Bare Act Search Results

Finance Act, 1983 Schedule I

Title: First Schedule

State: Central

Year: 1983

.....any debentures issued by a company where such debentures are listed in a recognised stock exchange in India in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956), and any rules made thereunder (vi) on any other income (excluding interest payable on a tax-free security) 20 per cent. 2.5 per cent.; (b) where the person is not resident in India - (i) in the case of a non-resident Indian - (A) on investment income and long-term capital gains 20 per cent. 2.5 per cent.; (B) on income by way of interest payable on a tax-free security 15 per cent. 1.875 per cent.; (C) on the whole of the other income cent. of the amount of the income, income-tax at 30 per cent. and surcharge at 3.75 per or income-tax and surcharge on income-tax in respect of the income at the rates prescribed in Sub-Paragraph I of Paragraph A of Part III of this Schedule, if such income had been the total income, whichever is higher; (ii) in the.....

Education Act, 1983 Section 108

Title: Liability of Secretary to Repay Debts Incurred in Certain Cases

State: Karnataka

Year: 1983

Where any secretary incurs debt for the purpose of running an educational institution without proper authorisation by the Governing Council or the Managing Committee as the case may be of such institution and where it is found by the competent authority after making an enquiry that the monies received through such debts have not-been utilised for running the institution. It shall be the personal liability of such secretary to discharge the said debts.

Finance Act, 1983 Complete Act

State: Central

Year: 1983

.....OF CLOSELY-HELD COMPANIES - [Note this section has been omitted by Finance Act 18 to 1992 S. 117 (1-4-1993)]. SECTION 41: (Amendments to Wealth-tax Act incorporated in that Act. hence not given,] SECTION 42: AMENDMENT OF SECTION 5 - (Amendments incorporated in the Principal Act]. SECTION 43: AMENDMENT OF SECTION 4 - Insection 4 of the Interest-tax Act, 1974-the following proviso shall be inserted at the end, namely:- "Provided that the rate at which interest-tax shall be charged in respect of any chargeable interest accruing or arising after the 31st day of March, 1983 shall be three and a half per cent. of such chargeable interest" SECTION 44: AMENDMENT OF ACT 51 OF 1975 - [Amendments incorporated in the Customs Tariff Act, 1975] SECTION 45: AUXILIARY DUTIES OF CUSTOMS (1) In the case of goods mentioned in the First Schedule to the Customs Tariff Act, or in that Schedule as amended from-time to time. there shall believed and collected as an auxiliary duty of customs an amount equal to fifty percent. of the value of the goods as determined in accordance with the provisions ofSection 14 of the Customs Act, 1962-(hereinafter referred to as the Customs Act). (2) Sub-section (1).....

The Tamil Nadu Cooperative Societies Act, 1983 Complete Act

State: Tamil Nadu

Year: 1983

THE TAMIL NADU CO-OPERATIVE SOCIETIES ACT, 1983 THE TAMIL NADU CO-OPERATIVE SOCIETIES ACT, 1983 (ACT NO.30 OF 1983) Brought into force with effect from 13-4-1988. No. II(2)/CO/1568(b)/88-G.o.Ms.No.115, dated 24-3-1988, Published in the Tamil Nadu Government Gazette Extraordinary, Part II, Section 2, dated 1-4-1988. [Received the assent of the President on the 15th July 1983 first published in the Tamil Nadu Government Gazette Extraordinary on the 1st November, 1983] An Act to amend and consolidate the law relating to and to make better provision for, the organization, management and supervision of co-operative societies in the State of Tamil Nadu. WHEREAS it is expedient further to provide for an orderly development of the co-operative movement in accordance with co-operative principles such as open membership, democratic management limited interest on capital, distribution of surplus based on patronage, provision for co-operative education and co-operation among co-operatives, for the promotion of thrift, self-help and mutual aid among persons with common socio-economic needs so as to bring about improvement in agriculture and industry, better methods of.....

West Bengal Cooperative Societies Act, 1983 Complete Act

State: West Bengal

Year: 1983

.....an officer not below the rank of an Assistant Registrar of Cooperative Societies as may be prescribed; 1010. Clause (19a) was first inst. by W.B. Act 27 of 1989, then subs. by W.B. Act 22 of 1992. (19a) "Director of Co-operative Audit" means the person appointed to be the Director of Co-operative Audit under sub-section (2) of section 9; (20) "dispute" means any matter capable of being the subject of civil litigation, and includes a claim in respect of any sum payable to or by a co-operative society; 1111. Clause (21) subst. by W.B. Act 21 of 1990. (21) "district co-operative union" means a co-operative society which has an area of membership extending to the whole of a co-operative range and the primary object of which is to assist the State Co-operative Union in implementing its objects; (22) "engineers' co-operative" means a co-operative society formed of unemployed (i) degree holders in any branch of engineering, technology, science, commerce, arts or agriculture, or (ii) diploma holders in any branch of engineering, technology or agriculture, or (iii) certificate holders in any industrial trade, for their exclusive benefit, the percentage of degree or diploma holders.....

