AMC boards may develop a mechanism to verify that due diligence is being exercised while making investment decisions.
Notification No. 2061-Income Tax It is hereby notified for general information that the organisations mentioned below has been approved by the prescribed authority under rule 6 of the Income-tax Rules, 1962, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, under the category “Institution” subject to the following conditions
In exercise of the powers conferred by sub-clause (a) of sub-^ci-ion (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in super-session of the Notification of the Government of India in the Ministry of Finance (Department of Revenue)
I am directed to invite your attention on the subject mentioned above and to state that a case was referred to for clarification on certain doubts regarding levy of interest for delayed payment of duty under Section 47(2) of the Customs Act, 1962 where the bill of entry for certain imports was assessed provisionally denying the benefits of EPCG scheme, as EPCG license was not produced at the
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 supersession of the Notification of
-In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section642 of the Companies Act, 1956 (1 of 1956), the CentralGovernment hereby makes the following rules further to amend the Companies (Central Government’s) GeneralRules and Forms, 1956, namely.
The last para of the format of the review report has been partially modified by substituting the word “misstatement” with “material misstatement” and the last para of the format of the review report.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.1) (RE-2000), 1997-2002.
Notification No. 1793-Income Tax It is notified for general information that the enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2000-2001, 2001-2002 and 2002-2003.
Notification No 1792-Income Tax It is notified for general information that the enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.
