AMENDMENTS IN INCOME TAX RULES

Income tax department has issued a notification about the amendments in rules of income tax act 1962. full notification is as here

INCOME TAX

TENDER FOR IMPLEMENTATION OF E FILLING OF RETURNS AND WEB ENABLED SERVICES

 Date: 16/12/2010
Bid Reference No: E-Filing/1/2009/DIT(S)-III
Project Name:  E-FILING OF RETURNS AND OTHER FORMS AND WEB-ENABLED
SERVICES for INCOME TAX DEPARTMENT.
Name of the Ministry / Department:  FINANCE/REVENUE/CBDT/INCOME TAX
DEPARTMENT/Directorate of Income-tax (Systems)
Sealed Technical and Financial bids are invited from eligible bidders for implementation of  EFILING OF RETURNS AND OTHER FORMS AND WEB-ENABLED SERVICES for INCOME TAX
DEPARTMENT project.
A complete set of Bid Document may be purchased by  any interested eligible bidder from the
Department upon payment of a non-refundable cost of Rs.10,000 (Rupees Ten Thousand) and after
submitting the Non Disclosure Agreement (NDA). The  payment should be made in the form of a
Demand Draft in favour of “Accounts Officer, Zonal Accounts Office, CBDT, New Delhi” and
payable at  New Delhi. The Bid Document may be purchased personally from the office of the
undersigned during office hours on all working days.
The Pre-qualification Criteria and the NDA format can be downloaded from the Income tax
Department Website: www.incometaxindia.gov.in
Commencement of issue of Bid Document  : Dt: 16.12.2010, 10:30 hours
Last date and time of purchase of Bid document  : Dt: 23.12.2010, 17:00 hours
Last Date for Queries      : Dt: 03.01.2011, 15:00 hours
Pre-bid meeting      : Dt: 10.01.2011, 15:00 hours
Last date and time for submission of bids  : Dt: 17.01.2011, 14:30 hours
Date & time of opening of Pre-qualification Bids  : Dt: 17.01.2011, 15:00 hours
Director of Income-tax (Systems)-III
E-2, A.R.A. Centre, Ground Floor,
 Jhandewalan Extension,
New Delhi – 110055
WATCH PRE-QUALIFICATION 
DOWNLOAD FORMAT

INCOME TAX , income tax act

SERVICE TAX NOTIFICATION 53/2010 DATED 21.12.2010

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
SECTION (i)]

Government of India 

Ministry of Finance 

Department of Revenue 

Notification No. 53/2010 - Service Tax

New Delhi, the 21

st

 December, 2010 

 G.S.R.  (E).- In exercise of the powers conferred  by sub-section (1) of section 93 of the 

Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the

public interest so to do, hereby exempts  the taxable service referred to in item (v) of sub-clause 

(zzzze) of clause (105) of section 65 of the said Finance Act (hereinafter referred to as ‘such service’), 

for packaged or canned software (hereinafter referred to as ‘said goods’) from the whole of service 

tax, subject to the condition that-  

(i) the value of the said goods domestically produced or imported, for the purposes of levy of the duty 

of Central Excise or the additional duty of customs leviable under sub-section (1) of section 3 of the

Customs Tariff Act, 1975 (51 of 1975), if imported, as the case may be, has been determined under 

section 4A of the Central Excise Act 1944 (1 of 1944) (hereinafter referred to as ‘such value’); and  

(ii) (a) the appropriate duties of excise on such value have been paid by the manufacturer, duplicator

or the person holding the copyright to such software, as the case may be, in respect of software 

manufactured in India; or 

(b) the appropriate duties of customs including the additional duty of customs on such value, have 

been paid by the importer in respect of software which has been imported into India;  

(iii) a declaration made by the service provider on the invoice relating to such service that no amount 

in excess of the retail sale price declared on the said goods has been recovered from the customer. 

Explanations.- For the purpose of this notification, the expression,-  

(i) “appropriate duties of excise” shall mean the duties of excise leviable under section 3 of the Central 

Excise Act, 1944 (1 of 1944) and a notification, for the time being in force, issued in accordance with 

the provision of sub-section (1) of section 5A of the said Central Excise Act; and 

 (ii) “appropriate duties of customs” shall mean the duties of customs leviable under section 12 of the

Customs Act, 1962 (52 of 1962) and any of the provisions of the Customs Tariff Act, 1975 (51 of 

1975) and a notification, for the time being in force, issued in accordance with the provision of subsection (1) of section 25 of the said Customs Act. 

