Circular No. 25/2015-Custom Duty The Board has received representations from other Ministries, trade bodies and traders regarding issues arising from the interpretation of Board’s circular no. 4/2008 – Cus dated 12th February 2008, The circular requires that field formations rely upon a chartered engineer’s inspection report while valuing imports of second hand machinery and that inspection/appraisement reports issued at the port of loading should be accepted.
Notification No. 101/2015 – Customs (N.T.) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise & Customs No. 97/2015-CUSTOMS (N.T.), dated 1st October, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified
NOTIFICATION NO. 100/2015-Cus.,(NT), Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-
For any startup or a freelancer, first few years are always challenging. Right from choosing the appropriate constitution for setting up the business to taking into account the tax implications, everything has to be done appropriately. Taxes can be complicated but their ignorance or lack of knowledge can land a young startup in unwanted troubles. […]
ITAT Jaipur held in case of ACIT Vs. Smt. Ranjana Johari that if change made in the wooden article which resulted in to a new and different article then it would amount to manufacturing activity. The assessee, Ranjana Johari, had undertaken different activities to shape up
Joined Up Service NA – DIN – COI – PAN – TAN – ESIC – EPFO Description:- This joined up service enables the applicant to fill a common form for ‘MCA-Name, DIN and COI’, ‘CBDT-PAN, TAN’, ‘MoLE- ESIC and EPFO’ services and the same is then routed sequentially to the respective department for processing. While […]
ITAT Ahmedabad held In the case of The ACIT vs. Garden Silk Mills Ltd. that rejection of books of accounts should not be in a mechanical manner. The AO has to come to a definite conclusion that the accounts are not correct or not complete; consequently, it has distorted the true picture of profit.
SECURITIES CONTRACTS (REGULATION) ACT, 1956 [42 OF 1956] [4th September, 1956] An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, 1[***] by providing for certain other matters connected therewith. BE it enacted by Parliament in the Seventh Year of the Republic of India as follows : PRELIMINARY Short title, […]
Notification No. 99/2015-Customs (N.T.) CBEC hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 61/94-Customs (N.T.), dated the 21st November, 1994, published in the Gazette of India, vide number S.O. 828 (E), dated the 21st November, 1994, namely:-
On a review, it has been decided that the cooperative banks may also use the historical spot gold price data of the preceding 30 days publicly disseminated by a Commodity Exchange regulated by the Securities and Exchange Board of India.
