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Notifications/Circulars

Notification No. 92/2010-Income Tax Dated 23/12/2010

December 23, 2010 1363 Views 1 comment Print

Notification No. 92/2010-Income Tax It is hereby notified for general information that the organization Indira Gandhi National Centre of the Arts, New Delhi has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from assessment year 2010-11 onwards in the category of ‘Other Institution’, partly engaged in research activities subject to the following conditions

Notification No. 91/2010-Income Tax Dated 23/12/2010

December 23, 2010 427 Views 0 comment Print

Notification No. 91/2010-Income Tax – Indraprastha Institute of Information Technology, New Delhi has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from assessment year 2010-11 onwards in the category of ‘other Institution’, partly engaged in research activities subject to the following conditions, namely :—

Notification No. S.O. 3021(E)-Income Tax Dated 23-12-2010

December 23, 2010 851 Views 0 comment Print

Notification No. S.O. 3021(E)-Income Tax In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below

Insurance – Expenses of Management

December 22, 2010 777 Views 0 comment Print

ORDER NO. : IRDA/F&A/ORD/EMT/203/12/2010, DATED 8-12-2010 On the recommendation of the General Insurance Council vide letter dated November 22, 2010, the Authority hereby exercises powers vested under the proviso to section 40C(1) of the Insurance Act, 1938. In accordance therewith, the companies listed at Annexure shall be deemed to be not in violation of the […]

Excise Duty -Scope of Notification Nos.49/2003-CE and 50/2003-CE both dated 10.06.2003

December 22, 2010 5461 Views 0 comment Print

Kind attention is invited to Notification Nos. 49/2003-CE and 50/2003-CE both dated 10.06.2003 which provide full exemption from excise duties to goods cleared from industrial units in the states of Uttarakhand and Himachal Pradesh for a period of ten years from the date of commencement of commercial production. The exemption is available to new units set up or existing units which have undergone substantial expansion in terms of the said notifications and commence commercial production before the cut-off date, that is, on or before 31.3.2010

Insurance-Committee on Commercial Motor Third Party Liability Cover

December 22, 2010 576 Views 0 comment Print

Insurance : Committee on Commercial Motor Third Party Liability Cover ORDER NO. IRDA/NL/ORD/MPL/212/12/2010, DATED 17-12-2010 1. Offering Motor third party liability cover to commercial vehicles has been a challenge for non-life insurers in view of the tariff controls prevailing and non availability of credible data and statutory provisions. The Authority, vide direction dated 4th December […]

Notification No.101/2010 – Customs (N.T.) – Appoints adjudicatity in the matter of Show Cause Notice issued to Shri R. Ramaraj

December 22, 2010 511 Views 0 comment Print

Notification No.101/2010 – Customs (N.T.), New Delhi, dated the 22nd December, 2010. S.O. (E). – In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Central Excise, Salem to exercise the powers and discharge the duties conferred or imposed on them Commissioner of Customs, Tuticorin for the purposes of adjudicating the matters relating to Show Cause Notice issued to Shri R. Ramaraj,

Notification No.128/2010-Customs, dated 22-12-2010

December 22, 2010 463 Views 0 comment Print

G.S.R. 1002 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R.118 (E) dated the 1st March, 2002, namely:-

List of Companies Liable to Cost Audit for the financial year 2010-11

December 22, 2010 1869 Views 0 comment Print

It is hereby informed that in exercise of the powers conferred by sub-section (1) of section 233B of the Companies Act, 1956 (1 of 1956), the Central Government has issued Orders to the effect that an audit of the cost accounting records maintained by the following companies be conducted for the year ending 31st March, 2011 and also for every financial year thereafter in respect of the products indicated there against:

Conditions and modalities for applications for grant of export licence for export of Cotton

December 22, 2010 340 Views 0 comment Print

Exact modalities for submitting applications for grant of export licence would be notified once the quantity of exports already made has been ascertained and the extent of exportable surplus has been reassessed.

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