Bare Act Search Results

Finance Act, 1989 Complete Act

State: Central

Year: 1989

.....is payable by the State Government; (g) "trading company" means a company whose business .consists mainly in dealing in goods or merchandise manufactured, produced or processed by a person other than that company and whose income attributable to such business included in its gross total income (as defined insection 80B of the Income-tax Act) is not less than fifty-one per cent. of the amount of such gross total income; (h) all other words and expressions used in this section or in the First Schedule but not defined in this sub-section and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. SECTION 03: 03-25 - [Amended the following sections of the Income-tax Act, which are being in- corporated in the principal Act hence not printed here at. Sections affected are2,10,16,17, 32AB, 36, 43B, 44BBB (ins.), 48, 54(E), 57, 80C, 80CC, 80JJ (ins.), 80A, 115B; 115J, 153, 192, 193, 263, 285B, S. 25 made consequential amendments to certain sections]. SECTION 26: APPLICATION OF THE INCOME-TAX ACT TO THE STATE OF SIKKIM - Notwithstanding anything contained in the notification of the Government jf India in the Ministry of Home Affairs, No. S.O......