Bare Act Search Results

Finance Act 2008 Chapter III

Title: Direct Taxes

State: Central

Year: 2008

.....such previous year or years preceding the previous year relevant to the assessment year under consideration shall be deemed to be the depreciation actually allowed under this Act for the purposes of this clause; and (c) the depreciation actually allowed under clause (b) shall be adjusted by the amount of depreciation attributable to such revaluation of the asset.". Section 13 - Amendment of section 44AB In section 44AB of the Income -tax Act, in the Explanation, in clause (if), for the figures, letters and words "31st day of October", the figures, letters and words "30th day of September" shall be substituted. Section 14 - Amendment of section 47 In section 47 of the Income-tax Act,-- (a) after clause (x), the following clause shall be inserted, namely:-- (xa) any transfer by way of conversion of bonds referred to in clause (a) of sub-section (1) of section 115AC into shares or debentures of any company;; (b) after clause (xv), the following clause shall be inserted, namely:-- (xvi) any transfer of a capital asset in a transaction of reverse mortgage under a scheme made and notified by the Central Government.. Section 15 - Amendment of section 49 In.....

Pepsu Court of Wards Act, 2008 Bk Complete Act

State: Punjab

Year: 2008

.....repealed shall, so far as may be, be deemed to have been respectively made, issued, conferred, granted, acquired, incurred and done under this Act. (2) Any enactment or document referring to the Patiala Court of Wards Act, 2000, shall, so far as may be, be construed to refer to this Act or the corresponding portion thereof. 3. Definitions: - In this Act, unless there is anything repugnant in the subject or context,- (a) "Financial Commissioner" includes any person exercising the powers of the Financial Commissioner; (b) "Government" means the Government of the State of 1[Punjab]; (1Substituted for "Patiala and East Punjab States Union" by the Punjab Adaptation Laws (State and Concurrent Subjects), Order 1968. (c) "immovable property" includes land, benefits to arise out of land, and things attached to the earth or permanently fastened to anything which is attached to the earth, but does not include growing crops or grass; (d) "land-holder" means a person who possesses any interest in land, whether as proprietor, assignee of the land revenue, lessee of waste lands or otherwise; (e) "minor" means a person who has not, within the meaning of the Patiala.....

Railways (Amendment) Act 2008 Section 3

Title: Insertion of New Chapter Iva

State: Central

Year: 2008

.....boundaries or cutting trenches or clearing away any standing crop, fence or forest or doing such other acts or things which may cause damages while acting under section 20B particularly relating to land which is excluded from acquisition proceeding, shall be evaluated and compensation shall be paid to the persons having interest in that land, within six months from the completion of the said works. 20D. Hearing of objections, etc.-(1) Any person interested in the land may, within a period of thirty days from the date of publication of the notification under sub-section (1) of section 20A, object to the acquisition of land for the purpose mentioned in that sub-section. (2) Every objection under sub-section (1), shall be made to the competent authority in writing, and shall set out the grounds thereof and the competent authority shall give the objector an opportunity of being heard, either in person or by a legal practitioner, and may, after hearing all such objections and after making such further enquiry, if any, as the competent authority thinks necessary, by order, either allow or disallow the objections. Explanation.--For the purposes of this sub-section, "legal.....

Indian Maritime University Act 2008 Schedule I

Title: First Schedule

State: Central

Year: 2008

.....at least once in an academic year preferably in the beginning of that year. 43. Ordinance how to be made (1) The first Ordinances made under sub-section (2) of section 30 may be amended, repealed or added to at any time by the Executive Council in the manner specified below. (2) No Ordinance in respect of the matters enumerated in section 30 other than those enumerated in clause (n) of sub-section (1) thereof, shall be made by the Executive Council unless a draft of such Ordinance has been proposed by the Academic Council. (3) The Executive Council shall not have power to amend any draft of any Ordinance proposed by the Academic Council under clause (2), but may reject the proposal or return the draft to the Academic Council for re-consideration, either in whole or in part, together with any amendment which the Executive Council may suggest. (4) Where the Executive Council has rejected or returned the draft of an Ordinance proposed by the Academic Council, the Academic Council may consider the question afresh and in case the original draft is reaffirmed by a majority of not less than two-thirds of the members present and voting and more than half the total number of.....

