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Income Tax Act, 1961 Section 43
Title: Definitions of Certain Terms Relevant to Income from Profits and Gains of Business or Profession
State: Central
Year: 1961
of workers employed in that business or, as the case may be, all businesses of that class: (5) speculative transaction means a transaction in which a contract for the purchase or sale of any commodity, including stocks and … 1956 (42 of 1956) carried out in a recognised stock exchange:] shall not be deemed to be a speculative transaction. 8[Explanation: For the purposes of this clause, the expressions (i) eligible transaction means any transaction, (A) carried out
View Complete Act List Judgments citing this sectionIncome Tax Act, 1961 Section 28
Title: Profits and Gains of Business or Profession
State: Central
Year: 1961
[Omitted by the Direct Tax Laws (Amendment) Act, 1987, with effect from 1st April, 1989.] Explanation 2: Where speculative transactions carried on by an assessee are of such a nature as to constitute a business, the business … by the Direct Tax Laws (Amendment) Act, 1987, with effect from 1st April, 1989.] Explanation 2: Where speculative transactions carried on by an assessee are of such a nature as to constitute a business, the business (hereinafter
View Complete Act List Judgments citing this sectionThe Meghalaya Foodgrains [Licensing & Control] Order, 1985 Part 07
Title: PART
State: Meghalaya
Year: 1985
shall not:- :: (i) Enter into any transaction involving purchase, sale or storage for sale of Foodgrains in speculative manner prejudicial to the maintenance and easy availability of Foodgrains in the Market; (ii) Withhold from sale supplies
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Benami Transactions (Prohibition) Act, 1988 Section 1
Title: BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988
State: Central
Year: 1988
BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 45 of 1988 An Act to prohibit benami transactions and
View Complete Act List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Preamble 1
Title: Benami Transactions (Prohibition) Act, 1988
State: Central
Year: 1988
BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 45 of 1988 An Act to prohibit benami transactions and
View Complete Act List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Preamble 1
Title: Benami Transactions (Prohibition) Act, 1988
State: Central
Year: 1988
THE BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988 (Act, No. 45 of 1988) [5th September, 1988] PREAMBLE An Act to prohibit benami transactions
View Complete Act List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Complete Act
Title: Benami Transactions (Prohibition) Act, 1988
State: Central
Year: 1988
Preamble1 - Benami Transactions (Prohibition) Act, 1988 Section1 - Short Title, Extent and Commencement Section2 - Definitions Section3 - Prohibition of Benami
List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Complete Act
State: Central
Year: 1988
Preamble1 - Benami Transactions (Prohibition) Act, 1988 Section1 - BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988
List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Section 3
Title: Prohibition of Benami Transactions
State: Central
Year: 1988
(1) No person shall enter into any benami transaction. [(2) Nothing in sub-section (1) shall apply to -- (a) the purchase of property by any person in
View Complete Act List Judgments citing this sectionBenami Transactions (Prohibition) Act, 1988 Section 2
Title: Definitions
State: Central
Year: 1988
In this Act, unless the context otherwise requires, (a) "Benami transaction" means any transaction in which property is transferred to one person for a consideration paid or provided by
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