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Net Veined - Law Dictionary Search Results

Home Dictionary Name: net veined

Net veined

Having veins or nerves reticulated or netted as a net veined wing or leaf...


Dicotyledonae

a class of plants comprising those seed plants that produce an embryo with two cotyledons and net veined leaves divided into six not always well distinguished subclasses or superorders Magnoliidae and Hamamelidae considered primitive Caryophyllidae an early and distinctive offshoot and three more or less advanced groups Dilleniidae Rosidae Asteridae...


Dictyogen

A plant with net veined leaves and monocotyledonous embryos belonging to the class Dictyogenaelig proposed by Lindley for the orders Dioscoreaceaelig Smilaceaelig Trilliaceaelig etc...


Exogen

A plant belonging to one of the greater part of the vegetable kingdom and which the plants are characterized by having c wood bark and pith the wood forming a layer between the other two and increasing if at all by the animal addition of a new layer to the outside next to the bark The leaves are commonly netted veined and the number of cotyledons is two or very rarely several in a whorl Cf Endogen...


Magnoliopsida

A class of seed plants that produce an embryo with two cotyledons and net veined leaves divided into six not always well distinguished subclasses or superorders Magnoliidae and Hamamelidae considered primitive Caryophyllidae an early and distinctive offshoot and three more or less advanced groups Dilleniidae Rosidae Asteridae...


VerbarNeuroptera

An order of hexapod insects having two pairs of large membranous net veined wings The mouth organs are adapted for chewing They feed upon other insects and undergo a complete metamorphosis The ant lion hellgamite and lacewing fly are examples Formerly the name was given to a much more extensive group including the true Neuroptera and the Pseudoneuroptera...


Net wealth

Net wealth, 'net wealth' means the amount by which the aggregate value computed in accordance with the provisions of this Act of all the assets wherever located, belonging to the assessee on the valuation date, including assets required to be included in his net wealth as on that date under this Act, Commissioner of Wealth Tax v. Bishwanath Chatterjee, AIR 1976 SC 1492 (1494): (1976) 3 SCC 385: (1976) 3 SCR 1096. [Wealth Tax Act, 1957, ss. 2(m) and 21(5)]It means the amount by which the aggregate value computed in accordance with the provisions of this Act of all the assets, wherever located, belonging to the assessee on the valuation date, including assets required to be included in his net wealth as on that date under this Act, is in excess of the aggregate value of all the debts owed by the assessee on the valuation date which have been incurred in relation to the said assets. [Wealth-tax Act, 1957 (27 of 1957), s. 32 (m)]A coparcenary has unity of possession but not unity of owners...


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...


Net annual income

Net annual income, 'net annual income', in relation to a wakf, means net annual income determined in accordance with the provisions of the Explanations to sub-s. (1) of s. 72. [Wakf Act, 1995 (43 of 1995) s. 3(j)]...


Net profits

Net profits, clear profits after all deductions, see Watson v. Haggitt, 1928 AC 127. [s. 42, Indian Trusts Act]Net profits, the 'net profits' means the divisible profits and are to be ascertained after deduction of excess profits tax which is payable by the assessee, CIT v. Delhi Flour Mills Co. Ltd., AIR 1959 SC 185 (188): 1959 Supp (1) SCR 28. [Excess Profits Tax Act, 1940, s. 4]...


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