In Section 7(v)(c) of the Court Fees Act, 1870, the relevant period for determining net profits is:
Section 7(v)(c) takes fifteen times the net profits "arising from the land during the year next before the date of presenting the plaint". It looks at one year before the…
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In Section 7(v)(c) of the Court Fees Act, 1870, the relevant period for determining net profits is:
Answer and explanation
Correct answer B
Section 7(v)(c) takes fifteen times the net profits "arising from the land during the year next before the date of presenting the plaint". It looks at one year before the plaint, not three years or the year of the decree.