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Whoever

Whoever, includes association of persons, such as firm, and does not connote natural person alone, M/s Rai Bahadur Seth Shreeram Durgaprasad … of persons, such as firm, and does not connote natural person alone, M/s Rai Bahadur Seth Shreeram Durgaprasad v. Director of Enforcement, AIR 1987 SC 1364. The word 'whoever' in sub-s. (1) of s. 23 of the

Person

does not bear scrutiny when construed in the case of a company, a firm of partners or an association of persons, J.K. Industries Ltd. v. Chief Inspector of Factories and Boilers, (1997) SCC (205) 1. Person, in

Company

the partner'or shareholders, as they are called'is limited either by the charter, Act of Parliament, or memorandum of association. For though companies may be and have been registered with unlimited liability since that principle was first, in … undertaking of a public nature such as a railway, the Companies Clauses Consolidation Act, 1845 (8 & 9 Vict. c. 16), is necessarily incorporated; or (3) in registration under the Companies Acts, 1862 and subsequent Acts, now

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Salary or wages

a specified period) for cash, deferred payment or other valuable consideration, (e) supply of goods by any unincorporated association or body of person to a member thereof for cash, deferred payment or other valuable consideration, (f) supply … not include-- (i) any other allowance which the employee is for the time being entitled to; (ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any

Charitable purpose

to benefit a s. of the public as distinguished from a specified individual is present, Ahmedabad Rana Caste Association v. Commissioner of Income Tax, (1971) 3 SCC 475: (1972) 1 SCR 744: AIR 1972 SC 273. The test

Association of persons

Matched in: Term Association of persons

Goods

definition includes 'specially manufactured goods', Advent Systems Ltd. v. Unisys Corpn., 925 F. 2d 670 3d Cir 1991. Associated Cement Companies Ltd. v. Commissioner of Customs, AIR 2001 SC 862: (2001) 4 SCC 593. [Customs Act, 1962,

Association

Matched in: Term Association

Business

660. S. 2(5) Excess Profit Tax Act, 1940. Business includes any activity carried on by a corporation or association and 'place of business' must be construed accordingly, Halsbury's Laws of England, Vol. 8(1), 4th Edn., Para 636, … meaning. Its perceptions differ from private to public sector or from institutional financing to commercial banking, Mahesh Chandra v. Regional Manager Uttar Pradesh Financial Corpn., AIR 1993 SC 935 (939): (1993) 2 SCC 279. [State Financial Corporation

Industry

is an industrial dispute which could be properly referred for adjudication under the Act. Ahmedabad Textile Industry's Research Association v. State of Bombay, AIR 1961 SC 484: (1961) 2 SCR 480. The word 'industry' in this definition mustake

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