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Seizure

Seizure, 'seizure' means something different because here seizure means that the Commissioner would take into possession the account books and take them outside the possession of the assessee, Mangat Rai v. State of Madhya Pradesh (1969)...

Upset price and value

Upset price and value, in the case of A.U. Natarajan (Dr.) v. Indian Bank, AIR 1981 Mad 141, it has been held that the expressions 'value of a property' and 'upset price' are not synonymous but...

Set up

Set up, means a unit cannot be said to have been set up, unless it is ready to discharge the function for which it is being set up. It is only when the unit has been...

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Tools

Tools, the term tools cannot be restricted to simple implements used by artisans for purpose of their trade, AIR 1962 Mad 444 (446). As to their privilege from distress, see DISTRESS. In bankruptcy, Bankruptcy Act, 1914,...

Wholly for religious or charitable purpose

Wholly for religious or charitable purpose, the expression 'wholly for religious or charitable purpose' means that property under trust is held wholly for religious or charitable purposes, AIR 1967 Mad 396 (397). [Madras Agricultural Income Tax...

Weaving

Weaving, expression 'weaving' means to form a fabric by interlacing yarn on a loom. It also means the method or pattern of weaving or the structure of a woven fabric, Ess Dee Carpet Enterprises v. Union...

Wages

Wages, if the remuneration is to be paid daily or weekly, it can be called wages. But when it is monthly remuneration payable on the last day of the month or after that date, and when...

Use

Use, connotes that the traveling or stationary vehicle at the time when it becames the subject-matters of a delictum was at the place where it is found in the course of its user in accordance with...

Party

Party, a guardian instituting suit on behalf of a minor is not a 'party' within the meaning of section 195(1)(c) of Criminal Procedure Code against whom a complaint can be directed to be issued by an...

Undue influence

Undue influence, Any influence, pressure, or domination in such circumstances that the person acting under that influence may be held not to have exercised his free and independent volition in regard to the act. As to...

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