(i) "air-rights" shall mean rights to construct upper floors for sale and use, independent of the existing building;
2(ia) 'association' means any association of person, exchange broker, or any other organisation or body of persons, whether incorporated or not, and regulating or controlling or conducting business of the sale or purchase of, or other transaction relating to, any goods or marketable securities.
3(ii)"Banker" means an association, a company or a person who accepts, for the purpose of lending or investment, deposits of money from the public, repayable on demand or otherwise, and
Source footnotes
1. This Act come into force w.e.f. 27.5.2004 vide Notification No. F. 2(3) FD/Tax Div/98-II dated 27.5.20042. Inserted by the Raj. Finance Act 2006 (Act No. 4 of 2006) (w.e.f. 8.3.2006).
3. Substituted by the Raj. Finance Act 2013 (Act No. 12 of 2013) (w.e.f. 10.4.2013)
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Section 1 · Short title, extent and commencementSection 3 · Instrument chargeable with dutySection 4 · Payment of stamp duty in cashSection 5 · Several instruments used in single transaction of sale, mortgage, agreement or any other document (memorandum etc.) relating to the deposit of title deeds or settlementSection 6 · Instrument relating to several distinct mattersSection 7 · Instruments coming within several descriptions in the ScheduleSection 8 · Payment of duty on copies, counterparts or duplicates when that duty has not been paid on the principal or original documentSection 9 · Power to reduce, remit or compound dutiesIndia Code, Government of India. Text fetched 24 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.