Conceptive - Law Dictionary Search Results
Muslim law
Muslim law, the concept of Muslim Law is based upon the edifice of Shariat, Muslim Law as traditionally interpreted and applied in
Reasonable
reasonable. 'The action is called reasonable which an informed, intelligent, just minded, civilized man could rationally favour. The concept of reasonable-ness does not exclude notions of morality and ethics. In the circumstances of a given case consi-derations
Net wealth tax
Net wealth tax, readings on Taxation in Developing, Countries by Fird and Oldman elucidates the concept of Wealth Tax as follows, at page 281: 'The term 'net wealth tax' is therefore deemed to be
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Source
Source, means not a legal concept but which a practical man would regard as a real source of income, CIT v. Loly Kanchan Bai,
Reserve Price
guide the officers of the second respondent. The resolution prescribes the guidelines for fixing the reserve price. The concept of reserve price is not synonymous with valuation of the property. These two terms operate in different spheres.
Reserved area and selected area
defined, there is no definition of 'selected area'. This indicates that the Legislature did not introduce a new concept of 'selected area' in the Act. The expressions 'reservation' and 'selection' involve the same process and indeed, to
Residence
Residence, is a concept that may also be transitory. Even when qualified by the word 'ordinarily' the word 'resident' would not result
Royalty
Tax 538. Means to compensate the owner of a right or a property and it cannot exceed the concept of compensation, Pradeep C. Mody v. Sashikant C. Mody, AIR 1998 Bom 357. Royalty, known as the equivalent
Ruling Chief
sovereign'. According to Black's Law Dictionary, 5th Edn., p. 1252 (See now 7th Edn. P. 1402) the legal conception of 'sovereignty' is stated thus: The supreme, absolute, and uncontrollable power by which any independent state is governed;
Same and similar
AIR 1956 Punj 49 (55). (Partnership Act, 1932, s. 54) The two words 'same' and 'similar' connote different concepts and therefore the carrying of a similar business will not meet the requirements of the section. If one
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