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Notifications/Circulars

Redress of investor grievances through SEBI Complaints Redress System (SCORES)

April 18, 2013 820 Views 0 comment Print

A scanned copy can be sent by email to scores@sebi.gov.in followed by hard copy to Office of the Investor Assistance and Education, Securities and Exchange Board of India, Plot No. C4-A, G Block, Bandra Kurla Complex, Mumbai 400 051

A company not in dominant position if there are number of Companies providing similar services

April 17, 2013 606 Views 0 comment Print

Learned counsel very earnestly argued that the CCI was incorrect in firstly deciding upon the relevant market and secondly on the aspect of the respondent being a dominant player in the market. The learned counsel wanted to rely on the prospectus of the respondent which, in our view, would be an irrelevant document to decide the dominance in the market. The informant was expected to point out as to how the respondent enjoyed the dominant position in the market, by collection of evidence and the facts. That unfortunately seems not to have been done by the informant. We cannot find fault, under the circumstances, with the finding of the CCI that the respondent was not enjoying the dominant position in the market. Once that factual position is arrived at, there will be no question of contravention of Section 4 of the Act. If the respondent was not dominant, there was no question of the abuse of dominance.

SEBI : Notification regarding establishment of Local Office of Board at Lucknow

April 17, 2013 460 Views 0 comment Print

No. LAD-NRO/GN/2013-14/04/5655.– In exercise of the powers conferred by sub-section (4) of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Lucknow under the administrative control of its Northern Regional Office at New Delhi.

SEBI : Redress of investor grievances through SEBI Complaints Redressn System (SCORES).

April 17, 2013 493 Views 0 comment Print

Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Vacancy Circular for selection for post of Members Judicial/Accountant of ITAT

April 17, 2013 4396 Views 0 comment Print

In exercise of the powers conferred by section 252 of the Income-tax Act, 1961, the Central Government has constituted the Income Tax Appellate Tribunal to hear appeals against the orders passed by various authorities stated in section 253 of the Act.

Part A of Form 16 to be generated from TRACES portal & Part B Manually

April 17, 2013 47168 Views 7 comments Print

CIRCULAR NO. 4/2013-Income Tax The deductor, issuing the Part A of Form No. 16 by downloading it from the TRACES Portal, shall, before issuing to the deductee authenticate the correctness of contents mentioned therein and verify the same either by using manual signature or by using digital signature in accordance with sub-rule (6) of Rule 31.

Govt further slashes tariff value of gold, silver in view of falling global prices of precious metals

April 17, 2013 751 Views 0 comment Print

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

Tax on service provided by way of erection of pandal or shamiana – regarding

April 16, 2013 6780 Views 1 comment Print

The Central Board of Excise and Customs has clarified that the activity of providing pandal and shamiana along with erection thereof and other incidental activities is a declared service [section 66E(f)] liable to service tax and not deemed sale involving “transfer of right to use goods”. The Board has explained that such an activity is […]

DVAT – No Security to be furnished by dealers, who apply online for registration up to 30.06.2013

April 16, 2013 700 Views 0 comment Print

No security would be required to be furnished by such dealers, who apply online for registration with the Department up to the 30th of June, 2013. However, the dealers, who apply for registration manually, shall furnish the prescribed security, in the usual manner.

SEBI Mutual Fund Regulations amended; Units of infrastructure debt scheme may be offered via private placements

April 16, 2013 777 Views 0 comment Print

1. These Regulations may be called the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2013. 2. They shall come into force on the date of their publication in the Official Gazette.

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