exchange." The expression foreign exchange' as
defined in s.2(d) means 'foreign currency and includes all
deposits, credits and balances payable
Union Carbide India Ltd. vs Commissioner Of Income-Tax on 28 April, 1980
Equivalent citations
Pandurang Ganpati Chaugule vs Vishwasrao Patil Murgud Sahakari Bank ... on 5 May, 2020
Equivalent citations
Indian currency in repayment of the whole or a part of the moneys borrowed by him from any person in any foreign currency specifically ... currency) for repayment of the whole or part of the monies borrowed by him from any person, directly or indirectly, in any foreign currency specifically
certain relief in respect of remuneration received by him in
foreign currency from any employer for any service rendered
by him outside India ... Government or the prescribed
authority. Various terms like foreign currency, foreign
employer, technician are defined in the section. The
question involved in the appeal before
there are two kinds of pension funds i.e. benefit defined fund and contribution defined fund. In fact this distinction is also recognized ... affecting amendment whereby the original scheme which was benefit defined has been converted into contribution defined. In Innovation in Pension Fund by Shri Arun
evidence of the remittance of foreign currency or other foreign exchange (as defined respectively in Clause (c) and Clause (d) of the said section
knowingly and wilfully makes, stocks or distributes counterfeit coins or currency or valuable security defined in section 30 of the Indian Penal Code (Central ... organized group which illegally buys, sells or deals with Indian currency or foreign currency, engages in such illegal activity; (m) 'hired ruffian' means any person
import of some of the Sections.
4. Section 105A(a) defines "contracting State" and refers to any
country or place outside India ... criminal activity (including crime involving currency
transfers) or the value of any such property"
Section 105A (d) defines the property as under
Defined Benefit Plan and 'Defined
Contribution Plan' Mr. Arun S. Murlidhar in 'Innovations in Pension Fund
Management' states :
"Defined Benefit ... change over time. The
scheme then provides a defined benefita
prescribed annuity in either absolute currency or
as a faction of a measure