As specified in Schedule III under regulation 15(1)(a) of SEBI (Stock brokers & Sub- Brokers) Rules & Regulations , 1992, these registered sub-brokers have to pay the renewal fees of Rs 1000/- on or before the 1st day of October 1994.
Supplies of goods to any project or purpose in respect of which the Ministry of Finance, by a notification, on or after 20th June, 1994, permits the import of such goods at zero customs duty, coupled with the extension of benefits under Chapter 8 of the Export and Import Policy 1 April 1997 – 31 March 2002 published by the Government of India under Ministry of Commerce Notification No. 1 /1997-2002 dated 31st March 1997 as amended from time to time for domestic supplies.
Circular No. 684-Income Tax III. Rates for deduction of income-tax at source from “Salaries”, computation of “advance tax” and charging of income-tax in special cases during the financial year 1994-95 6. The rates for deduction of income-tax at source from “Salaries” during the financial year 1994-95 and also for the computation of “advance tax” payable during that year in the case of all categories of taxpayers, have been specified in Part III of the First Schedule
Circular No. 683-Income tax The Board had issued two circulars, Circular No. 523, dated October 5, 1988 (Annex I) and Circular No. 576, dated August 31, 1990 (Annex II) in connection with the procedure to be followed in respect of grant of ‘consent’ by the Central Government in cases involving financial assistance to be given under Direct Tax Laws for rehabilitating sick industries under Sick Industrial Companies (Special Provisions) Act, 1985 (SICA)
Notification No. S.O.434(E)-Income Tax In exercise of the powers conferred by section 115K and by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :— This notification contains Amendment to Income-tax Rules, 1961 carried out on 7-6-1994 not reproduced here as it is already contained in the body of the rules itself.
Circular No. 42/42/94-CX If the ‘Tajima’ brand embroidery machine is considered as vertical type then the fabrics embroidered on the said machine are to be classified under heading 58.05 attracting ‘Nil’ rate of duty.
Government of India have issued norms relating to Multiple Membership in Stock exchanges vide F No : 1/26/SE/91 dated 12.9.1991 which interalia stipulates eligibility criteria at (1)(a) that a member should have operated his membership for a peroid of at least 5 years before seeking membership to another Stock Exchange.
In respect of goods specified at Item numbers 16 to 22 of Annexure-I and transferred to the fields/ farms of the contract farmers, at any point of time as may be decided by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, the unit shall be required to account for the goods so transferred to the farms/ fields of the contact farmers.
Notification No. S.O.1406-Income Tax In exercise of the powers conferred by clause (viii) of sub-section (1) of section 36 of the Income-tax Act, 1961, the Central Government hereby approves Ind Bank Housing Limited, 178, Kodambakkam High Road, Nungambakkam, Madras, for the purpose of the said clause for the assessment years 1994-95, 1995-96 and 1996-97.
Notification No. S.O.1408-Income Tax In exercise of the powers conferred by clause (viii) of sub-section (1) of section 36 of the Income-tax Act, 1961, the Central Government hereby approves Vidarbha Housing Development Finance Company Limited, 1st Floor, Amar Palace, West Central Road, Dhantoli, Nagpur-440 012, for the purpose of the said clause for the assessment years 1991-92 to 1994-95.
