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Notifications/Circulars

Draft Circular pertaining to disposal of seized/confiscated cylinder filled with refrigerant gases

August 14, 2014 3691 Views 0 comment Print

Your attention is invited to Circular no. 20/2009 -Cus dated 19.06.2009 on disposal of refrigerant gases. Looking into the difficulties faced by the field formations in disposal of refrigerant gases, a fresh circular on the issue is proposed to be issued to address the issue. Copy of the draft circular is enclosed below.

CBDT Order No. 127/2014 Appointing IRS Officers As Joint CsIT

August 14, 2014 1367 Views 0 comment Print

ORDER NO. 127 OF 2014 The president is pleased to appoint the following officers of India Revenue Service (Income Tax) to the grade of Joint Commissioner of Income Tax purely on Ad-hoc basis in the P8-3 Rs. 15,600-39,100 with GP Rs.7,6001- with effect from assumption of charge for a period not exceeding one year.

MCA revises monetary limit for special resolution for transactions with Related Parties

August 14, 2014 9137 Views 0 comment Print

1. (1) These rules may be called the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2014.

Dispute Resolution Panels reconstituted at Mumbai and Pune

August 13, 2014 4975 Views 0 comment Print

In exercise of the powers conferred by clause (a) of sub-section (15) of section 144C of the Income-tax Act, 1961(43 of 1961) read with Income-tax (Dispute Resolution Panel) Rules, 2009 as amended from time to time and in supersession of earlier Orders constituting Dispute Resolution Panels at Mumbai and Pune, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panels at Mumbai and Pune comprising of three Commissioners of Income-tax as Members of the said Panels with a Reserve Member in each Panel in accordance with Rule 3(3) of the Income-tax (Dispute Resolution Panel) Rules, 2009 as under:

Seeks to extend the validity of notification No. 119/2010-Customs dated 19.11.2010 for a further period of one year

August 13, 2014 643 Views 0 comment Print

Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act and in pursuance of rule 23 of the said rules, the Central Government hereby makes

Seeks to levy safeguard duty on imports of Seamless Pipes and Tubes into India for a period of two and a half years

August 13, 2014 1060 Views 0 comment Print

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government after considering

To notify the rate of interest to be paid on refund of Pre-deposit made under Section – 129E of the Customs Act, 1962

August 12, 2014 7351 Views 0 comment Print

In exercise of powers conferred by section 129EE of the Customs Act, 1962 (52 of 1962), the Central Government hereby fixes the rate of interest at six percent per annum for the purpose of the said Section.

To notify rate of interest to be paid on refund of Pre-deposit made under Section – 35F of the Central Excise Act, 1944

August 12, 2014 8560 Views 0 comment Print

In exercise of powers conferred by section 35FF of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby fixes the rate of interest at six percent per annum for the purpose of the said Section.

Company Law Settlement Scheme (CLSS), 2014

August 12, 2014 23591 Views 0 comment Print

At the conclusion of the Scheme, the Registrar shall take necessary action under the Companies Act, 1956/ 2013 against the companies who have not availed this Scheme and are in default in filing these documents in a timely manne

Govt. notifies India-Fiji DTAA

August 12, 2014 1256 Views 0 comment Print

Notification No. 35/2014-Income Tax Whereas, an Agreement between the Government of the Republic of India and the Government of the Republic of Fiji for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income was signed in India on the 30th day of January, 2014 (hereinafter referred to as the Agreement);

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