Bare Act Search Results

Interest Tax Act, 1974 Section 9

Title: Self-assessment

State: Central

Year: 1974

.....Section 9 - Self-assessment 1 [9. Self-assessment.-- (1) Where interest-tax is payable on the basis of any return required to be furnished under Section 7 or Section 10, after taking into account the amount of interest-tax, if any, already paid under any provision of this Act, the assessee shall be liable to pay such interest-tax, together with interest payable under any provision of this Act for any delay in furnishing the return or any default or delay in payment of advance interest-tax, before furnishing the return and the return shall be accompanied by proof of payment of such interest-tax and interest. Explanation.-- Where the amount paid by the assessee under this sub-section falls short of the aggregate of the interest-tax and interest as aforesaid, the amount so paid shall first be adjusted towards the interest payable as aforesaid and the balance, if any, shall be adjusted towards the interest-tax payable. (2) After the assessment under Section 8 has been made, any amount paid under subsection (1) shall be deemed to have been paid towards such assessment. (3) If any assessee fails to pay the whole or any part of interest-tax or interest or both in accordance.....

Special Rules for the Multistoreyed and Public Buildings, 1974 Complete Act

State: Tamil Nadu

Year: 1974

.....use of sites as multi-storeyed buildings in the City of Madras, the same having been previously published by clause (a) of section 348 of the said act " RULES 1. SHORT TITLE, EXTENT AND COMMENCEMENT.-- (1) These rules may be called the Special Rules for the Multi-storeyed and Public Buildings, 1974. (2) They shall extend to the City of Madras. (3) They shall come into force at once. 2. DEFINITIONS."In these rules, unless there is anything repugnant to the subject or context" (1) "Corporation" means the Madras City Municipal Corporation" (2) "Floor Area Ratio" means the quotient obtained by dividing the total covered area (plinth area) on all floors and 100 by the area of the plot: Total Covered area of all floors X 100 Floor Area Ratio = Plot area (3) "Height of buildings" means the height measured from the average level of the central line of the street on which the site abuts "- (a) in the case of pitched roof, up to skyward surface of the roof. (4) "Multi-storeyed Buildings" means and includes all buildings with more than four floors (including the ground floor) or whose height is 15 metres or more measured from the average level of the central line of the street on which.....

Oil Industry (Development) Act, 1974 Complete Act

State: Central

Year: 1974

.....under section 10-in respect of such concern shall be entitled to any compensation for the loss of office or for the premature termination under this Act of the contract entitling him to be in charge of such management. (2) Nothing contained in sub-section (1) shall affect the right of any Director or other person referred to therein to recover from the oil industrial concern moneys recoverable otherwise than by way of such compensation. (1) Where the management of an oil industrial concern, being a company as defined in the Companies Act, 1956-, is taken over by the Board, then, notwithstanding anything contained in the said Act or in the memorandum or articles of association of such concern,- (a) it shall not be lawful for the shareholders of such concern or any other person to nominate or appoint any person to be a Director of such concern; (b) no resolution passed at any meeting of the shareholders of such concern shall be given effect to unless approved by the Board; (c) no proceeding for the winding up of such concern or for the appointment of a receiver in respect thereof shall lie in any court, except with the consent of the Board. (2) Subject to the provisions contained.....

The Poona University Act, 1974 Complete Act

State: Central

Year: 1974

THE POONA UNIVERSITY ACT, 1974 THE POONA UNIVERSITY ACT, 1974 [MAHARASHTRA ACT No. XXIII OF 1974] This act received assent of the President on the 2nd May 1974; assent was first published in the Maharashtra Government Gazette Part IV, Extraordinary, on the 17th May, 1974. An Act to consolidate and amend the law relating to the University of Poona WHEREAS, the Government of both the Union and the State have appointed Divers Committees to consider and recommend measures for the better governance of Universities and the reorganisation of Higher education ; AND WHEREAS, taking into account the recommendations of those Committees and in order to introduce uniformity in the several laws relating to the various Universities in the State; to promote or more equitable distribution of facilities for higher education in the different areas of the State; to provide for more efficient administration and financial control, and better Organisation of teaching and research; to ensure faithful observance of the law in all matters, including the selection and appointment of teachers and other employees; to give representation to student on certain bodies; to provide for wider.....

The Poona University Act, 1974 [Maharashtra Act No. Xxiii of 1974] Complete Act

State: Central

Year: 1974

THE POONA UNIVERSITY ACT, 1974 [MAHARASHTRA ACT No. XXIII OF 1974] THE POONA UNIVERSITY ACT, 1974 [MAHARASHTRA ACT No. XXIII OF 1974] This act received assent of the President on the 2nd May 1974; assent was first published in the Maharashtra Government Gazette Part IV, Extraordinary, on the 17th May, 1974. An Act to consolidate and amend the law relating to the University of Poona WHEREAS, the Government of both the Union and the State have appointed Divers Committees to consider and recommend measures for the better governance of Universities and the reorganisation of Higher education ; AND WHEREAS, taking into account the recommendations of those Committees and in order to introduce uniformity in the several laws relating to the various Universities in the State; to promote or more equitable distribution of facilities for higher education in the different areas of the State; to provide for more efficient administration and financial control, and better Organisation of teaching and research; to ensure faithful observance of the law in all matters, including the selection and appointment of teachers and other employees; to give representation to student on certain.....

