As per our Circular PMD/Cir. 11006/92, dated November 02, 1992, regarding handling of applications accompanied by stock-invests, point no. 8 states that “Registrars shall deposit the stock invest, duly filled in and sorted out “issuer bank branch wise.
“The successful/partially successful applicants’ stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited.
Notification No. 10948/1999 – Income Tax In exercise of powers conferred by section 295, read with clause (ia) to sub-section (3) of section 80HHB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
“The successful/partially successful applicants’ stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited.
“The successful/partially successful applicants’ stock invests would, after encashing, be deposited in the separate bank account, where the cash and other monies received from other investors are deposited.”
It is hereby clarified that, the consignments of Mulberry Raw Silk, pending clearance from the Customs, which were accompanied by certificate for grade of raw silk given by any of the notified agencies specified in the Notification No. 9(RE 99) 1997-2002 dated the 19th May, 1999, may be permitted to be cleared on the strength of the said certificates from such notified agencies without further reference to the Central Silk Board(CSB), except in cases where samples had already been drawn and where the C.S.B. had challenged/disputed the gradation of Raw Silk certified by a foreign inspection agency.
Notification No.S. O. 392(E) – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies
Notification No.S. O. 391(E) – Income Tax In exercise of the powers conferred by clause (ca) of sub-section (12) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment in notification of the Government of India, Ministry of Finance, Department of Revenue No. S. O. 744(E), dated 1st September, 1998, namely
Notification No.S. O. 390(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 8.75% (Tax-free) HUDCO Bonds (Series VIII) of rupees one lakh each for an amount of rupees one hundred crores only bearing distinctive numbers from 20000001 to 20010000 issued by the Housing and
Notification No.S. O. 389(E) – Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 7-years 8.25% National Bank for Agriculture and Rural Development Tax-free Bonds (2005-III Series) of rupees one lakh each for an amount of rupees fifty crores bearing distinctive numbers from TFB III
