Notification & Circulars

Notification No. 101/ 2008-CUSTOMS (N.T.)

[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. 101/ 2008-CUSTOMS (N.T.) New Delhi, 14th Au..

Posted in Custom

Service tax levy on goods transport by road services

Circular No. 104/ 07 /2008-ST F.No. 137/175/2007-CX4 Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & Customs *** New Delhi, dated the 6th August, 2008 To Chief Commissioners of Central Excise & Customs (All) Chief Commissioners of Cen..

Posted in Service Tax

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

CBDT Instruction No. 11/2008

CBDT Instruction No. 11/2008, Dated: September 5, 2008Processing of Returns – Clearance of backlog – CBDT instructionsBoard is concerned that a large number of IT returns are pending for processing and has issued the following instructions:-(1) All pending returns for A.Y. 2007-08 involving refund c..

Posted in Income Tax

Circular No.14 /2008-Cus.

Circular No.14 /2008-Cus. F.NO.602/01/2008-DBK Government of India Ministry of Finance Department of Revenue ----------- &nb..

Posted in Custom

SECTION 90 A OF THE INCOME TAX ACT, 1961

SECTION 90 A OF THE INCOME TAX ACT, 1961 – DOUBLE TAXATION RELIEF – ADOPTION BY CENTRAL GOVERNMENT OF AGREEMENT BETWEEN SPECIFIED ASSOCIATION FOR DOUBLE TAXATION RELIEF NOTIFIED AGREEMENT NOTIFICATION NO. 90/2008, DATED 28-8-2008 In exercise of the powers conferred by s..

Posted in Income Tax

SECTION 80-IC

SECTION 80-IC (2)(A) OF THE INCOME-TAX ACT 1961 – DEDUCTION – SPECIAL PROVISION IN RESPECT OF CERTAIN UNDERTAKINGS OR ENTERPRISES IN CERTAIN SPECIAL CATEGORY STATES – NOTIFIED INDUSTRIAL AREAS – AMENDMENTS IN NOTIFICATION NO. S.O. 1269(E), DATED 4-11-2003 NOTIFICATION NO. 89/2008/F. NO. 142/24..

Posted in Income Tax

Clarrification Regarding TDS on Arrears

No. 402/92/2006-MC (46 of 2008) Government of India/ Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, the 30th September 2008 PRESS RELEASE Clarification regarding tax deduction at source on arrears of salary paid to government servants on account of i..

Posted in Income Tax

Reclassification of NBFCs

RECLASSIFICATION OF NBFCS CIRCULAR NO. DNBS.PD. CC NO. 128 / 03.02.059 /2008-09, DATED 15-9-2008 Please refer to Company Circular DNBS.PD. CC No. 85 / 03.02.089 /2006-07 dated December 06, 2006 on the captioned subject. It was advised therein that NBFCs financing real / phy..

Posted in Community & General

CPT pencil mode exam on 14th

The Common Proficiency Test (CPT) Paper-Pencil mode Examination will be held on 14 December, 2008 in accordance with the revised scheme of education, training and examination of the Chartered Accountancy Course. It is a 4 hours duration test comprising of two sessions of 2 hours ea..

Posted in Community & General