Notification No.189/2005 – Income Tax In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent. of the average rise in the Consumer Price Index for the Financial Year commencing from the 1st day of April, 2004 and ending on the 31st day of March 2005 for the urban non-manual employees
India imposes a ban on livestock products due to avian flu under Notification No. 19 (RE-2005), including poultry, eggs, and related items from affected countries.
Public Notice No. 38(RE-2005)/2004-09 adds Sandeep Garg & Company and its branch to Appendix 5 of the Handbook of Procedures for 2004-09.
Powers for the purpose of adjudging a penalty under Chapter V of the Finance Act Date: 10th August, 2005 Notification No. 30/2005-Service Tax GSR 527(E) In exercise of the powers conferred by section 83A of the Finance Act, 1994 (32 of 1994), the Central Board of Excise and Customs hereby confers on the Central Excise […]
In order to facilitate the unitholders to claim the tax benefit associated with payment of STT, it has now been decided to allow mutual funds to share the UCC of their schemes/plans with their unitholders.
Attention is invited to Board’s Circular No. 75/5/2004-ST dated 03.03.2004 which specifies that only Assistant Commissioner or Deputy Commissioner of Central Excise is empowered to issue a demand notice and adjudicate such notice under section 73 of the Finance Act, 1994 (hereinafter referred to as the said Act)
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-2009 and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendments/correction/addition etc in the Book titled “Schedule of DEPB rates.
The Bank will decide at which centre the gold is to be sold based on various cost / other factors and will also exercise its discretion/ judgment as to (a) when to sell (b) at what price to sell. Although it has to be borne in mind that gold prices can fluctuate significantly even during the course of a single day, the Bank will use its discretion/ market knowledge to get the benefit of the “best” possible price. The concerned Commissioner will, post – sale, make an evaluation as to whether, in view of the range of prices prevailing at the time of sale, the “best” possible sale has been made. The above arrangement will be reviewed as and when necessary through mutual discussion.
Notification No.188/2005 – Income Tax S.O. 1114(E).— In exercise of powers conferred by the sub-clause(1) of clause(15) of section 10 of the Income tax Act, 1961(43 of 1961), the Central Government hereby specifies the India Millennium Deposits, being bank instruments representing foreign currency denominated deposits in the form of promissory notes, issued by the State Bank of India, a bank constituted under section 3 of the State Bank of India Act, 1955(23 of 1955) as deposits for the purposes of the said sub-clause
Notification No.187/2005 – Income Tax S.O.1111(E).— 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 approves the institutions mentioned in column (2) of the Table below and specifies the eligible
