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Paid

SC 49. [Income Tax Act, 1922, s. 7(1)] Paid, the expression 'paid' in s. 16(2) does not contemplate actual receipt of the dividend by the member. In general, dividend may be said to be paid within the

real

French, from Medieval Latin and Late Latin; Medieval Latin realis relating to things (in law), from Late Latin, actual, from Latin res thing, fact] 1 a : of or relating to real property [a action] see also

loss

adjusted gross income under section 165 of the Internal Revenue Code. There are, however, numerous exceptions and limitations. actual loss : the identifiable and calculable monetary detriment that is suffered or will be suffered as a result

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agency

and implied agency in this entry agency by estoppel : an agency that is not created as an actual agency by a principal and an agent but that is imposed by law when a principal acts in

Malice

B&C 255; and see McPherson v. Daniels, (1829) 10 B&C 272. Ill-will or improper motive is often called actual or express malice, or malice in fact, to distinguish it from malice in law, which merely denotes absence

Residence

a change. If a person lives with his wife and children, in an established home, his legal and actual place of residence is the same. If a person has no established home and is compelled to live

Wills

from the rule that all wills must be in writing, wills of personal estate made by soldiers in actual military service, or seamen at sea. This exception includes military and naval officers of all ranks. A will

Smallness of profit

has to be adjudged in the light of commercial principles and not in the light of total receipts, actual or fictional, Commissioner of Income Tax v. Bipinchandra Maganlal and Co., AIR 1961 SC 1040 (1043): (1961) 2

Landing charges

an importer for bringing goods on board ship to land. Landing charges, in law, must be assessed on actuals, but, as a matter of practice, particularly to facilitate expenditure clearance. Landing charges are assessed at a percentage

Family

used in Compensation Act, means a group comprising immediate kindred, consisting of the parents and their children, whether actually living together or not (p. 343). Similarly, in Webster's Third New International Dictionary, the word 'family' is defined

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