Bag Net - Law Dictionary Search Results
Home Dictionary Name: bag netBag net
A bag shaped net for catching fish...
Neat or net
Neat or net, the weight of a pure commodity alone, without the container cask, bag, dross, packing, etc., opposed to 'gross' weight (Continental 'tare' opposed to 'brut'), also 'undiluted.' In accounts of sum of money after deduction of all stand outgoings or expenses, or other deductions, Com. Term.Net rent. In houses to which the Rent and Mortgage Interest Restrictions apply the rent on the 3rd August, 1914, less the rates (if any) payable by the landlord and included in that rent....
Fyke
A long bag net distended by hoops into which fish can pass easily without being able to return called also fyke net...
Qualification Act (English)
Qualification Act (English) (22 & 23 Car. 2, c. 25), by which any person not having freehold land of the yearly value of 100l., or for his life or for 99 years or more of the yearly value of 150l. other than the son and heir of an esquire or person of higher degree, or owners of parks or warrens, stocked with deer or conies for their necessary use in respect of the said parks and warrens,' was prohibited from having 'guns, bows, greyhounds, setting-dogs, ferrets, coney-dogs, lurchers, bags, nets, loubels, hare-pipes, gins, snares, or other engines,' for taking game-repealed, with many other Acts, by the Game Act, 1831. See GAME....
Net wealth
Net wealth, 'net wealth' means the amount by which the aggregate value computed in accordance with the provisions of this Act of all the assets wherever located, belonging to the assessee on the valuation date, including assets required to be included in his net wealth as on that date under this Act, Commissioner of Wealth Tax v. Bishwanath Chatterjee, AIR 1976 SC 1492 (1494): (1976) 3 SCC 385: (1976) 3 SCR 1096. [Wealth Tax Act, 1957, ss. 2(m) and 21(5)]It means the amount by which the aggregate value computed in accordance with the provisions of this Act of all the assets, wherever located, belonging to the assessee on the valuation date, including assets required to be included in his net wealth as on that date under this Act, is in excess of the aggregate value of all the debts owed by the assessee on the valuation date which have been incurred in relation to the said assets. [Wealth-tax Act, 1957 (27 of 1957), s. 32 (m)]A coparcenary has unity of possession but not unity of owners...
Net wealth tax
Net wealth tax, readings on Taxation in Developing, Countries by Fird and Oldman elucidates the concept of Wealth Tax as follows, at page 281: 'The term 'net wealth tax' is therefore deemed to be imposed on the person of the taxpayer, while the property tax often deemed to be imposed on an object - the property itself.' In Harvard Law School World Tax Series - Taxation in Columbia Net Wealth Tax is defined at page 451 thus: 'As a general rule, all debts owed by a tax-payers, whether to residents or to non-residents, are deductible if their existence is established in conformity with the legal requirements. The usual test of deductibility, as applied by the Division of National Taxes, is whether or not there is an actual, enforceable legal obligation the amount of which is fixed or computable as on December 31, of the tax year.' According to Harvard Law School World Tax Series - Taxation in Sweden - this tax has been levied in Sweden since a long time. Now it is regulated by law enacted...
Petty-bag Office
Petty-bag Office, an office belonging to the Common Law jurisdiction of the Court of Chancery, for suits for and against solicitors and officers of that Court, and for process and proceedings by extents on statutes, recognizances, ad quod damnum scire facias to repel letters-patent, etc., Termes de la Ley. The term is derived from the little bag (parva baga) in which original writs relating to the business of the Crown were anciently kept.By the Great Seal Offices Abolition Act, 1884, s. 5, provision was made for the abolition of the office of Clerk of the Petty Bag, and the transfer of his duties, and in 1888, the last holder of the office dying, it ceased to exist.The Common Law jurisdiction of the Court of Chancery is now transferred to the High Court of Justice [(English) Jud. Act, 1925, s. 18(2)(b)], replacing (English) Jud. Act, 1873, s. 16).Pew [fr. puye, Dut.; appui, Fr.], an enclosed seat in a church. It is some what in the nature of an heirloom, and may descend by immemorial ...
bagful
The quantity that a bag will hold as he ate a bagful of popcorn...
Mail bag
Mail bag, the expression includes a bag, box, parcel or any other envelope or covering in which postal article in course of transmission by post are conveyed, whether it does or does not contain any such article. [Indian Post Office Act, 1898 (6 of 1898), s. 2 (c)]...
Net annual income
Net annual income, 'net annual income', in relation to a wakf, means net annual income determined in accordance with the provisions of the Explanations to sub-s. (1) of s. 72. [Wakf Act, 1995 (43 of 1995) s. 3(j)]...
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