TaxTMI 
TaxTMI 
Interpretation.
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.... (3) "commission or brokerage" shall have the meaning assigned to it in section 402(7); ^1[(4) "commodities transactions tax" and "commodity derivative" shall have the same meanings as respectively assigned to them in Chapter VII of the Finance Act, 2013 (17 of 2013).] (5) "fees for technical services" shall have the meaning assigned to it in section 9(7)(b); (6) "housing finance company" means a public company formed or registered in India with the main object of carrying on the business of providing long-term finance for construction or purchase of houses in India for residential purposes; (7) "Indian Institute of Technology" shall have the same meaning as that of "Institute" defined in section 3(g) of....
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....gains of business or profession"; (16) "permanent establishment" shall have the meaning assigned to it in section 173(c); (17) "plant" includes ships, vehicles, books, scientific apparatus and surgical equipment used for the business or profession but does not include tea bushes or livestock or buildings or furniture and fittings; (18) "predecessor entity" means-- (a) the amalgamating Indian company in the case of amalgamation; (b) the demerged Indian company, in the case of demerger; (c) a firm, in the case of a succession of a firm by a company as referred to in section 70(1)(zd); (d) a private company or unlisted public company, in case of conversion as referred to in section....
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....dge in the fields of natural or applied science including agriculture, animal husbandry or fisheries; and (b) the references to expenditure incurred on scientific research shall include all expenditure incurred for the prosecution, or the provision of facilities for the prosecution, of scientific research, but does not include any expenditure incurred in the acquisition of rights in, or arising out of, scientific research, and the references to scientific research related to a business or class of business shall include any scientific research- (i) which may lead to or facilitate an extension of that business or, all businesses of that class; (ii) of a medical nature which has a special relation to the we....
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....wing transactions:- (a) a specified derivative transaction as defined in clause (33); (b) a contract in respect of raw materials or merchandise entered into by a person in the course of his manufacturing or merchandising business to guard against loss through future price fluctuations in respect of his contracts for actual delivery of goods manufactured, or merchandise sold by him; (c) a contract in respect of stocks and shares entered into by a dealer or investor therein to guard against loss in his holdings of stocks and shares through price fluctuations; (d) a contract entered into by a member of a forward market or a stock exchange in the course of any transaction in the nature of jobbing or arbitrage....
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....ct note issued by the intermediary to every client indicating in the contract note- (i) the unique client identity number alloted under any law in force; and (ii) the Permanent Account Number allotted under this Act; (34) "State Government undertaking" includes- (a) a corporation established by or under any State Act; (b) a company in which more than 50% of the paid-up equity share capital is held by the State Government; (c) a company in which more than 50% of the paid-up equity share capital is held by the entity referred to in clause (a) or (b) (whether singly or taken together); (d) a company or corporation in which the State Government has the right to appoint the majority ....