"February, 1993" Archive

Notification No. S.O.123(E) – Income Tax Dated 24/2/1993

Notification No.S.O.123(E) - Income Tax (24/02/1993)

Notification No.S.O.123(E) - Income Tax In exercise of the powers conferred by sections 35AC and 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely...

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Notification No. S.O.122(E) – Income Tax Dated 24/2/1993

Notification No.S.O.122(E) - Income Tax (24/02/1993)

Notification No.S.O.122(E) - Income Tax In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies BOB Mutual Fund set up by the Bank of Baroda, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition...

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SEBI : Dealing in odd lots shares

Ref. SMD-I/2378 (12/02/1993)

As you are aware, with the spate of issues of rights shares and fully and convertible debentures in the current financial year (i.e. 1992-93), the volume of odd lot shares and debentures has reportedly increased manifold, but the secondary market for them is not that active....

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CIT vs Tarachand Kalyanji (Bombay High Court)

Commissioner Of Income-Tax Vs Tarachand Kalyanji (Bombay High Court)

The question whether the charge was voluntary or involuntary will have to be decided with reference to the facts relating to the creation of such charge. If the charge is created voluntarily, it remains so, whether it is created before the amendment or after the amendment....

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