Bare Act Search Results

Finance Act, 1995 Chapter II

Title: Rates of Income-tax

State: Central

Year: 1995

.....be the income-tax in respect of the total income. (3) In cases to which the provisions of Chapter XII or Chapter XII-A or sub-section (1A) of section 161 or section 164 or section 164A or section 167B of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as Income-tax Act) apply, the tax chargeable shall be determined as provided in that Chapter or that section, and with reference to the rates imposed by sub-section (1) or the rates as specified in that Chapter or section, as the case may be : Provided that the amount of income-tax computed in accordance with the provisions of section 112 shall be increased in the case of a domestic company by a surcharge as provided in Paragraph E of Part I of the First Schedule : Provided further that in respect of any income chargeable to tax under section 115B, or in the case of a domestic company having a total income exceeding seventy-five thousand rupees, under section 115BB, of the Income-tax Act, the income-tax computed shall be increased by a surcharge calculated at the rate of fifteen per cent. of such income-tax. (4) In cases in which tax has to be deducted under sections 193, 194, 194A, 194B, 194BB, 194D and.....

Delhi Rent Act, 1995 Section 41

Title: Charges in Excess of Fair Rate Not Recoverable

State: Central

Year: 1995

When the Rent Authority has determined the fair rate of charges in respect of a hotel or lodging house,-- (a) the manager of the hotel or the owner of the lodging house, as the case may be, shall not charge any amount in excess of the fair rate and shall not, except with the previous written permission of the Rent Authority, withdraw from the lodger any concession or service allowed at the time when the Rent Authority determined the fair rate; (b) any agreement for the payment of any charges in excess of such fair rate shall be void in respect of such excess and shall be construed as if it were an agreement for payment of the said fair rate; (c) any sum paid by a lodger in excess of the fair rate shall be recoverable by him at any time within a period of six months from the date of the payment from the manager of the hotel or the owner of the lodging house or his legal representatives and may, without prejudice to any other mode of recovery, be deducted by such lodger from any amount payable by him to such manager or owner.

Delhi Rent Act, 1995 Section 39

Title: Fixing of Fair Rate

State: Central

Year: 1995

(1) Where the Rent Authority, on a written complaint or otherwise, has reason to believe that the charges made for board or lodging or any other service provided in any hotel or lodging house are excessive, he may fix a fair rate to be charged for board, lodging or other services provided in the hotel or lodging house and in fixing such fair rate, specify separately the rate for lodging, board or other services. (2) In determining the fair rate under sub-section (1), the Rent Authority shall have regard to the circumstances of the case and to the prevailing rate of charges for the same or similar accommodation, board and service, during the twelve months immediately preceding the 1st day of June, 1951, and any general increase in the cost of living after that date.

Delhi Rent Act, 1995 Section 40

Title: Revision of Fair Rate

State: Central

Year: 1995

On a written application from the manager of a hotel or the owner of a lodging house or otherwise, the Rent Authority may, from time to time, revise the fair rate to be charged for board, lodging or other service in a hotel or lodging house, and fix such rate as he may deem fit having regard to any general rise or fall in the cost of living which may have occurred after the fixing of fair rate.

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 Chapter V

Title: Miscellaneous

State: Central

Year: 1995

.....Marks Act, 1958, for the expression "Chief Customs Officer", the expression "Commissioner of Customs" shall be substituted. Section 89 - Amendment of Act 54 of 1959 In the Arms Act, 1959, for the expression "Collector of Customs", wherever it occurs, the expression "Commissioner of Customs" shall be substituted. Section 90 - Amendment of Act 52 of 1963 In the Unit Trust of India Act, 1963, in section 32, in sub-section (2), clauses (b) and (c) and the proviso shall be omitted with effect from the 1st day of July, 1995. Section 91 - Amendment of Act 46 of 1973 In the Foreign Exchange Regulation Act, 1973, for the expressions "Collector of Customs" and "Collector", wherever they occur, the expression "Commissioner of Customs" shall be substituted. Section 92 - Repeal of Act 38 of 1974 The Compulsory Deposit Scheme (Income-tax Payers) Act, 1974, shall, as from the 1st day of April, 1996, stand repealed.

