Bare Act Search Results

Finance Act 2007 Chapter III

Title: Direct Taxes

State: Central

Year: 2007

.....the purposes of this clause, "commodity exchange" shall mean a "registered association" as defined in clause (jj) of section 2 of the Forward Contracts (Regulation) Act, 1952(74 of 1952);'; (g) in clause (23FB), with effect from the 1st day of April, 2008 -- (i) for the words "set up to raise funds for investment", the words "from investment" shall be substituted; (ii) in Explanation 1, for clause (c), the following clause shall be substituted, namely:-- '(c) "venture capital undertaking" means such domestic company whose shares are not listed in a recognised stock exchange in India and which is engaged in the-- (i) business of-- (A) nanotechnology; (B) information technology relating to hardware and software development; (C) seed research and development; (D) bio-technology; (E) research and development of new chemical entities in the pharmaceutical sector; (F) production of bio-fuels; (G) building and operating composite hotel-cum-convention centre with seating capacity of more than three thousand; or "(H) developing or operating and maintaining or developing, operating and maintaining any infrastructure facility as defined in the Explanation to.....

Finance Act, 2007 Complete Act

State: Central

Year: 2007

.....in the Fifty-eighth Year of the Republic of India as follows- CHAPTER 1: PRELIMINARY: SECTION 1: Short title and commencement: (1) This Act may be called the Finance Act, 2007. (2) Save as otherwise provided in this Act, sections 2 to 93 shall be deemed to have come into force on the 1st day of April, 2007. CHAPTER 2: RATES OF INCOME-TAX: SECTION 2: Income-tax: (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2007, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding five thousand rupees, in addition to total income, and the total income exceeds one lakh rupees, then,-- (a) the net agricultural income shall be taken.....

Finance Act 2007 Section 78

Title: Insertion of New Section 292c

State: Central

Year: 2007

After section 292B of the Income-tax Act, the following section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of October, 1975, namely:-- "292C. Presumption as to assets books account, etc.-- Where any books of account, other documents, money, bullion, jewellery or other valuable article or thing are or is found in the possession or control of any person in the course of a search under section 132, it may, in any proceeding under this Act, be presumed-- (i) that such books of account, other documents, money, bullion, jewellery or other valuable article or thing belong or belongs to such person; (ii) that the contents of such books of account and other documents are true; and (iii) that the signature and every other part of such books of account and other documents which purport to be in the handwriting of any particular person or which may reasonably be assumed to have been signed by, or to be in the handwriting of, any particular person, are in that person's handwriting, and in the case of a document stamped, executed or attested, that it was duly stamped and executed or attested by the person by whom it purports to have been.....

Finance Act 2007 Section 93

Title: Insertion of New Section 42d

State: Central

Year: 2007

After section 42C of the Wealth-tax Act, the following section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of October, 1975, namely:-- "42D. Presumption as to assets, books of account, etc.-- Where any books of account or other documents, articles or things including money are found in the possession or control of any person in the course of a search under section 37A, it may, in any proceeding under this Act, be presumed that-- (i) such books of account or other documents, articles or things including money belong to such person; (ii) the contents of such books of account or other documents are true; and (iii) the signature and every other part of such books of account or other documents which purport to be in the handwriting of any particular person or which may reasonably be assumed to have been signed by, or to be in the handwriting of, any particular person, are in that person's handwriting, and in the case of a document stamped, executed or attested, that it was duly stamped and executed or attested by the person by whom it purports to have been so executed or attested.".

Carriage by Road Act, 2007 Complete Act

State: Central

Year: 2007

.....before the commencement of this Act, with regard to appeal, shall, as far as may, apply to every appeal as if the provisions aforesaid were enacted by this Act subject to the modification that any reference therein to the "permit" shall be construed as a reference to the "registration". SECTION 7: Submission of annual return: The State Transport Authority in respect of each State or Union territory shall submit annually to the Ministry or Department of the Central Government dealing with road transport and highways a consolidated annual return giving the details of the goods carried by the common carriers in that State or the Union territory, as the case may be, on the basis of the returns received from the holders of the registration as specified under clause (c) of sub-section (7) of (section 4). SECTION 8: Goods forwarding note: (1)Every consignor shall execute a goods forwarding note, in such form and manner as may be prescribed, which shall include a declaration about the value of the consignment and goods of dangerous or hazardous nature. (2) The consignor shall be responsible for the correctness of the particulars furnished by him in the goods forwarding.....

