In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance.
G.S.R. (E).- In exercise of the powers conferred bysubsection (1) of section 5Aof the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following furtheamendments in the notification of the Government of India,
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with subsection(3) of section 85 of Finance Act, 2005 (18 of 2005), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.-Central 6/2005Excise, dated the 1st March, 2005, published in the Gazette of India, Extraordinary, vide number G.S.R. (E), 126dated the 1st March, 2005, namely:-
The principal notification No. 3/2005-Central Excise, dated the 24th February, 2005, published in the Gazette of India, Extraordinary, vide number G.S.R. 95(E), dated the 24th February, 2005 was last amended vide notification 58/2008-Cno.entral Excise, dated the 7thDecember, 2008, published vide number G.S.R. 840(E), dated the 7th December, 2008.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance.
In exercise of the powers conferred by-subsection (1) of section 5A ofthe Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance.
The principal notification number 8/2003-Central Excise, dated the 1st March, 2003 published vide number G.S.R. 138(E), dated the 1st March, 2003 was last amended vide notification number. 9/2009-Central Excise, dated the th7July, 2009, published vide number
If manufactured by,- Mumbai (i) India Government Mint, (ii) India Government Mint, Kolkata; Hyderabad (iii) India Government Mint, (iv) India Government Mint, Noida.
The question whether courts have the power to condone delay in filing of appeals under section 260A of the Income-tax Act arose because of careless drafting. While all other provisions of the Act provide that the authority therein can condone a delay in filing an application/appeal, the draftsman forgot to add a similar provision in s. 260A. This bit of careless drafting lead to a spate of litigation.
Section 44 read with the First Schedule to the Income-tax Act provides the scheme of computation of income of insurance companies. According to Rule 5 of the said Schedule, the income of non-life insurance business is taken as ‘profit before tax and appropriations’ as per the profit and loss account of the company, prepared in accordance with the regulations made by the Insurance Regulatory Development Authority (IRDA), subject to certain adjustments.
