Monthly Archives: May 2016

Affixation of one-time-lock on goods arrived from warehouse from customs station

By | May 16, 2016

F.No: 484/03/2015 – LC (Vol II) Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs ************* Circular No. 17/2016-Customs New Delhi, dated 14th May 2016 To, All Principal Chief Commissioners Customs, All Principal Chief Commissioners of Customs & Central Excise, All Chief Commissioners of Customs, All Chief Commissioners of… Read More »

Consignment Bond and General Bond under Custom u/s 59

By | May 16, 2016

Amendment to Ch IX of the Customs Act, 1962 – Bond required to be filed under section 59 F.No: 484/03/2015 – LC (Vol II) Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs Circular No.18/2016-Customs New Delhi, dated 14th May 2016 To, All Principal Chief Commissioners Customs, All Principal… Read More »

Admissibility of catering charges for rail journey on LTC

By | May 16, 2016

No. 31011/11/2015-Estt (A.IV) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training Establishment A-IV Desk North Block, New Delhi-110 001 Dated: May 12, 2016 OFFICE MEMORANDUM Subject:- Central Civil Services (Leave Travel concession) Rules, 1988-Admissibility of catering charges in respect of rail journey performed on LTC.- Clarification reg. The… Read More »

Special Audit u/s 58-A : Empanelment of CA/CA Firms

By | May 16, 2016

OFFICE OF THE COMMISSIONER DEPARTMENT OF TRADE & TAXES GOVT. OF NCT OF DELHI VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI. NOTICE​ No.F/V.Audit/Spl Audit/2016-17/287 Dated: 13/05/2016 Sub: Empanelment of CA /CA Firms for conducting Special Audit u/s 58-A Applications are invited from the CA/CA Firms desirous of being empanelled as Auditors in the Department of Trade… Read More »

Exchange of Information requests to British Virgin Islands

By | May 16, 2016

F.No.500/12/2013-FT&TR-III Government of India Ministry of Finance Department of Revenue (Foreign Tax & Tax Research Division) Dated: 12th May 2016 To, All Pr.CCsIT/DGsIT(Inv.) Madam/Sir, Subject: Exchange of Information requests to British Virgin Islands (BVI)-reg.- British Virgin Islands (BVI) is one of the most important jurisdictions for India from the point of Exchange of Information (EOI)… Read More »

EVC for efiled Form 35 to CIT (appeals)

By | May 16, 2016

ELECTRONIC VERIFICATION CODE (EVC) FOR ELECTRONICALLY FILED FORM OF APPEAL TO COMMISSIONER (APPEALS) NOTIFICATION NO.5/2016, DATED 6-4-2016 In exercise of the powers conferred by sub-section (1) of section 249 read with section 295 of the Income-tax Act, 1961 (43 of 1961), (the Act) the Central Board of Direct Taxes (CBDT) substituted rule 45 of the… Read More »

Search & Seizure Guidelines under Income tax

By | May 16, 2016

Instruction No. 7 OF 2003, dated 30.7.2003 Section 132 of the Income-tax Act 1961 Subject : Search & Seizure – matters relating thereto F.No. 286/77/2003-IT(Inv.II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes To All Director Generals of Income-tax (Inv.) Subject: Search & Seizure – matters relating thereto Sir,… Read More »

Seizure of jewellery in course of search under Income Tax

By | May 16, 2016

Guidelines for seizure of jewellery and ornaments in course of search Instruction : No. 1916, dated 11-5-1994. Instances of seizure of jewellery of small quantity in course of operations under section 132 have come to the notice of the Board. The question of a common approach to situations where search parties come across items ofjewellery,… Read More »

Power of search, seizure, etc. under FEMA

By | May 16, 2016

Section – 37, Foreign Exchange Management Act, 1999 Power of search, seizure, etc. 37. (1) The Director of Enforcement and other officers of Enforcement, not below the rank of an Assistant Director, shall take up for investigation the contravention referred to in section 13. (2) Without prejudice to the provisions of sub-section (1), the Central… Read More »