His Income - Law Dictionary Search Results
Bail
he should satisfy the debt costs and damages, or render himself to prison, or that they would do it for him. Since the abolition of arrest on mesne process bail in civil cases is virtually extinct, but
trust
Trusts are often created for their advantageous tax treatment. accumulation trust : a trust in which principal and income are allowed to accumulate rather than being paid out NOTE: Accumulation trusts are disfavored and often restricted in
Drunkenness
doing is voidable if the person with whom the contract was made was aware of the fact, but it is not void, and may be ratified when he becomes sober, Matthews v. Baxter, (1873) LR 8 Ex
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Justifiable homicide
Justifiable homicide, the killing of a human creature without incurring any legal guilt. It is of various kinds:- (1) The due execution of public justice, inputting a malefactor to death who has
Property
it signifies every possible interest which a person can acquire, hold and enjoy, J.K. Trust v. Commissioner of Income Tax, AIR 1957 SC 846 (849): (1958) SCR 65. [Income Tax Act, 1922, s. 4(3)(i)] (vi) As a
Married women's property
anticipation' [see ANTICIPATION] 'at present attached, or to be hereafter attached, to the enjoyment of any property or income by a woman under any settlement, agreement for a settlement, will, or other instrument.' Moreover, by s. 3
Guardian
of a country, region or locality of that country shall also be considered as the geographical indication if it relates to a specifies geographical area and is used upon or in relation to particular goods originating from
Rent
121, with the additional powers of creating a term to secure payment by mortgage, sale or receipt of income of the land comprised in the term. Quit-rents, chief-rents, rent-charges, and other annual sums issuing out of land
Resignation
3, p. 2299. Resignation, is a term of legal art having legal connotations which describe certain legal results. It is characteristically, the voluntary surrender of a position by the person on resigning, made freely and not under
Common stock or common hotchpot
donee. Further no question of acceptance of the property thrown into the common stock arises, Goli Eswariah v. Commissioner of Gift Tax, (1970) 2 SCC 390: AIR 1970 SC 1722: (1971) 1 SCR 522.
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