it is observed that several applications from sub-brokers received through your Exchange are pending, inter-alia, for want of confirmation of execution of agreement, etc. A list of such pending applications is enclosed for your perusal.
Notification No.S.O.636(E) – Income Tax In exercise of the powers conferred by section 295 read with section 269UC 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
Notification No.S.O.635(E) – Income Tax In exercise of the powers conferred by sub-clause (b) of clause (v) of the sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the accounts mentioned below, with effect from the first day of April, 1995, as the accounts for the purpose of the said sub-clause
Circular No. 136/47/95-CX The Hon’ble Supreme Court in its judgement dated 3.5.1995 in case of U.O.I & Others etc. v. the Madras Rubber Factory Ltd. & Ors. etc. have decided the issues relating to valuation matters and a copy of the jubgement has already Customs” letter F.No. 275 / 25/ 95-CX. *A dated 25.5.1995.
With reference to our letter no.SMD-I(N)/JJ/2331/95 dated June 26, 1995, it has been decided that the requirement of submitting Cash Flow Statement by the companies along with the Annual Report is to be made effective for the accounts prepared by the companies from the financial year 1995-96.
I am directed to say that the Directorate General of Foreign Trade, Ministry of Commerce has brought to the notice this Ministry that some of the customs authorities particularly at Calcutta, Madras and Imphal are permitting import of Arecanut assuming it to be falling under the category of dry fruits
Circular No. 707-Income Tax References have been received by the Board in cases where non-residents are deputed to work in India and the taxes are borne by the employers. In certain cases, an employee to whom refunds are due has already left India and has no bank account here by the time the assessment orders are passed. A question has been raised whether in such cases, the refund can be issued to the employer as the tax has been borne by it
Notification No.S.O.614(E) – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the XI Series Issue 13.5% (taxable) Secured Redeemable Non-Convertible Bonds bearing distinctive numbers from 1 to 6700000 of Rs. 1000 each aggregating for an amount of Rs. 670 crores (rupees six hundred seventy
I am directed to say that the Board has examined the matter of sealing of containerised cargo with a view to determine the appropriate sealing mechanism which will ensure security of the cargo and the same time prevent the possibility of its tampering
I am directed to say that in the context of a reference from the Department of Economic Affairs the Board has examined the customs duty exemptions available to the United Nations and its agencies in terms of the United Nations (Privileges and Immunities) Act, 1947
