Bare Act Search Results

Income Tax Act, 1961 Chapter VI

Title: Aggregation of Income and Set off or Carry Forward of Loss

State: Central

Year: 1961

.....or amalgamation or demerger had not taken place.] 5[(aa) industrial undertaking means any undertaking which is engaged in - (i) the manufacture or processing of goods; or (ii) the manufacture of computer software; or (iii) the business of generation or distribution of electricity or any other form of power; or 6[(iiia) the business of providing telecommunication services, whether basic or cellular, including radio paging, domestic satellite service, network of trunking, broadband network and internet services; or] (iv) mining; or (v) the construction of ships, aircrafts or rail systems; ] 10[(b) "unabsorbed depreciation" means so much of the allowance for depreciation of the predecessor firm or the proprietary concern or the private company or unlisted public company before conversion into limited liability partnership or the amalgamating company or the demerged company, as the case may be, which remains to be allowed and which would have been allowed to the predecessor firm or the proprietary concern or the company or amalgamating company or demerged company, as the case may be, under the provisions of this Act, if the reorganisation of business or.....

The Orissa Taxation (on Goods Carried by Roads or Inland Waterways) Act, 1968 Complete Act

State: Orissa

Year: 1968

.....ORISSA TAXATION (ON GOODS CARRIED BY ROADS OR INLAND WATERWAYS) ACT, 1968 THE ORISSA TAXATION (ON GOODS CARRIED BY ROADS OR INLAND WATERWAYS) ACT, 1968 Orissa Act 8 of 1968 [Received the assent of the Governor on the 5th April 1968, first published in an extraordinary issue of the Orissa Gazette, dated the 12th April, 1968] An act to provide for the levy of a Tax on certain goods carried by roads or Inland Waterways in the State of Orissa and to validate certain taxes imposed on goods carried by roads or Inland Waterways. Be it enacted by the Legislature of the State of Orissa in the Nineteenth Year of the Republic of India as follows:- 1. Short title, extent, commencement and duration. (1) This Act may be called the Orissa Taxation (On Goods Carried by Roads or Inland Waterways) Act, 1908. (2) It extends to the whole of the State of Orissa. (3) It shall be deemed to, have come into force on the 27th day of April 1959 and shall be deemed to have ceased to have effect immediately on the expiry of the 31st day of March 1962, except as respects things done or omitted to be done before such, cesser, and section 5 of the Orissa General Causes Act, 1937 shall.....

Income Tax Act, 1961 Section 72A

Title: Provisions Relating to Carry Forward and Set off of Accumulated Loss and Unabsorbed Depreciation Allowance in Amalgamation or Demerger, Etc.

State: Central

Year: 1961

.....company or to ensure that the amalgamation is for genuine business purpose. 4. See rule 9C and Form No. 62. For analysis, see Mashbra's Income-tax Rules. 5. Inserted by the Finance Act, 2001, with retrospective effect from 1st April, 2000. 6. Inserted by the Finance Act, 2002, with effect from 1st April, 2003. 7. Inserted by the Finance Act, 2003, with effect from 1st April, 2004. 8. Inserted by the Finance Act, 2010 w.e.f. 01.04.2011. 9. Substituted by the Finance Act, 2010 w.e.f. 01.04.2011 for the following:"(a) accumulated loss means so much of the loss of the predecessor firm or the proprietary concern or the amalgamating company or the demerged company, as the case may be, under the head Profits and gains of business or profession (not being a loss sustained in a speculation business) which such predecessor firm or the proprietary concern or amalgamating company or demerged company, would have been entitled to carry forward and set-off under the provisions of section 72 if the reorganisation of business or amalgamation or demerger had not taken place;" 10. Substituted by the Finance Act, 2010 w.e.f. 01.04.2011 for the following: "(b) unabsorbed depreciation.....

Customs Act, 1962 Chapter 12

Title: Provisions Relating to Coastal Goods and Vessels Carrying Coastal Goods

State: Central

Year: 1962

.....the proper officer shall permit clearance thereof if he is satisfied that they are entered in a bill of coastal goods delivered to him under sub-section (1). Section 95 - Master of a coastal vessel to carry an advice book (1) The master of everyvessel carrying coastal goods shall be supplied by the Customs authorities witha book to be called the "advice book". (2) The proper officer ateach port of call by such vessel shall make such entries in the advice book ashe deems fit, relating to the goods loaded on the vessel at that port. (3) The master of every suchvessel shall carry the advice book on board the vessel and shall on arrival ateach port of call deliver it to the proper officer at that port for hisinspection. Section 96 - Loading and unloading of coastal goods at customs port or coastal port only No coastal goods shall be loaded on, or unloaded from, any vessel at any port other than a customs port or a coastal port appointed under section 7 for the loading or unloading of such goods. Section 97 - No coasting vessel to leave without written order (1) The master of a vessel which has brought or loaded any coastal goods at a customs or coastal port shall.....

