Notification & Circulars

RBI cautions Public against Fictitious offers of Remitting c

RBI/2008-09/126UBD.PCB. Cir . No.6/12.05.000 /2008-09 August 12 , 2008 The Chief Executive Officer ofAll Primary (Urban) Co-op. Banks Dear Sir/Madam RBI cautions Public against Fictitious offers of Remitting cheap funds from abroad As you may be aware, fictitious lottery and money circulation s..

Posted in Community & General

NON BANKING FIN COS. RBI CIRCULAR

RBI/2008-09/193 DNBS (PD) CC No. 129/03. 02.82/ 2008-09 September 23, 2008 To 1. The Chairmen/CEOs of Non-Banking Financial Companies [Excluding RNBCs] 2. The President, Institute of Chartered Accountants of India Dear Sir, “Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Di..

Posted in Community & General

SCIENTIFIC RESEARCH EXPENDITURE notfication 84

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 84/2008, DATED 12-8-2008 It is hereby notified for general information that the organization Tata Memorial Centre, Mumbai, has been ..

Posted in Income Tax

Notification No. 99/ 2008-CUSTOMS (N.T.)

Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 99/ 2008-CUSTOMS (N.T.) New Delhi, 1st August, 2008 10 Sravana ,1930 (SAKA) S.O… (E) – In exercise of the powers confer..

Posted in Custom

No New E-Forms from Today

Wait before you DELETE your Old e-Forms 23AC-A, 66, 20B, 21A, 1, 5, 18, 10, 17 & 8 from your System as MCA has NOT updated the forms. Scheduled version change wef 19th August, 2008 of eForms - 23AC, Additional attachment to Form23AC, Form 23ACA, Form 66, Form 20B, Form 21A, Form1, Form5, Fo..

Posted in Corporate Law

Notification No. 90/2008, dated 28-8-2008

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 sub-section..

Posted in Income Tax

CIRCULAR NO. 7/2008, DATED 1-8-2008, Order under section 119

Order under section 119(1) of the Income-tax Act, 1961 regarding exemption from the TDS provisions under section 197 read in conjunction with section 10(26BBB) of Income-tax Act, 1961 CIRCULAR NO. 7/2008, DATED 1-8-2008 In exercise of the powers conferred under sub-section (1) of section 11..

Posted in Income Tax

Frauds – Future approach towards monitoring of frauds in NBF

RBI/2008-09/129DNBS.PD.CC. No 127 /03.10.42/2008-09 August 14, 2008 All deposit taking NBFCs (including RNBCs) Dear Sirs, Frauds – Future approach towards monitoring of frauds in NBFCs Please refer to Company Circular No. 121 dated July 1, 2008 on the captioned subject which has now been revis..

Posted in Community & General

NOTIFIED COST INFLATION INDEX FOR FY 2008-09 - 582

SECTION 48, EXPLANATION (V) OF THE INCOME-TAX ACT, 1961 - NOTIFIED COST INFLATION INDEX FOR FINANCIAL YEAR 2008-09 NOTIFICATION NO. 86/2008, DATED 13-8-2008 In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Ce..

Posted in Income Tax

SCIENTIFIC RESEARCH EXPENDITURE Notification 85/2008

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 85/2008, DATED 12-8-2008 It is hereby notified for general information that the organization Sir Ganga Ram Trust Socie..

Posted in Income Tax