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Notification No. S.O. 301(E), dated 08/02/2011

February 8, 2011 1119 Views 0 comment Print

NOTIFICATION NO. SO 301(E), DATED 8-2-2011- In exercise of the powers conferred by sub-section (3) of section 211 of the Companies Act, 1956 (1 of 1956), the Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts following classes of companies from disclosing in their profit and loss account the information mentioned under column (3), against each class of companies mentioned under column (2) of the table given below subject to fulfillment of the conditions stipulated in paragraph 2 of this notification namely:-

Notification No. S.O. 300(E), dated 08/02/2011

February 8, 2011 748 Views 0 comment Print

NOTIFICATION NO. SO 300(E), DATED 8-2-2011- Central Government, being of the opinion that it is necessary to grant exemption in the public interest, hereby exempts Public Financial Institutions as specified under section 4A of the Companies Act, 1956 from disclosing Investments as required under paragraph (1) of Note (1) of Part-I of Schedule VI in their balance sheet subject to fulfillment of the following conditions, namely:-

Notification No. G.S.R. 70(E), dated 08/02/2011

February 8, 2011 1204 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 641 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendments in Schedule XIII to the Companies Act, 1956, namely:—

CCI (Manner of Recovery of Monetary Penalty) Regulations, 2011 notified

February 8, 2011 994 Views 0 comment Print

NOTIFICATION NO. R-40007/REG-RECOVERY/NOTI/04-CCI, DATED 8-2-2011- These regulations may be called the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2011. (2) They shall come into force on the date of their publication in the Official Gazette.

Notification No. 7/2011 – Income Tax Dated 07/02/2011

February 7, 2011 526 Views 0 comment Print

Notification No. 7/2011 – Income Tax S.O. It is hereby notified for. general information that the organization Fluorosis Research & Rural Development • Foundation, Delhi has been approved,by the Central Government for the purpose of clause (ii) of sub-section (1) of section. 35 of the Income-tax Act, 1961 (said Act), read with Rules SC and SE of the income-tax Rules, 1962 said Rules), from Assessment Year

Notification No. 8/2011- Income Tax Dated 7/2/2011

February 7, 2011 2799 Views 0 comment Print

Notification No. 8/2011- Income Tax It is hereby notified for general information that the organization Kelkar Education Trust, Mumbai has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962 (said Rules), from assessment year 2010-11 and onwards in the category of ‘Other Institution’, partly engaged in research activities subject to the following conditions namely:—

Regarding anti dumping duty on Barium Carbonate originating in, or exported from, People’s Republic of China

February 7, 2011 696 Views 0 comment Print

The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty, that is, the 23rd March, 2010, and shall be payable in Indian currency.

Notification No. 05/2011-Customs Dated: 07/02/2011

February 7, 2011 732 Views 0 comment Print

Whereas, the designated authority vide notification No. 15/15/2010-DGAD, dated the 1st December,2010, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 1st December,2010

Director's Relatives (Office or Place of Profit) Rules, 2003

February 5, 2011 2993 Views 0 comment Print

In exercise of the powers conferred by clause (b) of sub-section (1) of section 642, read with sub-section (1B) of section 314 of the Companies Act, 1956, the Central Government hereby make the following rules, namely:— 1. Short title and commencement.— (1) These rules may be called Director’s Relatives (Office or Place of Profit) Rules, 2003. (2) They shall come into force on the date of their publication in the Official Gazette.

Classification of loans against gold jewellery

February 2, 2011 5701 Views 0 comment Print

RPCD.CO.Plan.BC. 51/04.09.01/2010-11 It is clarified that loans sanctioned to NBFCs for on-lending to individuals or other entities against gold jewellery, are not eligible for classification under agriculture sector. Similarly investments made by banks in securitised assets originated by NBFCs, where the underlying assets are loans against gold jewellery, and purchase/assignment of gold loan portfolio from NBFCs are also not eligible for classification under agriculture sector.

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