Juridical Person - Law Dictionary Search Results
Home Dictionary Name: juridical personjuridical person
juridical person in the civil law of Louisiana : an entity (as a partnership or corporation) that is given rights and responsibilities compare natural person NOTE: The rights and responsibilities of a juridical person are distinct from those of the natural persons constituting it. ...
Person
Person, a Hindu Undivided Family is a person, Kshetra Mohan-Sannyasi Charan Sadhukhan v. Commissioner of Excess Profit Tax, West Bengal, AIR 1953 SC 516.According to company law it does not mean an unregistered firm, Firm Pannaji v. Devichand Kapurchand, 99 IC 640.Person, does not include court, Kharka Gigabhai Mavji v. Soni Jagjivan Kanji, (1979) 20 Guj LR 256.Person, implies only an individual and does not bear scrutiny when construed in the case of a company, a firm of partners or an association of persons, J.K. Industries Ltd. v. Chief Inspector of Factories and Boilers, (1997) SCC (205) 1.Person, in an Act of Parliament passed after 1st January, 1890, includes 'any body of persons corporate or unincorporate' unless the contrary intention appears, Interpretation Act, 1889, s. 19. A corporation, such as a limited company, may be a 'respectable and responsible person' within the meaning of a covenant against assignment in a lease, Willmott v. London Road Car Co., (1910) 2 Ch 525. A c...
person
person 1 : natural person 2 : the body of a human being ;also : the body and clothing of a human being [had drugs on his ] 3 : one (as a human being or corporation) that is recognized by law as the subject of rights and duties see also juridical person, legal person, personality per·son·hood n ...
natural person
natural person : a human being as distinguished from a person (as a corporation) created by operation of law compare juridical person, legal person ...
Individual
Individual, means 'single, particular, special; not general, having a distinct character, characteristic of a particular person, designed for use by one person, a single member of a class, a single human being as distinct from a family or group, a person (a most unpleasant individual). (Concise Oxford Dictionary), C.I.T. v. Om Prakash, (1999) 6 SCC 349.The words 'individual' in s. 3 of the Income-tax Act, 1922 includes with its connotation all artificial juridical persons, Jogendra Nath Naskar v. CIT, AIR 1969 SC 1089 (1094): (1969) 1 SCC 555. (Income-tax Act, 1922, s. 3)When s. 16(3) talks of an 'individual' it is only in a restricted sense that the word has been used. The section only talks of 'individual' capable of having a wife or minor child or both. It therefore necessarily excludes from its purview a group of persons forming a unit or a corporation created by a statute and is confined only to human beings who in the context would be comprised within that category, CIT v. Sodra ...
Net wealth tax
Net wealth tax, readings on Taxation in Developing, Countries by Fird and Oldman elucidates the concept of Wealth Tax as follows, at page 281: 'The term 'net wealth tax' is therefore deemed to be imposed on the person of the taxpayer, while the property tax often deemed to be imposed on an object - the property itself.' In Harvard Law School World Tax Series - Taxation in Columbia Net Wealth Tax is defined at page 451 thus: 'As a general rule, all debts owed by a tax-payers, whether to residents or to non-residents, are deductible if their existence is established in conformity with the legal requirements. The usual test of deductibility, as applied by the Division of National Taxes, is whether or not there is an actual, enforceable legal obligation the amount of which is fixed or computable as on December 31, of the tax year.' According to Harvard Law School World Tax Series - Taxation in Sweden - this tax has been levied in Sweden since a long time. Now it is regulated by law enacted...
juristic person
juristic person : juridical person ...
private person
private person 1 : an individual who is not a public figure or in the military services 2 in the civil law of Louisiana : a juridical person governed by private law ...
public person
public person in the civil law of Louisiana : a juridical person (as the state) acting in a sovereign capacity ...
entity
entity pl: -ties : an organization (as a business or governmental unit) that has a legal identity which is separate from those of its members see also alter ego, instrumentality, juridical person, legal person, pierce ...
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