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Archive: 15 March 2013

Posts in 15 March 2013

Sharing of information regarding issuer companies between Debenture Trustees and Credit Rating Agencies

March 15, 2013 1026 Views 0 comment Print

SEBI (Debenture Trustee) Regulations, 1993 require the Debenture Trustees (DTs) to share information regarding the issuer companies that are their clients, with Credit Rating Agencies (CRAs). The purpose of the Regulations is to enable CRAs to perform their obligations effectively.

Notification No. 30/2013-Customs (N.T.), Dated- 15th March, 2013

March 15, 2013 988 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 Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the

Deduction u/s. 80-IA(8) has nothing to do with fixing of tariff rate for supply of power to consumer

March 15, 2013 3156 Views 0 comment Print

We find that both the Commissioner of Income Tax (Appeals) as well as the Tribunal have arrived at a finding of fact that Assessing officer did not have any reasonable belief to come to the conclusion that that there has been any escapement for the assessment year 2003-04. The order of MERC dated 01.07.2004 specifically deals with regard to fixing of the tariff rate at which power has to be supplied to the consumer.

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