Bare Act Search Results

Income Tax Act, 1961 Section 64

Title: Income of Individual to Include Income of Spouse, Minor Child, Etc.

State: Central

Year: 1961

.....individual has, at any time after the 31st day of December, 1969, been converted by the individual into property belonging to the family through the act of impressing such separate property with the character of property belonging to the family or throwing it into the common stock of the family or been transferred by the individual, directly or indirectly, to the family otherwise than for adequate consideration (the property so converted or transferred being hereinafter referred to as the converted property), then, notwithstanding anything contained in any other provision of this Act or in any other law for the time being in force, for the purpose of computation of the total income of the individual under this Act for any assessment year commencing on or after the 1st day of April, 1971, (a) the individual shall be deemed to have transferred the converted property, through the family, to the members of the family for being held by them jointly; (b) the income derived from the converted property or any part thereof shall be deemed to arise to the individual and not to the family; (c) where the converted property has been the subject matter of a partition (whether partial or.....

Maternity Benefit Act, 1961 Section 10

Title: Leave for Illness Arising out of Pregnancy, Delivery, Premature Birth of Child, Miscarriage, Medical Termination of Pregnancy or Tubectomy Operation

State: Central

Year: 1961

Leave for illness arising out of pregnancy, delivery, premature birth of child,1[miscarriage, medical termination of pregnancy or tubectomy operation] A woman suffering from illness arising out of pregnancy, delivery; premature birth of child1[miscarriage, medical termination of pregnancy or tubectomy operation] shall, on production of such proof as may be prescribed, be entitled, in addition to the period of absence allowed to her under section 6, or, as the case may be, under section 9, to leave with wages at the rate of maternity benefit for a maximum period of one month. ________________________ 1. Substituted by Act 29 of 1995, section 6, for "or miscarriage" w.e.f. 1-2-1996.

The Chhattisgarh Primary Education Act, 1961 Complete Act

State: Chattisgarh

Year: 1961

.....2006, the Vindhya Pradesh Primary Education Act, 1952 (IV of 1952), and the Bhopal State Compulsory Primary Education Act, 1956 (XI of 1956), and any other law, if any, relating to primary education in force in any of the regions of the State of Madhya Pradesh are hereby repealed. (2) Notwithstanding such repeal under sub-section (1) any order or scheme made by, any notification issued, anything done, any action taken or any proceedings commenced in exercise of the powers conferred by or under the enactments hereby repealed shall be deemed to have been made, issued, done, taken or commenced in exercise of the powers conferred by or under this Act. Chhatisgarh State Acts

Income Tax Act, 1961 Complete Act

State: Central

Year: 1961

INCOME TAX ACT, 1961 INCOME TAX ACT, 1961 43 of 1961 [AS AMENDED BY FINANCE ACT, 2003] An Act to consolidate and amend the law relating to income-tax and super-tax BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows : CHAPTER 1 PRELIMINARY Section 1 Short title, extent and commencement (1) This Act may be called the Income-tax Act, 1961. (2) It extends to the whole of India. (3) Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962. Section 2 Definitions 1 Inserted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1) "advance tax" means the advance tax payable in accordance with the provisions of Chapter XVII-C;] 2 Renumbered as clause (1A) by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1A)] 3 For manner of computation of income which is partially agricultural and partially frombusiness, see rules 7, 7A, 7B and 8. For analysis, see Mashbra's Income-tax Rules."agricultural income" means - 4 Substituted by the Taxation Laws (Amendment) Act, 1970, w.r.e.f. 1-4-1962.[(a) any rent or revenue derived from land which is situated in India and is used for.....

Maternity Benefit Act, 1961 Complete Act

State: Central

Year: 1961

.....have been declared under sub-section (1) of section 2-to be applicable;] (f) "factory" means a factory as defined in clause (m) of section 2 of the Factories Act, 1948 (63 of 1948)-; (g) "Inspector" means an Inspector appointed under section 14-; (h) "maternity benefit" means the payment referred to in sub-section (1) of section 5-; 9[(ha) "medical termination of pregnancy" means the termination of pregnancy permissible under the provisions of the Medical Termination of Pregnancy Act, 1971 (34 of 1971)-;] (i) "mine" means a mine as defined in clause (j) of section 2 of the Mines Act, 1952 (35 of 1952)-; (j) "miscarriage" means expulsion of the contents of a pregnant uterus at any period prior to or during the twenty-sixth week of pregnancy but does not include any miscarriage, the causing of which is punishable under the Indian Penal Code (45 of 1860); (k) "plantation means a plantation as defined in clause (F) of section 2 of the Plantations Labour Act, 1951 (69 of 1951)-; (l) "prescribed" means prescribed by rules made under this Act; (m) "State Government" in relation to a Union territory, means the Administrator thereof; (n) "wages" means all remuneration paid or payable in.....

