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Finance Act, 1982 Chapter III

Title: Direct Taxes

State: Central

Year: 1982

.....and the rate at which the amount of deduction under sub-section (1) is to be calculated, the Central Government shall have regard to the following factors, namely :- (a) the cost of manufacture or production of such goods or merchandise and prices of similar goods or merchandise in the foreign markets; (b) the need to develop foreign markets for such goods or merchandise; (c) the need to earn foreign exchange; (d) any other relevant factor. (5) The deduction under sub-section (1) for any assessment year shall not exceed ten per cent. of the amount of income-tax otherwise payable by the assessee for that assessment year on the amount of profits and gains derived from the export of such goods or merchandise out of India. Explanation : For the purposes of this sub-section, the amount of income-tax otherwise payable by the assessee for an assessment year on the profits and gains derived from the export of such goods or merchandise out of India shall be - (a) in a case where the total income for that assessment year consists only of such profits and gains, the amount of income-tax chargeable (without any deduction under this section) on the total income; (b) in a case.....

Finance Act, 1982 Section 27

Title: Amendment of Section 245b

State: Central

Year: 1982

In section 245B of the Income-tax Act, after sub-section (2) the following sub-section shall be inserted, namely :- "(2A) Notwithstanding anything contained in sub-section (2) when the post of one of the other members of the Settlement Commission is vacant for any reason, the Chairman and the other member of the Settlement Commission may function as, and exercise and discharge the powers and functions of, the Settlement Commission under this Chapter : Provided that if in any case the Chairman and members so functioning differ on any point or points, they shall state the point or points on which they differ and refer the same, as soon as may be after the said vacancy is filled, to the member appointed to file the vacancy for hearing on such point or points and such point or points shall be decided according to his opinion.".

The Sikkim Panchayat Act, 1982 Complete Act

State: Sikkim

Year: 1982

.....party. 115 Penalty. 116. Repeal and Savings. 117. Power to remove difficulties. 118. Power to make rules. SCHEDULE THE SIKKIM PANCHAYAT ACT 1982 ACT NO.3 OF 1982 AN ACT. To provide for the reorganization of Panchayats with a view to ensuring efficient Panchayat administration in the State and to provide for matters connected therewith and incidental thereto. [7th April, 1982) Be it enacted by the Legislature of Sikkim in the Thirty-third Year of the Republic of India as follows: CHAPTER I Preliminary Short title, extent and commencement. 1. (1) This Act may be called the Sikkim Panchayat Act, 1982. (2) It extends to the whole of Sikkim except the areas which have been or may hereafter be declared as, or included in, the Municipal Corporation under the provisions of the Gangtok Municipal Corporation Act, 1975 or as a cantonment under the provisions of the Cantonment Act, 1924 or as a Bazar Area under the provisions of the Sikkim Bazar Committees Act, 1969. (3) It shall come into. force on such date as the State Government may, by notification, appoint and different dates may be appointed for different areas or different provisions of the Act and.....