Title : Amendment of Section 37
State : Central
Year : 1970
In section 37 of the Income-tax Act, - (a) in the Explanation to sub-se'ction (2A), for the words "For the purposes of this sub-section", the words, brackets, figure and letter "For the purposes of this sub-section and sub-section (2B)" shall be substituted; (b) after sub-section (2A), the following sub-section shall be inserted, namely :- "(2B) Notwithstanding anything contained in this section, no allowance shall be made in respect of expenditure in the nature of entertainment expenditure incurred within India by any assessee after the 28th day of February, 1970."; (c) after sub-section (3), the following sub-section shall be inserted, namely :- (4) Notwithstanding anything contained in sub-section (1) or sub-section (3), - (i) no allowance shall be made in respect of any..... View Complete Act List Judgments citing this sectionTitle : Charge of Agricultural Income-tax
State : Karnataka
Year : 1957
(1) Agricultural Income-tax at the rate or rates specified in1[x x x] the Schedule to this Act shall be charged for each financial year commencing from the first April 1957 in accordance with and subject to the provisions of this Act, on the total agricultural income of the previous year of every person. 2[Provided that where by virtue of any provision of this Act, agricultural income tax is to be charged in respect of the income of a period other than the previous year, agricultural income in the total tax shall be charged accordingly.] (2) Where there is included agricultural income of an assessee any income exempted from agricultural income-tax by or under the provisions of this Act, the agricultural income-tax payable by the assessee shall be an amount bearing to the total..... View Complete Act List Judgments citing this sectionState : Kerala
Year : 1970
THE KERALA SURCHARGE ON TAXES (AMENDMENT) ACT, 1970 [1] THE KERALA SURCHARGE ON TAXES (AMENDMENT) ACT, 1970 [1] (Act 16 of 1970) An Act further to amend the Kerala Surcharge on Taxes Act, 1957 Preamble.- WHEREAS it is expedient further to amend the Kerala Surcharge on Taxes Act, 1957, for the purpose hereinafter appearing; BE it enacted in the Twenty-first Year of the Republic of India as follows:-- 1. Short title and commencement.-(1) This Act may be called the Kerala Surcharge on Taxes (Amendment) Act, 1970. (2) Section 2 shall be deemed to have come into force on the 1st day of April, 1970 and the remaining provisions of this Act shall come into force at once. 2. Amendment of section 2.- In section 2 of the Kerala Surcharge on Taxes Act, 1957 (11 of 1957),-- (a) after the..... List Judgments citing this sectionTitle : Exclusive Marketing Rights [Omitted]
State : Central
Year : 1970
CHAPTER IVA 1 [Omitted] ________________________________ 1. Omitted by Patents Amendment Act (15 of 2005). Previous to omission: * [CHAPTER IVA: EXCLUSIVE MARKETING RIGHTS 24A. Application for grant of exclusive rights.-(1) Notwithstanding anything contained in sub-section (1) of section 12, the Controller shall not, under that subsection, refer an application in respect of a claim for a patent covered under sub-section (2) of section 5 to an examiner for making a report till the 31st day of December, 2004 and shall, where an application for grant of exclusive right to sell or distribute the article or substance in India has been made in the prescribed form and manner and on payment of prescribed fee, refer the application for patent, to an examiner for making a report to him..... View Complete Act List Judgments citing this sectionTitle : Basis of Charge
State : Central
Year : 1961
(1) Where any Central Act enacts that income-tax shall be charged for any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that year in accordance with, and subject to the provisions (including provisions for the levy of additional income-tax) of, this Act in respect of the total income of the previous year of every person : Provided that where by virtue of any provision of this Act income-tax is to be charged in respect of the income of a period other than the previous year, income-tax shall be charged accordingly. (2) In respect of income chargeable under sub-section (1), income-tax shall be deducted at the source or paid in advance, where it is so deductible or payable under any provision of this Act. Section 5 - Scope of..... View Complete Act List Judgments citing this sectionTitle : Incomes Formaing Part of Total Incomeon Which No Income-tax is Payable
State : Central
Year : 1961
1[***] ______________________ 1. Omitted by the Finance (No. 2) Act, 1967, with effect from 1st April, 1968. Section 82 - [Omitted] 1[***] ______________________ 1. Omitted by the Finance (No. 2) Act, 1967, with effect from 1st April, 1968. Section 83 - [Omitted] 1[***] ______________________ 1. Omitted by the Finance (No. 2) Act, 1967, with effect from 1st April, 1968. Section 84 - [Omitted] 1[***] ______________________ 1. Omitted by the Finance (No. 2) Act, 1967, with effect from 1st April, 1968. Section 85 - [Omitted] 1[***] ______________________ 1. Omitted by the Finance (No. 2) Act, 1967, with effect from 1st April, 1968. Section 85A -..... View Complete Act List Judgments citing this sectionTitle : Rebates and Reliefs
State : Central
Year : 1961
CHAPTER VIII 1[REBATES AND RELIEFS] _________________________ 1. Substituted for "Relief in respect of income-tax" by the Finance Act, 1990, w.e.f. 1-4-1991. Earlier existing heading was amended by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968. View Complete Act List Judgments citing this sectionTitle : Short Title and Commencement
State : Central
Year : 1970
(1) This Act may be called the Finance Act, 1970. (2) Save as otherwise provided in this Act, Sections 2 to 27 (both inclusive) and Sections 38 and 39 shall be deemed to have come into force on the 1st day of April, 1970. View Complete Act List Judgments citing this sectionTitle : Amendment of Chapter Iv-e Relating to Capital Gains
State : Central
Year : 1970
In Chapter IV-E of the Income-tax Act, - (a) in section 45, for the words and figures "sections 53 and 54", the words, figures and letter "sections 53, 54 and 54B" shall be substituted; (b) in section 47, after clause (vii), the following clause shall be inserted, namely :- "(viii) any transfer of agricultural land in India effected before the 1st day of March, 1970."; (c) after section 54A, the following section shall be inserted, namely :- "54B. Capital gain on transfer of land used for agricultural purposes not to be charged in certain cases. - Where the capital gain arises from the transfer of a capital asset being land which, in the two years immediately preceding the date on which the transfer took place, was being used by the assessee or a parent of his for agricultural..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Karnataka
Year : 1957
(1) This Act may be called the1[Karnataka] Agricultural Income-tax Act, 1957. (2) It extends to the whole of the1[State of Karnataka]. (3) This section shall come into force at once, and the remaining sections of this Act shall come into force on such2[date] as the State Government may by notification in the Official Gazette appoint. ________________________ 1.Adapted by the Karnataka Adaptations of Laws Order 1973 w.e.f. 1.11.1973. 2.Act came into force on 1.10.1957 by notification Text of the notification is at the end of the Act. Section 2 - Definitions (1) In this Act, unless the context otherwise requires,-- (a) "agricultural income" means,-- 1 [(1) any rent or revenue derived from land situated in the State of Karnataka and used for growing plantation crops;] ..... View Complete Act List Judgments citing this section