Bare Act Search Results

Finance Act, 1986 Schedule I

Title: First Schedule

State: Central

Year: 1986

.....debentures issued by a company where such debentures are listed on a recognised stock exchange in India in accordance with the Securities Contracts(Regulation) Act, 1956, and any rules made thereunder on any other income(excluding interest payable on a tax-free security) 20 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.; (B) on income by way of interest payable on a tax-free security 15 per cent.; (C) on the whole of the other income income-tax at 30 per cent. of the amount of the income, or 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 case of any other person - (A) .....

Finance Act, 1986 Complete Act

State: Central

Year: 1986

FINANCE ACT, 1986 FINANCE ACT, 1986 23 of 1986 An Act to give effect to the financial proposals of the Central Government for the financial year 1986-87 BE it enacted by Parliament in the Thirty-seventh Year of the Republic of India as follows :--- SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called The Finance Act 1986. (2) Save as otherwise provided in this Act, sectioins 2-to47-(excepts ections 27-,34-,35-and36-) shall be deemed to have come into force on the 1st day of April, 1986. SECTION 02: INCOME-TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 1986, income-tax shall be charged at the rates specified in Part I of the First Schedule and shall be increased in the cases to which Paragraph E of that Part applies, by a surcharge, calculated in each case in the manner provided therein :- Provided that where an assessee, being a company, has made, during the financial year commencing on the 1st day of April, 1985 any deposit with the Industrial Development Bank of India established under theIndustrial Development Bank of India Act, 1964-, under the Companies Deposits.....

Bureau of Indian Standards Act, 1986 Complete Act

State: Central

Year: 1986

..... (1) On and from the date of establishment of the Bureau.- (a) any reference to the Indian Standards Institution in any law other than this Act or in any contract or other instrument shall be deemed as a reference to the Bureau: (b) all properties and assets, movable and immovable, of, or belonging to. the Indian Standards Institution shall vest in the Bureau: (c) all the rights and liabilities of the Indian Standards Institution shall be transferred to, and be the rights and liabilities of, the Bureau; (d) without prejudice to the provisions of clause (c), all debts, obligations and liabilities incurred, all contracts entered into and all matters and things engaged to be done by, with or for the Indian Standards Institution immediately before that date. for or in connection with the purposes of the said Institution shall be deemed to have been incurred, entered into. or engaged to be done by with or for the Bureau, (e) all sums of money due to the Indian Standards Institution immediately before that date shall be deemed to be due to the Bureau, (f) all suits and other legal proceedings instituted or which could have been instituted by or against the Indian.....

The Sikkim Water Supply and Water Tax Act, 1986 Complete Act

State: Sikkim

Year: 1986

THE SIKKIM WATER SUPPLY AND WATER TAX ACT, 1986 THE SIKKIM WATER SUPPLY AND WATER TAX ACT, 1986 (ACT NO.8 OF 1986) AN ACT To provide for regulation of the supply of water, realization of charges for supply of water and tax on water and for matters connected therewith or incidental thereto. Be it enacted by the Legislature of Sikkim in the Thirty-seventh Year of the Republic of India as follows: Short title, extent and commencement. 1. (1) This Act may be called the Sikkim Water Supply and Water Tax Act, 1986. (2) It extends to the whole of Sikkim. (3) It shall come into force on such date, as the State Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different areas and for different provisions of this Act. Definitions 2. In this Act, unless the context otherwise requires, (i) ˜area' means the area declared by Government by notification to be an area for the purposes of this Act; (ii) ˜Government main' means the water pipe lines owned and maintained by the Government; (iii) 'Consumer's main means water pipe lines which connect Government main with the consumer's premises and.....

The Madras Race Club (Acquisition and Transfer of Undertaking) Act 1986 Complete Act

State: Tamil Nadu

Year: 1986

THE MADRAS RACE CLUB (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT 1986 THE MADRAS RACE CLUB (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT 1986 ACT NO.26 OF 1986 An Act to provide for the acquisition, for a public purpose, and transfer of the undertaking of the Madras Race Club and for matters connected therewith or incidental thereto. WHEREAS the Madras Race Club, which is a company within the meaning of the Companies Act, 1956 (Central Act 1 of 1956), is engaged in the business of running of horse races at Madras and at Uthagamandalam including the business of inter-venue betting; AND WHEREAS it has been brought to the notice of the Government that the Committee of management of the Madras Race Club is ridden with factions and that the affairs of the said Club are not conducted properly and in particular in the interests of the race going public; AND WHEREAS instances of irregularities and malpractices in the conduct of the horse races have been brought to the notice of the Government: AND WHEREAS it has been brought to the notice of the Government that the book-makers keep huge amounts of bet from records causing substantial loss of revenue to the.....

