Additional Surcharge - Law Dictionary Search Results
Home Dictionary Name: additional surchargeAdditional surcharge
Additional surcharge, means additional surcharge for the purposes of the union referred to in the annual Finance Act. [Compulsory Deposit Scheme Act, (21 of 1963) s. 3(a)]...
Surcharge
Surcharge, an overcharge of what is just and right; exceeding one's powers or privileges; a declaration by an auditor that a person is personally liable to refund a particular part of public money illegally expended by him [see, e.g. the Public Health Act, 1875, s. 247 (7)]; a second or further mortgage. See AUDIT.1. An additional tax, charge, or cost usu. one that is excessive 2. An additional load or burden, Black's Law Dictionary, 7th Edn.The expression 'surcharge' in the context of taxation means an additional imposition which results in enhancement of the tax and the nature of the additional imposition is the same as the tax on which it is imposed as surcharge. A surcharge on land revenue is an enhancement of the land revenue to the extent of the imposition of surcharge. The nature of such imposition is the same viz., land revenue on which it is a charge, Sarojini Tea Co. (P) Ltd. v. Collector of Dibrugarh, AIR 1992 SC 1264 (1269): (1992) 2 SCC 156. [Assam Land Revenue and Land (S...
surcharge
surcharge 1 : to impose a surcharge on [ a trustee for failing to exercise due care] 2 : to show an omission in (an account) for which credit ought to have been given n 1 : an additional or excessive charge 2 : a penalty imposed on a fiduciary for failing to exercise due care in the management of assets ...
Income-tax
Income-tax, a tax of so much in the pound of income, under five classifications, according as derived from (A) ownership of land or houses, etc., (B) occupation of land or houses, etc., (C) dividends from stocks or shares, (D) professional or trade earnings or profits, and any profit not included in the four previous classifications, and (E) official and other salaries. The Acts on this subject, dating from the Income-tax Act, 1842 (5 & 6 Vict. c. 35), which, to a great extent, repeats the phraseology of Addington's Act of 1806, are very numerous. Voluntary Easter gifts to an incumbent are assessable to income-tax, Cooper v. Blakinston, 1909 AC 104. See Chitty's Statutes, tit. 'Property Tax.'The tax in 1842, and for many years afterwards, was 7d. in the pound; in 1855,, the year of the Crime an War, it rose to 1s. 4d., and in 1918 to 6s. The Finance Act, 1907 (7 Edw. 7, c. 13), for the first time differentiated (ss. 19 et seq.) between 'earned income' and income from other sources, and...
Additional
Additional, The word 'additional' in s. 3(1) which involves the idea of joining or uniting one thing to another so as thereby to form one aggregate. The additional salex tax is in the nature of a surcharge over and above what is due and payable by an assessee under the principal Act, Ashok Service Centre v. State of Orissa, AIR 1983 SC 394 (401): (1983) 2 SCC 82. [Orissa Additional Sales Tax Act, 1975 (24 of 1975) as amended by Orissa Additional Sales Tax (Amendment) Act, 1979 (3 of 1979)]...
Second Surcharge, Writ of
Second Surcharge, Writ of. If after admeasurement of common, upon a writ of admeasurement of pasture, the same defendant surcharged the common again, the plaintiff might have had this writ of second surcharge de secunda superoneratione, which is given by Stat. West. 2,13 Edw. 1, c. 8, rep....
Surcharge and falsify
Surcharge and falsify, a mode of taking accounts in Chancery, where the court treats the account as a stated account but gives liberty to challenge any particular items. 'I am not now upon a question arising on an open general account, but barely upon a liberty given to the plaintiff to surcharge and falsify. The onus probandi is always on the party having that liberty; for the court takes it as a stated account, and establishes it; but if any of the parties can shew an omission, for which credit ought to be [given], that is a surcharge; or if anything is inserted, that is a wrong charge, he is at liberty to show it, and that is falsification': Pit v. Cholmondeley, (1754) 2 Vs Sen 565, per Lord Hardwicke, L.C. See R.S.C. Ord. XXXIII., r. 5....
additional insured
additional insured An individual or entity who is not specifically named as an insured within the policy itself, but for whom attachments, known as endorsements, to the policy provide a degree of protection. In some states, an additional insured can be treated differently from an additional named insured, who is an additional insured who is actually named within the policy itself and to whom all of the rights and responsibilities of the policy apply. ...
Addition
Addition, the title, or occupation, and place of abode of a person besides his names. See 1 Hen. 5, c. 5; Termes de la Ley, and compare the Criminal Procedure Act, 1851, s. 24.Means the place of residence, and the profession, trade, rank and title of a person described, and in the case of his father's name, or where he is usually described as the son of his mother, then his mother's name. [Registration Act, 1908 (16 of 1908), s. 2 (1)]Means a structure that is attached to or connected with another building that predates the structure; an extension or annex. Although some courts have held that an addition is merely an appurtenant structure that might not actually be in physical contact with the other building, most courts hold that there must be physical contact of title and appellation appended to a person's name to show rank, occupation, or place of residence. In English Law, there are traditionally four kinds of additions: (1) those of estate, such as yeoman, gentleman, or esquire; (...
additional principal payment
additional principal payment money paid to the lender in addition to the established payment amount used directly against the loan principal to shorten the length of the loan. Source: U.S. Department of Housing and Urban Development ...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial