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Start Free TrialFinance Act 2007 Section 37
Title: Amendment of Explanation to Chapter Xii-e
State: Central
Year: 2007
In Chapter XII-E of the Income-tax Act, after section 115T, in the Explanation, after clause (c), the following clauses shall be inserted, namely: -- '(d) "money market mutual fund" means a money market mutual fund as defined in sub-clause (p) of clause 2 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996; (e) "liquid fund" means a scheme or plan of a mutual fund which is classified by the Securities and Exchange Board of India as a liquid fund in accordance with the guidelines issued by it in this behalf under the Securities and Exchange Board of India Act, 1992(15 of 1992) or regulations made thereunder.'.
View Complete Act List Judgments citing this sectionFinance Act, 2007 Complete Act
State: Central
Year: 2007
.....in the Fifty-eighth 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 Act, 2007. (2) Save as otherwise provided in this Act, sections 2 to 93 shall be deemed to have come into force on the 1st day of April, 2007. 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, 2007, income-tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income-tax calculated under Chapter VIII-A of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the Income-tax Act) 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 rupees, then,-- (a) the net agricultural income shall be taken.....
List Judgments citing this sectionThe Assam Police Act, 2007 Complete Act
State: Assam
Year: 2007
.....Code of Criminal Procedure, 1973 (Central Act No.2 of 1974), and the Indian Penal Code 1860 {Central Act No. 45 of 1860), and Assam General Clauses Act, 1915 (Assam Act 2 of 1915). Section 3 - One Police Force of the State (1) There shall be one Police Force for the State; Members of the Police shall be liable for posting to any branch of the Force in the State, including any of its specialized wings. (2) The entire police establishment under the State Government shall, for the purpose of this Act, be deemed to be one Police Force and shall be formally enrolled and shall consist of such members of officers and men, and shall be constituted in such manner, as shall from time to time be ordered by the State Government. Section 4 - Constitution and composition of the Police Force Subject to the provisions of this Act,- (1) the Police Force shall consist of such numbers in various ranks and have such organization as the State Government may by general or special orders determine; (2) the direct recruitments to non-gazetted ranks in the Police Force shall be made through a state-level Police Recruitment Board by a transparent process, adopting well-codified and.....
List Judgments citing this sectionThe Mizoram Municipalities Act, 2007 Complete Act
State: Mizoram
Year: 2007
THE MIZORAM MUNICIPALITIES ACT, 2007 THE MIZORAM MUNICIPALITIES ACT, 2007 (Act No.6 of 2007) [Received the assent of the Governor of Mizoram on 16th April/2007] An Act to provide for the administration of town areas and to establish municipalities in towns, transitional areas and urban areas in Mizoram. Whereas it is expedient and necessary to provide for the administration of town areas viz., transitional areas and urban areas and to introduce municipalities in Mizoram for the purpose of bringing them in conformity with the purpose, substance and direction of the Constitution (Seventy-fourth) Amendment Act, 1992 in general, and in particular to endow the municipalities with functions and powers so as to enable them to function as vibrant Institution of Local Self Government with greater People's participation in managing their own affairs besides importing certainty, continuity and democratic content and dignity, aiming among other things at the realisation of economic and social justice; It is enacted by the Legislative Assembly of Mizoram in the Fifty-eighth Year of the Republic of India as follows: CHAPTER -I PRELIMINARY 1. Short title, extent.....
List Judgments citing this sectionThe Uttarakhand Police Act, 2007 Complete Act
State: Uttarakhand
Year: 2007
.....of policing, enforcement of rule of law, the concern for the security of the State and the people, good governance and human rights, this An Act be it enacted by the legislature of the State of Uttarakhand in the Fifty Eighth year of the Republic of India. CHAPTER I PRELIMINARY Short title, extent and commitment 1. (1) This Act may be called the Uttarakhand Police Act, 2007. (2) It extends to the whole of the State of Uttarakhand and to the Police force of the State deployed outside the State, except the Revenue Police Area. (3) It shall come into force on the date as the State, except the Revenue Police Area Definitions 2. In this Act, unless the context otherwise requires- (a) "Act" means the Uttarakhand Police Act, 2007; (b) "Cattle" means and includes cows, buffaloes, elephants, camels, horses, ases, mules, sheep, goats and swine; (c) "Chief Secretary" means the Chief Secretary to the State Government; (d) "District" means a Revenue territory, notified as a Revenue District under the U.P. Land Revenue Act, 1901 (As amended from time to time and as applicable to the State of Uttarakhand) (e) "District Magistrate" means the Chief Officer,.....
List Judgments citing this sectionFinance Act 2007 Chapter III
Title: Direct Taxes
State: Central
Year: 2007
.....the purposes of this clause, "commodity exchange" shall mean a "registered association" as defined in clause (jj) of section 2 of the Forward Contracts (Regulation) Act, 1952(74 of 1952);'; (g) in clause (23FB), with effect from the 1st day of April, 2008 -- (i) for the words "set up to raise funds for investment", the words "from investment" shall be substituted; (ii) in Explanation 1, for clause (c), the following clause shall be substituted, namely:-- '(c) "venture capital undertaking" means such domestic company whose shares are not listed in a recognised stock exchange in India and which is engaged in the-- (i) business of-- (A) nanotechnology; (B) information technology relating to hardware and software development; (C) seed research and development; (D) bio-technology; (E) research and development of new chemical entities in the pharmaceutical sector; (F) production of bio-fuels; (G) building and operating composite hotel-cum-convention centre with seating capacity of more than three thousand; or "(H) developing or operating and maintaining or developing, operating and maintaining any infrastructure facility as defined in the Explanation to.....
