Bare Act Search Results

Finance Act, 2012, (Central) Section 81

Title: Amendment of Section 209

State: Central

Year: 2012

In section 209 of the Income-tax Act, in sub-section (1), in clause (d), the following proviso shall be inserted, namely:-- "Provided that for computing liability for advance tax, income-tax calculated under clause (a) or clause (b) or clause (c) shall not, in each case, be reduced by the aforesaid amount of income-tax which would be deductible or collectible at source during the said financial year under any provision of this Act from any income, if the person responsible for deducting tax has paid or credited such income without deduction of tax or it has been received or debited by the person responsible for collecting tax without collection of such tax.".

Chennai Metropolitan Water Supply and Sewerage (Amendment) Act, 2012 Complete Act

State: Tamil Nadu

Year: 2012

.....repealed. (2) Notwithstanding such repeal, anything done or any action taken under the principal Act, as amended by the said Ordinance, shall be deemed to have been done or taken under the principal Act, as amended by this Act. An Act further to amend the Chennai Metropolitan Water Supply and Sewerage Act, 1978. Be it enacted by the Legislative Assembly of the State of Tamil Nadu in the Sixty-third Year of the Republic of India as follows:" 1. Short title and Commencement." (1) This Act may be called the Chennai Metropolitan Water Supply and Sewerage (Second Amendment) Act, 2012. (2) It shall come into force on such date as the State Government may, by notification, appoint. 2. Amendment of Section 37."In Section 37 of the Chennai Metropolitan Water Supply and Sewerage Act, 1978 (Tamil Nadu Act 28 of 1978)," (1) in sub-section (7), for the expression "sanction'', the expression "approve" shall be substituted; (2) sub-section (8), shall be omitted; (3) in sub-section (9), for the expression "sanctioned'', the expression "approved" shall be substituted. Tamil Nadu State Acts

Finance Act, 2012, (Central) Section 77

Title: Amendment of Section 201

State: Central

Year: 2012

.....of sub-section (1), the interest under clause (i) shall be payable from the date on which such tax was deductible to the date of furnishing of return of income by such resident"; (B) in sub-section (3), in clause (ii), for the words "four years", the words "six years" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2010; (C) after sub-section (4), the following Explanation shall be inserted with effect from the 1st day of July, 2012, namely:-- "Explanation.--For the purposes of this section, the expression "accountant" shall have the meaning assigned to it in the Explanation to sub-section (2) of section 288.".

Finance Act, 2012, (Central) Section 2

Title: Income

State: Central

Year: 2012

.....been substituted. (3) In cases to which the provisions of Chapter XII or Chapter XII-A or section 115JB or section 115JC or sub-section (1A) of section 161 or section 164 or section 164A or section 167B of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) apply, the tax chargeable shall be determined as provided in that Chapter or that section, and with reference to the rates imposed by sub-section (1) or the rates as specified in that Chapter or section, as the case may be: Provided that the amount of income-tax computed in accordance with the provisions of section 111A or section 112 shall be increased by a surcharge, for purposes of the Union, as provided in Paragraph A, B, C, D or E, as the case may be, of Part I of the First Schedule: Provided further that in respect of any income chargeable to tax under sections 115A, 115AB, 115AC, 115ACA, 115AD, 115B, 115BB, 115BBA, 115BBC, 115BBD, 115E or 115JB of the Income-tax Act, the amount of income-tax computed under this sub-section shall be increased by a surcharge, for purposes of the Union, calculated,-- (a) in the case of a domestic company, at the rate of five per cent. of such.....

Finance Act, 2012, (Central) Section 79

Title: Amendment of Section 206c

State: Central

Year: 2012

.....at the end,-- (I) for clause (a), the following clauses shall be substituted, namely:-- (a) "accountant" shall have the meaning assigned to it in the Explanation to sub-section (2) of section 288; (aa) "buyer" with respect to-- (i) sub-section (1) means a person who obtains in any sale, by way of auction, tender or any other mode, goods of the nature specified in the Table in sub-section (1) or the right to receive any such goods but does not include,-- (A) a public sector company, the Central Government, a State Government, and an embassy, a High Commission, legation, commission, consulate and the trade representation, of a foreign State and a club; or (B) a buyer in the retail sale of such goods purchased by him for personal consumption; (ii) sub-section (1D) means a person who obtains in any sale, goods of the nature specified in the said sub-section; (ab) "jewellery" shall have the meaning assigned to it in the Explanation to sub-clause (ii) of clause (14) of section 2.'; (II) in clause (c), after the words, brackets and figure "in sub-section (1)", the words, brackets, figure and letter "or sub-section (1D)" shall be inserted.

