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Archive: May, 1999

Posts in May, 1999

Circular No. 456/22/99-Central Excise, Dated: 18.05.1999

May 18, 1999 493 Views 0 comment Print

Circular No. 456/22/99-CX Representation have been received from the trade regarding difficulties faced in availing of benefit of exemption applicable of goods manufactured at the site of construction for use in construction work at such site vide Notification No. 5/98-CE dated 2.6.98 (S.No.182). It has been stated that the beams / girders or other fabrication work are not presently manufactured at the site due to traffic problems it could cause (especially in case of flyovers at busy road junctions).

SEBI : Amendment to the Listing Agreement of the Stock Exchanges.

May 18, 1999 460 Views 0 comment Print

The Accounting Standards Committee constituted by SEBI under the Chairmanship of Shri Y. H. Malegam has recommended that the Compliance Officer to be appointed in compliance with the aforesaid circular shall be the Company Secretary of the company.

SEBI : (Disclosure and Investor Protection) Guidelines

May 18, 1999 490 Views 0 comment Print

The issues raised in these representations have become all the more significant in view of the requirement for greenfield software closely held companies to raise money from the public.

Notification No. 10926/1999 – Income Tax Dated 14/5/1999

May 14, 1999 235 Views 0 comment Print

Notification No.10926 – Income Tax In exercise of the powers conferred in clause (23G) of section 10 of the Income-tax Act, 1961, the Central Government hereby makes the following corrections to the Notification No. 10826 dated 15th March, 1999 [published at (1999) 152 CTR (St) 220] as subsequently corrected by Corrigendum No. 10881 dated 29th April, 1999 [published at (1999) 153 CTR (St) 26]

Notification No. 7 (RE-99) 1997-2002, Dated: 13.05.1999

May 13, 1999 271 Views 0 comment Print

For the purpose of verification of the grade of the imported silk, the Custom authorities shall accept the Certificate issued by any of the internationally recognised agencies to be notified in this regard. Where there is no such certificate the Custom authorities shall draw samples from the import consignment as per procedure prescribed by Central Silk Board and testing will be carried out by Central Silk Board as per procedure laid down by International Silk Association.

Facility for permitting imports under DEPB Scheme at various Ports/Airports/ICDs through TRA Procedure – reg.

May 13, 1999 193 Views 0 comment Print

Representations from Trade Associations and references from the field offices have been received n the Board to extent various facilities under DEPB Scheme to additional Customs Stations

Notification No. S.O.331(E) – Income Tax Dated 13/5/1999

May 13, 1999 279 Views 0 comment Print

Notification No.S. O. 331(E) – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax, 1961 (43 of 1961), the Central Government specifies

Notification No. S.O.1376 – Income Tax Dated 13/5/1999

May 13, 1999 282 Views 0 comment Print

Notification No.S. O. 1376 – Income Tax In exercise of the powers conferred in clause (23G) of section 10 of the Income-tax Act, 1961, the Central Government hereby makes the following corrections to the Notification No. 10826, dated 15-3-1999 as subsequently corrected by corrigendum No. 10881, dated 29th April, 1999

Notification No. S.O.328(E) – Income Tax Dated 12/5/1999

May 12, 1999 291 Views 0 comment Print

Notification No.S. O. 328(E) – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes No. S.O. 939(E), dated 29th October, 1998, published at page 2 of the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii), dated 29th October, 1998, at page 2, in line 9, for “(Twenty-fifth Amendment)”, read “(Twenty-fourth Amendment)

Notification No. 10923/1999 – Income Tax Dated 12/5/1999

May 12, 1999 205 Views 0 comment Print

Notification No.10923 – Income Tax In the notification of the Government of India, in the Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes) number S.O. 939(E), dated the 29th October, 1999 published at (1999) 150 CTR (St) 4] published at page 2 in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) dated the 29th October, 1999, at page 2, in line 9, for “(Twenty-fifth

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