Circular No. 4/4/94-CX-4 Representations have been received relating to application of Notification No. 67/83-CE dated 01.03.1983 (as amended) to Tungston Halogen Bulbs Tungston Halogen Bulbs are classifiable under Tariff item No. 85.39 of the schedule to the Central Excise Tariff Act, 1985. Notification No. 67/83 describes effective rate of duty for bulbs and fluorescent tubes.
Notification No. S.O.37(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 “10. 5 per cent. (tax-free bonds) (Series 1-A bearing Serial Numbers 1 to 5,19,800 ; Series 1-B bearing Serial Numbers 1 to 3,100 ; Series 1-C bearing Serial Numbers 1 to 2,18,900 and Series 1-D bearing Serial
Notification No. S.O.38(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 “10.5 per cent. (tax-free bonds) (Series 2-A bearing Serial Numbers 1 to 40,00,000) of an amount of Rupees 400 crores” to be issued by the Konkan Railway Corporation Limited for the purpose of the said item
Circular No. 676-Income tax Representations have been received by the Board seeking waiver of interest chargeable under sections 234B and 234C of the Income-tax Act, 1961 for default in payment of instalments of advance tax by the due dates which are prescribed under section 211 of the Income-tax Act. In cases where the last date for making payment of such instalments
Notification No. S.O.371-Income Tax It is notified for general information that M/s. Parashwanth Housing Finance Corporation Limited, Harsiddha Chambers, 3rd Floor, Ashram Road, Ahmedabad-380 014 have been approved by the Central Government as a Housing Finance Company for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1987-88 and 1991-92 to 1994-95.
Circular No. 3/3/94-CX.6 2. It has been brought to the notice of the Board that tea Waste has been piling up and has assumed critical dimensions due to unwillingness of the Excise authorities to supervise destruction of tea waste or its conversion into compost in view of the abolition of Central Excise duty on tea.
Circular No. 2/2/94-CX The issue regarding actual amount of “Sales tax payable” which can be deducted from the cum-duty-price for purpose of determining assessable value for excise purposes has been raised by Internal Audit in Bombay and AG”s audit as well. The matter was referred by Principal Collector, Bombay to Branch Secretariat, Bombay, of law Ministry and they have opined
Circular No. 7/7/94-CX In exercise of the powers conferred by Notification No. 354/86-Central Excise dated the 20th June, 1986, Central Board of Excise & Customs, hereby assigns to the Collector of Central Excise (II) Delhi, the cases annexed to this order for the purpose of investigation and adjudication.
Notification No. SO 9447-Income Tax Whereas a draft notification was published by the Central Government in exercise of the powers conferred by item (B) of clause (ii) of the proviso to sub-clause (c) of clause (1A), and item (b) of sub-clause (iii) of clause (14), of section 2 of the Income-tax Act, 1961 (43 of 1961), in the Gazette of India, Extraordinary, Part II, section 3,
Circular No. 675-Income tax Section 80RR of the Income-tax Act, 1961 provides that an individual resident in India, being an author, playwright, artist, musician, actor or sportsman (including an athlete) who derives income in exercise of his profession from the Government of a foreign State or any person not resident in India
