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His income

of assessment to tax and would have to be shown in the return of income filed by him, Commissioner of Income Tax v. P.K. Kochammu Amma Peroke, AIR 1980 SC 2114: (1981) 1 SCC 241: (1981) 1

Tax payable

refer to the tax, if any, payable by the assessee mentioned in the first part of s. 271(1)(a)(i), Commissioner of Income Tax v. Vegetables Products Ltd., AIR 1973 SC 927 (929): (1973) 1 SCC 442: (1973) 3

Total income

s. 5 computed in the manner laid down in this Act, Cambay Electric Supply Industrial Co. Ltd. v. Commissioner of Income Tax, AIR 1978 SC 1099: (1978) 2 SCC 644: (1978) 3 SCR 660.

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Any income

in their application by reason of the user of the expression 'derived from', Orissa State Warehousing Corporation v. Commissioner of Income Tax, (1999) 4 SCC 197.

Income arising out of business of export

of any goods or merchandise manufactured or possessed by assessee but also of trading goods, P.R. Prabhakar v. Commissioner of Income Tax, 2006 (6) SCC 86: 2006 (7) SCALE 191: 2006 (6) Supreme 99: 2006 (6) SLT

Corporation Tax

Corporation Tax, 'corporation tax' means any tax on income, so far as that tax is payable by companies and is a tax in the case of which

Salami/Agricultural income

Salami/Agricultural income, 'salami' is a compulsory payment by the tenant to the landlord at the inception of the tenancy. It

Super-tax

Super-tax. This term was first employed in the (English) Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40), s. 4, to denote an additional duty of

Tax, interest and penalty

Tax, interest and penalty, tax, interest and penalty are three different concepts. Tax becomes payable by an assessee by

Net wealth tax

Net wealth tax, readings on Taxation in Developing, Countries by Fird and Oldman elucidates the concept of Wealth Tax as follows,

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