Bare Act Search Results

Finance Act, 2010 Schedule

Title: The First Schedule

State: Central

Year: 2010

.....any 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 (42 of 1956) and any rules made thereunder; (C) any security of the Central or State Government (vi) on any other income 10 per cent.; (b) where the person is not resident in India-- (i) in the case of a non-resident Indian-- (A) on any investment income 20 per cent.; (B) on income by way of long-term capital gains referred to in section 115E 10 per cent.; (c) on income by way of short-term capital gains referred to in section 111A 15 per cent.; (D) on other income by way of long-term capital gains [not being long-term capital gains referred to in clauses (33), (36) and (38) of section 10] 20 per cent; (E) on income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency 20 per cent.; (F) on income by way of royalty.....

Finance Act, 2010 Chapter III

Title: Direct Taxes

State: Central

Year: 2010

.....lakh rupees", the words "fifteen lakh rupees" shall be substituted. Section 15 - Amendment of section 44AD In section 44AD of the Income-tax Act [as amended by section 20 of the Finance (No. 2) Act, 2009(33 of 2009)], in the Explanation, in clause (b), in sub-clause (ii), for the words "forty lakh rupees", the words "sixty lakh rupees" shall be substituted with effect from the 1st day of April, 2011. Section 16 - Amendment of section 44BB In section 44BB of the Income-tax Act, in the proviso to sub-section (1), after the words, figures and letter "section 44D or", the words, figures and letters "section 44DA or" shall be inserted with effect from the 1st day of April, 2011. Section 17 - Amendment of section 44DA In section 44DA of the Income-tax Act, in sub-section (1), after the proviso, the following proviso shall be inserted with effect from the 1st day of April, 2011, namely:-- "Provided further that the provisions of section 44BB shall not apply in respect of the income referred to in this section.". Section 18 - Amendment of section 47 In section 47 of the Income-tax Act, after clause (xiiia), the following shall be inserted with effect from the 1st.....

Finance Act, 2010 Section 22

Title: Amendment of Section 72a

State: Central

Year: 2010

In section 72 A of the Income-tax Act, with effect from the 1st day of April, 2011,-- (a) after sub-section (6), the following shall be inserted, namely:-- "(6A) Where there has been reorganisation of business whereby a private company or unlisted public company is succeeded by a limited liability partnership fulfilling the conditions laid down in the proviso to clause (xiiib) of section 47, then, notwithstanding anything contained in any other provision of this Act, the accumulated loss and the unabsorbed depreciation of the predecessor company, shall be deemed to be the loss or allowance for depreciation of the successor limited liability partnership for the purpose of the previous year in which business reorganisation was effected and other provisions of this Act relating to set off and carry forward of loss and allowance for depreciation shall apply accordingly: Provided that if any of the conditions laid down in the proviso to clause (xiiib) of section 47 are not complied with, the set off of loss or allowance of depreciation made in any previous year in the hands of the successor limited liability partnership, shall be deemed to be the income of the limited liability.....

The Representation of the People (Amendment) Act, 2010 No. 36 of 2010[21st September, 2010.] Complete Act

Title: The Representation of the People (Amendment) Act, 2010 No. 36 of 2010[21st September, 2010.]

State: Central

Year: 2010

.....22. - In section 22 of the principal Act,-(a) after the words "amend, transpose or delete the entry", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted;(b) in the proviso, after the words "proposed to be taken in relation to him", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted. 4. Amendment of section 23. - In section 23 of the principal Act, in sub-section (2),-(a) after the words "direct his name to be included therein", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted;(b) in the proviso, after the words "strike off the applicant's name in that roll", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted. 5. Amendment of section 28. - In section 28 of the principal Act, in sub-section (2), after clause (h), the following clauses shall be inserted, namely:-''(hh) the procedure for proper verification of facts for amending, transposing or deleting any entry in the electoral rolls, under section 22;(hhh) the procedure for proper verification of facts for inclusion of or.....

Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2010 Complete Act

State: Tamil Nadu

Year: 2010

.....Act, 1971 (Tamil Nadu Act 24 of 1971), the repealed Tamil Nadu Additional Sales Tax Act, 1970 (Tamil Nadu Act 14 of 1970) and the Central Sales Tax Act, 1956 (Central Act 74 of1956); Be it enacted by the Legislative Assembly of the State of Tamil Nadu in the Sixty-first Year of the Republic of India as follows:" 1. Short title, extent and commencement. " (1) This Act may be called the Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2010. (2) It extends to the whole of the State of Tamil Nadu. (3) It shall come into force on such date as the State Government may, by notification, appoint. 2. Definitions." (1) In this Act, unless the context otherwise requires," (a) "applicant" means a dealer as defined in the relevant Act; (b) "arrears of tax, penalty or interest" means" (i) tax including additional sales tax, surcharge, additional surcharge and central sales tax, payable by an applicant upon assessment under the relevant Act; or (ii) penalty payable by an applicant under the relevant Act; or (iii) interest payable by an applicant under the relevant Act as the case may be, for which assessment has been made prior to the 1st day of April 2007 under.....

