"March, 2009" Archive - Page 5

Regarding anti dumping duty on Cathode Ray Colour Television Picture Tubes originating in or exported from, Indonesia

Notification No. 31/2009-Customs (27/03/2009)

Colour television picture tubes means complete or incomplete cathode ray colour television picture tubes more elaborately described as thermionic, cold cathode or photo cathode valves and tubes such as vacuum or vapor or gas filled valves and tubes, mercury arc rectifying valves and tubes, also called cathode ray tubes...

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Conversion of FCEBs into shares or debentures of any company shall not be treated as a ‘transfer’ within the meaning of Income-tax Ac

Circular No. 1/ 2009 - Income Tax (27/03/2009)

Circular No.. 1/ 2009 - Income Tax 16.1 In 1992, the Government allowed established Indian companies to issue foreign currency convertible bonds (FCCB), with special tax regime for non-resident investors, so as to encourage the flow of foreign exchange to India...

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Posted Under: Custom Duty |

Prohibition on export of Pulses-regarding

Notification No. 99 (RE-2008)/2004-2009 (27/03/2009)

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 (as amended from time to time), the Central Government hereby substitutes, with immediate effect, Para 3 (i) of No...

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Exchange Rate notification for Import / Export of goods WEF 1st April, 2009

Notification No. 38/2012-Customs (N.T.) (27/03/2009)

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.21/2009-CUSTOMS (N.T.), dated the 25th February, 2009 vide number S.O. 549(E), dated the 25th February, 2009, except as respect...

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CBDT notified Income Tax Return Forms (ITR ) for A.Y. 2009-10/ Financial Year 2008-09

Notification No. 32/2009 - Income tax (27/03/2009)

Notification No. 32/2009 - Income tax The CBDT has notified new Income Tax Forms for F.Y. 2008-09 & A.Y. 2009-10 vide notification No. 32/2009 ( Income Tax 9th Amendments) Rules, 2009...

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Public Notice No. 165 (RE-2008)/2004-2009, Dated: 27.03.2009

Public Notice No. 165 (RE-2008)/2004-2009 (27/03/2009)

For exports made w.e.f. 1.4.2008, in Table 9 (Sl.No.26) of Appendix 37A, the following sentences are inserted at the end in the Note inserted vide Public Notice No.65 (RE-2008)/2004-09 dated 19.8.2008....

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Claiming of deemed export benefits under para 8.2(b) of FTP-Clarification regarding

Policy Circular No. 75 (RE-2008)/2004-2009 (27/03/2009)

Doubts are raised as to whether EOUs can file applications for deemed export benefits with RAs. Similar doubts have also been expressed regarding filing of deemed export drawback and TED refund applications by DTA suppliers with Development Commissioners. ...

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Weighted deduction for sum paid to a company to be used by such company for scientific research

Circular No. 1/2009 - Income Tax (27/03/2009)

Circular No. 1/2009 - Income Tax 10.1 In order to encourage the outsourcing of scientific research, a new clause (iia) in sub-section (1) of section 35 of the Income-tax Act has been inserted to allow a weighted deduction of 125 per cent of the amount paid by a person to an approved company to be used for scientific research subject to p...

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ICAI approached MCA to discuss working of foreign firms offering Audit services in India

The Institute of Chartered Accountants of India (ICAI) has approached the ministry of corporate affairs (MCA) to discuss the functioning of all those foreign firms who are offering auditing services in India through their tie ups with the local firms. According to ICAI, the manner in which the foreign firms handle their auditing services ...

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Posted Under: Custom Duty |

ICSI given clean chit to Satyam company secretaries

The Institute of Company Secretaries of India (ICSI) has given a clean chit to the the company secretaries, G Jayaraman, global head of corporate governance and Savita Jyoti, practicing company secretary of Satyam Computers on their role in the accounting fraud. NK Jain, secretary, ICSI told FE, “On the basis of the investigation done b...

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Posted Under: Custom Duty |

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