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gross income

gross income : all income derived from any source except for items specifically excluded by law NOTE: Section 61 of

His income

His income, The words 'his income' in s. 139, sub-s. (1) of the Income Tax Act, 1961 must include every

Salami/Agricultural income

Salami/Agricultural income, 'salami' is a compulsory payment by the tenant to the landlord at the inception of the tenancy. It

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Escaped income

Escaped income, it would be difficult to confine the meaning of the word 'escape' only to cases where no return

Income in respect of a decedent

Income in respect of a decedent, means income earned by a person, but not collected before death. This income

Net income

Net income, in matrimonial jurisprudence the expression would normally mean total income derived less the cost of collection and other

Income and deemed income

Income and deemed income, the expression 'income' as used in s. 69A of the Act, has wide meaning which

Total income

Total income, the expression 'total income' is defined in s. 2(45) of the Income Tax Act, 1961 as meaning the

It shall be lawful

It shall be lawful, according to s. 105(1) of the Companies Act, 1913 'It shall be lawful for a company to pay a commission to any person in consideration of his subscribing' for shares in it....

Income as returned

Income as returned, the words 'income as returned' means income as disclosed or shown in the return filed under

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