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Notifications/Circulars

MCA provides One time opportunity for extension of Period of Reservation of Name

May 18, 2014 4383 Views 0 comment Print

Services for incorporation of companies were not available on the MCA 21 portal to stakeholders from 1st April, 2014 to 28th April, 2014 because of the deployment requirements for new E-forms. Many stakeholders had reserved names for the purpose of Company incorporation with 60 days prescribed validity expiring during the above mentioned period.

CBDT Orders Posting of 195 Commissioners and JCIT

May 17, 2014 8404 Views 0 comment Print

The CBDT has vide Order No. 69 of 2014 dated 16.05.2014 ordered the postings of 47 officers of the grade of Commissioner/ Director of Income-tax.These officers were earlier promoted vide order no. 32 of 2014 dated 20th February, 2014. Download Order No. 69 of 2014 dated 16.05.2014

Seeks to levy provisional anti-dumping duty on imports of phenol, originating in or exported from Chinese Taipei and USA for a period of six months

May 16, 2014 472 Views 0 comment Print

For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India

Notification No. 22/2014-Customs (ADD) Dated: 16.05.2014

May 16, 2014 631 Views 0 comment Print

The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency.

Notification No. 21/2014-Customs (ADD), Dated: 16.05.2014

May 16, 2014 823 Views 0 comment Print

Whereas, the designated authority vide notification No.15/32/2013-DGAD dated 17th April, 2014, published in Gazette of India, Extraordinary, Part I, Section 1

SEBI : Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

May 16, 2014 913 Views 0 comment Print

Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement.

Mothers name on PAN card – New Form 49A & 49AA WEF 16.05.2014

May 16, 2014 45289 Views 19 comments Print

Notification No. 26/2014-Income Tax CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014 , Dated- 16-5-2014. Revised Form 49A and 49AA provides option to get printed Mothers Name on PAN card. So those applying for New PAN card or for revised PAN card have the option to get printed on their PAN card printed the name of his/her mother.

CIT to report Order Passed by him under section 264 to CCIT

May 16, 2014 3235 Views 0 comment Print

2. The statutory function under section 264 of the Act performed by the CIT is required to be reported by the CIT and also appraised by the supervisory Officers. Therefore, it has been decided to issue the following guidelines to be complied forthwith in respect of orders passed under section 264 of the Act:- a) The CIT shall prepare a brief of the orders passed under section 264 of the Act and report the same to the Principal Chief Commissioner of Income Tax/ Chief Commissioner of Income Tax (CCIT) in the monthly DO letter along with a copy of such order.

External Commercial Borrowings (ECB) from Foreign Equity Holder – Simplification of Procedure

May 16, 2014 2226 Views 0 comment Print

As per the extant ECB policy, ECBs from direct foreign equity holders (FEHs) are considered both under the automatic and the approval routes, as the case may be. ECBs from indirect equity holders and group companies and ECBs from direct FEH for general corporate purpose are, however, considered under the approval route. Further, any request for change of the ECB lender in case of FEH requires RBI’s approval.

Notification No. 42/2014-Customs (N.T.) Dated: 15.05.2014

May 15, 2014 520 Views 0 comment Print

25 Vaisakha, 1936 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001- Customs (N.T.), dated the 3rd August, 2001

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