Title : Payment of Amounts
State : Central
Year : 1980
For the transfer to, and vesting, in, the Central Government, under section 3, of the undertakings of the Company and the right, title and interest of the Company in relation to its undertakings, there shall be paid by the Central Government to the Company, in cash and in the manner specified in Chapter VI, an aggregate amount of rupees two hundred and eighty-three lakhs. (2) For the transfer to, and vesting in, the Central Government, under section 4, of the shares held by the Company in the specified companies, there shall be paid by the Central to the Company in cash and in the manner specified in Chapter VI, an aggregate amount of rupees twenty-seven lakhs. (3) The amount specified in sub-section (1), and the amount specified in sub-section (2) shall carry simple interest of..... View Complete Act List Judgments citing this sectionTitle : Miscellaneous
State : Central
Year : 1994
In the Indian Stamp Act, 1899, - (i) in section 9, in sub-section (1), in clause (b), after the words "or other body corporate", the words and brackets "or of transfers (where there is a single transferee, whether incorporated or not)" shall be inserted; (ii) in Schedule I, - (a) in article No. 14, in the second column, for the words "One rupees", the words "Two rupees" shall be substituted; (b) in article No. 53, - (1) in the first column, for the words "twenty rupees", the words "five hundred rupees" shall be substituted; (2) in the second column, for the words "Twenty paise", the words "One rupee" shall be substituted. Chapters are available in ITR Book. View Complete Act List Judgments citing this sectionTitle : Service Tax
State : Central
Year : 2002
(1) During the period commencing on and from the 16th day of July, 2001 and ending with such date as the Central Government may appoint under section 149, for the purposes of that section, the provisions of Chapter V of the Finance Act, 1994 (32 of 1994) shall be deemed to have had effect subject to the following modifications, namely:- in section 65,-- (i) for clause (13), the following had been substituted, namely:- '(13) "broadcasting" has the meaning assigned to it in clause (c) of section 2 of the Prasar Bharati (Broadcasting Corporation of India) Act, 1990 (25 of 1990) and also includes programme selection, scheduling or presentation of sound or visual matter on a radio or a television channel that is intended for public listening or viewing, as the case may be; and in the..... View Complete Act List Judgments citing this sectionTitle : Auxiliary Duties of Customs
State : Central
Year : 1978
(1) In the case of goods mentioned in the First Schedule to the Customs Tariff Act, or in that Schedule as amended from time to time, there shall be levied and collected as an auxiliary duty of customs an amount equal to twenty per cent. of the value of the goods as determined in accordance with the provisions of section 14 of the Customs Act, 1962 (52 of 1962) (hereinafter referred to as the Customs Act). (2) Sub-section (1) shall cease to have effect after the 31st day of March, 1979, except as respects things done or omitted to be done before such cesser; and section 6 of the General Clauses Act, 1897 (10 of 1897), shall apply upon such cesser as if the said sub-section had then been repealed by a Central Act. (3) The auxiliary duties of customs referred to in sub-section (1)..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1978
(1) This Act may be called the Bolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions act, 1978. (2) it shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Section 2 - Definitions (1) In this Act, unless the context otherwise requires,- (a) "appointed day" means the date on which this act comes into force; (b) "Bolani Ores Limited" means the Bolani Ores Company Limited, a company formed and registered under the companies Act and having its registered office at Chartered Bank Buildings in Calcutta in the state of West Bengal; (c) "Companies Act" means the companies Act, 1956 (1 of 1956); (d) "dissolved company" means the Bolani Ores Limited dissolved by virtue of section 6; (e) "the company"..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 2004
Section 3 - Amendment of Section 2 In section 2 of the Income-tax Act, in clause (24), after sub-clause (xii), the following sub-clause shall be inserted with effect from the 1st day of April, 2005, namely:-- '(xiii) any sum referred to in clause (v) of sub-section (2) of section 56;'. Section 4 - Amendment of Section 7 In section 7 of the Income-tax Act, after clause (ii), the following clause shall be inserted at the end, namely:-- "(iii) the contribution made, by the Central Government in the previous year, to the account of an employee under a pension scheme referred to in section 80CCD.". Section 5 - Amendment of Section 10 In section 10 of the Income-tax Act,-- (a) in clause (4), in sub-clause (ii), after the proviso, the following proviso shall be inserted with..... View Complete Act List Judgments citing this sectionTitle : Establishment of the Press Council
State : Central
Year : 1978
(1) With effect from such date as the Central Government may, by notification in the Official Gazette, appoint, there shall be established a Council by the name of the Press Council of India. (2) The said Council shall be a body corporate having perceptual succession and a common seal and shall by the said name sue and be sued. Section 5 - Composition of the Council (1) The Council shall consist of a Chairman and twenty-eight other members. (2) The Chairman shall be a person nominated by a Committee consisting of the Chairman of the Council of States (Rajya Sabha), the Speaker of the House of the People (Lok Sabha) and a person elected by the members of the Council under sub-section (6) and the nomination so made shall take effect from the date on which it is notified by the..... View Complete Act List Judgments citing this sectionTitle : Incomes Which Do Not Form Part of Total Income
State : Central
Year : 1961
In computing the total income of a previous year of any person, any income falling within any of the following clauses shall not be included- (1) agricultural income; (2) subject to the provisions of sub-section (2) of section 64, any sum received by an individual as a member of a Hindu undivided family, where such sum has been paid out of the income of the family, or, in the case of any impartible estate, where such sum has been paid out of the income of the estate belonging to the family; (2A) in the case of a person being a partner of a firm which is separately assessed as such, his share in the total income of the firm. Explanation : For the purposes of this clause, the share of a partner in the total income of a firm separately assessed as such shall, notwithstanding..... View Complete Act List Judgments citing this sectionTitle : Transfer to and Vesting in the Central Government of the Company
State : Central
Year : 1978
On the appointed day, the undertakings of the Company, and the right, title and interest of the Company in relation to its undertakings, shall, by virtue of this Act, stand transfered to, and shall vest in the Central Government. Section 4 - General effect of vesting (1) The undertakings of the Company referred to in section 3 shall be deemed to include all assets, rights, lease-holds, powers, authorities and privileges, and all property, movable and immovable, including lands, buildings, workshops, stores, instruments, machinery and equipment, bank balances, cash balances, cash on hand, reserve funds, investments and book debts and all other rights and interests in, or arising out of, such property as were immediately before the appointed day in the ownership, possession, power or..... View Complete Act List Judgments citing this sectionTitle : Commissioner of Payments
State : Central
Year : 1978
(1) The Central Government shall, for the purpose of disbursing the amounts payable to the Company under sections 8 and 9, by notification, appoint a Commissioner of Payments. (2) The Central Government may appoint such other persons as it may think fit to assist the Commissioner and thereupon the Commissioner may authorise one or more of such persons also to exercise all or any of the powers exercisable by him under this Act and different persons may be authorised to exercise different powers. (3) Any person authorised by the Commissioner to exercise any of the powers exercisable by the Commissioner may exercise those powers in the same manner and with the same effect as if they have been conferred on that person directly by this Act and not by way of authorisation. (4) The..... View Complete Act List Judgments citing this section