Common Object Common Intention - State Central - Year 2011 - Bare Acts

Academy of Scientific and Innovative Research Act, 2011, (Central) Section 4

Title: Objects of Academy

State: Central

Year: 2011

(1) The objects of the Academy shall be to -- (a) disseminate advanced knowledge in science and technology, by providing teaching and research facilities in such branches of learning as it may deem fit, particularly in emerging areas and such areas as may emerge in future; (b) undertake inter-disciplinary studies and research; (c) conduct courses in, and integrate into its courses, inter-disciplinary and multi-disciplinary areas covering natural sciences, life sciences, mathematical and computational sciences, medical sciences, engineering, applied art, humanities, social sciences, law relating to these areas and interfaces thereof; (d) take appropriate measures for innovations in teaching and learning processes; (e) create an ambience for learning and scholarship in advanced science and technology instead of exclusively focusing on marks or grades; (f) educate and train manpower in scientific and technological fields; (g) establish linkages with industries in India and outside India for the promotion of science and technology; (h) collaborate, in appropriate areas in the field of science and technology, with reputed universities and institutions in India or outsid

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Academy of Scientific and Innovative Research Act, 2011, (Central) Section 4

Title: Objects of Academy

State: Central

Year: 2011

(1) The objects of the Academy shall be to -- (a) disseminate advanced knowledge in science and technology, by providing teaching and research facilities in such branches of learning as it may deem fit, particularly in emerging areas and such areas as may emerge in future; (b) undertake inter-disciplinary studies and research; (c) conduct courses in, and integrate into its courses, inter-disciplinary and multi-disciplinary areas covering natural sciences, life sciences, mathematical and computational sciences, medical sciences, engineering, applied art, humanities, social sciences, law relating to these areas and interfaces thereof; (d) take appropriate measures for innovations in teaching and learning processes; (e) create an ambience for learning and scholarship in advanced science and technology instead of exclusively focusing on marks or grades; (f) educate and train manpower in scientific and technological fields; (g) establish linkages with industries in India and outside India for the promotion of science and technology; (h) collaborate, in appropriate areas in the field of science and technology, with reputed universities and institutions in India or outsid

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Finance Act, 2011, (Central) Section 74

Title: Amendment of Act 32 of 1994

State: Central

Year: 2011

.....by such person and shall proceed to recover such amount in the manner specified in sub-section (1). Explanation.--For the purposes of this sub-section and section 78, specified records means records including computerised data as are required to be maintained by an assessee in accordance with any law for the time being in force or where there is no such requirement, the invoices recorded by the assessee in the books of account shall be considered as the specified records. ; (E) in section 73B, after the first proviso, the following proviso shall be inserted, namely:-- Provided further that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during any of the financial years covered by the notice issued under sub-section (3) of section 73A or during the last preceding financial year, as the case may be, such rate of interest shall be reduced by three per cent. per annum. ; (F) in section 75, the following proviso shall be inserted, namely:-- Provided that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during.....

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Academy of Scientific and Innovative Research Act, 2011, (Central) Section 8

Title: Functions and Powers of Academy

State: Central

Year: 2011

.....as may be necessary; (xxix) to make arrangements for promoting the health and general welfare of the employees; (xxv) to receive grants, benefactions, donations, gifts, bequests and transfer or acquire, hold and manage and dispose of any property movable or immovable, including trust and endowment properties for the purposes of the Academy: Provided that no such grants, benefactions, donations, gifts, bequests and transfer shall be accepted by the Academy which in the opinion of the Board involves conditions or obligations opposed to the spirit and object of this Act; (xxvi) to borrow, on the security of property of the Academy or otherwise, money for the purposes of the Academy or utilise its property for such purposes as are in conformity with the spirit and object of this Act; (xxvii) to do all such other acts and things as may be necessary, incidental or conducive to the attainment of all or any of its objects. (2) In exercising its powers referred to in sub-section (1), it shall be the endeavour of the Academy to maintain an all India character and high standards of teaching and research, and, the Academy shall, among other measures which may be necessary for.....

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Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Amendment Act, 2011, (Central) Section 2

Title: Substitution of New Sections for Sections 15 and 16

State: Central

Year: 2011

.....sections shall be substituted, namely:-- "15. Penalty.-- (1) Whoever wilfully obstructs any person in doing any of the acts authorised by section 4 or section 7 or section 8 or wilfully fills up, destroys, damages or displaces any trench or mark made under section 4 or wilfully does any act prohibited under section 9, shall be punishable with imprisonment for a term which may extend to six months or with fine or with both. (2) Whoever wilfully makes or causes to make any unauthorised connection with or removes, destroys, damages or displaces any pipeline laid under section 7, or wilfully inserts any device to extract petroleum product or minerals from such pipeline, or wilfully disrupts supplies being made through the pipeline, shall be punishable with rigorous imprisonment for a term which may extend to ten years and shall also be liable to fine. (3) If any person convicted of an offence under sub-section (2) is again convicted of an offence under the same provision, he shall be punishable with rigorous imprisonment for the second and for every subsequent offence for a term which shall not be less than three years but which may extend to ten years: Provided that.....

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Academy of Scientific and Innovative Research Act, 2011, (Central) Section 8

Title: Functions and Powers of Academy

State: Central

Year: 2011

.....as may be necessary; (xxix) to make arrangements for promoting the health and general welfare of the employees; (xxv) to receive grants, benefactions, donations, gifts, bequests and transfer or acquire, hold and manage and dispose of any property movable or immovable, including trust and endowment properties for the purposes of the Academy: Provided that no such grants, benefactions, donations, gifts, bequests and transfer shall be accepted by the Academy which in the opinion of the Board involves conditions or obligations opposed to the spirit and object of this Act; (xxvi) to borrow, on the security of property of the Academy or otherwise, money for the purposes of the Academy or utilise its property for such purposes as are in conformity with the spirit and object of this Act; (xxvii) to do all such other acts and things as may be necessary, incidental or conducive to the attainment of all or any of its objects. (2) In exercising its powers referred to in sub-section (1), it shall be the endeavour of the Academy to maintain an all India character and high standards of teaching and research, and, the Academy shall, among other measures which may be necessary for.....

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Finance Act, 2011, (Central) Section 63

Title: Substitution of New Section for Section 11a

State: Central

Year: 2011

.....shall not serve any notice under clause (a) of that sub-section in respect of the duty so paid or any penalty leviable under the provisions of this Act or the rules made thereunder. (3) Where the Central Excise Officer is of the opinion that the amount paid under clause (b) of sub-section (1) falls short of the amount actually payable, then, he shall proceed to issue the notice as provided for in clause (a) of that sub-section in respect of such amount which falls short of the amount actually payable in the manner specified under that sub-section and the period of one year shall be computed from the date of receipt of information under sub-section (2). (4) Where any duty of excise has not been levied or paid or has been short-levied or short-paid or erroneously refunded, by the reason of-- (a) fraud; or (b) collusion; or (c) any wilful mis-statement; or (d) suppression of facts; or (e) contravention of any of the provisions of this Act or of the rules made thereunder with intent to evade payment of duty, by any person chargeable with the duty, the Central Excise Officer shall, within five years from the relevant date, serve notice on such person requiring him to.....

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Finance Act, 2011, (Central) Section 30

Title: Amendment of Section 245d

State: Central

Year: 2011

In section 245D of the Income-tax Act, after sub-section (6A), the following sub-section shall be inserted with effect from the 1st day of June, 2011, namely:-- "(6B) The Settlement Commission may, at any time within a period of six months from the date of the order, with a view to rectifying any mistake apparent from the record, amend any order passed by it under sub-section (4): Provided that an amendment which has the effect of modifying the liability of the applicant shall not be made under this sub-section unless the Settlement Commission has given notice to the applicant and the Commissioner of its intention to do so and has allowed the applicant and the Commissioner an opportunity of being heard.".

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Finance Act, 2011, (Central) Section 35

Title: Amendment of Section 22d of Act 27 of 1957

State: Central

Year: 2011

In section 22D of the Wealth-tax Act, 1957, after sub-section (6A), the following sub-section shall be inserted with effect from the 1st day of June, 2011, namely:-- "(6B) The Settlement Commission may, at any time within a period of six months from the date of the order, with a view to rectifying any mistake apparent from the record, amend any order passed by it under sub-section (4): Provided that an amendment which has the effect of modifying the liability of the applicant shall not be made under this sub-section unless the Settlement Commission has given notice to the applicant and the Commissioner of its intention to do so and has allowed the applicant and the Commissioner an opportunity of being heard.".

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Coinage Act, 2011, (Central) Section 14

Title: Prohibition and Penalty for Unlawful Making, Issue or Possession of Pieces of Metal to Be Used as Money

State: Central

Year: 2011

(1) No person shall-- (a) make or issue or attempt to issue any metal piece except as provided under section 4 for the purpose of coin; (b) possess, custody or control of any metal piece with the intent to issue the piece for use as money for a medium of exchange. (2) Whoever contravenes the provisions of sub-section (1) shall be punishable with imprisonment which may extend to one year or with fine or with both: Provided that if any person convicted under this section is again convicted, he shall be punishable with imprisonment which may extend to three years or with fine or with both.

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