Amendment status not verified — confirm the current text below against the official source.
For Statement of objects and reasons, see U. P. Gazette extraordinary dated November 11, 1976. 9 [The Uttar Pradesh Cattle Purchase Tax Act, 1976] [Section 3-6] (vii) "price" means the amount paid or payable by the purchaser as consideration for the purchase of cattle whether in cash or kind and when in kind its cash equivalent and in case of a transaction of pledge, also includes the amount secured by the pledge ; (viii) "purchaser" means a person purchasing cattle in a market, whether on his own behalf or on behalf of another, and includes a pawnet of a cattle pledged in a market: (ix) "sale" means a transfer of ownership in exchange for a price, and includes a transaction of pledge, and the term purchase" shall be construed correspondingly ; (x) "seller" means a person selling cattle in the market whether on his own behalf or on behalf of another. CHAPTER II Imposition of the Tax Levy of tax on purchase of cattle