Incoming - Law Dictionary Search Results
Tax on income
Tax on income, embraces any profit or gain which is actually received or notionally accrued, A Commentary on the Constitution of
Income shifting
Income shifting, means the practice of transferring income to a taxpayer in a lower tax bracket, such as a
Income approach
Income approach, means a method of appraising real property based on capitalisation of the income that the property is
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As it deems fit
As it deems fit, the expression 'as it deems fit' has been used but in view of the fact that civil consequences would ensue by reason thereof, the same must be exercised fairly and bona fide....
Agricultural income-tax law
Agricultural income-tax law, means any law for the time being in force relating to the levy of tax on agricultural
ordinary income
ordinary income : income that does not derive from the exchange or sale of capital assets or property used in
nontaxable income
nontaxable income Income that is not taxed.
net income
net income : the balance of gross income remaining after all allowable deductions and exemptions are taken
investment income
investment income : income (as interest, dividends, annuities, or royalties) that is not derived in the ordinary course of a
regular income
regular income : income (as wages or pension benefits) that is received at fixed or uniform intervals
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