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Chartered Accountants Act, 1949 Chapter II

Title : The Institute of Chartered Accountants of India

State : Central

Year : 1949

.....of the offence committed he has either been granted a pardon or, on an application made by him in this behalf, the Central Government has, by an order in writing, removed the disability; or 2[(vi) has been removed from membership of the Institute on being found on inquiry to have been guilty of professional or other misconduct: Provided that a person who has been removed from membership for a specified period, shall not be entitled to have his name entered in the Register until the expiry of such period.] ________________________ 1. Substituted by the Chartered Accountants (Amendment) Act, (15 of 1959), Section 7 (1-7-1959). 2. Substituted, by the Chartered Accountants (Amendment) Act, (15 of 1959), Section 7 (1-7-1959).

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Cost and Works Accountants Act, 1959 Chapter II

Title : The Institute of Cost and Works Accountants

State : Central

Year : 1959

.....be deemed to have practiced in India for any period for which he has held a certificate of practice under section 6, notwithstanding that he did not actually practice during that period. Explanation II.-- In computing the continuous period during which a person has been an associate of the Institute, there shall be included any continuous period during which the person has been an associate of the dissolved company immediately before he became an associate of the Institute.] (5) Any person whose name is entered in the Register as a fellow of the Institute and so long as his name remains so entered, shall be entitled to use the letters FICWA after his name to indicate that he is a fellow of the Institute of Cost and Works Accountants. ________________________________ 1. Substituted by the Cost and Works Accountants (Amendment) Act, 2006. Prior to substitution, it read as under: "(4) A member, being an associate who has been in continuous practice in India for at least five year's, whether before or after the commencement of this Act, or whether partly before and partly after the commencement of this Act, and a member who has been an associate for a continuous period of.....

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National Bank for Agriculture and Rural Development Act, 1981 Chapter VIII

Title : Funds, Accounts and Audit

State : Central

Year : 1981

.....sums of money as the Board may contribute every year to this fund from out of its annual profits; and (c) such gifts, grants, donations or benefactions which the National Bank may receive and which the Board may earmark for this purpose. (2) the Research and Development Fund shall be expended on matters of importance to agriculture, agricultural operations and rural development, including the provision of training and research facilities and the1[making of loans or advances or grants] under clause (iii) of section 38. ________________________ 1. Substituted for "making of grants" by National Bank For Agriculture And Rural Development (Amendment) Act, 2000 (55 of 2000) Section 45 - Reserve fund and other funds The National Bank shall establish a Reserve Fund1[and other funds] as the Board may consider necessary by transferring such sums as it may deem fit, out of its annual profits an out of receipts from gifts, grants, donations or benefactions, which it may receive. ________________________ 1. Substituted for "and such other funds" by National Bank For Agriculture And Rural Development (Amendment) Act, 2000 (55 of 2000) Section 46 - Preparation of.....

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Deposit Insurance and Credit Guarantee Corporation Act, 1961 Chapter IV

Title : Funds, Accounts and Audit

State : Central

Year : 1961

.....of the Corporation and in case he had called for anyexplanation or information from the Board, whether it has been given and whetherit is satisfactory. (4)Without prejudice to anything contained in the preceding sub-sections, theCentral Government may at any time appoint the Comptroller and Auditor-Generalof India to examine and report upon the accounts of the Corporation, and anyexpenditure incurred by him in connection with such examination and report shallbe payable by the Corporation to the Comptroller and Auditor-General of India. Section 30 - Income-Tax And Super-Tax 1 [30. Income-Tax And Super-Tax.-- 2 [(1) Notwithstanding anything contained in the Indian Income-tax Act, 1961, the Corporation shall not be liable to pay any tax under that Act on any of its incoming profits or gains for the accounting year during which the Corporation is established and for 3 [fourteen accounting years.] 2 [(2) Notwithstanding anything contained in the Income-tax Act, 1961, the Corporation shall not be liable to pay any tax under that Act on any of its income, profits or gains for the period commencing from the first day of January, 1977, and ending with the commencement of.....

