Bare Act Search Results

Estate Duty (Distribution) Act, 1962 [Repealed] Section 3

Title: Distribution of Net Proceeds of Estate Duty Assigned to the States

State: Central

Year: 1962

.....and brought into assessment in that financial year bears to the total gross value of all property brought into assessment in that year; (d) 'property" does not include agricultural land; (e) any property situated outside India shall be deemed to be situated in the State or, as the case may be, the Union Territory wherein the value of such property has been brought into assessment. ________________________ 1. Substituted for the words, figures and letters "the financial year commencing on the 1st day of April, 1984" by Estate Duty (Distribution) Amendment Act (Act 28 of 1985) w.e.f 01.04.1985. 2. Substituted for the words "be distributed, provisionally" by Estate Duty (Distribution) Amendment Act (Act 28 of 1985) w.e.f 01.04.1985.

Estate Duty (Distribution) Act, 1962 Complete Act

State: Central

Year: 1962

.....in the Thirteenth Year of the Republic of India as follows:- SECTION 01: SHORT TITLE This Act may be called the Estate Duty (Distribution) Act, 1962. SECTION 02: DEFINITIONS In this Act - (a) "estate duty" means the estate duty levied under the Estate Duty Act, 1953 , in respect of property other than agricultural land; (b) "State" does not include a Union territory. SECTION 03: DISTRIBUTION OF NET PROCEEDS OF ESTATE DUTY ASSIGNED TO THE STATES (1) During 3[each of the financial years commencing on and after the 1st day of April, 1984], the net proceeds of estate duty levied and collected during that financial year shall after deducting there from the net proceeds attributable to Union Territories,4[be distributed] among the States in proportion to the gross value of all property situated in the respective States and brought into assessment in that financial year. (2) For the purposes of this section,- (a) "gross value", in relation to property, means the total value of all property passing on the death of any person as determined by the Controller under the Estate Duty Act, 1953; (b) "net proceeds" includes the estate duty the payment whereof has been accepted in.....

Warehousing Corporations Act, 1962 Chapter IV

Title: Finance, Accounts and Audit

State: Central

Year: 1962

.....its financial year, and in case he has called for any explanation or information from the officers, whether it has been given and whether it is satisfactory. (6) The appropriate Government may, after consultation with the Comptroller and Auditor-General of India at any time issue directions to the auditor requiring him to report to the appropriate Government upon the adequacy of measures taken by a Warehousing Corporation for the protection of its shareholders and creditors or upon the sufficiency of his procedure in auditing the accounts of the Corporation and may enlarge or extend the scope of the audit or direct that a different procedure in audit may be adopted or direct that any other examination may be made by the auditor if in the opinion of the appropriate Government public interest so requires. (7) A Warehousing Corporation shall send a copy of every report of the auditor to the Comptroller and Auditor-General of India and to the Central Government at least one month before it is placed before the shareholders. (8) Notwithstanding anything hereinbefore contained in this section, the Comptroller and Auditor-General of India may, either of his own motion or on a.....

Warehousing Corporations Act, 1962 Section 30

Title: Disposal of Profits

State: Central

Year: 1962

(1) Every Warehousing Corporation shall establish a reserve fund out of its annual net profits. (2) After making provision for bad and doubtful debts, depreciation on assets and all other matters which are usually provided for by companies registered and incorporated under the Companies Act, 1956 (1 of 1956), a Warehousing Corporation may, out of its net annual profits, declare a dividend: Provided that for so long as the reserve fund is less than the paid-up share capital of the Central Warehousing Corporation and until there has been repaid to the Central Government such sum, if any, as that Government may have paid under a guarantee given in pursuance of sub-section (1) of section 5-or sub-section (4) of section 27, the rate of such dividend, in the case of the Central Warehousing Corporation, shall not exceed the rate guaranteed by the Central Government under sub-section (1) of section 5.

Warehousing Corporations Act, 1962 Complete Act

State: Central

Year: 1962

.....zzc[(ea) enter into, with the previous approval of the Central Government, joint ventures with any corporation established by or under any Central Act or any State Act or with any company formed and registered under the Companies Act, 1956 (1 of 1956) including foreign company or through its subsidiary companies, for carrying out the purposes of this Act. Explanation."For the purposes of this clause, the expression "foreign company" shall have the meaning assigned to it under clause (23-A) of Section 2 of the Income Tax Act, 1961 (43 of 1961);] zzc[(eb) establish subsidiary companies; and.] (f) carry out such other functions as may be prescribed. SECTION 12: EXECUTIVE COMMITTEE (1) There shall be an Executive Committee of the Central Warehousing Corporation which shall consist of-- (a) the Chairman and the Vice-Chairman of the board of directors; (b) the managing director; and (c) two other directors chosen by the Corporation in the prescribed manner. (2) The Chairman and the Vice-Chairman of the board of directors shall be the Chairman and the Vice-Chairman respectively of the Executive Committee. (3) Subject to the general control, direction and superintendence of.....

