company owned by the Government or the Reserve Bank of India or in which not less than forty per cent of the shares are held ... whether singly or taken together) by the Government or the Reserve Bank of India or a corporation owned by that bank
bank as defined in clause (e) of section 2 of the Reserve Bank of India Act, 1934 or any corresponding new bank constituted under section
banking company" means a banking company as defined in section 5 of the [Banking Companies Act, 1949 ( 10 of 1949 )] [ Substituted ... Section 53 and Sch. II.] the Reserve Bank of India, the State Bank of India, [a corresponding new bank constituted under section
person who has been permitted by the Reserve Bank of India to maintain the aforesaid Account ; (4B) in the case of an individual, being ... foreign exchange which is for the time being treated by the Reserve Bank of India as convertible foreign exchange for the purposes of the Foreign
purposes of this clause, the expression "competent authority" means the Reserve Bank of India or such other authority as is authorised under ... assessee with any bank outside India with the approval of the Reserve Bank of India. Explanation 2. - For the removal of doubts, it is hereby
subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), a corresponding new bank constituted under section ... other bank being a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 ( 2 of 1934 ) [* * *] [ Substituted
foreign exchange which is for the time being treated by the Reserve Bank of India as convertible foreign exchange for the purposes of the Foreign
bank or a co-operative land development bank). Explanation.—In this clause, "scheduled bank" means the State Bank of India constituted under the State Bank ... subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959*), a corresponding new bank constituted under section
banking financial company" means a non-banking financial company which is accepting or holding public deposits and is registered with the Reserve Bank of India ... Reserve Bank of India Act, 1934; (g) "systemically important non-deposit taking non-banking financial company" means a non-banking financial company which
which was determined or approved by the Central Government or the Reserve Bank of India, and the compensation or the consideration for such transfer ... approved in the first instance by the Central Government or the Reserve Bank of India shall be chargeable as income under the head "Capital gains
