Bare Act Search Results

Finance Act, 1987 Chapter III

Title: Direct Taxes

State: Central

Year: 1987

.....immovable property to be taken or retained in part performance of a contract of the nature referred to in section 53A of the Transfer of Property Act, 1882 (4 of 1882); or (vi) any transaction (whether by way of becoming a member of, or acquiring shares in, a co-operative society, company or other association of persons or by way of any agreement or any arrangement or in any other manner whatsoever) which has the effect of transferring, or enabling the enjoyment of, any immovable property. Explanation : For the purposes of sub-clauses (v) and (vi), "immovable property" shall have the same meaning as in clause (d) of section 269UA Section 4 - Amendment Of Section 10 In section 10 of the Income-tax Act, - (a) after clause (10B), the following clause shall be inserted, namely :- "(10C) any payment received by an employee of a public sector company at the time of his voluntary retirement in accordance with any scheme which the Central Government may, having regard to the economic viability of such company and other relevant circumstances, approve in this behalf." (b) in clause (15), - (i) in sub-clause (ii), - (A) in the opening paragraph, for the words, brackets.....

Expenditure Tax Act, 1987 Complete Act

State: Central

Year: 1987

.....but not defined and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. SECTION 3: Application of the Act: This Act shall apply in relation to any chargeable expenditure- (1) [incurred before the 1st day of June, 2003 in a hotel wherein the room charges for any unit of residential accommodation at the time of incurring of such expenditure are ["three thousand rupees or more per day"] and where.- (a) a composite charge is payable in respect of such unit and food, the room charges included therein shall be determined in the prescribed manner; (b) (i) a composite charge is payable in respect of such unit, for drinks and other services, or any of them, and the case is not covered by the provisions of sub-clause (a), or (ii) it appears to the Assessing Officer that the charges for such unit, food, drinks or other services are so arranged that the room charges are understated and the other charges are overstated, the Assessing Officer shall, for the purposes of this clause determine the room charges on such reasonable basis as he may deem fit: and (2) incurred in a restaurant [before the 1st day of June, 1992.]] SECTION 4: Charge of.....

Finance Act, 1987 Complete Act

State: Central

Year: 1987

.....Be it enacted by Parliament in the Thirty-eighth. Year of the Republic of India as follows : --- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called The Finance Act, 1987. (2) Save as otherwise provided in this Act. Sections 2 SECTION 02: INCOME-TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1987, income-tax shall be charged at the rates specified in Part I of the First Schedule. (2) In the cases to which Sub-Paragraph I or Sub-Paragraph II of Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding six hundred rupees, in addition to total income, and the total income exceeds,- (i) in a case to which the said Sub-Paragraphs I applies, eighteen thousand rupees, and (ii) in a case to which the said Sub-Paragraph II applies, twelve thousand rupees, then,- (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,--- (i) in a case to which the said Sub-Paragraph I applies, the first.....

Legal Services Authorities Act, 1987 Complete Act

State: Central

Year: 1987

.....Section 3-A] 6(k) "Taluk Legal Services Committee" means a Taluk Legal Services Committee constituted under Section 11-A.] (2) Any reference in this Act to any other enactment or any provision thereof shall, in relation to an area in which such enactment or provision is not in force, be construed as a reference to the corresponding law or the relevant provision of the corresponding law, if any, in force in that area. SECTION 03: CONSTITUTION OF NATIONAL LEGAL SERVICES AUTHORITY 25(1) The Central Government shall constitute a body to be called the National Legal Services Authority to exercise the powers and perform the functions conferred on, or assigned to, the Central Authority under this Act. (2) The Central Authority shall consist of- (a) The Chief Justice of India who shall be Patron -in-Chief; (b) A serving or retired Judge of the Supreme Court to be nominated by the President, in consultation with the Chief Justice of India, who shall be the Executive Chairman; and (c) Such number of other members, possessing such experience and qualifications, as may be prescribed by the Central Government, to be nominated by that Government in consultation with the Chief Justice of India......

National Housing Bank Act, 1987 Complete Act

State: Central

Year: 1987

.....Act, 1934, shall have the meanings respectively assigned to them in that Act; (k) words and expressions used herein and not defined either in this Act or in the Reserve Bank of India Act 1934, but defined in the Banking Regulation Act, 1949, shall have the meanings respectively assigned to them in the Banking Regulation Act, 1949. SECTION 03: ESTABLISHMENT AND INCORPORATION OF NATIONAL HOUSING BANK (1) With effect from such date2as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank. (2) the National Housing Bank shall be a body corporate with the name aforesaid having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property and to contract, and may, by that name, sue and be sued. (3) The head office of the National Housing Bank shall be at Bombay or at such other place as the Reserve Bank may, by notification, specify. (4) The National Housing Bank may establish offices, branches or agencies at any place in India, and with the previous approval of the Reserve Bank, at any place outside India. .....