Finance Act, 1995 Section 92

Title: Repeal of Act 38 of 1974

State: Central

Year: 1995

The Compulsory Deposit Scheme (Income-tax Payers) Act, 1974, shall, as from the 1st day of April, 1996, stand repealed.

Uttar Pradesh State Legislature (Delegation of Powers) Act, 1995 [Repealed] Repealing Act 1

Title: Repealing and Amending Act, 2001

State: Central

Year: 1995

.....in the Second Schedule are hereby amended to the extent and in the manner mentioned in the fourth column thereof. 4. Savings The repeal by this Act of any enactment shall not affect any other enactment in which the repealed enactment has been applied, incorporated or referred to; d this Act shall not affect the validity, invalidity, effect or consequences of anything already done or suffered, or any right, title, obligation or liability already acquired, accrued or incurred, or any remedy or proceeding in respect thereof, or any release or discharge of or from any debt, penalty, obligation, liability, claim or demand, or any indemnity already granted, or the proof of any past act or thing; nor shall this Act affect any principle or rule of law, or established jurisdiction, form or course of pleading, practice or procedure, or existing usage, custom, privilege, restriction, exemption, office or appointment, notwithstanding that the same respectively may have been in any manner affirmed or recognised or derived by, in or from any enactment hereby repealed; nor shall me repeal by this Act of any enactment revive or restore any jurisdiction, office, custom, liability, right,.....

Delhi Rent Act, 1995 Complete Act

State: Delhi

Year: 1995

.....in the Forty-sixth Year of the Republic of India as follows: CHAPTER 1 PRELIMINARY Section1 Short title, extent and commencement (1) This Act may be called the Delhi Rent Act, 1995. (2) It extends to the areas included within the limits of the New Delhi Municipal Council and the Delhi Cantonment Board and to urban areas within the limits of the Municipal Corporation of Delhi for the time being : Provided that the Central Government may, by notification in the Official Gazette, exclude any area from the operation of this Act or any provision thereof: Provided further that the Central Government may, by notification in the Official Gazette, exclude any premises or class of buildings from the operation of this Act or any provision thereof. (3) It shall come into force on such date a s the Central Government may, by notification in the Official Gazette, appoint. Section2 Definitions In this Act, unless the context otherwise requires, (a) "Bench" means a Bench of the Tribunal; (b) "Chairman" means the Chairman of the Tribunal; (c) "fair rate" means the fair rate fixed under section 39 and includes the rate as revised under section 40; (d) "hotel.....

Finance Act, 1995 Schedule 1

Title: First Schedule

State: Central

Year: 1995

..... (4) Notwithstanding anything contained in this rule, no loss which has not been determined by the Assessing Officer under the provisions of these rules or the rules contained in Part IV of the First Schedule to the Finance Act, 1987 (11 of 1987), or of the First Schedule to the Finance Act, 1988 (26 of 1988), or of the First Schedule to the Finance Act, 1989 (13 of 1989), or of the First Schedule to the Finance Act, 1990 (12 of 1990), or of the First Schedule to the Finance (No. 2) Act, 1991 (49 of 1991), or of the First Schedule to the Finance Act, 1992 (18 of 1992), or of the First Schedule to the Finance Act, 1993 (38 of 1993), or of the First Schedule to the Finance Act, 1994 (32 of 1994), shall be set off under sub-rule (1) or, as the case may be, sub-rule (2). Rule 9 - Where the net result of the computation made in accordance with these rules is a loss, the loss so computed shall be ignored and the net agricultural income shall be deemed to be nil. Rule 10 - The provisions of the Income-tax Act relating to procedure for assessment (including the provisions of section 288A relating to rounding off of income) shall, with the necessary modifications, apply in relation.....