Title : Indirect Taxes
State : Central
Year : 1978
In the First Schedule to the Customs Tariff Act, 1975 (hereinafter referred to as the Customs Tariff Act), - (i) after the existing entry in column (3) against sub-heading No. (2) of Heading No. 37.01/08, the following Explanation shall be inserted, namely :- Explanation : For the purposes of this sub-heading, where a film is designed with a view to different vertical sections thereof being exposed separately, its length shall be deemed to be aggregate of the lengths of all such sections."; (ii) in Heading No. 51.01/03, for the entry in column (3), the entry "200% plus Rs. 30 per kilogram" shall be substituted. Section 35 - Auxiliary duties of customs (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..... View Complete Act List Judgments citing this sectionTitle : Vesting of Undertakings in the Steel Authority of India and Dissolution of Bolani Ores Limited
State : Central
Year : 1978
On the appointed day (a) all the undertakings of the Bolani Ores Limited, the shares of which have vested in the Steel Authority of India by virtue of section 5, shall stand transferred to, and shall vest in, the Steel Authority of India; (b) the Bolani Ores Limited shall stand dissolved. Section 7 - Under-taking meaning of For the purposes of this act, the undertakings of the dissolved company shall be deed to include all assets, rights, lease-holds (including mining leases), industrial or other licences, powers, authorities and privileges and all property, movable and immovable, including lands, buildings, works, mines, workshops, projects, stores, instruments, machinery, automobiles and other vehicles, equipment, cash or bank balances, cash in hand, reserve funds, investments..... View Complete Act List Judgments citing this sectionTitle : Payment of Amount
State : Central
Year : 1978
(1) for the transfer to, and vesting, in the Central Government, under section 3,- (a) of the Mokameh unit and the right title and interest of Britannia engineering company in relation to that unit and (b) of the undertakings owned by Arthur Butler and Company and the right title and interest of Arthur Butler and Company in relation to those undertakings, there shall be given by the Central Government to Britannia engineering company and Arthur Butler and Company in cash and in the manner specified in chapter v1, an amount equal to the amount specified, respectively in the first Schedule against Britannia engineering company and Arthur Butler and Company. (2) For the removal of doubts it is hereby declared that the liabilities of- (i) Britannia engineering company in relation..... View Complete Act List Judgments citing this sectionTitle : Amendments to the Deposit Insurance Corporation Act, 1961
State : Central
Year : 1978
On the commencement of this Act, the Deposit Insurance Corporation Act, 1961 (47 of 1961), shall have effect subject to the following amendments, namely:-- (1) in the long title, after the words "insurance of deposits", the words "and guaranteeing of credit facilities" shall be inserted; (2) in section 1, in sub-section (1), for the words "the Deposit Insurance Corporation", the words "the Deposit Insurance and Credit Guarantee Corporation" shall be substituted; (3) in section 2,-- (i) in clause (e), for the words "the Deposit Insurance Corporation", the words "the Deposit Insurance and Credit Guarantee Corporation" shall be substituted; (ii) after clause (ee), the following clause shall be inserted, namely: -- '(eea) "credit institution" means all or any of the following,..... View Complete Act 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 : 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 : Acquisition
State : Central
Year : 1978
Where it appears to a metro railway administration that for the construction of any metro railway or any other work connected therewith -- (a) any land, building, street, road or passage, or (b) any right of user, or any right in the nature of easement, therein, is required for such construction or work, it shall apply to Central Government in such form as may be prescribed for acquiring such land, building, street, road or passage or such right of user or easement. Section 7 - Publication Of Notification For Acquisition (1) On receipt of an application under section 6, the Central Government, after being satisfied that the requirement mentioned therein is for a public purpose, may, by notification in the Official Gazette, declare its intention to acquire the land, building,..... 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 section