tax-saving

Article 366 in The Constitution Of India 1949

366. Definition In this Constitution, unless the connection generally requires, the accompanying expressions have l, the implications therefore separately doled out to them, that is to say

(1) farming pay implies agrarian salary as characterized for the reasons of the authorizations identifying with Indian wage charge;

(2) an Anglo Indian implies a man whose father or any of whose other male ancestors in the male line is or was of European drop yet who is domiciled inside of the region of India and is or was conceived inside such domain of folks routinely occupant in that and not built up there for transitory purposes just;

(3) article implies an article of this Constitution;

(4) get incorporates the raising of cash by the gift of annuities, and advance should be translated in like manner;

(5) proviso implies a condition of the article in which the expression happens;

(6) company assessment implies any expense on salary, so far as that duty is payable by organizations and is a duty on account of which the accompanying conditions are satisfied:

(a) that it is not chargeable in appreciation of agrarian salary;

(b) that no reasoning in appreciation of the assessment paid by organizations is, by any authorizations which may apply to the expense, approved to be produced using profits payable by the organizations to people;

(c) that no procurement exists for considering the duty so paid in registering for the reasons of Indian pay assess the aggregate pay of people accepting such profits, or in processing the Indian salary charge payable by, or refundable to, such people;

(7) comparing Province, relating Indian State or relating State implies in instances of uncertainty such Province, Indian State or State as may be controlled by the President to be the relating Province, the comparing Indian State or the comparing State, as the case may be, for the specific reason being referred to;

(8) obligation incorporates any risk in admiration of any commitment to reimburse capital entireties by method for annuity and any obligation under any assurance, and obligation charges should be translated in like manner;

(9) domain obligation implies an obligation to be surveyed on or by reference to the foremost esteem, learned as per such guidelines as may be endorsed by or under laws made by Parliament or the Legislature of a State identifying with the obligation, of all property going upon death or regarded, under the procurements of the said laws, so to pass;

(10) existing law implies any law, Ordinance, request, bye law, tenet or regulation passed or made before the beginning of this Constitution by any Legislature, power or individual having energy to make such a law, Ordinance, request, bye law, guideline or regulation;

(11) Federal Court implies the Federal Court constituted under the Government of India Act, 1935 ;

(12) products incorporates all materials, wares, and articles;

(13) insurance incorporates any commitment attempted before the beginning of this Constitution to make instalments in the occasion of the benefits of an endeavour missing the mark concerning a predetermined sum;

(14) High Court implies any court which is esteemed for the reasons of this Constitution to be a High Court for any State and incorporates

(an) any Court in the domain of India constituted or reconstituted under this Constitution as a High Court, and

(b) whatever other Court in the region of India which may be announced by Parliament by law to be a High Court for all or any of the reasons of this Constitution;

(15) Indian State implies any domain which the Government of the Dominion of India perceived in that capacity a State;

(16) Part implies a piece of this Constitution;

(17) benefits implies an annuity, whether contributory or not, of any sort at all payable to or in appreciation of any individual, and incorporates resigned pay so payable, a tip so payable and any total or aggregates so payable by method for the arrival, with or without interest subsequently or whatever other expansion thereto, of memberships to a provident asset;

(18) Proclamation of Emergency means a Proclamation issued under provision ( 1 ) of Article 352;

(19) open warning means a notice in the Gazette of India, or, as the case may be, the Official Gazette of a State;

(20) railroad does exclude

(an) a tramway completely inside of a metropolitan territory, or

(b) whatever other line of correspondence entirely arrange in one State and proclaimed by Parliament by law not to be a railroad;

 

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