Gift Tax - Law Dictionary Search Results
Gift-tax
Matched in: Term Gift-tax
gift tax
Matched in: Term gift tax
Gift Tax Act and Estate Duty Act
Matched in: Term Gift Tax Act and Estate Duty Act
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Oblata
Oblata, gifts or offerings made to the king by any of his subjects. In the Exchequer it signified old debts, … Oblata, gifts or offerings made to the king by any of his subjects. In the Exchequer it signified old debts, brought as it were together from precedent years, and put on the present sheriff's charge,
Gift
Matched in: Term Gift
gift
Matched in: Term gift
Donatio mortis causa
Donatio mortis causa, a gift of personal property in prospect of death; a death-bed disposition; an inchoate gift of personalty consummated by the … property in prospect of death; a death-bed disposition; an inchoate gift of personalty consummated by the giver's death. It is derived from the Civil Law; Justinian's Inst. Lib. 2, tit. 7, shows its nature. To render this
Legacy
Legacy [fr. legatum, Lat.]. A legacy is a gift of personalty by will, and, arising as it does from the mere bounty of the testator, it is … Legacy [fr. legatum, Lat.]. A legacy is a gift of personalty by will, and, arising as it does from the mere bounty of the testator, it is postponed to the claims of creditors. There are
Transfer
alienation is a transfer and a permanent alienation includes the several kinds of transfers, namely, sale, exchange or gift, Syed Jalal v. Targopal Ram Reddy, AIR 1970 AP 19. Transfer, cannot have the widest comprehension, and does … Transfer shall be deemed to include also the transactions referred to in clause (f) of section 269VA. [Income Tax Act, 1961 (43 of 1961), s. 80C]
Marz-ool-maut
with the disease an apprehension of death. A person labouring under such a disease cannot make a valid gift of the whole of his property until a year has elapsed, from the time he was first attacked … the term 'marz-ool-maut' is applicable not only to disease which actually cause death but to diseases from which it is probable that death will ensure so as to engender in the person affected with the disease an
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