Notification No.10865 – Income Tax In exercise of the powers conferred by the first proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the immovable properties, referred to below as immovable properties, for the purposes of clause (i) of the said proviso
Notification No. 10864/1999 – Income Tax In exercise of the powers conferred by the first proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following areas for the purposes of the said proviso, namely
Listing agreement entered into between companies and the stock exchanges is an important instrument for investor protection and corporate governance.
During the review of Exim Policy for the year 1999-2000, Ministry of Commerce have recommended that under DEPB Scheme, imports may be allowed to clear goods stored in a custom bonded warehouse by adjusting customs duty in a DEPB scrip. Similar facility is already available under the Advance Licensing Scheme
Circular No. 452/18/99-CX I am directed to invite reference to Board”s Circular No. 410/43/98-CX dated 30.7.98 regarding finalization of pending assessments on the basis of orders issued by Central Board of Excise and Customs under Section 37B. It was clarified that an order issued under Section 37B has only prospective effect from the date of its issue, however, demands can be raised for the last six months under section 11A of Central Excise Act, 1944.
Notification No. 3 (RE-99) 1997-2002 updates import conditions for specific items under Special Import License (SIL) based on C.I.F. value.
Circular No. 451/17/99-CX I am directed to say that the trade and industry has represented that often different duty-paid excisable goods manufactured in two different units of a manufacturer/management are required to be loaded in the same conveyance for delivery to the consignee. Under the present rule 173H(3), the Chief Commissioner is empowered to give such permission.
Notification No. 10862/1999 – Income Tax It is notified for general information that M/s SREI Home Finance Ltd., “Vishwakarma” 86C, Topsia Road (South), Calcutta—700046, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1999-99, 1999-2000 and 2000-2001
Notification No. 1048/1999 – Income Tax It is notified for general information that SREI Home Finance Ltd., “Vishwakarma”, 86C, Topsia Road (South), Calcutta-700046, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1999-99, 1999-2000 and 2000-2001
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, Part –II-Section 3-Sub-Section(ii) vide S.O No. 283 (E) dated 31.3.1997, the Director General of Foreign Trade hereby makes the following amendment in Appendix – 28A under heading “ProductGroup: Electronics” ” Product Code: 83″ in the Handbook of Procedures.
