Notification & Circulars


The South India Textile Research Association, Coimbatore has been approved for section 35

 

NOTIFICATION NO. 274/2007, DATED 16-11-2007 It is hereby notified for general information that the organization The South India Textile Research Association, Coimbatore has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Inco..

Posted in Income Tax

National Institute of Immunology, New Delhi, has been approved for section 35

 

NOTIFICATION NO. 275/2007, DATED 16-11-2007 It is hereby notified for general information that the organization National Institute of Immunology, New 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, 1..

Posted in Income Tax

Volatility Index introduced

 

CIRCULAR NO. SEBI/DNPD/CIR-35/2007, DATED 15-1-2008The SEBI appointed Derivatives Market Review Committee (DMRC), headed by Professor M. Rammohan Rao, recommended the introduction of Volatility Index and Futures and Options on this Index. Accordingly, it has been decided that, to begin with..

Posted in Shares & Stock

Income-tax (First Amendment) Rules, 2008-Industrial park scheme

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART –II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE Department of Revenue (CENTRAL BOARD OF DIRECT TAXES) Notification New Delhi, the 8th January, 2008. INCOME-TAX S.O.50(E) .–In exercise of..

Posted in Income Tax

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

Cold Storage and 194C

 

  CIRCULAR NO. 1/2008, DATED 10-1-2008 Representations have been received from various quarters regarding applicability of the provisions of Section 194-I to cooling charges paid by the various customers to the owners of cold storages.  It has been represented that the cold storage owner..

Posted in Others

NOTIFICATION NO. 46/2008 - SERVICE TAX, DATED 18-1-2008

 

Section 86(1A) of Finance Act, 1994 –Amendment in Notification No. 18/2007 – Service Tax, Dated 12-5-2007   NOTIFICATION NO. 46/2008 - SERVICE TAX, DATED 18-1-2008   In exercise of the powers conferred by sub-section (1A) of section 86 of Finance Act, 1994 (32 of 1994), the Central Boa..

Posted in Service Tax

Notification No. 7/2008 Dated 15-1-2008

 

INCOME FROM CW GAMES IS THE SPECIFIED INCOME   NOTIFICATION NO. 7/2008, DATED 15-1-2008 In exercise of the powers conferred by clause (39) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies, (a)         ..

Posted in Income Tax

GOI Notification –Sale (Reissue) of 6.57 % Government Stock’11

 

GOI Notification –Sale (Reissue) of 6.57 % Government Stock’11   GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Economic Affairs)(Budget Division) New Delhi, January 18, 2008 NOTIFICATION Auction for Sale (Re-issue) of ’6.57 per cent Government Stock, 2011’Und..

Posted in Shares & Stock

Amendment in Rule 40C -Insertion of Rule 40D

 

Income-tax (Second Amendment) Rules, 2008 – Amendment in rule 40C; insertion of rule 40D   NOTIFICATION NO. 11/2008, DATED 18-1-2008   In exercise of the powers conferred by section 295 read with Explanation (i) to clause (ba) of sub-section (1) of section 115WC of the Income-tax Act..

Posted in Income Tax




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