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Income Tax Act, 1922 Complete Act

State: Central

Year: 1922

.....that year, be deemed to be the allowance for that year, and so on for succeeding years; and (c) the aggregate of all such allowances made under this Act or any Act repealed hereby, or under the Indian Income-tax Act, 1886, shall, in no case, exceed the original cost to the assessee of the buildings, machinery, plant, or furniture, as the case may be; (vii) in respect of any machinery or plant which, in consequence of its having become obsolete, has been sold or discarded, the difference between the original cost to the assessee of the machinery or plant as reduced by the aggregate of the allowances made in respect of depreciation under clause (vi), or any Act repealed hereby, or the Indian Income-tax Act, 1886, and the amount, for which the machinery or plant is actually sold, or its scrap value; (viii) any sums paid on account of land-revenue, local rates or municipal taxes in respect of such part of the premises as is used for the purposes of the business; (ix) any expenditure (not being in the nature of capital expenditure) incurred solely for the purpose of earning such profits or gains. (3) In sub-section (2), the word "paid" means actually paid or incurred according to the.....

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Delhi University Act, 1922 Complete Act

State: Delhi

Year: 1922

..... Section5 Territorial exercise powers (1) Save as otherwise provided in this Act the powers of the University conferred by or under this Act 22. lnserted by Act No.61 of l961. [other than these conferred by sub-clause (d) of clause (2) of section 4] shall not extend 33. Subs, by Act No. 5 of 1952 for "beyond a radius of to miles from he Convocation Hall, of the University". [beyond the limits of the Union territory of Delhi], and not withstanding anything in any other law for the time being in force, no educational institution beyond 44. Subs, "that limit" by Act No. 5 of 1952. [ those limits ] shall be associated with or admitted to any privileges of the University. 55. The proviso omitted by ibid. [* * * ] 66. Inserted by Act No.27 of 1981. (1A) Notwithstanding anything contained in sub-section (1), the Central Government may, if it is of opinion that it is necessary or expedient so to do in the public interest, direct by order in writing, the Un0iversity to admit to its privileges any institution situated outside India and the University shall be bound to comply with such direction. (2) Notwithstanding anything in any other law for the time being in force.....

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