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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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