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t is requested to furnish us with information regarding the turnover and the delivery in value terms as well as percentage delivery for every settlement form April 1, 1995 till date.
Notification No.S.O.653(E) – Income Tax In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent. of the average rise in the Consumer Price Index for urban non-manual employees, hereby specifies the Cost Inflation Index as mentioned in column (3) of the Table below for the financial year
Notification No. 651(E)/1995 – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. S. O. 37(E), dated 14th January, 1994, namely
Notification No.S.O.650(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of Clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specified 10.5 per cent, tax-free Konkan Railway bonds of the second series bearing distinctive numbers
Notification No.S.O.649(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue) No. S. O. 38(E), dated 14th January, 1994, namely
The Board has reconsidered the matter and it has been decided that the powers of Appraisers to sanction drawback under section 75 of the Customs Act, 1962 in the Major Custom Houses in Bombay, Calcutta, Madras and Delhi shall be enhanced to Rupees One Lakh.
The Public Accounts Committee in their 91st Report on paragraph 1.22(i) relating to fraudulent drawback on Zinc Oxide have expressed unhappiness over delay in issuance of instruction for taking remedial/ corrective action. In that case two consignments declared to be Zinc Oxide were exported under claim for Drawback through Customs House, Delhi in 1989. No sample was drawn for
