Bare Act Search Results

Industrial Reconstruction Bank of India Act, 1984 Section 57

Title: Act 54 of 1969 Not to Apply to the Expansion or Amalgamation of Certain Undertakings

State: Central

Year: 1984

No provision of the Monopolies and Restrictive Trade Practices Act, 1969, in relation to the amalgamation, merger, modernisation or expansion of any undertaking to which Part III of that Act applies, shall apply when such amalgamation, merger, modernisation or expansion of such undertaking, takes place as a result of any sale, lease, purchase, amalgamation or merger in accordance with the provisions of this Act.

Monopolies and Restrictive Trade Practices Act, 1969 Section 21

Title: Expansion of Undertakings

State: Central

Year: 1969

1[***]21. Expansion of undertakings ________________________ 1. " Part A" (consisting of sections 20 to 26) omitted by Act 58 of 1991, section 8 w.r.e.f. 27-9-1991

Coffee Act, 1942 Complete Act

State: Central

Year: 1942

.....under the control of the Union of the coffee industry]; It is hereby enacted as follows: SECTION 01: SHORT TITLE, EXTENT AND DURATION -(1) This Act may be called The3[Coffee Act], 1942. (2) It extends7to4[the whole of India5[except the State of Jammu and Kashmir]]. (3)6[* * * * *] SECTION 02: DECLARATION AS TO EXPEDIENCY OF UNION CONTROL 8- It is hereby declared that it is expedient in the public interest that the Union should take under its control the Coffee Industry.] SECTION 03: DEFINITIONS - In .this Act unless there is any thing repugnant in the subject or context (a) "the Board" means the9[10[* *] Coffee Board] constituted under section 4-; 11[(aa) "Chairman" means the Chairman of the Board;] (b) "Coffee" means the commodity derived from the fruit of the rubiaceous plant known by that name, and includes raw coffee, cured coffee, uncured coffee, roasted coffee and prepared coffee; 13(c) "Collector" means a Collector of Customs as defined in clause (8) of Section 2 of the Customs Act, 1962 (52 of 1962) (d) "curing" means the application to raw coffee of mechanical processes other than pulping for the purpose of preparing it for marketing; (e) "curing.....

The Madras Irrigation (Levy of Betterment Contribution) Act, 1955 Complete Act

State: Kerala

Year: 1955

..... Explanation 1:- A land shall be deemed to be benefited notwithstanding that the benefit is not enjoyed provided such non-enjoyment is due solely to action or inaction on the part of the person or persons interested in such land. Explanation 2:- A land shall not be deemed to be benefited merely by reason of the maintenance of an existing work wholly or partly at the expense of the Government. Section 4 - Amount of betterment contribution (1) The lands benefited by the construction, expansion or alteration of any work shall be divided into suitable classes by the Government and the annual increase the gross produce of each class of lands shall be estimated: Provided that all lands which are of the same taram and which judged by their commandability, are so situated as to derive the same amount of benefit from the work shall be placed in the same class. Provided further that the estimate shall be made with reference to the average of the prices prevailing, in the case of a work whose construction expansion or alteration was completed before the commencement of this Act, during the three years immediately preceding such commencement and, in the case of a work whose.....

Income Tax Act, 1961 Chapter VIA

Title: Deductions to Be Made in Computing Total Income

State: Central

Year: 1961

.....any premium or other payment made on an insurance policy other than a contract for a deferred annuity as is not in excess of twenty per cent of the actual capital sum assured. Explanation : In calculating any such actual capital sum assured, no account shall be taken (i) of the value of any premiums agreed to be returned, or (ii) of any benefit by way of bonus or otherwise over and above the sum actually assured, which is to be or may be received under the policy by any person. (4) The persons referred to in sub-section (2) shall be the following, namely: (a) for the purposes of clauses (i), (v), (x) and (xi) of that sub-section, (i) in the case of an individual, the individual, the wife or husband and any child of such individual, and (ii) in the case of a Hindu undivided family, any member thereof; (b) for the purposes of clause (ii) of that sub-section, in the case of an individual, the individual, the wife or husband and any child of such individual; (c) for the purpose of clause (xvii) of that sub-section, in the case of an individual, any two children of such individual. (5) Where, in any previous year, an assessee (i) terminates his contract of insurance.....

