Para 2 - Definitions - Capital Gains Accounts Scheme, 1988

Definitions. 2. In this Scheme, unless the context otherwise requires, (a) "account" means a deposit account under this Scheme; (b) "account-A" means deposit account-A mentioned in paragraph 4 of this Scheme; (c) "account-B" means deposit account-B mentioned in paragraph 4 of this Scheme; (d) "Act" means the Income-tax Act, 1961 (43 of 1961); (e) "Deposit Office" means any branch or branch office of the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955) or of a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), or of a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), authorised by the Central Government, by notification in the Official Gazette, to receive deposit and maintain account of the depositor, under this Scheme; (f) "depositor" means an assessee who is eligible to make a deposit under section 54, 54B, 54D, 54F 1 [ 54G or an eligible company as referred to in section 54GB ] of this Act; (g) all other words and expressions used herein but not defined and defined in the Act shall have the meanings respectively assigned to them in the Act; (h) "Form" means a form appended to this Scheme. ------------------ Notes:- 1. Substituted vide Notification No. 44/2012, dated 25/10/2012 , before it was read as:- or 54G