Legislative Dictionary - G

Judicial Dictionary


Legislative Dictionary


Gross Income

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CategoryG
TitleGross Income
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"gross-income" includes all receipts of every kind in produce or cash, except money borrowed, recoveries of principal and the proceeds’ of sale of immoveable property or of moveable property properly classed as capital.

[See, section 2 (2), the Government Management of Private Estates Act, 1892 (Act No. X of 1892)]. [Now stands repealed by Act VIII of 1973].
Created OnAugust 27, 2011, 4:46 AM
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