Title : Transit of Goods by Road Through the State and Issue of Transit Pass
State : Karnataka
Year : 1957
Section 28AA - Transit of goods by road through the State and issue of transit pass 1 [28AA. Transit of goods by road through the State and issue of transit pass 2 [(1) Where a vehicle is carrying goods taxable under this Act,- (a) from any place outside the State and bound for any place outside the State and passes through this State; or (b) and which goods are imported into the State from any place outside the country and such goods are being carried to any place outside the State, the driver or any other person-in-charge of such vehicle shall furnish the necessary information and obtain a transit pass in duplicate containing such particulars as may be prescribed from the officer-in-charge of the first checkpost or barrier after..... View Complete Act List Judgments citing this sectionTitle : Offences and Penalties
State : Karnataka
Year : 1957
Section 29 - Offences and penalties 1 [29. Offences and penalties (1) Any person who,-- (a) fails to submit a return as required by the provisions of this Act, or the rules made thereunder; or (b) fails to submit a statement as required by sub-section (1) of section 12-B; or (c) fails to pay within the time allowed any tax assessed on him or any penalty levied on him under this Act; or (d) dishonestly objects to or fails to comply with the terms of a notice issued to him under sub-section (1) of section 14; or (e) fails to keep true and complete accounts; or (f) being a dealer or a miller, whether he is a dealer or not, fails to comply with a notice issued under sub-section (1) of section 28, shall on conviction be 2 [liable in..... View Complete Act List Judgments citing this sectionTitle : Cognizance of Offences
State : Karnataka
Year : 1957
Section 30 - Cognizance of offences (1) No Court shall take cognizance of any offence punishable under sub-section (2) of section 29 except with the previous sanction of the1[Joint Commissioner] and no Court inferior to that of a Magistrate of the First Class shall try any such offence. (2) Notwithstanding anything contained in the Code of Criminal Procedure,2[1973 (Central Act 2 of 1974)], all offences punishable under sub-section (2) of section 29 shall be cognizable and bailable. _______________________________ 1. Substituted by Act 20 of 1998 w.e.f. 28.5.1998. 2. Substituted by Act 15 of 1991 w.e.f. 1.4.1991. View Complete Act List Judgments citing this sectionTitle : Summary Disposal of Certain Cases
State : Karnataka
Year : 1957
Section 31 - Summary disposal of certain cases 1 [30A. Summary disposal of certain cases (1) A Court taking cognizance of an offence under sub-section (1) of section 29 shall state upon the summons to be served on the accused person that he may, by a specified date prior to the hearing of the charge plead guilty to the charge by registered letter and remit to the Court 2 [such sum which shall not be less than 3 [five hundred rupees but which may extend to five thousand rupees]] as the Court may specify. (2) Where an accused person pleads guilty and remits the sum specified under sub-section (1), the Court may proceed to hear and dispose of the case in the absence of the accused, whether or not the prosecutor is also absent in like manner as if both parties had..... View Complete Act List Judgments citing this sectionTitle : Offences by Companies
State : Karnataka
Year : 1957
Section 31A - Offences by Companies 1 [31A. Offences by Companies (1) If the person committing an offence under this Act is a company, the company as well as every person-in-charge of, and responsible to, the company for the conduct of its business at the time of the commission of the offence shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: Provided that nothing contained in this sub-section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed..... View Complete Act List Judgments citing this sectionTitle : Disclosure of Information Respecting Assessees
State : Karnataka
Year : 1957
Section 37 - Disclosure of information respecting assessees 1 [37. Disclosure of information respecting assessees (1)(a) The Commissioner may furnish or cause to be furnished to,-- (i) any officer, authority or body performing any functions under any law relating to the imposition of any tax, duty, cess or fee; or (ii) such officer, authority or body performing any functions under any other law as the State Government, if in its opinion it is necessary so to do in the public interest, specify by notification in this behalf; any such information relating to any assessee in respect of any assessment made under this Act as may, in the opinion of the Commissioner be necessary for the purpose of enabling the officer, authority or body to perform his or its..... View Complete Act List Judgments citing this sectionTitle : Power to Make Rules
State : Karnataka
Year : 1957
Section 38 - Power to make Rules (1) The State Government may, subject to the condition of previous publication, make rules, by notification, to carry out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for.-- (a) all matters expressly required or allowed by this Act to be prescribed; 1 [(a-1) estimation of turnovers for purposes of registration on the basis of inventory of goods found at the time of inspection or during survey;] (b) the assessment to tax under this Act of business which arediscontinued or the ownership of which has changed; 2 [(b1) the procedure for assessment of Central and State..... View Complete Act List Judgments citing this sectionTitle : Exemptions in Respect of Certain Assets
State : Central
Year : 1957
1 [2 [*****] Wealth-tax shall not be payable by an assessee in respect of the following assets]; and such assets shall not be included in the net wealth of the assessee-- (i) any property held by him under trust or other legal obligation for any public purpose of a charitable or religious nature in India: 3 [Provided that nothing contained in this clause shall apply to any property forming part of any business, not being a business referred to in clause (a) or clause (b) of sub-section (4A) of section 11 of the Income-tax Act in respect of which separate books of account are maintained or a business carried on by an institution fund or trust referred to in 2 [*****] clause (23B) or clause (23C) of section 10 of the Act;] (ii) the interest of the assessee in the coparcenary..... View Complete Act List Judgments citing this sectionTitle : Jurisdiction of Assessing Officers and Power to Transfer Cases
State : Central
Year : 1957
1[11. Jurisdiction of Assessing Officers and power to transfer cases (1) The provisions of sections 124 and 127 of the Income-tax Act shall, so far as may be, apply for the purposes of this Act as they apply for the purposes of the Income-tax Act, subject to the modifications specified in sub-section (2). (2) The modifications referred to in sub-section (I) shall be the following, namely: - (a) in section 124 of the Income-tax Act,-- (i) in sub-section (3), references to the provisions of the Income-tax Act shall be construed as references to the corresponding provisions of the Wealth-tax Act; (ii) sub-section (5) shall be omitted: (b) in section 127 of the Income-tax Act, in the Explanationbelow sub-section2[(4)], references to proceedings under the Income-tax Act shall be..... View Complete Act List Judgments citing this sectionTitle : Reference to Valuation Officer
State : Central
Year : 1957
1 [16A. Reference to Valuation Officer (1) For the purpose of making an assessment (including an assessment in respect of any assessment year commencing before the date of coming into force of this section) under this Act, 2 [where under the provisions of section 7 read with the rules made under this Act or, as the case may be, the rules made in Schedule III, the market value of any asset is to be taken into account in such assessment,] the 3 [Assessing Officer] may refer the valuation of any asset to a Valuation Officer - (a) in a case where the value of the asset as returned is in accordance with the estimate made by a registered valuer, if the 3 [Assessing Officer] is of opinion that the value so returned is less than its fair market value; (b)in any other case, if the 3..... View Complete Act List Judgments citing this section