this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the Institution and separate books of account are maintained in respect of such business
This notification is applicable only to the recipients of income on behalf of the Institution and not to any other recept or income of such recipients. Taxability or, otherwise of the income of the Institution would be separately considered as per the provisions of the Income-tax Act, 1961
This notification is applicable only to the recipients of income on behalf of the Institution and not to any other receipt or income of such recipients. Taxability or, otherwise of the income of the Institution would be separately considered as per the provisions of the Income-tax Act, 1961
This notification is applicable only to the recipients of income on behalf of the Institution and not to any other receipt or income of such recipients. Taxability or, otherwise of the income of the Institution would be separately considered as per the provisions of the Income tax Act, 1961
Enclosed please find a copy of the gazette notification no. S.O.1332 (E) dated August 21, 2006 pertaining to SEBI (Foreign Institutional Investors) (Amendment) Regulations, 2006 for your information and necessary action.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-2009, the Director General of Foreign Trade hereby amends the Aayaat Niryat Form, notified in the Handbook of Procedures, Vol-I (RE-06), 2004-2009, as per following details.
The imports of vanaspati including bakery shortening and margarine under Indo Sri Lanka Free Trade Agreement made since 1.4.2006 shall be adjusted against overall quantitative limit arrived between the two Governments for export of these items from Sri Lanka to India under Indo-Sri Lanka Free Trade Agreement and guided by the modalities to be fixed in this regard.
The facility of DTA sale to EOUs is available against physical export of goods manufactured in EOU and earning positive net foreign exchange. Exports effected through third party and foreign exchange realized in the name of the third party for those goods which have been manufactured in the EOU and are directly transferred from the unit to the port of shipment are eligible exports and this export is also counted for the purpose of fulfillment of export obligation of EOU. The EOU is, therefore, eligible to get DTA sale benefits on exports effected through third party.
The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R. 118(E), dated the 1st March, 2002 and was last amended by notification No.92/2006-Customs, dated the 6th September, 2006 which was published in the Gazette of India, Extraordinary vide number G.S.R.536(E), dated the 6th September, 2006.
In exercise of powers conferred by sub-section (1) read with sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18, 20 and 22 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue).
