Bare Act Search Results

Finance Act, 1997 Complete Act

State: Central

Year: 1997

.....actually paid and the subsequent previous year or years during which the licence, for which the fee is paid, shall be in force; (ii) 'appropriate fraction' means the fraction the numerator of which is one and the denominator of which is the total number of the relevant previous years; (iii) 'payment has actually been made' means the actual payment of expenditure irrespective of the previous year in which the liability for the expenditure was incurred according to the method of accounting regularly employed by the assessee. (2) Where the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) are less than the expenditure incurred remaining unallowed, a deduction equal to such expenditure remaining unallowed, as reduced by the proceeds of the transfer, shall be allowed in respect of the previous year in which the licence is transferred. (3) Where the whole or any part of the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) exceed the amount of the expenditure incurred remaining unallowed, so much of the excess as does not exceed the difference between the expenditure incurred to obtain the.....

Karnataka Souharda Sahakari Act, 1997 Section 23

Title: General Body

State: Karnataka

Year: 1997

.....Any reference in this Act to the general body shall apply to the representative general body also. (3) Subject to the other provisions of this Act, rules and the bye--laws, the following matters shall be dealt with by the general body namely:-- (a) consideration of the annual report presented by the board; (b) appointment and removal of auditors, Chartered Accountants and internal auditors; (c) consideration of the auditor's report and audited statement of accounts; (d) consideration of audit compliance report; (e) disposal of net profit; (f) review of operational deficit, if any; (g) approval of the long term perspective plan and the annual operational plan; (h) approval of the annual budget; (i) creation of specific reserves and other funds as specified in the bye--laws; (j) review of actual utilisation of reserve and other funds; (k) election of directors of the board; (l) removal of directors of the board and filling up of casual vacancies; (m) report on action taken on inquiry report under section 37, if any; (n) report on membership of the Co--operative in other Co--operatives; (o) review of annual report and accounts of any organisation.....

Karnataka Souharda Sahakari Act, 1997 Chapter IV

Title: Management of Co--operative

State: Karnataka

Year: 1997

..... (a) unless he needs the services of the Co--operative and accepts the responsibility of membership and is competent to contract under the Contract Act, 1872 (Central Act IX of 1872); (b) if he conducts any business, such business being in conflict or competition with the business of the Co--operative as specified in the bye--laws; and (c) unless he fulfills such other conditions as may be specified in the bye--laws of the Co--operative: Provided that after the registration of a Co--operative, the members shall be admitted only by the elected board. (2) No person shall be eligible to continue as a member if such person,-- (a) has not used the services of the Co--operative for two consecutive years to the minimum level specified in the bye--laws; or (b) has not attended three consecutive general meetings of the Co--operative and such absence has not received the consent of the general body; or (c) is in default regarding any payment to be made to the Co--operative exceeding an amount and for a period specified in the bye--laws. (3) If a question arises as to the eligibility or otherwise of a person to become a member or to continue as a member, the board shall.....

Telecom Regulatory Authority of India Act, 1997 Complete Act

State: Central

Year: 1997

.....the Monopolies and Restrictive Trade Practices Commission established under sub-section (1) of Section 5 of the Monopolies and Restrictive Trade Practices Act, 1969 -(54 of 1969); (b) the complaint of an individual consumer maintainable before a Consumer Disputes Redressal Forum or a Consumer Disputes Redressal Commission or the National Consumer Redressal Commission established under Section 9 of the Consumer Protection Act, 1986 -(68 of 1986); (c) dispute between telegraph authority and any other person referred to in sub-section (1) of section 7 -B of the Indian telegraph Act, 1885 -(13 of 1885). SECTION 15: FILING OF APPLICATION TO AUTHORITY AND PROCEDURE FOR PASSING ORDER BY IT (1) An aggrieved person may make an application in respect of matters referred to in sub-section (2) of section 14-within such period as may be prescribed. Explanation.-For the purposes of this sub-section, the expression "aggrieved person" means- (i) any service provider who has a dispute in respect of matters referred to in clauses (i) and (ii) of sub -section (2) of section 14;- (ii) where any loss or damages is caused to a group of consumers, any member representing such group of consumers. (2).....

Finance Act 1997 Chapter III

Title: Direct Taxes

State: Central

Year: 1997

.....of a recognised stock exchange" means the membership of a stock exchange in India which is recognised under the provisions of the Securities Contract (Regulation) Act, 1956 (42 of 1956); (xii) any transfer of a capital asset, being land of sick industrial company, made under a scheme prepared and sanctioned under section 18 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986), where such sick industrial company is being managed by its workers' co-operative : Provided that such transfer is made during the period commencing from the previous year in which the said company has become a sick industrial company under sub-section (1) of section 17 of that Act and ending with the previous year during which the entire net worth of such company becomes equal to or exceeds the accumulated losses. Explanation. - For the purposes of this clause, "net worth" shall have the meaning assigned to it in clause (ga) of sub-section (1) of section 3 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986).'. Section 17 - Amendment Of Section 47A Section 47A of the Income-tax Act shall be renumbered as sub-section (1) thereof and after sub-section.....

