Banking Cash Transaction Tax

Section - 94 - Definitions

Definitions.

94. In this Chapter, unless the context otherwise requires,-

(1) - "Appellate Tribunal" means the Appellate Tribunal constituted under section 252 of the Income-tax Act, 1961 (43 of 1961);
(2) - "Assessing Officer" means the Income-tax Officer or Assistant 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 under the provisions of this Chapter;
1[(3A) - "banking company" means a company to which the Banking Regulation Act, 1949 (10 of 1949) applies and includes any bank ref .... To read the full section download the app from Google Play store