Affairs - Definition - Law Dictionary Home Dictionary Definition affairs

Definition :

Affairs, a person's concerns in trade or property.

Affairs, word 'affair' must mean affairs which are relevant for the purpose of the Income-tax Act and which have some relation to income, Subbayya Chettiar v. CIT, AIR 1951 SC 101: 1950 SCR 961. [Income-tax Act, 1922, s. 4-A(b)]