Bare Act Search Results

Finance Act, 2002 Schedule II

Title: Second Schedule

State: Central

Year: 2002

.....6203.12, for the entry in column (4), the entry "30% or Rs. 720 per piece, whichever is higher" shall be substituted; THE SECOND SCHEDULE (See section 131) In the First Schedule to the Customs Tariff Act,-- (1) in Chapter 1, for the entry in column (4) occurring against each of the subheadings, the entry "30%" shall be substituted; (2) in Chapter 2, for the entry in column (4) occurring against each of the subheadings (except sub-headings 0207.13 and 0207.14), the entry "30%" shall be substituted; (3) in Chapter 3, for the entry in column (4) occurring against each of the subheadings, the entry "30%" shall be substituted; (4) in Chapter 4,-- (i) for the entry in column (4) occurring against each of the sub-headings (except sub-headings 0402.10, 0402.21, 0405.10, 0405.20, 0405.90 and 0406.90), the entry "30%" shall be substituted; (ii) for the entry in column (4) occuring against each of the sub-headings 0405.20 and 0405.90, the entry "40%" shall be substituted;'. (5) in Chapter 5,-- (i) for the entry in column (4) occurring against each of the sub-headings (except sub-heading 0507.10), the entry "30%" shall be substituted; (ii) in sub-heading 0507.10,.....

Finance Act 2005 Schedule 2

Title: Second Schedule

State: Central

Year: 2005

THE SECOND SCHEDULE (See section 74) PART I In the First Schedule to the Customs Tariff Act,-- (1) in Chapter 6, for the entry in column (4) occurring against all the tariff items of heading 0603, the entry "60%" shall be substituted; (2) in Chapter 25,-- (i) for the entry in column (4) occurring against all the tariff items of all the headings (except headings 2504 and 2510), the entry "15%" shall be substituted; (ii) for the entries in column (4) and column (5) occurring against all the tariff items of heading 2504, the entries "15%" and "15%" shall respectively be substituted; (3) in Chapter 26, in tariff items 2620 11 00, 2620 19 00, 2620 30 10 and 2620 30 90, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted; (4) in Chapter 27,-- (i) for the entry in column (4) occurring against all the tariff items of heading 2701 (except tariff items 2701 12 00, 2701 20 10 and 2701 20 90), the entry "15%" shall be substituted; (ii) for the entry in column (4) occurring against the tariff item 2705 00 00, the entry "15%" shall be substituted; (iii) for the entry in column (4) occurring against all the tariff items of.....

Finance Act, 2006 Schedule III

Title: Third Schedule

State: Central

Year: 2006

THE THIRD SCHEDULE [See section 63(a)] In the First Schedule to the Customs Tariff Act,-- (1) in Chapter 4, in tariff item 0409 00 00, for the entry in column (4), the entry "60%" shall be substituted; (2) in Chapter 25,-- (i) for the entry in column (4) occurring against all the tariff items (except all the tariff items of headings 2504 and 2510), the entry "12.5%" shall be substituted; (ii) for the entries in column (4) and column (5) occurring against all the tariff items of heading 2504, the entry "12.5%" and "12.5%" shall respectively be substituted; (3) in Chapter 26, in tariff items 2620 11 00, 2620 19 00, 2620 30 10 and 2620 30 90, for the entry in column (4) occurring against each of them, the entry "12.5%" shall be substituted; (4) In Chapter 27 -- (i) for the entry in column (4) occurring against all the tariff items of heading 2701 (except tariff item 2701 12 00), the entry "12.5%" shall be substituted; (ii) for the entry in column (4) occurring against all the tariff items of headings 2702, 2703 and 2704, the entry "12.5%" shall be substituted; (iii) in tariff item 2705 00 00, for the entry in column (4), the entry "12.5%" shall be substituted;.....

Promissory Notes (Stamp) Act, 1926 [Repealed] Repealing Act 1

Title: Finance Act, 2006

State: Central

Year: 1926

.....byParliament in the Fifty-seventh Year of the Republic of India as follows:- CHAPTER I. PRELIMINARY 1. Short title and commencement (1) This Act may becalled the Finance Act, 2006. (2) Save as otherwiseprovided in this Act, sections 2 to 57 shall be deemed to have come into forceon the 1st day of April, 2006. CHAPTER II. RATES OF INCOME-TAX 2. Income-tax (1) Subject to theprovisions of sub-sections (2) and (3), for the assessment year commencing onthe 1st day of April, 2006, income-tax shall be charged at the rates specifiedin Part I of the First Schedule and such tax as reduced by the rebate ofincome-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of1961) (hereinafter referred to as the Income-tax Act) shall be increased by asurcharge for purposes of the Union calculated in each case in the mannerprovided therein. (2) In the cases towhich Paragraph A of Part I of the First Schedule applies, where the assesseehas, in the previous year, any net agricultural income exceeding five thousandrupees, in addition to total income, and the total income exceeds one lakhrupees, then,-- (a) the netagricultural income shall be taken into account, in the.....

