Bare Act Search Results

Hindu Gains of Learning Act, 1930 Complete Act

State: Central

Year: 1930

.....demoralising influence upon his character by inducing him to have recourse to dishonest subterfuges like benami transactions. Likewise, the present rule is not favourable to the growth of self-reliance among the dependent members of the family. In a rich family, it offers a premium to extravagance, idleness and perpetual discord. Its injustice is manifestly galling. Take, e.g., a case in which a father has three sons and incurs the same expenditure on their education. He sends them all to England to be educated for the 1.C.S. One is successful, the other two fail. Of the two who fail, one takes to trade, the other is unwilling to do any work and remains idle. The trader earns a large fortune, which the present law allows him to keep to himself, because his education in England was for the Civil Service and not for trade. But, out of the earnings of the Civilian, two shares are claimed, one by the trader and the other by the brother who has been idle. The trader keeps his own earnings and also takes a share of the Civilian's earnings. Take again a case in which three brothers are given by their father the same education for the same profession and at the same cost. Though they.....

Bombay Local Fund Audit Act, 1930, (Maharashtra) Preamble

Title: the Bombay Local Fund Audit Act, 1930

State: Maharashtra

Year: 1930

.....further amendments in the Bombay Act so extended.- vide Statement of Objects and Reasons.- Mah. Act No. 3 of 1961. Under the second proviso to sub-section (3) of section 10 of the Bombay Local Fund Audit Act, 1930, the Chief Auditor, Local Fund Accounts, was empowered to condone certain defects or irregularities in the accounts of any local authority which have been pointed out by him in his report and in respect of which he had not withdrawn his objection under that section, if the amount involved did not exceed rupees fifty. The Study Team on the Audit of Accounts of Panchayati Raj bodies appointed by the Government of India had recommended that the limit of waiver should be raised to rupees one hundred. It had also become necessary to raise this limit of waiver due to increase in the transactions of local authorities.- vide Statement of Objects and Reasons.- Mah. Act No. 25 of 1968. For the Local Fund wing of the Directorate of Accounts and Treasuries, new posts of Deputy Directors of Local Fund Accounts have been created and the existing Deputy Chief Auditors in the Regional Offices have been placed under their supervisory control. It was, therefore necessary to amend the.....