Bare Act Search Results

Securities and Exchange Board of India Act, 1992 Section 12

Title: Registration of Stock-brokers, Sub-brokers, Share Transfer Agents,etc.

State: Central

Year: 1992

.....may continue to buy or sell securities or otherwise deal with the securities market until such time regulations are made under clause (d) of sub-section (2) of section 30. (1B) No person shall sponsor or cause to be sponsored or carry on or cause to be carried on any venture capital funds or collective investment scheme including mutual funds, unless he obtains a certificate of registration from the Board in accordance with the regulations: Provided that any person sponsoring or cause to be sponsored, carrying or causing to be carried on any venture capital funds or collective investment scheme operating in the securities market immediately before the commencement of the Securities Laws (Amendment) Act, 1995 for which no certificate of registration was required prior to such commencement, may continue to operate till such time regulations are made under clause (d) of subsection (2) of section 30.] (2) Every application for registration shall be in such manner and on payment of such fees as may be determined by regulations. (3) The Board may, by order, suspend or cancel a certificate of registration in such manner as may be determined by regulations: Provided that no.....

The Sikkim Excise Act, 1992 Complete Act

State: Sikkim

Year: 1992

.....Assembly having received the assent of the Governor on 27th day of March, 1992, is hereby published for general information:" THE SIKKIM EXCISE ACT, 1992 (ACT NO. 2 OF 1992) An Act to provide for the manufacture, possession, sale, transport, import and export of alcoholic liquor and imposition of duty of excise therein and for matters connected therewith and incidental thereto. Be it enacted by the Legislature of Sikkim in the Forty-third Year of the Republic of India as follows :- CHAPTER I Preliminary Short title, extent and commencement. 1. (1) This. Act may be called the Sikkim Excise Act, 1992. (2) It extends to the whole of Sikkim. (3) It shall come into force on such date as the Government may, by notification, appoint, Definitions 2. In this Act, unless the context otherwise requires,- (a) ''Beer" includes ale, s tout, porter and all other fermented liquor usually made from malt; (b) "to bottle" means to transfer liquor from a cask or other vessel to a bottle or other receptacle for the purpose of sale, whether any process of rectification fee employed or not, and includes rebottling; (c) "denaturant" means any substance as may be.....

Finance Act, 1992 Complete Act

State: Central

Year: 1992

.....Be it enacted by Parliament in the Forty-third Year of the Republic of India as follows :--- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called The Finance Act. 1992. (2) Save as otherwise provided in this Act Sections 2-to108,116and117[except sections61.109. sub-section (1) of section 110andsections 112and113shall be deemed to have come into force on the 1st day of April, 1992. 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. 1992, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income- tax calculated under section 88 of the Income-tax Act. 1961(hereinafter referred to as the Income-tax Act) 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 Paragraphs A, B. 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 Part I of the First Schedule applies, where the.....

The Tamil Nadu Tax on Professions, Trades, Callings and Employments Act, 1992 Complete Act

State: Tamil Nadu

Year: 1992

.....TAMIL NADU TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1992 THE TAMIL NADU TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1992 (ACT NO.24 OF 1992) [Received the assent of the Governor on the 12th June, 1992 and published in the Tamil Nadu Government Gazette Extraordinary No.355, dated 15th June,1992 at Page Nos. 91 to 105.] An act to consolidate and to provide for the levy and collection of tax on professions, trades, callings and employments in this State. WHEREAS it is expedient to provide for the levy and collection of a tax on professions, trades, callings and employments; BE it enacted by the Legislative Assembly of the State of Tamil Nadu in the Forty third Year of the Republic of India as follows :- 1. Short title, extent and commencement - (1) This Act may be called the Tamil Nadu Tax on Professions, Trades, Callings and Employments Act, 1992. (2) It extends to the whole of the State of Tamil Nadu. (3) It shall be deemed to have come into force on the 1st day of April 1992. Notes Constitutional validity of the Act :- As per Entry 60, the relevant tax is only on professions, trades, callings and employments and not.....

Finance Act, 1992 Chapter III

Title: Direct Taxes Income-tax

State: Central

Year: 1992

.....section 3 of the Companies Act, 1956 (1 of 1956); (c) "Government company" shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956).'. Section 15 - Amendment Of Section 37 In section 37 of the Income-tax Act, for sub-sections (2) and (2A), the following sub-section shall be substituted with effect from the 1st day of April, 1993, namely :- '(2) Notwithstanding anything contained in sub-section (1), any expenditure in the nature of entertainment expenditure incurred by any assessee during any previous year commencing on the 1st day of April, 1992 shall be allowed as follows :- (a) where the amount of such expenditure does not exceed ten thousand rupees, the whole of such amount; (b) in any other case, ten thousand rupees as increased by a sum equal to fifty per cent. of such expenditure in excess of ten thousand rupees. Explanation : For the purposes of this sub-section, "entertainment expenditure" includes - (i) the amount of any allowance in the nature of entertainment allowance paid by the assessee to any employee or other person; (ii) the amount of any expenditure in the nature of entertainment expenditure [not being.....

