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Companies Act, 2013, Section 80

Title: Date of Notice of Charge

State: Central

Year: 2013

Where any charge on any property or assets of a company or any of its undertakings is registered under section 77, any person acquiring such property, assets, undertakings or part thereof or any share or interest therein shall be deemed to have notice of the charge from the date of such registration.

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Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, (Central) Section 80

Title: Payment of Interest

State: Central

Year: 2013

When the amount of such compensation is not paid or deposited on or before taking possession of the land, the Collector shall pay the amount awarded with interest thereon at the rate of nine per cent. per annum from the time of so taking possession until it shall have been so paid or deposited: Provided that if such compensation or any part thereof is not paid or deposited within a period of one year from the date on which possession is taken, interest at the rate of fifteen per cent. per annum shall be payable from the date or expiry of the said period of one year on the amount of compensation or part thereof which has not been paid or deposited before the date of such expiry.

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Finance Act, 2012, (Central) Section 80

Title: Amendment of Section 207

State: Central

Year: 2012

Section 207 of the Income-tax Act shall be renumbered as sub-section (1) thereof and after sub-section (1) as so renumbered, the following sub-section shall be inserted, namely:-- "(2) The provisions of sub-section (1) shall not apply to an individual resident in India, who-- (a) does not have any income chargeable under the head "Profits and gains of business or profession"; and (b) is of the age of sixty years or more at any time during the previous year.".

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Finance Act, 2010 Section 80

Title: Amendment of Section 20

State: Central

Year: 2010

In section 20 of the Central Sales Tax Act, for sub-section (1) and the Explanation thereunder, the following sub-section shall be substituted, namely:-- "(1) An appeal shall lie to the Authority against any order passed by the highest appellate authority of a State under this Act determining issues relating to stock transfers or consignments of goods, in so far as they involve a dispute of inter-State nature.".

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Finance (No. 2) Act 2009 Section 80

Title: Amendment of First Schedule

State: Central

Year: 2009

.....the words "Controller of Insurance,", the following shall be substituted with effect from the 1st day of April, 2011, namely:-- "profit before tax and appropriations as disclosed in the profit and loss account prepared in accordance with the provisions of the Insurance Act, 1938 (4 of 1938) or the rules made thereunder or the provisions of the Insurance Regulatory and Development Authority Act, 1999 ((4 of 1999)) or the regulations made thereunder,"; (ii) after clause (a), the following clause shall be inserted with effect from the 1st day of April, 2011, namely:-- "(b) (i) deduction in respect of any amount either written off or provided in the accounts to meet diminution in or loss on realisation of investments in accordance with the regulations made by the Insurance Regulatory and Development Authority; (ii) increase in respect of any amount taken credit for in the accounts on account of appreciation of or gains on realisation of investments in accordance with the regulations made by the Insurance Regulatory and Development Authority;".

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Limited Liability Partnership Act 2008 Section 80

Title: Power to Remove Difficulties

State: Central

Year: 2008

(1) If any difficulty arises in giving 0effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions, not inconsistent with the provisions of this Act as may appear to it to be necessary for removing the difficulty: Provided that no such order shall be made under this section after the expiry of a period of two years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon as may be, after it is made, before each House of Parliament.

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Finance Act 2008 Section 80

Title: Amendment of Section 11b

State: Central

Year: 2008

In section 11B of the Central Excise Act,-- (i) in sub-section (1),-- (a) for the words duty of excise, wherever they occur, the words duty of excise and interest, if any, paid on such duty shall be substituted; (b) for the word duty, wherever it occurs, the words duty and interest, if any, paid on such duty shall be substituted; (ii) in sub-section (2), except in clauses (a) and (c) of the first proviso,-- (a) for the words duty of excise, wherever they occur, the words duty of excise and interest, if any, paid on such duty shall be substituted; (b) for the word duty, wherever it occurs, the words duty and interest, if any, paid on such duty shall be substituted.

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Sashastra Seema Bal Act 2007 Section 80

Title: Composition of a General Force Court

State: Central

Year: 2007

A General Force Court shall consist of not less than five officers.

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Finance Act 2007 Section 80

Title: Amendment of Section 296

State: Central

Year: 2007

In section 296 of the Income-tax Act, with effect from the 1st day of June, 2007, for the words, brackets, figures and letter "every notification issued under sub-clause (iv) of clause (23C) of section 10", the words, figures, letters and brackets "every notification issued before the 1st day of June, 2007 under sub-clause (iv) of clause (23C) of section 10" shall be substituted.

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Food Safety and Standards Act, 2006 Section 80

Title: Defences Which May or May Not Be Allowed in Prosecution Under This Act

State: Central

Year: 2006

.....designed for that purpose, and (ii) documented in some manner. (C) Defence of mistaken and reasonable belief not available-- In any proceedings for an offence under the provisions of this Act, it is no defence that the defendant had a mistaken but reasonable belief as to the facts that constituted the offence. (D) Defence in respect of handling food-- In proceedings for an offence under section 56, it is a defence if it is proved that the person caused the food to which the offence relates to be destroyed or otherwise disposed of immediately after the food was handled in the manner that was likely to render it unsafe. (E) Defences of significance of the nature, substance or quality of food-- It shall be no defence in a prosecution for an offence pertaining to the sale of any unsafe or misbranded article of food to allege merely that the food business operator was ignorant of the nature, substance or quality of the food sold by him or that the purchaser having purchased any article for analysis was not prejudiced by the sale.

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