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Dealers filing quarterly MVAT return to Pay VAT online from 1st October 2010

July 28, 2010 1168 Views 0 comment Print

In pursuance of the powers conferred by rule 45A of the Maharashtra Value Added Tax Rules, 2005, the Government of Maharashtra hereby specify that, with effect from the 1st October 2010, every registered dealer liable to file quarterly returns, shall make payment electronically of any amount under the Maharashtra Value Added Tax Act, 2002.

IT Notification No. 65/2010-Income-tax authorities – Jurisdiction of – Amendment in Notification No. S.O. 732(E), dated 3-7-2001

July 28, 2010 2918 Views 0 comment Print

Notification No. 65/2010-Income Tax In exercise of the powers conferred in sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments to the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes number S.O. 732(E), dated 3rd July, 2001, namely:-

Senior Citizens Savings Scheme (Amendment) Rules, 2010 – Amendment in rule 8

July 28, 2010 7620 Views 21 comments Print

Notification No. G.S.R. 639(E)-Income Tax In case of death of a depositor before maturity, the account shall be closed and deposit refunded on an application in Form ‘F’ alongwith interest as applicable to the scheme till the date on which the depositor expired, to the nominee or legal heirs in case the nominee has also expired or nomination as provided in rule 6 was not made, as the case may be. For the period between the day following the date of death of the depositor and the date on which refund is made, simple interest shall be paid at the rate applicable from time to time to saving accounts as provided in Rule 6 of Post Office Savings Accounts Rules, 1981”.

Loan facilities to the physically/visually challenged by NBFCs

July 27, 2010 694 Views 0 comment Print

NBFCs are therefore advised that there shall be no discrimination in extending products and facilities including loan facilities to the physically / visually challenged applicants on grounds of disability. NBFCs may also advise their branches to render all possible assistance to such persons for availing of the various business facilities.

Notification No. 62/2010-Income-tax authorities – Jurisdiction of – Amendment in Notification No. S.O. 732(E), dated 3-7-2001

July 27, 2010 841 Views 0 comment Print

Notification No. S.O. 62/2010-Income Tax In exercise of the powers conferred in sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments to the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes number S.O. 732(E) dated 3rd July, 2001, namely:-

Debts Recovery Tribunal (Procedure for Investigation of Misbehavior or Incapacity of Presiding Officer) Rules, 2010

July 27, 2010 780 Views 0 comment Print

If a written complaint, alleging any definite charges of misbehaviour or incapacity to perform the functions of the office in respcet of a Presiding Officer is received by the Central Government, it shall make a preliminary scrutiny of such complaint.

Custom Duty Notification No. 78 /2010 dated 27th July, 2010

July 27, 2010 502 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts the goods described in the Schedule annexed hereto, when imported into India for display or sale in the ‘INDIPEX 2011’

Customs – Notification No. 77/2010 – Regarding provisional anti-dumping duty on Poly Vinyl Chloride Paste Resin thereof, originating in, or exported from, People’s Republic of China, Japan, Republic of Korea, Malaysia, Russia, Taiwan and Thailand

July 26, 2010 634 Views 0 comment Print

Whereas in the matter of imports of Poly Vinyl Chloride Paste Resin (hereinafter referred to as the subject goods), falling under sub heading 3904 22 10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating in, or exported from, People’s Republic of China,

Notification No.76/2010-Customs, Dated-26th July, 2010

July 26, 2010 762 Views 0 comment Print

Whereas, in the matter of imports of Viscose Staple Fibre excluding Bamboo fibre (hereinafter referred to as the subject goods), falling under sub heading 5504 10 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act), originating in, or exported from, People’s Republic of China and Indonesia

Notification No. 30/2010–Central Excise; dated: 22.07.2010

July 24, 2010 523 Views 0 comment Print

(i) in paras (a) and (b), for the words Indian Oil Corporation Limited wherever they occur , the words any public sector oil company shall respectively be substituted; (ii)in the proviso, for the words Indian Oil Corporation Limited at both the places where they occur, the words such public sector oil company shall be substituted.

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