The Shimla Road Users & Pedestrians (Public Safety & Convenience) Act, 2007 Complete Act

State: Himachal

Year: 2007

.....USERS & PEDESTRIANS (PUBLIC SAFETY & CONVENIENCE) ACT, 2007 THE SHIMLA ROAD USERS & PEDESTRIANS (PUBLIC SAFETY & CONVENIENCE) ACT, 2007 [Act No. 2 of 2008] [13th February, 2008] PREAMBLE An ACT to restore the sanctity of the Shimla Mall Road by preventing its use as a thoroughfare and to provide for regulation of vehicular traffic in the interest of public safety and convenience on the sealed and restricted roads of Shimla town to prevent annoyance and injury to pedestrians and to provide for matters connected therewith or incidental thereto. Be it enacted by the Legislative Assembly of Himachal Pradesh in the Fifty- eighth Year of the Republic of India as follows:-- Section 1 - Short title, extent and commencement (1) This Act may be called the Shimla Road Users and Pedestrians (Public Safety and Convenience) Act, 2007. (2) It extends to the Municipal limits of Shimla Town. (3) It shall come into force at once. Section 2 - Definitions (1) In this Act, unless the context otherwise requires,-- (a) ˜Assistant Commissioner' means Assistant Commissioner, appointed by the State Government under section 9 of the Himachal Pradesh Land Revenue Act, 1953; (b).....

Carriage by Road Act 2007 Section 4

Title: Application for Grant or Renewal of Registration

State: Central

Year: 2007

.....itself that the applicant fulfills such conditions as may be prescribed. (5) The registering authority may, on receipt of an application under sub-section (2) or sub-section (3) and after satisfying itself that the applicant fulfills the requirements of sub-section (4), grant the certificate of registration or renew it, as the case may be, for carrying on the business of a common carrier, in such form and subject to such conditions as may be prescribed: Provided that no application for the grant or renewal of a certificate of registration shall be refused by the registering authority unless the applicant has been given an opportunity of being heard and the reasons for such refusal are given in writing by the registering authority within sixty days from the date of receipt of such application: Provided further that if such refusal has not been communicated within sixty days of the date of application, the registering authority shall grant or renew certificate of registration within a further period of thirty days. (6) A certificate of registration granted or renewed under sub-section (5) shall contain the details of branch offices to be operated in various States and Union.....

The Travancorecochin Hindu Religious Institutions (Amendment) Act , 2007 Complete Act

State: Kerala

Year: 2007

.....may appoint, by notification in the Gazette. 2. Amendment of section 2.- In section 2 of the Travancore-Cochin Hindu Religious Institutions Act, 1950 (Act XV of 1950) (hereinafter referred to as the principal Act), in clause (aa), for the existing proviso, the following proviso shall be substituted, namely:- "Provided that a Hindu member nominated or elected to the Board under section 4 shall make an oath before the Principal Secretary to the Government of Kerala, Department of Devaswom to the effect that he is professing Hindu religious rites and is a believer of God and temple worship, before he enters upon his office.". 3. Amendment of section 4.- In section 4 of the principal Act, for sub-section (1), the following sub-sections shall be substituted, namely:- "(1) The Board referred to in section 3 shall consist of three Hindu members of whom one shall be a woman and one shall be a person belonging to Scheduled Caste or Scheduled Tribe. Explanation: For the purpose of this section, "Scheduled Caste" and "Scheduled Tribe" shall have the same meaning as is assigned to it in clause (24) and (25) respectively of article 366 of the Constitution of India. (IA) Of the.....

The Sashastra Seema Bal Act, 2007 Complete Act

State: Tamil Nadu

Year: 2007

.....all mutineers, armed rebels, armed rioters, pirates, terrorists and any person in arms against whom it is the duty of any person subject to this Act to take action; (j) "enrolled person" means an under-officer or other person enrolled under this Act; (k) "Force " means the Sashastra Seema Bal; (l) "Force Court" means a Court referred to in Section 76; (m) "Force custody" means the arrest or confinement of a member of the Force under Section 69; (n) "Inspector-General" means the Inspector-General of the Force appointed under Section 5; (o) "Judge Attorney-General", "Additional Judge Attorney-General", "Deputy Judge Attorney-General" and "Judge Attorney" mean respectively the Judge Attorney-General, an Additional Judge Attorney-General, a Deputy Judge Attorney-General and a Judge Attorney of the Force appointed under sub-section (2) of Section 95; (p) "member of the Force" means an officer, a subordinate officer, an under-officer or other enrolled person; (q) "notification" means a notification published in the Official Gazette; (r) "offence" means any act or omission punishable under this Act and includes a civil.....

The Indian Boilers (Amendment) Act, 2007 Complete Act

State: Tamil Nadu

Year: 2007

.....Person" shall be substituted. 15. Amendment of Section 15. " In Section 15 of the principal Act, for the words and figures "The Indian Factories Act, 1911 (12 of 1911)", the words and figures "the Factories Act, 1948 (63 of1948)" shall be substituted. 16. Amendment of Section 18. " In Section 18 of the principal Act," (a) in sub-section (1), for the word "steam-pipe", at both the places where it occurs, the words "boiler component" shall be substituted; (b) after sub-section (2), the following sub-section shall be inserted, namely:" "(3) Without prejudice to the provisions of sub-section (1), where any death has resulted due to any accident, an inquiry may be conducted by such person and in such manner as may be prescribed by the Central Government.". 17. Amendment of Section 19. " Section 19 of the principal Act shall be renumbered as sub-section (1) thereof and after sub-section (1) as so renumbered, the following sub-section shall be inserted, namely." "(2) Every appeal under sub-section (1) shall be made in such manner as may be prescribed by the State Government. (3) The procedure for disposing of an appeal shall be such as may be.....