Bare Act Search Results

Legal Metrology Act, 2009 Section 28

Title: Penalty for Making Any Transaction, Deal or Contract in Contravention of the Prescribed Standard

State: Central

Year: 2009

Whoever makes any transaction, deal or contract in contravention of the standards of weights and measures specified under section 10 shall be punished with fine which may extend to ten thousand rupees and for the second or subsequent offence, with imprisonment for a term which may extend to one year, or with fine, or with both.

Legal Metrology Act, 2009 Complete Act

State: Central

Year: 2009

LEGAL METROLOGY ACT, 2009 LEGAL METROLOGY ACT, 2009 1 OF 2010 An Act to establish and enforce standards of weights and measures, regulate trade and commerce in weights, measures and other goods which are sold or distributed by weight, measure or number and for matters connected therewith or incidental thereto. Be it unacted by Parliament in the Sixtieth Year of the Republic of India as follows:- CHAPTER 1 : PRELIMINARY SECTION 1 : Short title, extent and commencement (1) This Act may be called the Legal Metrology Act, 2009. (2) It extends to the whole of India, (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act. SECTION 2 : Definitions In this Act, unless the context otherwise requires,- (a) "Controller" means the Controller of Legal Metrology appointed under Sec. 14; (b) "dealer", in relation to any weight or measure, means a person who, carries on, directly or otherwise, the business of buying, selling supplying or distributing any such weight or measure, whether for cash or for deferred payment or for commission,.....

The Punjab Tax on Luxuries Act, 2009 Complete Act

State: Punjab

Year: 2009

.....the assent of the Governor of Punjab on the 24 th March, 2009 and is hereby published for general information :- THE PUNJAB TAX ON LUXURIES ACT, 2009 (Punjab Act No. 4 of 2009) A N ACT to provide for the levy and collection of tax on luxuries and for the matters connected therewith and incidental thereto. Be it enacted by the Legislature of the State of Punjab in the Sixtieth Year of Republic of India as follows:- Short title and commencement. 1. (1) This Act may be called the Punjab Tax on Luxuries Act, 2009. (2) It shall come into force at once. CHAPTER-I PRELIMINARY Definitions. 2. In this Act, unless the context otherwise requires,- (a) "assessing authority" means an officer, appointed as such, by the State Government by notification in the Official Gazette to make an assessment under this Act; (b) "banquet hall" means any premises, garden or farm house, marriage palace or any part thereof, where accommodation or space is let out for a monetary consideration for marriages, receptions, conventions, banquets, kitty-parties, meetings or exhibitions for sale of goods or for arranging functions or events whether on regular or periodical or.....

Finance (No. 2) Act 2009 Chapter III

Title: Direct Taxes

State: Central

Year: 2009

.....For the purposes of this sub-clause,-- (a) "specified security" means the securities as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and, where employees' stock option has been granted under any plan or scheme therefor, includes the securities offered under such plan or scheme; (b) "sweat equity shares" means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called; (c) the value of any specified security or sweat equity shares shall be the fair market value of the specified security or sweat equity shares, as the case may be, on the date on which the option is exercised by the assessee as reduced by the amount actually paid by, or recovered from, the assessee in respect of such security or shares; (d) "fair market value" means the value determined in accordance with the method as may be prescribed; (e) "option" means a right but not an obligation granted to an employee to apply for the specified security or sweat equity.....

Legal Metrology Act, 2009 Chapter I

Title: Preliminary

State: Central

Year: 2009

.....cash or for deferred payment or for commission, remuneration or other valuable consideration, and includes a commission agent, an importer, a manufacturer, who sells, supplies, distributes or otherwise delivers any weight or measure manufactured by him to any person other than a dealer; (c) "Director" means the Director of Legal Metrology appointed under section 13; (d) "export" with its grammatical variations and cognate expressions, means taking out of India to a place outside India; (e) "import" with its grammatical variations and cognate expressions, means bringing into India from a place outside India; (f) "label" means any written, marked, stamped, printed or graphic matter affixed to, or appearing upon any pre-packaged commodity; (g) "Legal Metrology" means that part of metrology which treats units of weighment and measurement, methods of weighment and measurement and weighing and measuring instruments, in relation to the mandatory technical and legal requirements which have the object of ensuring public guarantee from the point of view of security and accuracy of the weighments and measurements; (h) "legal metrology officer" means Additional Director,.....

