Bare Act Search Results

Wealth-tax Act, 1957 Section 18B

Title: Power to Reduce or Waive Penalty in Certain Cases

State: Central

Year: 1957

.....case where the excess of net wealth assessed over the netwealth returned is of such a nature as not to attract the provisions of clause(c) of sub-section (1)of section 18. Explanation2. -8 [*****](2) Notwithstanding anything containedin sub-section (1), if in a case falling under clause (c) of sub-section (1) of section18, the net wealth in respect of whichthe penalty is imposed or imposable for the relevant assessment year, or, wheresuch disclosure relates to more than one assessment year, the net wealth for anyone of the relevant assessment years, exceeds five hundred thousand rupees, noorder reducing or waiving the penalty under sub-section (1) shall be made by the 9 [Commissionerexcept with the previous approval of the Chief Commissioner, orDirector-General, as the case may be.] (3) Where an order has been made undersub-section (1)in favour of any person, whether such order relates to one or more assessmentyears, he shall not be entitled to any relief under this section in relation toany other assessment year at any time after the making of such order: 10 [Providedthat where an order has been made in favour of any person under sub-section (1) on or before the 24th.....

Income Tax Act, 1961 Section 273A

Title: Power to Reduce or Waive Penalty, Etc., in Certain Cases

State: Central

Year: 1961

.....has, in the case referred to in clause (b), co-operated in any enquiry relating to the assessment of his income and has either paid or made satisfactory arrangements for the payment of any tax or interest payable in consequence of an order passed under this Act, in respect of the relevant assessment year. Explanation : For the purposes of this sub-section, a person shall be deemed to have made full and true disclosure of his income or of the particulars relating thereto in any case where the excess of income assessed over the income returned is of such a nature as not to attract the provisions of clause (c) of sub-section (1) of section 271. (2) Notwithstanding anything contained in sub-section (1), (a) [Omitted by the Direct Tax Laws (Amendment) Act, 1989, with effect from 1st April, 1989] ; (b) if in a case falling under clause (c) of sub-section (1) of section 271, the amount of income in respect of which the penalty is imposed or imposable for the relevant assessment year, or, where such disclosure relates to more than one assessment year, the aggregate amount of such income for those years, exceeds a sum of five hundred thousand rupees, no order reducing or.....

West Bengal Municipal Act, 1993 Complete Act

State: West Bengal

Year: 1993

.....epidemic, endemic, or infectious disease which the State Government may, by notification, declare to be a dangerous disease for the purposes of this Act; 44. Clause (15A) ins, by W.B. Act 45 of 1994. (15A) "District Magistrate" means the District Magistrate referred to in sub-section (1) of S.20 of the Code of Criminal Procedure, 1973; 55. Clauses (15B) and (15C) ins. by W.B. Act 32 of 1997. (15B) "District Planning Committee" means the District Planning Committee constituted under sub-section (1) of S.3 of the West Bengal District Planning Committee Act, 1994, and includes the Siliguri Sub-Division Planning Committee; 55. Clauses (15B) and (15C) ins. by W.B. Act 32 of 1997. (15C) "Draft Development Plan" means the Draft Development Plan prepared under section 297; (16) "drain" includes a sewer, a house-drain, a drain of any other description, a tunnel, a culvert, a ditch, a channel and any other device for carrying of sullage, sewage, offensive matter, polluted water, rain-water or subsoil water; (17) "drug" means any substance used as medicine or in the composition or preparation of medicines, whether for internal or external use, but does not include a drug within the.....

Income Tax Act, 1961 Complete Act

State: Central

Year: 1961

INCOME TAX ACT, 1961 INCOME TAX ACT, 1961 43 of 1961 [AS AMENDED BY FINANCE ACT, 2003] An Act to consolidate and amend the law relating to income-tax and super-tax BE it enacted by Parliament in the Twelfth 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 Income-tax Act, 1961. (2) It extends to the whole of India. (3) Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962. Section 2 Definitions 1 Inserted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1) "advance tax" means the advance tax payable in accordance with the provisions of Chapter XVII-C;] 2 Renumbered as clause (1A) by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1A)] 3 For manner of computation of income which is partially agricultural and partially frombusiness, see rules 7, 7A, 7B and 8. For analysis, see Mashbra's Income-tax Rules."agricultural income" means - 4 Substituted by the Taxation Laws (Amendment) Act, 1970, w.r.e.f. 1-4-1962.[(a) any rent or revenue derived from land which is situated in India and is used for.....

