Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise (No.2) Rules, 2001, the Central Board of Excise and Customs hereby makes the following amendment in the Notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 42/2001-Central Excise (NT), dated the 26th June, 2001
AMFI may consider including the brochure as apart of study material for their training programmes for investors and for their certification programme conducted for agents and distributors.
Notification No. 5-Income Tax Notes: The notified institution is advised to apply in triplicate and well in advance for renewal of the approval, to the Central Government through Commissioner of Income-tax/Director of Income-tax (Exemptions) having jurisdiction. Three copies of application for renewal of approval shall also be sent directly to the Secretary, Department of Scientific and Industrial Research.
Rate of exchange applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act, and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
For the purposes of this section, “Remuneration Committee” means that a committee which consists of at least three non-executive independent directors including nominee director or nominee directors,
However, representations have been received from the field formations that in case of frauds and cases involving suppression of facts, such verification take much longer time for the investigation to be completed