Finance Act, 1986 Chapter III

Title: Direct Taxes Income-tax

State: Central

Year: 1986

.....shall be substituted, namely :- "(3) Where the property referred to in sub-section (2) consists of one residential house only and it cannot actually be occupied by the owner by reason of the fact that owing to his employment, business or profession carried on at any other place, he has to reside at that other place in a building not belonging to him, the annual value of such house shall be taken to be nil: Provided that the following conditions are fulfilled, namely :- (i) such house is not actually let, and (ii) no other benefit therefrom is derived by the owner.". Section 6 - Amendment Of Section 24 In section 24 of the Income-tax Act, for sub-section (2), the following sub-sections shall be substituted with effect from the 1st day of April, 1987, namely :- "(2) No deduction shall be allowed under sub-section (1) in respect of property of the nature referred to in sub-clause (i) of clause (a) of sub-section (2), or sub-section (3), of section 23 : Provided that nothing in this sub-section shall apply to the allowance of a deduction under clause (vi) of sub-section (1) of an amount not exceeding five thousand rupees in respect of the property of the nature.....

National Security Guard Act, 1986 Complete Act

State: Central

Year: 1986

.....the duties of his appointment, except with the previous permission in writing of the prescribed authority. SECTION 08: TENURE OF SERVICE UNDER THE ACT Every person subject to this Act shall hold office during the pleasure of the President. SECTION 09: TERMINATION OF SERVICE BY CENTRAL GOVERNMENT Subject to the provisions of this Act and the rules, the Central Government may dismiss or remove from service any person subject to this Act. SECTION 10: DISMISSAL, REMOVAL OR REDUCTION BY THE DIRECTOR-GENERAL AND BY OTHER OFFICERS (1) The Director-General, any Additional Director-General or any Inspector-General may dismiss or remove from service or reduce to a lower grade or rank or the ranks, any person subject to this Act other than an officer. (2) An officer not below the rank of a Deputy Inspector-General or any prescribed officer may dismiss or remove from the service any person under his command other than an officer or an Assistant Commander. (3) Any such officer as is mentioned in sub-section (2) may reduce to it lower grade or rank or the ranks any person under his command except an officer or an Assistant Commander. (4) The exercise of any power under this Section shall be.....

National Security Guard Act 1986 Chapter IX

Title: Execution of Sentences, Pardons, Remissions, Etc.

State: Central

Year: 1986

.....a sentence of imprisonment is imposed by a Summary Security Guard Court, the officer holding the trial may make the direction referred to in sub-section (1). Section 128 - Release on suspension Where a sentence is suspended under section 126, the offender shall forthwith be released from custody. Section 129 - Computation of period of suspension Any period during which the sentence is under suspension shall be reckoned as part of the term of such sentence. Section 130 - Order after suspension The authority or officer specified in section 126 may, at any time While a sentence is suspended, order-- (a) that the offender be committed to undergo the unexpired portion of the sentence; or (b) that the sentence be remitted. Section 131 - Reconsideration of case after suspension (1) Where a sentence has been suspended, the case may at any time, and shall at intervals of not more than four months, be reconsidered by the authority or officer specified in section 126, or by any officer not below the rank of a Deputy Inspector-General duly authorised by the authority or officer specified in section 126. (2) Where on such reconsideration by the officer so authorised.....

The Kerala Command Areas Development Act, 1986 [1] Complete Act

State: Kerala

Year: 1986

THE KERALA COMMAND AREAS DEVELOPMENT ACT, 1986 [1] ACT 37 OF 1986 THE KERALA COMMAND AREAS DEVELOPMENT ACT, 1986 [1] An act to provide for the development of areas benefited by irrigation projects in the State of Kerala . Preamble .-WHEREAS it is expedient to make provision for comprehensive and systematic development of the areas in which lands benefited by irrigation projects are situated and for matters incidental thereto; BE it enacted in the Thirty-seventh Year of the Republic of India as follows:- CHAPTER I Preliminary 1. Short title, extent and commencement .-(1) This Act may be called the Kerala command Areas Development Act, 1986. (2) It extends to the whole of the State of Kerala . (3) It shall be deemed to have come into force on the 11th day of January, 1985. 2. Definitions .-In this Act unless the context otherwise requires,- (1) "Authority" means a Command Areas Development Authority constituted under section 3; (2) "command area", in relation to one or more irrigation project or projects means such area as may be notified by the Government, comprising, among other lands, lands benefited by such irrigation project or projects; (3) "community irrigation.....

The Child Labor (Prohibition and Regulation) Act, 1986 Complete Act

State: Delhi

Year: 1986

.....the precincts thereof) wherein any industrial process is carried on, but does not include any premises to which the provisions of section 67 of the Factories Act, 1948(63 of 1948), for the time being, apply. PART II PROHIBITION OF EMPLOYMENT OF CHILDREN IN CERTAIN OCCUPATIONS AND PROCESSES 3. Prohibition of employment of children in certain occupations and processes.- No child shall be employed or permitted to work in any of the occupations set forth in Part A of the Schedule or in any workshop wherein any of the processes set forth in Part B of the Schedule is carried on: Provided that nothing in this section shall apply to any workshop wherein any process is carried on by the occupier with the aid of his family or to any school established by, or receiving assistance or recognition from, Government. 4. Power to amend the Schedule.- The Central Government, after giving by notification in the Official Gazette, not less than three months notice of its intention so to do, may, by like notification, add any occupation or process to the Schedule and thereupon the Schedule shall be deemed to have been amended accordingly. 5. Child Labour Technical Advisory Committee.- (1).....