Contribution - Law Dictionary Search Results
Home Dictionary Name: contributionContribution
Contribution, to any fund shall not include any sums in repayment of loan. [Income-tax Act, 1961 (43 of 1961), s. 80C(8)(ii)]Means the sum of money payable to the corporation by the principal employer in respect of an employee and includes any amount payable by or on behalf of the employee in accordance with the provisions of this Act. [Employees' State Insurance Act, 1948 (34 of 1948), s. 2(4)]The word 'contribution' used in the proviso must also be given its due meaning. It cannot be understood as donations. If that be so, a voluntary contribution cannot amount to a compulsive donation. If the donor, in order to gain an advantage or benefit, if he apprehends that but the contribution some adverse consequence would follow, makes a donation certainly it ceases to be voluntary, Municipal Corpn. of Delhi v. Children Book Trust, AIR 1992 SC 1456 (1472): (1992) 3 SCC 390. [Delhi Municipal Corporation Act, 1957, (66 of 1957), s. 115(4)(a), Proviso]The performance by each of two or more pers...
capital contribution
capital contribution : a contribution of funds or property to the capital of a business by a partner, owner, or shareholder NOTE: Under the Internal Revenue Code, a capital contribution is generally excluded from a company's gross income, unless it is a loan from a shareholder that the company is released from repaying. ...
contribute
contribute -ut·ed -ut·ing vt : to make a contribution of vi : to make a contribution ...
defined contribution plan
defined contribution plan : a pension plan in which the amount of the contributions made by the employer is fixed in advance and earnings are distributed proportionately ...
Contributive
Contributing or tending to contribute...
Foreign contribution
Foreign contribution, means the donation, delivery or transfer made by any foreign source--(i) of any article, not being an article given to a person as a gift for his personal use, if the market value, in India, of such article, on the date of such gift, does not exceed one thousand rupees.(ii) of any currency, whether Indian or foreign;(iii) of any foreign security as defined in clause (i) of s. 2 of the Foreign Exchange Regulation Act, 1973. [Foreign Contribution (Regulation) Act, 1976 (49 of 1976), s. 2(1)(c)]...
charitable contribution
charitable contribution Money or property donated to a qualified charity. ...
contribution
contribution 1 : payment of a share of an amount for which one is liable: as a : shared payment of a judgment by joint tortfeasors esp. according to proportional fault compare apportion b : pro rata apportionment of loss among all the insurance policies covering the same person or property compare indemnity 2 : the money paid by one responsible for a share 3 : payment to a common fund (as by an employer or employee to an insurance plan or retirement fund) ...
Contributable
Capable of being contributed...
Contribute
To give or grant i common with others to give to a common stock or for a common purpose to furnish or suply in part to give money or other aid for a specified object as to contribute food or fuel for the poor...
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