Bare Act Search Results

Income Tax Act, 1961 Chapter VIA

Title: Deductions to Be Made in Computing Total Income

State: Central

Year: 1961

.....any premium or other payment made on an insurance policy other than a contract for a deferred annuity as is not in excess of twenty per cent of the actual capital sum assured. Explanation : In calculating any such actual capital sum assured, no account shall be taken (i) of the value of any premiums agreed to be returned, or (ii) of any benefit by way of bonus or otherwise over and above the sum actually assured, which is to be or may be received under the policy by any person. (4) The persons referred to in sub-section (2) shall be the following, namely: (a) for the purposes of clauses (i), (v), (x) and (xi) of that sub-section, (i) in the case of an individual, the individual, the wife or husband and any child of such individual, and (ii) in the case of a Hindu undivided family, any member thereof; (b) for the purposes of clause (ii) of that sub-section, in the case of an individual, the individual, the wife or husband and any child of such individual; (c) for the purpose of clause (xvii) of that sub-section, in the case of an individual, any two children of such individual. (5) Where, in any previous year, an assessee (i) terminates his contract of insurance.....

Merchant Shipping Act, 1958 Part VIA

Title: Obligation of Certain Certificate Holders to Serve Government

State: Central

Year: 1958

1 [PART VIA OBLIGATION OF CERTAIN CERTIFICATE HOLDERS TO SERVE GOVERNMENT _________________________ 1. Pt. VIA containing Sub-Section 87A to 87D inserted by Merchant Shipping (Amendment) Act (20 of 1979),Section 2(4-5-79).

Securities and Exchange Board of India Act, 1992 Chapter VIA

Title: Penalties and Adjudication

State: Central

Year: 1992

1 [CHAPTER VIA PENALTIES AND ADJUDICATION ______________________ 1. Chapter VIA (containing sections 15A to 15J) Inserted by Act 9 of 1995, section 8 (w.r.e.f. 25-1-1995).

Inland Vessels Act, 1917 Chapter VIA

Title: Insurance of Mechanically Propelled Vessels Against Third Party Risks

State: Central

Year: 1917

1[CHAPTER VIA INSURANCE OF MECHANICALLY PROPELLED VESSELS AGAINST THIRD PARTY RISKS ________________________ 1. Chapter VIA inserted by Amendment Act, 1977 (35 of 1977), section 26 (1-1-1979).

Wild Life (Protection) Amendment Act, 2002 Section 34

Title: Insertion of New Chapter Via

State: Central

Year: 2002

.....to the Government), as the State Government thinks fit, to be appointed by that Government for hearing appeals against the orders made under section 58F, section 58-I, sub-section (1) of section 58K or section 58L. (2) The Chairman of the Appellate Tribunal shall be a person who is or has been or is qualified to be a Judge of a High Court. (3) The terms and conditions of service of the Chairman and other members shall be such as may be prescribed. 58-O. Appeals.-- (1) Any person aggrieved by an order of the competent authority made under section 58F, section 58-I, sub-section (1) of section 58K or section 58L may, within forty-five days from the date on which the order is served on him prefer an appeal to the Appellate Tribunal: Provided that the Appellate Tribunal may entertain an appeal after the said period of forty-five days, but not after sixty days, from the date aforesaid if it is satisfied that the appellant was prevented by sufficient cause from filing the appeal in time. (2) On receipt of an appeal under sub-section (1), the Appellate Tribunal may, after giving an opportunity of being heard to the appellant, if he so desires, and after making such.....

Legal Services Authorities Act, 1987 Chapter VIA

Title: Pre-litigation Conciliation and Settlement

State: Central

Year: 1987

1[CHAPTER VIA PRE-LITIGATION CONCILIATION AND SETTLEMENT ________________________ 1. Inserted by the Legal Services Authorities (Amendment) Act, 2002 w.e.f. 11-06-2002.