Finance Act 2008 Section 11

Title: Amendment of Section 40a

State: Central

Year: 2008

.....year if the payment or aggregate of payments made to a person in a day, exceeds twenty thousand rupees: Provided that no disallowance shall be made and no payment shall be deemed to be the profits and gains of business or profession under sub-section (3) and this sub-section where a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank draft, exceeds twenty thousand rupees, in such cases and under such circumstances as may be prescribed, having regard to the nature and extent of banking facilities available, considerations of business expediency and other relevant factors..

Finance Act 2008 Section 52

Title: Amendment Section 271

State: Central

Year: 2008

In section 271 of the Income-tax Act, after sub-section (1A), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1989, namely:-- (1B) Where any amount is added or disallowed in computing the total income or loss of an assessee in any order of assessment or reassessment and the said order contains a direction for initiation of penalty proceedings under clause (c) of sub-section (1), such an order of assessment or reassessment shall be deemed to constitute satisfaction of the Assessing Officer for initiation of the penalty proceedings under clause (c).

Finance Act 2008 Section 62

Title: Amendment of Section 18

State: Central

Year: 2008

In section 18 of the Wealth-tax Act, after sub-section (1), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1989, namely:-- (1A) Where any amount is added or disallowed in computing the net wealth of an assessee in any order of assessment or reassessment and the said order contains a direction for initiation of penalty proceedings under sub-section (1), such an order of assessment or reassessment shall be deemed to constitute satisfaction of the Assessing Officer for initiation of the penalty proceedings under sub-section (1)..

Indian Maritime University Act, 2008 Complete Act

State: Central

Year: 2008

.....taken upon the result of such inspection or inquiry. (10) Where, the Executive Council or the management, does not, within a reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Executive Council or the management, issue such directions as he may think fit and the Executive Council shall comply with such directions. (11) Without prejudice to the foregoing provisions of this section, the Visitor may, by order in writing, annul any proceeding of the University which is not in conformity with the Act, the Statutes or the Ordinances: Provided that before making any such order, the Visitor shall call upon the Registrar to show cause why such an order should not be made, and, if any cause is shown within a reasonable time, he shall consider the same. (12) Notwithstanding anything contained in the foregoing provisions, the Visitor may give any direction to the University after giving an opportunity to the University as the circumstances warrant. (13) The Visitor shall have such other powers as may be prescribed by the Statutes. Section 10 Officers of the University The following.....

The Veer Surendra Sai University of Technology Act, 2008 Complete Act

State: Orissa

Year: 2008

THE VEER SURENDRA SAI UNIVERSITY OF TECHNOLOGY ACT, 2008 THE VEER SURENDRA SAI UNIVERSITY OF TECHNOLOGY ACT, 2008 AN ACT FOR CONVERTING UNIVERSITY COLLEGE OF ENGINEERING, BURLA INTO A UNITARY UNIVERSITY AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO. BE it enacted by the Legislature of the State of Orissa in the Fifty-ninth Year of the Republic of India as follows:" CHAPTER I PRELIMINARY Short title, extent and commencement. 1 . ( 1 ) This Act may be called the Veer Surendra Sai University of Technology Act, 2008. ( 2 ) It shall extend to the geographical areas of the University College of Engineering, Burla and such other areas within the jurisdiction of Burla Notified Area Council as the State Government may notify. ( 3 ) It shall come into force on such date as the State Government may, by notification appoint. Definitions. 2 . In this Act, unless the context otherwise requires," ( a ) "Academic Council" means the Academic Council of the University; (b) "Alumni" means former students of University College of Engineering, Burla; ( c ) "Board" means the Board of Management of the University; ( d ) "Board of Studies".....