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Central Bare Acts 1965

Finance (No. 2) Act, 1965

State: Central

Year: 1965

Preamble1 - Finance (No. 2) Act, 1965 Section1 - SHORT TITLE This Act may be called The Finance Section2 - 02-18 AMENDMENTS OF ACT 43 OF 1961 [Note.- These sections amend various provisions of Income-tax Act, 1961- All these Section19 - AMENDMENT OF ACT 34 OF 1953 [Note.- This section amends Estate Duty Act, 1953 These amendments were then incorporated Section20 - AMENDMENT OF ACT 27 OF 1957 [Note.- This section amends Wealth-tax Act, 1957- These amendments were then incorporated Section21 - AMENDMENT OF ACT 18 OF 1958 [Note. -This section amends Gift-tax Act, 1958- These amendments were then incorporated in Section22 - INSERTION OF NEW SECTION 24A IN ACT 7 OF 1964 [Note.- This section inserts new Section 24Arelating to agreement with Section23 - EXCLUSION OF COMMUTED VALUE OF PENSION FROM TOTAL INCOME UNDER THE INDIAN INCOME-TAX ACT, 1922 Notwithstanding anything Section24 - VOLUNTARY DISCLOSURE OF INCOME Section25 - AMENDMENT OF ACT 32 OF 1934 [Note.- This section amended Indian Tariff Act, 1934, which is now repealed and replaced by Section26 - AMENDMENT OF ACT 1 OF 1944 [Note.- This section amends Central Excises and Salt Act, 1944- These amendments will be

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Payment of Bonus Act, 1965

State: Central

Year: 1965

.....about accuracy of balance-sheet and profit and loss account ofcorporations and companies Section24 - Audited accounts of banking companies not to be questioned 3 Section25 - Audit of accounts of employers, not being corporations or companies Section26 - Maintenance of registers, records, etc Every employer shall prepare and maintain such registers, records and other Section27 - Inspectors Section28 - Penalty If any person Section29 - Offences by companies Section30 - Cognizance of offences Section31 - Protection of action taken under the Act No suit, prosecution or other legal proceeding shall lie against the Section31A - Special provision with respect to payment of bonus linked with production or productivity 3 Section32 - Act not to apply to certain classes of employees Nothing in this Act shall apply to Section33 - Act to apply to certain pending disputes regarding payment of bonus [Omitted by the Payment of Bonus Section34 - Effect of laws and agreements inconsistent with the Act 3 Section35 - Saving Nothing contained in this Act shall be deemed to affect the provisions of Section36 - Power of exemption If the appropriate Government, having regard to the financial position and other relevant Section37 - Power to remove difficulties [Omitted by the Payment of Bonus Section38 - Power to make rules Section39 - Application of certain laws not barred Save as otherwise expressly provided, the provisions of this Act shall be in Section40 - Repeal and saving

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