However, the company may supply single copy of complete and full Balance Sheet and Profit & Loss Account and Director’s Report to shareholders residing in one household (i.e. having same address in the Books of the Company/Registrars /Share transfer agents.
Exporters eligible for green card in terms of paragraph 4.23 and 14.4 of the Policy may apply for the same in the application form given in Appendix- 56. Such application shall be filed with Regional Licensing Authorities under whose jurisdiction the Head office/Registered Office of the firm/company is located. The green card holders shall be eligible for issuance of automatic licence in terms of paragraph 4.26. They shall also be eligible for other benefits as may be announced from time to time.
Circular No. 456/22/99-CX Representation have been received from the trade regarding difficulties faced in availing of benefit of exemption applicable of goods manufactured at the site of construction for use in construction work at such site vide Notification No. 5/98-CE dated 2.6.98 (S.No.182). It has been stated that the beams / girders or other fabrication work are not presently manufactured at the site due to traffic problems it could cause (especially in case of flyovers at busy road junctions).
The Accounting Standards Committee constituted by SEBI under the Chairmanship of Shri Y. H. Malegam has recommended that the Compliance Officer to be appointed in compliance with the aforesaid circular shall be the Company Secretary of the company.
The issues raised in these representations have become all the more significant in view of the requirement for greenfield software closely held companies to raise money from the public.
Notification No.10926 – 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 corrections to the Notification No. 10826 dated 15th March, 1999 [published at (1999) 152 CTR (St) 220] as subsequently corrected by Corrigendum No. 10881 dated 29th April, 1999 [published at (1999) 153 CTR (St) 26]
For the purpose of verification of the grade of the imported silk, the Custom authorities shall accept the Certificate issued by any of the internationally recognised agencies to be notified in this regard. Where there is no such certificate the Custom authorities shall draw samples from the import consignment as per procedure prescribed by Central Silk Board and testing will be carried out by Central Silk Board as per procedure laid down by International Silk Association.
Representations from Trade Associations and references from the field offices have been received n the Board to extent various facilities under DEPB Scheme to additional Customs Stations
Notification No.S. O. 331(E) – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax, 1961 (43 of 1961), the Central Government specifies
Notification No.S. O. 1376 – 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 corrections to the Notification No. 10826, dated 15-3-1999 as subsequently corrected by corrigendum No. 10881, dated 29th April, 1999
