Tax Refund - Law Dictionary Search Results
Turnover of sales
rejected by the purchaser within three months from date of delivery of such goods. [West Bengal Value Added Tax Act, 2003, s. 2(55)] Means the aggregate of the amounts of sale price received and receivable by a … dealer in respect of sales of goods made during such period after deducting therefrom the amounts, if any, refunded by the dealer in respect of any such goods returned or rejected by the purchaser within three months
Contribution
of the debt to a transfer of the securities held by the creditor. Legatees are sometimes compelled to refund and contribute for the payment of debts. In like manner, contribution lies between partners for any excess, which … of 1948), s. 2(4)] The word 'contribution' used in the proviso must also be given its due meaning. It cannot be understood as donations. If that be so, a voluntary contribution cannot amount to a compulsive donation.
reserve
an insurance company but not yet applied to policy coverage and from which a policyholder is paid a refund in the event of cancellation prior to the period for which premiums have been paid 4 : reserve … the purpose of absorbing losses [a loan loss reserve] 2 : an insurance company's reserve representing the discounted value of future payments to be made on losses which may have already occurred policy reserve : an insurance
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Usual Covenants
perhaps be laid down that at the present day covenants by the lessee to pay rent, to pay taxes, and to repair, and a qualified covenant by the lessor for quiet enjoyment (see that title), are usual, … defendant, the plaintiff giving security for repayment and an undertaking by his solicitor to abide any order for refunding if the appeal is successful'costs of the application to be paid by the applicant. See A.P. notes to
Surcharge
the Public Health Act, 1875, s. 247 (7)]; a second or further mortgage. See AUDIT. 1. An additional tax, charge, or cost usu. one that is excessive 2. An additional load or burden, Black's Law Dictionary, 7th … right; exceeding one's powers or privileges; a declaration by an auditor that a person is personally liable to refund a particular part of public money illegally expended by him [see, e.g. the Public Health Act, 1875, s.
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