Bare Act Search Results

Voluntary Deposits (Immunities and Exemptions) Act, 1991 [Repealed] Preamble 1

Title: Voluntary Deposits (Immunities and Exemptions) Act, 1991

State: Central

Year: 1991

THE VOLUNTARY DEPOSITS (IMMUNITIES AND EXEMPTIONS) ACT, 1991 [Act, No. 47 of 1991] PREAMBLE An Act to provide for certain immunities to persons making voluntary deposits with the National Housing Bank and for certain exemptions from direct taxes in relation to such deposits and for matters connected therewith or incidental thereto. Whereas for effective economic and social planning it is necessary to canalise for certain social objectives black money which has become a serious threat to the national economy. And whereas with a view to such canalisation, the Central Government has decided to allow voluntary deposits being made with the National Housing Bank in accordance with a scheme to be formulated by that Bank whereunder forty per cent of the amount of such deposits will be credited to a special fund to be created for financing slum clearance and low cost housing for the poor and sixty per cent of the amount of such deposits can be utilised by the depositors for purposes specified by them. AND whereas it is expedient to provide for certain immunities and exemptions to render it possible for persons in possession of black money to make such deposits. Be it.....

Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 Preamble 1

Title: Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961

State: Central

Year: 1961

THE VOLUNTARY SURRENDER OF SALARIES (EXEMPTION FROM TAXATION) ACT, 1961 [Act, No. 46 of 1961] [6th December, 1961] PREAMBLE An Act to provide for exempting from, taxes on income a portion of the salary or allowances payable to any person who has in the public interest volunteered to forego it. BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows :

Voluntary Disclosure of Income and Wealth Act, 1976 Complete Act

State: Central

Year: 1976

.....facts necessary for his assessment or otherwise, then, notwithstanding anything contained in the Indian Income -tax Act, 1922or the Income-tax Act or in any Finance Act, income-tax shall be charged in respect of the income so declared (such income being hereinafter referred to as the voluntarily disclosed income) at the rate or rates specified in the Schedule. (2) Nothing contained in sub-section (1) shall apply in relation to- (i) the income assessable for any assessment year for which a notice under section 139-or section 148 of the Income-tax Act "has been served upon such person and the return has not been furnished before the commencement of this Act; (ii) where any books of account, other documents money, bullion, jewellery or other valuable articles or things belonging to the person making the declaration under sub -section (1) (hereafter in this section, in sections 4-to13-and in the Schedule referred to as the declarant) have been seized as a re- suit of any search under section 132 of the Income -tax Act-or under S. 37A of the Wealth -tax Act-, the income in respect of the previous year in which such search was made or any earlier previous year. (3) In addition to.....

Voluntary Deposits (Immunities and Exemptions) Act, 1991 Complete Act

State: Central

Year: 1991

.....(b) no inquiry or investigation shall be commenced against any person under any such law on the ground that he has made the deposit; (c) the fact that a person has made the deposit shall not be taken into account and shall be inadmissible as evidence in any proceedings relating to any offence or the imposition of any penalty under any such law. (2) Nothing in sub-section (1) shall apply in relation to prosecution for any offence punishable under Chapter IX-or Chapter XVII of the Indian Penal Code (45 of 1860)-,the Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985)-,the Terrorist and Disruptive Activities (Prevention) Act, 1987 (28 of 1987), the Prevention of Corruption Act, 1988 (49 of 1988) or for the purpose of enforcement of any civil liability. SECTION 04: DEPOSIT NOT TO BE TAKEN INTO ACCOUNT IN CERTAIN CASES Without prejudice to the generality of the provisions of Section 3-,- (a) the deposit shall not be taken into account for the purpose of any proceeding under the Income-tax Act, 1961 (43 of 1961)-and, in particular, the depositor shall not be entitled to claim any set-off or relief in any assessment, re-assessment, appeal, reference or other.....

Voluntary Surrender of Salaries (Exemption from Taxation) Rules, 1962 Complete Act

State: Central

Year: 1962

.....disbursing authority shall, before the 31st day of March in each year, deliver or cause to be delivered to the Income-tax Officer referred to in sub-rule (2) of rule 32 of the Income-tax Rules, 1962, a return for the year ending on that date in Form II, verified in the manner provided therein. FORM: FORM OF DECLARATION FOR SURRENDERING PART OF SALARY OF ALLOWANCES I hereby declare that I have, in the public interest, voluntarily surrendered in favour of the Central Government the following amount out of the salary and allowances due to me for the month of........in the year.............. or for each of the months beginning with the month of......in the year.....and ending with the month of..............in the year. Rs. P. Amount surrendered- (i) Out of salary ... (ii) Out of allowances ... The amounts surrendered by me out of the salary or allowances mentioned above should be paid to the credit of the Central Government *Delete the inapplicable words within seven days of their becoming due to me. Date............. Place............ Signature of the employee N.B.-A separate declaration in the above form shall be made by the employee for each financial year beginning on the 1st day.....

Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 Complete Act

State: Central

Year: 1961

.....days, which may be comprised in one session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule. SECTION 05: REPEAL (1) The Voluntary Surrender of Salaries (Exemption from Taxation) Act 1950, is hereby repealed, (2) Notwithstanding such repeal any declaration made under the said Act shall be deemed to be a declaration made for the purposes of this Act. Central Bare Acts

The Madras Irrigation (Voluntary Cess) Act, 1942 Complete Act

State: Kerala

Year: 1942

.....of determining and administering cess The cess shall be determined and administered in such manner as may be prescribed by rules made under this Act. Section 5 - Payment and recovery of the cess The cess shall, on demand, be payable by the registered holder or any of the joint registered holders, as the case may be, and if not paid, may be recovered from such holder or any of such holders as if it were an arrear of land revenue. Section 6 - Cancellation of the cess The Provincial Government may at any time cancel the levy of the cess or reduce the rate at which it is being levied, and shall do so, whenever the registered holders of not less than two-thirds of the lands served by such work so desire. In the latter case, the cancellation or reduction shall take effect on such date as the State Government may direct, not being later than the commencement of the revenue year next succeeding. Section 7 - District Collector to determine certain questions If any question arises as to whether any land is or is not served by an irrigation or drainage work it shall be referred to the District Collector whose decision shall be final. Section 8 - Savings Nothing in this.....

Madras Irrigation (Voluntary Cess) Act, 1942 (13 of 1942) Complete Act

State: Tamil Nadu

Year: 1942

.....of determining and administering cess The cess shall be determined and administered in such manner as may be prescribed by rules made under this Act. SECTION 5: Payment and recovery of the cess The cess shall, on demand, be payable by the registered holder or any of the joint registered holders, as the case may be, and if not paid, may be recovered from such holder or any of such holders as if it were an arrear of land revenue. SECTION 6: Cancellation of the cess The Provincial Government may at any time cancel the levy of the cess or reduce the rate at which it is being levied, and shall do so, whenever the registered holders of not less than two-thirds of the lands served by such work so desire. In the latter case, the cancellation Substituted by the Adaptation Order of 1950. or reduction shall take effect on such date as the State Government may direct, not being later than the commencement of the revenue year next succeeding. SECTION 7: District Collector to determine certain questions If any question arises as to whether any land is or is not served by an irrigation or drainage work it shall be referred to the District Collector whose decision shall be final. .....

Voluntary Deposits (Immunities and Exemptions) Act, 1991 [Repealed] Repealing Act 1

Title: Direct-tax Laws (Miscellaneous) Repeal Act, 2000

State: Central

Year: 1991

.....Act, 2000. 2. Repeal of certain enactments The enactments specified in the Schedule are hereby repealed. 3. Savings (1) The repeal by this Act of any enactment shall not-- (a) affect any other enactment in which the repealed enactment has been applied, incorporated or referred to; (b) affect the validity, invalidity effect or consequences of anything already done or suffered, or any right, title, in immunity, obligation or liability already acquired, accrued or incurred, or any remedy or proceeding in respect thereof, or any release or discharge of or from any debt, penalty, obligation, liability, claim or demand, or any indemnity already granted, or the proof of any past act or thing; (c) affect any principle or rule of law, or established jurisdiction, form or course of pleading, practice or procedure, or existing usage, custom, restriction, exemption, office or appointment, notwithstanding that the same respectively may have been in any manner affirmed or recognised or derived by, in or from any enactment hereby repealed; (d) revive or restore any jurisdiction, office, custom, liability, right, title, restriction, exemption, usage, practice, procedure or.....

Voluntary Deposits (Immunities and Exemptions) Act, 1991 [Repealed] Section 2

Title: Definitions

State: Central

Year: 1991

.....by notification in the Official Gazette, specify in this behalf; (b) "National Housing Bank" means the National Housing Bank established under section 3 of the National Housing Bank Act, 1987 (53 of 1987); (c) "net deposit" means sixty per cent of the amount of deposit made by any person with the National Housing Bank in accordance with the scheme; (d) "person" includes (i) an individual, (ii) a Hindu undivided family, (iii) a company, (iv) a firm, (v) an association of persons or a body of individuals, whether incorporated or not, and (vi) every artificial juridical person, not falling within any of the preceding sub-clauses, but does not include a local authority; (e) "scheme" means a scheme formulated by the National Housing Bank under the National Housing Bank Act, 1987 (53 of 1987) for the purpose of enabling-- (i) any person to make deposit with that Bank; (ii) such Bank to credit forty per cent of the amount of such deposit to a special fund created for financing slum clearance and low cost housing for the poor; and (Hi) the depositor to utilise the net deposit for any purpose specified by him; (f) all other words and expressions used in this.....