However, the said certification shall not be applicable to Fixed Maturity Plans and close-end schemes but shall be applicable to close-end schemes with a feature of conversion into open-ended on maturity.
Notification No. 147-Income Tax It is hereby notified for general information that the organization M/s Madras School of Economics, Gandhi Mandapam, Chennai-25 has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 for the period from 1-4-2005 to 31-3-2008
Notification No. 143-Income Tax S.O. 964(E).—In exercise of the powers conferred by sub-clause (ii) of clause (b) of the Explanation to section 54EC of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the bonds for an amount of Rupees four thousand five hundred crores (redeemable after three years) to be issued by the Rural Electrification Corporation Limited, a company
Notification No. 142-Income Tax S.O. 963(E). —In exercise of the powers conferred by sub-clause (i ) of clause (b) of the Explanation to section 54EC of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the bonds for an amount of rupees one thousand five hundred crores (redeemable after three years) to be issued by the National Highways Authority of India constituted under section
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends Schedule-I (Imports) to the ITC (HS) Classification of Export and Import Items, 2004-09.
Notification No. 146-Income Tax In exercise of powers conferred by the sub-clause (iv ) of the Clause (23C) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that any income received by any person on behalf “National Council of Applied Economic Research, Parisila Bhawan, II, Indraprastha Estate, New Delhi-110 002” (hereinafter the “Institution”) shall not be included in the total
Notification No. 144-Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961)(hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy
the Institution will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.
Representations have been received in this office regarding non–implementation of the validity period as provided in the above Para 3.12.3 of HBP Vol I. In this regard, it is directed that Export Promotion Councils including Commodity Boards functioning as Export Promotion Councils shall implement the provision of Para 3.12.3 of HBP, which provides 5-year validity of RCMC.
(i) in the preamble, in the proviso, after clause (g), the following clause shall be inserted, namely:- (h) the goods specified against serial No.18A of the said Table on or after the 1st January, 2007. (ii) in the Table, after S.No.18 and the entries relating thereto, the following shall be inserted
