"March, 1990" Archive

Circular No. 558-Income Tax dated 28-3-1990

Circular No. 558-Income Tax (28/03/1990)

Circular : No. 558-Income Tax According to the provisions of section 194C any person respon­sible for paying any sum of any resident for carrying out any work in pursuance of a contract between the contractor and the bodies specified therein shall, at the time of credit of such sum to the account of the contractor or payment thereof in c...

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Notification exempts specified goods imported for display or demonstration under an ATA Carnet

Notification No. 157/1990-Customs (28/03/1990)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods described in Schedule I annexed hereto, when imported into India for display or use at any event specified in Sch...

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This notification provides effective rates of duty on specified goods imported as baggage

Notification No. 137/1990-Customs (20/03/1990)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (2) of the Table annexed hereto, falling under Heading No. 98.03 of the First Schedule to the...

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This notification provides effective rates of duty on goods imported as baggage

Notification No. 136/1990-Customs (20/03/1990)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in suppression of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 58-Customs, dated the 1st March, 1983, the Central Government, being satisfied that it is necessary in the publ...

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Circular No. 557-Income Tax dated 19-3-1990

Circular No. 557-Income Tax (19/03/1990)

Circular : No. 557-Income Tax The Board have received a number of representations seeking clarifications in respect of various columns of Form No. 56 prescribed for grant of exemption under section 10(23C)(iv) and (v). The clarifications are as under...

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General Circular No. 3/8/89-CL.V, dated 05/03/1990

General Circular No. 3/8/89-CL.V (05/03/1990)

directed to refer to your letter no. PD/69/90 dated 19.2.90 on the subject mentioned above and to say that the cost auditor shall be deemed to have concluded his appointment as soon as he renders a report to the Central Government in accordance with the Cost Audit Report Rules. The specified number of companies for the purpose of section ...

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Clarification under Section 224 (1) of the Companies Act, 1956

General Circular No. 35/1/90-CL.III (02/03/1990)

directed to refer to your letter no. CLC/79/89 dated 8th January, 1990 on the subject mentioned above and to say that while giving a certificate in terms of provision to sub-section 224 of the Companies Act, 1956, the auditor or auditors will not take into account the actual appointments as auditors in the companies but also their propose...

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