India - Income Tax Act 2010 - Saarc

I.T. ACT, 1961 1.1022cultural purposes or for purposes connected with agriculturalactivities (including the marketing of crops) ; and(2) the bye-laws of which do not permit admission of any otherCo-operative Society as a member :Provided that this sub-clause shall not apply to the admissionof a Co-operative Bank as a member by reason of such CooperativeBank subscribing to the share capital of such CooperativeSociety out of funds provided by the State Governmentfor the purpose ;(ccv) “primary Co-operative Bank” means a Co-operative Society, otherthan a primary agricultural credit society,—(1) the primary object or principal business of which is thetransaction of banking business ;(2) the paid-up share capital and reserves of which are not lessthan one lakh of rupees ; and(3) the bye-laws of which do not permit admission of any otherCo-operative Society as a member :Provided that this sub-clause shall not apply to the admissionof a Co-operative Bank as a member by reason of such CooperativeBank subscribing to the share capital of such CooperativeSociety out of funds provided by the State Governmentfor the purpose ;(ccvi) “primary credit society” means a Co-operative Society, other than aprimary agricultural credit society,—(1) the primary object or principal business of which is thetransaction of banking business ;(2) the paid-up share capital and reserves of which are less thanone lakh of rupees ; and(3) the bye-laws of which do not permit admission of any otherCo-operative Society as a member :Provided that this sub-clause shall not apply to the admissionof a Co-operative Bank as a member by reason of such CooperativeBank subscribing to the share capital of such CooperativeSociety out of funds provided by the State Governmentfor the purpose.Explanation.—If any dispute arises as to the primary objector principal business of any Co-operative Society referred toin clauses (cciv), (ccv) and (ccvi), a determination thereof bythe Reserve Bank shall be final ;(ccvii) “Central Co-operative Bank”, “primary rural credit society” and“State Co-operative Bank”, shall have the meanings respectivelyassigned to them in the National Bank for Agricultural and RuralDevelopment Act, 1981 (61 of 1981);** ** **SECTION 3 OF CANTONMENTS ACT, 1924Definition of cantonments.3. (1) The Central Government may, by notification in the Official Gazette, declare anyplace or places in which any part of the Forces is quartered or which, being in thevicinity of any such place or places, is or are required for the service of such forces to bea cantonment for the purpose of this Act and of all other enactments for the time being