"01 December 2008" Archive

SEBI : Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

MRD/DoP/SE/Cir-33/2008 (01/12/2008)

.It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories during the month of September 2008....

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Double Taxation Avoidance Agreement Signed Between India and Tajikistan

A Double Taxation Avoidance Agreement was signed between India and Tajikistan today, i.e. 20th November, 2008. The Agreement was signed by Mr. Narendra Bahadur Singh,Chairman, Central Board of Direct Taxes on behalf of Government of India and by Mr. Norinov Jamshed Nurmahmadovich, Deputy Minister of Finance of the Republic of Tajikistan o...

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I-T Department Can Question HC Judgment Years Later – SC

If the income tax department fails to appeal against judgments against it by high courts on a certain legal question for several years, is it barred from raising the question later? No, said the Supreme Court in Commissioner of Income Tax vs J.K. Charitable Trust....

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Easier De-listing Norms for Small Firms Ready, Notification Soon

The government and the Securities and Exchange Board of India (Sebi) would soon put up a framework for delisting of securities. A more simplified procedure for delisting of small companies would also be put in place, according to official sources....

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Income Tax Department Seeks Suggestions on E-filing of I-T Returns for the AY 2009-10

The Income Tax Department seeks suggestions on e-filing of I-T returns for the AY 2009-10 to make the e-filing website, software and functionalities more user-friendly and robust. Apart from general suggestions, specific suggestions on website look and feel, functionalities and facilities, white papers and technical papers are also welcom...

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Notification No. 67 (RE-2008)/2004-2009, Dated: 01.12.2008

Notification No. 67 (RE-2008)/2004-2009 (01/12/2008)

In exercise of powers conferred by Section 5, read alongwith Section 3(2) of the Foreign Trade (Development and Regulation) Act, 1992, also read alongwith paragraph 2.1 of Foreign Trade Policy, 2004-09, the Central Government hereby extends the validity of prohibition on import of milk and milk products under Chapter 4 of ITC(HS) from ...

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Notification No. 66 (RE-2008)/2004-2009, Dated: 01.12.2008

Notification No. 66 (RE-2008)/2004-2009 (01/12/2008)

In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby amends, with immediate effect, Schedule-II of ITC (HS) Classification of Export...

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Notification No. 65 (RE-2008)/2004-2009, 01.12.2008

Notification No. 65 (RE-2008)/2004-2009 (01/12/2008)

The import / export of rough diamond (HS Code 7102.10, 7102.21 or 7102.31) from / to Venezuela shall be prohibited in view of voluntary separation of Venezuela from the Kimberley Process Certification Scheme (KPCS). No Kimberley Process Certificate shall be accepted / endorsed / issued for import and export of rough diamonds from / to Ve...

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Notification No. 47/2008-Central Excise (N.T.); Dated: 01.12.2008

Notification No. 47/2008-Central Excise (N.T.) (01/12/2008)

against serial number 78, in column (3), for the existing entry, "In the State of Tripura, Mizoram, Manipur, Nagaland (except the Districts of Mokokchung, Longleng, Mon, Tuensang) and Meghalaya (except the Districts of East, West and South Garo Hills) and the Districts of Nagaon, Silchar, Karimganj, Hailakandi, North Cachar Hills, Karbi ...

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Indian CAs Can Practice in UK and Frequently Asked Questions

While the legal profession in India is still weighing the pros and cons of opening up to foreign competition, chartered accountants have gone ahead and taken the plunge. The Institute of Chartered Accountants of India (ICAI) has signed an agreement with the Institute of Chartered Accountants in England and Wales (ICAEW), allowing both cou...

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