Tax Free - Law Dictionary Search Results
Home Dictionary Name: tax freeTax-free goods
Tax-free goods, means goods against which the rate of sales-tax is shown to be nil in the Schedule and 'taxable goods' means goods other than tax-free goods. [Maharashtra Value Added Tax Act, 2002, s. 2(30)]...
tax-free
tax-free : tax-exempt ...
Tax free dividend
Tax free dividend, cannot mean that the dividend would not be liable to tax in the hands of the share-holder, AIR 1964 Mad 83 (87)....
Free-bench
Free-bench [sedes libera, Lat.], a widow's dower out of copyholds to which she was entitled by the custom of some manors. It is regarded as an excrescence growing out of the husband's interest, and is indeed a continuance of his estate.The term free-bench is equally applicable to the estate which, by the custom of some manors, a husband takes in his wife's copyhold lands after her death, and anciently it was indiscriminately applied to that and to the widow's dower, but now the estate of the husband is called his curtesy, while the term free-bench is confined to the widow.Since free-bench is only claimable by special custom, the estate which a widow is to take, both as to its quantity, quality, and duration, must be such as the custom prescribes. It is generally a third for her life, as at Common Law, but it is sometimes a fourth part only, and sometimes but a portion of the rent. In many manors the wife takes the whole for her life, in others she takes the inheritance.Frequently the c...
Free-board, or freebord
Free-board, or freebord. The precise nature of free-board is not very clear, but it may be described as denoting certain rights enjoyed by the owner of an ancient park over a strip of ground, varying in width indifferent cases, running along the outside of the boundary fence. The right seems to be ofthe nature of a negative easement, its essence apparently consisting in the right of the owner of the park to have the strip kept free, open and unbuilt upon. Cowel (Law Dict.) has the following: 'Free-board, Francbordus, in some places they claim as a Free-bord, more or less ground beyond or without the fence. In Mon. Angl. 2 par. Fol. 241, it is said to contain two foot and a half.' He then quotes the passage from Dugdale, but inaccurately, the correct reading being as follows: Et totum boscum quod vocatur Brendewode, cum frankbordo duorum pedum et dimidium, per circuitum illius bosci, etc.; see Dugd. Mon., Edn. Caley Ellis & Bandinel, vol. vi. P. 375. Du Cange simply says, 'Francbordus A...
Free days
Free days, under the heading 'Free Days' it is provided that all goods will be allowed storage in locks free of rent for 5 days. It is further provided that in computing the number of free days Sundays and holidays referred to in by-law 118 as well as any other days on which Customs Duty may not be assessed or received, will be omitted in the case of all goods liable to duty under s. 20 of the Sea Customs Act, Board of Trustees of the Port of Bombay v. Indian Goods Supplying Co., AIR 1977 SC 1622 (1626). [Bombay Port Trust Act, (6 of 1869), ss. 43, 43A and 43B]...
Free Trade Zone
Free Trade Zone, means a the Bandla Free Trade Zone and the Santa Cruz Electronic Export Processing Zone and includes any other Free Trade Zone which the Central Government may by, notification in the Official gazette, specify for the purpose of this section. [Income-tax Act, 1961, s. 10A(iv)]A duty free area within a country to promote commerce, esp. transshipment and processing, without entering into the country's market, Black's Law Dictionary, 7th Edn., p. 676....
Free consent
Free consent, defined, Consent is said to be free when it is not caused by--(1) coercion, as defined in s. 15, or(2) undue influence, as defined in s. 16, or(3) fraud, as defined in s. 17, or(4) misrepresentation, as defined in s. 18, or(5) mistake, subject to the provisions of ss. 20, 21 and 22.Consent is said to be caused when it would not have been given but for the existence of such coercion, undue influence, fraud, misrepresentation or mistake. [Contract Act, (9 of 1872), s. 14]...
drug-free zone
drug-free zone : a statutorily designated area or place (as a public park or beach or a school bus) within which the distribution of or possession with intent to distribute a controlled substance is an aggravated felony ;esp : such an area including and extending outward usually 1000 feet from the real property of a public or private school [it is irrelevant whether a person is aware that he or she is carrying on the prohibited drug activity in a drug-free zone "State v. Silva-Baltazar, 886 P.2d 138 (1994)"] ...
free association
The act or process of free associating It is a technique used in psychoanalysis and is supposed to allow the analyst access to the unconscious thoughts of the analysand See free associate...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial