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Archive: 2012

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NC Notification No. 11/2012-Income Tax Dated 16/3/2012

March 16, 2012 640 Views 0 comment Print

NC Notification No. 11/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2370(E), dated 3rd October, 2008, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 14, “Expansion and construction of the following projects

NC Notification No. 10/2012-Income Tax Dated 16/3/2012

March 16, 2012 475 Views 0 comment Print

NC Notification No. 10/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.1052(E), dated the 11th May, 2010, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 11, “Rehabilitation of orphans and destitute” by Udavum Karangal,

NC Notification No. 9/2012-Income Tax Dated 16/3/2012

March 16, 2012 1198 Views 0 comment Print

NC Notification No. 9/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.998(E), dated the 5th July, 2006, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 5, “Day care hospital and mobile hospice rural outreach

NC Notification No. 8/2012-Income Tax Dated 16/3/2012

March 16, 2012 472 Views 0 comment Print

NC Notification No. 8/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 180(E), dated the 10th March, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 13, “Rehabilitation and Education of the blind in Gujarat

Budget 2012 – Amendments In Excise Duty provisions

March 16, 2012 5555 Views 0 comment Print

Amendments In Central Excise Act, 1944 And Amendments In Central Excise Tariff Act, 1985 as prescribed by Union Budget 2012-13 Presented by the Finance Minister Pranab Mukherjee

NC Notification No. 7/2012-Income Tax Dated 16/3/2012

March 16, 2012 439 Views 0 comment Print

NC Notification No. 7/2012-Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.2370(E), dated the 3rd October, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 27, “Running the School K.C. Thackeray Vidya Niketan English Medium School”

Budget 2012 – Amendments In Customs Duty provisions

March 16, 2012 3813 Views 0 comment Print

Amendments carried out through the Finance Bill, 2012 come into effect on the date of its enactment unless otherwise specified in Customs Act, 1962 and in CUSTOMS TARIFF ACT, 1975.

NC Notification No. 6/2012-Income Tax Dated 16/3/2012

March 16, 2012 532 Views 0 comment Print

NC Notification No. 6/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2033(E), dated 6th August, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 11, “Anandashram – Smile a while- ‘Prashanthi’ A palliative

NC Notification No. 5/2012-Income Tax Dated 16/3/2012

March 16, 2012 496 Views 0 comment Print

NC Notification No. 5/2012-Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1462(E), dated 17th June, 2008, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 5, “Shree Ramakrishna Sewa Kendra (charitable hospital)” by Shree

Budget 2012 – Industry wise Changes in Custom Duty rates

March 16, 2012 6065 Views 0 comment Print

The method of computation of Education Cess and Secondary & Higher Education cess on imported goods is being simplified. Currently, these cesses are first charged on the CVD portion of customs duty and thereafter on the aggregate of customs duties (excluding special CVD). The portion of cesses leviable on the CVD portion of customs duty is being exempted so as to avoid computation of such cesses twice.

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