TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Commissioner of Income-tax or Deputy Commissioner of Income-tax or Joint Commissioner of Income- tax or Additional Commissioner of Income-tax who is authorised by the Board to exercise or perform all or any of the powers and functions conferred on, or assigned to, an Assessing Officer under this Chapter; (3) banking cash transaction tax means tax leviable on the taxable banking transactions s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as defined in the State Bank of India (Subsidiary Banks) Act, 1959(38 of 1959), a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970(5 of 1970), or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980(40 of 1980), or any other bank being a bank included in the Second Schedule to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... term deposit or deposits are in the name of any individual or Hindu undivided family: (ii) one lakh rupees, in case such term deposit or deposits are by any person other than any individual or Hindu undivided family ; or (c) a transaction, being receipt of cash from any scheduled bank exceeding ten thousand rupees on any single day by a person on encashment of term deposit, whether on matur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment or the Government of a State 4. Substituted vide FINANCE ACT, 2007 , w.e.f. 1st day of June, 2007, before it was read as, twenty-five thousand rupees 5. Substituted vide FINANCE ACT, 2007 , w.e.f. 1st day of June, 2007, before it was read as, twenty-five thousand rupees - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax M ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
