Bare Act Search Results

Companies Donations to National Funds Act 1951 Preamble 1

Title: Companies (Donations to National Funds) Act, 1951

State: Central

Year: 1951

THE COMPANIES (DONATIONS TO NATIONAL FUNDS) ACT, 1951 [Act, No. 54 of 1951] [17th October, 1951] PREAMBLE An Act to enable companies to make donations to national funds. BE it enacted by Parliament as follows:--

Companies Donations to National Funds Act 1951 Complete Act

Title: Companies Donations to National Funds Act 1951

State: Central

Year: 1951

Preamble1 - COMPANIES (DONATIONS TO NATIONAL FUNDS) ACT, 1951 Section1 - Short title and extent Section2 - Definitions Section3 - Power of companies to make donations to certain National Funds Section4 - Repeal of Act XXXV of 1948

Companies Donations to National Funds Act 1951 Section 3

Title: Power of Companies to Make Donations to Certain National Funds

State: Central

Year: 1951

Any company may, notwithstanding anything contained in the Companies Act or in any other law for the time being in force regulating the affairs thereof, and notwithstanding that the memorandum or articles of association of the company do not enable it so to do, by an extraordinary resolution passed in accordance with the provisions contained in section 81 of the Companies Act, authorise the making of donations to the Gandhi National Memorial Fund or the Sardar Vallabhabhai National Memorial Fund, or to any other Fund established for a charitable purpose which by reason of its national importance has been approved by the Central Government for the purposes of this section.

Income Tax Act, 1961 Section 80G

Title: Deduction in Respect of Donations to Certain Funds, Charitable Institutions, Etc.

State: Central

Year: 1961

.....to the donation, any part of the income of the institution or fund has become chargeable to tax due to non-compliance with any of the provisions of section 11, section 12 or section 12A ; (ii) that, under clause (c) of sub-section (1) of section 13, the exemption under section 11 or section 12 is denied to the institution or fund in relation to any income arising to it from any investment referred to in clause (h) of sub-section (2) of section 13 where the aggregate of the funds invested by it in a concern referred to in the said clause (h) does not exceed five per cent of the capital of that concern. Explanation 3 : In this section, charitable purpose does not include any purpose the whole or substantially the whole of which is of a religious nature. 34[Explanation 4 : For the purposes of this section, an association or institution having as its object the control, supervision, regulation or encouragement in India of such games or sports as the Central Government may, by notification in the Official Gazette, specify in this behalf, shall be deemed to be an institution established in India for a charitable purpose.] Explanation 5 : For the removal of doubts, it is hereby.....

Companies (Donations to National Funds) Act, 1951 Complete Act

State: Central

Year: 1951

.....law for the time being in force regulating the affairs thereof, and notwithstanding that the memorandum or articles of association of the company do not enable it so to do, by an extraordinary resolution passed in accordance with the provisions scontained in section 81 of the Companies Act-, authorise the making of donations to the Gandhi National Memorial Fund or the Sardar Vallabhabhai National Memorial Fund, or to any other Fund established for a charitable purpose which by reason of its national importance has been approved by the Central Government for the purposes of this section. SECTION 04: REPEAL OF ACT 35 OF 1948 - [Repealed by the Repealing and Amending Act, 1957 (36 of 1957), S. 2 and Sch. I (17-9-1957).] Central Bare Acts

Income Tax Act, 1961 Section 115BBC

Title: Anonymous Donations to Be Taxed Certain Cases

State: Central

Year: 1961

.....anonymous donation means any voluntary contribution referred to in sub-clause (iia) of clause (24) of section 2, where a person receiving such contribution does not maintain a record of the identity indicating the name and address of the person making such contribution and such other particulars as may be prescribed.] ___________________________ 1. Inserted by the Finance Act, 2006, with effect from 1st April, 2007. 2. Substituted by the Finance (No. 2) Act, 2009, with effect from 1st April, 2010 for the following : - "(i) the amount of income-tax calculated on the income by way of any anonymous donation, at the rate of thirty per cent; and" 3. Substituted by the Finance (No. 2) Act, 2009, with effect from 1st April, 2010 for the following : - "(ii) the amount of income-tax with which the assessee would have been chargeable had his total income been reduced by the amount of income referred to in clause (i)."

