Bare Act Search Results

Finance Act, 1995 Chapter III

Title: Direct Taxes

State: Central

Year: 1995

.....by virtue of holding a capital asset, being a share or any other security, within the meaning of clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956 (hereafter in this clause referred to as the financial asset), the assessee - (A) becomes entitled to subscribe to any additional financial asset; or (B) is allotted any additional financial asset without any payment, then, subject to the provisions of sub-clauses (i) and (ii) of clause (b)"; (ii) after sub-clause (iii), the following sub-clause shall be inserted, namely :- "(iiia) in relation to the financial asset allotted to the assessee without any payment and on the basis of holding of any other financial asset, shall be taken to be nil in the case of such assessee;". Section 15 - Insertion of New Section 80DDA After section 80DD of the Income-tax Act, the following section shall be inserted, with effect from the 1st day of April, 1996, namely :- '80DDA. Deduction in respect of deposit made for maintenance of handicapped dependant. - (1) In computing the total income of an assessee who is resident in India, being an individual or a Hindu undivided family, there shall be.....

Finance Act, 1995 Complete Act

State: Central

Year: 1995

.....by virtue of holding a capital asset, being a share or any other security within the meaning of clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (hereinafter in this clause referred to as the financial asset), the assessee" (A) becomes entitled to subscribe to any additional financial asset; or (B) is allotted any additional financial asset without any payment. then, subject to the provisions of sub-clauses (i) and (ii) of clause (b)"; (ii) after sub-clause (iii), the following sub-clause shall be inserted, namely :" '(iiia) in relation to the financial asset allotted to the assessee without any payment and on the basis of holding of any other financial asset, shall be taken to be nil in the case of such assessee"; SECTION 15: INSERTION OF NEW SECTION 80DDA After section 80DD of the Income-tax Act, the following section shall be inserted, with effect from the 1st day of April, 1996, namely :" '80DDA. Deduction in respect of deposit made for maintenance of handicapped dependant." (1) In computing the total income of an assessee who is resident in India, being an individual or a Hindu undivided family, there shall be deducted, in accordance with and.....

Finance Act, 1995 Section 19

Title: Amendment of Section 80-ia

State: Central

Year: 1995

.....case of an industrial undertaking being a small scale industrial undertaking, not specified in sub-clause (b) or in sub-clause (c), it begins to manufacture or produce articles or things or to operate its cold storage plant at any time during the period beginning on the 1st day of April, 1995, and ending on the 31st day of March, 2000;"; (c) after sub-section (4), the following sub-section shall be inserted, namely :- "(4A) This section applies to any enterprise carrying on the business of developing, maintaining and operating any infrastructure facility which fulfils all the following conditions, namely :- (i) the enterprise is owned by a company registered in India or by a consortium of such companies; (ii) the enterprise has entered into an agreement with the Central Government or a State Government or a local authority or any other statutory body for developing, maintaining and operating a new infrastructure facility subject to the condition that such infrastructure facility shall be transferred to the Central Government, State Government, local authority or such other statutory body, as the case may be, within the period stipulated in the agreement; (iii) the.....

Finance Act, 1995 Section 61

Title: Amendment of Section 75

State: Central

Year: 1995

In section 75 of the Customs Act,- (a) in sub-section (1),- (I) for the words manufactured in India", the words "manufactured, processed or on which any operation has been carried out in India" shall be substituted; (ii) for the words "manufacture of such goods" whatever they occur, the words "manufacture or processing of such goods or carrying out any operation on such goods" shall be substituted; (b) in sub-section (1A), for the words "manufactured in India", the words "manufactured, processed or on which any operation has been carried out in India" shall be substituted; (c) in sub-section (2),- (I) for clause (a), the following clause shall be substituted, namely.- "(a) for the payment of drawback equal to the amount of duty actually paid on the imported materials used in the manufacture or processing of the goods or carrying out any operation on the goods or as in specified in the rules as the average amount of duty paid on the materials of that class or description used in the manufacture or processing of export goods or carrying out any operation on export goods of that class or description either by manufacturers generally or by persons processing or.....

Cable Television Networks (Regulation) Act, 1995 Section 11

Title: Power to Seize Equipment Used for Operating the Cable Television Network

State: Central

Year: 1995

1 [(1) If any authorised officer has reason to believe that the provisions of 2 [sections 3, 4A], 5, 6 or 8 have been or are being contravened by any cable operator, he may seize the equipment being used by such cable operator for operating the cable television network.] (2) No such equipment shall be retained by the authorised officer for a period exceeding ten days from the date of its seizure unless the approval of the District Judge, within the local limits of whose jurisdiction such seizure has been made, has been obtained for such retention. ___________________ 1. Substituted by Act 36 of 2000, section 6 for sub-section (1) (w.e.f. 1-9-2000). 2. Words "Section 3" Substituted by Cable Televesion Networks (Regulation) Amendment Act, 2002 (2 of 2003)

Cable Television Networks (Regulation) Act, 1995 Section 3

Title: Cable Television Network Not to Be Operated Except After Registration

State: Central

Year: 1995

No person shall operate a cable television network unless he is registered as a cable operator under this Act: Provided that a person operating a cable television network, immediately before the commencement of this Act, may continue to do so for a period of ninety days from such commencement; and if he has made an application for registration as a cable operator under section 4 within the said period, till he is registered under that section or the registering authority refuses to grant registration to him under that section.

