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Transaction

reference to its progress on successive stages. A transaction in the ordinary sense of the words, means some business or dealing which is carried on, or transacted between two or more persons. A transaction is something which

Trader

is not to be understood in a wide sense, as including manufacture. It cannot be said that the business of a film producer which is that of manufacture of films or that of distribution of films is

Appropriate State

Appropriate State, means-(i) in relation to a dealer who has one or more places of business situated in different States, every such State with respect to the place or places of business situated within

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Reserve

AIR 1953 SC 501: (1954) SCR 203. (ii) As to what the word 'Reserves' as used in the Business Profits Tax Act connotes, was considered by this Court in Commissioner of Income-tax v. Century Spinning & Manufacturing

Accumulated loss

means so much of the loss of the amalgamating banking company under the head 'profits and gains of business or profession' (not being a loss sustained in a speculation business) which such amalgamating banking company, would have

Discharge

3 SCR 875. (Limitation Act, 1963, s. 7) Means discharge of a person in a running or continuing business - not discharge of all workmen when the industry itself ceases to exist on a bona fide closure

Circuits

Council of 2nd August, 1910 (amending an order of June 28, 1909), continuous sittings are established for civil business at Manchester and Liverpool, a judge of the K.B.D. being assigned for the purpose. Consequently one circuit judge

Change of user

Change of user, where the new business started by the tenant in the premises let out to him was an allied business or a business

Chairman

p. 238. The function of the Chairman would, therefore, be to preside over meetings, preserve order, conduct the business of the day, ensure that precise decisions are taken and correctly recorded and do all that is necessary

Calling attention

to a matter of urgent public importance and request a statement thereon, Rules of Procedure and Conduct of Business in Lok Sabha, 2002, R. 197(2), Proviso (LS). Only matters concerning the Government of India can be raised

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