Bare Act Search Results

Income Tax Act, 1961 Complete Act

State: Central

Year: 1961

INCOME TAX ACT, 1961 INCOME TAX ACT, 1961 43 of 1961 [AS AMENDED BY FINANCE ACT, 2003] An Act to consolidate and amend the law relating to income-tax and super-tax BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows : CHAPTER 1 PRELIMINARY Section 1 Short title, extent and commencement (1) This Act may be called the Income-tax Act, 1961. (2) It extends to the whole of India. (3) Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962. Section 2 Definitions 1 Inserted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1) "advance tax" means the advance tax payable in accordance with the provisions of Chapter XVII-C;] 2 Renumbered as clause (1A) by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1A)] 3 For manner of computation of income which is partially agricultural and partially frombusiness, see rules 7, 7A, 7B and 8. For analysis, see Mashbra's Income-tax Rules."agricultural income" means - 4 Substituted by the Taxation Laws (Amendment) Act, 1970, w.r.e.f. 1-4-1962.[(a) any rent or revenue derived from land which is situated in India and is used for.....

Urban Land (Ceiling and Regulation) Act, 1976 Complete Act

State: Central

Year: 1976

URBAN LAND (CEILING AND REGULATION) ACT, 1976 URBAN LAND (CEILING AND REGULATION) ACT, 1976 33 of 1976 An Act to provide for the imposition of a ceiling on vacant land in urban agglomerations, for the acquisition of such land in excess of the ceiling limit, to regulate the construction of buildings on such land and for matters connected therewith, with a view to preventing the concentration of urban land in the hands of a few persons and speculation and profiteering therein and with a view to bringing about an equitable distribution of land in urban agglomerations to sub-serve the common good. WHEREAS it is expedient lo provide for the imposition of a ceiling on vacant land in urban agglomerations, for the acquisition of such land in excess of the ceiling limit, to regulate the construction of buildings on such land and for matters connected therewith, with a view lo preventing the concentration of urban land in the hands of a few persons and speculation and profiteering therein and with a view to bringing about an equitable distribution of land in urban agglomerations lo sub-serve the common good; AND WHEREAS Parliament has no power to make laws for the States with.....

Urban Land (Ceiling and Regulation) Act, 1976 [Repealed] Chapter III

Title: Ceiling on Vacant Land

State: Central

Year: 1976

.....vacant land in excess of the ceiling limit at such commencement" had been substituted. Explanation.--In this section, "commencement of this Act" means,-- (i) the date on which this Act comes into force in any State; (ii) where any land, not being vacant land, situated in a State in which this Act is in force he become vacant land by any reason whatsoever, the date on which such land becomes vacant land; (iii) where any notification has been issued under clause (n) of section 2 in respect of any area in a State in which this Act is in force; the date of publication of such notification. (2) If the competent authority is of opinion that-- (a) in any State to which this Act applies in the first instance, any person held on or after the 17th day of February, 1975 and before the commencement of this Act or holds at such commencement or (b) in any State which adopts this Act under clause (1) of Article 252 of the Constitution, any person holds at the commencement of this Act. vacant land in excess of the ceiling limit, then, notwithstanding anything contained in sub-section (1), may serve a notice upon such person requiring him to file, within such period as may.....

Wealth Tax Act, 1957 Complete Act

State: Central

Year: 1957

WEALTH TAX ACT, 1957 WEALTH TAX ACT, 1957 27 of 1957 An Act to provide for the levy of wealth-tax BE it enacted by Parliament in the Eighth Year of the Republic of India as follows:- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Wealth-tax Act, 1957. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 1st day of April, 1957. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires,- (a)2[***] 3[(b) "Appellate Tribunal" means the Appellate Tribunal constituted under section 252 of the Income-tax Act; (c) "assessee" means a person by whom wealth-tax or any other sum of money is payable under this Act, and includes- (i) every person in respect of whom any proceeding under this Act has been taken for the determination of wealth-tax payable by him or by any other person or the amount of refund due to him or such other person : (ii) every person who is deemed to be an assessee under this Act ; (iii) every person who is deemed to be an assessee in default under this Act; 4[(ca) "Assessing Officer " means the Deputy Commissioner of Income-tax or the Assistant Commissioner or the.....

The Payment And Settlement Systems (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....records or data relating to such derivatives or financial transactions, as may be specified by the Reserve Bank from time to time. . Amendment of section 23 3. In section 23 of the principal Act, (i) in sub-section (1), after the words to a payment system occurring at the end, the words and figure under section 7, or, such gross or netting procedure as may be approved by it under any other provisions of this Act shall be inserted; (ii) for sub-section (4), the following sub-section shall be substituted, namely: (4) Where, by an order of a court, Tribunal or authority (a) a system participant is declared as insolvent or is dissolved or wound up; or (b) a liquidator or receiver or assignee (by whatever name called), whether provisional or otherwise, is appointed in a proceeding relating to insolvency or dissolution or winding up of a system participant, then, notwithstanding anything contained in the Banking Regulation Act,1949 or the Companies Act,1956 or the Companies Act, 2013 or any other law for the time being in force, such order shall not affect any settlement that has become final and irrevocable prior to such order or immediately thereafter, and the right of the.....