Legal Services Authorities (Amendment) Act, 2002 Section 4

Title: Insertion of New Chapter Via

State: Central

Year: 2002

.....Lok Adalat under sub-section (1), it-- (a) shall direct each party to the application to file before it a written statement, stating therein the facts and nature of dispute under the application, points or issues in such dispute and grounds relied in support of, or in opposition to, such points or issues, as the case may be, and such party may supplement such statement with any document and other evidence which such party deems appropriate in proof of such facts and grounds and shall send a copy of such statement together with a copy of such document and other evidence, if any, to each of the parties to the application; (b) may require any party to the application to file additional statement before it at any stage of the conciliation proceedings; (c) shall communicate any document or statement received by it from any party to the application to the other party, to enable such other party to present reply thereto. (4) When statement, additional statement and reply, if any, have been filed under sub-section (3), to the satisfaction of the Permanent Lok Adalat, it shall conduct conciliation proceedings between the parties to the application in such manner as it thinks.....

Companies (Second Amendment) Act, 2002 Section 47

Title: Insertion of New Part Via

State: Central

Year: 2002

.....practicable for the company to make its net worth exceed the accumulated losses or make the repayment of its debts referred to in clause (b) of sub-section (2) of section 424A within a reasonable time. (2) If the Tribunal decides under sub-section (1) that it is practicable for a sick industrial company to make its net worth exceed the accumulated losses or pay its debt referred to in that sub-section within a reasonable time, the Tribunal shall, by order in writing and subject to such restrictions or conditions as may be specified in the order, give such time to the company as it may deem fit to make its net worth exceed the accumulated losses or make repayment of the debts. (3) If the Tribunal decides under sub-section (1) that it is not practicable for a sick industrial company to make its net worth exceed the accumulated losses or make the repayment of its debts referred to in clause (b) of sub-section (2) of section 424A, within a reasonable time and that it is necessary or expedient in the public interest to adopt all or any of the measures specified in section 424D in relation to the said company it may, as soon as may be, by order in writing, direct any operating.....

Finance Act 1965 Section 20

Title: Insertion of New Chapter Via

State: Central

Year: 1965

.....salary in that previous year or eight thousand rupees, whichever is less. Explanation : In clause (d) of this sub section and in clause (d) of sub section (1) of section 87, "salary" shall have the meaning assigned to it in clause (h) of rule 2 of Part A of the Fourth Schedule; (e) if the assessee is an employee participating in an approved superannuation fund, any sum paid in the previous year by him by way of contribution towards the superannuation fund; (f) where the assessee is an individual, any sums deposited, in the previous year by the assessee out of his income chargeable to tax, in a ten year account or a fifteen year account under the Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959, as amended from time to time. (3) The provisions of clauses (a) and (b) of sub section (2) shall apply only to so much of any premium or other payment made on a policy other than a contract for a deferred annuity as is not in excess of ten per cent. of the actual capital sum assured. Explanation : In calculating any such capital sum, no account shall be taken (i) of the value of any premiums agreed to be returned, or (ii) of the benefit by way of bonus or.....

Finance Act, 1997 Complete Act

State: Central

Year: 1997

.....actually paid and the subsequent previous year or years during which the licence, for which the fee is paid, shall be in force; (ii) 'appropriate fraction' means the fraction the numerator of which is one and the denominator of which is the total number of the relevant previous years; (iii) 'payment has actually been made' means the actual payment of expenditure irrespective of the previous year in which the liability for the expenditure was incurred according to the method of accounting regularly employed by the assessee. (2) Where the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) are less than the expenditure incurred remaining unallowed, a deduction equal to such expenditure remaining unallowed, as reduced by the proceeds of the transfer, shall be allowed in respect of the previous year in which the licence is transferred. (3) Where the whole or any part of the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) exceed the amount of the expenditure incurred remaining unallowed, so much of the excess as does not exceed the difference between the expenditure incurred to obtain the.....