Diminution In Value - Law Dictionary Search Results
diminution in value
Matched in: Term diminution in value
Depreciation
Commissioner v. Alps Theatre, AIR 1967 SC 1437 (1439). [Income Tax Act, 1922, s. 10(2)(vi)] It represents the diminution in value of a capital asset when applied to the purpose of making profit or gain, Workmen of National &
taking
Constitution see also inverse condemnation, physical taking, regulatory taking NOTE: A governmental action that results in a mere diminution in property value is less likely to be considered a taking than one that deprives the owner of economically
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Fruit
product of something as land or property 2. Income of goods derived or produced from property without a diminution of property's value, Black's Law Dictionary, 7th Edn.
Property
consists in free use, enjoyment, and disposition by a person of all his acquisitions, without any control or diminution, save only by the laws of the land, Jilubhai Nanbhai Khachar v. State of Gujarat, AIR 1995 SC … [The Prevention of Money-Laundering Act, 2002, s. 2(v)] Means corporeal or incorporeal rights including money which is exchangeable in value capable of satisfying temporal needs of its owner, Chattar Lal v. Motor Accident Claims Tribunal, 1997 (1) WLC
Exchange
exchange, and their weight or fineness, as fixed by the mint regulations; and, secondly, any sudden increase or diminution of the bills drawn in one country upon another, See McCull. Com. Dict. An 'exchange' involves the transfer … individuals residing at a distance from their creditors are satisfied without the transmission of actual money. Also the value of the currency of one country in the terms of another. Par of Exchange. The par of the
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