Fixed Capital
Legal definition for Indian law research
Definition
Fixed capital, 'fixed capital' as what the owner turns to profit by keeping it in his own possession and 'circulating capital' as what he makes profit of by parting with it and letting it change masters, Sutlej Cotton Mills Ltd. v. Commissioner of Income Tax, AIR 1979 SC 5 (9): (1978) 4 SCC 358: (1979) 1 SCR 976.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.