Profits - Law Dictionary Search Results
Bazaar
Bazaar-(1) daily market or market-place; (2) a place for the sale of miscellaneous goods for no profits to the sellers but for the purpose of raising funds for some charitable purpose. These sales are exempt
Bonus
Bonus in the industrial sense as understood in our country does come out of the available surplus of profits, and when paid, it fills the gap, wholly or in part, between the living wage and the actual
Bonus shares
Bonus shares, bonus share is an accretion. A bonus share is issued when the company capitalises its profits by transferring an amount equal to the face value of the share from its reserve to the nominal
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Borrowed money
lending, K.M.S. Lakshmanier v. CIT, AIR 1953 SC 145 (147): 1953 SCR 1057: (1953) 23 ITR 202. [Excess Profits Tax Act, 1940 Sch II R. 2A]
Bovill's (Sir W.) Act
86, now repealed but substantially re-enacted by the Partnership Act, 1890. It established the principle that participation in profits does not in itself constitute partnership, in accordance with, Cox v. Hickman, (1860) 8 HLC 268.
Bribe
a bribe, Rex v. Whitaker, (1914) 3 KB 1283. It has long been settled law that the secret profits of an agent belong to his principal: see De Busche v. Alt, (1878) 8 Ch D 286. The
Bridge-masters
Bridge-masters, of London Bridge, were persons chosen by the citizens, who had certain fees and profits belonging to their office and the care of the bridge, Jac. Law Dict
Pernancy
A taking or reception as the receiving of rents or tithes in kind the receiving of profits
Fructuary
One who enjoys the profits income or increase of anything
Capital expenditure and revenue expenditure
such asset or advantage but for running the business or working it with a view to produce the profits it is a 'revenue expenditure', Assam Bengal Cement Co. v. C.I.T, AIR 1955 SC 89 (96). [Income-tax Act,
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