                                                                                               [F. No. 354/189/2010-TRU]
                                                                                          (VIKAS)
Under Secretary to the Government of India

service tax notification

Custom Imposes Anti Dumping Duty on Synchronous Digital Hierarchy transmission equipment

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                                          

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

           

Notification No. 125 /2010-Customs

New Delhi, the 16^th  December, 2010

            G.S.R.    (E). –   Whereas  the designated authority in its preliminary findings vide notification number   14/2/2009-DGAD, dated the 7^th September, 2009, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 7^th September, 2009, had come to the conclusion that various parameters relating to domestic industry collectively and cumulatively established that the domestic industry had suffered material injury in case of imports of  Synchronous Digital Hierarchy transmission equipment, originated in or exported, from China PR and Israel falling under sub-heading 851762 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Customs Tariff Act), and had  recommended imposition of provisional anti-dumping duty on the imports of the said equipment, originating in or exported from, China PR and Israel;

custom , custom notification

SEBI CIRCULAR ABOUT THIRD PARTY ADDRESS AS CORRESPONDENCE ADDRESS

CIR/MRD/DP/ 37 /2010                December 14, 2010 

To, 

All Depositories 

Dear Sir / Madam, 

Sub: Acceptance of third party address as correspondence address 

1. SEBI has received representations  from Market Intermediaries seeking 

guidance and clarifications whether to accept and capture the address of 

some person (hereinafter referred to as “third party”) other than  the beneficial 

owner(BO) as a correspondence address in the details of the demat account 

of the BO.

sebi , sebi circular

SERVICE TAX ON ELECTRICITY METER INSTALLED IN CONSUMER PREMISES

Circular No. 131/ 13/ 2010 – ST

F.No.356/13/2010-TRU

Government of India

Ministry of Finance

Department of Revenue

Tax Research Unit

North Block, New Delhi

7^th December 2010

To

            Chief Commissioners of Central Excise and Service Tax (All),

            Director General (Service Tax),

            Director General (Central Excise Intelligence),        

            Director General (Audit),

            Commissioners of Service Tax (All),

            Commissioners of Central Excise and Service Tax (All).

Madam/Sir,

           

Subject: - Electricity meter installed in consumers’ premises and hire charges collected – whether covered under exemption for transmission and distribution of electricity – reg.

SERVICE TAX

CUSTOM NOTIFICATION NO 42/2010

       

Circular No. 42/ 2010-Customs

F.No.528/49/2010-STO (TU)

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

229A, North Block,

New Delhi-110001

29^th November, 2010.

To

All Chief Commissioners of Customs / Customs (Prev.).

All Chief Commissioners of Customs & Central Excise.

All Commissioners of Customs / Customs (Prev.).

All Commissioners of Customs & Central Excise.

All Director Generals under CBEC.

Subject: Classification of PXI Controllers, Input/Output Modules, Signal Converters and Chassis and its parts-regarding.

custom , custom notification

CUSTOM NOTIFICATION NO 43/2010 ABOUT ANTI DUMPING DUTY ON CFL

    Circular No.43/ 2010-Customs

F.No.528/53/2007-Cus (TU)

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

229A, North Block, New Delhi-110001

 6^th December, 2010.

To,

All Chief Commissioners of Customs / Customs (Prev.).

All Chief Commissioners of Customs & Central Excise.

All Commissioners of Customs / Customs (Prev.).

All Commissioners of Customs & Central Excise.

All Director Generals under CBEC.

Subject: -         Anti Dumping Duty on parts/components of Compact Fluorescent Lamps (CFL) from China and Hong Kong as per Customs Notification No.138/2002-Customs dated 10.12.2002 – Regarding.

custom , custom notification

CUSTOM NOTIFICATION NO 120/2010 ABOUT IMPORT OF PHENOL

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                                          

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

NOTIFICATION

No.120 /2010-Customs

New Delhi, the 1^st December, 2010

G.S.R.       (E). - Whereas in the matter of imports of Phenol [hereinafter referred to as the subject goods], falling under sub heading 2907 11 10 or 2707 99 00  of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, Thailand and Japan (hereinafter referred as the subject countries) and imported into India, the designated authority in its preliminary findings vide notification No.14/27/2009-DGAD, dated the 3^rd February, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 3^rd February, 2010, had come to the conclusion that –

custom , custom notification

CUSTOM NOTIFICATION NO. 122/2010 ABOUT IMPORT OF BUS AND TRUCK REDIAL TYRES

Government of India

Ministry of Finance

(Department of Revenue)

Notification No. 122/2010-Customs

New Delhi, the 2^nd December, 2010

    G.S.R. 947(E). – Whereas, in the matter of import of Bus and Truck Radial Tyres, (hereinafter referred to as the subject goods), falling under item numbers 40112010 (for tyres) and 40131020 and 40129049 (for tubes and flaps respectively)  of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from the People's Republic of China(China PR) and Thailand (hereinafter referred to as the subject countries), the designated authority, vide its final findings in notification No. 14/17/2008-DGAD, dated the 1^st January, 2010 published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 1^stJanuary, 2010, had come to the conclusion that —

custom , custom notification