The principal notification No. 33/99-Central Excise, dated the 8th July, 1999 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 509(E), dated the 8th July, 1999 and was last amended vide notification no. 32/2008-Central Excise, dated the 10th June, 2008 vide number G.S.R 440 (E), dated the 10th June, 2008.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.49 – Central Excise New Delhi, the 3rd October, 2008 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 32/99-Central Excise, dated the 8th July, 1999 which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 508 (E), dated the 8th July, 1999, namely:- In the said notification, in paragraph 2A, in the TABLE, – (i) for S.No.12 and the entries relating thereto, the following shall be substituted, namely:- (1) (2) (3) (4) (5) 12 25 Cement 75 Lime stone and gypsum 12A 25 Cement clinker 75 Lime stone (ii) for S.No.13 and the entries relating thereto, the following shall be substituted, namely:- (1) (2) (3) (4) (5) 13 17 or 35 Modified starch or Glucose 75 Maize, maize starch or tapioca starch (iii) after S. No. 15 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) 15A 29 or 38 Fatty acids or Glycerine 75 Crude palm kernel, coconut, mustard or rapeseed oil 15B 72 Ferro alloys, namely, ferro chrome, ferro manganese or silico manganese 75 Chrome ore or manganese ore [F. No 101/18/2008-CX-3] (Sonal Bajaj) Under Secretary to the Government of India Note:- The principal notification No. 32/99-Central Excise, dated the 8th July, 1999 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 508(E), dated the 8th July, 1999 and was last amended vide notification no. 31/2008-Central Excise, dated the 10th June, 2008 vide number G.S.R 439 (E), dated the 10th June, 2008.
In the present case, admittedly, no incriminating material was found relating to the alleged unaccounted sales of jewellery by the assessee to M/s. Ranka Jewelers in the course of search carried out at the premises of the assessee. The material relied upon by the Assessing Officer was found during the search at the premises of the third party namely Prakash Salunkhe. Therefore, the question of existence of such nexus as mentioned in the preceeding paragraph simply does not arise. Consequently, no addition could be made solely on the basis of material found from the position of the third party.
The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 107/2008-Customs (N.T.), dated, the 16th September, 2008 (S.O. 2204 (E) dated 16th September , 2008).
Notification No. 94-Income Tax It is hereby notified for general information that the organization Kasturba Health Society, Distt. Wardha, Maharashtra has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2005 in the category
NOTIFICATION NO. 95/2008, Notification 94/2008 It is hereby notified for general information that the organization National Health & Education Society, (P.D. Hinduja National Hospital and Medical Research Centre), Mumbai has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), with effect from 1-4-2008 in the category of ‘other Institution’, partly engaged in research activities subject to the following conditions, namely:—
In cases, where test reports of samples are found at variance with the export declaration, Customs will report the matter to the nearest Zonal Joint DGFT (with copy to DGFT at HQs New Delhi) for necessary action and remedial measures to be taken regarding the defaulting exporter.
The Central Board of Direct Taxes have extended the last date of filing of income tax returns, due by 31st July 2008, to 31st October 2008 in the state of Sikkim in view of the delay in issuing of Instruction No.8/2008in respect of filing of income-tax return by non-Sikkimese residing in that state.
Circular No. 9/2008-Income Tax Reference is invited to Circular No. 08/2007, dated 5-12-2007 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under section 192 of the Income-tax Act, 1961, during the financial year 2007-08, were intimated.
Union of India v. Dharmendra Textile Processors – The Explanations appended to Section 272(1)(c) of the IT Act entirely indicates the element of strict liability on the assessee for concealment or for giving inaccurate particulars while filing return.
