Notification No. 69-Income Tax In exercise of the powers conferred by section 295 read with clause (12) and clause (25) of section 10 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
Nominee Directors appointed by the Public Financial Institutions and Companies established under the Acts of Parliament having non-obstante provisions over the Companies Act, 1956, like IDBI, LIC, UTI, IIBI etc., in their respective statutes shall not be liable to be disqualified for appointment as directors by virtue of Section 274(1)(g) of the Companies Act, 1956.
In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise Rules, 2002, the Board hereby makes the following amendment in the Notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 45/2001-Central Excise
These STEs/agencies shall export directly or through the registered exporters on the same terms and condition as laid down in earlier Notification No. 16(RE-2000)/1997-2002 dated 17.5.2000 except condition relating to time prescribed for export for which the date indicated in Para-3 will apply.
In exercise of the powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.10/2002-NT-Customs, [S.O.231(E)] dated the 25th February, 2002 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st April, 2002.
In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of Section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.9/2002-NT-Customs, [S.O.230(E)] dated the 25th February, 2002 the Central Government hereby.
Notification No. 68-Income Tax In exercise of the powers conferred in clause (23G) of section 10 of the Income-tax Act, 1961, the Central Government hereby makes the following correction in the name of the enterprise approved vide Notification No. 50/ 2002, dated 26th February, 2002.
The issue has been examined in the Board. It has been observed that the all Industry Rate of Duty Drawback in respect of complete bicycle under SS No.87.52 of the Drawback
Notification No. 67-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Maharashtra State Basketball Association, Matunga, Mumbai
Notification No. 59-Income Tax The Department of Foreign Affairs presents its compliments to the Embassy of India and has the honour to refer to the Convention between the Government of Ireland and the Government of the Republic of India for the Avoidance of Double Taxation and for the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital Gains
