Notification No. 70/2013 – Income Tax “Note:- 1. ‘Alphabet’ mentioned in serial no.2 and 2A of the Schedule means the alphabet, with which the first name of the person begins the prefix titles such as Shri, Smt., M/s etc. shall be ignored for this purpose. 2. In the case of officers of Government Ministries, Departments, Organisations, Local bodies, Institutions, the Alphabet with which the name of Ministries, Departments, Organisations, Local bodies, Institutions, as the case may be, begins e.g. for Drawing and Disbursement Officers in the Ministry of Defence, Alphabet shall be ‘D’.”
Notification No. 71/2013 – Income Tax In the said notification, in Schedule-2, for serial numbers 10, 14, 15, 16 and 18 and the entries relating thereto, the following serial numbers and entries shall respectively be substituted, namely:-
It is hereby clarified that with effect from 12.09.2013, the relevant provisions of the companies Act, 1956, which correspond to provisions of 98 sections of the companies Act, 2013 brought into force on 12.09.2013, cease to have effect from that date.
Notification No. 73/2013 – Income Tax 1. (1) These rules may be called the Income-tax (16th Amendment) , Rules, 2013. They shall come into force from the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, (A) in Part-II, in sub-part D relating to special cases, after rule 10T, the following rules shall be inserted, namely:- Safe Harbour Rules
The existing definition of infrastructure sector for the purpose of availing ECB includes: (i) power, (ii) telecommunication, (iii) railways, (iv) road including bridges, (v) sea port and airport (vi) industrial parks (vii) urban infrastructure (water supply, sanitation and sewage projects),
Regional Rural Banks and State / Central Cooperative Banks authorized to open / maintain NRE/NRO accounts, may open a Non Resident Ordinary (NRO) bank account of a foreign student on the basis of his/her passport (with appropriate visa & immigration endorsement) which contains the proof of identity and address in the home country along with a photograph and a letter offering admission from the educational institution.
I am directed to invite your attention to the amendments to sections 9A, 20 and 21 of the Central Excise Act, 1944 vide the Finance Act, 2013. A new sub-section (1A) has been inserted in section 9A to specify that the offences relating to excisable goods, where the duty involvement exceeds Rs. fifty lakh and which are punishable under clause (b) or clause (bbbb) of sub-section (1) of section 9, are cognizable and non-bailable. For ease of reference, clause (b) and clause (bbbb) of sub-section 9(1) as well as new sub-section 9A (1A)
the existing paragraph 2A shall be renumbered as paragraph 2AB thereof and before paragraph 2AB as so renumbered, the following paragraph shall be inserted, namely:-
NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act shall be amended in the following manner, namely:-
CBEC vide Circular No. 171/6/2013-ST dated 17.09.2013 has provided the guidelines for arrest and bail in relation to section 90 and 91 of the Finance Act, 1994 as amended by Finance Act, 2013. The Circular lays down that since arrest impinges on the personal liberty of an individual, this power must my exercised carefully. The […]
