Bare Act Search Results

INDIAN SUCCESSION ACT, 1925 Section 354

Title: No interest on arrears of annuity within first year after testator's death

State: Central

Year: 1925

No interest is payable on the arrears of an annuity within the first year from the death of the testator, although a period earlier than the expiration of that year may have been fixed by the Will for making the first payment of the annuity.

THE LEGISLATIVE ASSEMBLY OF MEGHALAYA (MEMBERS' SALARIES & ALLOWANCES) (FIRST AMENDMENT) BILL, 1980 Complete Act

State: Meghalaya

Year: 1980

.....on ground only that the Rules were made to have retrospective effect. STATEMENT OF OBJECTS AND REASONS The Bill seeks to amend the Legislative Assembly of Meghalaya (Members' Salaries and Allowances) Act, 1972 (Act, 8 of 1972) to provide that Rules made under the Act may also be made to have retrospective effect and for validation of the Rules already made with retrospective operation. Extract of Section 7 of Act 8 of 1972. Power to make rules. 4. The Government may, by notification, make rules to carry out he purposes of this Act and, in particular, may prescribe - (a) the period during which the conditions subject to which travelling allowance may be drawn and the circumstance in which such allowances may be withheld. (b) the conditions under which and the journeys for which travelling allowance shall be admissible; (c) the facilities for medical attendance and treatment. Meghalaya State Acts

Companies Act, 1956 Section 496

Title: Duty of Liquidator to Call General Meeting at End of Each Year

State: Central

Year: 1956

(1) Subject to the provisions of section 498, in the event of the winding up continuing for more than one year, the liquidator shall- (a) call a general meeting of the company at the end of the first year from the commencement of the winding up, and at the end of each succeeding year, or as soon thereafter as may be convenient within three months from the end of the year or such longer period as the Central Government may allow; and (b) lay before the meeting an account of his acts and dealings and of the conduct of the winding up during the preceding year, together with a statement in the prescribed form and containing the prescribed particulars with respect to the proceedings in, and position of, the liquidation. (2) If the liquidator fails to comply with sub-section (1) he shall be punishable in respect of each failure, with fine which may extend to1[one thousand rupees], ____________________ 1. Substituted by Act 53 of 2000, Section 196, for "one hundred rupees" (w.e.f. 13-12-2000).

Companies Act, 1956 Section 508

Title: Duty of Liquidator to Call Meetings of Company and of Creditors at End of Each Year

State: Central

Year: 1956

( 1 ) In the event of the winding up continuing for more than one year, the liquidator shall- (a) call a general me eting of the company and a me eting of the creditors at the end of the first year from the commencement of the winding up and at the end of each succeeding year, or as soon thereafter as may be convenient within three months from the end of the year or such longer period as the Central Government may allow; and (b) lay before the meetings an account of hi s acts and dealings and of the conduct of the winding up during the preceding year, together with a statement in the prescribed form and containing the prescribed particulars with respect to the proceedings in, and position of, the winding up. ( 2) If the liquidator fails to comply with sub-section ( 1 ) he shall be punishable, in respect of each failure, with fine which may extend to1[one thousand rupees]. ____________________ 1. Substituted by Act 53 of 2000, Section 201, for "one hundred rupees" (w.e.f. 13-12-2000).

Constitution (Ninety-first Amendment) Act, 2003 Preamble 1

Title: Constitution (Ninety-first Amendment) Act, 2003

State: Central

Year: 2003

THE CONSTITUTION (NINETY-FIRST AMENDMENT) ACT, 2003 [1st January, 2004] Preamble An Act further to amend the Constitution of India. BE it enacted by Parliament in the Fifty-fourth Year of the Republic of India as follows:--

Government of India Act, 1800 [Repealed] Section 2

Title: Letters Patent of George 2, Dated the 8th January, in the 21st Year of His Reign

State: Central

Year: 1800

.....time to time by his Majesty, his heirs and successors, with full power to exercise such civil criminal admiralty and ecclesiastical jurisdictions, both as to natives and British subjects, and to be invested with such power and authorities, privileges and immunities, for the better administration of the same, and subject to the same limitations, restrictions and control within the said Fort Saint George and town of Madras and the limits thereof and the factories sub ordinate thereto, and within the territories which now are or hereafter may be subject to or dependent upon the said government of Madras, as the said supreme court of judicature at Fort William in Bengal, by virtue of any law now in force and unrepealed or by this present Act, doth consist of, is invested with or subject to, within the said Fort William or the kingdoms or provinces of Bengal, Bihar and Orissa.

