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Earned surplus
it represents a specific account into which are added the net profits of the year and appropriations are made out of
Ruche
A plaited quilled or goffered strip of lace net ribbon or other material used in place of collars or
Debt owed
that the deduction claimed should be allowed while computing the net wealth of the assessee, Ahmed Ibrahim Sahigra Dhoraji v. Commissioner
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Current account transaction
business, (ii) payments due as interest on loans and as net income from investments, (iii) remittances for living expenses of parents,
Commercial unit of agricultural land
unit capable, when framed under competent manage-ment of producing a net annual income of an amount not less than the aggregate
Carry over
or shortly a 'back.' An income-tax deduction (esp. for a net operating loss) that cannot be taken entirely in a given
Bridging loan
greater than a sum specified in the statement as the net receipt which the borrower expects from an intended disposal of
Belong
Belong, the expression 'belong' has been defined as follows in the Oxford English Dictionary, 'To be the property or rightful...
Allowance
but if treat be allowed, the remainder is called the net weight. Tret is a deduction of 4 lb. From every
Seine
A large net one edge of which is provided with sinkers and the
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