Finance Act 2007 Schedule II

Title: Second Schedule

State: Central

Year: 2007

THE SECOND SCHEDULE [See section 114(i)] In the First, Schedule to the Customs Tariff Act,-- (1) in Chapter 21, for the entry in column (4) occurring against all the tariff items of sub-heading 2106 90, the entry "150%" shall be substituted; (2) in Chapter 22,-- (i) in tariff items 2207 10 11,2207 10 19 and 2207 10 90, for the entry in column (4) occurring against each of them, the entry "150%" shall be substituted; (ii) for the entry in column (4) occurring against all the tariff items of heading 2208, the entry "150%" shall be substituted; (3) in Chapter 25 -- (i) for the entry in column (4) occurring against all the tariff items (except all the tariff items of headings 2504 and 2510), the entry "10%" shall be substituted; (ii) for the entries in column (4) and column (5) occurring against all the tariff items of heading 2504, the entries "10%" and "10%" shall respectively be substituted; (4) in Chapter 26, in tariff items 2620 11 00,2620 19 00, 2620 30 10 and 2620 30 90, for the entry in column (4) occurring against each of them, the entry "10%" shall be substituted; (5) in Chapter 27,-- (i) for the entry in column (4) occurring against all the tariff.....

Finance Act, 2012, (Central) Schedule

Title: the Seventh Schedule

State: Central

Year: 2012

.....of jewellery or on articles of goldsmiths' or silversmiths' wares of precious metal or of metal clad with precious metal, shall amount to "manufacture".'; (b) for the entry in column (4) occurring against all the tariff items of heading 7101, 7103, 7104 (except 7104 10 00), 7105 and 7106, the entry "12%" shall be substituted; (c) in tariff item 7104 10 00, for the entry in column (4), the entry "6%" shall be substituted; (d) in tariff item 7107 00 00, for the entry in column (4), the entry "12%" shall be substituted; (e) for the entry in column (4) occurring against all the tariff items of heading 7108, the entry "12%" shall be substituted; (f) in tariff item 7109 00 00, for the entry in column (4), the entry "12%" shall be substituted; (g) for the entry in column (4) occurring against all the tariff items of heading 7110, the entry "12%" shall be substituted; (h) in tariff item 7111 00 00, for the entry in column (4), the entry "12%" shall be substituted; (i) for the entry in column (4) occurring against all the tariff items of headings 7112, 7113, 7114, 7115 and 7116, the entry "12%" shall be substituted; (j) for the entry in column (4) occurring against.....

Finance (No. 2) Act, 1996 Complete Act

State: Central

Year: 1996

.....Be it enacted by Parliament in the Forty-seventh Year of the Republic of India as follows :- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Finance (No. 2) Act, 1996. (2) Save as otherwise provided in this Act, Sections 2-to58-andSection 88-shall be deemed to have come into force on the 1st day of April, 1996. SECTION 02: INCOME TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1996, income tax shall be charged at the rates specified in Part I of the First Schedule and such tax shall be increased in the cases to which Paragraph E of that Part applies by a surcharge calculated in the manner provided therein. (2) In the cases to which sub-paragraph I or sub-paragraph II of Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding six hundred rupees, in addition to total income, and the total income exceeds,- (i) in case to which the said sub-paragraph I applies, forty thousand rupees, and (ii) in a case to which the said sub-paragraph II applies, eighteen thousand rupees, then,- (a) the net.....

Finance Act, 1994 Complete Act

State: Central

Year: 1994

.....2.-- For the purposes of this clause, the expression "security" shall have meaning assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 ; 4. Insertion of new section 5A.--- After section 5 of the Income-tax Act the following section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1963, namely:-- SECTION 51: AMENDMENT OF SECTION 2 -- -[Incorporated in the Wealth-tax Act, 1957 (hereinafter referred to as the Wealth tax Act),--- (i) in cluase (ea). in the Explanation, in clause (b), for the words "period of three years", the words "period of five years" shall be substituted with effect from the 1st day of April, 1995: (ii) in clause (s), after the word "Director", the words and brackets "Additional Director of Income-tax", "Additional Commissioner of Income-tax", "Additional Commissioner of Incometax (Appeals)", "Deputy Director", shall be inserted with effect from the 1st day of June 1994. SECTION 52: AMENDMENT OF SECTION 4 - In section 4 of the Wealth-tax Act , in sub-section (1), in clause (a), in sub-clause (ii), after the words "not being", the words, figures and letter "a minor child.....

Finance 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.....

Finance Act, 1997 Complete Act

State: Central

Year: 1997

.....actually paid and the subsequent previous year or years during which the licence, for which the fee is paid, shall be in force; (ii) 'appropriate fraction' means the fraction the numerator of which is one and the denominator of which is the total number of the relevant previous years; (iii) 'payment has actually been made' means the actual payment of expenditure irrespective of the previous year in which the liability for the expenditure was incurred according to the method of accounting regularly employed by the assessee. (2) Where the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) are less than the expenditure incurred remaining unallowed, a deduction equal to such expenditure remaining unallowed, as reduced by the proceeds of the transfer, shall be allowed in respect of the previous year in which the licence is transferred. (3) Where the whole or any part of the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) exceed the amount of the expenditure incurred remaining unallowed, so much of the excess as does not exceed the difference between the expenditure incurred to obtain the.....