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Income Tax Act, 1961 Chapter X

Title: Special Provisions Relating to Avoidance of Tax

State: Central

Year: 1961

revocation or otherwise to obtain for himself, whether with or without the consent of any other person, the beneficial enjoyment of the income, or (v) such first-mentioned person is able, in any manner whatsoever and whether directly … 1[(1) Any income arising from an international transaction shall be computed having regard to the arms length price. Explanation : For the removal of doubts, it

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Income Tax Act, 1961 Chapter 10

Title: CHAPTER 10 SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX

State: Central

Year: 1961

revocation or otherwise to obtain for himself, whether with or without the consent of any other person, the beneficial enjoyment of the income, or (v) such first-mentioned person is able, in any manner whatsoever and whether directly … Section 92 Computation of income from international transaction having regard to arm's length price (1) Any income arising from an international transaction shall be computed having

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Income Tax Act, 1961 Section 94

Title: Avoidance of Tax by Certain Transactions in Securities

State: Central

Year: 1961

bought back or re-acquired. (2) Where any person has had at any time during any previous year any beneficial interest in any securities, and the result of any transaction relating to such securities or the income thereof

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Brief the judgments behind these acts

The Income-tax Act, 1961 Section 94

Title: Avoidance of tax by certain transactions in securities.—

State: Central

Year: 1961

bought back or reacquired. (2) Where any person has had at any time during any previous year any beneficial interest in any securities, and the result of any transaction relating to such securities or the income thereof

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Companies Act, 1956 Part 2

Title: Incorporation of Company and Matters Incidental Thereto

State: Central

Year: 1956

company. 2 [(3) Every person holding equity share capital of a company and whose name is entered as beneficial owner in the records of the depository shall be deemed to be a member of the concerned company.] … under the trust and is not so interested only by way of security for the purposes of a transaction entered into by it in the ordinary course of a business which includes the lending of money. (3)

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Wakf Act, 1995 Chapter VI

Title: Maintenance of Accounts of Wakfs

State: Central

Year: 1995

wakf, accord sanction to such transaction if it is of opinion that such transaction is (i) necessary or beneficial to the wakf; (ii) consistent with the objects of the wakf; (iii) the consideration thereof is reasonable and

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Depositories Act, 1996 Regulation 49

Title: REGULATION 49: RECORD OF SERVICES

State: Central

Year: 1996

records and documents, namely:- (a) records of all the transactions entered into with a depository and with a beneficial owner; (b) details of securities dematerialised, rematerialised on behalf of beneficial owners with whom it has entered into … (1) Every participant shall maintain the following records and documents, namely:- (a) records of all the transactions entered into with a depository and with a beneficial owner; (b) details of securities dematerialised, rematerialised on behalf

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The Prohibition of Benami Property Transactions Act, 1988 Section 53

Title: Penalty for benami transaction

State: Central

Year: 1988

Matched in: Title Penalty for benami transaction

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The Tamil Nadu Vanniyakula Kshatriya Public Charitable Trusts and Endowments (Protection and Maintenance) Act, 2018. Section 45

Title: Alienation of property of trust and endowment without sanction of Board to be void

State: Tamil Nadu

Year: 2018

endowment, accord sanction to such transaction, if it is of opinion that such transaction is,- (i) necessary or beneficial to the trust or endowment; (ii) consistent with the objects of the trust or endowment; (iii) the consideration

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Indian Trusts Act, 1882 Chapter IX

Title: Of Certain Obligations in the Nature of Trusts

State: Central

Year: 1882

in the following cases. Section 81 - Where it does not appears that transferor intended to dispose of beneficial interest [Rep. by the Benami Transactions (Prohibition) Act, 1988, sec.7 (w.e.f. 19.5.1988)].3 Section 82 - Transfer to one … - Where it does not appears that transferor intended to dispose of beneficial interest [Rep. by the Benami Transactions (Prohibition) Act, 1988, sec.7 (w.e.f. 19.5.1988)].3 Section 82 - Transfer to one for consideration paid by another [Rep.

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