Facts A batch of appeals involving different aspects of section 271 of the Income-tax Act, 1961 were presented before the court. One of the cases involved the assessee-firm in I.T.A No. 2564 of 2005, which was in the business of purchasing kapas and converting it into cotton in the ginning factory owned by it and trading in cotton and cotton seeds.
Section -3 Maintenance of registers (1) The owner of every cotton ginning factory shall cause to be maintained at the factory in such form, if any, as may be prescribed, a ginning register containing a record of all cotton ginned in the factory and of the names of the persons for whom and the dates on which the cotton has been ginned and of the amount …
Welcome to Shivshakti Ginning & Pressing Factory. SHIVSHAKTI GROUP OF COMPANIES have own manufacturing unites of cotton processing & trading. We also focused on exports in the global market. We are also biggest supplier of cotton products in domestic market as well as the international market.
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Here we will discuss Ginning, Cotton Ginning, Process, Types, and Objectives. It is one of the most important steps of the spinning process. After collecting seed cotton from the field, cotton moves to nearby gins for separation of lint, seed and any other foreign particles. The production of a typical gin is about 12 bale per hour (here 1 bale ...
Shivshakti ginning & pressing factory, NaniKadi, India. 286 likes. Cotton bales, cotton oil cake and cotton seed oil manufacturer
The contiguous plot of the defendants had been lying vacant for nearly ten years. The defendants 1 to 4 built a house in which they have installed a power driven flour mill, two oil expellers and rice husking machine and they are intending to set up there a cotton ginning plant The machinery was working day and night.
Sri Ramanuja Ginning And Rice Factory (P.) Ltd. And Others on CaseMine. ... The Court below found in paragraph 43 of its judgment that there is no proof that any material damage to the leased premises was done by wasteful ads or destructive acts. Under this ground, the learned counsel argues that there is deficiency in the extent of land leased ...
The answer is ginning. Ginning is the process of separating the cotton fibers from the seeds and other impurities, making it ready for spinning and weaving. Ginning is a crucial step in the cotton industry, as it directly affects the quality and value of the final product. It is said that without ginning, the cotton industry wouldn't exist in ...
There's the key word – volume. And it's driving the move to a new generation of larger, high capacity ginning points across the Southeast, Mid-South and Southwest – most designed to meet the needs of growers who are expanding cotton production in a number of non-traditional cotton geographies such as the northern High …
S. V. GADAG (SVG) Ginning Factory is a renowned processor and exporter of Agro commodities, specializing in the export of Groundnut Seeds, Groundnut In-Shell, and its variants for the past 20 years. An ISO 22000:2005, HACCP certified company, SVG is a GoI recognized Star Export House and has made its strong foothold with 70+ importers …
PATODIA GINNING FACTORY. address: 7/1, VARANE PADA,, NEAR JAIN MANDIR, MALEGAON, Nashik, IN-MH, 423203, IN. PATODIA GINNING FACTORY (LEI# 335800RK3UV6KP83BC48) is a legal entity registered with LEGAL ENTITY IDENTIFIER INDIA LIMITED.
2. Definitions | An Act to provide for powers to regulate charges for ginning and pressing of cotton, to requisition factories for storing of cotton and to enforce any agreement for the purchase and sale of cotton. ♣ WHEREAS it is expedient to provide for powers to control the charges for ginning and pressing of cotton, requisition of factories for storage of …
service center. S V GADAG GINNING FACTORY, located at No.6688/3A 6,M.G. Bellary Decorating Factory, Cotton Market Rd, Gadag, Karnataka 582101 in Gadag-Betigeri, karnataka, is a located in India. Situated in a bustling area, the store is known for offering a diverse range of products and services to meet the varied needs of its customers.
23BXZPS6919P1Z5. Business Name. Ravi Ginning Factory. Address. RAVI GINNING FACTORY 332/1, 330/1, 331 MAHESHWAR ROAD Dhamnod Madhya Pradesh. Pincode. 454551. Entity Type.
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 .
The principal function of a cotton gin is to convert farmers' harvests into salable commodities—fiber and seed—by separating the cotton from the seed to ensure tiny bits of trash (like leftover seed) are disposed of. Seed bits spun into yarn can cause the yarn to break and affect the value of the commodity on the open market.
In the course of the assessment proceedings, the assessee was asked to file confirmation letter in respect of the creditor M/s. Sri. Gururaghavendra Cotton Ginning Factory, Bellary against whom Rs. 1,00,000/- credit balance was outstanding. The assessee was requested to get the confirmation letter, to which the assessee expressed …
In Pakistan fiber constitutes 33%, trash 8% and seed 59% of total cotton. So trash level is very. high and resulting in heavy losses for ginners. Ginni ng is having only 4.6 percent share in total ...
(c) "cotton ginning factory" means any place where cotton is ginned or where cotton fibre is separated from cotton seed by any process whatever involving the use of steam, water or other mechanical power or of electrical power; (d] "cotton pressing factory" means any factory as defined in the Indian Factories Act, 1911] in which cotton is pressed into bales;
The Tribunal observed that Hon'ble Karnataka High Court in case of CIT vs. Manjunatha Cotton and Ginning Factory & Ors. 359 ITR 565 (Karn.), affirmed by Hon'ble Supreme Court, dealt with identical issue and has held that when assessee has not been specifically made aware of the charges leveled against her "as to whether there is …
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The defendants 1 to 4 built a house in which they have installed a power driven flour mill, two oil expellers and rice husking machine and they are intending to set up there a cotton ginning plant. The machinery was working day and night.
Indian Ginning Industry has been transformed into remunerative business enterprise and has achieved global leadership in supply of quality cotton to domestic as well as international textile mills .There is a need to design and enhance the Double roller Ginning Machine to benefit the textile industries.
Ginning Process. During the ginning process, you separate the cotton fibers from the seeds. Ginning techniques play a crucial role in ensuring the production of high-quality cotton fabric. There are two main ginning techniques used: saw ginning and roller ginning. Saw ginning involves using circular saws to remove the cotton fibers …
Manjunatha Cotton and Ginning Factory, Karnataka High Court has laid down the following Principles for levy of penalty Under section 271 (1) (c) of the Income Tax Act, 1961 :-. (a) Penalty under Section 271 (l) (c) is a civil liability. (b) Mens rea is not an essential element for imposing penalty for breach of civil obligations or liabilities.
The ginning process is the decisive step that turns a raw material into a precious material. The resulting cotton lint can be combed and used by the yarn and textile industries. Tina Stridde from CmiA says: "The harvested cotton can still be of good quality if the ginning factory is outdated and works poorly or if the quality of the cotton ...
Definitions.- In this Act, unless there is anything repugnant in the subject or context,-[(aa) 'admixture of cotton' means the prescribed mixture of different varieties of cotton.] (a) 'bale' means any pressed package of cotton of whatever size or density; (b) 'cotton' means ginned or unginned cotton, or cotton waste; (c) "cotton ginning factory" means any …
10. In the case of Earthmoving Equipment Service Corporation (supra), the ITAT Mumbai did not follow the decision rendered in the case of Manjunatha Cotton & Ginning Factory (supra) for the reason that penalty in that case was deleted for so many reasons and not solely on the basis of defect in show cause notice under section 274 of …
