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Archive: 2007

Posts in 2007

Makes Customs (Settlement of Cases) Rules, 2007

May 28, 2007 775 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 502 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 550 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 388 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 352 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 466 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.

Circular No. 3/2007-Income Tax Dated 25-5-2007

May 25, 2007 736 Views 0 comment Print

CIRCULAR NO. 3/2007-Income Tax Vide Income-tax (4th Amendment) Rules, 2007 [S.O. No. 762(E) dated 14th May, 2007], the Central Board of Direct Taxes amended the Income-tax Rules, 1962 substituting rule 12 by a new rule 12 and notifying new return forms for assessment year 2007-08. Sub-rule (3) of the new rule 12, inter-alia, provides that a firm required to furnish the return of income/ fringe benefits in Form ITR-5 and to whom provisions of section 44AB are applicable, or a company required to furnish the return of

Notification No.179/2007 – Income Tax Dated 24/5/2007

May 24, 2007 547 Views 0 comment Print

Notification No.179 – Income Tax It is hereby notified for general information that the organization Nimbkar Agricultural Research Institute (NARI), Phaltan, Maharashtra, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rules 5C and 5D of the Income-tax Rules, 1962 with effect from 1-4-2006 in the category of

Notification No. 178/2007 – Income Tax Dated 24/5/2007

May 24, 2007 397 Views 0 comment Print

Notification No. 178 – Income Tax It is hereby notified for general information that the organization Central Power Research Institute, Bangalore, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rules 5C and 5D of the Income tax Rules, 1962 with effect from 1-4-2005 in the category of ‘other Institution’ partly engaged in

Notification No.177/2007 – Income Tax Dated 24/5/2007

May 24, 2007 439 Views 0 comment Print

Notification No.177 – Income Tax It is hereby notified for general information that the organization Vasantdada Sugar Institute, Pune, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5D of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2003 in the category of ‘other Institution’, partly

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