Interpretation

189. For the purposes of this Chapter, unless the context otherwise requires,— ( a) “banking company” means a company to which the provisions of the Banking Regulation Act, 1949 (10 of 1949) applies and includes any bank or banking institution referred to in section 51 of that Act; ( b) “primary agricultural credit society”, and “primary co-operative agricul- tural and rural development bank” shall have the meanings respectively assigned to them in section 150; ( c) “specified sum” means any sum of money receivable, whether as advance or otherwise, in relation to transfer of an immovable property, whether or not the transfer takes place; ( d) “specified advance” means any sum of money in the nature of advance, by whatever name called, in relation to transfer of an immovable property, whether or not the transfer takes place. CHAPTER XIII DETERMINATION OF TAX IN SPECIAL CASES A.—Determination of tax in certain special cases Determination of tax where total income includes income on which no tax is payable.