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Start Free TrialFinance Act 1972 Chapter III
Title: Direct Taxes-income-tax
State: Central
Year: 1972
.....: Provided that no deduction shall be made under this section from any payment made before the 1st day of June, 1972. 194C. Payments to contractors and sub-contractors. - (1) Any person responsible for paying any sum to any resident (hereafter in this section referred to as the contractor) for carrying out any work (including supply or labour for carrying out any work) in pursuance of a contract between the contractor and - (a) the Central Government or any State Government; or (b) any local authority; or (c) any corporation established by or under a Central, State or provincial Act; or (d) any company, shall, at the time of credit of such sum to the account of the contractor or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct an amount equal to 2 per cent. of such sum as income-tax on income comprised therein. (2) Any person (being a contractor and not being an individual or a Hindu undivided family) responsible for paying any sum to any resident (hereafter in this section referred to as the sub-contractor) in pursuance of a contract with the sub-contractor for carrying out, or for the.....
View Complete Act List Judgments citing this sectionDelhi Cooperative Societies Act, 1972 Complete Act
State: Delhi
Year: 1972
.....as member of a co-operative society except the following, namely : (a) an individual competent to contract under Section 11 of the Indian Contract Act, 1972 (b) any other co-operative society (c) the Central Government; and (d) such class or classes of persons or association of persons as may be notified by the Lieutenant-Governor in his behalf : Provided that the provisions of clause (a) shall not apply to an individual seeking admission to a society exclusively formed for the benefit of students of a school or college (2) Notwithstanding anything contained in sub-section (1), the Lieutenant- Governor may, having regard to the fact that the interest of any person or class of persons conflicts or is likely to conflict with the objects of any society or class of societies, by general or special order, published in the Delhi Gazette, declare that any person or class of persons engaged in or carrying on any profession, business or employment shall be disqualified from being admitted, or for continuing as members or shall be eligible for membership only to a limited extent of any specified society or class of societies, so long as such person is or such persons are.....
List Judgments citing this sectionWild Life (Protection) Act, 1972 Annexe I
Title: Annexe
State: Central
Year: 1972
.....in the cases of birds and reptiles, their eggs; Clause (4) of section 2 (4) "Board" means the Wild Life Advisory Board constituted under sub-section (1) of section 6; Clause (8) of section 2 (8) "closed area" means the area which is declared under sub-section (1) of section 37 to be closed to hunting; Clause (9) of section 2 (9) "Collector" means the chief officer in charge of the revenue administration of a district; Clause (12A) of section 2 (12A) "Forest Officer" means the Forest Officer appointed under clause (2) of section 2 of the Indian Forest Act, 1927; Sub-clauses (a) and (b) of clause (16) of section 2 (a) capturing, killing, poisoning, snaring and trapping of any wild animal and every attempt to do so, (b) driving any wild animal for any of the purposes specified in sub-clause (a), Clause (18A) of section 2 (18A) "Iive stock" indudes buffaloes, bulls, bullocks, camels, cows, donkeys, goats, horses, mules, pigs, sheeps, yaks and also indudes their young; Clauses (19) and (20) of section 2 (19) "manufacturer" means a manufacturer of animal articles; (20) "meat" indudes blood, bones, sinew, eggs, fat and flesh, whether raw or cooked, of.....
View Complete Act List Judgments citing this sectionGeneral Insurance Business (Nationalisation) Act, 1972 Complete Act
State: Central
Year: 1972
.....Companies Act; (i) "Indian insurance company" means an existing insurer having a share capital who is a company within the meaning of the Companies Act; (j) "Insurance Act" means the Insurance Act, 1938; (k) Life Insurance Corporation" means the Life Insurance Corporation of India established under the Life Insurance Corporation Act, 1956; (l) "notification" means a notification published in the Official Gazette; (m) "prescribed" means prescribed by rules made under this Act; (n) "Schedule" means the Schedule to this Act; (o) "scheme" means the scheme framed under section 16-3[and also includes a scheme framed under section 17A-]; (p) words and expressions used in this Act but not defined herein and defined in the Insurance Act, shall have the meanings respectively assigned to them in that Act; (q) words and expressions used in this Act but not defined herein or in the Insurance Act and defined in the Companies Act, shall have the meanings respectively assigned to them in the Companies Act. Clause 3.- "The Committee feel that the Act should be made effective as early as possible and, for that purpose, there should be an overall time limit beyond which the implementation of the.....
List Judgments citing this sectionThe Assam Agricultural Produce Market Act, 1972 Complete Act
State: Assam
Year: 1972
THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 (ASSAM ACT XXIII OF 1974) (as amended upto 2000) (Received assent of the President on the 3rd September 1974) An Act to provide for better regulation of buying and selling of agricultural produce and the establishment of market for agricultural produce in the State of Assam and for matters connected therewith. Preamble Whereas it expedient to provide for better regulation of buying and selling of agricultural produce in the State of Assam and stablishment of regulated markets for agricultural produce; And whereas the previous sanction of the President of India under the provision of Article 304(b) of the Constitution of India has been obtained for the introduction of the Bill in the Legislative Assembly; It is hereby enacted in the Twenty-third year of Republic of India as follows :- CHAPTER I Preliminary Short title extendand commencement 1. (1) This Act may be called the Assam Agricultural Produce Market Act, 1972. (2) It shall extend to such areas of the State of Assam as may be notified by the State Government from time to time in the.....
