Title : Finance Act 1970
State : Central
Year : 1970
Preamble1 - FINANCE ACT, 1970 Chapter I Section1 - Short title and commencement Chapter II Section2 - Income-Tax Chapter III Section3 - Amendment of Section 2 Section4 - Amendment of Section 10 Section5 - Amendment of Section 11 Section6 - Substitution of New Section for Section 13 Section7 - Amendment of Section 16 Section8 - Amendment of Section 35B Section9 - Amendment of Section 36 Section10 - Amendment of Section 37 Section11 - Amendment of chapter iv-e relating to capital gains Section12 - Amendment of Section 80-C Section13 - Amendment of Section 80-G Section14 - Substitution of New Section For Section 80-L Section15 - Amendment of Section 80M Section16 - Amendment of Section 80MM Section17 - Amendment of Section 116 Section18 - Amendment of Section 117 Section19..... List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 2012
Chapter III DIRECT TAXES View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 2011
Chapter III Direct taxes View Complete Act List Judgments citing this sectionTitle : Registration of Establishments Employing Contract Labour
State : Central
Year : 1970
The appropriate government may, by an order notified in the Official Gazette (a) appoint such persons, being Gazetted Officers of government, as it thinks fit to be registering officers for the purpose of this chapter; and (b) define the limits, with in which a registering officer shall exercise the powers conferred on him by or under this Act. Section 7 - Registration of certain establishments (1) Every principal employer of an establishment to which this Act applies shall, within such period as the appropriate government may, by notification in the Official Gazette, fix in this behalf with respect to establishment generally or with respect to any class of them, make an application to the registering officer in the prescribed manner for registration of the establishment: ..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 1983
Section 3 - Amendment Of Section 2 In section 2 of the Income-tax Act, - (a) in clause (15), the words "not involving the carrying on of any activity for profit" shall be omitted with effect from the 1st day of April, 1984; (b) sub-clause (18), in sub-clause (b), for item (B), the following item shall be substituted with effect from the 2nd day of April, 1983, namely :- '(B) shares in the company (not being shares entitled to a fixed rate of dividend whether with or without a further right to participate in profits) carrying not less than fifty per cent. of the voting power have been allotted unconditionally to, or acquired unconditionally by, and were throughout the relevant previous year beneficially held by - (a) the Government, or (b) a corporation established by a..... View Complete Act List Judgments citing this sectionTitle : Payment of Compensation
State : Central
Year : 1970
(1) Every existing bank shall be given by the Central Government such compensation in respect of the transfer, under section 4, to the corresponding new bank of the undertaking of the existing bank as is specified against each such bank in the Second Schedule. (2) The amount of compensation referred to in sub-section (1) shall be given to every existing bank, at its option,- (a) in cash (to be paid by cheque drawn on the Reserve Bank) in three equal annual instalments, the amount of each instalment carrying interest at the rate of four per cent per annum from the commencement of this Act, or (b) in saleable or otherwise transferable promissory notes or stock certificates of the Central Government issued and repayable at par, and maturing at the end of- (i) ten years from the..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 2007
In section 2 of the Income-tax Act,-- (a) after clause (1B), the following clauses shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 1994, namely:-- '(1C) "Additional Commissioner" means a person appointed to be an Additional Commissioner of Income-tax under sub-section (1) of section 117; (1D) "Additional Director" means a person appointed to be an Additional Director of Income-tax under sub-section (1) of section 117;'; (b) in clause (7A),-- (i) after the words "any other provision of this Act, and the", the words "Additional Commissioner or" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 1994; (ii) after the words "Additional Commissioner or", as so inserted, the words..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes Income-tax
State : Central
Year : 1992
In section 2 of the Income-tax Act, - (a) in clause (18), after sub-clause (ac), the following sub-clause shall be inserted with effect from the 1st day of April, 1993, namely :- "(ad) if it is a company, wherein shares (not being shares entitled to a fixed rate of dividend whether with or without a further right to participate in profits) carrying not less than fifty per cent. of the voting power have been allotted unconditionally to, or acquired unconditionally by, and were throughout the relevant previous year beneficially held by, one or more co-operative societies;"; (b) in clause (24), after sub-clause (vd), the following sub-clause shall be inserted with effect from the 1st day of April, 1993, namely :- "(ve) any sum chargeable to income-tax under clause (v) of section..... View Complete Act List Judgments citing this sectionTitle : Applications for Patents
State : Central
Year : 1970
(1) Subject to the provisions contained in section 134, an application for a patent for an invention may be made by any of the following persons, that is to say, (a) by any person claiming to be the true and first inventor of the invention; (b) by any person being the assignee of the person claiming to be the true and first inventor in respect of the right to make such an application; (c) by the legal representative of any deceased person who immediately before his death was entitled to make such an application. (2) An application under sub-section (I) may be made by any of the persons referred to therein either alone or jointly with any other person. Section 7 - Form of application (1) Every application for a patent shall be for one invention only and shall be made in the..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 1995
Section 3 - Amendment of Section 2 In section 2 of the Income-tax Act, in clause (42A), in Explanation 1, in clause (i), after sub-clause (e), the following sub-clause shall be inserted, with effect from the 1st day of April, 1996, namely :- "(f) in the case of a capital asset, being a financial asset, allotted without any payment and on the basis of holding of any other financial asset, the period shall be reckoned from the date of the allotment of such financial asset;" Section 4 - Amendment of Section 10 In section 10 of the Income-tax Act, - (1) in clause (10D), after the words "such policy", the words, brackets, figures and letters "other than any sum received under sub-section (3) of section 80DDA" shall be inserted with effect from the 1st day of April, 1996; (2) in..... View Complete Act List Judgments citing this section