Title : Management Etc., of Mokamen Unit and the Undertakings of Arthur Butler and Company
State : Central
Year : 1978
On the appointed day, the general superintendence direction condition and management of the affairs and business of the Mokameh unit and of the undertakings owned by Arthur Butler and Company shall- (a) where a direction has been made by the Central Government under section 5 vest in the Government Company specified in such direction or (b) where no such direction been made, vest in such person or body persons as may be appointed by the Central Government in this behalf, and thereupon the Government Company so specified too the person or body of persons so appointed, as the case may be shall be entitled to exercise all such powers and do shall things as Britannia engineering company is authorised to exercise and do in relation to its Mokameh unit, to as the case may be Arthur..... View Complete Act List Judgments citing this sectionTitle : Amendment of Certain Enactments
State : Central
Year : 1978
The enactment's specified in the second Schedule are hereby amended to the extent and in the manner mentioned in the fourth column thereof. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 155
State : Central
Year : 1978
In section 155 of the Income-tax Act, - (a) after sub-section (7), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1974, namely :- "(7A) Where in the assessment for any year, the capital gain arising from the transfer of a capital asset, being a transfer by way of compulsory acquisition under any law, or a transfer the consideration for which was determined or approved by the Central Government or the Reserve Bank of India, is computed under section 48 and the compensation for such acquisition or the consideration for such transfer is enhanced or further enhanced by any court, tribunal or other authority, the computation or, as the case may be, computations made earlier shall be deemed to have been wrongly..... View Complete Act List Judgments citing this sectionTitle : Banning of Prize Chits and Money Circulation Schemes or Enrolment as Members or Participation Therein
State : Central
Year : 1978
No person shall promote or conduct any prize chit or money circulation scheme, or enrol as a member to any such chit or scheme, or participate in it otherwise, or receive or remit any money in pursuance of such chit or scheme. View Complete Act List Judgments citing this sectionTitle : Modifications of Findings and Sentences, Pardons, Commutation and Remission of Sentences
State : Central
Year : 1978
Any person subject to this Act who considers himself aggrieved by a finding or sentence of any Coast Guard Court may present a petition to the Central Government or to the Director-General, and the Central Government or the Director-General, as the case may be, may pass such orders thereon as it or he may think fit. Section 120 - Powers of Central Government and Director-General in respect of findings and sentences (1) Where any person is tried under the provisions of this Act, the Central : Government or the Director-General may, in the case of a conviction,-- (a) set aside the finding and sentence and acquit or discharge the accused or order him to be re-tried; or (b) alter the finding without modifying the sentence if such sentence may be legally passed on the altered..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 80cc
State : Central
Year : 1978
In the Income-tax Act, after section 80C, the following section shall be inserted namely :- 80CC. Deduction in respect of investment in certain new shares. - (1) Where an assessee, being - (a) an individual, or (b) a Hindu undivided family, or (c) an association of persons or a body of individuals consisting only of husband and wife governed by the system of community of property in force in the Union territories of Dadra and Nagar Haveli and Goa, Daman and Diu, has acquired in the previous year (being a previous year relevant to the assessment year commencing on the 1st day of April, 1979, or any subsequent assessment year), out of his income chargeable to tax, equity shares forming part of any eligible issue of capital, he shall, in accordance with and subject to the..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 209a
State : Central
Year : 1978
In the Income-tax Act, after section 209, the following section shall be inserted with effect from the 1st day of June, 1978, namely :- 209A. Computation and payment of advance tax by assessee. -(1) Every person shall, in each financial year, before the date on which the first instalment, or where he has not previously been assessed by way of regular assessment under this Act, before the date on which the last instalment of advance tax is due in his case under sub-section (1) of section 211, if his current income is likely to exceed the amount specified in sub-section (2) of section 208, send to the Income-tax Officer - (a) where he has been previously assessed by way of regular assessment under this Act, a statement of advance tax payable by him computed in the manner laid down in..... View Complete Act List Judgments citing this sectionTitle : Amendment of Act 6 of 1898
State : Central
Year : 1978
In the First Schedule to the Indian Post Office Act, 1898, - (a) for the sub-heading "Letters" and the entries thereunder, the following shall be substituted, namely :- "Letters For a weight not exceeding ten grams 25 paise. For every ten grams or fraction thereof, exceeding ten grams 15 paise."; (b) for the sub-headings "Post cards", "Book pattern and Sample packets" and "Registered Newspapers" and the entries under those sub-headings, the following shall be substituted, namely :- "Post cards (not being Post cards containing printed communication) Single 15 paise. Reply 30 paise. Post cards containing printed communication ..... View Complete Act List Judgments citing this sectionTitle : Amendment to the Reserve Bank of India Act, 1934
State : Central
Year : 1978
In the Reserve Bank of India Act, 1934, in section 17, in clause (11A), sub-clause (a) shall be omitted. View Complete Act List Judgments citing this sectionTitle : Service Tax Dispute Resolution Scheme, 2008
State : Central
Year : 2008
(1) This Scheme may be called the Service Tax Dispute Resolution Scheme, 2008. (2) It shall come into force on the 1st day of July, 2008. Section 92 - Definitions In this Scheme, unless the context otherwise requires,-- (a) "Chapter" means Chapter V of the Finance Act, 1994(32 of 1994); (b) "designated authority" means an officer not below the rank of Assistant Commissioner of Central Excise as notified by the Commissioner of Central Excise for the purposes of this Scheme; (c) "person" means any person against whom any tax arrear is pending; (d) "prescribed" means prescribed by rules made under this Scheme; (e) "tax arrear" means service tax, cess, interest or penalty due or payable or leviable under the Chapter but not paid as on the 1st day of March, 2008, in respect..... View Complete Act List Judgments citing this section