Notification & Circulars by Ravikumar.G

Section 10(15)(vii)

Section 10(15)(vii) of the Income-tax Act, 1961 - Exemptions - Interest on bonds issued by local authorities - Notified bonds NOTIFICATION NO. 6/2008, DATED 14-1-2008 In exercise of the powers conferred by sub-clause (vii) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 196..

Posted in Income Tax

CENVAT CREDIT (AMENDMENT ) RULES, 2008 – RULE 3

CENVAT CREDIT (AMENDMENT ) RULES, 2008 – RULE 3 NOTIFICATION NO. 35/ 2008-CENTRAL EXCISE (N.T.), DATED 24-9-2008 G.S.R. (E).- In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Gover..

Posted in Custom

CIRCULAR NO. SEBI/CFD/DIL/2008/ 25 /09, DATED 25-9-2008

APPLICATIONS SUPPORTED BY BLOCKED AMOUNT (ASBA) FACILITY IN RIGHTS ISSUES CIRCULAR NO. SEBI/CFD/DIL/2008/ 25 /09, DATED 25-9-2008 1. SEBI has introduced the facility of making applications through “Applications Supported by Blocked Amount” process, in book built public issues vide its circula..

Posted in Community & General

SERVICE TAX ISSUES RELATING TO UNITS IN SEZ - REG.

ERVICE TAX ISSUES RELATING TO UNITS IN SEZ - REG. CIRCULAR NO. 105/08/2008, DATED 16-9-2008 It has been observed that there has been lack of clarity in the field formations administering service tax as regards the applicability of service tax levy on units located in Special E..

Posted in Service Tax

NOTIFICATION NO. 94/2008, DATED 1-10-2008

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 94/2008, DATED 1-10-2008 It is hereby notified for general information that the organization Kasturba Health Society, Distt. Wardha, Mahara..

Posted in Income Tax

CIRCULAR NO. SEBI/IMD/FII & C/31/2008, DATED 7-10-08

REMOVAL OF RESTRICTIONS ON PNs (ODIs) CIRCULAR NO. SEBI/IMD/FII & C/31/2008, DATED 7-10-08 1. Please refer to the SEBI press release dated October 06, 2008, on the decisions taken by the SEBI Board pertaining to removal of restrictions on PNs. 2. In this respect it is informed that the ..

Posted in Investments & Personal Finance

CIRCULAR NO.013/IRDA/ATI/CIR/OCT 2008, DATED 6-10-08

ACCREDITATION AND RENEWAL OF ACCREDITATION OF AGENTS TRAINING INSTITUTIONS. CIRCULAR NO.013/IRDA/ATI/CIR/OCT 2008, DATED 6-10-08 1. In terms of powers vested with me, I am issuing this circular with regard to the above subject. 2. This circular applies only to o..

Posted in Community & General

FEMA - ADVANCE REMITTANCES FOR IMPORT OF SERVICES

FOREIGN EXCHANGE MANAGEMENT ACT, 1999 - ADVANCE REMITTANCES FOR IMPORT OF SERVICES A.P.(DIR SERIES) CIRCULAR NO. 15, DATED 8-9-2008 Attention of all Authorized Dealer Category – I (AD Category – I) banks is invited to paragraph 3 of A. P.(DIR Series) Circular No.65 dated January 6, 2003,..

Posted in Community & General

CIRCULAR NO. 8/2008, DATED 22-9-2008

COMPULSORY FILING OF E-RETURN OF INCOME FOR ASSESSMENT YEAR 2008-09-FURNISHING OF RETURN BY REPRESENTATIVE ASSESSEE OF NON-RESIDENTS CIRCULAR NO. 8/2008, DATED 22-9-2008 The Central Board of Direct Taxes, vide notification S.O. No. 752(E) dated 28.03.2008, inter-alia, notified a new return ..

Posted in Income Tax

NOTIFICATION NO. S O 2320 (E), DATED 1-10-2008

SECTION 1 OF THE SPECIAL ECONOMIC ZONES ACT, 2005 – COMMENCEMENT OF ACT – NOTIFIED DATE OF CERTAIN SECTION NOTIFICATION NO. S O 2320 (E), DATED 1-10-2008 In exercise of the powers conferred by sub-section (3) of Section I of the Special Economic Zones Act, 2005 (28 of 2005), the Central G..

Posted in Community & General