and 29th August 1962.

1964 P T D 156

LALJEE DEORAJ & Co. Versus COMMISSIONER OF INCOME‑TAX, BOMBAY CITY

Court: Bombay (India)
PTD 1998
Income-tax Reference No.93 of 1981, decided on 8th May, 1996.

1998 P T D 2375

Smt. VED AHUJA Versus COMMISSIONER OF INCOME-TAX

Court: 222 I T R 53
YLRN 2017
Suit No.727 of 2012, decided on 8th February, 2017.

2017 Y L R Note 146

IQBAL RASHEED — Plaintiff Versus BABAR MIRZA CHUGHTAI and another — Defendants

Court: Sindh