The Central Government have approved Jeevan Akshay-VI Plan of the Life Insurance Corporation of India as an annuity plan eligible for deduction under clause (xii) of sub-section (2) of section 80C of the Income Tax Act, 1961. Persons who have invested in this plan during the financial year 2007-08 or subsequently (relevant assessment year being
CBDT issued the press release that the Security Certificate of the Income Tax Department’s Internet Portal has been renewed, and The E-filing Facility of IT Return for Asst. Year 2010-11 has been restored. Taxpayers can now e-file income tax returns for AY 2010-11 without any difficulty.
The Key points of the circular are as follows: Circular No. 922/12/ 2010-CX New Delhi dated the 18th May 2010. Subject: Power of adjudication of Central Excise Officers- instructions – reg. Please refer to Circular No. 752/68/2003-CX dated 01.10.’03 amended by Circular No. 865/3/2008-CX dated 19th February 2008 on the above subject. At present adjudication
The Key points of notification are as follows: Circular No. 923/13/2010 – CX New Delhi, 19th May, 2010. Subject: – Clarification regarding inclusion of cost of return fare of vehicles in assessable value – reg Attention is invited to clarification given at S. No 2(b) vide the Board’s Circular No. 634/34/2002-CX dated 1st
CBEC on 19th May, 2010 issued a circular regarding Classification of rice parboiling machinery the key points of circular are as follows: Circular No 924/ 14/2010-CX F.No. 167/42/ 2009-CX.4 New Delhi, the 19 May, 2010 Subject: Classification of rice parboiling machinery -reg It has been brought to the notice of the Board that classification of Rice parboiling machinery
