Nnnbihar finance act 1981 pdf merger

Oct 26, 2015 upa ii introduced the right to fair compensation and transparency in land acquisition, rehabilitation and resettlement act 20 larr act 20 in lok sabha and passed by the lower house. The act is applicable to the whole india except for the state of jammu and kashmir. The act of 1993 does not envisage recovery of interest on the amount of entry tax levied. The indian contract act, 1872 book online at best prices in india on. This version of this act contains provisions that are prospective. Amendments consequential on change in rate of corporation tax. Aug 26, 2017 though consolidation of public sector banks is a must, the exercise of merger is not simple as it involves too many factors, said managing director and chief executive officer of union bank of. Minor or unsound person is incompetent to enter into a contract as per s. Sales of goods notified under section 85 of the act, subject to the restrictions in section 84 of the act.

While providing the details, government spokesperson said that ram singh, dro, palwal has been posted as dro, bhiwani against a vacant post whereas, lao urban estate, hisar, satish kumar yadav goes as dro gurgaon against a. To qualify the allocation, these mergers or demergers are required to full the requirements related to section 219aa and section 21b of the indian. Certain expenses to be met out of the compulsory savings fund 4. State of jharkhand supreme court posted on march 22, 2017 by editor 1 comment v. The bihar hindu religious trusts amendment act, 1956. Entire law on reopening of assessments pursuant to audit objections explained in the context of the corresponding provisions of the. Pdfdateien in einzelne seiten aufteilen, seiten loschen oder drehen, pdfdateien einfach zusammenfugen oder. The central government, through this act, gives effect to financial proposals at the beginning of every financial year the act applies to all the states and union territories of india unless specified otherwise. Finance act 1981 is up to date with all changes known to be in force on or before. An act to provide for the acquisition and transfer of the undertakings of certain banking companies in order to serve better the needs of development of the economy in conformity with national policy and objectives and for matters connected there with or incidental there to. There are changes that may be brought into force at a future date. Section 8 of the act of 1993 refers to recovery of tax and penalty alone.

Some amendments have not yet been incorporated this version was replaced on 24 january 2020 to make corrections to section 26n2bi and section 26w3a under section 251jii of the legislation act 2012. Download indian contract act 1872 best easy short notes file. The bihar premises requisition emporary provisions act, 1950. Act, 1975, which is not material for our present purpose, indicated that for the purposes of section 22, the annual value of any property should be deemed to be the sum for which the property might reasonably be expected to let from year to year. Jan 08, 2019 in the year 1990, president of india makes government accounting rules taking the advice of comptroller and auditor general. Apr, 2016 the indian contract act was passed and implemented to control various kinds of commercial and business contracts. The public finance act 2006 provides for an institutional and regulatory framework for the management of. Be it enacted by the parliament of the republic of namibia as follows. Kasture air 1968 sc 565 wherein it was held that a fact which was already. This section now contains 756 bare acts and rules in vogue in the state of bihar. It deals with general principles of the law of contract and special contract. These rules describes the general principles of government accounting for government departments. Finance act 1981 is up to date with all changes known to be in force on or before 09 april 2020. This is even as the government had already put in place an approval framewor.

Breaking 9 revenue and 4 land acquisition officers. Comparison between land acquisition bill of upa ii and nda. Provisions under mergers and acquisitions laws in india provision for tax allowances for mergers or demergers between two business identities is allocated under the indian income tax act. Privacy statement accessibility european legislation identifier pdf open data license. The merger of the two business and the amalgamation of the two companies in the manner aforesaid involved legal expenses and court expenses, amounting in all to rs. Public finance act 1989 no 44 as at 24 october 2019, public. This includes recent state legislations and amendments to rules and regulations issued under the state acts and notified in official gazette of the state government. As a follow up measure the subsequent ordinance was repealed to usher in the bihar conduct of examinations act, 1981 bihar act i of 1981 hereinafter referred to as the act which having received the assent of the governor on 21. Apr 26, 2017 penalty and for that purpose they may exercise all or any of the powers assigned to them under the bihar finance act, 1981. The bihar legislature removal of disqualifications act, 1950. Performance audit on 1 denotification of land by government. Law of contract 1872 nature, fundamental definitions. Bda act, 1976 bda act to promote and secure the development of the bangalore metropolitan area.

Nine district revenue officers dros and four land acquisition officers laos were transferred by haryana government, on thursday. The bihar control of the use and play of loudspeakers act, 1950. Further to that as regards public corporations, the finance act, no. There is no proposal for merger of public sector banks before the central government, parliament was informed on wednesday. Under the finance act, the following amendments have been enacted. Section sec 14 of the bda act, 1976 empowers the bda to acquire, hold, manage and dispose of movable and immovable property, to carry out building, engineering and other operations and to do all things necessary for the purpose of such development. The patna municipal extension of jurisdiction and taxation validating amendment act, 1956. Commissioner of incometax vs prabhabati bansali on 21. Oct 06, 2014 the banking companies acquisition and transfer of undertakings act, 1980 was enacted on july 11, 1980 and came into effect on april 15, 1980. Conductof electionsrules,1961 statutoryrulesandorder lform23 seerule84la foruseinbiennialelectionwhenseatiscontested declaration of the result of election. Preamble in exercise of the powers conferred by article 150 of the constitution, the president on the advice of the comptroller and auditor general, hereby makes the following basic rules relating to the form of accounts of the union and states. A 1981 batch ias officer, duggal was secretary in the ministry of corporate affairs mca before taking charge of the department of financial services. In exercise of the powers conferred by subsection 3 and 4 of section of the central sales tax act, 1956 act no.

Draft of the bihar special consolidation bill i whereas the bihar consolidation of holding and prevention of fragmentation act. Moneys in the compulsory savings fund to be loaned to the government 3. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Section 23 of the act, before its amendment with effect from 1st april, 1976, by the t. The bihar town planning and improvement trust amendment act, 1955. The legislation was framed for the purpose of acquiring and assigning the industries under the control of the banking sector considering the dimension, supply, coverage and management of such industries.

11 1457 1054 1002 188 337 1146 386 558 977 401 245 1342 180 894 1447 1432 882 779 1429 1418 734 1370 1102 1187 660 1239 389 293 922 15 1323 1136 1399 1310 633 140 72 1186 654 392 727 1421 1312 94 394 1419