What is section 92?
Asked by: Emil Kulas Jr. | Last update: April 21, 2026Score: 4.4/5 (66 votes)
"Section 92" refers to different laws depending on the jurisdiction, but commonly relates to utility service rights (Mass. Gen. Laws Ch. 164, Sec 92), prohibitions against fraudulent financial statements (Mass. Gen. Laws Ch. 266, Sec 92), or failure to obey orders in military law (UCMJ Art. 92). Other examples include rules for constables in Massachusetts, building code exceptions, corporate stock valuation, interpreter/translator requirements in federal health programs, and provincial powers in Canada.
What is section 92 of the constitution?
92. Trade within the Commonwealth to be free. On the imposition of uniform duties of customs, trade, commerce, and intercourse among the States, whether by means of internal carriage or ocean navigation, shall be absolutely free.
What is Section 92 of the evidence?
-- Any fact may be proved which would invalidate any document, or which would entitle any person to any decree or order relating thereto; such as fraud, intimidation, illegality, want of due execution, want of capacity in any contracting party, 1[want or failure] of consideration, or mistake in fact or law.
What is Section 92 of the income tax?
"92. Computation of income from international transaction having regard to arm's length price. —(1) Any income arising from an international transaction shall be computed having regard to the arm's length price.
What is Section 92 of the IPC?
Nothing is an offence by reason of any harm which it may cause to a person for whose benefit it is done in good faith, even without that person's consent, if the circumstances are such that it is impossible for that person to signify consent, or if that person is incapable of giving consent, and has no guardian or ...
📑🔥Subrogation | Section-92 | The Transfer Of Property,1882 | Law | @LearnwithNISHMAN
What is Article 92 in simple terms?
Article 92 of the Indian Constitution is a safeguard of fairness, impartiality, and constitutional propriety within the Rajya Sabha. It prohibits the Chairman or Deputy Chairman from presiding during their own removal debates, while preserving their right to speak and defend themselves without influencing the outcome.
What is Section 92 of the Criminal Procedure Code 1973?
If any document, parcel or thing in the custody of a postal or telegraph authority is, in the opinion of the District Magistrate, Chief Judicial Magistrate, Court of Session or High Court wanted for the purpose of any investigation, inquiry, trial or other proceeding under this Code, such Magistrate or Court may ...
Who is liable for audit under Section 92E?
To conclude, Section 92E of Income Tax Act, 1961, mandates that anyone involved in international or specified domestic transactions must obtain and submit an audit report from a chartered accountant.
What is the 92A definition?
Section 92A defines the term 'associated enterprise'. This definition has two parts : Enterprises which are regarded as associated enterprises [section 92A(1)] Enterprises which are deemed to be associated enterprises [section 92A(2)]
What is the purpose of 92C?
Section 92C provides the mechanism for computing the arm's length price (ALP) of transactions between associated enterprises. Simply put, the ALP is the price that would be charged between unrelated parties in the open market under similar conditions.
What is Section 92 of the Evidence Act 1950?
Section 92 Evidence Act, 1950 provides that when a contract is a form of a written document, no evidence of any oral agreement or statement shall be admitted for the purpose of contradicting, varying, adding to, or subtracting from the terms of the said written contract unless the oral agreement or statement falls ...
Is the 92 BNS bailable or non bailable?
Nature and Scope of Section 92 BNS
Cognizable: Police can arrest the accused without a warrant. Non-bailable: The accused cannot claim pre-trial bail as a matter of right. Non-compoundable : The case cannot be settled through mutual agreement. Trial Process: The offence is triable only in the Court of Sessions.
What is the best evidence must be given?
The Best Evidence Rule
This is because requiring best evidence ensures that litigants provide evidence that will best facilitate a court's task of accurately resolving disputed issues of fact. [2] Other evidence of the writing, recording, or photograph will be admissible ONLY if the original document is not available.
What is Section 92 of the company law?
Sub-section (2) of section 92 provides for certification of annual return. The annual return of a listed company or a company having paid-up share capital of 10 crore rupees or more or turnover of 50 crore rupees or more, shall be certified by a company secretary in practice. The certificate shall be in Form No. MGT.
What is Section 92 of the Transfer of Property Act?
[92. Subrogation.
A person who has advanced to a mortgagor money with which the mortgage has been redeemed shall be subrogated to the rights of the mortgagee whose mortgage has been redeemed, if the mortgagor has by a registered instrument agreed that such persons shall be so subrogated.
What is section 92 of the Charter of rights and Freedoms?
92 In each Province the Legislature may exclusively make Laws in relation to Matters coming within the Classes of Subjects next hereinafter enumerated; that is to say, 1. 2. Direct Taxation within the Province in order to the raising of a Revenue for Provincial Purposes.
What is the 92A of the Constitution?
The 1982 resource amendment to the Constitution, section 92A, purports to alter the balance of federal- provincial legislative powers in relation to natural resources.
What is 92A in income tax?
Section 92A of the Income Tax Act, 1961 – Meaning of Associated Enterprises. Which participates either directly or indirectly or through one or more intermediaries in the control or management or capital of the other enterprise.
What is Section J of Income Tax Act?
Section 194J of the Income Tax Act mandates tax deductions at source (TDS) in respect of payments made for professional and technical services exceeding Rs. 30,000 in a financial year. Generally, the TDS rate is 10%, but it varies based on the type of service, with technical services requiring a 2% deduction.
Can the IRS audit after 3 years?
Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years. We usually don't go back more than the last six years. The IRS tries to audit tax returns as soon as possible after they are filed.
What is transfer pricing in Section 92 of Income Tax Act?
Transfer Pricing in India is dealt in Section 92 to 92F of Income Tax Act, 1961. As per Section 92 of the Act, any income arising from an international transaction or specified domestic transaction shall be computed having regard to the arm's length price.
Whose accounts are not required to be audited?
Tax audits for salaried persons are generally not subject to a tax audit. However, if one has income from any other source, like professional fees exceeding Rs 50 lakhs or business income exceeding Rs 1 crore, then in that case tax audit may be applicable.
What is Section 92 of the evidence Act?
- The existence of any separate oral agreement as to any matter on which a document is silent, and which is not inconsistent with its terms, may be proved. In considering whether or not this proviso applies, the Court shall have regard to the degree of formality of the document.
What is a suit under Section 92 of the CPC?
From the combined reading of Section 92 CPC and the other provisions the Court held that it is manifestly clear that a suit under Section 92 of CPC can be filed in case of any alleged breach of any express or constructive trust created for public purposes of a charitable or religious nature also.
What is 20 years to 40 years imprisonment?
A 20 to 40-year prison sentence is a significant term, often for serious felonies like murder, armed robbery, or repeat offenses, where "20 to life" or similar structures mean eligibility for parole after the minimum (e.g., 20 years) but not a guarantee of release, while a flat 40-year sentence requires serving most of that time, with varying release eligibility depending on state laws, "good time" credits, and parole board discretion. These sentences are part of the US criminal justice system, with advocates calling for reforms to cap extreme sentences, given neuroscience showing most crime drops off by mid-adulthood.