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Income assessed in a foreign country

Income assessed in a foreign country, the ex-pression 'income assessed in the foreign country' would clearly, in the context

Income arising out of business of export

Income arising out of business of export, bring within its sweep not only export of any goods or merchandise

Fly for it

Fly for it. On a criminal trial in former times it was usual after the verdict, even if not guilty, to inquire also: 'Did he fly for it ?' Forfeiture of goods followed a conviction upon...

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Disputed income

Disputed income, 'disputed income', in relation to an assessment year, means the whole or so much of the total income

Agricultural income

Agricultural income, means agricultural income as defined for the purposes of the enactments relating to Indian income tax. [Constitution of

unearned income

unearned income : income (as interest and dividends) that is not gained by labor, service, or skill compare earned income

earned income credit

earned income credit A tax credit allowed to employed individuals whose income and modified gross income is less than a

deferred income

deferred income : current income forgone to produce a later higher income (as at retirement)

earned income

earned income : income (as wages, salary, professional fees, or commissions) that results from the personal labor or services of

income tax

income tax : a tax on the net income of an individual or a business compare excise, property tax

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