Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: VAT Audit :: Central Excise rule to resale the machines to a new company :: cpt :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: VAT RATES :: form 3cd :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD
 
 
Latest Circulars »
 Master Circular - Guidelines for Relief Measures by Banks in Areas Affected by Natural Calamities
 Seeks to levy definitive anti-dumping duty on imports of Ceftriaxone Sodium Sterile originating in or exported from the People's Republic of China, for a period of five years.
  RBI - Auction of Government of India Dated Securities
 Finance ministry prefers amendment to RBI Act for appointing a COO
 Seeks to extend the validity of notification No. 119/2010-Customs dated 19.11.2010 for a further period of one year.
 Seeks to levy safeguard duty on imports of Seamless Pipes and Tubes into India for a period of two and a half years.
  Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001
  Master Circular on Area of Operation, Branch Authorisation Policy, Opening/ Up-gradation of Extension Counters, ATMs and Shifting/Splitting/Closure of Offices
  RBI-Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Projects under Implementation
 Assessee not paying service tax on the gross amount received and were under reporting the valued of the taxable service in their ST-3 returns - demand confirmed invoking extended period of limitation - Tri - Service Tax
 RBI-Restructuring of Swarna Jayanti Shahari Rozgar Yojana (SJSRY) as National Urban Livelihoods Mission

TDS exemption - Interest on securities
September, 11th 2002

Direct Tax Notification No. 263-2002 dated 11th September, 2002

Topic

Applicability of S. 193(iib)

Sub Topic

TDS exemption - Interest on securities

Summary

In accordance to the provisions of section 193(iib), the Central Government has specified that any interest payable on "SEBI Capital Gains Bonds" issued by SIDBI would be exempt from TDS, subject to certain conditions.

Direct Tax Notification No. 263-2002 dated 11th September, 2002

In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income Tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "SEBI Capital Gains Bonds" issued by the Small Industries Development Bank of India, Mumbai for the purposes of the said clause :

Provided that the benefit under the said proviso shall be admissible in the case of transfer of such bonds by endorsement or delivery, only if the transferee informs the Small Industries Development Bank of India by registered post within a period of sixty days of such transfer.

Sd/-
K.Sasikanthan Under Secretary

F.No.275/60/2002-IT(B)

Issued by:
Ministry of Finance & Company Affairs
Department of Revenue
New Delhi.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2014 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions