Bare Act Search Results

Karnataka Sales Tax Act, 1957 Chapter V

Title : Returns, Assessment, Payment, Recovery, Composition and Collection of Tax

State : Karnataka

Year : 1957

.....of tax payable by him on the basis of such return as reduced by any tax already paid under section 12B and shall furnish along with the return satisfactory proof of the payment of such tax, 3 [and the tax so payable shall for the purposes of section 13 be deemed to be the tax due under this Act from such dealer]. After the final assessment is made, the amount of tax so paid shall be deemed to have been paid towards the tax finally assessed.] (2) If the assessing authority is satisfied that any return submittedundersub-section (1) is correct and complete, he shall assess the dealer on the basis thereof. (3) If no return is submitted by the dealer under sub-section (1) beforethe date prescribed or specified in that behalf, or if the return submitted by him appears to the assessing authority to be incorrect or incomplete, the assessing authority shall assess the dealer to the best of his judgment, recording the reasons for such assessment: Provided that before taking action under this sub-section the dealer shall be given a reasonable opportunity of proving the correctness and completeness of the return submitted by him. 4 [(4) When making an assessment under sub-section.....

Karnataka Value Added Tax Act, 2003 Section 15

Title : Composition of Tax

State : Karnataka

Year : 2003

.....in the case of a dealer opting for composition of tax under clause (a) or (c) of sub-section (1), the turnover on which tax is leviable under sub-section (2) of section 3 shall be deducted from the total turnover on which an amount as notified is payable under sub-section (1) by way of composition in lieu of the tax payable under 12[the Act;] . 13[(e) a dealer executing works contracts and opting for composition of tax under sub-section (1), shall be liable to pay tax, if any, under sub-section (2) of section 3,in addition to tax by way of composition on the total consideration for the works contracts executed;] _________________________________ 1. Substituted for the words "per annum as may be prescribed" by Karnataka Taxation Laws (Amendment) Act, 2005. 2. Substituted by Act 4 of 2006 w.e.f. 01.04.2006. (a) whose total turnover in a period of four consecutive quarters does not exceed fifteen lakh rupees; or 3. Substituted by Act 6 of 2007 w.e.f. 01.04.2007. "in a period of four consecutive quarters does" 4. Inserted by Act 27 of 2005 w.e.f. 07.06.2005. 5. Inserted by Act 4 of 2006 w.e.f. 01.04.2006. 6. Substituted by Act 4 of 2006 w.e.f. 01.04.2006. .....

Karnataka Sales Tax Act, 1957 Section 17

Title : Composition of Tax [X X X]

State : Karnataka

Year : 1957

.....on being so permitted, he shall pay the amount due in advance during the year in quarterly instalments and shall submit a return as specified in sub-section (1) of section 12. (b) The amount paid under clause (a) shall be subject to such adjustment as may be prescribed on the completion of final assessment. (3) Every dealer complying with the provisions of clause (a) of sub-section (2) shall be assessed on the basis of return submitted in accordance with sub-section (1) of section 12, and such dealer shall not be required to appear or produce the books of accounts before the assessing authority.] 7 [Explanation.---x x x]] [Explanation.---x x x]] 8 [(3A) x x x] 9 [(4) 10 [(i) Notwithstanding anything contained in sub-sections (1) to (3), but subject to such conditions and in such circumstances as may be prescribed, the assessing authority of the area may, if a hotelier or a restaurateur (other than a hotelier or a restaurateur engaged in reselling of goods purchased by him in the course of inter-State trade or commerce or a dealer engaged in vending of liquor including beer 11 [a dealer running a sweet meat stall or ice cream parlour] 12 [or a dealer being a woman.....

The Punjab Special Tribunal (Change of Composition) Act, 1950 Complete Act

State : Punjab

Year : 1950

THE PUNJAB SPECIAL TRIBUNAL (CHANGE OF COMPOSITION) ACT, 1950 'THE PUNJAB SPECIAL TRIBUNAL (CHANGE OF COMPOSITION) ACT, 1950 PUNIAB ACT NO. 10 OF 1950 [Received the assent of His Excellency the Governor on the 14th April, 1950, and first published in the Punjab Government Gazette (Extraordinary) of April 15, 1950.] An Act to provide Tor a change in the composition of the East Punjab Special Tribunal. It is hereby enacted as fallows :" Short title and commencement. 1. (I) This Act may be called the Punjab Special Tribunal (Change of Composition ) Act, 1950. (2) It shall come into force at once. 2. In this Act :" Definitions. (a) "principal Ordinance" means the Criminal Law Amendment Ordinance, 1943 (Ordinance No. 29 of 1943) as modified by the East Punjab Special Tribunal (Continuance) Act, 1948 (East Punjab Act No. 29 of 1948); (b) "the Tribunal" means the Tribunal known as the 2[Haryana] Special Tribunal by virtue of paragraph (1) of Article 3 of the Indian Independence (Special Tribunals) Order, 1947. Change of composition of the 'Tribunal 3. (1) As from the 1st of December 1949, the principal Ordinance Change of shall apply in relation to.....

