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Companies (Surcharge on Income-tax) Act, 1971 [Repealed] Complete Act

Title: Companies (Surcharge on Income-tax) Act, 1971 [Repealed]

State: Central

Year: 1971

Preamble1 - COMPANIES (SURCHARGE ON INCOME-TAX) ACT, 1971 Section1 - Short title Section2 - Definitions Section3 - Levy of surcharge on income-tax payable by companies during 1971-72 Section4 - Mode of recovery Section5 - Credit for surcharge Repealing Act1 - DIRECT-TAX LAWS (MISCELLANEOUS) REPEAL ACT, 2000

Companies (Surcharge on Income-tax) Act, 1971 [Repealed] Preamble 1

Title: Companies (Surcharge on Income-tax) Act, 1971

State: Central

Year: 1971

COMPANIES (SURCHARGE ON INCOME-TAX) ACT, 1971 [Act, No. 62 of 1971] [23rd December, 1971] PREAMBLE An Act to provide for the levy of a surcharge on income-tax payable in advance by companies during the financial year 1971-72 under the Income-tax Act, 1961. BE it enacted by Parliament in the Twenty-second Year of the Republic of India as follows: -

Companies (Surcharge on Income-tax) Act, 1971 [Repealed] Section 3

Title: Levy of Surcharge on Income-tax Payable by Companies During 1971-72

State: Central

Year: 1971

(1) Every company which is liable to pay advance tax under Section 210 or Section 212 of the Income-tax Act during the financial year commencing on the 1st day of April, 1971, shall, in addition to the advance tax so payable, pay to the credit of the Central Government on or before the15th day of March, 1972, a further sum, by way of surcharge on income-tax, calculated at the rate of two and one-half per cent, of the amount specified in sub-section (2). (2) The amount referred to in sub-section (1) shall be (i) In a case where advance tax is required to be paid by an order under sub-section (1) or sub-section (3) of Section 210 of the Income-tax Act, the amount specified in such order; (ii) In a case where advance tax is payable under sub-section (1) or sub- section (2) or sub-section (3) or sub-section (3A) of Section 212 of the Income-tax Acton the basis of the estimate furnished by the company, the amount of advance tax so payable. (3) Any sum required to be paid by a company as surcharge on income tax under sub-section (1) shall be paid without any notice of demand to the company in that behalf from the Income-tax Officer.

Companies (Surcharge on Income-tax) Act, 1971 [Repealed] Section 5

Title: Credit for Surcharge

State: Central

Year: 1971

Any sum paid by or recovered from a company as surcharge on income-tax in pursuance of this Act shall be treated as a payment of tax under the Income-tax Act in respect of the income of the period which would be the previous year for the assessment year commencing on the 1st day of April, 1972, and credit therefore shall be given to the company for the purposes of assessment under Section 140A, Section 141A, Section 143 or Section 144 of the Income-tax Act.

The Kerala Surcharge on Taxes (Amendment and Validation) Act, 1966 [1] Complete Act

State: Kerala

Year: 1966

.....to have come into force on the 1st day of September, 1957, and the remaining provisions of this Act shall come into force at once. 2. Amendment of section 2."In section 2 of the Kerala Surcharge on Taxes Act, 1957 (Kerala Act 11 of 1957) (hereinafter referred to as the principal Act), for the words "apply to the levy and collection of the said surcharge", the words "apply in relation to the said surcharge as they apply in relation to the income-tax or super-tax payable under the said Act" shall be substituted. 3. Amendment of section 3."In section 3 of the principal Act," (i) in sub-section (1), (a) for the words and figures "the Travancore-Cochin General Sales Tax Act, 1125 or the Madras General Sales Tax Act, 1939", wherever they occur, the words and figures "the Kerala General Sales Tax Act, 1963" shall be substituted; (b) for the words "apply to the levy and collection of the said surcharge", the words "apply in relation to the said surcharge as they apply in relation to the tax payable under the said Act" shall be substituted; (ii) in sub-section (2), for the words, brackets, figures and letter "in sub-section (1) of section 11 of the Travancore-Cochin General Sales Tax.....

The Kerala State Electricity Surcharge ( Levey and Collection ) Act,1989 1 Complete Act

State: Kerala

Year: 1989

.....so appointed shall perform such duties and exercise such powers as may be prescribed, for the purpose of carrying into effect the provisions of this Act and the rules made thereunder. (3) Every such officer shall deemed to be a public servant within the meaning of section 21 of the Indian Penal Code. 6. Recoveries.- Any sum due on account of surcharge, if not paid at the time and in the manner prescribed, shall be deemed to be in arrears, and thereupon such interest not exceeding twelve per cent per annum which the Government may by general or special order fix, shall be payable on such sum; and the sum, together with any interest thereon, shall be recoverable either a Civil Court or as an arrear of land revenue. 7. Penalties.- (1) If any licensee fails to keep books of account or to submit returns as required in section 4, he shall be punishable with fine which may extend to one thousand rupees. (2) If any licensee or other person intentionally obstructs and Inspecting Officer appointed under section 5 in the performance of his duties or in the exercise of his powers under this Act or in the rules made thereunder, he shall be punishable with fine which may extend to one.....