Cable Television Networks (Regulation) Act, 1995 Section 4

Title: Registration as Cable Operator

State: Central

Year: 1995

(1) Any person who is operating or is desirous of operating a cable television network may apply for registration as a cable operator to the registering authority. (2) An application under sub-section (1) shall be made in such form and be accompanied by such fees as may be prescribed. (3) On receipt of the application, the registering authority shall satisfy itself that the applicant has furnished all the required information and on being so satisfied, register the applicant as a cable operator and grant to him a certificate of such registration; Provided that the registering authority may, for reasons to be recorded in writing and communicated to the applicant, refuse to grant registration to him if it is satisfied that he does not fulfil the conditions specified in clause (e) of section 2.

Cable Television Networks (Regulation) Act, 1995 Section 14

Title: Giving of Opportunity to the Cable Operator of Seized Equipment

State: Central

Year: 1995

(1) No order adjudicating confiscation of the equipment referred to in section 12 shall be made unless the cable operator has been given a notice in writing informing him of the grounds on which it is proposed to confiscate such equipment and giving him a reasonable opportunity of making a representation in writing, within such reasonable time as may be specified in the notice against the confiscation and if he so desires of being heard in the matter: Provided that where no such notice is given within a period of ten days from the days of the seizure of the equipment, such equipment shall be returned after the expiry of that period to the cable operator from whose possession it was seized. (2) Save as otherwise provided in sub-section (1), the provisions of the Code of Civil Procedure, 1908 (5 of 1908) shall, so far as may be, apply to every proceeding referred to in sub-section (1).

Cable Television Networks (Regulation) Act, 1995 Section 20

Title: Power to Prohibit Operation of Cable Television Network in Public Interest

State: Central

Year: 1995

1[( 1)] Where the Central Government thinks it necessary or expedient so to do in public interest, it may prohibit the operation of any cable television network in such areas as it may, by notification in the Official Gazette, specify in this behalf. 2[( 2) Where the Central Government thinks it necessary or expedient so to do in the interest of the- (i) sovereignty or integrity of India; or (ii) security of India; or (iii) friendly relations of India with any foreign State; or (iv) public order, decency or morality, it may,by order,regulate or prohibit the transmission or re-transmission of any channel or programme. ( 3) Where the Central Government considers that any programme of any channel is not in conformity with the prescribed programme code referred to in section 5 or the prescribed advertisement code referred to in section 6, it may by order, regulate or prohibit the transmission or re-transmission of such programme.] _____________________ 1. Section 3 re-numbered as sub-section (1) thereof by Act 36 of 2000, section 9 (w.e.f. 1-9-2000). 2. Inserted by Act 36 of 2000, section 9 (w.e.f. 1-9-2000).

The Legislative Assemby of Meghalaya (Members Pension) Amendment Act, 1995 Complete Act

State: Meghalaya

Year: 1995

.....(No.II) Act, 1995 2. Amendment of Section 1 of Act 8 of 1995- In section 1 of the Meghalaya Legislator's Salaries and Allowance Amendment Act, 1995 (Act 8 of 1995), for sub-section (2), the following shall be substituted namely:- (2) It shall deemed to have come into force on the first day of April, 1995 L.M.SANGMA Under Secretary to the Govt. Of Meghalaya, Law Department. The 26th March, 1996 No. LL(B) 25/93/250- The Meghalaya Appropriation (No. 1) Act, 1995 is hereby published for general information. MEGHALAYA ACT 4 OF 1996 (As passed by the Meghalaya Legislative Assembly) (Received the assent of the Governor on the 26th March, 1996) (Published in the Gazette of Meghalaya, Extra-ordinary issue, dated 26th March, 1996) THE MEGHALAYA APPROPRIATION (No.1) ACT, 1996 An Act To authorise payment and appropriation of certain further sums from and out of the Consolidated Fund of Meghalaya for the services of the financial year 1995-96 Be it enacted by the Legislature of Meghalaya in the Forty-seventh Year of the Republic of India as follows:- 1. Short title-(1) This Act may be called the Meghalaya Appropriation (No.1) Act, 1996 2. Withdrawal.....