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Finance Act, 2012, (Central) Section 34

Title: Amendment of Section 92b

State: Central

Year: 2012

..... (e) a transaction of business restructuring or reorganisation, entered into by an enterprise with an associated enterprise, irrespective of the fact that it has bearing on the profit, income, losses or assets of such enterprises at the time of the transaction or at any future date; (ii) the expression "intangible property" shall include-- (a) marketing related intangible assets, such as, trademarks, trade names, brand names, logos; (b) technology related intangible assets, such as, process patents, patent applications, technical documentation such as laboratory notebooks, technical know-how; (c) artistic related intangible assets, such as, literary works and copyrights, musical compositions, copyrights, maps, engravings; (d) data processing related intangible assets, such as, proprietary computer software, software copyrights, automated databases, and integrated circuit masks and masters; (e) engineering related intangible assets, such as, industrial design, product patents, trade secrets, engineering drawing and schematics, blueprints, proprietary documentation; (f) customer related intangible assets, such as, customer lists, customer contracts, customer.....

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Finance Act, 2012, (Central) Section 21

Title: Amendment of Section 56

State: Central

Year: 2012

.....company or a venture capital fund; or (ii) by a company from a class or classes of persons as may be notified by the Central Government in this behalf. Explanation.--For the purposes of this clause,-- (a) the fair market value of the shares shall be the value-- (i) as may be determined in accordance with such method as may be prescribed; or (ii) as may be substantiated by the company to the satisfaction of the Assessing Officer, based on the value, on the date of issue of shares, of its assets, including intangible assets being goodwill, know-how, patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature, whichever is higher; (b) "venture capital company", "venture capital fund" and "venture capital undertaking" shall have the meanings respectively assigned to them in clause (a), clause (b) and clause (c) of Explanation 1 to clause (23FB) of section 10;'.

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The Khurukshetra University (Second Amendment) Act, 2012 Complete Act

State: Haryana

Year: 2012

THE KHURUKSHETRA UNIVERSITY (SECOND AMENDMENT) ACT, 2012 THE KHURUKSHETRA UNIVERSITY (SECOND AMENDMENT) ACT, 2012 [Act No. 23 of 2012] [14th September, 2012] PREAMBLE An Act Further to amend the Kurukshetra University Act, 1986. Be it enacted by the Legislature of the State of Haryana in the Sixty-third Year of the Republic of India as follows:-- Section 1 - Short title This Act may be called the Kurukshetra University (Second Amendment) Act, 2012. Section 2 - Amendment of section 4 of Haryana Act 28 of 1986 After sub-section (2) of section 4 of the Kurukshetra University Act, 1986, the following sub-section shall be added, namely:-- "(3) The University shall not, itself or through franchise or agency, operate or open any off campus centre and study centre: Provided further that if the University has well maintained post graduate regional centres with all the requisite infrastructure, the same shall continue to be administered by the University." Explanation.--For the purposes of this sub-section,-- (i) "off campus centre" means a centre of the University, by whatever name called, established by it outside the main campus, operated and.....

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The Maharshi Dayanand University (Second Amendment) Act, 2012 Complete Act

State: Haryana

Year: 2012

THE MAHARSHI DAYANAND UNIVERSITY (SECOND AMENDMENT) ACT, 2012 THE MAHARSHI DAYANAND UNIVERSITY (SECOND AMENDMENT) ACT, 2012 [Act No. 24 of 2012] [14th September, 2012] PREAMBLE An Act Further to amend the Maharshi Dayanand University Act, 1975. Be it enacted by the Legislature of the State of Haryana in the Sixty-third Year of the Republic of India as follow:-- Section 1 - Short title This Act may be called the Maharshi Dayanand University (Second Amendment) Act, 2012. Section 2 - Amendment of section 4 of Haryana Act 25 of 1975 After sub-section (2) of section 4 of the Maharshi Dayanand University Act, 1975, the following sub-section shall be added, namely:-- "(3) The University shall not, itself or through franchise or agency, operate or open off any campus centre and study centre: Provided further that if the University has well maintained post graduate regional centres with all the requisite infrastructure, the same shall continue to be administered by the University." Explanation.--For the purposes of this sub-section,-- (i) "off campus centre" means a centre of the University, by whatever name called, established by it outside the main.....

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