The Kerala Surcharge on Taxes Act, 1957 [1] Complete Act

State: Kerala

Year: 1957

.....same meaning as in the Agricultural Income-tax Act, 1950.] 3. Levy of surcharge on sales and purchase taxes.- [9] ["(1) The tax payable under sub-section (1) of section 5 of the Kerala General Sales Tax Act, 1963, by a dealer in foreign liquor shall be increased by a surcharge at the rate of ten per cent, and the provisions of the Kerala General Sales Tax Act, 1963 shall apply in relation to the said surcharge as they apply in relation to the tax payable under the said Act".] Provided that where in respect of declared goods as defined in clause (c) of section 2 of the Central Sales Tax Act, 1956 the tax payable by such dealer under [10] [the Kerala General Sales-Tax Act, 1963] together with the surcharge payable under this sub-section, exceeds [11] [four per centum] of the sale or purchase price, the rate of surcharge in respect of such goods shall be reduced to such an extent that the tax and the surcharge together shall not exceed [12][four per centum] of the sale or purchase price. (2) Notwithstanding anything contained [13] [in sub-section (1) of section 22 of the Kerala General Sales Tax Act, 1963] no dealer referred to in sub-section (1) shall be entitled to collect.....

Punjab Land Revenue (Additional Surcharge) Act 1960 Complete Act

State: Punjab

Year: 1960

..... 4. Recovery 5. Additional surcharge to be excluded in payment of special charges Punjab Land Revenue (Additional Surcharge) Act 1960 (Punjab Act No. 38 of 1960) [Received the assent of the Government of Punjab on 7th December, 1960. and was first published in the Punjab Government (Gazette Extraordinary) of 9th December, 1960. An act to provide for the levy and collection of additional surcharge on land revenue. Be it enacted by the Legislature of the State of Punjab in the Eleventh Year of the Republic of India as follows :- 1. Short title and extent " (1) This Act may be called the Punjab Land Revenue (Additional Surcharge) Act, 1960. (2) It extends to the whole of the State of Punjab. 2. Definitions : - In this Act, unless the context otherwise requires - (a) "additional surcharge" means the enhanced land revenue levied and collected under section 3; (b) "land revenue:" shall have the meaning assigned to it in clause (6) of section 3 of the Punjab Land Revenue Act, 1887, but shall not include " (i) a special assessment made under the Punjab Land Revenue (Special Assessment) Act, 1956 (Punjab Act No. 6 of 1956) (ii) the surcharge.....

Finance Act, 1980 Part I

Title: Income-tax and Surcharge on Income-tax

State: Central

Year: 1980

.....the assessment year commencing on the 1st day of April, 1980. Explanation : In this sub-rule and sub-rule (2), the expression "section 2 of this Act" means section 2 of the Finance Act, 1979 (21 of 1979), as applied for the purposes of this Act. (2) Where the assessee has, in the previous year relevant to the assessment year commencing on the 1st day of April, 1981, or, if by virtue of any provision of the Income-tax Act, income-tax is to be charged in respect of the income of a period other than that previous year, in such other period, any agricultural income and the net result of the computation of the agricultural income of the assessee for any one or more of the previous years relevant to the assessment year commencing on the 1st day of April, 1974, or the 1st day of April, 1975, or the 1st day of April, 1976, or the 1st day of April, 1977, or the 1st day of April, 1978, or the 1st day of April, 1979, or the 1st day of April, 1980, is a loss, then, for the purposes of sub-section (6) of section 2 of this Act, - (i) the loss so computed for the previous year relevant to the assessment year commencing on the 1st day of April, 1974, to the extent, if any, such loss has.....

Assam Land Revenue and Rent (Surcharge) Act, 1970 Complete Act

State: Assam

Year: 1970

.....shall have the same meaning as is assigned to them, in the Assam land and Revenue Regulation, 1886; or the rules framed there under. COMMENTS Section 2. In this section the Cls.(4), (5), (6) and (7) were inserted vide the Assam Act II of 1976 to come into force at once, published in the Assam Gazette dated 20-5-1979. 3. Levy of Surcharge. Every person holding land measuring 10 (ten) bighas or more directly under the State Government shall be liable to pay a surcharge on land revenue or rent, as the case may be, at the rate of 30 percent of the land revenue or rent of all classes of holdings in addition to the land revenue or the rent payable by him. 4. Provisional assessment of surcharge and issue of notice. After making such enquiry, if any, as he considers necessary, the sub-Deputy Collector of where the lands are situated in more than one circle, Sub-Deputy Collector of any of those circles as may determined by rules made under this Act, shall provisionally assesses the surcharge payable by a person and shall cause a notice to be served on the persons concerned specifying the amount of surcharge so assessed, in the manner prescribed. COMMENTS Notice to pay.....