List Judgments citing this sectionThe Pondicherry Cooperative Societies Act, 1972 Complete Act
State: Pondicherry
Year: 1972
.....22, the rules made in this behalf or the by-laws of the society,- (a) any individual competent to contract under section 11 of the Indian Contract Act, 1872; (Central Act 9 of 1872) ; (b) any registered society ; (c) the Government, shall be eligible for admission as a member of a registered society : Provided that this section shall not apply in the case of a society formed exclusively for the benefit of the students of any college or school. Provided further that a Hindu undivided family as such shall not be eligible for admission s a member of a registered society: Provided also that persons who are minors or of unsound mind may be admitted as members of such class of registered societies as may be prescribed and such members shall possess only such privileges and rights of members and be subject only to such liabilities of members as may be prescribed : Provided also that in a society formed for the promotion of the economic interests of its members, through a specified activity no person other than one who is likely to be benefitted directly by such activity may be admitted as a member of such society unless such admission is permitted specifically by the.....
List Judgments citing this sectionWest Bengal Agricultural Produce Marketing (Regulation) Act, 1972 Complete Act
State: West Bengal
Year: 1972
.....defined and brought within the ambit of regulation, a large part of the buying and selling of agricultural produce may evade the operation of the Act. The Act oriented towards controlling the owners of markets; the primary duty of running the markets is Imposed upon the owners of the market: the market committee or the State Government may not intervene except in the event of formal failure on the part of the owners. If the present owners abide by the fair rents, undertake to check specified malpractices, provide for certain sanitary arrangements and maintain the markets as they are. such markets have to be left in their charge. The owners do not have any obligation to develop the markets and will have no incentive nor will they have resources enough for Investment for new development. An Act to provide for the regulation of marketing of agricultural produce in West Bengal. Assent of the President of India was first published In the Calcutta Gazette, Extraordinary, dated the 31st October. 1972. WHEREAS it is expedient to provide for the regulation of marketing of agricultural produce in West Bengal and for matters connected therewith; AND WHEREAS previous sanction of the.....
List Judgments citing this sectionTamil Nadu Debt Relief Act, 1972 Complete Act
State: Tamil Nadu
Year: 1972
TAMIL NADU DEBT RELIEF ACT, 1972 TAMIL NADU DEBT RELIEF ACT, 1972 ACT NO. 38 OF 1972 CONTENTS CHAPTER 1 1. Short title. 2. Definitions 3. Certain debts and liabilities not to be affected. 4. Special Provision for undivided Hindu Families etc. 5. Heirs of non-debtor members of Hindu Families to be non-debtors. CHAPTER II 6. Debt payable by debtors to be scaled down. 7. Provisions for debts incurred before 1st March 1972. 8. Special provision in respect of mortgages. 10. Provision as to costs, etc., in certain cases. 11. Rate of interest payable by debtors on old loans. 12. Rate of interest payable by debtors on new loans. 13. Separation of share of debt in particular cases. CHAPTER III 14. Provision as to costs in certain cases 15. Amendment of certain decrees. 16. Stay of execution proceeding. 17. Adjudications in insolvency. 18. Special provisions in case of certain sales of movable property. 19. Sales of immovable property to be set aside in certain cases. 20. Consequential provision on setting aside of sale. 21. Power of Court to reject certain claims. 22. Alienations by debtor. 23......
List Judgments citing this sectionWest Bengal Housing Board Act, 1972 Complete Act
State: West Bengal
Year: 1972
.....property both movable and immovable, enter into contract and do all things necessary for the purposes of this Act. (3) For the purposes of this Act and the Land Acquisition Act the Board shall be deemed to be a local authority. Section 4 Application of West Bengal Act 12 of 1956 For the removal of doubts, it is hereby declared that the West Bengal Premises Tenancy Act,1956 (a) shall not apply to any land or building belonging to or vested in the Board; (b) shall not apply as against the Board to any tenancies or other like relationship created by the Board in respect of such land or building; (c) but shall apply to any land or building let out in favour of the Board. Section 5 Members of the Board and their resignation or removal (1)The Board shall consist of a Chairman who shall be the Minister-in-charge of the Housing Department of the State Government and a Vice-Chairman to be appointed by the State Government and the following other members, that is to say, (a)55. Clauses (1) and (ii) first subs. by W.B. Act 35 of 1973. Thereafter the present clauses (I) and (11) subs by W.B. Act 61 of 1978. Previous clauses (1) and (11) were as under: "(1) Commissioner......
List Judgments citing this sectionLimestone and Dolomite Mines Labour Welfare Fund Act, 1972 Complete Act
State: Central
Year: 1972
.....2 of the Mines Act, 1952-; (b) "factory" and "occupier" have the meanings respectively assigned to them in clauses (m) and (n) of section 2 of the Factories Act, 1948-;3[(bb) "Limestone" includes minerals like lime-shell, calcareous sand and sea sand essentially composed of lime shell, marl, kankar. or lime kankar;] (c) "manager" means the manager referred to in section 17 of the Mines Act, 1952-; (d) a person is said to be employed in a limestone or dolomite mine,- (1) if he is employed within the premises or in the vicinity of such mine by the owner, agent or manager of such mine or by a contractor or any other agency exclusively in any one or more of the following, namely:- (i) any limestone or dolomite mining operation; (ii) the operation, servicing, maintenance or repair of any machinery or any part thereof used in or about such mine; (iii) the loading, unloading or despatch of limestone or dolomite or any other material connected with the mining of limestone or dolomite; (iv) any work in any office, canteen or creche situate within the precincts of such mine; (v) any welfare, health, sanitary or conservancy services or any, watch and ward duties at any place situate within.....
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