In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944
Income Tax Department, Delhi invites application from qualified Chartered Accountants/firms of CAs for empanelment to carry out Special Audit u/s 142(2A) of the I.T. Act 1961. The remuneration for the Special Audit is governed by Rule 14B of the I.T. Rules 1962.
The requirement of safety distances referred to in sub-rule(4) and clause (iii) of sub rule (8) shall not be applicable to those Ammonium Nitrate storage premises, which were existing on the date of publication of these rules and were within the approved premises of the licences granted under the Explosives Rules, 2008 and Gas Cylinders Rules,
This is in continuation of circular No.VAT Audit/HQ/2013-14/2406-2413 dated 02-07-2013 vide which it was clarified that the audit of business affairs of the dealers having GTO more than Rs.10 Crore for the year 2012-13 may be conducted after 15-11-2013 i.e. after submission of audit report for the year 2012-13 in Form AR-1.
In exercise of the powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and paragraph 1.1 of Handbook of Procedure (Vol. I) the Directorate General of Foreign Trade hereby notifies a new SION A-3643 under Chemicals and Allied Products – in respect of the export product “Fatty Alcohol (Cetyl, Stearyl, Ceto-Stearyl)” as under.
SION A-1442 has been revised to add (i) two new inputs and (ii) reduce the quantity of two existing inputs. The name of the export product has been widened from “Ortho Tertiary Butyl Cyclohexyl Acetate” to “Ortho Tertiary Butyl Cyclohexyl Acetate and or Ortho Tertiary Butyl Cyclohexyl Acetate Super”. Public Notice No.16 (RE: 2013)/2009-2014
The consolidated FDI policy circular issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, effective from April 05, 2013, states that FII investments in Security Receipts issued by Asset Reconstruction Companies should be within the FII limit on corporate bonds prescribed from time to time.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in
In consultation with RBI and in view of the recent turbulent phase of extreme volatility in USD-INR exchange rate, it has been decided to curtail position limits and increase margin requirements for Currency Derivatives as follows: a. Margins: Initial and extreme loss margins shall be increased by 100% of the present rates for USD-INR contracts in Currency Derivatives.
Assessee has sold/transferred a lease hold landed property at 36, SSGT road, Industrial area, Ghaziabad at a consideration of Rs.3,25,00,000/- to Sara exports Ltd. The said lease hold property was acquired by the assessee way back in 1971 as per the original elase deed dt. 26.8.71
