Bare Act Search Results

Finance (No. 2) Act, 2004 Chapter 3

Title: Direct Taxes

State: Central

Year: 2004

.....interest, commission or brokerage, fees forprofessional services or fees for technical services payable to a resident, oramounts payable to a contractor or subcontractor,being resident, for carrying out any work (including supply of labour forcarrying out any work), on which tax is deductible at source under ChapterXVII_B and such tax has not beendeducted or, after deduction, has not been paid during the previous year, or inthe subsequent year before theexpiry of the time prescribed under sub-section(1) of section 200; Provided that where in respect of any such sum, tax has been deductedin any subsequent year or, has been deducted in theprevious year but paid in anysubsequent year after the expiryof the time prescribed under sub-section (1) of section 200, such sum shall be allowed as a deduction in computing the income of the previousyear in which such tax has been paid. Explanation.--for the purposes of this sub-clause,-- (i) "commission or brokerage" shall have the same meaning as in clause (i) ofthe Explanation to section 194H; (ii) "fees for technical services" shall have the same meaning as in Explanation 2toclause (vii) of sub-section (1) ofsection 9; (iii).....

Finance (No. 2) Act, 2004 Section 30

Title: Insertion of New Chapter Xii-g

State: Central

Year: 2004

.....excess shall not form part of the relevant shipping income for the purposes of this Chapter and shall be taxable under the other provisions of this Act. (2) The core activities of a tonnage tax company shall be-- (i) its activities from operating qualifying ships; and (ii) other ship-related activities mentioned as under:-- (A) shipping contracts in respect of-- (i) earning from pooling arrangements; (ii) contracts of affreightment. Explanation.--for the purposes of this sub-clause,-- (a) "pooling arrangement" means an agreement between two or more persons for providing services through a pool or operating one or more ships and sharing earnings or operating profits on the basis of mutually agreed terms; (b) "contract of affreightment" means a service contract under which a tonnage tax company agrees to transport a specified quantify of specified products at a specified rate, between designated loading and discharging ports over a specified period; (B) specific shipping trades, being-- (i) on-board or on-shore activities of passenger ships comprising of fares and food and beverages consumed on board; (ii) slot charters, space charters, joint charters,.....

Income Tax Act, 1961 Section 115VK

Title: Depreciation

State: Central

Year: 1961

.....on the first day of the previous year as the book written down value of the asset beginning to be used for tonnage tax business bears to the total book written down value of all the assets forming the block of other assets. (7) For the purposes of computing depreciation under clause (iv) of section 115VL in respect of an asset mentioned in sub-sections (5) and (6), depreciation computed for the previous year shall be allocated in the ratio of the number of days for which the asset was used for the tonnage tax business and for purposes other than tonnage tax business. Explanation 1 : For the removal of doubts, it is hereby declared that for the purposes of this Act, depreciation on the block of qualifying assets and block of other assets so created shall be allowed as if such written down value referred to in sub-section (2) had been brought forward from the preceding previous year. Explanation 2 : For the purposes of this section, book written down value means the written down value as appearing in the books of account.

Bombay Reorganisation Act, 1960 Complete Act

State: Central

Year: 1960

.....pass to the State in which the principal seat of business of the undertaking is located. (5) Where any body corporate constituted under a Central Act, State Act or Provincial Act for the State of Bombay or any part thereof has, by virtue of the provisions of Part II, bcoaw an inter-State body corporate, the investments in, or loans or advances to, any such body crporatc by the State of Bombay made before the appointed day shall, save as otherwile exprcsgiy.providcd by or under this Act, be divided between the States of Maharashtra and Oujarat in the iame proportion in which the assets of the body corporate are divided under the provisions of Part VII. SECTION 52: Special Revenue Reserve Fund in Gujarat: (1) Out of the investments in the cash balance investment account which remain with the State of Maharashtra after giving effect to the provisions of (section 51), such securities of the value of 1,420 lakhs of rupees as the Central Government may by order specify shall stand transferred to the State of Gujarat. (2) There shall be constituted in the State of Gujarat a Fund to be called the Special Revenue Reserve Fund consisting of the securities transferred to that.....

Madhya Pradesh Reorganisation Act, 2000 Complete Act

State: Central

Year: 2000

.....pass to the State in which the principal seat of business of the undertaking is located. (4) Where anybody corporate constituted under a Central Act, State Act or Provincial Act for the existing State of Madhya Pradesh or any part thereof has, by virtue of the provisions of Part II of this Act, become an inter-State body corporate, the investments in, or loans or advances to, any such body corporate by the existing State of Madhya Pradesh made before the appointed day shall, save as otherwise expressly provided by or under this Act, be divided between the States of Madhya Pradesh and Chhattisgarh in the same proportion in which the assets of the body corporate are divided under the provisions of this part. SECTION 43: ASSETS AND LIABILITIES OF STATE UNDERTAKING (1) The assets and liabilities relating to any undertaking of the existing State of Madhya Pradesh whether directly owned or through a body corporate constituted or incorporated or registered under any Central, State or Provincial Act, shall," (a)if exclusively located in a successor State, pass to the successor State, and where a depreciation reserve is maintained by the existing State of Madhya Pradesh for such.....