Legal Metrology Act, 2009 Section 2

Title: Definitions

State: Central

Year: 2009

.....cash or for deferred payment or for commission, remuneration or other valuable consideration, and includes a commission agent, an importer, a manufacturer, who sells, supplies, distributes or otherwise delivers any weight or measure manufactured by him to any person other than a dealer; (c) "Director" means the Director of Legal Metrology appointed under section 13; (d) "export" with its grammatical variations and cognate expressions, means taking out of India to a place outside India; (e) "import" with its grammatical variations and cognate expressions, means bringing into India from a place outside India; (f) "label" means any written, marked, stamped, printed or graphic matter affixed to, or appearing upon any pre-packaged commodity; (g) "Legal Metrology" means that part of metrology which treats units of weighment and measurement, methods of weighment and measurement and weighing and measuring instruments, in relation to the mandatory technical and legal requirements which have the object of ensuring public guarantee from the point of view of security and accuracy of the weighments and measurements; (h) "legal metrology officer" means Additional Director,.....

Legal Metrology Act, 2009 Chapter V

Title: Offences and Penalties

State: Central

Year: 2009

.....offence with imprisonment for a term which may extend to three years or with fine or with both. Section 28 - Penalty for making any transaction, deal or contract in contravention of the prescribed standard Whoever makes any transaction, deal or contract in contravention of the standards of weights and measures specified under section 10 shall be punished with fine which may extend to ten thousand rupees and for the second or subsequent offence, with imprisonment for a term which may extend to one year, or with fine, or with both. Section 29 - Penalty for quoting or publishing, etc., of non-standard units Whoever violates section 11 shall be punished with fine which may extend to ten thousand rupees and, for the second or subsequent offence, with imprisonment for a term which may extend to one year, or with fine, or with both. Section 30 - Penalty for transactions in contravention of standard weight or measure Whoever-- (a) in selling any article or thing by weight, measure or number, delivers or causes to be delivered to the purchaser any quantity or number of that article or thing less than the quantity or number contracted for or paid for; or (b) in.....

Finance (No.2) Act, 2009 Complete Act

State: Central

Year: 2009

.....Parliament in the Sixtieth Year of the Republic of India as follows CHAPTER 1: Preliminary: Section 1: Short title and commencement: (1) This Act may be called the Finance (No. 2) Act, 2009. (2) Save as otherwise provided in this Act, sections 2 to 83 shall be deemed to have come into force on the 1st day of April, 2009. CHAPTER 2: RATES OF INCOME-TAX SECTION 2: Income-tax: (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2009, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax shall be increased by a surcharge, for purposes of the Union, calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding five thousand rupees, in addition to total income, and the total income exceeds one lakh fifty thousand rupees, then,- (a) the net agricultural income shall be taken into account, in the manner provided in clause (b) [that is to say, as if the net agricultural income were comprised in the total income.....

Finance (No. 2) Act 2009 Chapter VI

Title: Miscellaneous

State: Central

Year: 2009

In the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002, in section 13, in sub-section (/), for the words, figures and letters "the 31st day of March, 2009", the words, figures and letters "the 31st day of March, 2014" shall be substituted. Section 115 - Amendment of Chapter Vll of Finance (No. 2) Act, 2004 In Chapter VII of the Finance (No. 2) Act, 2004 (23 of 2004), after section 113, the following section shall be inserted with effect from the 1st day of October, 2009, namely:-- "113A. Chapter VII not to apply in certain cases.-- Notwithstanding anything contained in this Chapter, the provisions of this Chapter shall not apply to taxable securities transactions entered into by any person for, or on behalf of, the New Pension System Trust referred to in clause (44) of section 10 of the Income-tax Act, 1961 (43 of 1961).". Section 116 - Amendment of Act 18 of 2008 After section 121 of the Finance Act, 2008, the following section shall be inserted, namely:-- "121 A. Provisions of Chapter VII not to apply to taxable commodities transaction.-- Nothing contained in this Chapter shall apply to, or in relation to, the taxable commodities transaction.....

Prevention of Money-laundering (Amendment) Act 2009 Section 6

Title: Amendment of Section 12

State: Central

Year: 2009

In section 12 of the principal Act, for sub-section (2), the following sub-section shall be substituted, namely:-- "(2)(a) The records referred to in clause (a) of sub-section (1) shall be maintained for a period of ten years from the date of transactions between the clients and the banking company or financial institution or intermediary, as the case may be. (b) The records referred to in clause (c) of sub-section (1) shall be maintained for a period of ten years from the date of cessation of transactions between the clients and the banking company or financial institution or intermediary, as the case maybe.".