Title : Amendment of Act 27 of 1957
State : Central
Year : 1965
In the Wealth-tax Act, 1957, - (i) in sub-section (1) of section 5, after clause (xix), the following clause shall be inserted, namely :- "(xx) the value of any equity shares held by the assessee in any company of the type referred to in clause (d) of section 45, where such shares form part of the initial issue of equity share capital made by the company after the 31st day of March, 1964, for a period of five successive assessment years commencing with the assessment year next following the date on which such company commences the operations for which it has been established;"; (ii) for Part I of the Schedule, the following Part shall be substituted, namely :- Part I Paragraph A (a) In the case of every individual :- Rates of Tax (i) on the first rupees one lakh..... View Complete Act List Judgments citing this sectionTitle : Amendment of Act 63 of 1960
State : Central
Year : 1965
In the Preference Shares (Regulation of Dividends) Act, 1960, - (i) in section 2, - (a) in clause (b), for the words, brackets, figures and letters "clause (7A) of section 2 of the Indian Income-tax Act, 1922 (11 of 1922), and includes a company referred to in sub-clause (ii) of clause (5A)", the following shall be substituted, namely :- "clause (26) of section 2 of the Income-tax Act, 1961 (43 of 1961), and includes a company referred to in sub-clause (ii) of clause (17)"; (b) in clause (c), the words, figures and letters "having been issued and subscribed for before the 1st day of April, 1960" shall be omitted; (c) in clause (d), for the words and figures "Indian Income-tax Act, 1922 (11 of 1922)", the words and figures "Income-tax Act, 1961 (43 of 1961)" shall be..... View Complete Act List Judgments citing this sectionTitle : Amendment of Act 52 of 1963
State : Central
Year : 1965
In section 32 of the Unit Trust of India Act, 1963, - (i) in sub-section (1), for clause (b), the following clause shall be substituted, namely :- (b) where in the case of a unit holder, being an individual, the total income for any previous year as computed under the Income-tax Act, 1961 (43 of 1961), before including therein the amount of qualifying dividend - (i) does not exceed a sum of twenty thousand rupees, the qualifying dividend shall not be included in computing the total income of the unit holder for that year; (ii) exceeds a sum of twenty thousand rupees, the qualifying dividend shall be included in computing the total income of the unit holder for that year, but he shall be entitled to a deduction from the amount of income-tax payable by him of a sum calculated at..... View Complete Act List Judgments citing this sectionTitle : Amendment of Act 7 of 1964
State : Central
Year : 1965
In the Companies (Profits) Surtax Act, 1964, - (i) in section 18, the words "and super-tax" shall be omitted; (ii) in the First Schedule, - (a) in clause (xii) of rule 1, the words "and super-tax" shall be omitted; (b) in clause (i) of rule 2, the words "and super-tax", wherever they occur, shall be omitted, and for the word "super-tax" occurring in sub-clause (b), the word "income-tax" shall be substituted; (iii) in the Third Schedule, - (a) in Paragraph 1, - (i) in the first proviso, for the words "of manufacture or production of any one or more of the articles", the words "of construction, manufacture or production of any one or more of the articles or things" shall be substituted; (ii) in the second proviso, for the words "of manufacture or production of any..... View Complete Act List Judgments citing this sectionTitle : Second Schedule
State : Central
Year : 1965
The Second Schedule (See section 3) Rates of Annuity Deposits (i) In the case of any depositor whose total income does not exceed Rs. 15,000 Nil; (ii) In the case of any depositor whose total income exceeds Rs. 15,000 but does not exceed Rs. 20,000 5 per cent. of the adjusted total income : Provided that the annuity deposit to be made shall in no case exceed half the amount by which the total income exceeds Rs. 15,000. (iii) In the case of a depositor whose total income exceeds Rs. 20,000 but does not exceed Rs. 40,000 - 7 1/2 per cent. of the adjusted total income : Provided that the annuity deposit to be made shall in no case exceed the aggregate of the following sums, namely :- (a) an amount calculated at five per cent. on so much of the adjusted total income as..... View Complete Act List Judgments citing this sectionTitle : Goa, Daman and Diu Suits Valuation Act, 1965
State : Central
Year : 1965
GOA, DAMAN AND DIU SUITS VALUATION ACT, 1965 [Act, No. 13 of 1965] PREAMBLE An Act to prescribe the made of valuing certain suits for the purpose of determining the jurisdiction of Courts with respect thereto. BE it enacted by the Legislative Assembly of Goa, Daman and Diu in the Sixteenth year of the Republic of India as follows: View Complete Act List Judgments citing this sectionTitle : Short Title, Extent and Commencement
State : Central
Year : 1965
(1) This Act maybe called The Goa, Daman And Diu Suits Valuation Act, 1965. (2) It extends tothe whole of the Union Territory of Goa, Daman and Diu. (3)It shall come into force on such date 1 as the State Government may,by notification in the Official Gazette, appoint and different dates may benotified, for different provisions of the Act and for different areas. _________________________ 1. The appointed date is 15.06.1986. View Complete Act List Judgments citing this sectionTitle : Definitions
State : Central
Year : 1965
In this Act, unless the context otherwise requires, - (a) "Court Fees Act" means the Court-fees Act, 1870 as extended to the Union Territory of Goa, Daman and Diu; (b) "High Court" Means the Court of the Judicial Commissioner constituted under the Goa, Daman and Diu (Judicial Commissioner's Court) Regulation, 1963 (No. 10 of 1963): (c) "State Government" means the Administrator of Goa. Daman and Diu appointed under Article 239 of the Constitution. View Complete Act List Judgments citing this sectionTitle : Power of State Government to Make Rules Determining the Value of Land for Jurisdictional Purposes
State : Central
Year : 1965
(1) The State Government may, in consultation with the High Court, make rules for determining the value of land for purposes of jurisdiction in the suits mentioned in the Court-fees Act, section 7, paragraphs V and VI and paragraph X, clause (d). (2) The rules may determine the value of any class of land or of any interest in land, in the whole or any part of a local area, and may prescribe different values for different places within the same local area: PROVIDED that such rules shall provide that the value of land for the purposes of jurisdiction shall in no case be less than the value as determinable for the computation of court-fees. (3) A rule made under this section shall not take effect till the expiration of one month after it has been published in the Official Gazette. ..... View Complete Act List Judgments citing this sectionTitle : Valuation of Relief in Certain Suits Relating to Land Not to Exceed the Value of the Land
State : Central
Year : 1965
Where, a suit mentioned in the Court-fees Act, section 7, paragraph IV or Schedule II, Article 17, relates to land or an interest in land of which the value has been determined by rules made under the last foregoing section, the amount at which for purposes of jurisdiction the relief sought, in the suit is valued shall not exceed the value of the land or interest as determined by those rules. View Complete Act List Judgments citing this section