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Start Free TrialIncome Tax Act, 1961 Section 92CB
Title: Power of Board to Make Safe Harbour Rules
State: Central
Year: 1961
1(1) The determination of arms length price under section 92C or section 92CA shall be subject to safe harbour rules. (2) The Board may, for the purposes of sub-section (1), make rules for safe harbour. Explanation.--For the purposes of this section, safe harbour means circumstances in which the income-tax authorities shall accept the transfer price declared by the assessee.] _____________________ 1. Inserted by the Finance (No. 2) Act, 2009, with retrospective effect from 1st April, 2009.
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Section 45ZC
Title: Nomination for Return of Articles Kept in Safe Custody with Banking Company
State: Central
Year: 1949
.....to receive the article deposited in the event of his death during the minority of the nominee. (3) The banking company shall, before returning any articles under this section to the nominee or the person appointed under sub-section (2), prepare, in such manner as may be directed by the Reserve Bank from time to time, an inventory of the said articles which shall be signed by such nominee or person and shall deliver a copy of the inventory so prepared to such nominee or person. (4) Notwithstanding anything contained in any other law for the time being in force or in any disposition, whether testamentary or otherwise, in respect of such article, where a nomination made in the prescribed manner purports to confer on any person the right to receive the article from the banking company, the nominee shall, on the death of the person leaving the article in safe custody, become entitled to the return of the article to the exclusion of all other persons, unless the nomination is varied or cancelled in the prescribed manner: Provided that nothing contained in this section shall affect the right or claim which any person may have against the person to whom the article is returned in.....
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949, (Maharashtra) Section 45ZC
Title: Nomination for Return of Articles Kept in Safe Custody with Banking Company
State: Maharashtra
Year: 1949
.....to receive the article deposited in the event of his death during the minority of the nominee. (3) The banking company shall, before returning any articles under this section to the nominee or the person appointed under sub-section (2), prepare, in such manner as may be directed by the Reserve Bank from time to time, an inventory of the said articles, which shall be signed by such nominee or person and shall deliver a copy of the inventory so prepared to such nominee or person. (4) Notwithstanding anything contained in any other law for the time being in force, or in any disposition, whether testamentary or otherwise, in respect of such article, where a nomination made in the prescribed manner, purports to confer on any person the right to receive the article from the banking company, the nominee shall, on the death of the person leaving the article in safe custody, become entitled to the return of the article to the exclusion of all other persons, unless the nomination is varied or cancelled in the prescribed manner : Provided that, nothing contained in this section shall affect the right or claim which any person may have against * the person to whom the article is.....
View Complete Act List Judgments citing this sectionAircraft Act, 1934 Section 8C
Title: Power of Central Government to Make Rules for Securing Safe Custody and Re-delivery of Nclaimed Property
State: Central
Year: 1934
1[Subject to the provisions of section 14, the Central Government] may, by notification in the Official Gazette, make rules which may provide for securing the safe custody and re delivery of any property which, while not in proper custody is found on any aerodrome or in any aircraft on any aerodrome and any such rules may, in particular, provide for - (a) the payment of charges in respect of any such property before it is re-delivered to the person entitled there to and: (b) the disposal of any such property in cases where the same is not re-delivered to the person entitled thereto before the expiration of such period as may be specified therein. _____________________________________ 1. Substituted by the Aircraft (Amendment) Act, 2007 [Act No. 44 of 2007] for the words "The Central Government".
View Complete Act List Judgments citing this sectionCode of Criminal Procedure, 1973 Section 335
Title: Person Acquitted Onsuch Ground to Be Detained in Safe Custody
State: Central
Year: 1973
.....person. (2) No order for the detention of the accused in a lunatic asylum shall be made under clause (a) of sub-section (1) otherwise than in accordance with such rules as the State Government may have made under the Indian Lunacy Act, 1912 (4 of 1912). (3) No order for the delivery of the accused to a relative or friend shall be made under clause (b) of sub-section (1) except upon the application of such relative or friend and on his giving security to the satisfaction of the Magistrate or Court that the person delivered shall (a) be properly taken care of and prevented from doing injury to himself or to any other person; (b) be produced for the inspection of such officer, and at such times and places, as the State Government may direct. (4) The Magistrate or Court shall report to the State Government the action taken under sub-section (1).
View Complete Act List Judgments citing this sectionMerchant Shipping Act, 1958 Section 309A
Title: Alterations Pending Issue of a Safely Convention Certificate
State: Central
Year: 1958
1[309A. Alterations pending issue of a safely convention certificate Where any survey of a ship for the purpose of issue under this Part of a safety convention certificate has been completed, then, notwithstanding anything contained in this Act, the owner, agent or master of the ship shall not, until such certificate has been issued, make, or cause to be made, any alteration in the structural arrangements, machinery, equipment and other matters covered by the survey without the prior written permission of the Central Government or a person appointed by that Government in this behalf.] ________________________ 1. Inserted by the Merchant Shipping (Amendment) Act, 1966 (21 of 1966),Section 25 (28-5-1966).
