Bare Act Search Results

West Bengal Maritime Board Act, 2000 Complete Act

State: West Bengal

Year: 2000

.....of the Board with respect to any matter in which he has such interest or is so interested. Section 14 Defects in appointment not to invalidate acts etc No act or proceeding of the Board or of any Committee of the Board shall be invalid merely by reason of (a) any vacancy therein or any defect in the constitution thereof; or (b) any disqualification, or any defect in the appointment, of a person acting as a member thereof; or (c) any member having acted or taken part in any proceedings in contravention of the provisions of section 13; or (d) any irregularity in its procedure not affecting the merits of the case. Section 15 Delegation of powers The Board may, with the approval of the State Government, direct that (a) such of the powers and duties conferred or imposed upon the Board by or under this Act as may be specified in such direction may also be exercised or performed by the Chairman, or (b) such of the powers and duties conferred or imposed on the Chairman by or under this Act as may be specified in such direction may also be exercised or performed by the Vice-Chairman, subject to such conditions and restrictions as may be specified in such direction: Provided.....

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,.....

Maharashtra Maritime Board Act, 1996 Complete Act

State: Maharashtra

Year: 1996

.....part in any deliberation or decision of the Board or the Committee with respect to that matter. SECTION 14: DEFECTS IN APPOINTMENT NOT TO INVALIDATE ACTS, ETC. No act or proceeding of the Board or of any of its Committees shall be invalid merely by reason of,- (a)any vacancy therein or any defect in the constitution thereof; (b)any disqualification or any defect in the appointment of, a person acting as a member thereof; or (c)any member having acted or taken part in any proceedings in contravention of section 13; (d)any irregularity in its procedure not affecting merits of the case. SECTION 15: DELEGATION OF POWERS The Board may, with the previous approval of the State Government, direct that such of the powers and duties conferred or imposed upon the Board by or under this Act as may be specified in such direction, may also be exercised or performed by the Chief Executive Officer subject to such conditions and restrictions as may be specified in such direction. SECTION 16: DUTIES OF CHAIRMAN ETC. (1)It shall be the duty of the Chairman, the Vice-Chairman. and the Chief Executive Officer to attend every meeting of the Board unless prevented by sickness or other reasonable cause......

Income Tax Act, 1961 Section 115V

Title: Definitions

State: Central

Year: 1961

.....of Shipping appointed by the Central Government under sub-section (1) of section 7 of the Merchant Shipping Act, 1958 (44 of 1958) ; (d) factory ship includes a vessel providing processing services in respect of processing of the fishing produce ; (e) fishing vessel shall have the meaning assigned to it in clause (12) of section 3 of the Merchant Shipping Act, 1958 (44 of 1958) ; (f) pleasure craft means a ship of a kind whose primary use is for the purposes of sport or recreation ; (g) qualifying company means a company referred to in section 115VC ; (h) qualifying ship means a ship referred to in section 115VD ; (i) seagoing ship means a ship if it is certified as such by the competent authority of any country ; (j) tonnage income means the income of a tonnage tax company computed in accordance with the provisions of this Chapter ; (k) tonnage tax activities means the activities referred to in sub-section (1) of section 115V-I ; (l) tonnage tax company means a qualifying company in relation to which tonnage tax option is in force ; (m) Tonnage Tax Scheme means a scheme for computation of profits and gains of business of operating qualifying ships.....

Income Tax Act, 1961 Section 115VD

Title: Qualifying Ship

State: Central

Year: 1961

For the purposes of this Chapter, a ship is a qualifying ship if - (a) it is a sea going ship or vessel of fifteen net tonnage or more; (b) it is a ship registered under the Merchant Shipping Act, 1958 (44 of 1958), or a ship registered outside India in respect of which a licence has been issued by the Director-General of Shipping under section 406 or section 407 of the Merchant Shipping Act, 1958 (44 of 1958); and (c) a valid certificate in respect of such ship indicating its net tonnage is in force,- but does not include- (i) a seagoing ship or vessel if the main purpose for which it is used is the provision of goods or services of a kind normally provided on land; (ii) fishing vessels; (iii) factory ships ; (iv) pleasure crafts ; (v) harbour and river ferries ; (vi) offshore installations ; (vii) 1[***] (viii) a qualifying ship which is used as a fishing vessel for a period of more than thirty days during a previous year. _______________________ 1. Omitted by the Finance Act, 2005, with effect from 1st April, 2006. Prior to omission, clause (vii) stood as under : (vii) dredgers ;

