Notification & Circulars

Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year

Notification No#RBI/2011-12/403 21 February 2012

RBI/2011-12/403 A.P. (DIR Series) Circular No.81 February 21, 2012 To All Category – I Authorised Dealer Banks Madam / Sir, Export of Goods and Services - Receipt of advance payment for export of goods Involving shipment (manufacture and ship) beyond one year &nb..

Posted in Others

Standardized lot size for SME Exchange / Platform

Notification No#CIR/MRD/DSA/06/2012 21 February 2012

CIR/MRD/DSA/06/2012 February 21, 2012 To Managing Director / Chief Executive Officer of Stock Exchanges and their Clearing Houses/Corporations Dear Sir/Madam, Sub: Standardized lot size for SME Exchange / Platform 1. SEBI vide circular dated May 18, ..

Posted in Shares & Stock

Clarification regarding admissibility of exemption under area-based Notifications No. 49/2003-CE and 50/2003-CE, both dated 10.06.2003 in specific situations – reg.

Notification No#Circular No. 960/03/2012-CX 17 February 2012

Circular No. 960/03/2012-CX F. No. 110/03 /2011-CX-3 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 17th February, 2012 To All Chief Commissioners of Central Excise & Cus..

Posted in Excise | 2 comments

Exemption to specified persons from requirement of furnishing a return of income u/s 139(1) for AY 2012-13

Notification No# 9/2012 17 February 2012

NOTIFICATION NO 9/2012 Dated February 17, 2012 In exercise of the power conferred by sub-section (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specified hereinafter, f..

Posted in Income Tax | 1 comments

CBEC amend CBEC amends Tariff Value of Brass Scrap and Poppy Seeds

Notification No#Notification No. 11/2012 - Customs (N. T.) 15 February 2012

[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 11/2012 - Customs (N. T.) New Delhi, 15th February, 2012 2..

Posted in Custom

Export of Goods and Services- Simplification and Revision of Softex Procedure

Notification No#RBI/2011/12/400 15 February 2012

RBI/2011/12/400 A.P. (DIR Series) Circular No. 80 February 15, 2012 To All Authorised Dealers in Foreign Exchange Madam / Sir, Export of Goods and Services- Simplification and Revision of Softex Procedure Attention of the Authorised Dealers is invited t..

Posted in Others

Clarification - Purchase of Immovable Property in India – Reporting requirement

Notification No#RBI/2011/12/399 15 February 2012

RBI/2011/12/399 A.P. (DIR Series) Circular No. 79 February 15, 2012 To All Authorised Dealers in Foreign Exchange Madam / Sir, Clarification - Purchase of Immovable Property in India – Reporting requirement Attention of Authorised Dealer Category-I ..

Posted in Others

Investor Grievance Redressal Mechanism at Stock ExchangesInvestor Grievance Redressal Mechanism at Stock Exchanges

Notification No#CIR/MIRSD/2/2012 15 February 2012

CIR/MIRSD/2/2012 February 15, 2012 All Recognized Stock Exchanges Dear Sirs, Subject: Investor Grievance Redressal Mechanism at Stock Exchanges. 1. Please refer to SEBI circular no. CIR/MRD/DSA/03/2012 dated January 20, 2012 and SEBI circular no. SMD/Policy/Cir-3..

Posted in Shares & Stock

Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds/debentures of Public Sector Companies

Notification No#7/2012 14 February 2012

Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds/debentures of Public Sector Companies. NOTIFICATION NO 7/2012 Dated: February 14, 2012 In exercise of the powers conferred by item (h) of sub-clause (iv) of..

Posted in Income Tax

Section 10(15), item (h) of sub-clause (iv) of the Income-tax Act, 1961 - Exemptions - Interest on bonds/debentures - Notified bonds/debentures of Public Sector Companies

Notification No#6/2012 14 February 2012

NOTIFICATION NO 6/2012 Dated: February 14, 2012 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes following amendment to the notification of the Government ..

Posted in Income Tax