business income. It falls under Part “D” of Chapter IV of the Income-tax Act‚ 1961. This part consists of various sections from section 28-44DB. As per section 29 the income referred to in section 28 shall be computed in accordance with the provisions ofsections 30 to 43D. Therefore‚ provisions of section 33AB falls within the scope of computation of income from business and profession and is not under Chapter VI A of the Act which relates to allowing deduction from gross total income of assessee
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Industrial Disputes Act‚ 1947 Industrial Disputes Act‚ 1947 Preamble: “ To make provisions for investigations and settlement of industrial disputes”. Objects as analysed by the Supreme Court: a. Promotion of measures for securing amity and good relations between employer and employee b. Investigation and settlement of disputes between employers and employers‚ employers and employees and employees and employees c. Prevention of illegal strikes and lock-outs d. Relief to workmen in matters
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theory of justice in which children are subjects in their right‚ not appendages to their parents. Discuss the Sheppard-Towner Act The Sheppard-Towner Act was a 1921 US The act of Congress that gave federal funding for maternity and child care. The law also called the Maternity Act‚ which intention was to decrease maternal and infant mortality. The Sheppard-Towner Act has many subsidized projects‚ for example‚ health clinics for women and children. Explain the emergence of the federal government
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The Sarbanes–Oxley Act known as the ’Public Company Accounting Reform and Investor Protection Act ‚Corporate and Auditing Accountability and Responsibility Act and commonly called Sarbanes–Oxley‚ Sarbox or SOX‚ is a United States federal law which set new or enhanced standards for all U.S. public company boards‚ management and public accounting firms. It is named after sponsors U.S. Senator Paul Sarbanes and U.S. Representative Michael G. Oxley. The bill was enacted as a reaction to a number
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Disadvantages to the Patriot act (USAPA); There are six flaws to the act that was passed into law on October 26th‚ 2001: It takes away civil rights‚ by doing so it destroys the definition of what it means to be an American Citizen [ (talkradio101‚ 2010) ]. The feeling is that by destroying our way of life is the best way to reward or give victory to the terrorist [ (topix‚ 2012) ]. Secondly‚ Constitutional protections are violated‚ the U.S. Constitution is the most lasting‚ well-written document
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The Agricultural Adjustment Act During World War I‚ England’s agricultural economy was badly damaged. This inconvenience for the English was a blessing to American farmers. Since the invention of the combine‚ and various other mechanical harvesting machines‚ American farmers could increase their crop yield. In turn they could export the extra crops to England for more money. Once England got back on it’s feet‚ American farmers could not find any exports for their crops. As they continued to produce
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most important features of a company as per company act 1956 (India) Salient Features of Companies Act‚ 1956 | A company means an association of people to carry on an economic or non-economic activity. A partnership is different from a company as a company is a person in the eyes of law which can sue or be sued; can enter into contracts in its own name etc. It has a distinct personality of its own different from its members. The Companies Act‚ 1956 is the law that governs companies in India. It
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CONGRESS OF THE PHILIPPINES Third Regular Session H. No. 3043 S. No. 1913 REPUBLIC ACT NO. 7941 AN ACT PROVIDING FOR THE ELECTIONS OF PARTY-LIST REPRESENTATIVES THROUGH THE PARTY-LIST SYSTEM‚ AND APPROPRIATING FUNDS THEREFOR Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: SECTION 1. Title. – This Act shall be known as the "PartyList System Act". SEC. 2. Declaration of Policy. – The State shall promote proportional representation in
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Criminal Acts in Sport; Getting Away With Murder Introduction The amount of crimes that occur in and around sports has been a growing topic of conversation over the last decade in our society. Sports participants and spectators alike have been committing crimes on far more frequent basis over the last few years and in the minds of some‚ this is an issue that is getting or has gotten out of hand. There is a question that is asked by many‚ "Where does part of the game become a crime?" as well
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CONSUMER PROTECTION ACT: OBJECTIVE The consumer protection act was enacted in the year 1986‚ in order to mainly protect the interests of the consumer. There was widespread consumer movement back then. Who is a consumer...? Any individual who buys goods‚ which has been paid or will be paid Hires or avails a service by paying or with credit Goods and services obtained for commercial purposes are not included. Rights of a consumer A consumer has the following rights Right to safety Right to be informed
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