First Imposition - Law Dictionary Search Results
Home Dictionary Name: first impositionFirst imposition
First imposition, the 'first imposition' means not only the first imposition in the sense of an initial imposition, but it includes every fresh imposition levied at an increased rate, Amalgamated Coalfields Ltd. v. Janpada Sabha, AIR 1964 SC 1013 (1021): 1963 Supp (1) SCR 172. [Central Province Local Self Government Act, 1920 (4 of 1920), s. 51(2)]...
Levy, Imposition, Collection
Levy, Imposition, Collection, The term 'levy' appears to be wider in its import than the term 'assessment'. It may include both 'imposition' of a tax as well as assessment. However, 'levy' does not extend to 'collection'. Article 265 of the Constitution makes a distinction between 'levy' and 'collection, Assistant Collector of Central Excise v. National Tobacco Co. of India Ltd., AIR 1972 SC 2563: (1972) 2 SCC 560: (1973) 1 SCR 822.To levy is to realise or to collect, Mehtab Singh v. State of U.P., AIR 1979 SC 1263: (1979) 4 SCC 597 [Penal Code, 1860 s. 70]The term 'levy' is an expression of wide import. It includes both imposition of a tax as well as its quantification and assessment, Ujagar Prints v. Union of India, AIR 1989 SC 516: (1989) 3 SCC 488.The term 'levy' is in its import than the term 'assessment'. It may include both 'imposition' of a tax as well as assessment. The term 'imposition' is generally used for the levy of a tax or duty by legislative provisions indicating the s...
Imposition
Imposition, tax contribution.The term 'imposition' is generally used for the levy of a tax or duty by legislative provisions indicating the subject-matter of the tax and the rates at which it has to be taxed, Assistant Collector of Central Excise v. National Tobacco Co. of India Ltd., AIR 1972 SC 2563: (1972) 2 SCC 560: (1973) 1 SCR 822...
Imposition of tax
Imposition of tax, imposition of Tax is the method by which the levy is imposed and collected, Municipal Board, Hapur v. Raghuvendra Kripal, AIR 1960 SC 693 (696): (1960) 1 SCR 950...
Tax and imposition of tax
Tax and imposition of tax, there is a difference between the tax and the imposition of the tax. The former is the levy itself and the latter the method by which the levy is imposed and collected, Municipal Board v. Raghuvendra Kripal, AIR 1966 SC 693 (696): (1966) 1 SCR 950....
first in, first out
first in, first out : being or relating to a method of valuing inventories by which items in the lot first received are assumed to be issued or sold first and requisitions are priced at the cost per item of the oldest lot on hand compare last in, first out ...
First fruits
First fruits, an incident to the old feudal tenures, being one year's profits of the land after the death of a tenant, which belonged to the king. Hence arose the claim of the head of the Church to the first year's profits of every clergyman's benefice; otherwise called annates or primati', transferred from the Pope to the Crown by 26 Hen. 8, c. 3, and from the Crown to the Church for the augmentation of poor livings, by 2 & 3 Anne, c. 11. The holders of benefices of a value not exceeding 50l. a year were freed from first fruits and tenths by 6 Anne, c. 44, and 6 Anne, c. 54. First fruits were paid on their value as compounded for under 26 Hen. 8, c. 3, by the then holders of preferments. But both first fruits and tenths were abolished by the First Fruits and Tenths Measure, 1926 (16 & 17 Geo. 5, No. 5). See BOUNTY OF QUEEN ANNE AND TENTHS....
last in, first out
last in, first out : being or relating to a method of valuing inventories by which items from the last lot received are assumed to be sold first and all requisitions are priced at the cost per item of the lot last stocked compare first in, first out ...
Fir
A genus Abies of coniferous trees often of large size and elegant shape some of them valued for their timber and others for their resin The species are distinguished as the balsam fir the silver fir the red fir etc The Scotch fir is a Pinus...
First information report
First information report, An information given under sub-s. (1) of s. 154 Cr PC is commonly known as first information report (FIR) though this term is not used in the Code. It is a very important document. And as its nickname suggests it is the earliest and the first information of a cognizable offence recorded by an officer in charge of a police station, T.T. Antony v. State of Kerala, AIR 2001 SC 2637: (2001) 6 SCC 181....
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