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Bankable

Receivable at a bank

intercept

intercept : to receive (a communication or signal directed elsewhere) usually secretly [shall not be unlawful…for a person acting under color of

foster

foster : affording, receiving, or sharing nurture or parental care though not related by blood or legal relationships [a child] [a parent]

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Intakers

Intakers, receivers of stolen goods.

Receipt

Receipt, an acknowledgment in writing of having received a sum of money, which is prima facie but not conclusive evidence of payment, Skaife v. Jackson, (1824)

Mesne profit

Mesne profit, of property means those profits which the person in wrongful possession of such property actually received or might with ordinary diligence have received therefrom, together with interest on such profits, but shall not include

basis

expenses are recorded in the period when they are earned or incurred regardless of when the payment is received or made called also accrual method cash basis : a method of accounting in which income and expenses

collation

or supposed return of goods to the mass of the succession that is made by an heir who received property in advance for the purpose of having the property divided with the rest of the succession compare

Income

very wide import, Universal Radiators v. CIT, AIR 1993 SC 2254 (2256): (1993) 2 SCC 629. Prize money received by the participant in a Motor Rally is 'income' and is liable to tax, CIT v. G.R. Karthikeyan, AIR

Post-graduate training

Post-graduate training, the expression 'post-gradu-ate training' is used in Rule 49(c) in the sense of training received by a person holding a degree in medicine or science and not in the sense that such training ought

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