10 2 And 53 - Law Dictionary Search Results
Wholly and exclusively
Wholly and exclusively, the expression 'wholly and exclusively' used in s. 10(2)(xv) of the Income Tax Act, 1922 does not mean 'necessarily'. Ordinarily it is for the assessee to decide
Local authority
The expression 'local authority' is not defined in the Land Acquisition Act. But by the General Clauses Act 10 of 1897 the expression 'local authority' is defined as meaning 'a municipal committee, district board, body of port … services or, with the control and management of civil services, within a specified local area. [Disaster Management Act, 2005, s. 2(h)] It is the political subdivision functioning within the framework of constitution and enjoying certain degree of
Life insurance fund
Life insurance fund, The life insurance fund as defined in s. 10(2) is an absolute security of the life policy-holders and cannot be used in any manner. The words 'life
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Out of funds in his possession
Out of funds in his possession, the words 'out of funds in his possession' in s. 10(2)(n) of the act show that it would be attracted only where funds are relying with the custodian, Custodian
Valuable consideration
v. Dakshina Maharashtra Digambar Jain Sabha, AIR 1953 SC 514 (516): (1954) SCR 235. (Limitation Act, 1968, s. 10) The classic definition of 'valuable consideration' is given in Currie v. Misa, (1875) 10 Ex. 153 (162), thus: … 'adequate consideration', Jagadguru Gurushidda Swami v. Dakshina Maharashtra Digambar Jain Sabha, AIR 1953 SC 514 (516): (1954) SCR 235. (Limitation Act, 1968, s. 10) The classic definition of 'valuable consideration' is given in Currie v. Misa, (1875)
Reserve
trans-ferred to that reserve cannot be utilised for business purposes. The reserve contemplated by proviso (b) to s. 10(2)(vi-b) of the Act is an independent reserve. The amount to be transferred to that reserve is debited before
Nuisance
of the (English) Public Health Act, 1875, reproduced and extended by the Public Health Act, 1936, ss. 91-100--s. 101 (Smoke), s. 107 (Offensive Trades), s. 108 (Fried Fish), may be dealt with summarily under that Act by … so in a greater degree to some than it is to other (Odgers on the Common Law, p. 230). A public nuisance may give rise to proceedings of different kinds:- (1) It may give ground for an
For the year in question
CIT v. Swadeshi Cotton & Flour Mills, AIR 1964 SC 1766 (1770). [Income-tax Act, (11 of 1922), s. 10(2) (x)]
Consignor
the railway receipt are entrusted to a railway administration for carriage. [Railways Act, 1989 (24 of 1989), s. 2 (10)] (ii) means the person, named in the multimodal transport contract s consignor, by whom or on whose
Machinery
v. Mir Mohd. Ali, AIR 1964 SC 1693 (1696): (1964) 7 SCR 846. [Income Tax Act, 1922, ss. 10(2) (vi) and (vi-a)]
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