Finance Act 1997 Section 36

Title: Substitution of New Section for Section 115e

State: Central

Year: 1997

For section 115E of the Income-tax Act, the following section shall be substituted with effect from the 1st day of April, 1998, namely :- "115E. Tax on investment income and long-term capital gains. - Where the total income of an assessee, being a non-resident Indian, includes - (a) any income from investment or income from long-term capital gains of an asset other than a specified asset; (b) income by way of long-term capital gains, the tax payable by him shall be the aggregate of - (i) the amount of income-tax calculated on the income in respect of investment income referred to in clause (a), if any, included in the total income, at the rate of twenty per cent.; (ii) the amount of income-tax calculated on the income by way of long-term capital gains referred to in clause (b), if any, included in the total income, at the rate of ten per cent.; and (iii) the amount of income-tax with which he would have been chargeable had his total income been reduced by the amount of income referred to in clauses (a) and (b).".

Finance Act 1997 Schedule I

Title: First Schedule

State: Central

Year: 1997

..... (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, 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), or of the First Schedule to the Finance Act, 1994 (32 of 1994), or of the First Schedule to the Finance Act, 1995 (22 of 1995), or of the First Schedule to the Finance (No. 2) Act, 1996 (33 of 1996), 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,.....

EMPLOYEES' PROVIDENT FUNDS APPELLATE TRIBUNAL (CONDITIONS OF SERVICE) RULES, 1997 Complete Act

State: Central

Year: 1997

.....Provisions Act, 1952 (19 of 1952)- ; (b) "Tribunal" means the Employees' Provident Funds Appellate Tribunal constituted under Section 70 of the Act. RULE 03: PAY The Presiding Officer shall receive pay in the scale of (Rs 7300-7600) per mensem: Provided that in the case of an appointment as a Presiding Officer of a person who has retired as an judge of a High Court and who is in receipt of or has received or has become entitled to receive any retirement benefits by way of pension and/or gratuity, employer's contribution to the Contributory Provident Fund or other forms of retirement benefits, the pay shall be reduced by the gross amount of pension equivalent of service gratuity or employer's contribution to Contributory Provident Fund or any other form of retirement benefits, if any, but excluding pension equivalent of retirement gratuity, drawn or to be drawn by him. RULE 04: DEARNESS ALLOWANCE The Presiding Officer shall receive dearness allowance appropriate to his pay at the rates admissible to Group 'A' Officers of the Central Government drawing pay in the scale of Rs 7300-7600. RULE 05: CITY COMPENSATORY ALLOWANCE The Presiding Officer shall receive City.....

EMPLOYEES' PROVIDENT FUNDS APPELLATE TRIBUNAL (PROCEDURE) RULES, 1997 Complete Act

State: Central

Year: 1997

.....the scrutiny of the appeals before they are registered; (iii) to require any appeal presented to the Tribunal to be amended in accordance with the Act and the rules; (iv) subject to the direction of the Tribunal, to fix the date of first hearing of the appeals or other proceedings and issue notices thereof; (v) to direct any formal amendment of records; (vi) to order grant of copies of documents to parties to the proceedings; (vii) to grant leave to inspect the records of the Tribunal; (viii) to dispose of all matters relating to the service of notices or other processes for the issue of fresh notices and for extending the time for filing such appeals and to grant time not exceeding 15 days for filing a reply or rejoinder if any, and to place the matter before the Tribunal for appropriate orders after the expiry of the aforesaid period; (ix) to requisition records from the custody of any court of other authority; (x) to receive appeals within thirty days from the date of death for substitution of legal representatives of the deceased parties during the pendency of the appeals; (xi) to receive and dispose of appeals for substitution, except where the substitution would involve.....

The Delhi Council for Physiotherapy and Occupational Therapy Act, 1997 Complete Act

State: Delhi

Year: 1997

.....Delhi, on the 28th September, 1997 and is hereby published for general information:- THE DELHI COUNRIL FOR PHYSIOTHERAPY AND OCCUPATIONAL THERAPY ACT, 1997 (Delhi Act No.7 of 1997) (As passed by the Legislative Assembly of the National Capital Territory of Delhi) An Act to provide for the constitution of the Delhi Council for Physiotherapy and Occupational Therapy for the purpose of coordination and determination of standards of education in the filed of physiotherapy and occupational therapy, and for the maintenance of a Delhi Register of Physiotherapists and Occupational Therapists in the National Capital Territory of Delhi and for matters connected therewith or incidental thereto. Be it enacted by the Legislative Assembly of the National Capital Territory of Delhi in the Forty-eighty Year of the Republic of India as follows:- CHAPTER I PRELIMINARY 1. Short title, extent and commencement.- (1) This Act may be called the Delhi Council for Physiotherapy and Occupation Therapy Act, 1997. (2) It extends to the whole of the National Capital Territory of Delhi. (3) It shall come into force on such date as the Government may, be notification in the official.....