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Notification No. 34/2014-Customs (ADD) Dated: 23.07.2014

July 23, 2014 622 Views 0 comment Print

Seeks to extend the validity the notification No. 61/2009-Cus dated 10.06.2009 for a further period of 1 year i.e. upto and inclusive of 9.6.2015.

Notification No. 33/2014-Customs (ADD) Dated: 23.07.2014

July 23, 2014 391 Views 0 comment Print

Whereas, the designated authority vide notification No.15/10/2014-DGAD dated 11th June, 2014, published in Gazette of India, Extraordinary, Part I, Section 1, dated the 11th June, 2014, had initiated review, in terms of sub-section (5) of section

Notification No. 32/2014-Customs (ADD) Dated: 23.07.2014

July 23, 2014 583 Views 0 comment Print

Whereas, the designated authority vide notification number 15/7/2014-DGAD dated the 20th June, 2014, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 20th June, 2014 has initiated review, in terms of

Notification No. 31/2014-Customs (ADD) Dated: 23/07/2014

July 23, 2014 448 Views 0 comment Print

Whereas, the designated authority vide notification number 15/8/2014-DGAD, dated the 15th July, 2014, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 15th July, 2014 has initiated review, in terms of

Notification No. 30/2014-Customs (ADD) Dated: 23.07.2014

July 23, 2014 442 Views 0 comment Print

Whereas, the designated authority vide notification number 15/11/2014-DGAD, dated the 13th June, 2014, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 13th June, 2014, has initiated review, in terms of

FM Asks I-T Officers to Use Non Intrusive & Innovative Methods of Investigation

July 23, 2014 2270 Views 0 comment Print

Finance Minister Asks Officers of Income Tax Department to Maximise the Use of Non Intrusive and Innovative Methods of Investigation; Calls for Training for Upgradation of Skills and Need for Capacity Building The Union Finance Minister, Shri Arun Jaitley exhorted the officers of the Income Tax Department to maximize the use of innovative and non-intrusive […]

SEBI : Change in Government Debt Investment Limits

July 23, 2014 454 Views 0 comment Print

It is clarified that those FPIs which had acquired debt limits in the auction held on July 22, 2014 may utilise the limit in terms of the SEBI circular CIR/IMD/FIIC/8/2014 dated April 07, 2014 i.e. the debt limits purchased in the said auction are grandfathered.

Rebate of STT paid u/s 88E available against tax calculated u/s 115JB

July 23, 2014 6613 Views 0 comment Print

Assessing Officer has computed the taxable income of the assessee company under the normal provisions of the Act as well as under the special provisions of section 115JB of the Act. While computing the book profit u/s 115 JB, the Assessing Officer has not allowed the rebate on account

Rate of Interest on PPF on Subscriptions Made On Or After 1-4-2014

July 23, 2014 9400 Views 0 comment Print

Rate Of Interest On Public Provident Fund Scheme Under Section 5 of the Public Provident Fund Act, 1968 (23 of 1968) On Subscriptions Made To The Fund On Or After 1-4-2014 And Balances At The Credit Of Subscriber Notification No. GSR 496(E) [F.NO.6-1/2011-NS-II (PT.II)], Dated 11-7-2014 In pursuance of section 5 of the Public Provident […]

Issues in Assessment of Partnership Firms & Recommendations – CAG

July 23, 2014 4578 Views 0 comment Print

Executive Summary Partnership Firms (Firms) along with Association of Persons (A0Ps) and Body of Individuals (B0Is) constitute one of the major businesses apart from the corporate sector in India. Firms are governed by India Partnership Act, 1932. The Income Tax Act, 1961 (Act) provides various exemptions and deductions to the Firms. Income Tax Department (ITD) […]

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