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Payment of Bonus Act, 1965 Section 1

Title: Short Title, Extent and Application

State: Central

Year: 1965

.....of Bonus Act, 1965. (2) It extends to the whole of India 1 [***]. (3) Save as otherwise provided in this Act, it shall apply to- (a) every factory; and (b) every other establishment in which twenty or more persons are employed on any day during an accounting year: 2 [Provided that the appropriate Government may, after giving not less than two months' notice of its intention so to do, by notification in the Official Gazette, apply the provisions of this Act with effect from such accounting year as may be specified in the notification, to any establishment or class of establishment including an estab­lishment being a factory within the meaning of sub-clause (ii) of clause (iii) of section 2 of the Factories Act, 1948 (63 of 1948)] employing such number of persons less than twenty as may be specified in the notification; so, however, that the number of persons so specified shall in no case be less than ten.] (4) Save as otherwise provided in this Act, the provisions of this Act shall, in relation to a factory or other establishment to which this Act applies, have effect in respect of the accounting year commencing on any day in the year 1964 and in respect of.....

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Government Savings Banks Act, 1873 Complete Act

State: Central

Year: 1873

.....of the State of Bihar. The Act was extended to the Union territory of Himachal Pradesh by H.P. A.L.O., 1948. H.P. is a 'State' from 25-1-1971-See Act 53 of 1970. The Act has now been extended to the Union territories of- (1) Dadra and Nagar Haveli by Regn. 6 of 1963 (1-7-1965); (2) Pondicherry by Regn. 7 of 1963 (1-10-1963); (3) Laccadive, Minicoy and Amindivi Islands (Now called Lakshdweep) by Regn. 8 of 1965 (1-10-1967). The Act has been extended to the Union territory of Goa, Daman and Diu and enforced therein on and from 1-9-1962-See S.O. 2734 published in Gaz. of Ind., 1-9-1962, Pt. II, S. 3(ii). Extra., p. 1991. The Act has been brought into force from 11-3-1992 in the State of Sikkim-See Gaz. of Ind., 11-3-92, Pt. II, S. 3(ii), Ext., p. 2 (No. 184). PRELIMINARY SECTION 01: SHORT TITLE This Act may be called the Government Savings Banks Act, 1873. Local extent. It extends 1 to 2 [the whole of India 3 [* * *].] SECTION 02: ACT NOT TO APPLY TO DEPOSITS IN ANCHAL SAVINGS BANK This Act shall not apply to any deposits made in the Anchal Savings Bank of the State of Travancore-Cochin, and, notwithstanding anything contained in this Act, any law in force in the said State.....

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Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Schedule II

Title: Second Schedule

State: Central

Year: 1958

.....such date, the quotation on the date closest to such date and immediately preceding such date. Explanation-The words and expressions used in this rule and rules 3 to 7 but not defined and defined in rule 2 of Schedule 111 of the Wealth-tax Act shall have the meanings respectively assigned to them in rule 2 of that Schedule. 3. Special provision for quoted shares of companies.- Notwithstanding anything in rule 2, the value of an equity share in any company which is a quoted share may, at the option of the assessee or a company, be taken on the basis of the average of the value quoted on the 31st day of March immediately preceding the assessment year and the values quoted in respect of such share on the said dates in relation to each of the immediately preceding nine assessment years, or where there is no such quotation on any of the aforesaid dates, the quotation on the date closest to the said date and immediately preceding such date: Provided that where for any reason the value of such share is quoted in relation to lesser number of assessment years than the said nine assessment years, then the value or values so quoted shall be taken into account for the purposes of.....

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Finance Act, 1993 Section 42

Title: Amendment of Schedule Ii

State: Central

Year: 1993

.....date, the quotation on the date closest to such date and immediately preceding such date. Explanation : The words and expressions used in this rule and rules 3 to 7 but not defined and defined in rule 2 of Schedule III to the Wealth-tax Act shall have the meanings respectively assigned to them in rule 2 of that Schedule. 3. Special provision for quoted shares of companies. - Notwithstanding anything in rule 2, the value of an equity share in any company which is a quoted share may, at the option of the assessee or a company, be taken on the basis of the average of the value quoted on the 31st day of March immediately preceding the assessment year and the values quoted in respect of such share on the said dates in relation to each of the immediately preceding nine assessment years, or where there is no such quotation on any of the aforesaid dates, the quotation on the date closest to the said date and immediately preceding such date : Provided that where for any reason the value of such share is quoted in relation to lesser number of assessment years than the said nine assessment years, then the value or values so quoted shall be taken into account for the purposes of.....

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Payment of Bonus Act, 1965 Section 15

Title: Set on and Set off of Allocable Surplus

State: Central

Year: 1965

.....fourth accounting year in the manner illustrated in the Fourth Schedule. (3) The principle of set on and set off as illustrated in the Fourth Schedule shall apply to all other cases not covered by sub-section (1) or sub-section (2) for the purpose of payment of bonus under this Act. (4) Where in any accounting year any amount has been carried forward and set on or set off under this section, then, in calculating bonus for the succeeding accounting year, the amount of set on or set off carried forward from the earliest accounting year shall first be taken into account.] _________________________ 1. Substituted by Act 66 of 1980, Section 9, for section 15 (w.r.e.f. 21-8-1980).