Income Tax Act, 1961 Section 72

Title: Carry Forward and Set off of Business Losses

State: Central

Year: 1961

.....loss not so setoff shall, in case the business so re-established, reconstructed or revived continues to be carried on by the assessee, be carried forward to the following assessment year and so on for seven assessment years immediately succeeding. (2) Where any allowance or part thereof is, under sub-section (2) of section 32 or sub-section (4) of section 35, to be carried forward, effect shall first be given to the provisions of this section. (3) No loss (other than the loss referred to in the proviso to sub-section (1) of this section) shall be carried forward under this section for more than eight assessment years immediately succeeding the assessment year for which the loss was first computed. ______________________________ 1. Prior to omission, proviso to clause (i) stood as under: Provided that the business or profession for which the loss was originally computed continued to be carried on by him in the previous year relevant for that assessment year;

Railways Act, 1989 Section 72

Title: Maximum Carrying Capacity for Wagons and Trucks

State: Central

Year: 1989

.....in a conspicuous manner on the outside of every such wagon or truck. (3) Every person owning a wagon or truck which passes over a railway shall determine and exhibit the normal carrying capacity for the wagon or truck in the manner specified in sub-section (2). (4) Notwithstanding anything contained in sub-section (2) or sub-section (3), where a railway administration considers it necessary or expedient so to do in respect of any wagon or truck carrying any specified class of goods or any class of wagons or trucks of any specified type, it may vary the normal carrying capacity for such wagon or truck or such class of wagons or trucks and subject to such conditions as it may think fit to impose, determine for the wagon or truck or class of wagons or trucks such carrying capacity as may be specified in the notification and it shall not be necessary to exhibit the words and figures representing the carrying capacity so determined on the outside of such wagon or truck or such class of wagons or trucks.

Customs Act, 1962 Chapter 6

Title: Provisions Relating to Conveyances Carrying Imported or Exported Goods

State: Central

Year: 1962

.....no fraudulent intention, he may permit such manifest or report to be amended or supplemented. ____________________ 1. Omitted by Finance (No.2) Act, 2004, section 66. Prior to omission it stood as "Provided that if the agent of the person-in-charge of the conveyance furnishes such security as the proper officer deems sufficient for duly delivering within seven days from the date of departure of the conveyance the export manifest or the export report, as the case may be, the proper officer may (subject to such rules as the Central Government may make in this behalf) accept such manifest or report within the aforesaid period". Section 42 - No conveyance to leave without written order (1) The person-in-charge of a conveyance which has brought any imported goods or has loaded any export goods at a customs station shall not cause or permit the conveyance to depart from that customs station until a written order to that effect has been given by the proper officer. (2) No such order shall be given until- ( a) the person-in-charge of the conveyance has answered the questions put to him under section 38; ( b) the provisions of section 41 have been complied with; ( c) the.....

Bombay Motor Vehicles [Taxation of Passengers] Act, 1958, (Maharashtra) Section 3A

Title: Levy of Further Tax on Passengers Carried by Stage Carriages

State: Maharashtra

Year: 1958

.....execution of the said programmes has been progressively increasing the rate of this surcharge has not been increased so far. It is therefore, decided to increase that rate to meet the ever increasing expenditure on the said programmes.- M.G.G., Pt. V, 1993, p. 142. ________________________ 1. Section 3A was inserted by Mah. 2 of 1975, section 2. 2. These words, brackets and figures were substituted for the words, brackets and figures “Bombay Motor Vehicles (Taxation of Passengers) (Amendment) Act, 1977” by Mah. 5 of 1993, section 2(d). 3. These words were substituted by Mah. 5 of 1993, section 2(2). 4. Clause (b) was deleted by Mah. 15 of 1975, section 4. 5. The words “or other omnibus and “or passengers carried In a private service vehicle” were deleted by Mah. 9 of 1989, section 10.

The Orissa Taxation (on Goods Carried by Roads or Inland Waterways) Validation Act, 1962 Complete Act

State: Orissa

Year: 1962

.....of the Orissa Gazette, dated the 18th September 1962] AN ACT TO VALIDATE THE ORISSA TAXATION (ON GOODS CARRIED BY ROADS OR INLAND WATER-WAYS) ACT, 1959 Orissa Act 7 of 1959. WHEREAS the Orissa Taxation (on Goods carried by Roads or Inland Water-ways) Act, 1959, had been enacted without obtaining the previous sanction of the president of India as required under the provisions of Part XIII of the Constitution of India; AND WHEREAS in view of the recent decision of the Supreme Court, doubts have arisen regarding the validity of the said Act as amended from time to time and of the actions taken thereunder; AND WHEREAS fit is expedient that all such doubts be removed by validating the enactment of the said law as amended from time to time and the actions taken thereunder; AND WHEREAS previous sanction of the President of India has been obtained under the proviso to Article 304 (b) of the Constitution of India; It is hereby enacted by the Legislature of the State of Orissa in the Thirteenth Year of the Republic of India as follows:- Short title and extent. 1 . (1) This Act may be called the Orissa Taxation (on Goods carried by Roads or Inland Water-ways).....

Merchant Shipping Act, 1958 Section 232

Title: Ship Not to Carry Passengers in Contravention of Act

State: Central

Year: 1958

(1) No ship on any voyage shall carry or attempt to carry passengers in contravention of section 220 or shall have on board or in any part thereof a number of passengers which is greater than the number set forth in the certificate of survey as the number of passengers which the ship or the part thereof is fit to carry on that voyage. (2) If the master or any other officer of any ship which carries or attempts to carry passengers in contravention of section 220 is a licensed pilot, he shall be liable to have his licence as a pilot cancelled or suspended for such period as the Central Government may, by order, specify.