For the purpose of adjudicating the matters relating to show cause notice pertaining to Shri Naveen Sehgal, R/o C-1, Shardapuri, New Delhi and Others issued vide, DRI F. No. 34/05/2007-DZU/5813-5820 dated the 8th November, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, Delhi Zonal Unit, New Delhi.
For the purpose of adjudicating the matters relating to show cause notice pertaining to Shri M/s A Square Automation Private Limited, 110, Saini Enclave, 2nd Floor, Delhi – 92 and Others issued vide, DRI F.No. 50D/131/2004-C.I. dated the 9th July, 2007, by the Additional Director General, Directorate General of Revenue Intelligence, 7th Floor, ‘D’ Block, I.P.Bhavan, I.P.Estate, New Delhi.
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 (Import), Mumbai Port, New Custom House, Ballard Estate, Mumbai to act as a common adjudicating authority to exercise the powers and discharge the duties.
the matters relating to show cause notice pertaining to M/s Rochi Ram and Sons, D-468D and F, Road No. 9A, VKI Area, Jaipur and Others, issued vide, F.No. 23/38/2006-DZU/RRS, dated the 19th June, 2007 by the Additional Director General, Directorate General of Revenue Intelligence, Delhi Zonal Unit, New Delhi.
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 Additional / Joint Commissioner of Customs (Import), Jawaharlal Nehru Custom House, Nhava Sheva, Raigad, Maharashtra to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on the Additional / Joint Commissioner of Customs (Sea Port Import).
Foreign nationals working in India will be exempt from fringe benefit tax (FBT) on the cost of transportation from their residence to the workplace, according to a Supreme Court ruling. Responding to a petition filed by an Australian firm, R&D Falcon (A) PTY, the apex court overruled an earlier decision by the Authority for Advance Ruling (AAR), a quasi judicial body for resolving tax disputes involving foreigners.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue.
In exercise of the powers conferred by 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.39/2008-CUSTOMS (N.T.), dated the 28th April, 2008 vide number S.O. 1033(E), dated the 28th April, 2008, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 1st June, 2008 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.
I am, accordingly, directed to request you to instruct the officers working under your jurisdiction to carefully examine this aspect of the refund claim before passing an Order-in-Original, so that unnecessary hardships caused to the applicants and protracted litigation in claiming refunds is avoided.
CIT vs. Divine Leasing & Finance (SC) – The amount of share application money received by a Company from alleged bogus shareholders cannot be regarded as undisclosed income under S. 68 of I. T. Act for the simple reason that if the names of the alleged bogus shareholders are given to the AO, then the Department is free to proceed to re-open their individual assessments in accordance with law.
