Income Tax - 152. page

Services of depository  : Section –  5 . Any person, through a participant, may enter into an agreement, in such form as may be specified by the bye-laws, with any depository for […]

Agreement between depository and participant : Section – 4. (1) A depository shall enter into an agreement with one or more participants as its agent. (2) Every agreement under sub-section (1) […]

Certificate of commencement of business by depositories : Section – 3 . (1) No depository shall act as a depository unless it obtains a certificate of commencement of business from the Board. (2) […]

Definitions  of Depositories Act, 1996 :  Section –  2 . (1) In this Act, unless the context otherwise requires,— (a) “beneficial owner” means a person whose name is recorded as such with a […]

DEPOSITORIES ACT, 1996 : Short title, extent and commencement . 1 . (1) This Act may be called the Depositories Act, 1996. (2) It extends to the whole of India. (3) It shall […]

AMENDMENTS TO CERTAIN ENACTMENTS :   PART I RESERVE BANK OF INDIA ACT, 1934 (2 of 1934) Section 45E, sub-section (2), after clause (c), insert— “(d) the disclosures of any […]

Power of Reserve Bank to make regulations : Section – 37. (1) The Reserve Bank may make regulations consistent with the provisions of this Act and the rules made thereunder to […]

Power to make rules : Section – 36. (1) The Central Government may, after consultation with the Reserve Bank, by notification in the Official Gazette, make rules to carry out the […]

Removal of difficulties |: Section – 35. (1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official […]

Amendment of certain enactments : Section – 34. The enactments mentioned in the Schedule to this Act shall be amended in the manner specified therein.