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Archive: 10 March 1995

Posts in 10 March 1995

100% EOUs closure/failure to export – Demand of duty

March 10, 1995 886 Views 0 comment Print

A number of instances have come to the notice of the Board where 100% EOUs had imported capital goods, raw materials and other permissible items under Notification No. 13/81-Cus. dated 9/2/81 but have failed to export any goods or have closed down after exporting a few consignments. A question has been raised as to the stage at which the customs

Notification No. S.O.2524 – Income Tax dated 10/3/1995

March 10, 1995 270 Views 0 comment Print

Notification No.S.O.2524 – Income Tax In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the United News of India as a news agency set up in India solely for collection and distribution of news, for the purposes of the said clause for the assessment years 1994-95, 1995-96 and 1996-97

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