Title : Amendment of Section 35cca
State : Central
Year : 2006
In section 35CCA of the Income-tax Act, after sub-section (2A), the following Explanation shall be inserted with effect from the 1st day of April, 2006, namely:-- "Explanation.--The deduction, to which the assessee is entitled in respect of any sum paid to an association or institution for carrying out the programme of rural development referred to in sub-section (1), shall not be denied merely on the ground that subsequent to the payment of such sum by the assessee, the approval granted to such programme of rural development, or as the case may be, to the association or institution has been withdrawn.". View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 18a
State : Central
Year : 2007
After section 18 of the State Bank of India (Subsidiary Banks) Act, the following section shall be inserted, namely:-- "18A. Right of registered shareholder to nominate-(1) Every individual registered shareholder of a subsidiary bank may, at any time, nominate, in the prescribed manner, an individual to whom all his rights in the shares shall vest in the event of his death. (2) Where the shares are registered in the name of more than one individual jointly, the joint holders may together nominate in the prescribed manner, an individual to whom all their rights in the shares shall vest in the event of the death of all the joint holders. (3) Notwithstanding anything contained in any other law for the time being in force or in any disposition, whether testamentary or otherwise, in..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 39
State : Central
Year : 2007
In section 39 of the State Bank of India (Subsidiary Banks) Act, for the word "December", the word "March" shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 115p
State : Central
Year : 2003
In section 115P of the Income-tax Act, for the words "one and one-fourth per cent.", the words "one per cent." shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 115s
State : Central
Year : 2003
In section 115S of the Income-tax Act, for the words "one and one-fourth per cent.", the words "one per cent." shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 206c
State : Central
Year : 2003
In section 206C of the Income-tax Act,-- (a) in sub-section (1),-- (i) for the Table, the following Table shall be substituted, namely:-- Sl. No. Nature of goods Percentage (1) (2) (3) (i) Alcoholic liquor for human consumption One per cent. (ii) Tendu leaves Five per cent. (iii) Timber obtained under a forest lease Two and one-half per cent. (iv) Timber obtained by any mode other than Two and one-half per cent. under a forest lease (v) Any other forest produce not being timber Two and one-half per cent. or tendu leaves (vi) Scrap One per cent. : "; (ii) for the..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 18
State : Central
Year : 2007
In section 18 of the State Bank of India (Subsidiary Banks) Act, in sub-section (2), for the words "fifty-five per cent, of the issued capital", the words "fifty-one per cent. of the issued capital consisting of equity shares" shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 22
State : Central
Year : 2007
In section 22 of the State Bank of India (Subsidiary Banks) Act, for the words and figures "Notwithstanding anything contained in section 19, no notice of any trust,", the words "No notice of any trust," shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 194 I
State : Central
Year : 2006
In section 194-I of the Income-tax Act, in the Explanation, for clause (i), the following clause shall be substituted, namely:-- '(i) "rent" means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any, -- (a) land; or (b) building (including factory building); or (c) land appurtenant to a building (including factory building); or (d) machinery; or (e) plant; or (f) equipment; or (g) furniture; or (h) fittings, whether or not any or all of the above are owned by the payee;'. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 124
State : Central
Year : 2006
In section 124 of the Customs Act, in clause (a), for the words "writing informing", the words "writing with the prior approval of the officer of customs not below the rank of a Deputy Commissioner of Customs, informing" shall be substituted. View Complete Act List Judgments citing this section