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SourceLaw Dictionary Browse Letter N

Net Income

Legal definition for Indian law research

Definition

Net income, in matrimonial jurisprudence the expression would normally mean total income derived less the cost of collection and other compulsory payments such as Income-tax etc. It does not mean net income after giving deduction for all the expenses incurred by the husband. Expenses which are to be deducted must have some relation or connection with the source of income, D. Thankaraj v. M.C. Pushpa Rose, AIR 1986 Ker 23.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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