Bare Act Search Results

The Rajasthan Stamp Act, 1998 Complete Act

State: Rajasthan

Year: 1998

.....w.e.f. 24.3.2005) (viii-A) "Chief Controlling Revenue Authority" means Rajasthan Tax Board Constituted under section 90 of the Rajasthan Sales Tax Act 1994 (Act No. 22 of 1995);" (ix) "clearance list" means a list of transactions relating to contract; required to be submitted to the clearing house of an association ii accordance with the rules or bye-laws of the association : Provided that no instrument shall, for the purposes of this Act, be deemed to be a clearance list unless it contains the following declaration signed by the person dealing in such transaction or on his behalf by a properly constituted attorney, namely-- "I/We hereby solemnly declare that the above list contains a complete and true statement of my/our transactions including crossed out transactions and transactions required to be submitted to the clearing house in accordance with the rules/bye-laws of the association. I/We further declare that no transaction for which an exemption is claimed under Article 5 or Article 36 in Schedule to the Rajasthan Stamp Act, 1998, as the case may be, is omitted." Explanation--Transaction for the purpose of this clause shall include both sale and purchase. (x).....

Finance (No. 2) Act, 1998 Complete Act

State: Central

Year: 1998

FINANCE (NO. 2) ACT, 1998 FINANCE (NO. 2) ACT, 1998 21 of 1998 An Act to give effect to the financial proposals of the Central Government for the financial year 1998-99 BE it enacted by Parliament in the Forty-ninth Year of the Republic of India as follows :- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Finance (No. 2) Act, 1998. (2) Save as otherwise provided in this Act, sections 2 to 98 (except section 51) shall be deemed to have come into force on the 1st day of April, 1998. SECTION 02: INCOME -TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1998, income-tax shall be charged at the rates specified in Part I of the First Schedule. (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 six hundred rupees, in addition to total income, and the total income exceeds forty thousand rupees, then,- (a) the net agricultural income shall be taken into account, in the manner provided in clause (b) [that is to say, as if the net agricultural income were comprised in.....

Delhi Agricultural Produce Marketing (Regulation) Act, 1998 Complete Act

State: Delhi

Year: 1998

.....be presumed that the budget, as presented by the Board, has been duly approved by the Government. Section16 Vacancies not to invalidate Board's action No act or proceeding of the Board shall be invalid merely by reason of the existence of any vacancy among its members or any defect in the constitution thereof. Section17 Powers and function of the Board (1)The Board shall exercise superintendence and control over the Marketing Committees. (2)The Government or the Chairman or the Vice-Chairman of the Board or any other official of the Board authorised in this behalf by the Board may call for from any Marketing Committee or any trader, godown keeper or any other functionary operating within the Market area any information or relating to agricultural produce and shall have and the power to inspect the records and accounts of such Marketing Committee, trader, godown-keeper or other functionary and shall also have power to seize or take into possession against proper receipt the records, and accounts books, stocks of notified agricultural produce along with its containers and carriers. (3)It may authorise officer/officers of the Board and/or Marketing Committees to.....

Finance (No. 2) Act, 1998 Chapter III

Title: Direct Taxes

State: Central

Year: 1998

.....sold or otherwise transferred by the assessee to Government, a local authority, a corporation established by or under a Central, State of Provincial Act or a Government company as defined in section 617 of the Companies Act, 1956; or (ii) where the sale or transfer of the asset is made in connection with the succession of a firm by a company in the business or profession carried on by the firm as a result of which the firm sells or otherwise transfers to the company any asset and the scheme or the deposit scheme continues to apply to the company in the manner applicable to the firm. Explanation.-- The provisions of clause (ii) of the proviso shall apply only where-- (i) all the properties of the firm relating to the business or profession immediately before the succession become the properties of the company; (ii) all the liabilities of the firm relating to the business or profession immediately before the succession become the liabilities of the company; and (iii) all the shareholders of the company were partners of the firm immediately before the succession. (9) The Central Government may, if it considers necessary or expedient so to do, by notification in the.....

Finance (No. 2) Act, 1998 Section 33

Title: Amendment of Section 80-hhe

State: Central

Year: 1998

.....furnishes in the prescribed form along with his return of income,-- (i) the report of an accountant, as defined in the Explanation below sub-section (2) of section 288 certifying that the deduction has been correctly claimed on the basis of the profits of the supporting software developer in respect of sale of computer software to the exporting company; and (ii) a certificate from the exporting company containing such particulars as may be prescribed and verified in the manner prescribed that in respect of the export turnover mentioned in the certificate, the exporting company has not claimed deduction under this section; Provided that the certificate specified in clause (b) shall be duly certified by the auditor auditing the accounts of the exporting assessee under the provisions of this Act or under any other law." (d) in the Explanation below sub-section (5),-- (i) in clause (b), after the words "any such programme", the words "or any customised electronic data" shall be inserted; (ii) after clause (c) the following clause shall be inserted, namely;-- (ca) "exporting company" means a company referred to in sub-section (1) making actual export of computer.....

