Title : Repeal and Saving.
State : Central
Year : 2005
(1) The Taxation Laws (Amendment) Ordinance, 2005(Ord. 4 of 2005) is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the Income-tax Act, 1961(43 of 1961) and the Finance Act, 2005(18 of 2005), as amended by the said Ordinance, shall be deemed to have been done or taken under the corresponding provisions of those Acts, as amended by this Act. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 80-ia
State : Central
Year : 2005
In section 80-IA of the Income-tax Act, in sub-section (4), after clause (iv), the following clause shall be inserted with effect from the 1st day of April, 2006, namely:-- "(v) an undertaking owned by an Indian company and set up for reconstruction or revival of a power generating plant, if-- (a) such Indian company is formed before the 30th day of November, 2005 with majority equity participation by public sector companies for the purposes of enforcing the security interest of the lenders to the company owning the power generating plant and such Indian company is notified before the 31st day of December, 2005 by the Central Government for the purposes of this clause; (b) such undertaking begins to generate or transmit or distribute power before the 31st day of March, 2007.". ..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 112a.
State : Central
Year : 2005
In Chapter VII of the Finance Act, after section 112, the following section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2005, namely:-- "112A. This Chapter not to apply in certain cases.-- The provisions of this Chapter shall not apply to, or in relation to, the taxable banking transactions entered into on or after the 1st day of June, 2005,-- (a) between a scheduled bank and a banking company or a co-operative bank; or (b) between a scheduled bank and another scheduled bank.". View Complete Act List Judgments citing this sectionTitle : Amendments to the Code of Criminal Procedure, 1973
State : Central
Year : 2005
In section 195 of the Code of Criminal Procedure, 1973(2 of 1974) (hereafter in this Chapter referred to as the Code of Criminal Procedure), in sub-section (1), for the words "except on the complaint in writing of that Court, or of some other Court to which that Court is subordinate", the words "except on the complaint in writing of that Court or by such officer of the Court as that Court may authorise in writing in this behalf, or of some other Court to which that Court is subordinate" shall be substituted. Section 4 - Insertion of new Chapter XXIA After Chapter XXI of the Code of Criminal Procedure, the following Chapter shall be inserted, namely: 'CHAPTER XXIA PLEA BARGAINING 265A. Application of the Chapter.--(1) This Chapter shall apply in respect of an accused against..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 10
State : Central
Year : 2005
In section 10 of the Income-tax Act, 1961(43 of 1961) (hereafter in this Chapter referred to as the Income-tax Act), with effect from the 1st day of April, 2006,-- (a) in clause (6BB), for the words, figures and letters "or entered into after the 30th day of September, 2005 and approved by the Central Government in this behalf, the words, figures and letters "or entered into after the 31st day of March, 2006 and approved by the Central Government in this behalf shall be substituted; (b) in clause (15A), in the proviso, for the words, figures and letters "the 1st day of October, 2005", the words, figures and letters "the 1st day of April, 2006" shall be substituted; (c) after clause (38), the following clauses shall be inserted, namely:-- '(39) any specified income, arising from..... View Complete Act List Judgments citing this sectionTitle : Direct Taxes
State : Central
Year : 2006
In section 2 of the Income-tax Act, 1961 (43 of 1961) (hereafter in this Chapter referred to as the Income-tax Act), in clause (44), after the words "powers of a Tax Recovery Officer", the following shall be inserted, namely:-- "and also to exercise or perform such powers and functions which are conferred on, or assigned to, an Assessing Officer under this Act and which may be prescribed". Section 3 - Amendment of section 10 In section 10 of the Income-tax Act, with effect from the 1st day of April, 2006,-- (a) after clause (23BBE), the following clause shall be inserted, namely:-- "(23BBF) any income of the North-Eastern Development Finance Corporation Limited, being a company formed and registered under the Companies Act, 1956 (1 of 1956): Provided that in computing the..... View Complete Act List Judgments citing this sectionTitle : Amendment to the Indian Penal Code
State : Central
Year : 2005
After section 195 of the Indian Penal Code(45 of 1860), the following section shall be inserted, namely: "195A. Threatening or inducing any person to give false evidence.--Whoever threatens another with any injury to his person, reputation or property or to the person or reputation of any one in whom that person is interested, with intent to cause that person to give false evidence shall be punished with imprisonment of either description for a term which may extend to seven years, or with Fine, or with both; and if innocent person is convicted and sentenced in consequence of such false evidence, with death or imprisonment for more than seven years, the person who threatens shall be punished with the same punishment and sentence in the same manner and to the same extent such..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 115w
State : Central
Year : 2005
In section 115W of the Income-tax Act, in clause (a), with effect from the 1st day of April, 2006 -- (a) for sub-clause (iii), the following sub-clause shall be substituted, namely:-- "(iii) an association of persons or a body of individuals, whether incorporated or not;"; (b) after sub-clause (v), the following proviso shall be inserted, namely:-- "Provided that any person eligible for exemption under clause (23C) of section 10 or registered under section 12AA or a political party registered under section 29A of the Representation of the People Act, 1951(43 of 1951) shall not be deemed to be an employer for the purposes of this Chapter;". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 94
State : Central
Year : 2005
In Chapter VII of the Finance Act, 2005(18 of 2005) (hereafter in this Chapter referred to as the Finance Act), in section 94, with effect from the 1st day of June. 2005,-- (a) after clause (3), the following clause shall be inserted and shall be deemed to have been inserted, namely:-- '(3A) "banking company" means a company to which the Banking Regulation Act, 1949(10 of 1949) applies and includes any bank referred to in section 51 of that Act;'; (b) after clause (4), the following clause shall be inserted and shall be deemed to have been inserted, namely:-- '(4A) "co-operative bank" shall have the meaning assigned to it in Part V of the Banking Regulation Act, 1949(10 of 1949);'. View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 2006
This Act may be called the Taxation Laws (Amendment) Act, 2006. View Complete Act List Judgments citing this section