Sums Due - Law Dictionary Search Results
tax credit
tax credit : an amount that may be subtracted from the sum of tax otherwise due and that is distinguished from a deduction applied to gross income in the calculation of taxable income compare
The sum payable
notice of demand is to be served now only in respect of the amount by which the Government dues are enhanced, Union of India v. Jardine Henderson Ltd., AIR 1979 SC 972 (977): (1979) 2 SCC 258:
Bank discount
rate on the principal face of a bill or note from the time of discounting until it becomes due
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Freight
or bill of lading, but in the absence of any formal stipulation on the subject it would be due according to the custom or usage of trade. In the absence of an express contact to the contrary,
Present value
date on which this is to be paid thus interest being at 6 the present value of 106 due one year hence is 100
Acquintance
pay money on a bond, rent reserved upon a lease, etc., and the party to whom it is due, on receipt thereof, gives a writing under his hand witnessing that he is paid, this will be such
I O U
an acknowledgment of a debt and taken as evidence thereof but not amounting to a promissory note a due bill
Duly
will suffice; see Starkey v. Barton, (1909) 1 Ch 284. The word 'duly' means properly, regularly or in due manner. In the context in which it is used it may legitimately be given even a more restricted
fund
specific objective cli·ent security fund : a fund established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank
Tax
[West Bengal Value Added Tax Act, 2003, s. 2(45)] Tax, shall be deemed to include tolls, rate, market dues, fees etc., but not the vice-versa, Ibadatali v. Municipal Council Khargone, AIR 1994 MP 58.
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