"January, 2005" Archive

Extension of last date for abolition of ECOM password based system

Policy Circular No. 17/2004-2009 (31/01/2005)

ECOM password based system was come to an end on 31.01.2005. It has been decided to abolish the ECOM password based system on 31.03.2005.This issues with the approval of DGFT....

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Public Notice No. 51/2004-09, Dated: 31.01.2005

Public Notice No. 51/2004-09 (31/01/2005)

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following additions in Handbook of Procedures....

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Amends Notification No.36/2001-Custom Duty (N.T.), Dated: 03.08.2001

Notification No. 11/2005-Customs (N.T.) (31/01/2005)

In exercise of the powers conferred by sub-section (2) of Section 14 of the Customs Act, 1962, (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.36/2001-Cus ...

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Notification No.19/2005 – Income Tax Dated 31/1/2005

Notification No.19/2005 - Income Tax (31/01/2005)

Notification No.19/2005 - Income Tax In exercise of powers conferred by the sub-clause (iv ) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Jawaharlal Nehru Memorial Fund, New Delhi" for the purpose of the said sub-clause for the assessment years 2005-2006 to 2007-2008 ...

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Notification No.18/2005 – Income Tax Dated 31/1/2005

Notification No.18/2005 - Income Tax (31/01/2005)

Notification No.18/2005 - Income Tax It is hereby notified for general information that the organization mentioned below has been approved by the Central Government for the period mentioned below, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income tax Act, 1961, read with Rule 6 of the Income Tax Rules, 1962 un...

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Notification No. 20/2005-Income Tax, dated: 31.01.2005

Notification No. 20/2005-Income Tax (31/01/2005)

In exercise of powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Netaji Research Bureau, Kolkata for the purpose of the said sub-clause for the assessment year 2004-2005 to 2006-2007 subject to the following conditions...

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Levy and collection of 2% Education Cess on imports under various Export Promotion Schemes

Circular No. 5/2005-Customs Duty (31/01/2005)

The undersigned is directed to invite your attention to the above mentioned subject and to say that a doubt has been raised as to whether 2% Education Cess is to be levied on the imports cleared under Advance Licence, DFRC, EPCG and DEPB Schemes...

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Circular No. 04/2005-Customs Duty, Dated: 31.01.2005

Circular No. 04/2005-Customs Duty (31/01/2005)

I am directed to refer the Circular No.122/95-Cus dated 28.11.95, on the subject of issue of Show Cause Notice to EOUs/EPZ in cases involving scope of notification etc....

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Section 54 benefit on Assets Purchased in foreign country or leased for 150 Years

Mrs. Prema P. Shah Vs ITO (ITAT Mumbai)

The assessee filed the return showing the taxable income of Rs. 33,570 on December 31, 1993. During the previous year relevant to the assessment year 1993-94, the assessee sold residential property for Rs. 60. lakhs. It was jointly owned by the assessee and Mrs. Prema P. Shah. It was purchased for Rs. 14.00 lakhs on March 29, 1983, and so...

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Notification No. 20 (RE-2004)/2004-2009, Dated: 28.01.2005

Notification No. 20 (RE-2004)/2004-2009 (28/01/2004)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 2.1 and 2.29 of the Foreign Trade Policy, 2004-2009 as amended from time to time, the Central Government hereby makes the following amendments in the Schedule 2 of ITC(HS) Classification of Export and...

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