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Archive: 28 May 2007

Posts in 28 May 2007

Notification No. 180/2007 – Income Tax Dated 28/5/2007

May 28, 2007 280 Views 0 comment Print

Notification No. 180 – Income Tax In exercise of the powers conferred by sub-clause (vii ) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in notification of the Government of India, Ministry of Finance, Department of Revenue, bearing S.O. 333(E), dated the 8th March, 2007, and published in the Gazette of India, Extraordinary, Part

Makes Central Excise (Settlement of Cases) Rules, 2007

May 28, 2007 391 Views 0 comment Print

Where the Settlement Commission orders attachment of property under sub-section (1) of section 32G , it shall send a copy of such order to the Commissioner of Central Excise having jurisdiction over the place in which the applicant owns any movable or immovable property or resides or carries on his business or has his bank account.

Makes Customs (Settlement of Cases) Rules, 2007

May 28, 2007 460 Views 0 comment Print

Fee for copies of reports. – Any person who makes an application under section 127G , for obtaining copies of reports made by any Officer of Customs, shall pay a fee of five rupees per page of each report or part thereof.

Notification no. 53/2007-Customs Duty (N.T.), Dated: 28th May, 2007

May 28, 2007 265 Views 0 comment Print

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.33/2007-NT-Customs, dated the 25th April, 2007 [S.O.650(E), dated the 25th April, 2007], the Board hereby column (2) of each of Schedule I and Schedule II appended hereto into Indian currency.

Notification No. 52/2007-Customs Duty (N.T.), Dated: 28.05.2007

May 28, 2007 385 Views 0 comment Print

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.32/2007-NT-Customs, dated the 25th April, 2007 [S.O.649(E) dated the 25th April, 2007], the Board hereby determines for the purposes of said section, relating to imported goods.

SEBI (Merchant Bankers) (Amendment) Regulations, 2007

May 28, 2007 220 Views 0 comment Print

In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the Regulations to further amend the Securities and Exchange Board of India

SEBI (Buy back of Securities) (Amendment) Regulations, 2007

May 28, 2007 220 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Buy-Back of Securities) (Amendment) Regulations, 2007.

Notification No. 181/2007, Dated: 28.05.2007

May 28, 2007 247 Views 0 comment Print

The Institution will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established and in a case where more than fifteen per cent of its income is accumulated on or after the 1st day of April 2002 the period of the accumulation of the amount exceeding fifteen per cent of its income shall in no case exceed five years.

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