The Rajasthan Electricity (Duty) Act, 1962 Complete Act

State: Rajasthan

Year: 1962

.....For the purposes of this section "municipal area" means the municipal area as defined in clause (XXXIX) of section 2 of the Rajasthan municipalities act 2009(act no. 18 of 2009) 4. Consumers to pay electricity duty." The amount of electricity duty levied u/s 3 on the energy consumed by a consumer shall be payable by, and be collected and recovered from, the consumer in the manner hereinafter provided. 5. Collection of electricity duty." (1) The electricity duty shall be collected from the consumer and paid to the State Government by the supplier : Provided that, where the amount of electricity duty collected by the supplier from the consumer is not paid to the State Government within the prescribed period, the supplier shall be liable to pay interest at the rate of 12.5% per annum on the amount of electricity duty remaining so unpaid until the payment thereof is made. (2) The duty and the interest, if any, so payable shall be a first charge on the amount recoverable by the supplier for the energy supplied by him and shall be a debt due by him to the State Government, (3) Where any consumer fails or neglects to pay, within the prescribed time and in the prescribed.....

Estate Duty (Distribution) Act, 1962 [Repealed] Preamble 1

Title: Estate Duty (Distribution) Act, 1962

State: Central

Year: 1962

ESTATE DUTY (DISTRIBUTION) ACT, 1962 [Act, No.9 of 1962] [30th March, 1962] PREAMBLE An Act to provide for the distribution of the net proceeds of the estate duty among the States in pursuance of the principles of distribution formulated and the recommendations made by the Finance Commission in its interim report dated the 30th day of April, 1984. BE it enacted by Parliament in the Thirteenth Year of the Republic of India as follows: -

Estate Duty (Distribution) Act, 1962 [Repealed] Complete Act

Title: Estate Duty (Distribution) Act, 1962 [Repealed]

State: Central

Year: 1962

Preamble1 - ESTATE DUTY (DISTRIBUTION) ACT, 1962 Section1 - Short title Section2 - Definitions Section3 - Distribution of net proceeds of estate duty assigned to the States Section4 - Power to make rules Repealing Act1 - DIRECT-TAX LAWS (MISCELLANEOUS) REPEAL ACT, 2000

The Maharashtra Education and Employment Guarantee (Cess) Act, 1962 Complete Act

State: Maharashtra

Year: 1962

.....in relation to any cantonment, the Canton ments Act, 1924, 2[(v) in relation to any municipal area as defined in the Maharashtra Municipalities Act, 1965, that Act;] (n) "rules" means rules made under Section 26; (o) "special assessment" means assessment on agricultural land levied and collected under Section 4, 4[or Section 6B], 1. Clause (I) was deleted by Mah. 17 of 1975, Sch. 2. These words were substituted for the words "City of Poona" by Mah. 17 of 1974, S. 2(3) and (4). 3. This clause was substituted for clauses (v), (vi), (vii) and (viii) by Mah. 17 of 1975, Sch. 4. These words, figure and letter were inserted by Mah. 17 of 1975t Sch. CHAPTER II EDUCATION CESS AND STATE EDUCATION CESS FUND SECTION 03: EDUCATION CESS For the purpose of providing for the cost of promoting education in the State of Maharashtra there shall be levied and collected, in the manner hereinafter provided the taxes, in the next succeeding section described (hereinafter together called "Education Cess"). SECTION 04: LEVY AND COLLECTION OF EDUCATION CESS Subject to the provisions of this Act, there shall be levied and collected, [(a) with effect from the 1st day of.....

The Tamil Nadu (Added Territories) Extension of Laws Act (Xiv of 1962) Complete Act

State: Tamil Nadu

Year: 1962

.....has power to make laws for the State is hereby extended to, and shall be in force in, the added territories. 4. Amendement of certain enactments.- The enactments specified in the Second Schedule in so far as they apply to, and are in force in, the added territories are hereby amended to the extent and in the manner mentioned in the fourth column thereof. 5. Construction of references to laws not in force in the added territories.- (1) Any reference in any enactment specified in the First Schedule to a law which is not in force in the added territories shall, in relation to those territories, be constructed as a reference to the corresponding law, if any, in force in those territories. (2) Any reference in any existing law which continue to be in force in the added territories after the date of the commencement of this Act to any law repealed by section 7 shall, in relation to those territories, be constructed as a reference to the enactment specified in the First Schedule corresponding to the law so repealed. 6. Construction of references authorities where new authorities have been constituted.- Any reference, by whatever form of words, in any existing law to.....