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Start Free TrialCompanies Profits Surtax Act 1964 Section 2
Title: Definitions
State: Central
Year: 1964
.....accordance with the provisions of the First Schedule; (6) "Income-tax Act" means the Income-tax Act, 1961. (7) "prescribed" means prescribed by rules made under this Act; 2[(7-A) "regular assessment" means as assessment made under section 6.] (8) "Statutory deduction" means an amount equal to3[fifteen per cent] of the capital of the company as computed in accordance with the provisions of the Second Schedule, or an amount of two hundred thousand rupees, whichever is greater: Provided that where the previous year is longer or shorter than a period of twelve months, the aforesaid amount of c[fifteen per cent] or, as the case may be, of two hundred thousand rupees shall be increased or decreased proportionately: Provided further that where a company has different previous years in respect of its income, profits and gains, the aforesaid increase or decrease, as the case may be, shall be calculated with reference to the length of the previous year of the longest duration; and (9) all other words and expressions used herein but not defined and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. ________________________ 1......
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Chapter III
Title: Transaction of Business by the Municipal Council
State: Karnataka
Year: 1964
.....meeting that a resolution has been carried or lost, and an entry to that effect in the minutes of the proceedings shall, for the purposes of this Act, be conclusive evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against such resolution. (4) If voting as aforesaid is demanded, the votes of all the memberspresent who desire to vote shall be taken under the direction of the presiding officer at the meeting and the result of the voting shall be deemed to be the resolution of the municipal council at such meeting. Section 53 - Business to be transacted at meetings and order of business how to be settled (1) Save as provided in the proviso to sub-section (2) of section 59, no business shall be transacted and no proposition shall be discussed at any general meeting unless it has been mentioned in the notice convening such meeting, or in the case of a special general meeting in the written request for such meeting. (2) The order in which any business or proposition shall be broughtforward at such meeting, shall be determined by the presiding authority, who in case it is proposed by any member to give priority to any.....
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 71
Title: Joint Committees of Local Bodies and Joint Levy of Toll
State: Karnataka
Year: 1964
.....requiring the concurrence of such other local authority, not being a cantonment authority, in the matter aforesaid; and such other local authority shall comply with such orders. (3) If any difference of opinion arises between bodies having joined or entered into an agreement for any purpose under this section, the decision thereupon of the Government or of such officer as it appoints in this behalf shall be final: Provided that if one of the bodies concerned is a cantonment authority any such decision shall be subject to the concurrence of the Central Government. _______________________________ 1. Substituted by Act 21 of 1979 w.e.f. 31.3.1979. 2. Substituted by Act 36 of 1994 w.e.f. 1.6.1994.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 62
Title: Interpellation
State: Karnataka
Year: 1964
.....on matter which is under adjudication by a court of law. (3) The presiding authority shall disallow any question which is, in hisopinion, in contravention of the provisions of sub-section (2). (4) If any doubt arises whether any question is or is not in contraventionof the provisions of sub-section (2), the presiding authority shall decide the point and his decision shall be final. (5) The Municipal Commissioner or the Chief Officer shall not be boundto answer a question if it asks for information which has been communicated to him in confidence or if in the opinion of the presiding authority it cannot be answered without prejudice to public interest or the interest of the municipal council. (6) Unless otherwise directed by the presiding authority or the presidingofficer of the meeting, every question shall be answered by the Municipal Commissioner or the Chief Officer at a meeting of the municipal council. (7) Written answer to admitted questions shall as far as possible be givento the councillors one hour before the meeting. (8) Questions not answered at any meeting for want of time or otherwiseshall lapse.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 58
Title: Motions and Amendments
State: Karnataka
Year: 1964
(1) Every motion or any amendment thereof shall be received in writing and then duly moved. Every motion shall be seconded, and until seconded no debate thereon shall take place nor shall it be put to vote. No amendment which merely negatives an original motion shall be allowed. (2) Any motion or amendment may be withdrawn by its proposer with theconsent of the municipal council. (3) An amendment to an amendment may be moved at any stage of thedebate. (4) On the conclusion of the debate, in the event of there being severalamendments to an amendment, the presiding authority shall put the last amendment to vote first and after it is disposed of the next preceding amendment shall be put to vote and so on until all the amendments are disposed of. The original motion or the amended motion, as the case may be, shall then be put to vote. (5) When any motion or amendment involves many points the presidingauthority may divide it and put each point to vote separately. (6) When a motion or amendment has been put to vote and declared bythe presiding authority as carried, no further proposals for amending the motion or amendment shall be entertained.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 51
