Public Notice No. 13 (RE-2007)/2004-09 -
Applications shall be submitted to DGFT on quarterly basis 15 days prior to start of new quarter i.e for quarter July-September application shall be submitted to DGFT by 15th June. However, for quarter ‘July-September’ of licensing year 2007-08 last date of application is 20th July 2007....
6DD. No disallowance under clause (a) of sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits and gains of business or profession under clause (b) of sub-section (3) of section 40A where any payment in a sum exceeding twenty thousand rupees is made otherwise than by an account payee cheque drawn on...