Finance (No. 2) Act, 1998 Section 9

Title: Amendment of Section 32

State: Central

Year: 1998

.....4.-- For the purposes of this sub-section, the expression "know-how" means any industrial information or technique likely to assist in the manufacture or processing of goods or in the working of a mine, oil-well or other sources of mineral deposits (including searching for discovery or testing of deposits for the winning of access thereto); (d) after clause (ii), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1998, namely:-- (iii) in the case of any building, machinery, plant or furniture in respect of which depreciation is claimed and allowed under clause (i) and which is sold, discarded, demolished or destroyed in the previous year (other than the previous year in which it is first brought into use), the amount by which the moneys payable in respect of such building, machinery plant or furniture, together with the amount of scrap value, if any, fall short of the written down value thereof; Provided that such deficiency is actually written off in the books of the assessee. Explanation.-- For the purposes of this clause,-- (1) "moneys payable" in respect of any building, machinery, plant or.....

Finance (No. 2) Act, 1998 Section 18

Title: Amendment of Section 43

State: Central

Year: 1998

.....day of March, 1994 by an assessee, the actual cost of asset shall be reduced by the amount of duty of excise or the additional duty leviable under section 3 of the Customs Tariff Act, 1975 in respect of which a claim of credit has been made and allowed under the Central Excise Rules, 1944." (b) after Explanation 9, the following Explanation shall be inserted with effect from the 1st day of April, 1999, namely:-- "Explanation 10.-- Where a portion of the cost of an asset acquired by the assessee has been met directly or indirectly by the Central Government or a State Government or any authority established under any law or by any other person, in the form of a subsidy or grant or reimbursement (by whatever name called), then, so much of the cost as is relatable to such subsidy or grant or reimbursement shall not be included in the actual cost of the asset to the assessee. Provided that where such subsidy or grant or reimbursement is of such nature that it cannot be directly relatable to the asset acquired, so much of the amount which bears to the total subsidy or reimbursement or grant the same proportion as such asset bears to all the assets in respect of or with.....

Lotteries (Regulation) Act, 1998 Section 4

Title: Conditions Subject to Which Lotteries May Be Organized, Etc

State: Central

Year: 1998

A State Government may organize, conduct or promote a lottery, subject to the following conditions, namely:-- (a) prizes shall not be offered on any pre-announced number or on the basis of single digit; (b) the State Government shall print the lottery tickets bearing the imprint and logo of the State in such manner that the authenticity of the lottery ticket is ensured; (c) the State Government shall sell the tickets either itself or through distributors or selling agents; (d) the proceeds of the sale of lottery tickets shall be credited into the public account of the State; (e) the State Government itself shall conduct the draws of all the lotteries; (f) the prize money unclaimed within such time as may be prescribed by the State Government or not otherwise distributed, shall become the property of that Government; (g) the place of draw shall be located within the State concerned; (h) no lottery shall have more than one draw in a week; (i) the draws of all kinds of lotteries shall be conducted between such period of the day as may be prescribed by the State Government; (j) the number of bumper draws of a lottery shall not be more than six in a calendar year;

Lotteries (Regulation) Act, 1998 Complete Act

State: Central

Year: 1998

.....or chance to those persons participating in the chances of a prize by purchasing tickets; (c) "prescribed" means prescribed by rules made under this Act. SECTION 03: PROHIBITION OF LOTTERIES Save as otherwise provided in Section 4-, no State Government shall organise, conduct or promote any lottery. SECTION 04: CONDITIONS SUBJECT TO WHICH LOTTERIES MAY BE ORGANISED, ETC A State Government may organise, conduct or promote a lottery, subject to the following conditions, namely: - (a) prizes shall not be offered on any pre-announced number or on the basis of a single digit; (b) the State Government shall print the lottery tickets bearing the imprint and logo of the State in such manner that the authenticity of the lottery ticket is ensured; (c) the State Government shall sell the tickets either itself or through distributors or selling agents; (d) the proceeds of the sale of lottery tickets shall be credited into the public account of the State; (e) the State Government itself shall conduct the draws of all the lotteries; (f) the prize money unclaimed within such time as may be prescribed by the State Government or not otherwise distributed, shall become the property of that.....

The Lotteries (Regulation) Act, 1998 Complete Act

State: Kerala

Year: 1998

.....government may give directions to the State Government as to carrying into execution in the State of any of the provisions of this Act or of any rule or order made thereunder. Power of Central Government to make rules. 11. (1) The Central Government may, by notification in the Official Gazette, make rules to carry out the provisions of this Act. (2) Every rule made by the Central Government shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule, or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule. Power of State Government to Make rules. 12. (1) The State Government may, by notification in the.....