Title : Amendment of Section 2 of Act 49 of 1950
State : Central
Year : 2005
Section 2 of the Contingency Fund of India Act, 1950 shall be numbered as sub-section (1) thereof, and after sub-section (1) as so numbered, the following sub-section shall be inserted, namely:-- "(2) On and from the date on which the Finance Bill, 2005 receives the assent of the President, the sum which shall be paid from and out of the Consolidated Fund of India into the Contingency Fund of India under sub-section (1) shall stand enhanced to five hundred crores of rupees.". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 33ac
State : Central
Year : 2005
In section 33AC of the Income-tax Act, in sub-section (4), for the words "such sale proceeds", the words, brackets, letter and figure "so much of such sale proceeds which represent the amount credited to the reserve account and utilised for the purposes mentioned in clause (c) of sub-section (3)" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2004. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 194c
State : Central
Year : 2005
In section 194C of the Income-tax Act, in sub-section (3), in clause (i), with effect from the 1st day of June, 2005,- (a) in the proviso, for the words "under this section; or", the words "under this section:" shall be substituted; (b) after the proviso, the following provisos shall be inserted namely:-- "Provided further that no deduction shall be made under sub-section (2), from the amount of any sum credited or paid or likely to be credited or paid during the previous year to the account of the sub-contractor during the course of business of plying, hiring or leasing goods carriages, on production of a declaration to the person concerned paying or crediting such sum, in the prescribed form and verified in the prescribed manner and within such time as may be prescribed, if such..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 238
State : Central
Year : 2005
In section 238 of the Income-tax Act, after sub-section (1), the following sub-section shall be inserted with effect from the 1st day of April, 2006, namely:-- "(1A) Where the value of fringe benefits provided or deemed to have been provided by one employer is included under any provisions of Chapter XII-H in the value of fringe benefits provided or deemed to have been provided by any other employer, the latter alone shall be entitled to a refund under this Chapter in respect of such fringe benefits.". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 23a
State : Central
Year : 2005
In section 23A of the Central Excise Act,-- (a) for clause (c), the following clause shall be substituted, namely:-- '(c) "applicant" means-- (i) (a) a non-resident setting up a joint venture in India in collaboration with a non-resident or a resident; or (b) a resident setting up a joint venture in India in collaboration with a non-resident; or (c) a wholly owned subsidiary Indian company, of which the holding company is a foreign company, who or which, as the case may be, proposes to undertake any business activity in India; (ii) a joint venture in India; or (iii) a resident falling within any such class or category of persons, as the Central Government may, by notification in the Official Gazette, specify in this behalf, and which or who, as the case may be, makes..... View Complete Act List Judgments citing this sectionTitle : Amendment of Rule 6 of the Cenvat Credit Rules, 2001
State : Central
Year : 2005
(1) In the CENVAT Credit Rules, 2001, made by the Central Government in exercise of the powers conferred by section 37 of the Central Excise Act, rule 6 thereof as published in the Official Gazette vide notification of the Government of India the Ministry of Finance (Department of Revenue), No. G.S.R. 445(E), dated the 21st June, 2001 shall stand amended and shall be deemed to have been amended retrospectively in the manner as specified in column (2) of the Fifth Schedule on and from the corresponding date specified in column (3) or that Schedule against the rule specified in column (1) of that Schedule. (2) Any action taken or anything done orpurported to have been taken or done at any time during the period commencing on and from the 1st day of July, 2001 and ending with the 28th..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 13
State : Central
Year : 2005
In section 13 of the Central Sales Tax Act, in sub-section (1), clause (aa) shall be re-lettered as clause (ab) thereof, and before clause (ab) as so re-lettered, the following clause shall be inserted, namely:-- "(aa) the manner of determination of the sale price and the deductions from the total consideration for a works contract under the proviso to clause (h) of section 2;". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 10 of Act 54 of 2000
State : Central
Year : 2005
Section 10 of the Central Road Fund Act, 2000 shall be numbered as sub-section (1) thereof, and after sub-section (1) as so numbered, the following sub-section shall be inserted, namely:-- "(2) Notwithstanding anything contained in clause (viii) of sub-section (1), the Central Government shall, with effect from 1st day of March, 2005, allocate fifty paise from the amount of rupee two as amended by sections 119 and 120 of the Finance Act, 2005 as the additional duty of customs and the additional duty of excise on petrol, levied under sub-section (1) of section 103 and sub-section (1) of section 111, as the case may be, of the Finance (No. 2) Act, 1998(21 of 1998) and the additional duty of customs and the additional duty of excise on high speed diesel oil levied under sub-section (1)..... View Complete Act List Judgments citing this sectionTitle : Amendment of Act 32 of 2003
State : Central
Year : 2005
In the Finance Act, 2003,-- (a) section 128 shall be omitted; (b) in section 134, the Explanation shall be omitted; (c) section 157 shall be omitted; (d) in section 169, the portion beginning with the words, "and the amendment so made" and ending with the words "repealed by a Central Act" shall be omitted with effect from the 31st day of March, 2005; (e) the Fourth Schedule shall be omitted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 10a
State : Central
Year : 2005
In section 10A of the Income-tax Act, in sub-section (14), after clause (ii), the following proviso shall be inserted with effect from the 1st day of April, 2006, namely:- "Provided that no deduction under this section shall be allowed to an assessee who does not furnish a return of his income on or before the due date specified under sub-section (1) of section 139.". View Complete Act List Judgments citing this section