Notification & Circulars


NABARD BONDS--Eligible u/s 80 C ::

 

NABARD BONDS: INCULUDED IN 80 C Section 80C (2)(xxii) of the Income-tax Act, 1961 - Deduction in respect of subscription to bonds (NOTIFICATION NO. 293/2007, DATED 31-12-2007)   In exercise of the powers conferred by clause (xxii) of sub-section (2) of section 80C of the Income-tax Act, 19..

Posted in Income Tax

Notification No. 45/2007

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCE(DEPARTMENT OF REVENUE) Notification No. 45/2007 – Service Tax New Delhi, the 28th December, 20077 Pausa, 1929 (Saka)  G.S.R. (E).- In exercise of the powers co..

Posted in Service Tax

Modification of Circular in respect of renting of immovable property service and works contract service

 

MODIFICATION OF CIRCULAR in respect of renting of immovable property service and works contract service CIRCULAR NO. 98/1/2008-ST, DATED 4-1-2008   In the Circular No. 96/7/2007-ST dated the 23rd August, 2007,-   (i) after Reference Code 086.05 / 23.08.07, the following Reference Code..

Posted in Income Tax

Introduction of Index options with longer tenure

 

Introduction of Index options with longer tenure CIRCULAR NO. SEBI/DNPD/CIR-34/2008, DATED 11-1-2008   1. The SEBI Derivatives Market Review Committee (DMRC) headed by Professor M. Rammohan Rao, recommended the introduction of new derivative products in the Indian market, with option contr..

Posted in Others

Section 35(1)(iii) of the Income-tax Act, 1961 - Scientific research expenditure - Approved social science or statistical research associations or institutions

 

Section 35(1)(iii) of the Income-tax Act, 1961 - Scientific research expenditure - Approved social science or statistical research associations or institutions NOTIFICATION NO. 1/2008, DATED 2-1-2008   It is hereby notified for general information that the organization Kripa Foundation, Mu..

Posted in Income Tax

Section 17 of the Foreign Exchange Management Act, 1999 - Appeal to Special Director (Appeals) – Notified Special Directors

 

Section 17 of the Foreign Exchange Management Act, 1999 - Appeal to Special Director (Appeals) – Notified Special Directors NOTIFICATION NO. S.O. 44(E), DATED 8-1-2008   In exercise of the powers conferred by sub-section (1) of section 17 of the Foreign Exchange Management Act, 1999 (42 of..

Posted in Others

Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2007

 

Foreign Exchange Management (Permissible Capital Account Transactions) (Amendment) Regulations, 2007 NOTIFICATION NO. G.S.R. 14(E), DATED 10-10-2007 In exercise of the powers conferred by sub-section (2) of section 6 and sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 ..

Posted in Others

Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2007

 

Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2007 NOTIFICATION NO. G.S.R. 13(E), DATED 9-10-2007   In exercise of the powers conferred by clause (a) of sub-section (3) of section 6 and sub-section (2) of section 47 of the Foreign Exchange..

Posted in Others

Compulsory scrutiny of returns involving refund of Rs. 5 lakhs or above - problem in selection INSTRUCTION NO. 1/2008, DATED 9-1-2008

 

Compulsory scrutiny of returns involving refund of Rs. 5 lakhs or above - problem in selection INSTRUCTION NO. 1/2008, DATED 9-1-2008   Kindly refer to above. 2. Your attention is drawn to the guidelines for selection of cases under scrutiny for the F. Y. 2007-08 under which claim of refu..

Posted in Income Tax

Exchange Earner's Foreign Currency (EEFC) Account- Liberalisation

 

Exchange Earner's Foreign Currency (EEFC) Account-Liberalisation A. P. (DIR SERIES) CIRCULAR NO. 13, DATED 6-10-2007 Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Regulation 4 of Foreign Exchange Management (Foreign Currency Accounts by a person resident in In..

Posted in Others



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