exercise of the powers conferred by sub-clause (viii) of clause (10C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Indian Institute of Management, Bangalore, for the purposes of the said clause.
Circular No. 692-Income tax Reference is invited to the Board’s Circular No. 655, dated the 26th August, 1993, regarding deduction of income-tax at source from the payment of interest on securities for the financial year 1993-94.
Circular No. 78/78/94-CX I am directed to state that the Supreme Court in their judgement dated 1.9.94 in Civil Appeal No. 3197 of 1986 with C.A. Nos. 19-22/80, 3331/84, 3464/88, 1384-85/87, 3963/90 and 2867/91 has deicded the dispute arising out of High Court”s orders and CEGAT”s orders on the scope of term “Job-work” pertaining to the Notification 119 of 75
In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Government hereby appoints the airport mentioned in column (3) of the Table annexed here to, situated in the State or, as the case may be, the Union territory, specified in the corresponding entry in column (2) of the said table, to be Customs airports for the purpose specified in the corresponding entry in column (4) of the said table.
Notification No. S.O.1142-Income Tax In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Press Trust of India Ltd., New Delhi, as a news agency set up in India soley for collection and distribution of news for the purposes of the said clause for the assessement years 1994-95, 1995-96 and 1996-97.
Circular No. 77/77/94-CX It has been brought to the notice of the Board that scrap generated by breaking of a ship etc. is not being allowed deemed modvat credit by certain field informations. The ship-breakers have also represented to the Board
the unit shall be required to have a premise(s) duly bonded under section 58 of the said Customs Act, for storage, of imported or domestically procured inputs and capital equipment and, of final products manufactured or produced therefrom.
Circular No. 76/76/94-CX 57 H of the Central excise Rules 1944 deals with transitional provisions. The present amendment to the said rule, inter alia, permits acceptance of any invoice” or “any document as may be prescribed by the Central Board of Excise and Customs as valid document under Rule 57G.
Circular No. 75/75/94-CX I am directed to refer to Circular No.9/89 (F.No.14/10/8-CX-1) dated 25.7.89 on the subject noted above and to say that the matter has been further examined by the Board.
Circular No. 73/73/94-CX In the All India Conference of Collectors (Appeals) held recently at Bangalore on 6th and 7th October 1994, the Collectors (Appeals) complained that the copies of Board”s instructions, notifications, circulars etc. are not being endorsed to them
