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Notionality - Law Dictionary Search Results

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Under is obvious

is obvious, cannot be taken to have same meaning as the word 'of' which may bring in the notion of ownership. Indeed the concept of under can be relevant only when there are two entities one of

Tax on income

Tax on income, embraces any profit or gain which is actually received or notionally accrued, A Commentary on the Constitution of India, Durga Das Basu, 4th Edn., Vol. 5, p. 412. Tax

Speculative transaction

It is apparent that what is contemplated is a real or factual delivery or transfer, and not a notional delivery or transfer, Jute Investment Company Ltd. v. Commissioner of Income Tax, AIR 1980 SC 483: (1980) 1

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Social justice

dealing with industrial matters, it does not adopt a doctrinaire approach and refuses to yield blindly to abstract notions, but adopts a realistic and pragmatic approach. It, therefore, endeavours to resolve the competing claims of employers and

Smallness of profit

many expenses actually incurred by the assessee; and in computing his income, he may include many items on notional basis. But the commercial or accounting profits are the actual profits earned by an assessee calculated on commercial

Satisfaction

it, the court understands him as giving a portion; and by a sort of artificial rule'upon an artificial notion, and a sort of feeling of what is called a leaning against double portions--if the father (or quasi

Reasonable

which an informed, intelligent, just minded, civilized man could rationally favour. The concept of reasonable-ness does not exclude notions of morality and ethics. In the circumstances of a given case consi-derations of morality and ethics may have

Fronting

ordinary parlance. It is not a term of art but one that signifies its meaning according to common notions. Link Advertisers and Business Promoters v. Commissioner Corporation of City of Bangalore, (1977) 3 SCC 204 (210). (Bangalore

Possessio

ownership through usucapio. Accordingly the word possessio, which required no qualification so long as there was no other notion attached to possessio, requires such qualification when detention becomes a legal state. This detention, then, when it has

Opinionated

Stiff in opinion firmly or unduly adhering to ones own opinion or to preconceived notions obstinate in opinion

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