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Net wealth tax

Taxation in Developing, Countries by Fird and Oldman elucidates the concept of Wealth Tax as follows, at page 281: 'The term

Supplies

welfare State is to ensure food to its citizens. The concepts of 'supplies' and 'services' intermingle in the discharge of that

Obscene

(1965) 1 SCR 65. (Indian Penal Code, s. 292) The concept of obscenity would differ from country to country depending on

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Residence

Residence, is a concept that may also be transitory. Even when qualified by the

Export

[Customs Act, 1962 (52 of 1962), s. 2 (18)] The concept of export in Art. 286 postulates, just as the word

Usage

the custom of gavelkind) be judicially noticed without proof. The concept of long continuance and passage of time is inbuilt in

Undertaking

The relevant provisions use the term 'industry'. Undertaking is a concept narrower than industry. An undertaking may be a part of

Under is obvious

which may bring in the notion of ownership. Indeed the concept of under can be relevant only when there are two

Ultra vires

or 'lack of power'. The term 'ultra virus' signifies a concept distinct from illegality, Anand Prakash v. Assistant Registrar of Co-op.

Trade mark and property mark

Trade mark and property mark, the concept of trade mark is distinct from that of a property

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