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Archive: 2005

Posts in 2005

Notification No. 26 (RE-2004)/2004-2009, Dated: 22.02.2005

February 22, 2005 580 Views 0 comment Print

mport of textile and textile articles is permitted subject to the condition that they shall not contain any of the hazardous dyes whose handling, production, carriage or use is prohibited by the Government of India under the provisions of clause (d) of subsection (2) of section 6 of the Environment (Protection) Act, 1986 (29 of 1986) read with the relevant rule(s) framed there under.

Notification No. 25 (RE-2004)/2004-09, Dated: 22.02.2005

February 22, 2005 772 Views 0 comment Print

Clearance of waste oil/sludge derived from the normal course of a ship’s operation and covered by the MARPOL Protocol will be allowed without a license only to those persons who are registered with the Ministry of Environment and Forests or the Central Pollution Control Board, as the case may be, for re-processing waste. Such waste oil/ sludge will conform to the definition in schedule 3 of the Hazardous Waste (Management and Handling) Amendment Rules,2003.

Notification No. 26 (RE-2004)/2004-09, Dated: 22.02.2005

February 22, 2005 730 Views 0 comment Print

Import of textile and textile articles is permitted subject to the condition that they shall not contain any of the hazardous dyes whose handling, production, carriage or use is prohibited by the Government of India under the provisions of clause (d) of subsection (2) of section 6 of the Environment (Protection) Act, 1986 (29 of 1986) read with the relevant rule(s) framed there under. For this purpose, the import consignments shall be accompanied by a preshipment certificate from a textile testing laboratory accredited to the National Accredition Agency of the Country of Origin.

Circular No. 10/2005-Custom Duty Dated: 22nd February, 2005

February 22, 2005 649 Views 0 comment Print

I am directed to invite your attention to the Board’s Circular No.56/2004-Cus, dated 18th October, 2004 on the above mentioned subject and to say that the Directorate General of Foreign Trade vide Public Notice No. 54/2004-2009 dated 15th February,2005 has further amended the Para 2.32 of Handbook of Procedure (Vol.I). Accordingly, the Board hereby makes following further amendments in the Circular No.56/2004-Cus, dated 18.10.2004.

Notification No. 63/2005-Income Tax, Dated: 21.02.2005

February 21, 2005 376 Views 0 comment Print

In exercise of powers conferred by the clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Yachting Association of India, new Delhi for the purpose of the said sub-clause for the assessment year 1999-2000 to 2001-2002 subject to the following conditions

Notification No. 62/2005-Income Tax, Dated: 21.02.2005

February 21, 2005 376 Views 0 comment Print

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 Indian Institute of Public Administration, New Delhi for the purpose of the said sub-clause for the assessment year 2004-2005 to 2006-2007 subject to the following conditions

Notification No. 61/2005-Income Tax, Dated: 21.02.2005

February 21, 2005 454 Views 0 comment Print

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 Indira Gandhi National Centre for the Arts, Janpath, New Delhi for the purpose of the said sub-clause for the assessment year 2004-2005 to 2006-2007 subject to the following conditions

Notification No. 60/2005-Income Tax, Dated: 21.02.2005

February 21, 2005 367 Views 0 comment Print

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 of Institute for Financial Management and Research, Chennai for the purpose of the said sub-clause for the assessment years 2002-2003 to 2004-2005 subject to the following conditions

Notification No. 59/2005-Income Tax, Dated: 21.02.2005

February 21, 2005 394 Views 0 comment Print

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 of The Bharat Scouts & Guides, New Delhi for the purpose of the said sub-clause for the assessment years 2004-2005 to 2006-2007 subject to the following conditions

Extinguishment of right in property for consideration is transfer

February 21, 2005 5187 Views 0 comment Print

Explore the legal implications of extinguishment of property rights in the CIT vs. Smt. Laxmidevi Ratani case at the Madhya Pradesh High Court. Uncover the details of the dispute, the compromise, and the tax implications. Understand the court’s ruling on whether the amount of Rs. 7,34,000 is considered a capital receipt subject to capital gains tax, as per Section 2(47) of the IT Act. Stay informed on the legal precedents cited, including the Bombay High Court decisions and the Supreme Court’s stance on property rights extinguishment.

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