View Complete Act List Judgments citing this sectionThe Kerala State Higher Education Council Act, 2007 Complete Act
State: Kerala
Year: 2007
THE KERALA STATE HIGHER EDUCATION COUNCIL ACT, 2007 ACT 22 OF 2007 THE KERALA STATE HIGHER EDUCATION COUNCIL ACT, 2007 An Act to provide for the setting up of the Kerala State Higher Education Council. Preamble .- WHEREAS, it is expedient to establish a State Higher Education Council as a collective of the Government, Universities, academics, experts and people's representatives in order to forge a synergic relationship among them by occupying an operational space in between the Government and Universities and between Universities and apex level regulatory bodies, with the objects of (i) ensuring the autonomy and accountability of all institutions of higher education in the State, (ii) promoting academic excellence and social justice by providing academic input to the State Government for policy formulation and perspective planning, and (iii) guiding the growth of higher education in accordance with the socio-economic requirements of the State ; AND WHEREAS, it is necessary to achieve the above said objectives, to empower this Council to (i) review and co-ordinate the implementation of policies in all higher education institutions in the State including.....
List Judgments citing this sectionThe Tripura Police Act, 2007 Complete Act
State: Tripura
Year: 2007
THE TRIPURA POLICE ACT, 2007 THE TRIPURA POLICE ACT, 2007 AN ACT (i) to redefine the role, duties and responsibilities of the police service in the context of the emerging challenges of policing and security of the State, the imperatives of good governance, and respect for human rights, (ii) to make the police personnel professionally organized, service oriented, free from extraneous influences and accountable to law, and (iii) to empower the police to enable it to function as an impartial, efficient, effective, people friendly and responsive agency in order to enable it carry out the constitutional objectives of protection of civil, political, social and economic rights of the citizens as provided therein. Be it enacted by the Tripura Legislative Assembly in the Fifty-eight year of the Republic of India as follows: CHAPTER-I Preliminary 1 Short title extent and commencement : (1) This Act may be called the Tripura Police Act 2007. (2) It extends to the whole of the State of Tripura. (3) It shall come in force at once. 2. Definitions: 1. In this Act, unless the context otherwise requires:- (a) ˜Act' means the Tripura Police Act 2007. (b) Headquarters Company means.....
List Judgments citing this sectionThe Sashastra Seema Bal Act, 2007 Complete Act
State: Tamil Nadu
Year: 2007
.....all mutineers, armed rebels, armed rioters, pirates, terrorists and any person in arms against whom it is the duty of any person subject to this Act to take action; (j) "enrolled person" means an under-officer or other person enrolled under this Act; (k) "Force " means the Sashastra Seema Bal; (l) "Force Court" means a Court referred to in Section 76; (m) "Force custody" means the arrest or confinement of a member of the Force under Section 69; (n) "Inspector-General" means the Inspector-General of the Force appointed under Section 5; (o) "Judge Attorney-General", "Additional Judge Attorney-General", "Deputy Judge Attorney-General" and "Judge Attorney" mean respectively the Judge Attorney-General, an Additional Judge Attorney-General, a Deputy Judge Attorney-General and a Judge Attorney of the Force appointed under sub-section (2) of Section 95; (p) "member of the Force" means an officer, a subordinate officer, an under-officer or other enrolled person; (q) "notification" means a notification published in the Official Gazette; (r) "offence" means any act or omission punishable under this Act and includes a civil.....
List Judgments citing this sectionThe Sikkim Municipalities Act, 2007 Complete Act
State: Sikkim
Year: 2007
THE SIKKIM MUNICIPALITIES ACT, 2007 THE SIKKIM MUNICIPALITIES ACT, 2007 (Act No. 5 of 2007) AN ACT To provide for the municipal governance in the State of Sikkim in conformity with the provisions of the Constitution of India as amended by the Constitution (Seventy-fourth Amendment) Act, 1992, based on the principles of participation in, and decentralization, autonomy, and accountability of, urban self-government at various levels, to improve the quality of life of the urban dwellers of Sikkim, to introduce reforms in financial management and accounting systems, to enhance internal resource generation capacity, to improve the organizational design of Municipalities, to ensure professionalization of the municipal personnel, and to provide for matters connected therewith or incidental thereto. Be it enacted by the Legislature of Sikkim in the Fifty-eighth Year of the Republic of India as follows:- PART I PRELIMINARY Chapter I Short title, extend and commencement. 1 (1) This Act may be called the Sikkim Municipalities Act, 2007. (2) It extends to the whole of Sikkim except the cantonments. (3) It shall come into force on such date as the State.....
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