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Notifications/Circulars

CBEC promotion to Assistant Commissioners for years 2002-2004

March 20, 2014 1459 Views 0 comment Print

The Board is in the process of finalizing a proposal for holding DPC for ad-hoc promotion to the grade of Commissioner for the vacancy year 2013-14 and Joint Commissioner for the vacancy year 2014-15.

CBDT Notifies Andhra Pradesh State AIDS Control Society’ for exemption U/s 10(46)

March 20, 2014 739 Views 0 comment Print

Notification No. 17/2014-Income Tax SO 861(E) – In exercise of the powers conferred by clause (46) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Andhra Pradesh State AIDS Control Society a body constituted by the Government of Andhra Pradesh in respect of the following specified income arising to that Society, namely:—

Amendment in Meaning of term ‘Training Institute’ for Skill Development Project under Sec. 35CCD R.W. rule 6AAH

March 20, 2014 1864 Views 0 comment Print

Notification No. 16/2014-Income Tax In the Income-tax Rules, 1962, in rule 6AAH, – (A) for the clause (ii), the following clause shall be substituted, namely:- ‘(ii) Training institute” means a training institute, – (a) set up by the Central Government or a State Government or a local authority;

CBDT notifies Ace Derivatives and Commodity Exchange Ltd.’ for trading of commodity derivative U/s. 43(5)

March 20, 2014 1003 Views 0 comment Print

Notification No. 15/2014-Income Tax entral Government hereby notifies the Ace Derivatives and Commodity Exchange Limited, Ahmedabad as a recognised association for the purposes of clause (e) of the proviso to clause (5) of the section 43(5), with effect from the date of publication of this notification in the Official Gazette.

Rate of exchange of conversion of each of foreign currency wef 21st March, 2014

March 20, 2014 2209 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance

Anti-dumping duty on imports of ‘Sodium Nitrate’ from EU, China, Ukraine and Korea

March 19, 2014 859 Views 0 comment Print

Notification no. 14/2014 – Customs (ADD), Dated- 19th March, 2014 Seeks to levy provisional anti-dumping duty on imports of ‘Sodium Nitrate’, originating in, or exported from, the European Union, the People’s Republic of China, Ukraine and Korea RP , for a period of six months

Anti-dumping duty on imports of ‘Red Phosphorous’ from China

March 19, 2014 763 Views 0 comment Print

Notification No. 13/2014-Customs (ADD), Dated- 19th March, 2014 Seeks to levy definitive anti-dumping duty on imports of ‘Red Phosphorous, excluding red phosphorous used in electronic applications’, originating in, or exported from, the People’s Republic of China for a period of five years

Karvy guilty of irregularities in IPO; Barred for 6 Month to do business as stock broker

March 18, 2014 2513 Views 0 comment Print

SEBI had conducted a preliminary examination, upon noticing certain irregularities with respect to IPO of different companies. A few individuals/ entities (referred to as ‘the key operators’) had opened various demat accounts (referred to as ‘afferent accounts’) in fictitious/ benami names and cornered/ acquired the shares of IPOs in the category of retail investors using these accounts.

CBDT clarification on export of computer software in relation to Sec 10A, 10AA, 10B

March 16, 2014 2496 Views 0 comment Print

A clarificatory Circular No. 01/2013 dated 17.01.2013 was issued by CBDT to address various contentious issues leading to tax disputes in cases of entities engaged in export of computer software which are availing tax-benefits under sections 10A, 10AA and 10B of the Income-tax Act, 1961.

ROC froms to be processed by respective ROC/RD/Central Government officials wef 25.03.2014

March 15, 2014 3245 Views 0 comment Print

MCA has displayed a notice on its website on 25.03.20145 which says that w.e.f. 25.03.2014 ‘All forms under RSUB/PUCL would be marked back to respective officials of the ROC/RD/Central Government as the case may be starting midnight 25 Mar 14. The forms would be processed by the respective officials. However, “Form FTE”, “Form EES2010”, “Form […]

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