THE GANDHI NATIONAL MEMORIAL FUND (LOCAL AUTHORITIES' DONATIONS) ACT, 1953 Complete Act

State: Maharashtra

Year: 1953

..... THE GANDHI NATIONAL MEMORIAL FUND (LOCAL AUTHORITIES' DONATIONS) ACT, 1953 THE GANDHI NATIONAL MEMORIAL FUND (LOCAL AUTHORITIES' DONATIONS) ACT, 1953 (Bom. Act No. XVII of 1953) ( For Statement of Objects and Reasons, See Maharashtra Government Gazette, 1953 Part V, Page.27.) [ 2nd May 1953 ] An Act to authorise the use of contributions or donations made by local authorities to the Gandhi Memorial Fund outside the limits of such local authorities WHEREAS it is expedient to make provisions for authorising use of the contributions or donations made by local authorities in the State of Bombay to the fund known as the Gandhi National Memorial Fund, outside the limits of such loc al authorities; It is hereby enacted as follows :- 1. Short title:- This Act may be called the Gandhi National Memorial Fund (Local Authorities' Donations) Act, 1953. 2. Definitions:- In this Act unless there is anything repugnant to the subject or context,- (1) "the Gandhi National Memorial Fund" means the fund known as the Gandhi National Memorial Fund started under the auspices of the President of the Indian National Congress; (2) "local authority" means a municipal corporation.....

Infant Milk Substitutes, Feeding Bottles and Infant Foods (Regulation Ofproduction, Supply and Distribution) Act, 1992 Section 5

Title: Donations of Infant Milk Substitutes or Feeding Bottles or Equipment or Materials Relating Thereto

State: Central

Year: 1992

Section 5 - Donations of infant milk substitutes or feeding bottles or equipment or materials relating thereto Subject to the provisions of sub-section (4) of section 8, no person shall donate or distribute-- (a) infant milk substitutes or 1 [feeding bottles or infant foods] to any other person except to an orphanage; (b) any informational or educational equipment or material relating lo infant milk substitutes or 1 [feeding bottles or infant foods] Provided that nothing in this clause shall apply to the donation or distribution, subject to such conditions and restrictions as may be prescribed, of such equipment or material through the health care system. ____________________________ 1. Substituted for "feeding bottles" by the Infant Milk Substitutes, Feeding Bottles and Infant Foods (Regulation of Production, Supply and Distribution) Amendment Act, 2003 (38 of 2003).

National Co-operative Development Corporation Act, 1962 Section 12B

Title: Grants, Donations, Etc

State: Central

Year: 1962

1[12B. Grants, donations, etc. (1) The Corporation may receive gifts, grants, donations or benefactions from Government or any other agency in or outside India. (2) The Corporation shall not receive any gifts, grants, donations or benefac­tions from a foreign government or, any other agency outside India except with the previous approval of the Central Government.] ________________________ 1. Inserted by The National Co-Operative Development Corporation (Amndt) Act, 2002 . w.e.f. 14.08.2002.

Companies Act, 1956 Section 581ZH

Title: Donations or Subscription Byproducer Company

State: Central

Year: 1956

(1) A Producer Company may, by special resolution, make donation or subscription to any institution or individual for the purposes of (a) promoting the social and economic welfare of Producer Members or producers or general public; or (b) promoting the mutual assistance principles: Provided that the aggregate amount of all such donation and subscription in any financial year shall not exceed three per cent. of the net profit of the Producer Company in the financial year immediately preceding the financial year in which the donation or subscription was made: Provided further that no Producer Company shall make directly or indirectly to any political party or for any political purpose to any person any contribution or subscription or make available any facilities including personnel or material.