Savings Account - Law Dictionary Search Results
Year
[Rajasthan Public Libraries Act, 2006, s. 2(t)] Means a year commencing on 1st day of April. [Equity Linked Savings Scheme, 2005, s. 2(g)] [fr. gear, Sax.], 365 days, twelve calendar months, fifty-two weeks and one day, or … India Act, 1990 (25 of 1990), s. 2(x)] The 'year' contemplated in the assessment year and not the accounting year or the previous year of the assessee, Madanlal Mathurdas v. Chunilal, Income-tax Officer, Ward 'C', AIR 1960
Property
deeds and instruments evidencing title to, or interest in, such property or assets, and includes cash and bank account. [Unlawful Activities (Prevention) Act, 1967 (37 of 1967), s. 2(h)] Includes any property over which or the profits … in free use, enjoyment, and disposition by a person of all his acquisitions, without any control or diminution, save only by the laws of the land, Jilubhai Nanbhai Khachar v. State of Gujarat, AIR 1995 SC 142:
Insurance
does not otherwise come under the heading of general average or total loss. Losses where the goods are saved, but in such a state as to be unfit to forward to their destination, and where the ship … styled Lloyd's agents) are appointed in all the principal ports of the world, who forward regularly to Lloyd's accounts of the departures of ships from, and arrivals at, such ports, as well as of losses and other
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Rent
p. 536-37. Means whatever is payable to a landlord in money, kind or service by a tenant on account of land held by him, Baba Badri Dass v. Dharma, AIR 1982 P&H 255. Rent, would include the … demand of it, to take advantage of a condition of re-entry or to tender it, in order to save a forfeiture; but, more properly speaking, the demand should be made before sunset, so as to allow sufficient
Indemnity
thus a landlord releasing a claim against his tenant for breach of covenant to repair may have to account for the cost of the repairs upon a claim under a policy against loss by fire. For indemnities … Secretaries of State Act, 1929 (20 Geo. 5, c. 9). A contract by which one party promises to save the other from the loss caused to him by the conduct of the promisor himself, or by the
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