Evacuee Interest Separation Act 1951 [Repealed] Chapter II

Title : Separation of Evacuee Interest in Composite Property

State : Central

Year : 1951

.....or the claimant the amount payable under the mortgage debt and redeem the mortgaged property; or (ii) sell the mortgaged property for satisfaction of the mortgage debt and distribute the sale proceeds thereof; or (iii) partition the property between the mortgagor and the mortgagee having regard to the share to which the mortgagee would be entitled in lieu of his claim; (c) adopt a combination of all or some of the aforesaid measures: Provided that before taking any measure under this section, the competent officer shall take into account the order of preference filed by the claimant under clause (f) of sub-section (2) of section 7; and in any case where the claimant is a mortgagor and tenders the amount due, the competent officer shall accept the same in full satisfaction of the mortgage debt. Section 11 - Vesting of evacuee interest in the Custodian free from encumberances and payments, etc., to be valid discharge from all claims (1) Where in respect of any property, notice under section 6 is issued but no claim is filed or found to exist or where any claim in respect of such property is found to exist and the competent officer separates the evacuee interest.....

Companies Act, 1956 Section 621A

Title : Composition of Certain Offences

State : Central

Year : 1956

.....required to be paid or credited for the compounding of an offence under this sub-section, the sum, if any, paid by way of additional fee under sub-section (2) of section 611 shall be taken into account. (2) Nothing in sub-section (1) shall apply to an offence committed by a company or its officer within a period of three years from the date on which a similar offence committed by it or him was compounded under this section. Explanation.- For the purposes of this section, any second or subsequent offence committed after the expiry of a period of three years from the date on which the offence was previously compounded, shall be deemed to be a first offence. (3) (a) Every application for the compounding of an offence shall be made to the Registrar who shall forward the same, together with his comments thereon to the Central Government. (b) Where any offence is compounded under this section, whether before or after the institution of any prosecution, an intimation thereof shall be given by the company to the Registrar within seven days from the date on which the offence is so compounded. (c) Where any offence is compounded before the institution of any prosecution, no.....

Agricultural Income-tax Act, 1957 Section 66

Title : Composition of Agricultural Income Tax

State : Karnataka

Year : 1957

.....and shall not be eligible to carry forward any loss or unabsorbed depreciation of any of the previous years. (7) The assessment of tax under this section on the fraction of an acre shall be made proportionately and tax payable shall be rounded off to the nearest rupee; (8) When there is any change in the extent of land during the previous year the maximum extent of land held for not less than one hundred and eighty days during the later period of the previous year shall be deemed to be the extent of land held during the previous year for the purpose of assessment of tax under this section. (9) If for any reasons, extent of land in respect of which composition is permissible under this section, has escaped composition or composition has been permitted at a lower rate, the provisions of section 36 shall apply as if it were an escape of agricultural income under the Act.] _________________________ 1. Section 66 Inserted by Act 23 of 1985 w.e.f. 1.4.1985. 2. Substituted by Act 5 of 2000 w.e.f. 1.4.2000. 3. Omitted by Act 10 of 1987 w.e.f. 1.4.1985. 4. Inserted by Act 18 of 1994 w.e.f. 1.4.1994. 5. Substituted by Act 18 of 1994 w.e.f. 1.4.1994. 6. Inserted by Act.....

Presidency-towns Insolvency Act, 1909 Section 32

Title : Limitation of Effect of Composition or Scheme

State : Central

Year : 1909

Notwithstanding the acceptance and approval of a composition or scheme, the composition or scheme shall not be binding on any creditor so far as regards a debt or liability from which, under the provisions of this Act, the insolvent would not be discharged by an order of discharge in insolvency, unless the creditor assents to the composition or scheme.

Karnataka Motor Vehicles Taxation Act, 1957 Section 16A

Title : Composition of Tax

State : Karnataka

Year : 1957

Section 16A - Composition of tax 1[16A. Composition of tax (1) Notwithstanding anything contained in section 3, any person liable to pay tax on any motor vehicle under this Act, may at his option, instead of paying tax under the said section, pay such tax by way of composite amount, in respect of such class or classes of motor vehicles, as may be specified by the State Government, by notification, from time to time, subject to such conditions or restrictions as may be specified therein. (2) Every notification issued under sub-section (1) shall be laid before each House of the State Legislature in the manner specified in sub-section (2) of section 16.] _______________________________ 1. Inserted by Act 20 of 1994 w.e.f. 1.4.1994.

Karnataka Silkworm Seed, Cocoon and Silk Yarn (Regulation of Production, Supply, Distribution and Sale) Act, 1959 Section 14

Title : Composition of Offences

State : Karnataka

Year : 1959

Section 14 - Composition of offences (1) Any offence punishable under this Act may be compounded by the1[Director of Sericulture in Karnataka] or such other officer as may be prescribed on payment of such amount, not exceeding the amount of fine payable for such offence, as may be determined by the Director or such other officer. (2) On the composition of an offence under sub-section (1), the person concerned, if in custody, shall be set at liberty, and if proceedings in any criminal court have been instituted against such person in respect of the offence, the composition shall be deemed to amount to an acquittal and no further proceedings shall be taken against such person in respect of such offence. __________________________ 1. Adopted by the Karnataka adaptations of laws order 1973 w.e.f. 1.11.1973.