The Punjab Bhudan Yagna Act, 1955 Complete Act

State: Punjab

Year: 1955

.....(Reorganisation) Order, 1969. (2For Statement of Objects and Reasons see Punjab Government Gazet6te (Extraordinary). 1957 page 689) An Act to facilitate activities in connection with the Bhudan Yagna initiabted by Shri Acharya Vinoba Bhave, to provide for the constitution of a Bhudan Yagna Board the donation of lands to the said Board, the distribution to the said Board the distribution of lands received in donation to landless persons as also their utilisation for Community purposes; and for purposes connected with the matters aforesaid. BE it enacted by the Legislature of the State of Punjab in the Seventh Year of the Republic of India as follows :- CHAPTER - 1 PRELIMINARY. 1. Short title, extenet and commencement: (1) This Act may be called the Punjab Bhudan Yagna Act, 1955. 3 [(2) It extends to the territories, which immediately before the 1st day of November 1966 were comprised in the state of Punjab excluding the Union Territory of Chandigarh formed under section 4 of the Punjab Reorganisation Act, 1966 (31 of 1966).] (3Substituted by Govt. of India S. O. 1303, dated 31st March, 1969) (3) It shall come into force at once. 2. Definitions: In.....

The Delhi Bhoodan Yagna Act, 1955 Complete Act

State: Delhi

Year: 1955

..... 27. Regulations The Board may from time to time with the previous sanction of the State Government make regulations consistent with this Act and rules made thereunder- (a) for regulating its procedure and disposal of its business; (b) for the remuneration and conditions of service of its employees; (c) for the principles to be followed for the distribution of lands, qualifications of persons to whom lands may be given and the maximum areas to be leased to one family; (d) for prescribing conditions for advancing loans to lessees; (e) for any other matter arising out of the Board's functions under this Act for which it is necessary or expedient to make regulations. 28. Power to make rules. (1) The State Government may by notification make For the rules Delhi Bhoodan Yagna rules, 1958, see Notification No. F. 3(18) /56, GA & R / Revenue dated the 14th May, 1958; p. 267. Delhi Adm. Gazette Part IV, dated 5th June, 1958, rules to carry out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing power, the State Government may make rules " (a) prescribing the area of land for purpose of clause (f) of section.....

Subsidiary Banks General Regulations, 1959 Complete Act

State: Central

Year: 1959

.....of the requisition. REGULATION 19: BUSINESS AT GENERAL MEETINGS (1) No business other than that specified in sub-section (2) of section 44-of the Act shall be transacted or discussed at the annual general meeting, except with the consent of the chairman or other person presiding at the meeting, unless not les than six week's notice of the same has been given to the chairman or the4[managing director] of the subsidiary bank either by the State Bank or by at least ten other share holders qualified to vote at the meeting. Such notice shall take the form of a definite resolution to be put to the meeting, and shall be included in the notice of the meeting. (2) Except with the consent of the chairman or other person presiding at the meeting, no business shall be transacted or discussed at any special general meeting, except the business for which the meeting has been specifically convened. REGULATION 20 QUORUM AT GENERAL MEETINGS No business shall be transacted at any meeting of the shareholders whether it is the annual general meeting or any special general meeting, unless a quorum of at least five shareholders consisting of the State Bank represented by a proxy or by a duly.....

Payment and Settlement Systems Act, 2007 Complete Act

State: Central

Year: 2007

PAYMENT AND SETTLEMENT SYSTEMS ACT, 2007 PAYMENT AND SETTLEMENT SYSTEMS ACT, 2007 51 OF 2007 An Act to provide for the regulation and supervision of payment systems in India and to designate the Reserve Bank of India as the authority for that purpose and for matters connected therewith or incidental thereto. Be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:- CHAPTER 1 : Preliminary SECTION 1 : Short title extent and commencement (1) This Act may be called the Payment and Settlement Systems Act, 2007. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act, and any reference to the commencement in any such provision of this Act shall be construed as a reference to the commencement of that provision. SECTION 2 : Definitions (1) In this Act, unless the context otherwise requires,- (a) "bank" means,- (i) a bank included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934); (ii) a post office savings bank; (iii) a banking company.....

Payment and Settlement Systems Act 2007 Section 23

Title: Settlement and Netting

State: Central

Year: 2007

.....that has become final and irrevocable and the right of the system provider to appropriate any collaterals contributed by the system participant towards its settlement or other obligations in accordance with the rules, regulations or bye-laws of such system provider. Explanation-For the removal of doubts, it is hereby declared that the settlement, whether gross or net, referred to in this section is final and irrevocable as soon as the money, securities, foreign exchange or derivatives or other transactions payable as a result of such settlement is determined, whether or not such money, securities or foreign exchange or derivatives or other transactions is actually paid.