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Net profits

and are to be ascertained after deduction of excess profits tax which is payable by the assessee, CIT v. Delhi Flour Mills Co. Ltd., AIR 1959 SC 185 (188): 1959 Supp (1) SCR 28. [Excess Profits Tax Act,

His return of income

the previous return and is filed before the assessment is complete, Delhi Cloth & General Mills Co. Ltd. v. State of U.P., (1979) 1 SCC 258: (1979) 2 SCR 109. … in Rule 5 of the U.P. Agricultural Income Tax Rules, 1949 would apply to any of the returns contemplated under s. 15 of the U.P. Agricultural Income Tax Act, 1948, namely, (1) a return filed in pursuance

Capital gains

computed and charged under s. 12B or any other provisions of the Act, Commissioner of Income-Tax (Central), Delhi v. Harprasad & Co. (P.) Ltd., (1975) 3 SCR 696: AIR 1975 SC 1282: (1975) 3 SCC 868. The … Capital gains, capital gains would be covered by the definition of 'income' in sub-s. (6C) of s. 2, only if they were chargeable under s.

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Average of the basic wage

which he has worked and multiplied by 26 in order of arrive at the monthly wage for the computation of gratuity payable, Delhi Cloth and General Mills Co Ltd. v. Workers, AIR 1970 SC 919 (938): (1969)

Terminal

and Weaving Mfg. Co. Ltd. v. Municipal Committee, Wardha, AIR 1958 SC 341; Man Mohan Tuli v. M.C. Delhi, AIR 1981 SC 991: 1981 (2) SCC 467. … finishing point; sometimes that from which it starts; starting paint; and end; extremity; the point at which something comes to an end, Central India Spinning and Weaving Mfg. Co. Ltd. v. Municipal Committee, Wardha, AIR 1958 SC

Lex situs

Lex situs, defined, Delhi Cloth & General Mills Co. Ltd. v. Harnam Singh, AIR 1955 SC 590. Lex situs. See LEX LOCI REI SIT'

Meaning or connotation of words and phrases

are understood in the trade, by the dealer and the consumer, Delhi Cloth and General Mills Co. Ltd. v. State of Rajasthan, AIR 1980 SC 1552: (1980) 4 SCC 71: (1980) 3 SCR 1109. … Meaning or connotation of words and phrases, In determining the meaning or connotation of words and expressions describing an article or

Next ensuing

mean 'the year next ensuing after the year in which the amendment is made', New Delhi Municipal Committee v. Life Insurance Corporation of India, AIR 1977 SC 2134 (2140): (1977) 4 SCC 84: (1978) 1 SCR 279. … Next ensuing, the words 'next ensuing' which occur in s. 66 of the Punjab Municipal Act, 1911, cannot co-related to the date of the amendment so as to mean 'the year next ensuing after the year in

Something incidental to a dispute

to a dispute, 'something incidental to a dispute' must mean something happening as a result of or in connection with the dispute or associated with the dispute, Delhi Cloth and General Mills Co. Ltd. v. Workmen, AIR

Gratuity

rendered for a considerable period. A workman gains experience during his tenure of employment, D.T.C. Retired Employees Association v. Delhi Transport Corporation, AIR 2001 SC 1997: (2001) 6 SCC 61. See also British Paints (India) Ltd. v. Workmen, … his pleasure but as a result of a long series of decisions of industrial tribunals gratuity has now come to be regarded as a legitimate claim which workmen can make and which, in a proper case, can

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