United Nations (Privileges and Immunities) Act, 1947 Schedule I

Title: Schedule

State: Central

Year: 1947

.....search, requisition, confiscation, expropriation and any other form of interference, whether by executive, administrative, judicial or legislative action. SECTION 4. The archives of the United Nations, and in general all documents belonging to it or held it, shall be inviolable wherever located. SECTION 5. Without being restricted by financial controls, regulations or moratoria of any kind, (a) the United Nations shall be free to transfer its funds, gold or currency of any kind and operate accounts in any currency; (b) the United Nations shall be free to transfer its funds, gold or currency from one country to another or within any country and to convert any currency held by it into any other currency. SECTION 6. In exercising its rights under section 5 above, the United Nations shall pay due regard to any representations made by the Government of any Member in so far as it is considered that effect can be given to such representations without detriment to the interests of the United Nations. SECTION 7. The United Nations, its assets, income and other property shall be: (a) exempt from all direct taxes; it is understood, however, that the United Nations will not.....

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....

United Nations (Privileges and Immunities) Act, 1947 Complete Act

State: Central

Year: 1947

.....such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.] SECTION 04: POWER TO MAKE RULES [section -4 renumbered as a sub-section(1) in section-3 by the delegated legislation provisions (amendment) act, 1985, January 14, 1985, (4 of 1985)] Schedule-01 PART 01 JURIDICAL PERSONALITY ARTICLE 01 The United Nations shall possess juridical personality. It shall have the capacity: (a) to contract; (b)to acquire and dispose of immovable and movable property; (c) to institute legal proceedings. PART 02 PROPERTY, FUNDS AND ASSETS ARTICLE 2 .The United Nations, its property and assets wherever located and by whomsoever held, shall enjoy immunity from every form of legal process except in so far as in any particular case it has expressly waived its immunity. It is however, under- stood that no waiver of immunity shall extend to any measure of execution. 3 .The premises of the United Nations shall be inviolable. The property and assets of the United Nations, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation and any other form of interference, whether by executive,.....

The Guru Nanak Dev University, Amritsar Act, 1969 Complete Act

State: Punjab

Year: 1969

.....of Punjab in the Twentieth Year of Republic of India as follows :- Short title 1. This act may be called the** [Guru Nanak Dev] University Amritsar Act, 1969. Definitions 2. In this Act and in all Statutes, Ordinances and Regulations made hereunder uless the context otherwise requires: (a) "College" means an institution maintained by or admitted to the privileges of the University under this act. (b) "Principal" means the head of a college and includes, when there is no Principal, the person for the time being duly appointed to act as Principal and in the absence of the Principal or the acting Principal, a Vice-Principal duly appointed as such. (c) "Statutes", "Ordinances" and "Regulations" mean respectively the Statues, Ordinances and * For Statement of Objects and Reasons, see Punjab Government Gazette (Extraordinary), 1969, page 1114. ** Subs by the Guru Nanak University Amritsar (Amendment) Act, 1975, S.2 for "Guru Nanak". Regulations of the University made by or under this Act. (d) "Teachers" include Professors, Readers, Lecturers and other persons imparting instruction in the University or in any College. (e) "University" means the* [Guru Nanak Dev] University Amritsar, as.....

Wealth Tax Act, 1957 Complete Act

State: Central

Year: 1957

WEALTH TAX ACT, 1957 WEALTH TAX ACT, 1957 27 of 1957 An Act to provide for the levy of wealth-tax BE it enacted by Parliament in the Eighth Year of the Republic of India as follows:- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Wealth-tax Act, 1957. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 1st day of April, 1957. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires,- (a)2[***] 3[(b) "Appellate Tribunal" means the Appellate Tribunal constituted under section 252 of the Income-tax Act; (c) "assessee" means a person by whom wealth-tax or any other sum of money is payable under this Act, and includes- (i) every person in respect of whom any proceeding under this Act has been taken for the determination of wealth-tax payable by him or by any other person or the amount of refund due to him or such other person : (ii) every person who is deemed to be an assessee under this Act ; (iii) every person who is deemed to be an assessee in default under this Act; 4[(ca) "Assessing Officer " means the Deputy Commissioner of Income-tax or the Assistant Commissioner or the.....

Wealth-tax Act, 1957 Chapter IV

Title: Assessment

State: Central

Year: 1957

..... 1.Inserted by Act 46 of 1964, Section 15 w.e.f. 1-4-1965. 2.Substituted by Act 4 of 1988, Section 135 (i) w.e.f 1-4-1989. 3.Substituted by Act 41 of 1975, Section 88 w.e.f. 1-4-1976. 4.Inserted by Act 4 of 1988, Section 135(ii) w.e.f. 1-4-1989. Section 15B - Self-assessment 1[15B. Self-assessment (1) Where any tax is payable on the basis of any return furnished under section 14 or section 15 or in response to a notice under clause (i) of sub-section (4) of section 16 or under section 17, after taking into account the amount of tax, if any, already paid under any provision of this Act, the assessee shall be liable to pay such tax, together with interest payable under any provision of this Act for any delay in furnishing the return, before furnishing the return and me return shall be accompanied by proof of payment of such tax and interest. Explanation. -Where the amount paid by the assessee under this sub-section falls short of the aggregate of the tax and interest as aforesaid, the amount so paid shall first be adjusted towards the interest payable as aforesaid and the balance, if any, shall be adjusted towards the tax payable. (2) After the regular.....