Circular No.749 – Income Tax Under the existing provisions of the Income-tax Act, agricultural income is not included in computing the total income as per the provisions of clause 1 of section 10 of the Income-tax Act. The term ‘agricultural income’ has been defined in sub-section (1A) of section 2 of the Income-tax Act. The provisions of clause ( c) of this sub-section, include within the definition of agricultural income
Circular No. 511/7/2000-CX It is directed to invite your attention to Board’s Circular No. 6/89 dated 23rd June, 1989 issued from F.No. 15C/33/86-CX.1 circulating the opinion dated 6th May, 1989 of the then Attorney General of India on the subject mentioned above.+
Circular No. 540/36/2000-CX Section II A of the Central Excise Act has been amended by clause 97 of the Finance Act, 2000. By the clause (97 (b), time limit to serve notice on persons in clause where duty of excise has not been levied or paid or has been short levied or short paid or erroneously refunded has been increased from 6 months to 1 year. finance Act, 2000 has come into force w.e.f. 12-5-2000.
Reserve Bank of India, New Delhi have informed that their office has set up an information centre with Fax, e-mail and telephone facilities as per following details to allow members of the public to seek responses within 24 hours to their queries on exchange control matters including Foreign Exchange Management Act, its related rules, regulations and notifications.
You are directed to immediately verify the accounts of all the beneficiary owners who have opened accounts with you and confirm in writing to the depository,
The despatch of share certificates / refund orders / cancelled stock invests and demat credit shall be completed and the allotment and listing documents submitted to the stock exchanges within 2 working days of finalisation of the basis of allotment.
The Board in its meeting held on June 14, 2000 considered and approved amendments to certain provisions of DIP Guidelines pertaining to eligibility norms for companies issuing securities,
Investor Protection Fund has been formed to compensate the investors for loss in the event of the broker being declared defaulter. Over the period,
Please refer to our circular letter dated February 12, 1999 advising you to provide us data pertaining to funds mobilised, repurchases/redemptions, net inflow/outflow and cumulative position of net assets. We have revised the format so that some meaningful inferences about the trends in mutual funds industry may be drawn.
The revised methodology to calculate the DEPB rate, as indicated above, shall be adopted only for exports made on or after the issuance of this Circular. Exports of such formulations, consisting of more than one Bulk Drug where some of the constituents are specified while others are non-specified, effected prior to the issuance of this circular shall be governed by the Policy Circular No.39 dated 22.10.99.
