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SEBI : Restriction on payment of brokerage/commission on prospective basis and only in case of sponsor investments’

May 24, 2001 1381 Views 0 comment Print

Regarding payment of brokerage / commission on the subscription by the associates, we have received a representation from Association of Mutual Funds in India (AMFI). After considering the representation.

SEBI : Compulsory Rolling Settlement

May 24, 2001 781 Views 0 comment Print

The list has been prepared based on the information submitted by the stock exchanges. However, if there is any scrip where there are deferral products available at any of the exchange

General Circular No. 10/2001, dated 22/05/2001

May 22, 2001 607 Views 0 comment Print

The Companies (passing of the resolution by postal ballot) Rules, 2001.

Disposal of imported fire arms-Regarding

May 22, 2001 559 Views 0 comment Print

The undersigned is directed to refer to the Ministry’s letter F.No. 497/57/87-CUS.VI dated 5.1.88 (copy enclosed) on the above subject, wherein it was clarified that fire arms allowed to be imported into India shall not be transferred to any other person during the lifetime of the importer for consideration or otherwise.

Finance Act, 2001 Effective June 1, 2001

May 22, 2001 2836 Views 0 comment Print

In exercise of the powers conferred by section 106 of the Finance Act, 2001 (14 of 2001), the Central Government hereby appoints the 1st day of June, 2001, for the purposes of that section.

SEBI : Practice of granting conditional listing permission

May 22, 2001 427 Views 0 comment Print

It has been brought to our notice that some stock exchanges have been granting conditional listing permission to the companies. Section 73 of the Companies Act, 1956 does not envisage any qualified conditional listing permission.

Notification No.S.O.447(E) – Income Tax Dated 22/5/2001

May 22, 2001 531 Views 0 comment Print

Notification No.S.O.447(E) – Income Tax Whereas the Central Government, 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) (hereinafter referred to as “the said Act”), has framed and notified a scheme for industrial park, in the notification of the Government of India in the Ministry of Industry and Commerce (Department of Industrial Policy and

Notification No.S.O.1272 – Income Tax Dated 22/5/2001

May 22, 2001 528 Views 0 comment Print

Notification No.S.O.1272 – Income Tax It is notified for general information that enterprise listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005

Notification No.S.O.1271- Income Tax Dated 22/5/2001

May 22, 2001 450 Views 0 comment Print

Notification No.S.0.1271- Income Tax It is notified for general information that enterprise/industrial undertakings listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005

Notification No. 13 (RE-2001) 1997-2002, Dated: 21.05.2001

May 21, 2001 397 Views 0 comment Print

Notification No. 13 (RE-2001) withdraws previous notifications No. 11 and No. 12 related to ITC(HS) classifications of export and import items.

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