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Start Free TrialFinance Act, 1995 Complete Act
State: Central
Year: 1995
.....by virtue of holding a capital asset, being a share or any other security within the meaning of clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (hereinafter in this clause referred to as the financial asset), the assessee" (A) becomes entitled to subscribe to any additional financial asset; or (B) is allotted any additional financial asset without any payment. then, subject to the provisions of sub-clauses (i) and (ii) of clause (b)"; (ii) after sub-clause (iii), the following sub-clause shall be inserted, namely :" '(iiia) in relation to the financial asset allotted to the assessee without any payment and on the basis of holding of any other financial asset, shall be taken to be nil in the case of such assessee"; SECTION 15: INSERTION OF NEW SECTION 80DDA After section 80DD of the Income-tax Act, the following section shall be inserted, with effect from the 1st day of April, 1996, namely :" '80DDA. Deduction in respect of deposit made for maintenance of handicapped dependant." (1) In computing the total income of an assessee who is resident in India, being an individual or a Hindu undivided family, there shall be deducted, in accordance with and.....
List Judgments citing this sectionThe Maharashtra (Change of Short Titles of Certain Bombay Acts) Act, 1980 Complete Act
State: Maharashtra
Year: 1980
THE MAHARASHTRA (CHANGE OF SHORT TITLES OF CERTAIN BOMBAY ACTS) ACT, 1980 THE MAHARASHTRA (CHANGE OF SHORT TITLES OF CERTAIN BOMBAY ACTS) ACT, 1980 MAHARASHTRA ACT No. XV OF 1980 [This Act received the Governor's assent on the 6th August, I was first published in the Maharashtra Government Gazette on August, 1980.1 An Act to amend certain enactments to change their short titles "Bombay Acts" to "Maharashtra Acts" WHEREAS, it -is expedient to amend certain enactments to their short titles from "Bombay Acts" to "Maharashtra . Acts",to their citation in future by more appropriate short titles and clari application to the existing Maharashtra State and to make consequential and incidental provisions ; It is hereby enacted in the Thirty-first Year of the Republic of India as follows INTRODUCTION Under the States Reorganisation Act, 1956, a new, State of was formed from lst November, 1956 which comprised of territories old States of Bombay, Hyderabad, Madhya Pradesh, Saurashtra and Kutch. Again, the Bombay Reorganisation Act, 1960 was passed which came into force from I st May, 1960, a new State of Gujarat was formed and the residuary State of Bombay continued under.....
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