State : Central
Year : 1978
FINANCE ACT, 1978 FINANCE ACT, 1978 19 of 1978 12th May, 1978 An Act to give effect to the Financial proposals of the Central Government for the financial year 1978-1979 Be it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows :- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act maybe called The Finance Act, 1978. (2) Save as otherwise provided in this Act, sections 2-to33-and section 40 shall be deemed to have come into force on the 1st day of April, 1978. SECTION 02: INCOME-TAX (1) Subject lo the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1978, income-tax shall be charged at the rates specified in part I of the Schedule and shall be increased, - (a) in the cases to which..... List Judgments citing this sectionTitle : Finance Act 1978
State : Central
Year : 1978
THE FINANCE ACT, 1978 [Act No. 19 of 1978] [12th May 1978] PREAMBLE An Act to give effect to the financial proposals of the Central Government for the financial year 1978-79 Be it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows :- View Complete Act List Judgments citing this sectionTitle : Finance Act 1978
State : Central
Year : 1978
Preamble1 - FINANCE ACT 1978 Chapter I Section1 - Short Title and commencement Chapter II Section2 - Income-Tax Chapter III Section3 - Amendment of Section 6 Section4 - Amendment of Section 23 Section5 - Amendment of Section 32 Section6 - Amendment of Section 35B Section7 - Insertion of New Section 35CCA Section8 - Amendment of Section 37 Section9 - Amendment of Section 52 Section10 - Amendment of Section 54 Section11 - Amendment of Section 54B Section12 - Amendment of Section 54D Section13 - Amendment of Section 54E Section14 - Amendment of Section 72A Section15 - Amendment of Section 80A Section16 - Amendment of Section 80C Section17 - Insertion of New Section 80CC Section18 - Amendment of Section 80P Section19 - Amendment of Section 155 Section20 - Amendment of..... List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1978
(1) This Act may be called the Finance Act, 1978. (2) Save as otherwise provided in this Act, sections 2 to 33 and section 40 shall be deemed to have come into force on the 1st day of April, 1978. View Complete Act List Judgments citing this sectionTitle : Amendment of Act 1 of 1944
State : Central
Year : 1978
In the Central Excises and Salt Act, 1944 (hereinafter referred to as the Central Excises Act), in the First Schedule, - (i) in Item No. 8, the Explanation shall be numbered as Explanation I and after the Explanation as so numbered, the following Explanation shall be inserted, namely :- Explanation II : This Item does not include - (a) base mineral oils (suitable for use in the manufacture of lubricating oils and greases) including mineral oils commonly known as Transformer oil base stock or Transformer oil feed stock; and (b) lubricating oils including spindle oils, flushing oils and jute batching oils."; (ii) in Item No. 10, the Explanation shall be numbered as Explanation I and after the Explanation as so numbered, the following Explanation shall be inserted, namely :- ..... View Complete Act List Judgments citing this sectionTitle : First Schedule
State : Central
Year : 1978
The Schedule (See Section 2) Part I Income-Tax Surcharge On Income-Tax Paragraph A Sub-Paragraph I In the case of every individual or Hindu undivided family or unregistered firm or other association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2 of the Income-tax Act, not being a case to which Sub-Paragraph II of this Paragraph or any other Paragraph of this Part applies, - Rates of Income-Tax (1) where the total income does not exceed Rs. 8,000 Nil; (2) where the total income exceeds Rs. 8,000 but does not exceed Rs. 15,000 15 per cent. of the amount by which the total income exceeds Rs. 8,000; (3) where the..... View Complete Act List Judgments citing this sectionTitle : Discontinuance of Salt Duty
State : Central
Year : 1978
For the year beginning on the 1st day of April, 1978, no duty under the Central Excise Act or the Customs Tariff Act shall be levied in respect of salt manufactured in, or imported into, India. View Complete Act List Judgments citing this sectionState : Kerala
Year : 1978
THE UNIVERSITY LAWS (AMENDMENT) ACT, 1978. [1] THE UNIVERSITY LAWS (AMENDMENT) ACT, 1978. [1] (ACT 23 OF 1978) An Act further to amend the Kerala University Act, 1974 and the Calicut University Act, 1975. Preamble. - Whereas it is expedient further to amend the Kerala University Act, 1974 and the Calicut University Act, 1975, for the purposes hereinafter appearing; Be it enacted in the Twenty-ninth Year of the Republic of India as follows:" 1. Short title and commencement. - (1) This Act may be called the University Laws (Amendment) Act, 1978. (2) It shall be deemed to have come into force on the 21 st day of April, 1978. 2. Amendment of Act 17 of 1974. - In the Kerala University Act, 1974 (17 of 1974)," (1) in section 10, after subsection (15), the following subsections shall..... List Judgments citing this sectionTitle : Amendment of Section 23
State : Central
Year : 1978
In section 23 of the Income-tax Act, in the second proviso to sub-section (1) with effect from the 1st day of April, 1979, - (a) in clause (b), for the words, figures and letters "completed after the 31st day of March, 1970", the words, figures and letters "completed after the 31st day of March, 1970, but before the 1st day of April, 1978" shall be substituted; (b) for the words, brackets and letters "so, however, that the income in respect of any residential unit referred to in clause (a) or clause (b) is in no case a loss.", the following shall be substituted, namely :- "(c) in the case of a building comprising one or more residential units, the erection of which is compleated after the 31st day of March, 1978, for a period of five years from the date of completion of the..... 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 section