Set Up And Established
Legal definition for Indian law research
Definition
Set up and established, the word 'set up' in clause (xxi) of s. 5(1) of the Wealth Tax Act, 1957, is equivalent to the word 'established', but operations for establishment cannot be equated with the establishment of the unit itself or its setting up, Commissioner of Wealth Tax v. Rama Raju Surgical Cotton Mills Ltd., AIR 1967 SC 509 (511): (1967) 1 SCR 761.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.