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Assets

Matched in: Term Assets

Asset

Asset, means capital asset. It is conceded by the revenue, N. Bagavathy Ammal v. Commissioner of Income Tax, Madurai,

assets

Matched in: Term assets

Keep your definitions linked to case research

Commercial assets

Matched in: Term Commercial assets

Fixed assets

Matched in: Term Fixed assets

Non-performing asset

financial institution as sub-standard, doubtful or loss asset, in accordance with the directions or under guidelines relating to assets classifications issued by the Reserve Bank. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,

Floating assets

Matched in: Term Floating assets

liquid asset

liquid asset a cash asset or an asset that is easily converted into cash. Source: U.S. Department of Housing and

Capital asset

Capital asset, The expression 'capital asset: is defined in S. 2(14) of the Income-tax Act, 1961 to mean 'property of

Remittance of asset

accordance with the provisions of the Act or rules or regulations made thereunder. [Foreign Exchange Management (Remittance of Assets) Regulations, 2000, R. 2 (v)]

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