Archive for September, 2010

CBDT Press Release: Due date for Filing of Income tax for Asst. Year 2010-11 has been exteded to 15.10.2010

Sep-29th-2010

The Central Board of Direct Taxes have extended the due date of filing income tax returns for the assessment year 2010-11 from 30th September 2010 up to 15th October 2010. The due date has been extended in view of disturbance to general life caused by floods. Accordingly, the due date for obtaining tax audit report [...]

Custom Notification:Refund of 4% Additional Duty of Customs (4% Special CVD) in pursuance of NotificationNo.102/2007-Customs dated 14.9.2007 – Applicability to manufacturers in textile sector

Sep-17th-2010

Circular No. 34/2010-Customs Subject: Refund of 4% Additional Duty of Customs (4% Special CVD) in pursuance of NotificationNo.102/2007-Customs dated 14.9.2007 – Applicability to manufacturers in textile sector – reg.             Your kind attention is invited to the Notification No.102/2007-Customs dated 14th September 2007 whereby exemption from Special CVD of 4% leviable under sub-section (5) of Section 3 of the [...]

Participation in Currency Options

Sep-17th-2010

RBI Issued a notification regarding the participation of NBFCs in currency Future Key points of notification are as under: RBI/2010-11/205 DNBS (PD) CC No. 199 / 03.10.001/ 2010-11 September 16, 2010 To, All non-deposit taking NBFCs with asset size of Rs. 100 crore and above (NBFCs-ND-SI) Dear Sirs, Participation in Currency Options Reserve Bank had [...]

Customs Notification

Sep-16th-2010

Notification No. 93 / 2010 – Customs New Delhi, the  14th  September,2010            G.S.R. 753  (E).  – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, [...]

Reporting under Foreign Direct Investment (FDI) Scheme

Sep-16th-2010

RBI Issued a notification for Reporting under Foreign Direct Investment (FDI) Scheme, key points of noification are as under: RBI/2010-11/199 A.P. (DIR Series) Circular No. 13 September 14, 2010 Reporting under Foreign Direct Investment (FDI) Scheme Attention of Authorised Dealer Category-I (AD Category – I) banks is invited to para 9 of Schedule 1 to [...]