Every recognised stock exchange shall maintain such registers and furnish such returns or information to the Board in respect of its annual turnover, the listing fees collected by it and the fee paid or payable under these regulations, as may be specified by the Board.
Explore the Supreme Court’s verdict in S.A. Builders Ltd vs. CIT (Appeals) Chandigarh & Anr. regarding the allowability of interest on borrowed capital under Section 36(1)(iii). Understand the critical considerations for deductions, including the importance of commercial expediency. Learn how the Court’s insights impact cases involving advances to sister concerns and the nexus between borrowed funds and business purposes. Get a comprehensive understanding of the legal perspectives on interest deduction in business transactions.
Circular No. 13 of 2006-Income Tax Representations have been received in the Board seeking clarification on the applicability of section 194C on such transactions, where the assessee has outsourced certain work relating to fabrication or manufacturing of article or thing in accordance with the specifications given by the assessee. Circular No. 681, dated 8-3-1994
. Bring the provisions of this circular to the notice of the entities in both equity and debt segments, member brokers, clearing members of the Exchange and also to disseminate the same on the website for easy access to the investors.
Exempts the taxable service provided by an insurer, carrying on general insurance business, to a policy holder for the insurance of sheep, from the whole of service tax leviable thereon under section 66 of the said Act Date: 11th December, 2006. Notification No. 31/2006-Service Tax G.S.R. (E).- In exercise of the powers conferred by section […]
The purpose behind providing exemption under regulation 3(1)(ia) was to facilitate disinvestment by venture capital fund or foreign venture capital investors of shares held by them in a venture capital undertaking in favour of the promoter of such venture capital undertaking.
As per Section 11(2) (f) of the Securities and Exchange Board of India Act, 1992, SEBI is empowered to undertake such measures as it deems fit to promote investors’ education. One of the measures being undertaken to promote investors
In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs, Mangalore, and authorizes him to exercise the powers and discharge the duties conferred or imposed on the officers specified.
Cause Notice pertaining to M/s Rahul Exports, Shop No.160, Mangaldas Market Ghadiyal Galli, Mumbai, M/s Deepak Impex, M-4/9, Hiramani Ratan Co-op Housing Society, Bangur Nagar, Goregaon (East), Mumbai and others issued vide, F.No. DRI/MZU/NS/INV-15/05-06, dated the 25th July, 2006 by the Additional Director General, Directorate of Revenue Intelligence, Mumbai Zonal Unit, 3rd and 4th Floor, Hotel Waldrof, 16, Arthur Bunder Road, Colaba, Mumbai – 400 005.
In exercise of powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), 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. 71/2006-Customs (N.T.), dated the 23rd June, 2006, S.O. 942(E), dated the 23rd June, 2006.
