Title : Income-tax
State : Central
Year : 2005
(1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2005, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Sch.en,-- (a) the net agricultural income shall be taken into account, in the manner provided in clause (b) [that is to say, as if the net agricultural income were comprised in the total income after the first fifty thousand rupees of..... View Complete Act List Judgments citing this sectionState : Central
Year : 2005
FINANCE ACT, 2005 FINANCE ACT, 2005 18 of 2005 CHAPTER 1: PRELIMINARY: Section 1: Short title and commencement: (1) This Act may be called the Finance Act, 2005. (2) Save as otherwise provided in this Act, Sections 2 to 64 shall be deemed to have come into force on the 1st day of April, 2005. CHAPTER 2: RATES OF INCOME TAX: SECTION 2: Income tax: (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2005, income tax shall be charged at the rates special in Part I of the First Schedule and such tax as reduced by the debate of income tax calculated under Chapter VIII-A of the Income Tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income Tax Act) shall be increased by a surcharge for..... List Judgments citing this sectionTitle : Extent, Commencement and Application
State : Central
Year : 2005
(1) This Chapter extends to the whole of India except the State of Jammu and Kashmir. (2) It shall come into force on the 1st day of June, 2005. (3) It shall apply to taxable banking transactions entered into on or after the commencement of this Chapter. View Complete Act List Judgments citing this sectionTitle : Finance Act 2005
State : Central
Year : 2005
Preamble1 - FINANCE ACT, 2005 Chapter 1 Section1 - Short title and commencement Chapter 2 Section2 - Income-tax Chapter 3 Section3 - Amendment of section 2 Section4 - Amendment of section 10 Section5 - Amendment of section 10A Section6 - Amendment of section 16 Section7 - Amendment of section 17 Section8 - Amendment of section 32 Section9 - Amendment of section 33AC Section10 - Amendment of section 35 Section11 - Amendment of section 35DDA Section12 - Amendment of section 36 Section13 - Amendment of section 40 Section14 - Amendment of section 43 Section15 - Amendment of section 47 Section16 - Amendment of section 49 Section17 - Amendment of section 54EC Section18 - Amendment of section 54ED Section19 - Insertion of new section 72AA Section20 - Amendment of section 73 ..... List Judgments citing this sectionTitle : Second Schedule
State : Central
Year : 2005
THE SECOND SCHEDULE (See section 74) PART I In the First Schedule to the Customs Tariff Act,-- (1) in Chapter 6, for the entry in column (4) occurring against all the tariff items of heading 0603, the entry "60%" shall be substituted; (2) in Chapter 25,-- (i) for the entry in column (4) occurring against all the tariff items of all the headings (except headings 2504 and 2510), the entry "15%" shall be substituted; (ii) for the entries in column (4) and column (5) occurring against all the tariff items of heading 2504, the entries "15%" and "15%" shall respectively be substituted; (3) in Chapter 26, in tariff items 2620 11 00, 2620 19 00, 2620 30 10 and 2620 30 90, for the entry in column (4) occurring against each of them, the entry "15%" shall be substituted; (4) in..... View Complete Act List Judgments citing this sectionTitle : Rates of Income-tax
State : Central
Year : 2005
(1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2005, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Sch.en,-- (a) the net agricultural income shall be taken into account, in the manner provided in clause (b) [that is to say, as if the net agricultural income were comprised in the total income after the first fifty thousand rupees of..... View Complete Act List Judgments citing this sectionTitle : False Statement in Verification, Etc.
State : Central
Year : 2005
(1) If a person makes a statement in any verification under this Chapter or any rule made thereunder, or delivers an account or statement, which is false, and which he either knows or believes to be false, or does not believe to be true, ho shall be punishable with imprisonment for a term which may extend to three years and with fine. (2) Notwithstanding anything contained in the Code of Criminal Procedure, 1973(2 of 1974), an offence punishable under sub-section (1) shall be deemed to be non-cognizable within the meaning of that Code. View Complete Act List Judgments citing this sectionTitle : Institution of Proceedings
State : Central
Year : 2005
A person shall not be proceeded against for any offence under section 109 except with the previous sanction of the Chief Commissioner of Income-tax. View Complete Act List Judgments citing this sectionTitle : Power to Remove Difficulties
State : Central
Year : 2005
(1) If any difficulty arises in giving effect to the provisions of this Chapter, the Central Government may, by order published in the Official Gazette, not inconsistent with the provisions of this Chapter, remove the difficulty: Provided that no such order shall be made after the expiry of a period of two years from the date on which the provisions of this Chapter come into force. (2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament. View Complete Act List Judgments citing this sectionTitle : Withdrawal of Rs. 1553,70,61,000 from and out of the Consolidated Fund of the State of Goa for the Financial Year 2005-06
State : Central
Year : 2005
From and out of the Consolidated Fund of the State of Goa there may be withdrawn sums not exceeding those specified in column 3 of the Schedule amounting in the aggregate to the sum of one thousand five hundred and fifty-three crores, seventy lakhs and sixty-one thousand rupees towards defraying the several charges which will come in course of payment during the financial year 2005-06. View Complete Act List Judgments citing this section