The Legal Services Authorities Act, 1987 Complete Act

State: Kerala

Year: 1987

.....VI; (c) "notification" means a notification published in the Official Gazette; (d) "prescribed" means prescribed by rules made under this Act; [Ins. by Act 59 of 1994, sec. 2 (w.e.f. 29.10.1994)] (ff) "regulations" means regulations made under this Act; (e) "scheme" means any scheme framed by the Central Authority, a State Authority or a District Authority for the purpose of giving effect to any of the provisions of this Act; (f) "State Authority" means a State Legal Services Authority constituted under Section 6; (g) "State Government" includes the administrator of a Union territory appointed by the President under article 239 of the Constitution; (h) "Supreme Court Legal Services Committee" means the Supreme Court Legal Services Committee constituted under Section 3A; (i) "Taluk Legal Services Committee" means a Taluk Legal Services Committee constituted under Section 11A. (2) Any reference in this Act to any other enactment or any provision thereof shall, in relation to an area in which such enactment or provision is not in force, be construed as a reference to the corresponding law or the relevant provision of the corresponding law, if any, in force.....

The Legal Services Authorities Act, 1987 Complete Act

State: Rajasthan

Year: 1987

.....VI; (c) "notification" means a notification published in the Official Gazette; (d) "prescribed" means prescribed by rules made under this Act; (Ins. by Act 59 of 1994, sec. 2 (w.e.f. 29.10.1994)) (ff) "regulations" means regulations made under this Act; (e) "scheme" means any scheme framed by the Central Authority, a State Authority or a District Authority for the purpose of giving effect to any of the provisions of this Act; (f) "State Authority" means a State Leal Services Authority constituted under Section 6; (g) "State Government" includes the administrator of a Union territory appointed by the President under article 239 of the Constitution; (h) "Supreme Court Legal Services Committee" means the Supreme Court Legal Services Committee constituted under Section 3A; (i) "Taluk Legal Services Committee" means a Taluk Legal Services Committee constituted under Section 11A. (2) Any reference in this Act to any other enactment or any provision thereof shall, in relation to an area in which such enactment or provision is not in force, be construed as a reference to the corresponding law or the relevant provision of the corresponding law, if any, in force in.....

National Housing Bank Act, 1987 Amending Act 1

Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006

State: Central

Year: 1987

.....Act, 1959, the Deposit Insurance and Credit Guarantee Corporation Act, 1961, the Export-Import Bank of India Act, 1981 and the National Housing Bank Act, 1987. BE it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:-- CHAPTER I PRELIMINARY 1. Short title and Commencement.-- (1) This Act may be called the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. CHAPTER II AMENDMENTS TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 2. Amendment of section 3.-- In section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970(5 of 1970) (hereafter in this Chapter referred to as the Bank Nationalisation Act),-- (a) in sub-section (2B), for clause (c), the following shall.....

Goa, Daman and Diu Reorganisation Act, 1987 Complete Act

State: Central

Year: 1987

.....allotted to that State. SECTION 39: INVESTMENTS IN AND LOANS, ETC. TO CERTAIN CORPORATE BODIES Where any body corporate constituted under a Central Act or a State Act for the existing Union territory, or any part thereof, has, by virtue of the provisions of Part II, become an inter-State body corporate, the investments in, or loans or advances to, any such body by the Union made before the appointed day shall be divided between the State of Goa and the Union in such manner as may be agreed between them before the expiration of one year from the appointed day, or in default of such agreement in such manner as the Central Government may, by order, direct. SECTION 40: ASSETS AND LIABILITIES OF STATE UNDERTAKINGS - The assets and liabilities relating to any commercial undertaking of the existing Union territory shall,- (a) if the undertaking is located in the district of Goa of the existing Union territory, pass to the State of Goa; (b) if the undertaking is located in the district of Goa of the well as the districts of Daman and Diu, of the existing Union territory, be divided in such manner as may be agreed upon between the State of Goa and the Union before the expiration of one.....

The Tripura Excise Act, 1987 Complete Act

State: Tripura

Year: 1987

THE TRIPURA EXCISE ACT, 1987 THE TRIPURA EXCISE ACT, 1987 An Act to consolidate und amend the Laws relating to duties of excise in Tripura . Be it enacted by the Tripura Legislative Assembly in the Thirty Eighth year of the Republic of India as follows :- CHAPTER I Preliminary 1. Short title, Extent and Commencement - (1) This Act may be called the Tripura Excise Act, 1987. (2) It extends to the whole of Tripura. (3) It shall come into force immediately. 2. Definitions - (1) In this Act, unless there is anything repugnant in the subject or context, (a) "beer" includes ale, stout, porter and other fermented liquor made from malt; and such other substances as the state Government may specify on this behalf. (b) "bottle" means to transfer liquor from a cask or other vessel to a bottle or other receptacle for the purpose of sale, whether any process of rectification be employed or not; and includes re-bottling. (c) "Collector" means the Collector of the District and includes any officer appointed by the State Government to exercise and perform all or any of the powers and functions of the Collector under this Act; (d) "denaturant" means any substance prescribed for.....