The Delhi Value Added Tax (Second Amendment) Act, 2012 Complete Act

State: Delhi

Year: 2012

.....Government may, by notification in the official Gazette, appoint: PROVIDED that different dates may be appointed for different provisions of this Act. Section 2 - Amendment of section 2 In the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005) (hereinafter referred to as the ˜principal Act'), in section 2, in sub-section (1), in clause (zd), the provisos occurring after clause (vii) and before the Explanation shall be omitted. Section 3 - Amendment of section 9 In the principal Act, in section 9,- (i) in sub-section (3), for the word and figures "(4) and (6)", the word and figures "(4), (6) and (10)" shall be substituted; (ii) after sub-section (9), the following shall be inserted, namely:- "(10) Notwithstanding anything contained to the contrary in sub-section (1), where " (a) a dealer has purchased goods (other than capital goods) for which a tax credit arises under sub-section (1) of this section; and, (b) the goods or goods manufactured out of such goods are to be exported from Delhi by way of sale made under sub-section (1) of Section 8 of the Central Sales Tax Act, 1956, the amount of the tax credit shall be reduced by the prescribed.....

The Jharkhand Advertisement Tax Act, 2012 Complete Act

State: Jharkhand

Year: 2012

THE JHARKHAND ADVERTISEMENT TAX ACT, 2012 THE JHARKHAND ADVERTISEMENT TAX ACT, 2012 [Act No. 14 of 2012] An Act to enact the Taxation on Advertisement published in newspapers and broadcast by radio or on television with regard to its applicability and enforcement within the State of Jharkhand. Be it enacted in the 62nd year of the Republic of India:- Section 1 - Short title, extent and commencement (1) This Act may be called the Jharkhand Advertisement Tax Act, 2012. (2) It shall extend to the whole of the State of Jharkhand. (3) It shall come into force with effect from the date of its publication in the official gazette. Section 2 - Definitions In this Act unless there is anything repugnant in the subject or context: - (a) "Advertisement" shall mean any word, letter, model, sign, neon-sign, sky-sign, placard, notice, structure, device or representation, whether illuminated or not, in the nature of, and employed wholly or in part exhibits or displayed or retained for the public view for the purposes of advertisement, announcement or direction, but shall not include such advertisements published in a newspaper or broadcast by radio or television or.....

Tamil Nadu Municipal Laws (Amendment) Act, 2012 Complete Act

State: Tamil Nadu

Year: 2012

.....by any authority before the date of such Notification, shall be deemed to have been taken by the authority competent to take such action under this Act as if this Act had then been in force. (6) Notwithstanding anything contained in this Act, every officer or employee except in connection with water supply and sewerage services, who, immediately before the date of such Notification, was in the service of such municipality, town panchayat or village panchayat, as the case may be, shall, on and from the date of such Notification, be deemed to be an officer or employee of the corporation: Provided that" (a) the terms and conditions applicable to such officer or employee consequent on his absorption in the service of the corporation shall not be less favourable than those applicable to such officer or employee immediately before the date of such Notification, as regards pay and allowances, leave, pension, gratuity, provident fund and age of superannuation; and (b) the service rendered by such officer or employee under such municipality; town panchayat or village panchayat, as the case may be, upto the date of such Notification, shall be deemed to be the service under.....

Finance Act, 2012, (Central) Section 59

Title: Insertion of New Section 144ba

State: Central

Year: 2012

After section 144B of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2014, namely:-- "144BA. Reference to Commissioner in certain cases.-- (1) If, the Assessing Officer, at any stage of the assessment or reassessment proceedings before him having regard to the material and evidence available, considers that it is necessary to declare an arrangement as an impermissible avoidance arrangement and to determine the consequence of such an arrangement within the meaning of Chapter X-A, then, he may make a reference to the Commissioner in this regard. (2) The Commissioner shall, on receipt of a reference under sub-section (1), if he is of the opinion that the provisions of Chapter X-A are required to be invoked, issue a notice to the assessee, setting out the reasons and basis of such an opinion, for submitting objections, if any, and providing an opportunity of being heard to the assessee within such period, not exceeding sixty days, as may be specified in the notice. (3) If the assessee does not furnish any objection to the notice within the time specified in the notice issued under sub-section (2), the Commissioner shall.....

Tamil Nadu Infrastructure Development Act, 2012 Complete Act

State: Tamil Nadu

Year: 2012

.....Procuring entity for Projects. " (1) Every public agency designated by the Board to implement a Project shall be a procuring entity under the Tender Act (Tamil Nadu Act 43 of 1998): Provided that the Board may, for any class of Project as may be prescribed in the Rules, be the procuring entity under the Tender Act. (2) No procurement under this Act shall be made by the procuring entity except by tender, following the provisions contained in the Tender Act. (3) The tender documents shall be in the form and manner as may be prescribed in the regulations: Provided that for any class of Project as may be prescribed in the regulations, the procuring entity shall submit the tender documents for prior approval of the Board. (4) The procuring entity shall, in respect of Projects identified by the Board, intimate the name and address of the tenderer whose tender has been accepted, to the Board and shall also obtain its approval on the concession agreement to be entered into with such tenderer. 19. Appointment of Project Manager and Experts. " (1) The Board may, if it considers necessary, shall direct the sponsoring agency to appoint a person, who has knowledge and.....