Bare Act Search Results

Finance Act, 2003 Section 160

Title : Amendment of Notification Issued Under Section 93 of Act 32 of 1994

State : Central

Year : 2003

.....taken or done as if the notification as amended by this sub-section had been in force at all material times. (2) Refund shall be made of all such service tax which has been collected but which would not have been so collected if the amendment referred to in sub-section (7) had been in force at all material times. (3) Notwithstanding anything contained in section 83 of the Finance Act, 1994, an application for claim of refund of the service tax under sub-section (2) shall be made within one year from the day on which the Finance Bill, 2003 receives the assent of the President. (4) For the purposes of sub-section (1), the Central Government shall have and shall be deemed to have the power to amend the notification referred to in the said subsection with retrospective effect as if the Central Government had the power to amend the said notification under section 93 of the Finance Act, 1994(30 of 1974) retrospectively at all material times.

Finance Act, 2003 Section 166

Title : Insertion of New Sections 46b and 46c in Act 13 of 1989

State : Central

Year : 2003

After section 46A of the Finance Act, 1989, the following sections shall be inserted, namely:- 46B. Penalty for failure to pay inland air travel toax to credit of Central Government.-- If any carrier fails to pay to the credit of the Central Government, the inland air travel tax collected by him as required under the provisions of section 42, he shall be punishable with rigorous imprisonment for a term which shall not be less than three months but which may extend to seven years and with fine. 46C. Offences by companies.-- (1) Where any offence under section 46B has been committed by a company, every person who, at the time the offence was committed, was directly in charge of, and was responsible to, the company for the conduct of the business of the company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly: Provided that nothing contained in this sub-section shall render any such person liable to any punishment provided in the said section, if he proves that the offence was committed without his knowledge or that he had exercised all due diligence to prevent the commission of such.....

Promissory Notes (Stamp) Act, 1926 [Repealed] Repealing Act 1

Title : Finance Act, 2006

State : Central

Year : 1926

.....the words "meant for consumption", the words"destined for consumption" shall be substituted. 63. Amendment of First Schedule In the Customs TariffAct, the First Schedule shall,-- (a) be amended in themanner specified in the Third Schedule; and (b) with effect fromthe 1st day of January, 2007, be also amended in the manner specified in theFourth Schedule. 64. Amendment of section 12C In section 12C of theCentral Excise Act, 1944(1 of 1944) (hereinafter referred to as the CentralExcise Act), in sub-section (2), after clause (c), the following clause shall beinserted, namely:-- "(d) the surplusamount referred to in sub-section (6) of section 73A of the Finance Act, 1994(32of 1994).". 65. Amendment of section 23C In section 23C of theCentral Excise Act, in sub-section (2), after clause (e), the following clauseshall be inserted, namely:-- "(f)determination of the liability to pay duties of excise on any goods under thisAct.". 66. Amendment of Third Schedule In the Central ExciseAct, the Third Schedule shall,-- (a) with effect fromthe 1st day of January, 2007, be amended in the manner specified in Part I ofthe Fifth Schedule; and (b) with effect fromsuch.....

Finance Act 2008 Section 93

Title : Applicability of Scheme

State : Central

Year : 2008

This Scheme shall not be applicable to a decision, an order of determination, a demand notice or, as the case may be, show cause notice,-- (i) relating to a tax arrear which includes service tax, and such service tax amount is in excess of twenty-five thousand rupees; or (ii) where such order or notice has been made or issued under section 73A of the Finance Act, 1994(32 of 1994.).

Finance Act, 2003 Complete Act

State : Central

Year : 2003

....."(1A) Notwithstanding anything contained in sub-section (1), the deduction, in computing the total income of an undertaking, which begins to manufacture or produce articles or things or computer software during the previous year relevant to any assessment year commencing on or after the 1st day of April, 2003, in any special economic zone, shall be,- (i) hundred per cent of profits and gains derived from the export of such articles or things or computer software for a period of five consecutive assessment years beginning with the assessment year relevant to the previous year in which the under- taking begins to manufacture or produce such articles or things or computer software, as the case may be, and thereafter, fifty per cent of such profits and gains for further two consecutive assessment years, and thereafter; (ii) for the next three consecutive assessment years, so much of the amount not exceeding fifty per cent of the profit as is debited to the profit and loss account of the previous year in respect of which the deduction is to be allowed and credited to a reserve account (to be called the "Special Economic Zone Re-investment Allowance Reserve Account") to be created.....

Finance Act, 1998 Complete Act

Title : Finance Act, 1998

State : Central

Year : 1998

Preamble1 - FINANCE ACT, 1998 Section1 - Short Title And Commencement Section2 - Income-Tax

Finance Act 1977 Complete Act

Title : Finance Act 1977

State : Central

Year : 1977

Preamble102 - FINANCE ACT 1977 Section1 - Short Title and Commencement Section2 - Income-Tax Section3 - Auxiliary Duty of Customs Section4 - Auxiliary Duties of Excise Section5 - Discontinuance of Salt Duty

Finance Act, 1991 Complete Act

Title : Finance Act, 1991

State : Central

Year : 1991

Preamble1 - FINANCE ACT, 1991 Section1 - Short Title And Commencement Section2 - Income-Tax PartI - INCOME-TAX Section3 - Auxiliary Duties Of Customs Section4 - Special Duties Of Excise

Finance Act, 1996 Complete Act

Title : Finance Act, 1996

State : Central

Year : 1996

Preamble1 - FINANCE ACT, 1996 Section1 - Short title and commencement Section2 - Income-tax

Assam Finance Act 1980 Complete Act

Title : Assam Finance Act 1980

State : Central

Year : 1980

Preamble1 - ASSAM FINANCE ACT, 1980 Section1 - Short title, extent and commencement Section2 - Rates of agricultural income tax Section3 - Rates of purchase tax Section4 - Repeal and saving