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Exactly - Law Dictionary Search Results

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Exact

Precisely agreeing with a standard a fact or the truth perfectly conforming neither exceeding nor falling short in any respect true correct precise as the clock keeps exact time he paid the exact debt an exact copy of a letter exact accounts...


Exactness

The condition of being exact accuracy nicety precision regularity as exactness of judgement or deportment...


Exacting

Oppressive or unreasonably severe in making demands or requiring the exact fulfillment of obligations harsh severe...


Exaction

The act of demanding with authority and compelling to pay or yield compulsion to give or furnish a levying by force a driving to compliance as the exaction to tribute or of obedience hence extortion...


Exactly

In an exact manner precisely according to a rule standard or fact accurately strictly correctly nicely...


Exaction

Exaction, a wrong done by an officer, or one in pretended authority, by taking a reward or fee for what which the law allows not, whereas extortion is where an officer takes more than is due, when something is due to him. The punishment is fine and imprisonment, Co. Litt. 368 b. See also (English) Sheriffs Act, 1887 (50 & 51Vict. c. 55), s. 29....


Tax

Tax [fr. tasg, Wel.; taxe, Fr. and Dut.], an impost; a tribute imposed on the subject; an excise; tallage.A monetary charge imposed by government on persons, entities or properly to yield public revenue, Black's Law Dictionary, 7th Edn., p. 1469.Some general principles of taxation have been said to be:-(1) The subjects of every State ought to contribute to the support of the Government as nearly as possible in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the State. In the observation or neglect of this maxim consists what is called the equality or inequality of taxation.(2) The tax which each individual is bound to pay ought to be certain and not arbitrary. The time of payment, the manner of payment, the quality to be paid, ought all to be clear and plain to the contributor, and to every other person.(3) Every tax ought to be levied at the time, or in the manner, in which it is most likely to be co...


Counterfeit

Counterfeit, an imitation of something, made without lawful authority and with a view to defraud by passing off the false for the true. As to counterfeiting coin, see COIN.Ordinarily counterfeiting implies the idea of an exact imitation; but for the purpose of the Indian Penal Code there can be counterfeiting even though the imitation is not exact and there are differences in detail between the original and the imitation so long as the resemblance is so close that deception may thereby be practised, State of U.P. v. Hafiz Mohammad Ismail, AIR 1960 SC 669 (670): (1960) 2 SCR 911. (Indian Penal Code, (1860) s. 28)'Counterfeit' does not connote an exact reproduc-tion, K. Hashim v. State of Tamil Nadu, (2005) 1 SCC 237....


Penalty

Penalty, is a liability under the taxing statute, Khemka & Co. v. State of Maharashtra, AIR 1975 SC 1549.Penalty, is legal or official punishment such as a term of imprisonment, N.K. Jain v. C.K. Shah, AIR 1991 SC 1289. [Employees' Provident Fund Act, 1952, s. 14]Means recovery of an amount as a penal measure in civil proceedings, or an exaction which is not compensatory in character, Jagjit Cotton Textile Mills v. Chief Commercial Superintendent, N.R., (1998) 5 SCC 126.1. A sum agreed to be paid on non-performance of the condition of a bond. See BOND.2. A sum agreed to be paid on breach of an agreement or any stipulation of it. See LIQUIDATED DAMAGES, and NOMINE PEN'. The fact that the parties state expressly in their contract that the sum named is 'liquidated damages' will not prevent the Court from deciding that it is a penalty. 'The cases upon the subject of penalty or liquidated damages are very numerous. The result of them seems to be this, that what the Courts look at is the rea...


Quinto exactus

Quinto exactus, means 'exacted the fifth time'. A sheriff's return made after a defendant had been called to five county courts but failed to appear. The county coroners then ordered that the defendant be deprived of the benefits of the law, Black's Law Dictionary, 7th Edn., p. 1261.Means if a non est inventus is returned upon all of them, a writ of exigent or exigi facias may be sued out, which requires the sheriff to cause the defendant to be proclaimed, required, or exacted, in five county courts successively, to render himself, and if he does, then to take him, as in a capias; but if he does not appear, and is returned quinto exactus, he shall then be outlawed by the coroners of the county, Commentaries on the Laws of England, 3 William Blackstone 283 (1768).Quinto exactus, the fifth or last call or requisition of a defendant sued to outlawry. See Cowel, voce 'Quint-exact....


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