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Archive: September, 2007

Posts in September, 2007

Misuse of unaccompanied baggage facility-regarding

September 28, 2007 1321 Views 0 comment Print

It is, therefore, reiterated that all the provisions of Customs Act, 1962 and Baggage Rules, 1998 are applicable to unaccompanied baggage as they are applicable to baggage (accompanied), except the free allowance which is not available for unaccompanied baggage.

Notification No. 250/2007 – Income Tax Dated 28/9/2007

September 28, 2007 823 Views 0 comment Print

Notification No. 250 – Income Tax In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act., 1961 (43 of 1961),the Central Board of Direct Taxes hereby makes the following amendments to the notification of the Government of India, in the Ministry of Finance (Department of Revenue), (Central Board of Direct Taxes); number S.O. 881 (E), dated the 14th September, 2001, namely

Notification No. 249/2007 – Income Tax Dated 28/9/2007

September 28, 2007 463 Views 0 comment Print

Notification No. 249 – Income Tax In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment to the notification of the Government of India, Ministry of Finance, (Department of Revenue), vide number S.O. 279(E) dated 12th March. 2003, namely

Notification No. 248/2007 – Income Tax Dated 28/9/2007

September 28, 2007 481 Views 0 comment Print

Notification No. 248 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. 193(E), dated the 30th Match, 1999, for the period beginning on the 1st day of April, 1997 and

Notification No. 247/2007 – Income Tax Dated 28/9/2007

September 28, 2007 460 Views 0 comment Print

Notification No. 247 – Income Tax In supersession of notification bearing SO 1093 (E) (dated 21st June, 2007) and in exercise of the powers conferred by the clause (23EA) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “Delhi Stock Exchange Customers” Protection Fund, DSE House, 3/1, Asaf Ali Road, New Delhi – 110002 as an Investor Protection Fund

Notification No. 246/2007 – Income Tax Dated 28/9/2007

September 28, 2007 430 Views 0 comment Print

Notification No. 246 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide number S.O. 193(E), dated the 30th March, 1999, for the period beginning on the 1st day of April, 1997 and

Notification No. 245/2007 – Income Tax Dated 28/9/2007

September 28, 2007 574 Views 0 comment Print

Notification No. 245 – Income Tax

Notification No. 244/2007 – Income Tax Dated 28/9/2007

September 28, 2007 547 Views 0 comment Print

Notification No. 244 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961) (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and

One time approval for import of Soyabean oil obtained from Round-up-Ready Soyabean

September 28, 2007 529 Views 0 comment Print

The data relating to import of GM Soyabean oil or Soyabean oil from products of GM origin will be furnished by the Solvent Extractors’ Association of India, Mumbai to D/o Commerce, EP (Agri.) Division on a monthly basis.

Delayed TDS on ‘usance interest’ – Payment of interest u/s 201(1A)

September 28, 2007 3562 Views 0 comment Print

IN the present case which was referred to the Third Member of the Tribunal, the dispute revolves around the issue of, whether interest u/s 201(1A) is payable on the ”usance interest” from the date of payment or from the date of pronouncement of High Court decision in the Vijay Ship Breaking Corpn case

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