"19 February 1996" Archive

Value Based Advance Licensing Scheme – Over valuation of import items in the application for Advance Licence

Circular No. 23/96- Custom Duty (19/02/1996)

Commissioner of Customs, Bombay has informed that in a number of cases the exporters while applying for Value Based Licences often state inflated unit prices in the application in order to obtain a licence for a higher CIF value so long as they are able to meet the ...

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Notification No. S.O.568-Income Tax Dated 19/2/1996

Notification No. S.O.568-Income Tax (19/02/1996)

Notification No. S.O.568-Income Tax It is notified for general information that the Housing and Urban Development Corporation Ltd., Hudco House, Lodhi Road, New Delhi-110 002, have been approved by the Central Government as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment ye...

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