Wealth - Law Dictionary Search Results

Net wealth

Net wealth, 'net wealth' means the amount by which the aggregate value

Net wealth tax, readings on Taxation in Developing, Countries by Fird and

Disputed wealth, 'disputed wealth', in relation to an assessment year, means the

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Wealth, all useful or agreeable things which posses exchange-value, or, in

debt owed within the meaning of s. 2(m) of the Wealth-tax Act can be defined as a liability to pay in

of 1961) s. 2 (7)] Means a person by whom wealth-tax or any other sum of money is payable under this

needs; means of raising money or supplies; capabilities of raising wealth or to supply necessary wants. The mere fact that the

Maximum marginal rate, means the rate of wealth-tax applicable in relation to the highest slab of wealth in

of that s., defines 'wealth-tax' to include, inter alia, besides wealth-tax chargeable under the Wealth-Tax Act, 1957, 'any tax of a

itself was interpreted by Courts to mean 'served', Commissioner of Wealth Tax v. Kundan Lal Behari Lal, AIR 1976 SC 1150:

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