The Foreign Contribution (Regulation) Act, 2010 No. 42 of 2010[26th September, 2010.] Complete Act

Title: The Foreign Contribution (Regulation) Act, 2010 No. 42 of 2010[26th September, 2010.]

State: Central

Year: 2010

.....it in this behalf;(ii) of any currency, whether Indian or foreign;(iii) of any security as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 and includes any foreign security as defined in clause (o) of section 2 of` the Foreign Exchange Management Act, 1999.Explanation 1.- A donation, delivery or transfer of any article, currency or foreign security referred to in this clause by any person who has received it from any foreign source, either directly or through one or more persons, shall also be deemed to be foreign contribution within the meaning of this clause.Explanation 2.- The interest accrued on the foreign contribution deposited in any bank referred to in sub-section (1) of section 17 or any other income derived from the foreign contribution or interest thereon shall also be deemed to be foreign contribution within the meaning of this clause.Explanation 3.- Any amount received, by any person from any foreign source in India, by way of fee (including fees charged by an educational institution in India from foreign student) or towards cost in lieu of goods or services rendered by such person in the ordinary course of his business, trade or.....

The Industrial Disputes (Amendment) Act, 2010 No. 24 of 2010 [18th August, 2010.] Complete Act

Title: The Industrial Disputes (Amendment) Act, 2010 No. 24 of 2010 [18th August, 2010.]

State: Central

Year: 2010

.....in the Official Gazette, appoint. 2. Amendment of section 2. - In the Industrial Disputes Act, 1947 (hereinafter referred to as the principal Act), in section 2,-(i) in clause (a),-(a) in sub-clause (i), for the words " major port, the Central Government, and", the words "major port, any company in which not less than fifty-one per cent. of the paid-up share capital is held by the Central Government, or any corporation, not being a corporation referred to in this clause, established by or under any law made by Parliament, or the Central public sector undertaking, subsidiary companies set up by the principal undertaking and autonomous bodies owned or controlled by the Central Government, the Central Government, and" shall be substituted; (b) for sub-clause (ii), the following sub-clause shall be substituted, namely:-"(ii) in relation to any other industrial dispute, including the State public sector undertaking, subsidiary companies set up by the principal undertaking and autonomous bodies owned or controlled by the State Government, the State Government: Provided that in case of a dispute between a contractor and the contract labour employed through the contractor in any.....

Foreign Contribution (Regulation) Act, 2010 Complete Act

State: Central

Year: 2010

.....it in this behalf; (ii) of any currency, whether Indian or foreign; (iii) of any security as defined in clause (h) of Sec. 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and includes any foreign security as defined in clause (o) of Sec. 2 of the Foreign Exchange Management Act, 1999 (42 of 1999). Explanation 1.-A donation, delivery or transfer of any article, currency or foreign security referred to in this clause by any person who has received it from any foreign source, either directly or through one or more persons, shall also be deemed to be foreign contribution within the meaning of this clause. Explanation 2.-The interest accrued on the foreign contribution deposited in any bank referred to in sub-sec. (1) of Sec. 17 or any other income derived from the foreign contribution or interest thereon shall also be deemed to be foreign contribution within the meaning of this clause. Explanation 3.- Any amount received, by any person from any foreign source in India, by way of fee (including fees charged by an educational institution in India from foreign student) or towards cost in lieu of goods or services rendered by such person in the ordinary course of his.....

The Industrial Dipsutes (Amendment) Act, 2010 Complete Act

State: Central

Year: 2010

.....may, by notification in the Official Gazette, appoint. 2. In the Industrial Disputes Act, 1947 (hereinafter referred to as the principal Act), in section 2, -. (i) in clause (a),- (a) in sub-clause (i), for the words "major port, the Central Government, and", the words "major port, any company in which not less than fifty-one per cent of the paid-up share capital is held by the Central Government , or any corporation, not being a corporation referred to in this clause, established by or under any law made by Parliament, or the Central public sector undertaking , subsidiary companies set up by the principal undertaking and autonomous bodies owned or controlled by the Central Government, the Central Government and" shall be substituted: (b) for sub-clause (ii), the following sub-clause shall be substituted, namely:- " (ii) in relation to any other industrial dispute , including the State public sector undertaking, subsidiary companies set up by the principal undertaking and autonomous bodies owned or controlled by the State Government, the State Government."; Provided that in case of a dispute between a contractor and the contract labour employed through the.....