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Notifications/Circulars

Corrigendum to Notification No 17/2010 Service Tax

March 11, 2010 582 Views 0 comment Print

Notification No. 18/2010 – Service Tax In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 17/2010-Service Tax, dated the 27th February, 2010 published in the Gazette of India, Extraordinary, Part II, Section [More…] 3, Sub-section (i) vide number G.S.R. 161 (E), dated the 27th February, 2010, at page 159, in line 28, for “the buyer”,

Grant of ‘Certificate of Registration’ – For commencing business of credit information – Experian Credit Information Company of India Private Ltd

March 9, 2010 1033 Views 0 comment Print

As you are aware, Credit Information Bureau of India Ltd.(CIBIL) has been functioning as a Credit Information Company (CIC) from January 2001 onwards and banks and Financial Institutions have been reporting data to CIBIL as per our letters DBOD No. DL.BC.111/20.16.001/2001-02 and DBOD No. DL.BC.29 /20.16.002/2002-03 dated June 04, 2002 and October 1, 2002 respectively in this regard.

Investment Portfolio of Primary Dealers – Extension of HTM Category for PDs

March 9, 2010 445 Views 0 comment Print

Banks undertaking PD activities departmentally may continue to follow the extant guidelines applicable to banks in regard to the classification and valuation of the investment portfolio issued by our Department of Banking Operations and Development.

Income Tax Order No. 3/JS(FT&TR-II)/2010, dated 8-3-2010

March 8, 2010 979 Views 0 comment Print

Order No. 3/JS(FT&TR-II)/2010 In exercise of the powers conferred under section 144C of the Income-tax Act, 1961 read with Income-tax (Dispute Resolution Panel) Rules, 2009 issued through Notification No. 84/2009 [F.No. 142/22/2009-TPL]/S.O. 2958(E), dated 20-11-2009 and keeping in view the workload and efficient functioning of Dispute Resolution Panel (DRP) at Headquarters Delhi and Mumbai, the Board hereby directs that the following DRPs

Notification No. 13/2010-Income Tax Dated 5/3/2010

March 5, 2010 466 Views 0 comment Print

Notification No. 13/2010-Income Tax S.O. It is hereby notified for general information that the organization Public Health Foundation of India, 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 2009-2010 onwards

Notification No. 14-Income Tax Dated 5/3/2010

March 5, 2010 496 Views 0 comment Print

Notification No. 14-Income Tax S.O. It is hereby notified for general information that the organization Petroleum Conservation Research Association, 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 2009-2010

SEBI : Disclosure of details of allottees in Qualified Institutional Placements (QIP) made by issuer company

March 5, 2010 694 Views 0 comment Print

post issue shareholding pattern of the issuer in the format specified in clause 35 of the Equity Listing Agreement shall be made available on the website of stock exchanges along with the final placement document.

Repayment of Gold Loan

March 5, 2010 8053 Views 0 comment Print

State and Central Co-operative Banks grant loans for various purposes against the security of gold /gold ornaments as part of their lending policy. As per extant instructions (c.f. our circular RPCD.RF.BC.No.69/07.37.02/2002-03 dated January 31, 2003), banks charge interest at monthly rests on loans and advances granted for purposes other than agricultural and allied activities.

Indo-China Border Trade

March 5, 2010 361 Views 0 comment Print

The existing part of paragraph 1 i.e. “In terms of the provisions contained in the Foreign Trade Policy, import/export of the following locally produced commodities by the people living along both sides of Indo – China Border as per the prevailing customary practice will be allowed freely” is amended to read as” In terms of the provision contained in the Foreign Trade Policy, Import/Export of the following commodities by residents of border districts who are issued trade passes, as per the prevailing customary practice will be allowed freely”.

Now you have to Pay for rectification of mistakes in Form No. 1, 1A and 44 filed with ROC

March 5, 2010 673 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 642 read with sub-section (1) of 610B of the Companies Act, 1956, the Central Government hereby makes the Companies (Central Government’s) General Rules and Forms (Second Amendment), 2010 notifying the new form no. 68.

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