Architects Act, 1972 Complete Act

State: Central

Year: 1972

.....Twenty-third Year of the Republic of India as follows:- CHAPTER 01: PRELIMINARY SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT - (1) This Act may be called THE ARCHITECTS ACT, 1972. (2) It extends to the whole of India. (3) It shall come into force on such date1as the Central Government may by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "architect" means a person whose name is for the time being entered in the register; (b) "Council" means the Council of Architecture constituted undersection 3-; (c) "Indian Institute of Architects" means the Indian Institute of Architects registered underthe Societies Registration Act, 1860; (d) "recognised qualification" means any qualification in architecture for the time being included in the Schedule or notified undersection 15-; (e) "register" means the register of architects maintained undersection 23-; (f) "regulation' means a regulation made under this Act by the Council; (g) "rule" means a rule made under this Act by the Central Government. CHAPTER 02: COUNCIL OF ARCHITECTURE SECTION 03: CONSTITUTION OF COUNCIL OF.....

Bihar and West Bengal (Transfer of Territories) Act, 1956 Complete Act

State: Central

Year: 1956

.....under existing" appear to have been inadvertently omitted.- Ed.] SECTION 20: APPROPRIATION OF MONEYS FOR EXPENDITURE IN TRANSFERRED APPROPRIATION ACTS (1) As -from the appointed day any Act passed by the Legislature of West Bengal before that day for the appropriation of any money out of the Consolidated Fund of the State to meet any expenditure in respect of any part of the financial year 1956-57 shall have effect also in relation to the transferred territories, and it shall be lawful for the State Government to spend any amount in those territories out of the amount authorised by such Act to be expended for any service in that State. (2) The Governor of West Bengal may, after the appointed day. authorise such expenditure from the Consolidated Fund of the State as he deems necessary for any purpose or service in the transferred territories for any period not extending beyond the 31st day of March, 1957. SECTION 21: DISTRIBUTION OF REVENUES -Section 3 of the Union Duties of Excise (Distribution) Act, 1953,and paragraphs 3,4 and 5 of the Constitution (Distribution of Revenues) Order, 1953 shall, in respect of the financial year 1956-57 have effect subject to such.....

Bihar and West Bengal (Transfer of Territories) Act, 1956 Complete Act

State: West Bengal

Year: 1956

.....excluding the transferred territories and the population as so ascertained of the transferred territories: (h) "prescribed" means prescribed by the rules made under this Act: (i) "sitting member" in relation to either House of Parliament or of the Legislature of a State means a person who. immediately before the appointed day. is a member of that House: (j) "transferred territories" means the territories tranferred from the State of Bihar to the State of West bengal by section 3: (k) "treasury" includes a sub-treasury. PART 2 TRANSFER OF TERRITORIES Section 3 Transfer of territories from Bihar to West Bengal OBJECTS AND REASONS "Clause 3 (now S. 3).- The Committee are-of the opinion that the State of West Bengal should be a geographically compact area and that there should be a link between the district of Darjeeling, Jalpaiguri and Cooch Bihar and the rest of the State. The areas of Purnea district which are sought to be transferred by original sub-clauses (a) and (b) of clause 3(1) do not provide the necessary link between Darjeeling in the north and West Dinajpur in the south. After talcing into account all the relevant factors, the Committee have come to the conclusion.....

States Reorganisation Act 1956 Schedule V

Title: Fifth Schedule

State: Central

Year: 1956

THE FIFTH SCHEDULE (See section 86) APPORTIONMENT OF LIABILITY IN RESPECT OF PENSIONS 1. Subject to the adjustments mentioned in paragraph 3, the successor State or each of the successor States shall, in respect of pensions granted before the appointed day by an existing State, pay the pensions drawn in its treasuries. 2. Subject to the said adjustments the liability in respect of pensions of officers serving in connection with the affairs of an existing Slate who retire or proceed on leave preparatory to retirement before the appointed day, but whose claims for pensions are outstanding immediately before that day, shall be the liability of the successor State, or, if there be two or more successor States, of such one of them as the Central Government may by order specify. 3. In any case where there are two or more successor States, there shall be computed, in respect of the period commencing on the appointed day and ending on the 31st day of March, 1957 and in respect of each subsequent financial year, the total payment made in all the successor States in respect of the pensions referred to in paragraphs 1 and 2. That total representing the liability of the existing.....

Uttar Pradesh Reorganisation Act, 2000 Schedule 8

Title: Schedule Viii

State: Central

Year: 2000

THE EIGHTH SCHEDULE (See section 54) apportionment of liability in respect of pensions 1. Subject to the adjustments mentioned in paragraph 3, each of the successor States shall, in respect of pensions granted before the appointed day by the existing State of Uttar Pradesh, pay the pensions drawn in its treasuries. 2. Subject to the said adjustments, the liability in respect of pensions of officers serving in connection with the affairs of the existing State of Uttar Pradesh who retire or proceed on leave preparatory to retirement before the appointed day, but whose claims for pensions are outstanding immediately before that day, shall be the liability of the State of Uttar Pradesh. 3. There shall be computed, in respect of the period commencing on the appointed day and ending on such date after the appointed day, as may be fixed by the Central Government and in respect of each subsequent financial year, the total payments made in all the successor States in respect of pensions referred to in paragraphs 1 and 2. The total representing the liability of the existing State of Uttar Pradesh in respect of pensions shall be apportioned between the successor States in the.....