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Goa Rehabilitation Board Act, 2006 Complete Act

State: Central

Year: 2006

.....those admissible to him as a member of the Legislative Assembly under the Goa Salary, Allowances and Pension of Members of the Legislative Assembly Act, 2004 (Goa Act 20 of 2004). Section 6: Disqualification for appointment (1) A person shall be disqualified for being nominated as, and for being, a member of the Board - (a) if he holds any office of profit under the Board; (b) if he is of unsound mind and stands so declared by a Competent Court; (c) if he is an undischarged insolvent; (d) if he has, directly or indirectly, by himself or by any partner, any share or interest in any contract with, by or on behalf of, the Board; (e) if he is a Director or Secretary, Manager or other salaried officer of any incorporated company which has any share or interest in any contract with, by or on behalf of, the Board; (f) if he has been convicted by a Competent Court for an offence involving moral turpitude. (2) A person shall not, however, be disqualified under Clause (d) or Clause (e) of sub-section (1), or be deemed to have any share or interest in any contract or employment within the meaning of the said clauses, by reason only of his or the incorporated company of which he is a.....

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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (PREPARATION OF FINANCIAL STATEMENTS AND AUDITOR'S REPORT OF INSURANCE COMPANIES)REGULATIONS, 2000 Complete Act

State: Central

Year: 2000

.....of their publication in the Official Gazette. Regulation 2 Definitions .-(1) In these regulations, unless the context otherwise requires- (a) "Act" means the Insurance Act, 1938 (4 of 1938); (b) "Authority" means the Insurance Regulatory and Development Authority established under sub-section (1) of S.3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999); (c) All words and expressions used herein and not defined but defined in the Insurance Act, 1938 (4 of 1938), or in the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), or in the Companies Act, 1956 (1 of 1956) shall have the meanings respectively assigned to them in those Acts. Regulation 3 Preparation of financial statements, management report and auditor's report (1) An insurer carrying on life insurance business, after the commencement of these Regulations, shall comply with the requirements of Schedule A. (2) An insurer carrying on general insurance business, after the commencement of these regulations, shall comply with the requirements of Schedule B : Provided that this sub-regulation shall apply, mutatis mutandis, to re-insurers, until separate regulations are.....

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International, Airports Authority Act, 1971 Complete Act

State: Central

Year: 1971

.....or such other member or such officer of the Authority as may be generally or specially empowered in this behalf by the Authority and such contracts or class of contracts as may be specified in the regulations shall be sealed with the common seal of the Authority: Provided that no contract exceeding such value or amount as the Central Government may, from time to time, by order, fix in this behalf shall be made unless it has been previously approved by the Authority: Provided further that no contract for the acquisition or sale of immovable property or for the lease of any such property for a term exceeding thirty years and no other contract exceeding such value or amount as the Central Government may, from time to time, by order, fix in this behalf shall bemade unless it has been previously approved by the Central Government. (2), Subject to the provisions of sub-section (1), the form and manner in which any contract shall be made under this Act shall be such as may be prescribed by regulations. (3) No contract which is not in accordance with the provisions of this Act and the regulations shall be binding on the Authority. SECTION 16: FUNCTIONS OF THE AUTHORITY (1) Subject.....

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Indian Museum Act, 1910 Chapter I

Title: Preliminary

State: Central

Year: 1910

.....time to time, with the previous sanction of the Central Government, make1[by notification in the official gazette] bye- laws consistent with this Act2[and the rules made there under] for any purpose necessary for the execution of their trust. (2) In particular, and without prejudice to the generality of the foregoing power, such3[bye-laws] may provide for-- (a) the summoning, holding and adjournment of general and special meetings of the Trustees; (b) the securing of the attendance of Trustees at such meetings; (c) the provision and keeping of minute- books and account books; (d) the compiling of catalogues; (e) the lending of articles contained in the collections vested in the Trustees; (f) the exchange and sale, and the presentation to other Museums in {Subs. by the A. O. 1950 for " the Provinces ". } [India], of duplicates of articles contained in such collections; (g) the removal and destruction of articles contained in such collections; and (h) the general management of the Museum. 4[(3) The Central Government shall cause every bye-law made under this section to be laid as soon as may be after it is made, before each House of Paliament, while it is in.....

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Estate Duty Act, 1953 [Repealed] Section 17

Title: Property Transferred to a Controlled Company

State: Central

Year: 1953

.....at any time between the beginning of the first of the accounting years aforesaid and the death of the deceased either.- (a) in or towards satisfaction of rights attaching to shares in or debentures of the company, or (b) otherwise howsoever except as follows, that is to say, by way of sale for full consideration in money or money's worth received by the company for its own use and benefit, or in or towards discharge of taxes or rates or other liability imposed by or under an enactment, or in or towards discharge of a fine or penalty or a liability for tort incurred without collusion with the injured party, including assets which have been so disposed of or distributed in a winding up, whether continuing at or completed before the death: Provided that this sub-section shall not apply to assets disposed of or distributed by way of payments from which income-tax was deduction, or which were assessable to income-tax, of amounts not exceeding in the aggregate, as respects payments made in any accounting year or in the period between the end of the last accounting year and the benefit of th deceased, the amount of the income of the company for that year or period. (4) (i) A.....

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