Rule 2 — Definitions

Parent Act Section(s): Section 45

Full Text

Definitions.– (1) In these rules, unless the context otherwise requires,— (a) “Act” means the Income-tax Act, 2025 (30 of 2025); (b) “authorised bank” means any bank as may be appointed by the Reserve Bank of India as its agent under the provisions of sub-section (1) of section 45 of the Reserve Bank of India Act, 1934 (2 of 1934); (c) ―Form‖ means a Form in Appendix III appended to these rules; (d) “section” means a section of the Act. (2) Words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.

[To be populated — interpretive notes, circular references, case law pointers]