Bare Act Search Results

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 III

Title: Direct Taxes

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 (42 of 1956 (hereafter 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.....

Finance Act, 1995 Section 70

Title: Substituted of New Authorities

State: Central

Year: 1995

In the Central Excises and Salt Act, 1944 (hereinafter referred to as the Central Excises Act), unless the context otherwise requires, the references to any authority or authorities specified in column (2) of the Table below shall be substituted by the references to the authority or authorities specified in the corresponding entry in column (3) of the said Table and such consequential changes as the rules of grammar may require shall also be made.- TABLE S. No. Existing Designation Substituted Designation (1) (2) (3) 1. Principal Collector of Central Excise Chief Commissioner of Central Excise 2. Collector of Central Excise Commissioner of Central Excise 3. Collector of Central Excise (Appeals)/Collector (Appeals) Commissioner of Central Excise (Appeals) /Commissioner (Appeals) 4. Deputy Collector of Central Excise Deputy Commissioner of Central Excise 5. Assistant Collector of Central Excise Assistant Commissioner of Central Excise. .....

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,.....

The Assam Madrassa Education (Provincialisation) Act, 1995 Complete Act

State: Assam

Year: 1995

.....the employees of the Government on and from the appointed day on the following terms and conditions, namely- (a) all rules including service rules and rules of conduct and discipline, which are applicable to the Government servants of corresponding grade, similarly placed shall be applicable to employees of the Madrassa; (b) all employees shall be entitled to such emoluments as salary and allowance etc. as admissible to them : Provided that no employee shall get as emoluments any amount which is less than the amount he was getting immediately before the appointed day; (c) Services of all employees shall be encadred in appropriate cadres in accordance with the rules as may be prescribed by the Government for this purpose; (d) The inter-se-seniority of the employees of a cadre or class shall be determined on the basis of the rule as may be prescribed by the Government. Section 4 - Superannuation and pension etc. (1) Notwithstanding anything contained in the proceeding section, all employees other than IV employees of Madrassa, coming within the purview of this Act shall, on attaining the age of 58 years, go on superannuation, and the Grade IV employees shall.....

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 82

Title: Amendment of Act 19 of 1838

State: Central

Year: 1995

In the Coasting Vessels Act, 1838, for the expression "Collector of Sea Customs", the expression "Commissioner of Customs" shall be substituted.