Notification No. 252-Income Tax In the Notification of Government of India, in the Ministry of Finance (Department of Revenue), (Central Board of Direct Taxes) number S.0.812(E) dated 14thJuly, 2004 published at pages 1 to 17 in the Gazette of India Extraordinary, Part II, Section 3, Sub-section (ii) dated the 14th July, 2004
Based on the queries/ suggestion received as regards clause (f) under “Reconstitution of Governing Board” of the above referred circular, it is hereby clarified that the Public Representative on the Boards of Subsidiary Companies will continue till the time new Public Representatives are appointed in their place.
when exported from the countries as specified in the corresponding entry in column (6), by the exporters as specified in the corresponding entry in column (8), and imported into India, an anti-dumping duty at a rate which is equivalent to the difference between, the amount as specified in the corresponding entry in column (9), in the currency as specified in the corresponding entry in column (11) and per unit of measurement as specified in the corresponding entry in column (10)
Notification No. 251-Income Tax In exercise of powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the The South Arcot Diocesan Corporation Cuddalore, Tamil Nadu for the purpose of the said sub-clause for the assessment year 1996-1997 to 1998-1999 subject to the following conditions
Notification No. 250-Income Tax S.O. 1067(E). -In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
The existing DEPB rates of 5% of Entry at Sl. No.2 of the “Fish and Fish Products (Product Code: 66)” was given retrospective effect from 3rd May 2003 vide Public Notice No.67 (RE: 03/2002-2007) dated 21st June 2004. Subsequently, vide Public Notice No.76 (RE: 03/2002-2007) dated 12th August 2004, this decision was kept in abeyance till further orders.
For the purpose of this notification, the anti-dumping duty shall be calculated in Indian currency and the rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962.
In exercise of powers conferred by the second proviso to sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975), read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for determination of Injury) Rules, 1995.
Circular No. 5 of 2004-Income Tax A non-resident entity may outsource certain services to a resident Indian entity. If there is no business connection between the two, the resident entity may not be a Permanent Establishment of the non-resident entity, and the resident entity would have to be assessed to income-tax as a separate entity.
all resident investors not being bodies corporate who enter into any securities market transaction (including any transaction in the primary market or secondary market in any listed securities and any transaction in units of mutual funds or collective investment schemes) of value of one lakh