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Archive: 15 July 2009

Posts in 15 July 2009

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 2070 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 4029 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

Notification No. 119 (RE-2008)/2004-2009, Dated: 15.07.2009

July 15, 2009 349 Views 0 comment Print

In exercise of powers conferred under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 ( No 22 of 1992) and read with Para 1.3 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendment in Para 1C.3 of the Foreign Trade Policy 2004-2009 (updated as on 11.04.2008).

Amends Notification No. 36/2001-Custom Duty (N.T.), Dated: 03.08.2001

July 15, 2009 205 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Cus (N. T.), dated, the 3rd August 2001, namely.

CBI arrests DGFT official for accepting bribe of Rs 3000

July 15, 2009 1508 Views 0 comment Print

The CBI today arrested an Assistant Director working in Directorate General of Foreign Trade (DGFT) at Ludhiana for demanding and accepting a bribe of Rs. 3000/- from the complainant for processing his files relating to Duty Entitlement Pass Book (DEPB). Directorate General of Foreign Trade deals with formulation and implementation of foreign trade policy. The […]

ICAI Act needs amendments to become a more powerful body

July 15, 2009 516 Views 0 comment Print

Corporate Affairs Minister Salman Khurshid today agreed that the ICAI Act needs some amendments to become a more powerful body post the Satyam scam. “I can see that some amendments (in ICAI Act) are called for but we would like to see what their (ICAI) perspective is,” Khurshid told reporters.However, he refused to give further details, […]

Mere citing of Law laid down by SC before tribunal and non application of same cannot be said mistake apparent from the record

July 15, 2009 579 Views 0 comment Print

7. Ld. Sr. Counsel appearing for the assessee has contended that the Tribunal in its appellate order has cited two Supreme Court decisions in Royal Hatcheries V. State of Andhra Pradesh. AIR 1994 SC 666 and in M/s.Sil Import USA Vs. M/s.Exim Aides Silk Exporters, AIR 1999 SC 1609, 1612-13, without confronting the assessee at the time of hearing of the appeal before the Tribunal, and therefore

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