Notification & Circulars


Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07

 

RBI/2007-2008/101DBS.ARS.BC. No.  3/ 08.92.001/ 2007-08 July 25, 2007 To,The Chairman & Managing Director, all Nationalised Banks andThe Managing Director, Associate Banks of SBI Dear Sir/Madam,               &nb..

Posted in Others

Profession Tax

 

Circular No: 16 Date of Issue: 18/2/1969 Section(s) Referred: 37(1) Statute: Income-Tax Act [15] Professional tax-Admissibility of professional tax as revenue expenditure under section 37(1) of I.T. Act, 1961. It has been represented to the Board that the professional tax is not being allowed ..

Posted in Others

Articled assistant

 

[PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA EXTRAORDINARY DATED 17TH AUGUST, 2007] (THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA) NOTIFICATION New Delhi, dated the 17th August, 2007. NO.1-CA(7)/102/2007(E).- Whereas certain draft amendments further to amend the Chartered Acco..

Posted in Students  1 comments

Levy of Service Tax on Professionals

 

Supreme Court of India All India Federation of Tax Practitioners v. Union of India   Levy of Service Tax on Professionals Article 246, read with article 274, of the Constitution of India - Relations between Union and States - Subject-matter of laws made by Parliament and by Legislature..

Posted in Service Tax

Amortization of Preliminary Expenses

 

NOTIFICATION NO. 236/2007, DATED 24-8-2007 It is hereby notified for general information that the organization Engineers India Limited, New Delhi has been approved by the Central Government for the purpose of clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961, for the period..

Posted in Income Tax

CIRCULAR NO. SEBI/DNPD/CIR- 32/2007, DATED 11-9-2007

 

Circular on acceptance of Foreign Sovereign Securities as collateral from Foreign Institutional Investors (FIIs) for Exchange Traded Derivative Transactions CIRCULAR NO. SEBI/DNPD/CIR- 32/2007, DATED 11-9-2007   1. Presently, in Exchange Traded Derivative transactions, FIIs are depositing ..

Posted in Others

NOTIFICATION NO. 33/2007-CENTRAL EXCISE (N.T.), DATED 7-9-2007

 

CENVAT Credit (Eighth Amendment) Rules, 2007 NOTIFICATION NO. 33/2007-CENTRAL EXCISE (N.T.), DATED 7-9-2007 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 ..

Posted in Excise

CIRCULAR NO. DNBS.PD.CC. NO. 106 /03.10.42/2005-06, DATED 4-9-2007

 

Future approach towards monitoring of frauds in NBFCs CIRCULAR NO. DNBS.PD.CC. NO. 106 /03.10.42/2005-06, DATED 4-9-2007   Please refer to Company Circular 59 dated October 26, 2005 on the captioned subject. It was advised in terms of paragraph 3.1.4 thereof that FMR-1, in cases where the ..

Posted in Others

F.No. 224/ 37/2005-CX-6

 

Circular No. 855/13/ 2007-CX   F.No. 224/ 37/2005-CX-6  Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi dated the September 11, 2007 To All Chief Commissioner of Central Excise & Customs All Commissioners of..

Posted in Excise

F.No. 224/ 37/2005-CX-6

 

Circular No. 855/13/ 2007-CX   F.No. 224/ 37/2005-CX-6  Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi dated the September 11, 2007 To All Chief Commissioner of Central Excise & Customs All Commissioners of C..

Posted in Excise