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Processor

Matched in: Term Processor

Investigation

any of the allegations mentioned in Clause 8 referred to in Clause 8-B means, in the context, the processor collection of evidence or the gathering of material. The investigation commen-ces as soon as the authority decides to

Market functionary or functionary

functionary or functionary, includes a broker, a commission agent, an exporter, a ginner, an importer, a presser, a processor, a stockiest, a trader and such other person as may be declared under the rules or the bye-laws

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LAN

A local area network a network3 connecting computers and word processors and other electronic office equipment within a small area to create an inter office system typically within one

Interest

on the due date. Essentially, it is compensatory and different from penalty which is penal in character, Pratibha Processors v. Union of India, AIR 1997 SC 138: (1996) 11 SCC 101. As observed by this Court in

Penalty

assessee for some contumacious conduct or for a deliberate violation of the provisions of the particular statute, Pratibha Processors v. Union of India, AIR 1997 SC 138 (143).

Tax

of money by a public authority for public purposes, the payment of which is enforced by law, Pratibha Processors v. Union of India, AIR 1997 SC 138 (148): (1996) 11 SCC 101. Under s. 4(4)(d)(ii) of the

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