INCOME TAX ACT, 1961 Chapter V

Title: INCOME OF OTHER PERSONS, INCLUDED IN ASSESSEE'S TOTAL INCOME

State: Central

Year: 1961

.....of sale thereof and where the property is converted into any other property by any method, such other property. Explanation 2: For the purposes of this section, income includes loss. Section 65 - Liability of person in respect of income included in the income of another person Where, by reason of the provisions contained in this Chapter or in clause (i) of section 27, the income from any asset or from membership in a firm of a person other than the assessee is included in the total income of the assessee, the person in whose name such asset stands or who is a member of the firm shall, notwithstanding anything to the contrary contained in any other law for the time being in force, be liable, on the service of a notice of demand by the Assessing Officer in this behalf, to pay that portion of the tax levied on the assessee which is attributable to the income so included, and the provisions of Chapter XVIID shall, so far as may be, apply accordingly: Provided that where any such asset is held jointly by more than one person, they shall be jointly and severally liable to pay the tax which is attributable to the income from the assets so included.

Income Tax Act, 1961 Chapter XVII

Title: Collection and Recovery of Tax

State: Central

Year: 1961

.....the public are substantially interested, being debentures listed on a recognised stock exchange in India in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956), and any rules made thereunder, if (a) the interest is paid by the company by an account payee cheque; and (b) the amount of such interest or, as the case may be, the aggregate of the amounts of such interest paid or likely to be paid during the financial year by the company to such individual does not exceed two thousand and five hundred rupees; 3[(vi) any interest payable to the Life Insurance Corporation of India established under the Life Insurance Corporation Act, 1956 (31 of 1956), in respect of any securities owned by it or in which it has full beneficial interest; or] 3[(vii) any interest payable to the General Insurance Corporation of India (hereafter in this clause referred to as the Corporation) or to any of the four companies (hereafter in this clause referred to as such company), formed by virtue of the schemes framed under sub-section (1) of section 16 of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972), in respect of any securities owned by the.....

Income Tax Act, 1961 Section 222

Title: Certificate to Tax Recovery Officer

State: Central

Year: 1961

.....adequate consideration, and which is held by, or stands in the name of, any of the persons aforesaid ; and so far as the movable or immovable property so transferred to his minor child or his sons minor child is concerned, it shall, even after the date of attainment of majority by such minor child or sons minor child, as the case may be, continue to be included in the assessees movable or immovable property for recovering any arrears due from the assessee in respect of any period prior to such date. (2) The Tax Recovery Officer may take action under sub-section (1), notwithstanding that proceedings for recovery of the arrears by any other mode have been taken. ________________ 1. See rule 117B and Form No. 57. For analysis, see Mashbras Income-tax Rules.

Income Tax Act, 1961 Section 88

Title: Rebate on Life Insurance Premia, Contribution to Provident Fund, Etc.

State: Central

Year: 1961

..... 8. Substituted by the Finance Act, 2003, with effect from 1st April, 2004. Prior to substitution, the Explanation, as amended by the Finance Act, 1997, with effect from 1st April, 1998 ; and Finance Act, 1999, with effect from 1st April, 2000, stood as under : Explanation : For the purposes of this clause, (i) eligible issue of capital means an issue made by a public company formed and registered in India or a public financial institution and the entire proceeds of the issue is utilised wholly and exclusively either for the purposes of developing, maintaining and operating an infrastructure facility or for generating, or for generating and distributing, power or for providing telecommunication services whether basic or cellular ; (ii) infrastructure facility shall have the meaning assigned to it in the Explanation to sub-section (4) of section 80-IA ; (iii) public company shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 of 1956) ; (iv) public financial institution shall have the meaning assigned to it in section 4A of the Companies Act, 1956 (1 of 1956) ; 9. See rule 20A and Form 59A. For analysis, see Mashbras Income-tax Rules......

The Chhattisgarh Municipalities Act, 1961 Complete Act

State: Chattisgarh

Year: 1961

THE CHHATTISGARH MUNICIPALITIES ACT, 1961 THE CHHATTISGARH MUNICIPALITIES ACT, 1961 [Act No. 37 of 1961] [20th November, 1961] PREAMBLE An Act to consolidate and amend the law relating to municipalities and to make better provision for the organisation and administration of Municipalities in Chhattisgarh. Be it enacted by the Madhya Pradesh Legislature in the Twelfth year of the Republic of India as follows:-- Chapter I - PRELIMINARY Section 1 - Short Title, extent and commencement (1) This act may be called the Chhattisgarh Municipalities Act, 1961. (2) It extends to the whole of Chhattisgarh. [Inserted by M.P. Act No. 18 of 1997.] [(3) It shall apply to the smaller urban area or a transitional area, as the case may be, from the date on which they are notified as such under Section 5.] Section 2 - Repeal and Savings (1) The Central Provinces and Berar Municipalities Act, 1922 (II of 1922), the Madhya Bharat Municipalities Act, 1954 (1 of 1954), the Vindhya Pradesh Municipalities Act, 1946 and the Bhopal State Municipalities Act, 1955 (III of 1956), are hereby repealed. (2) Notwithstanding such repeal-- (i) all Municipal Committees,.....