The Kerala Agricultural Workers Act, 1974 Complete Act

State: Kerala

Year: 1974

THE KERALA AGRICULTURAL WORKERS ACT, 1974 THE KERALA AGRICULTURAL WORKERS ACT, 1974 (Act 18 Of 1974) [1] An Act to provide for the welfare of agricultural workers in the State of Kerala and to regulate the condition of their work. Preamble .-Whereas it is expedient to provide for the welfare of agricultural workers in the State of Kerala and to regulate to conditions of their work; BE it enacted in the Twenty-fifth Year of the Republic of India as follows CHAPTER I Preliminary 1. Short title, extent and commencement .- (1) This Act may be called the Kerala Agricultural Workers Act, 1974. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may, by notification in the Gazette, appoint, and difference dates may be appointed for difference areas and for different provisions of this Act. 2 Definitions .- In this Act, unless the contest otherwise requires,- "adult" means a person who has completed his eighteenth year of age; "adolescent" means a person who has completed his fifteenth year of age but has not completed his eighteenth year of age; "agricultural dispute" means any dispute or.....

Interest Tax Act, 1974 Complete Act

Title: Interest Tax Act, 1974

State: Central

Year: 1974

.....of chargeable interest Section14 - Opportunity of being heard Section15 - Appeals to the Appellate Assistant Commissioner Section15A - Omitted Section16 - Appeals to Appellate Tribunal Section17 - Rectification of mistakes Section18 - Interest-tax deductible in computing total income under, the Income-tax Act Section19 - Revision of order prejudicial to revenue Section20 - Revision of orders by Commissioner Section21 - Application of provisions of Income-tax Act Section22 - Income-tax papers to be available for the purposes of this Act Section23 - Failure to comply with notices Section24 - False statements Section25 - Willful attempt to evade tax, etc Section26 - Abetment of false returns, etc Section26A - Offences by credit institutions Section26B - Institution of proceedings and composition of offences Section26C - Power of credit institutions to vary certain agreements Section27 - Power to make rules Section28 - Power to Exempt Section29 - Power to remove difficulty Section30 - [Repealed]

Electricity Supply Undertakings (Acquisition) Act, 1974 Schedule 1

Title: The First Schedule

State: Karnataka

Year: 1974

SCHEDULE [See Section 5] For purposes of payment of amount under section 5 the depreciation shall be calculated at annual rates arrived at by dividing ninety percent of the book value of each asset by the number of years of life of the asset as specified in the Table below. For the account year in which an asset was brought into beneficial use, the depreciation shall be calculated at half the annual rate and for the period after the last completed account year till the vesting date, the depreciation shall be calculated pro rata. Depreciation shall not be calculated for any period beyond the life of the asset as prescribed herein. TABLE Description of assets Number of years or period 1 2 A. Land owned under full title .. .. Infinite B. Land held under lease,- .. .. The period of lease or the period remaining unexpired on the assignment of the lease. (a) for investment in the land (b) for cost of clearing site .. .. The period of the lease remaining unexpired at the date of clearing the.....

Interest Tax Act, 1974 Complete Act

State: Central

Year: 1974

.....which carries on exclusively, or almost exclusively, two or more classes of business referred to in the preceding sub-clauses;] (6) "Income-tax Act" means the Income-tax Act, 1961; 2[(7) "interest" means interest on loans and advances made in India and includes - (a) commitment charges on unutilised portion of any credit sanctioned for being availed of in India; and (b) discount on promissory notes and bills of exchange drawn or made in India, but does not include - (i) interest referred to in sub-section (1B) ofSection 42 of the Reserve Bank of India Act, 1934- (ii) discount on treasury bills;] (8) "prescribed" means prescribed by rules made under this Act; 3[(9) x x x ] (10) all other words and expressions used herein but not defined and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. SECTION 03: TAX AUTHORITIES - 6[(1) The Income-tax authorities specified inSection 116 of the Income-tax Act-shall be the interest-tax authorities for the purposes of this Act. (1A) .Every such authority shall exercise the powers and perform the functions of an interest-tax authority under this Act in respect of any person within his.....

Finance Act 1974 Chapter III

Title: Direct Taxes

State: Central

Year: 1974

.....making allowance for any relief, rebate or deduction in respect of income-tax to which the company is entitled under the provisions of the said Act or the annual Finance Act; and (b) the amount of surtax computed in accordance with the foregoing provisions of this Schedule, exceeds the amount calculated at seventy per cent. of the total income of the company, the amount of such excess shall be deducted from the amount of surtax referred to in clause (b) above and the balance shall be the amount of the surtax payable by the company.". Section 16 - Continuance of development rebate in certain cases The notification of the Government of India in the Ministry of Finance (Department of Revenue and Insurance) No. S.O. 2167, dated the 28th day of May, 1971, issued under sub-section (5) of section 33 of the Income-tax Act shall not apply in respect of - (a) any ship acquired after the 31st day of May, 1974, but before the 1st day of June, 1975, by any assessee, if the assessee furnishes evidence to the satisfaction of the Income-tax Officer that he had, before the 1st day of December, 1973, entered into a contract for the purchase of such ship with the builder or owner.....