"18 April 2013" Archive

Amendment in Notification No. 1/2013 to remove requirement of maintenance and operation of Industrial park

Notification No. 31/2013 - Income Tax (18/04/2013)

Notification No. 31/2013 - Income Tax [F.NO.178/02/2008-ITAT-I], DATED 18-4-2013 In exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes following amendment to the notification of the Government of India in the Ministry of Fi...

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CG notifies officials handling functions of foreign exchange laws for obtaining info u/s. 138

Notification No. 32/2013 - Income Tax (18/04/2013)

Notification No. 32/2013 - Income Tax entral Government hereby specifies officers of the rank of Joint Director and above serving in Directorate of Enforcement, Department of Revenue, Ministry of Finance, Government of India, who are performing functions under the Foreign Exchange Management Act, 1999 and the Prevention of Money Launderi...

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Delayed or Non payment of TDS- Department to initiate action against TDS defaulters

The Income Tax department has decided to crack the whip on big companies and organisations that do not remit TDS money even after deducting it from their workers’ salaries. The Central Board of Direct Taxes (CBDT), the controlling and administrative authority of the department, has asked all I-T ranges to identify such cases where r...

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Posted Under: Income Tax |

Compliance with conditions u/s 72A is to be tested in relation to each amalgamating company

Hercules Hoists Limited Vs. ACIT (ITAT Mumbai)

We have heard the parties, and perused the material on record as well as the case law cited. The reopening of assessments in the instant case is decidedly before the expiry of a period of four years from the end of the relevant assessment years, so that the first proviso to s. 147 is not applicable. ...

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Notification No. 24/2013-Customs, Dated- 18th April, 2013

Notification No. 24/2013-Customs (18/04/2013)

Notification No. 24/2013-Customs, Dated- 18th April, 2013 in the case of service provider who is also engaged in manufacturing activity, capital goods including spares related to its manufacturing sector business, but excluding the items not permitted to be imported in terms of Appendix 37B of the Hand Book of Procedure, volume I,...

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Apply online for PF transfer, withdrawals from July 1- EPFO

New Delhi: Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims....

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Posted Under: Income Tax |

Exemption to goods when imported into India against a Post Export EPCG duty credit scrip – Regarding

Notification No. 23/2013-Customs (18/04/2013)

Notification No. 23/2013-Customs, Dated- 18th April, 2013 Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods when imported into India against a Post Export EPCG duty credit scrip issued by the Regional Authority in accordance with paragraph 5.11 under Chapter 5 {Export Promotion...

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Notification No. 22/2013-Customs, Dated – 18th April, 2013

Notification No. 22/2013-Customs (18/04/2013)

Notification No. 22/2013-CUSTOMS, Dated - 18th April, 2013 that the authorisation is registered at the port of import specified in the said authorisation and the goods, which are specified in the Table 1 annexed hereto, are imported within eighteen months from the date of issue of the said authorisation and the said authorisation is prod...

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Excise Exemption to goods cleared against a Post Export EPCG duty credit scrip issued by Regional Authority – Regarding

Notification No. 14/2013-Central Excise (18/04/2013)

Notification No. 14/2013 - Central Excise it is necessary in the public interest so to do, hereby exempts the goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), when cleared against a Post Export EPCG duty credit scrip issued by the Regional Authority in accordance with paragr...

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Increasing accuracy of data capturing by DGCI&S- Alignment of Chapter 3 schemes with ITC HS

Trade Notice No. 01/2013 (18/04/2013)

Various items have been added from time to time under Appendix 37A i.e. Vishesh Krishi and Gram Udyog Yojna (VKGUY) and Appendix 37D i.e. Focus Product Scheme (FPS) and Market Linked Focus Product Scheme (MLFPS) in the Hand Book of Procedure Vol-I....

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