It has also been decided that settlement of trades in the depository would be compulsory from January 15, 1998 for the institutional investors, viz., domestic financial institutions, banks, mutual funds and foreign institutional investors having a minimum portfolio of securities of Rs.10 crores as on the latest balance sheet date.
Circular No. 368/1/98-CX Attention is invited to Board”s Circular No. 315/31/97-CX dt. 23.5.97 regarding classification of Ready Mix Concrete. It has been brought to the notice of the Board that in some cases concrete mix manufactured at the site of construction is being denied exemption under S.No. 51 of Notification No. 4/97 dt. 1.3.97.
The Board is receiving a number of requests from the trade from time to time for allowing loading/ unloading of additional items at various customs airports or for creation of more Airports, Air Cargo Complexes (ACC) or Foreign Post Offices (FPC) in the country. One of the factors relevant to take a decision on the subject is the availability of staff to meet the increased load. It is, however,
Notification No. S.O. 12(E)-Income Tax In exercise of the powers conferred by clause (6C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby declares that any income arising to the Rolls Royce Military Aero Engines Limited, a foreign company having its office at Moor Lane, Derby, DE24 8BJ, England, by way of fees for technical services received in pursuance of the agreement dated 27th March, 1996
Notification No. S.O. 11(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following assets, as the long term specified assets, for the purpose of the said section,
Notification No. S.O. 10(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following shares and debentures as specified securities for the purpose of the said section
Notification No. S.O. 9(E)-Income Tax Shares to be issued by Tata Petrodyne Limited, a public company registered under the Indian Companies Act, 1956, and having its registered office at Jeevan Bharti, Tower No. 1, 10th Floor, 124, Connaught Circus, New Delhi-110 001, within one year from the date of the publication of this notification, of an amount not exceeding Rs. 69 crores which are not transferable before three years
Notification No. S.O. 8(E)-Income Tax Shares to be issued by Tata Petrodyne Limited, a public company registered under the Indian Companies Act, 1956, and having its registered office at Jeevan Bharti, Tower No. 1, 10th Floor, 124, Connaught Circus, New Delhi-110 001, within one year from the date of publication of this notification, of an amount not exceeding Rs. 70 crores which are not transferable before seven years after its allotment.
Notification No. S.O. 5(E)-Income Tax In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following shares and debentures as the specified securities for the purpose of the said section
