by Administrator | Feb 25, 2015 | Law Reviews, Taxation Laws
The Manipur (Sales of Motor Spirit and Lubricants) Taxation Act, 1962 was enforced on 13th December, 1962. Manipur before being conferred statehood in 1972 was a Union Territory; the act was enacted to be enforced on Union Territory Manipur. The act provides for...
by Administrator | Feb 20, 2015 | Law Reviews, Taxation Laws
The Hotel-Receipts Tax Act, 1980 was enacted on 9 December 1980 by Parliament in 35th Year of Republic of India which extends to whole of India. This was aimed at special taxes on gross receipts of hotels. Definitions like Assesse, Assessment, Assessment Year, Board,...
by Administrator | Feb 13, 2015 | Law Reviews, Taxation Laws
The Finance Commission (Miscellaneous Provisions) Act,1951 was enacted on 16.05.1951. It has been established under Article 280 of our Constitution. This Commission is setup primarily to initiate financial relationship between the Central Government and State...
by Administrator | Feb 11, 2015 | Law Reviews, Taxation Laws
The Gold Bonds (Immunities and Exemptions) Act,1993 mentioned Act was enacted by Parliament on 44th year of the Republic of India which came into force on the 31st January 1993. The subscribers of Gold Bonds are provided with certain immunities under the Act and also...
by Administrator | Jan 20, 2015 | Law Reviews, Taxation Laws
The National Tax Tribunal Act came into force on 21st December, 2005 by publication in the official gazette for the purpose of resolving disputes pertaining to direct taxes. The act empowered the National Tax Tribunal (herein after mentioned as NTT) to decide upon the...
by Administrator | Oct 22, 2014 | Law Reviews, Taxation Laws
The Bengal Finance (Sales Tax) (Delhi Validation of Appointments And Proceedings) Act, 1971 was enacted on June 23, 1971 in order to settle the sanctity of appointments of some of the officials as per the provisions of the Bengal Finance (Sales Tax) Act, 1941 that was...