Nets - Law Dictionary Search Results
Income or net income
Income or net income, Income is money or other benefit periodically received. It is profit or revenue and not capital. It is gain derived from capital or labour or both. Net income is income obtained after...
net worth method
net worth method : a method used by the Internal Revenue Service to detect and calculate tax evasion in which the change in a taxpayer's net worth is compared to reported taxable income taking into account...
net worth
net worth : the excess of the value of assets over liabilities : net assets at asset
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net profit before taxes
net profit before taxes Net sales or total receipts of a business minus all expenses except taxes
net profit after taxes
net profit after taxes A company's net profit before taxes, minus federal, state or local income or franchise taxes
Net-worth
Net-worth, means the sum total of the paid-up capital and free reserves. [Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986), s. 3 (1) (ga)] The concept of 'Net Worth' always denotes the excess of...
net quick assets
net quick assets see asset
net listing
net listing see listing
Net Tax
Net Tax, in relation to any period, means - (a) in case of a registered dealer, the amount of output tax in excess of the input tax credit claimed by such registered dealer in accordance with...
Day net
A net for catching small birds
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