Statement that a copy of the offer document of the immediately preceding public or rights issue is made available to the public as specified under clause 5.6.2(ii) and also as a document for public inspection.
Mutual Funds shall report in the bi-monthly Compliance Test Reports (CTRs) the number of days when mutual funds were not able to adhere to the above mentioned time limit for uploading their NAVs on the AMFI website with reasons thereof and the corrective action taken by the AMC to reduce the number of such occurrences.
Circular No. 4 of 2006-Income Tax Disallowance of twenty percent of the expenditure under the provisions of sub-section (3) of section 40A is made in the computation of income in any case where a payment is made otherwise than by a crossed cheque drawn on a bank or by a crossed bank draft for a sum exceeding twenty thousand rupees.
In view of the above, it is hereby clarified by the Board that the findings and mountings of gold and silver are covered under the scope of serial no. 2 and 3 respectively, of the notification No. 62/04-customs dated 12.5.2004 and the concessional import duty may be extended to these items.
This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, and Rule 7 of Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions.
After giving due consideration to the representations of the exporting community, it has been decided that export of Sesamum Seeds (covered under ITC HS Code 120740 at 6 digit level and ITC HS Codes 12074010 / 12074090 at 8 digit level), i.e. Sesamum Indicum (Sesamum, TIL) as per Entry No 08.526 shall be entitled for Vishesh Krishi Upaj Yojana benefits in respect of such exports made between 1.9.2004 and 13.09.2005 only.
Reports have been received that some of the Port offices are allowing VKUY benefits against value added variants which do not find specific mention in list of items notified in Appendix-37A. One such item is value added variants of various types of Mentha. Appendix-37A refers only to various raw forms of Mentha and not its value added variants such as extracts.
Circular No. 3 of 2006-Income tax The Finance Act, 2005 (hereafter referred to as the Act) as passed by the Parliament, received the assent of the President on the 13th May, 2005 and has been enacted as Act No. 18 of 2005. The Act, in the field of Direct Taxes
The procedure for introducing futures and option contracts on stocks for the first time shall continue to be in the manner specified under Clause I(3) of Circular No. SMDRP/DC/CIR-13/02 dated December 18, 2002.
communicate to SEBI the status of the implementation of the provisions of this circular in the Monthly Development Report.
