Total Income - Law Dictionary Search Results
Gross total income
Matched in: Term Gross total income
Total income
Matched in: Term Total income
Rate applicable to the total income of the company
Matched in: Term Rate applicable to the total income of the company
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Total full time earning
Matched in: Term Total full time earning
loss
monetary detriment that is suffered or will be suffered as a result of an act or event actual total loss : a loss in marine insurance in which the property (as a vessel or cargo) cannot be … under the terms of the policy NOTE: As a general rule, economic losses are deductible from adjusted gross income under section 165 of the Internal Revenue Code. There are, however, numerous exceptions and limitations. actual loss :
Constructive total loss
Matched in: Term Constructive total loss
Desertion
abandonment of one spouse by the other without that other's consent and without reasonable cause. It is a total repudiation of the obligations of marriage. In view of the large variety of circumstances and of modes of … In Scotland, malicious desertion by one spouse of the other for four years is a ground of divorce. It must be shown that there was wilful non-adherence; that it has been persisted a for four years; that
Property
it signifies every possible interest which a person can acquire, hold and enjoy, J.K. Trust v. Commissioner of Income Tax, AIR 1957 SC 846 (849): (1958) SCR 65. [Income Tax Act, 1922, s. 4(3)(i)] (vi) As a … though it may be a source of economic gain or be a means of production is not the totality of the property, although it is the basic item that goes to make the same. Property thus in
Such income by way of dividends
Matched in: Term Such income by way of dividends
disposable income
Matched in: Term disposable income
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