Finance Act, 1983 Chapter III

Title: Direct Taxes

State: Central

Year: 1983

.....April, 1984, namely :- "43B. Certain deductions to be only on actual payment. - Notwithstanding anything contained in any other provision of this Act, a deduction otherwise allowable under this Act in respect of - (a) any sum payable by the assessee by way of tax or duty under any law for the time being in force, or (b) any sum payable by the assessee as an employer by way of contribution to any provident fund or superannuation fund or gratuity fund or any other fund for the welfare of employees, shall be allowed (irrespective of the previous year in which the liability to pay such sum was incurred by the assessee according to the method of accounting regularly employed by him) only in computing the income referred to in section 28 of that previous year in which such sum is actually paid by him. Explanation : For the removal of doubts, it is hereby declared that where a deduction in respect of any sum referred to in clause (a) or clause (b) of this section is allowed in computing the income referred to in 28 of the previous year (being a previous year relevant to the assessment year commencing on the 1st day of April, 1983 or any earlier assessment year) in which the.....

Finance Act, 1983 Section 40

Title: Revival of Levy of Wealth-tax in the Case of Closely-held Companies

State: Central

Year: 1983

..... (v) land other than agricultural land; (vi) building or land appurtenant thereto, other than building or part thereof used by the assessee as factory, godown, warehouse, hotel or office for the purposes of its business or as residential accommodation for its employees or as a hospital, enter, school, canteen, library, recreation enter, shelter, rest-room or lunch room mainly for the welfare of its employees and the land appurtenant to such building or part : Provided that each such employee is an employee whose income (exclusive of the value of all benefits or amenities not provided for by way of monetary payment) chargeable under the head "Salaries" under the Income-tax Act does not exceed eighteen thousand rupees; (vii) motor-cars; and (viii) any other asset which is acquired or represented by a debt secured on any one or more of the assets referred to in clause (i) to clause (vii). (4) The value of any asset specified in sub-section (3) shall, subject to the provisions of sub-section (3) of section 7 of the Wealth-tax Act, be estimated to be the price which, in the opinion of the Wealth-tax Officer, it would fetch if sold in the open market on the valuation.....

Education Act, 1983 Chapter 15

Title: Control of Private Educational Institution

State: Karnataka

Year: 1983

.....shall be governed by such Code of Conduct as the State Government may after previous publication prescribe. In such other matters arising under this Act and not covered by the Code of Conduct aforesaid, the Governing Council shall be governed by such Code of Conduct prepared by it with the prior approval of the State Government as is not inconsistent with the Code of Conduct prescribed by the State Government which shall be communicated to the competent authority for information. Section 103 - Furnishing of list of properties (1) Every private educational institution shall, maintain a list of the properties, both moveable and immoveable owned or possessed by it. (2) The management shall, on or before the prescribed date, furnish to the competent authority a copy of such list in the manner and form as may be prescribed. Section 104 - Utilisation of Funds, etc. (1) All moneys collected, grants received and all property held by the management on behalf of a private educational institution shall be utilised for the prescribed purposes and the purposes for which they are intended and shall be accounted for by the private educational institution in such manner as may be.....

Eastern Distilleries (Private) Limited (Acquisition and Transfer of Undertakings) Act, 1983 Complete Act

State: West Bengal

Year: 1983

.....LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1983 EASTERN DISTILLERIES (PRIVATE) LIMITED (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1983 44 of 1983 23rd March, 1984 An Act to provide for the acquisition and transfer, in the public interest, of the undertakings of the Eastern Distilleries (Private) Limited, and for matters connected therewith or incidental thereto. WHEREAS the Eastern Distilleries (Private) Limited had been engaged in the manufacture and production of industrial alcohol and spirit which are essential to the needs of the general public; AND WHEREAS the management of the undertakings of the Eastern Distilleries (Private) Limited had been conducted in a manner highly detrimental to the public interest ; AND WHEREAS the management of the undertakings of the Eastern Distilleries (Private) Limited was taken over by the Central Government under section 18A of the Industries (Development and Regulation) Act, 1951; AND WHEREAS for the purpose of reconstructing and rehabilitating the undertakings of the Eastern Distilleries (Private) Limited so as to subserve the interests of the general public by the augmentation of production and distribution of.....

The Agricultural Income Tax (Amendment) Act, 1983 Complete Act

State: Kerala

Year: 1983

THE AGRICULTURAL INCOME TAX (AMENDMENT) ACT, 1983 THE AGRICULTURAL INCOME TAX (AMENDMENT) ACT, 1983 (ACT 4 OF 1983) [1] An Act further to amend the Agricultural Income Tax Act, 1950. Preamble: "Whereas it is expedient further to amend the Agricultural Income Tax Act, 1950, for the purpose hereinafter appearing: BE it enacted in the Thirty-fourth Year of the Republic of India as follows:" 1. Short title and commencement: :" (1) This Act may be called the Agricultural Income Tax (Amendment) Act, 1983. (2) It shall be deemed to have come into force on the 1st day of April, 1983. 2. Amendment of Schedule. "In the Schedule to the Agricultural Income Tax Act, 1950 (XXII of 1950) (hereinafter referred to as the principal Act), for paragraph (1), the following paragraph shall be substituted, namely:" "(1) in the case of a person other than a company," Where the total agricultural income does not exceed Rs.20,000 Nil Where the total agricultural income exceeds Rs.20, 000 but docs not exceed Rs.25,000 30 per cent of the amount by which the total agricultural income exceeds Rs. 20,000. Where the total agricultural income exceeds.....