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Notification No. G. S. R. 354(E) – Income Tax In pursuance of clauses (a) and (d) of sub-section (1) of section 19 read with clause (a) of sub-section (1) of section 9 of the Foreign Exchange Regulation Act, 1973 (46 of 1973), the Reserve Bank is pleased to permit mutual funds as referred to in clause (23D) of section 10 of the Income-tax Act, 1961
Notification No.SO 193E – Income Tax In exercise of the powers under section 80I-A of the Income-tax Act, 1961, read with sub-rule (2) of rule 18C of the Income-tax Rules, 1962, the Central Government hereby makes the following scheme for industrial park for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002, namely
Circular No. 450/16/99-CX The Board has been perturbed with the increasing pendency of appeals including stay petitions with commissioners (Appeals). Since as per Board”s instructions issued in June, 1998 no coercive action for recovery of duty/penalty involved in the appeal is normally to be taken by field officers till the disposal of stay petitions by the Commissioners (Appeals), delay in disposal of such stay petitions comes in the way of recovery of Government”s legitimate duties.
It has therefore been decided to postpone the date for compulsory dematerialised trading in these scrips by institutional investors and OCBs to a date which would be announced after they complete the formalities.
Subject to the provisions of Regulation 3 (2A ) of SEBI Merchant Bankers (Amendment) Regulation, 1997, a merchant banker can carry on Portfolio Management activities