Constitution (Ninety-first Amendment) Act, 2003 Complete Act

Title: Constitution (Ninety-first Amendment) Act, 2003

State: Central

Year: 2003

Preamble1 - CONSTITUTION (NINETY-FIRST AMENDMENT) ACT, 2003 Section1 - Short tiels Section2 - Amendment of article 75 Section3 - Amendment of article 164 Section4 - Insertion of new article 361B Section5 - Amendment of the Tenth Schedule

Finance Act 1994 Schedule 1

Title: First Schedule

State: Central

Year: 1994

..... (4) Notwithstanding anything contained in this rule, no loss which has not been determined by the Assessing Officer under the provisions of these rules or the rules contained in Part IV of the First Schedule to the Finance Act, 1986 (23 of 1986), or of the First Schedule to the Finance Act, 1987 (11 of 1987), or of the First Schedule to the Finance Act, 1988 (26 of 1988), or of the First Schedule to the Finance Act, 1989 (13 of 1989), or of the First Schedule to the Finance Act, 1990 (12 of 1990), or of the First Schedule to the Finance (No. 2) Act, 1991 (49 of 1991), or of the First Schedule to the Finance Act, 1992 (18 of 1992), or of the First Schedule to the Finance Act, 1993 (38 of 1993), shall be set off under sub-rule (1) or, as the case may be, sub-rule (2). Rule 9 - Where the net result of the computation made in accordance with these rules is a loss, the loss so computed shall be ignored and the net agricultural income shall be deemed to be nil. Rule 10 - The provisions of the Income-tax Act relating to procedure for assessment (including the provisions of section 288A relating to rounding off of income) shall, with the necessary modifications, apply in relation.....

Finance Act, 1989 Schedule I

Title: First Schedule

State: Central

Year: 1989

.....by a company where such debentures are listed on a recognised stock exchange in India in accordance with the Securities Contracts (Regulation) Act, 1956 and any rules made thereunder; (vi) on any other income (excluding interest payable on a tax-free security) 20 per cent.; (b) where the person is not resident in India - (i) in the case of a non-resident Indian - (ii) in the case of any other person - (A) on investment income and long-term capital gains 20 per cent.; (B) on income by way of interest payable on a tax-free security 15 per cent.; (C) on income by way of winnings from lotteries and crossword puzzles 40 per cent.; (D) on income by way of winnings from horse races 40 per cent.; (E) on the whole of other income income-tax at 30 per cent. of the amount of income or income-tax in respect of the income at the rates prescribed in Sub-Paragraph I of Paragraph A of Part III of this Schedule, if such income had been the total income, whichever is higher; (A) .....

Finance Act, 1992 Chapter III

Title: Direct Taxes Income-tax

State: Central

Year: 1992

.....section 3 of the Companies Act, 1956 (1 of 1956); (c) "Government company" shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956).'. Section 15 - Amendment Of Section 37 In section 37 of the Income-tax Act, for sub-sections (2) and (2A), the following sub-section shall be substituted with effect from the 1st day of April, 1993, namely :- '(2) Notwithstanding anything contained in sub-section (1), any expenditure in the nature of entertainment expenditure incurred by any assessee during any previous year commencing on the 1st day of April, 1992 shall be allowed as follows :- (a) where the amount of such expenditure does not exceed ten thousand rupees, the whole of such amount; (b) in any other case, ten thousand rupees as increased by a sum equal to fifty per cent. of such expenditure in excess of ten thousand rupees. Explanation : For the purposes of this sub-section, "entertainment expenditure" includes - (i) the amount of any allowance in the nature of entertainment allowance paid by the assessee to any employee or other person; (ii) the amount of any expenditure in the nature of entertainment expenditure [not being.....