Bare Act Search Results

Finance Act, 1982 Chapter V

Title: Miscellaneous

State: Central

Year: 1982

.....agent at the Post Office.". Section 55 - Amendment Of Act 47 Of 1961 In section 30 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, in sub-section (2), for the words "and for four accounting years following that year", the words "for that accounting year and for eight accounting years following that year" shall be substituted. Section 56 - Amendment Of Act 52 Of 1963 In section 32 of the Unit Trust of India Act, 1963, - (1) in sub-section (1), with effect from the 1st day of April, 1983, - (a) in clause (b), for the words "two thousand rupees", the words "three thousand rupees" shall be substituted; (b) in clause (ba), for the words "twenty-five thousand rupees", the words "thirty-five thousand rupees" shall be substituted; (2) in sub-section (2), in clause (c), in sub-clauses (i) and (ii) for the words "five thousand rupees", the words seven thousand rupees" shall be substituted with effect from the 1st day of June, 1982. Section 57 - Bank Of Bhutan To Be Exempt From Liability To Pay Income-Tax On Certain Income Notwithstanding anything contained in the Income-tax Act, the Bank of Bhutan constituted under the Royal Charter of the Bank.....

Finance Act, 1982 Section 54

Title: Amendment of Act 6 of 1898

State: Central

Year: 1982

.....of the post card except the righthand half of the address-side thereof. Book, Pattern and Sample packets For the first fifty grams or fraction Thereof 30 paise. For every additional twenty-five grams or fraction thereof, in excess of fifty grams 15 paise. Registered Newspapers For a weight not exceeding fifty grams 5 paise. For a weight exceeding fifty grams but not exceeding one hundred grams 15 paise. For every additional one hundred grams or fraction thereof, exceeding one hundred grams 10 paise. In the case of more than one copy of the same issue of a registered newspaper being carried in the same packet - for a weight not exceeding one hundred grams 15 paise; for every additional one hundred grams or fraction thereof, in excess of one hundred grams 10 paise : Provided that such packet shall not be delivered at.....

Maharashtra Kidney Transplantation Act, 1982 Complete Act

State: Maharashtra

Year: 1982

.....or a local authority or any registered medical practitioner, for anything which is in good, faith done or intended to be done in pursuance of this Act or the rules made thereunder. SECTION 10: RULES (1) The State Government may, by notification in the Official Gazette, and subject to the condition of previous publication, make rules for the purpose of giving effect to the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing provisions, such rules may provide for, (a) the form and the manner in which the person lawfully in possession of the body of the deceased person may authorise the removal of the kidneys for therapeutic purposes; (b) the form and the manner in which a near relative of a deceased person may object to the deceased person's kidneys being used for therapeutic purposes; (c) the form and the manner in which any authority for removal of the kidneys under this Act may be given on behalf of the person having the control or management of an approved institution by any officer or person designated in that behalf by the person having the control or management of the approved institution; (d) the manner in which the Coroner.....

Finance Act, 1982 Complete Act

State: Central

Year: 1982

.....1982-83 Be it enacted by Parliament in the Thirty-third Year of the Republic of India as follows: SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called The Finance Act, 1982. (2)Sections 2-to29-,Sections 31-to42-andSections 55-to57-shall, save as otherwise provided in this Act, be deemed to have come into force on the 1st day of April, 1982, andSection 30-shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. 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, 1982, income-tax shall be charged at the rates specified in Part I of the First Schedule and shall be increased, - (a) in the cases to which Paragraphs A, B, C and D of that Part apply, by a surcharge for purposes of the Union; and (b) in the cases to which Paragraph E of that Part applies, by a surcharge, calculated in each case in the manner provided therein: (2) In the cases to which sub-paragraph I or sub-paragraph II of Paragraph A of Pan I of the First Schedule applies, where the asscssee has, in the previous year, any net agricultural income exceeding.....

Finance Act, 1982 Chapter III

Title: Direct Taxes

State: Central

Year: 1982

.....and the rate at which the amount of deduction under sub-section (1) is to be calculated, the Central Government shall have regard to the following factors, namely :- (a) the cost of manufacture or production of such goods or merchandise and prices of similar goods or merchandise in the foreign markets; (b) the need to develop foreign markets for such goods or merchandise; (c) the need to earn foreign exchange; (d) any other relevant factor. (5) The deduction under sub-section (1) for any assessment year shall not exceed ten per cent. of the amount of income-tax otherwise payable by the assessee for that assessment year on the amount of profits and gains derived from the export of such goods or merchandise out of India. Explanation : For the purposes of this sub-section, the amount of income-tax otherwise payable by the assessee for an assessment year on the profits and gains derived from the export of such goods or merchandise out of India shall be - (a) in a case where the total income for that assessment year consists only of such profits and gains, the amount of income-tax chargeable (without any deduction under this section) on the total income; (b) in a case.....

Finance Act, 1982 Section 18

Title: Insertion of New Section 80hhb

State: Central

Year: 1982

.....other than an Indian company or a co-operative society, such accounts have been audited by an accountant as defined in the Explanation below sub-section (2) of section 288 and the assessee furnishes, along with his return of income, the report of such audit in the prescribed form duly signed and verified by such accountant; (ii) an amount equal to twenty-five per cent. of the profits and gains referred to in sub-section (1) is debited to the profits and loss account of the previous year in respect of which the deduction under this section is to be allowed and credited to a reserve account (to be called the "Foreign Projects Reserve Account") to be utilised by the assessee during a period of five years next following for the purposes of his business other than for distribution by way of dividends or profits; (iii) an amount equal to twenty-five per cent. of the profits and gains referred to in sub-section (1) is brought by the assessee in convertible foreign exchange into India, in accordance with the provisions of the Foreign Exchange Regulation Act, 1973 (46 of 1973), and any rules made thereunder, within a period of six months from the end of the previous year referred.....