Basis - Law Dictionary Search Results
Sill
The basis or foundation of a thing especially a horizontal piece as a timber which forms the lower member of
Best judgment assessment
Best judgment assessment, It is primarily made on the basis of the accounts maintained by the assessee. But, when the assessing officer comes to the conclusion that no
Reason to believe
Manchand & Co. v. CIT, West Bengal, AIR 1969 Cal 431. Means coming to the conclusion on the basis of the information that a thing, condition, statement or fact exists. It only means facts which prima facie
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Salary
An agreed compensation for services esp. pro-fessional or some professional services usu. paid at regular intervals on yearly basis, as distinguished from an hourly basis, Black's Law Dictionary, 7th Edn., p. 1337. The ancients derive the word
Shop
State v. Brijlal Gulati, AIR 1961 All 79. Shop, is a place where services are sold on retail basis, Employees' State Insurance Corporation v. R.K. Swamy, AIR 1994 SC 1154; Hyderabad Race Club v. ESI, (1996) 4
Wages
s. 31] The expression 'wages' does not imply that the compensation is to be determined solely upon the basis of time spent in service; it may be determined by the work done; it could be estimated in
Wholesale market
always mean that there should be an actual place where articles are sold and bought on a wholesale basis. This word can also mean the potentiality of the articles being sold on a wholesale basis. So, even
equal protection
treats other individuals or classes in like circumstances called also equal protection of the law see also rational basis test, strict scrutiny, suspect classification Amendment XIV to the Constitution in the back matter NOTE: The equal protection
Dead rent and royalty
Dead rent and royalty, 'dead rent' is calculated on the basis of the, area leased while 'royalty' is calculated on the quantity of minerals extracted or removed. Thus, while
Valuation
The phrase is not a happy one, for special adaptability for some purpose or other is the very basis of the market value of all and, except, perhaps, land that in all respects falls below the average.
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