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Agricultural Refinance and Development Corporation Act 1963 Chapter V

Title : Accounts and Audit

State : Central

Year : 1963

.....Corporation and 1 [in case he orthey had called for any explanation] or information from the Board, whether ithas been given and whether it is satisfactory. (6) Without prejudice toanything contained in the preceding sub-sections, the Central Government may atany time appoint the Comptroller and Auditor General of India to examine andreport upon the accounts of the Corporation, and any expenditure incurred by himin connection with such examination and report shall be payable by theCorporation to the Comptroller and Auditor General of India. ________________________ 1.Substituted by Act 45 of 1975 w.e.f. 15.11.1975. Section 31 - General meetings (1) A general meeting shall be held annually (hereinafter referred to as annual general meeting) at a place in India where there is an office of the Corporation are closed, within three months from the date on which the annual accounts of the Corporation and any other general meeting may be convened by the Board at any other time: PROVIDED that the Central Government may extend the time within which any annual general meeting shall be held, by a period not exceeding one month. (2) The shareholders present at the annual.....

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National Housing Bank Act, 1987 Chapter VI

Title : Funds, Accounts and Audit

State : Central

Year : 1987

.....explanation or information from theBoard or any officer or other employee of the National Housing Bank, whether itwas given and whether it was satisfactory. (5)The National Housing Bank shall furnish to the Central Government and theReserve Bank within 1 [four months] from the date on which the annualaccounts of the National Housing Bank are closed and balanced, a copy of itsbalance sheet as on the close of the relevant year together with a copy of theprofit and loss account for the year and a copy of the auditors report and areport of the working of the National Housing Bank during that year, and theCentral Government shall, as soon as may be after they are received by it, causethe same to be laid before each House of Parliament. (6)Without prejudice to anything contained in the preceding sub-sections, theCentral Government may, at any time, appoint the Comptroller and Auditor-Generalof India to examine and report upon the accounts of the National Housing Bankand any expenditure incurred by him in connection with such examination andreport shall be payable by the National Housing Bank to the Comptroller andAuditor-General of India. ________________________ 1......

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Micro, Small and Medium Enterprises Development Act, 2006 Section 22

Title : Requirement to Specify Unpaid Amount with Interest in the Annual Statement of Accounts

State : Central

Year : 2006

Where any buyer is required to get his annual accountsaudited under any law for the time being in force, such buyer shall furnish thefollowing additional information in his annual statement of accounts, namely:-- (i) the principal amount and the interest due thereon (to beshown separately) remaining unpaid to any supplier as at the end of eachaccounting year; (ii) the amount of interest paid by the buyer in terms ofsection 16, along with the amounts of the payment made to the supplier beyondthe appointed day during each accounting year; (iii) the amount of interest due and payable for the periodof delay in making payment (which have been paid but beyond the appointed dayduring the year) but without adding the interest specified under this Act; (iv) the amount of interest accrued and remaining unpaid atthe end of each accounting year; and (v) the amount of further interest remaining due and payableeven in the succeeding years, until such date when the interest dues as aboveare actually paid to the small enterprise, for the purpose of disallowance as adeductible expenditure under section 23.

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Appropriation (Railways) Vote on Account Act 2006 Preamble 1

Title : Appropriation (Railways) Vote on Account Act 2006

State : Central

Year : 2006

THE APPROPRIATION (RAILWAYS) VOTE ON ACCOUNT ACT, 2006 [Act No. 11 of 2006] [22nd March 2006] PREAMBLE An Act to provide for the withdrawal of certain sums from and out of the Consolidated Fund of India for the services of a part of the financial year 2006-07 for the purposes of Railways BE it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:--

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Appropriation (Railways) Vote on Account Act, 2008 Preamble 1

Title : The Appropriation (Railways) Vote on Account Act, 2008

State : Central

Year : 2008

THE APPROPRIATION (RAILWAYS) VOTE ON ACCOUNT ACT, 2008 [Act No. 1 of 2008] [18th March, 2008] PREAMBLE An Act to provide for the withdrawal of certain sums from and out of the Consolidated Fund of India for the services of a part of the financial year 2008-09 for the purposes of Railways. Be it enacted by Parliament in the Fifty-ninth Year of the Republic of India as follows:--

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Appropriation (Vote on Account) Act, 2008 Preamble 1

Title : The Appropriation (Vote on Account) Act, 2008

State : Central

Year : 2008

THE APPROPRIATION (VOTE ON ACCOUNT) ACT, 2008 [Act No. 5 of 2008] [25th March, 2008.] PREAMBLE An Act to provide for the withdrawal of certain sums from and out of the Consolidated Fund of India for the services of a part of the financial year 2008-09. Be it enacted by Parliament in the Fifty-ninth Year of the Republic of India as follows:--

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