Transactions - Law Dictionary Search Results
Transaction
to mean as synonymous to the word 'contract'. In fact, in one contract there may be many business transactions, Baldev Kumar v. Managing Director, AIR 1997 MP 147. Transaction, should be an act which is bilateral or
Transactions
Matched in: Term Transactions
transaction
transaction 1 : something transacted ;esp : an exchange or transfer of goods, services, or funds 2 a :
Keep your definitions linked to case research
transact
transact 1 : to carry on business 2 in the civil law of Louisiana : to settle a dispute
Same transaction
Same transaction, between a series of acts seems to be an essential ingredient for those acts to constitute the same
Speculative transaction
Speculative transaction, a transaction is not 'speculative' within the meaning of sub-s. (5) of s. 43, Income Tax Act, 1961
Current account transaction
Current account transaction, means a transaction other than a capital account transaction and without prejudice to the generality of the foregoing
Void transaction which is not to be recognised
Void transaction which is not to be recognised, means there is a clear distinction between a trans-action being void, that
Capital account transaction
of persons resident in India or assets or liabilities in India of persons resident outside India, and includes transactions referred to in sub-s. (3) of s. 6. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2(e)]
Benami transaction
in which property is transferred to one person for a consideration paid or provided by another person. [Benami Transactions (Prohibition) Act, 1988 (45 of 1988), S. 2 (a)]
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