Indian Stamp Act, 1899 Schedule I

Title: First Schedule

State: Central

Year: 1899

.....ANY HIGH COURT 27[under the Indian Bar Councils Act, 1926, or] in exercise of powers conferred on such court by Letters Patent or by the Legal Practitioners Act, 1884-- (a) in the case of an Advocate or vakil Five hundred rupees. (b) in the case of an Attorney Two hundred and fifty rupees. Exemption Entry of an advocate, vakil or attorney on the roll of any High Court when he has previously been enrolled in a High Court. 28[***] 31. EXCHANGE OF PROPERTY--Instrument of The same duty as a Conveyance (No.23) for a consideration equal to the value of the property of greatest value as set forth in such instrument. EXTRACT. See COPY (No. 24). 32. FURTHER CHARGE-- Instrument of, that is to say, any instrument imposing a further charge on mortgaged property-- (a) when the original mortgage is one of the description referred to in clause (a) of Article No. 40 (that is, with possession). The same duty as a conveyance (No.23) for a consideration equal to the amount of the further charge secured by such instrument. .....

Merchant 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.....

The Indian Stamp Act, 1899 Complete Act

State: Assam

Year: 1899

THE INDIAN STAMP ACT, 1899 THE INDIAN STAMP ACT, 1899 [Act, No. 2 of 1899] [27th January, 1899] PREAMBLE An Act to consolidate and amend the law relating to Stamps, WHEREAS it is expedient to consolidate and amend the law relating to Stamps. It is hereby enacted as follows: - Chapter - 1 PRELIMINARY 1. Short title, extent and commencement :- (1) This Act may be called the Indian Stamp Act, 1899. (Substituted by Act 43 of 1955, Section3, for the former sub-section w.e.f. 1-4-1956) (2) It extends to the whole of India except the State of Jammu and Kashmir: Provided that it shall not apply to (Substituted by the A.O. (No.2) 1956, for "Part B States") [the territories which, immediately before the 1st November, 1956, were comprised in Part B States] (excluding the State of Jammu and Kashmir) except to the extent to which the provisions of this Act relate to rates of stamp-duty in respect of the documents specified in entry 91 of List I in the Seventh Schedule to the Constitution.] (3) It shall come into force on the first day of July, 1899. 2. Definitions:- In this Act, unless there is something repugnant in the subject or context, -- .....

The Kerala Stamp Act, 1959 Complete Act

State: Kerala

Year: 1959

THE KERALA STAMP ACT, 1959 THE KERALA STAMP ACT, 1959 (Act 17 of 1959) CONTENTS CHAPTER I PRELIMINARY Sections. 1. Short title, extent and commencement. 2. Definitions. CHAPTER II STAMP DUTIES. 3. Instruments chargeable with duty. 4. Several instruments used in single transactions of sale, mortgage or settlement. 5. Instruments relating to several distinct matters. 6. Instruments coming within several descriptions in Schedule. 7. Payment of higher duty in respect of certain instruments. 8. Bonds or other securities issued on a loans. 9. Power to reduce remit or compound duties. 10. Duties how to be paid. 11. Use of adhesive stamps. 12. Cancellation of adhesive stamps. 13. Instruments stamped with impressed stamps how to be written. 14. Only one instrument to be on same stamp. 15. Instruments written contrary to section 13 or 14 deemed unstamped. 16. Denoting duty. 17. Instruments executed in the State of Kerala. 18. Instruments executed out of India. 19. Payment of duty on certain instruments liable to increased duty in the State of Kerala. 20. Conversion of amount expressed in foreign currencies. 21. Stock and.....