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Business

'professional connections' from its scope, Barendra Prasad Ray v. ITO, (1981) 3 SCR 387: (1981) 2 SCC 693: AIR 1981 SC 1047 (1054). [Income Tax Act, 1961 (43 of 1963), s. 9(1)] The word 'business' connotes some real, substantial

Reason to believe

on reasons which are relevant and material, S. Ganga Saran & Sons (P) Ltd. v. Income Tax Officer, AIR 1981 SC 1363: (1981) 3 SCC 143: (1981) 3 SCR 564. [Income Tax Act, 1961, s. 147(9)] The belief must

Adequate consideration

to a gift, as a gift is a transfer without consideration, Kumari Sonia Bhatia v. State of U.P., AIR 1981 SC 1274: (1981) 2 SCC 585. [Contract Act, 1872, s. 2(b) (9 of 1872)] In the absence of a

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In all

have to fill gaps, clear doubts and mitigate hardships, Motor Owners' Insurance Company Limited v. Jadavji Keshavji Modi, AIR 1981 SC 2059: (1981) 4 SCC 660: (1982) 1 SCR 860. [Motor Vehicles Act (4 of 1939), s. 95(2)(9)]

Processing

operation, experience some change' (See Chowgule & Co. Pvt. Ltd. v. Union of India, 1981 (1) SCC 653: AIR 1981 SC 1014). In a cold storage, vegetables, fruits and several other articles which requires preservation by refrigeration are stored.

Good faith

context and object of the statute in which this term is employed, Brijendra Singh v. State of U.P., AIR 1981 SC 636 (639): (1981) 1 SCC 597: (1981) 2 SCR 287. 'Good faith' is defined, in a negative fashion, … in furtherance of a fraudulent or otherwise unlawful scheme'. (see WORDS AND PHRASES, Permanent Edition, Vol. 18-A, page 91). Although the meaning of 'good faith' may vary in the context of different statutes, subjects and situations, honest

Manufacture

that a manufacture can be said to take place, Chowgule & Co. Pvt. Ltd. v. Union of India, AIR 1981 SC 1014: (1981) 1 SCC 653: (1981) 2 SCR 271. The word 'manufacture' occurring in the expression 'used in … P.C. Cheriyan v. Mst. Barfi Devi, AIR 1980 SC 86 (89): (1980) 2 SCC 461: (1980) 1 SCR 961. It is only when the change, or a series of changes, take the commodity to the point where

Goodwill

business is carried on and may be augmented with the passage of time. CIT v. B.C. Srinivasa Setty, AIR 1981 SC 972: (1981) 3 SCC 460: (1981) 2 SCR 938. The goodwill of a business depends upon a variety … on and may be augmented with the passage of time. CIT v. B.C. Srinivasa Setty, AIR 1981 SC 972: (1981) 3 SCC 460: (1981) 2 SCR 938. The goodwill of a business depends upon a variety of

Grounds

to such factual inferences. The 'grounds' must be self-sufficient and self-explanatory, Smt. Shalini Soni v. Union of India, AIR 1981 SC 431: (1980) 4 SCC 544: (1971) 1 SCR 962. The expression 'grounds' in Article 22(5), and for the … Smt. Shalini Soni v. Union of India, AIR 1981 SC 431: (1980) 4 SCC 544: (1971) 1 SCR 962. The expression 'grounds' in Article 22(5), and for the matter, in s. 3(3) of the COFEPOSA, includes not

Family

and inevitable consequence of the aforesaid definition of 'family', Maharao Saheb Shri Bhim Singhji v. Union of India, AIR 1981 SC 234 (237): (1981) 1 SCC 166. The definition of 'family' as contained in S. 14K(c) of the West

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