Industries (Development and Regulation) Act, 1951 Complete Act

State: Central

Year: 1951

.....SECTION 09: IMPOSITION OF CESS ON SCHEDULED INDUSTRIES IN CERTAIN CASES (1) There may be levied and collected as a cess for the purposes of this Act on all goods manufactured or produced in any such scheduled industry as may be specified in this behalf by the Central Government by notified order a duty of excise at such rate as may be specified in the notified order, and different rates may be specified for different goods or different classes of goods: Provided that no such rate shall in any case exceed 13 paise per cent of the value of the goods. (2) The cess shall be payable at such intervals, within such time and in such manner as may be prescribed, and any rules made in this behalf may provide for the grant of a rebate for prompt payment of the cess. (3) The said cess may be recovered in the same manner as an arrear of land revenue. (4) The Central Government may hand over the proceeds of the cess collected under this section in respect of the goods manufactured or produced by any scheduled industry or group of scheduled industries to the Development Council established for that industry or group of industries, and where it does so, the Development Council shall utilise.....

The Orissa Town Planning & Improvement Trust Act, 1956 Complete Act

State: Orissa

Year: 1956

.....The Trust may enter into and perform all such contracts as it may consider necessary or expedient for carrying out any of the purposes of this Act. Section 21 - Execution of contracts and approval of Committee (1) Every contract shall be made on behalf of the Trust by, the Chairman: Provided that: (a) a contract involving an expenditure exceeding three thousand rupees but not exceeding one lakh rupees shall not be made by the Chairman without the previous sanction of the Trust; and (b) a contract involving an expenditure exceeding one lakh rupees shall not be made by the Chairman without the previous sanction of the trust and the State Government. (2) Every estimate for expenditure of any sum for carrying out any of the purposes of this Act shall be subject to the approval of the authority or authorities empowered under Sub-section (1) to make or as the case may be to sanction the making of a contract involving the expenditure of a like sum. (3) Sub-sections (1) and (2) shall apply to every variation or abandonment of a contract or estimate as well as to an original contract or estimate. Section 22 - Further provisions as to execution of contract (1) Every contract made by.....

Madras Irrigation (Levy of Betterment Contribution) Act, 1955 (3 of 1955) Complete Act

State: Tamil Nadu

Year: 1955

.....Collectors or other authorities; (b) for the provision of such appeals and revision as may be found necessary in respect of the orders passed by any authority to whom powers may be so delegated; (c) for the manner of estimating the gross produce and prices under section 4; (d) for all matters expressly required or allowed by this Act to be prescribed. (2)All rules made under this section shall be published in the Fort St. George Gazette and upon such publication shall have effect as if enacted in this Act. The rules so made shall be placed on the table of the Legislative Assembly as soon as possible after they are published and shall be subject to such modifications, whether by way of repeal or amendments, as the Assembly may make within fourteen days during the session in which they are so laid. Tamil Nadu State Acts

The Sikkim Industrial Promotion & Incentive (Amendment) Act, 2003 Complete Act

State: Sikkim

Year: 2003

.....means separately identifiable investment made by an existing industrial unit in the fixed capital assets to set up a project for manufacturing of new products (s) provided that the additional investment in the fixed assets is not less than 25% of the gross fixed capital and increase of additional employment is at least by 10%. (ddd) "Expansion" of an industrial units means additional fixed unit. For the purpose of calculation, Gross value of all the capital investment made on land, building and plant machinery of the existing unit will be taken into consideration. Expansion shall also imply an increase of at least 25% in the existing installed capacity as well as increase of additional employment of at least by 10% . Prior to going for expansion, the units should be operating at least at a minimum of 80% capacity during the three previous years." (ii) after clause (e), the following clause shall be inserted, namely:- "(ee) "Modernization" means separately identifiable investment made by an existing industrial unit in the fixed capital technology having a definite advantage in reduction of cost of production provided that the additional investment in the fixed.....

CUSTOMS TARIFF ACT 1975 Chapter 98

Title: PROJECT IMPORTS; LABORATORY CHEMICALS; PASSENGERS' BAGGAGE; PERSONAL IMPORTATIONS BY AIR OR POST; SHIP STORES

State: Central

Year: 1975

.....one or more specific contracts, which have been registered with the appropriate Custom House in the manner specified in regulation 5 and such contract or contracts has or have been so registered,- (i) before any order is made by the proper officer of customs permitting the clearance of the goods for home consumption; (ii) in the case of goods cleared for home consumption without payment of duty subject to re-export in respect of fairs, exhibitions, demonstrations, seminars, congresses and conferences, duly sponsored or approved by the Government of India or Trade Fair Authority of India, as the case may be, before the date of payment of duty. 5. Registration of contracts. (1) Every importer claiming assessment of the goods falling under the said heading No. 98.01, on or before their importation shall apply in writing to the proper officer at the port where the goods are to be imported or where the duty is to be paid for registration of the contract or contracts, as the case may be: Provided that in the case of consignments sought to be cleared through a Custom House other than the Custom House at which the contract is registered, the importer shall produce from the.....