Securities and Exchange Board of India Act, 1992 Complete Act

State: Central

Year: 1992

.....Section 3 of the Reserve Bank of India Act, 1934 (2 of 1934). (i) "securities" has the meaning assigned to it in section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956). 3[(2) Words and expressions used and not defined in this Act but defined in the Securities Contracts (Regulation) Act, 1956 (42 of 1956)2[or the Depositories Act, 1996], shall have the meanings respectively assigned to them in that Act.] CHAPTER 2 ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA SECTION 03: ESTABLISHMENT AND INCORPORATION OF BOARD (1) With effect from such date as the Central Government may, by notifica- tion, appoint, there shall be established, for the purposes of this Act, a Board by the name of the Securities and Exchange Board of India. (2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued. (3) The head office of the Board shall be at Bombay. (4) The Board may establish offices at other places in India. SECTION 04:.....

Finance Act, 1992 Section 24

Title: Substitution of New Section for Section 48

State: Central

Year: 1992

For section 48 of the Income-tax Act, the following section shall be substituted with effect from the 1st day of April, 1993, namely :- 48. Mode of computation. - The income chargeable under the head "Capital gains" shall be computed, by deducting from the full value of the consideration received or accruing as a result of the transfer of the capital asset the following amounts, namely :- (i) expenditure incurred wholly and exclusively in connection with such transfer; (ii) the cost of acquisition of the asset and the cost of any improvement thereto : Provided that in the case of an assessee, who is a non-resident, capital gains arising from the transfer of a capital asset being shares in, or debentures of, an Indian company shall be computed by converting the cost of acquisition, expenditure incurred wholly and exclusively in connection with such transfer and the full value of the consideration received or accruing as a result of the transfer of the capital asset into the same foreign currency as was initially utilised in the purchase of the shares or debentures, and the capital gains so computed in such foreign currency shall be reconverted into Indian currency, so.....

Securities and Exchange Board of India Act, 1992 Chapter V

Title: Registration Certificate

State: Central

Year: 1992

.....may continue to buy or sell securities or otherwise deal with the securities market until such time regulations are made under clause (d) of sub-section (2) of section 30. (1B) No person shall sponsor or cause to be sponsored or carry on or cause to be carried on any venture capital funds or collective investment scheme including mutual funds, unless he obtains a certificate of registration from the Board in accordance with the regulations: Provided that any person sponsoring or cause to be sponsored, carrying or causing to be carried on any venture capital funds or collective investment scheme operating in the securities market immediately before the commencement of the Securities Laws (Amendment) Act, 1995 for which no certificate of registration was required prior to such commencement, may continue to operate till such time regulations are made under clause (d) of subsection (2) of section 30.] (2) Every application for registration shall be in such manner and on payment of such fees as may be determined by regulations. (3) The Board may, by order, suspend or cancel a certificate of registration in such manner as may be determined by regulations: Provided that no.....

THE KERALA PUBLIC MEN'S CORRUPTION (INVESTIGATIONS AND INQUIRIES) AMENDMENT ACT, 1992 Complete Act

State: Kerala

Year: 1992

.....AMENDMENT ACT, 1992 ( Pub. in K.G. Ex. No. 449 dated 12-4-1992.) THE KERALA PUBLIC MEN'S CORRUPTION (INVESTIGATIONS AND INQUIRIES) AMENDMENT ACT, 1992 [Act No. 4 of 1992] PREAMBLE An Act further to amend the Kerala Public Men's Corruption (Investigations and inquiries) Act, 1987. Preamble.- WHEREAS it is expedient further to amend the Kerala Public Men's Corruption (Investigations and Inquiries) Act, 1987 for the purposes hereinafter appearing; Be it enacted in the Forty-third Year of the Republic of India as follows:- Section 1 - Short title and commencement (1) This Act may be called the Kerala Public Men's Corruption (Investigations and Inquiries) Amendment Act, 1992. (2) The provisions of Ss. 3, 4, 8, 10 and 11 shall be deemed to have come into force on the 11th day of December, 1991 and the remaining provisions of this Act shall come into force at once and the reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. Section 2 - Amendment of S.2 In S.2 of the Kerala Public Men's Corruption (Investigations and Inquiries) Act, 1987 (24 of 1988) (hereinafter referred.....

Finance Act, 1992 Section 89

Title: Amendment of Section 2

State: Central

Year: 1992

.....Official Gazette, but does not include land on which construction of a building is not permissible under any law for the time being in force in the area in which such land is situated or the land occupied by any building which has been constructed with the approval of the appropriate authority or any unused land held by the assessee for industrial purposes for a period of two years from the date of its acquisition by him;'; (c) in clause (m), for the portion beginning with the words "on the valuation date other than -" and ending with the words, brackets, figures and letter "under sub-section (1A) of section 5;"; the words "on the valuation date which have been incurred in relation to the said assets;" shall be substituted.