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Notifications/Circulars

Notification No. 41(RE-99) 1997-2002, Dated: 23.12.1999

December 23, 1999 400 Views 0 comment Print

Notification No. 41(RE-99) updates cotton import policy, requiring registration with Textile Commissioner Mumbai until March 31, 2000.

Circular No. 503/69/99-Central Excise, Dated; 23.12.1999

December 23, 1999 577 Views 0 comment Print

Circular No. 503/69/99-CX It is directed to say that various Commissionerates have brought to the notice of the Board that difficulties are being faced in the allotment of New ECC Number because the Central Excise assesses and the registered dealers do not have 10-characters alphanumeric Permanent Account Number (PAN) issued by the Income-tax Department. Several persons have quoted the old Pan/GIR of 8 or 12 characters whereas the New ECC Number should necessarily be based on the 10-characters alphanumeric PAN

SEBI : Hand Delivery Trades

December 22, 1999 544 Views 0 comment Print

In order to bring these trades under similar time schedule as the trades settling through Clearing House, all HDTs will have to be compulsorily settled with the clients’ custodians within two working days of the pay-out date for that settlement at that stock exchange.

Notification No. 11176/1999 – Income Tax Dated 20/12/1999

December 20, 1999 916 Views 0 comment Print

Notification No. 11176/1999 – Income Tax In exercise of the powers conferred by the Explanation below sub-section (1) of section 54G of the Income-tax Act, 1961 (43 of 1961), the Central Government having regard to the population, concentration of industries, need for proper planning of the area and other relevant factors, hereby declares the areas falling within the limits of Municipal Corporation mentioned in column (3) of the schedule hereto annexed and situated within the State shown in column (2) thereof, as urban areas for the purposes of

Notification No. 11175/1999 – Income Tax Dated 20/12/1999

December 20, 1999 403 Views 0 comment Print

Notification No. 11175/1999 – Income Tax It is notified for general information that enterprises/industrial undertakings listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

Notification No. 11174/1999 – Income Tax Dated 20/12/1999

December 20, 1999 469 Views 0 comment Print

Notification No. 11174/1999 – Income Tax Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), has framed and notified, by the notification of the Government of India in the Ministry of Industry (Department of Industrial Policy and Promotion) No. S.O. 1201(E), dated the 1st Dec., 1999 a scheme for industrial park

Notification No. S.O.3/1999 – Income Tax Dated 20/12/1999

December 20, 1999 778 Views 0 comment Print

Notification No. S.O.3/1999 – Income Tax In exercise of the powers conferred by the Explanation below sub-section (1) of section 54G of the Income-tax Act, 1961(43 of 1961), the Central Government, having regard to the population, concentration of industries need for proper planning of the area and other relevant factors, hereby declares the areas falling within the limits of Municipal Corporation mentioned in column (3) of

Notification No. S.O.2/1999 – Income Tax Dated 20/12/1999

December 20, 1999 439 Views 0 comment Print

Notification No. S.O.2/1999 – Income Tax It is notified for general information that enterprises/industrial undertakings, listed at para (3) below have 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, 2001-2002. 2. The approval is subject to the condition that- (i) the

SEBI : Floating of a subsidiary/company by a Stock Exchange to acquire the membership of other Stock Exchange

December 16, 1999 538 Views 0 comment Print

Please refer to our circular no. SMD-II/POLICY/CIR-37/99 dated November 26, 1999 whereby the Exchanges were permitted to promote a subsidiary/float a company to acquire membership rights of other Stock Exchange subject to fulfillment of certain conditions as stipulated therein.

Circular No. 502/68/99-Central Excise, Dated: 16.12.1999

December 16, 1999 3313 Views 0 comment Print

Circular No. 502/68/99-CX While reviewing an Order-in-Original passed by a Commissioner, it was observed that the said Commissioner made substantive changes in his order by issuing a corrigendum nearly 10 months after issue of the order-in-original. It was felt, prima facie, that the substantive changes brought about by the corrigendum may be beyond the scope of Section 154 of the Customs Act, 1962

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