Zero Bracket Amount - Law Dictionary Search Results
Home Dictionary Name: zero bracket amountzero bracket amount
zero bracket amount : a deduction from gross income that was permitted for federal taxpayers and reflected in tax tables until its replacement by the standard deduction in 1986 ...
ZBA
ZBA zero bracket amount ...
Zero
Zero, is a lowest point or lowest in order, Webster's Third New International Dictionary.It is a mathematical value, intermediate between negative and positive values, Random House Dictionary of English Language.Zero, represents the lowest point of degree of the lowest number of votes which can be possibly be obtained by a candidate, Shrimikar v. Keshri Chand, AIR 1984 Raj 14 (18). [Rajasthan Municipalities (Election of Chairman,Vice-Chairman, President and Vice-President) Rules (1959), R. 10(8)(a)(ii)]Zero, undoubtedly has a mathematical value inter-mediate between positive and negative values. Every member of the board has one vote and if a duly nominated candidate does not receive the vote of even one of the members, then he would be considered to have obtained zero vote, because votes have to be counted in terms of number, Shriniwas v. Keshri Chand, AIR 1984 Raj 14....
Bracket
To place within brackets to connect by brackets to furnish with brackets...
Bracketing
A series or group of brackets brackets collectively...
zero-coupon bond
zero-coupon bond see bond ...
Zero coupon bond
Zero coupon bond. means a bond:(a) issued by any infrastructure capital company or infrastructure capital fund or public sector company on or after the 1st day of June, 2005;(b) in respect of which no payment and benefit is received or receivable before maturity or redemption from infrastructure capital company or infrastructure capital fund or public sector com-pany; and(c) which the Central Government may, by notification in the Official Gazette, specify in this behalf. [Income Tax Act, 1961 (43 of 1961), s. 2(48)]....
Zero hour
Zero hour, is usually a noisy interregnum between the question hour and the beginning of the rest of the day's business in a legislature; member raise often without notice, various matters during this period, Dictionary of Constitutional and Parliamentary Terms, Lok Sabha Secretariat, 2005, p. 491....
Due amounts due
Due amounts due, an amount 'due' normally refers to an amount which the creditor has a right to recover. Wharton in Law Lexicon defines 'due' as anything owing; that which one contracts to pay another. 'Amounts due' under, s. 71 are those amounts which the creditor could have recovered had he filed a suit, State of Kerala v. V.R. Kalliyanikibty, (1999) 3 SCC 657 (661). [Kerala Revenue Recovery Act, 1968, ss. 71, 702, 69(2)...
Prize amount
Prize amount, means the difference between the chit amount and the discount, and in the case of a fraction of a ticket means the difference between the chit amount and the discount proportionate to the fraction of the ticket, and when the prize amount is payable otherwise than in cash, the value of the prize amount shall be the value at the time when it becomes payable. [Chit Funds Act, 1982 (40 of 1982), s. 2(m)]...
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