Title: Presiding Officer
State: Karnataka
Year: 1964
(1) The president or in his absence, the vice-president shall preside at every meeting of the municipal council. (2) In the absence of both the president and the vice-president from themeeting, the members present shall elect one from among themselves to preside. (3) The president or the person presiding over a meeting shall have andexercise a second or casting vote in all cases of equality of votes. 1[(4) Notwithstanding anything contained in the foregoing sub-sections, at any meeting of the municipal council, while any resolution expressing want of confidence in the President is under consideration, the President, or while any resolution expressing want of confidence in the Vice-President is under consideration, the Vice-president, shall not, though he is present, preside, but shall have the right to speak and otherwise to take part in the proceedings of the municipal council while any such resolution is under consideration. The provisions of sub-section (2) shall mutatis mutandis apply for such meeting.] _______________________________ 1. Inserted by Act 33 of 1984 w.e.f. 26.6.1984.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 49
Title: Place of Holding Meetings and Maintenance of Order Thereat
State: Karnataka
Year: 1964
.....so directed to withdraw shall do so forthwith and shall absent himself during the remainder of the meeting. (4) Subject to sub-section (5), every meeting shall be open to the public, unless a majority of the members present at the meeting decide that any inquiry or deliberation pending before the municipal council should be held in private. (5) The Government may make rules under clause (a) of sub-section (2) of section 323 for the purpose of admission of the members of the public to meetings of municipal councils and for the removal by force, if necessary, of any member of the public so admitted if he is found interrupting or disturbing the proceedings of the meeting. (6) Notwithstanding anything contained in section 56, in the case of gravedisorder arising in a meeting, the president or the person presiding may, if he thinks it necessary to do so, adjourn the meeting to a date specified by him.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 47A
Title: Omitted
State: Karnataka
Year: 1964
1 [47A. x x x] _______________________________ 1. Omitted by Act 36 of 1994 w.e.f. 1.6.1994.
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Section 43
Title: Functions of President
State: Karnataka
Year: 1964
.....cause, at all meetings of the municipal council and subject to the provisions of the rules for the time being in force under clause (a) of sub-section (2) of section 323, to regulate the conduct of business at such meetings; (b) watch over the financial and executive administration of the municipal council; (c) perform all the duties and exercise all the powers specifically imposed or conferred upon him by, or delegated to him under and in accordance with this Act; (d) furnish within a period of a fortnight to the Commissioner or to such other officer as the Commissioner shall from time to time nominate in this behalf, a copy of every resolution passed at any meeting of the municipal council; and (e) furnish any extract from the minutes of the proceedings of the municipal council or of any committee or other document or thing which the Commissioner or other officer calls for under section 304. 1 [(2) The President of a municipal council may, in cases of emergency direct the execution or stoppage of any work or the doing of any act which requires the sanction of the municipal council, and the immediate execution or doing of which is, in his opinion, necessary for.....
View Complete Act List Judgments citing this sectionKarnataka Municipalities Act, 1964 Chapter IV
Title: Municipal Property and Fund
State: Karnataka
Year: 1964
.....fees received under section 137, and the municipal council shall apply any sums so credited exclusively for the purposes specified in the said section. Section 84 - Application of Municipal Fund and property (1) Subject to the provisions of this Act and such rules as may be prescribed, the municipal fund and all property held by or vested in the municipal council under this Act, shall be applied, for the purposes specified in sections 87, 88 and 91 and for all other purposes for which by or under this Act, or any other law for the time being in force, powers are conferred or duties imposed upon the municipal council, and with the previous sanction of the Commissioner or the Government, for any other purposes for which the application of such property or fund is in public interest. (2) Notwithstanding anything contained in sub-section (1) any officer dulyauthorised by it in this behalf, - (a) incur expenditure beyond the said limits, -- (i) in the acquisition of land, or (ii) in the construction, maintenance, repair or purchase of works for the purpose of obtaining supply of water required for the inhabitants of the 1 [municipal area], or of providing the supply.....
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