"November, 2010" Archive - Page 49

Notification No. 83/2010-Income Tax Dated 1-11-2010

Notification No. 83/2010-Income Tax (01/11/2010)

Notification No. 83/2010-Income Tax It is hereby notified for general information that the organization Raman Centre for Applied and Interdisciplinary Sciences, Kolkata 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 ...

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Banking – Sale of Investments held under Held to Maturity (HTM) category

CIRCULAR NO. DBOD. NO. BP.BC.56/21.04-141/2010-11 (01/11/2010)

In this connection, we clarify that the one-time transfer of securities to/from HTM category with the approval of Board of Directors permitted to be undertaken by banks at the beginning of the accounting year and sales to the Reserve Bank of India under pre-announced OMO auctions will be excluded from the 5 per cent cap prescribed in the ...

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Exempts Crude Petroleum oils and oils obtained from bituminous minerals, when imported into India from Brunei Darussalam

Notification No. 116/2010-Customs (01/11/2010)

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts Crude Petroleum oils and oils obtained from bituminous minerals falling under the tariff item 2709 00 00 of th...

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Notification No. 115/2010-Cus dated -01-11-2010- Amends Notification No.153/2009-Customs, dated the 31st December, 2009

Notification No. 115/2010-Customs (01/11/2010)

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), 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 (...

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Permission for export of 10,000 tons of edible oil in branded consumer packs from 01.11.2010 to 31.10.2011

Notification No. 09(RE-2010)/2009-2014 (01/11/2010)

The export of edible oils under Chapter 15 of ITC(HS) Classification of Export and Import Items, in branded consumer packs of up to 5 Kgs. was permitted subject to a limit of 10,000 tons during 01.11.2009 to 31.10.2010 from Customs EDI Ports Vide Notification 18/2009-2014 dated 02.12.2009....

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Removal of Directors and the litigation?

We all know the role of the Directors in any Company and Board is collectively involved in the day-to-day affairs of the Company. Through segregation and delegation depending upon the size of the Company, the plan, the regulations in the Articles, the directors in-fact run the Company subject to the provisions of the Companies Act, 1956 a...

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Posted Under: Income Tax |

Filing VAT Return Ver.1.2.2 – How to handle uploading errors?

I tried many variations to get it uploaded but nothing succeeded. I visited many web site to get a solution for this but instead of getting a solution I found many visitors were asking the facing the same problem and no answer was available. Eventua...

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Posted Under: Income Tax |

ICAI International Conference on 4-6 January, 2011

ICAI International Conference on “Accountancy Profession: Catalyst to Sustained Economic Growth” on 4-6 January, 2011 at Vigyan Bhawan, New Delhi...

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Posted Under: Income Tax |

The Role of Directors or Board of Directors (Bod) in a Company?

There were many judgements on the role of directors and the responsibility of directors/Board of Directors in any Company. In Private Limited Companies or the Public Companies, the role and responsibility of the Directors or the Board of Directors depend upon the regulations in the Articles of the Company and the provisions of the Compani...

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Posted Under: Income Tax |

SEBI – Code of Conduct for Investor Associations (IAs)

Circular No. OIAE/IAD/01/2010 (01/11/2010)

he Association shall not make any untrue statement or suppress any material fact in documents, reports or information furnished to the Board....

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