Notification & Circulars

trade tax

Part II-A S.No. Location of unit Total period of exemption/ reduction in the rate of tax Exemption from of tax in regard to Information Technology Products-including Computer, Digital/Data communication and Digital/Data Broadcasting products, by recognis..

Posted in Accounts

income tax

Section 35(1)(ii) of the Income-tax Act, 1961 - Scientific research expenditure - Approved scientific research associations/institutions CORRIGENDUM NOTIFICATION NO. 226/2007, DATED 14-8-2007 In partial modification of the Notifications issued by Central Board of Direct Taxes,..

Posted in Income Tax

Income-tax (Ninth Amendment) Rules, 2007::

Income-tax (Ninth Amendment) Rules, 2007 NOTIFICATION No. 238/2007, dated 30-8-2007 In exercise of the powers conferred by section 295 read with sub-section (3) of section 200 and proviso to sub-section (3) of section 206C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Dire..

Posted in Income Tax

Sec.35D

NOTIFICATION NO. 236/2007, DATED 24-8-2007It is hereby notified for general information that the organizationEngineers India Limited, New Delhi has been approved by the CentralGovernment for the purpose of clause (a) of sub-section (2) of section35D of the Income-tax Act, 1961, for the period from 8..

Posted in Income Tax

NOTIFICATION NO. 235/2007, DATED 24-8-2007

NOTIFICATION NO. 235/2007, DATED 24-8-2007It is hereby notified for general information that the organizationMandke Foundation, Mumbai has been approved by the CentralGovernment for the purpose of clause (ii) of sub-section (1) ofsection 35 of the Income-tax Act, 1961 (said Act), read with Rules5C a..

Posted in Income Tax

Delhi HC Rules 4% VAT on Select IT Products

Delhi HC Rules 4% VAT on Select IT Products Giving a breather to the channels, the Delhi High Court has ruled that the products debated under Value Added Tax (VAT) will be taxed at 4%, the national capital-based Computers and Media Dealers Association (CMDA) has claimed.In an e-mail communiqu with ..

Posted in VAT

CENVAT Credit (Ninth Amendment) Rules, 2007 – Amendment in rule 9

NOTIFICATION NO. 35/2007-CENTRAL EXCISE (N.T.), DATED 14-9-2007 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CE..

Posted in Excise

Procedure for rebate of whole of duty paid on excisable goods

NOTIFICATION NO. 37/2007-CENTRAL EXCISE (N.T.), DATED 17-9-2007 In exercise of the powers conferred by rule 18 of the Central Excise Rules, 2002, the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finan..

Posted in Excise

Central Excise (Fourth Amendment) Rules, 2007 – Amendment in rule 11

NOTIFICATION NO. 36/2007-CENTRAL EXCISE (N.T.), DATED 14-9-2007 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely:- 1. (1) These rules may be..

Posted in Excise

Retired Custom Officers

NOTICE Retired officers of Indian Customs And Central Excise Service who are interested to be engaged / empanelled as Special Counsel to represent the department before CESTAT/Settlement Commission and other quasi-judicial authorities , may send their applications complete with the..

Posted in Custom