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Complete Act
State: Central
Year: 1949
.....on 19-9-1949. This Act now incorporates the provisions contained therein in the Banking Companies Act. 1949 as a pernabebt basis, in addition. this Act also amends the said Act for the following purposes :- (a) to incorporate special provisions for facilitating quick amalgamations between banking companies: (b) to empower the Reserve Bank to control opening of branches by Indian banks in foreign countries: (c) to provide a meaning of the terms "assets in India" for the purpose of section 25.-Gaz. of Ind.. 24-12-1949. Pt. V. p:501. Act 52 of 1953.- The Banking Companies Act. 1949 (X of 1949) was passed to ensure proper administration of the banking companies in India. The liquidation of banks, however, continued to be governed by the provisions of the Indian Companies Act, 1913. Experience of the liquidation of a large number of banks that failed during the post-war and post-partition period disclosed that the procedure for the liquidation of joint stock companies was totally inadequate for the liquidation of banking companies in a manner satisfactory to the depositors. A bank has a far larger number of debtors than a joint stock company of a comparable size, and the necessity to.....
List Judgments citing this sectionFactories Act, 1948 Chapter IV
Title: Safety
State: Central
Year: 1948
..... 1. Inserted by Act 94 of 1976, section 12 ( w.e.f. 26-10-1976) . Section 25 - Self-acting machines No traversing part of a self-acting machine in any factory and no material carried thereon shall, if the space over which it runs is a space over which any person is liable to pass, whether in the course of hi s employment or otherwise, be allowed to run on its outward or inward traverse within a distance of1[forty-five centimetres] from any fixed structure which is not part of the machine: Provided that the Chief Inspector may permit the continued use of a machine installed before the commencement of this Act which does not comply with the requirements of this section on such conditions for ensuring safety as he may think fit to impose. ___________________ 1. Substituted by Act 20 of 1987, section 11, for "eighteen inches" ( w.e.f. 1-12-1987) . Section 26 - Casing of new machinery ( 1 ) In all machinery driven by power and installed in any factory after the commencement of this Act,-- (a) every set screw, bolt or key on any revolving shaft, spindle, wheel or pinion shall be so sunk, encased or otherwise effectively guarded as to prevent danger ; .....
View Complete Act List Judgments citing this sectionFactories Act, 1948 Complete Act
State: Central
Year: 1948
FACTORIES ACT, 1948 FACTORIES ACT, 1948 63 of 1948 An Act to consolidate and amend the law regulating labour in factories. WHEREAS it is expedient to consolidate and amend the law regulating labour in factories; It is hereby enacted as follows:- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Factories Act, 1948. 1[(2) It extends to the whole of India 2[***]]. (3) It shall come into force on the 1st day of April, 1949. SECTION 02: INTERPRETATION In this Act, unless there is anything repugnant in the subject or context,- (a) "adult" means a person who has completed his eighteenth year of age; (b) "adolescent" means a person who has completed his fifteen year of age but has not completed his eighteenth year; 3[( bb) "calendar year" means the period of twelve months beginning with the first day of January in any year;] (c) "child" means a person who has not completed his fifteenth year of age; 4[(ca)"competent person", in relation to any provision of this Act, means a person or an institution recognised as such by the Chief Inspector for the purposes of carrying out tests, examinations and inspections required to be done in a factory under.....
List Judgments citing this sectionMerchant Shipping Act, 1958 Complete Act
State: Central
Year: 1958
.....To meet the immediate requirements of the country soon after independence the Merchant Shipping Laws. (Extension to Acceding States and Amendment) Act, 1949 was enacted, by which the British Merchant Shipping Acts 1894 to 1938 were extended to the Acceding States (later known as Part B States) and Indian Consular Officers were empowered to perform functions in relation to Indian ships outside India and provision was made to enable Government to prescribe the proper national colours for ships registered in India, The Control of Shipping Act, 1947, was another short-term measure which continued the war-time control over Indian shipping and controlled the coastal trade by a system of licensing. This Act, which has been renewed from time to time, is due to expire on the 31st March, 1958. 3. The present Bill revises and consolidates all laws in force in India relating to merchant shipping, whether passed by the British Parliament or the Indian Legislature, and makes provision for the matters discussed in the succeedihg paragraphs, which also indicate the principal changes made in the law ........... -Gaz. of Ind., 1958, Extra., Pt. II, S. 2, p. 203.Act 21 of 1966.- The minimum.....
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