Long Term Capital Gain - Law Dictionary Search Results
long-term capital gain
Matched in: Term long-term capital gain
gain
Matched in: Term gain
Main Pot
transaction entered into for profit. If the net result is a gain, then the transactions are treated as long-term capital gains and losses.
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Company
operation of a special type of economic institution called company. This was the view which prevailed for a long time in juristic circles all over the democratic world including United State of America, United Kingdom and India. … wound up as in mentioned in the Act. Companies having a share capital are not entitled to commence business before the registrar has delivered a … carrying on any other business having for its object the acquisition of gain, unless it be formed under special Act of Parliament, or letters-patent, or … the memorandum to the amount, if any, unpaid on the shares respectively held by them (in this Act termed a 'company limited by guarantee'); or (ii) A company having the liability of its members limited by the
Insurance
ships for a certain amount, to divide the losses sustained by any of them. These are institutions of long standing, but since the alteration of the law in 1824, appear to be on the decline. The formation … the policy, unless there be some other time specified. Policies of insurance may be annual, or for a term of years at an annual premium; and it is usual for the office, by way of indulgence, to … for carrying on this business have generally a large subscribed but uncalled capital, so as to enable them to raise large sums to make good … secure; the other receives money with the probability that it is clear gain. The instrument by which the contract is made is called a policy;
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