Tax exemption approval under section 10(23C)(vi) recognizes society subject to compliance and pending appellate review
Approval is granted to Sahitya Sadawart Samiti Jaipur under the tax exemption provision 10(23C)(vi), exercised by the Chief Commissioner under that sub-clause read with rule 2CA, covering assessment year 2001-02 and onwards, conditional on the society's conformity with the provision and rule and subject to review for specified earlier years pending appellate proceedings.

Disclosure of inadmissible interest now required in audit returns for interest inadmissible under MSMED Act.
The Income tax (Tenth Amendment) Rules, 2009 insert item 17A into Form 3CD, obliging auditors to disclose the amount of interest inadmissible under the Micro, Small and Medium Enterprises Development Act, 2006, thereby creating an explicit audit reporting requirement within the Income tax Rules to capture interest excluded from allowable deductions pursuant to the MSMED interest disallowance.

Income-tax form amendments: ITR 2 adds TRP reimbursement reporting and ITR 5 adds a consolidated deductions schedule.
The corrigendum amends income-tax return forms by inserting a new row in Form ITR-2 to report any government reimbursement to a TRP, and by inserting in Form ITR-5 a new detailed schedule (after Schedule 10A) to record multiple categories of deductions, including deductions for units in Special Economic Zones, export-oriented units, exports of handmade wooden articles, donations eligible for deduction, and various sector- and region-specific profit-linked and industry-targeted deductions with subtotal and total fields.

Anti-dumping duty continued on sodium hydrosulphite, imposing differential duties to offset dumped imports from specified countries.
Definitive anti-dumping duty on sodium hydrosulphite from Germany and Korea RP is continued; duties are set as the difference between specified reference amounts and the landed value of imports, with duty entries identifying tariff item, origin, export country, producer and exporter combinations and amounts per metric tonne in US dollars. The measure is effective for five years from notification and payable in Indian currency; "landed value" is ascertained under the Customs Act and exchange rate is the notified rate on bill of entry presentation.

Non-competitive bidding facility expands retail access in government securities auction, reserving a portion for small investors.
Re issue auction of 8.24% Government Stock, 2027 will be conducted by RBI Mumbai by uniform price auction for the notified nominal amount; payment on the date of re issue includes accrued interest. Up to 5% of the notified amount is reserved for a non competitive bidding facility permitting eligible investors (generally those without RBI CA/SGL accounts, with exceptions) to submit a single bid via a bank or PD within prescribed minimum and maximum denominations. Allotment to non competitive bidders is at the weighted average yield/price from competitive bidding, with pro rata allocation if oversubscribed and SGL issuance to banks/PDs who must transfer securities to clients and report to RBI.

Non-competitive bidding facility expands retail access to government security auctions at a uniform auction price.
Re-issue sale of 7.56 per cent Government Stock, 2014 will be by price-based uniform price auction via Reserve Bank of India. Up to 5% of the notified amount is reserved for a Non-competitive Bidding Facility for investors without CA/SGL accounts (exceptions for certain banks), with single bids submitted through banks or PDs. Non-competitive allotment is at the weighted average yield/price from competitive bidding; oversubscription leads to pro rata allocation and shortfalls return to the competitive portion. Securities are issued in SGL form and banks/PDs must transfer holdings to clients and report operations to RBI.

Listing requirements for close-ended mutual fund schemes: mandatory exchange listing, disclosure and dematerialisation obligations.
The amendments require asset management companies, trustees and relevant parties to obtain prior in-principle approval from recognised stock exchanges where units are proposed to be listed, require disclosure of that approval in offer documents, mandate listing of newly launched close-ended schemes subject to specified exceptions for pre-amendment schemes with repurchase features or special purposes, prohibit repurchase before maturity for post-amendment close-ended launches, require prompt issuance or dematerialisation of units for listed schemes, and require daily publication of net asset value for close-ended schemes.

Common adjudicating authority appointed to adjudicate a specified show cause notice under the Customs Act.
The Central Board of Excise and Customs, under sections 4(1) and 5(1) of the Customs Act, 1962, appoints the Additional Commissioner of Customs (Import), New Custom House, Mumbai, as a common adjudicating authority to exercise the powers and discharge the duties of the Additional Commissioner of Customs (Port), New Custom House, Kolkata, solely for adjudicating proceedings arising from the specified Show Cause Notice issued against M/s M. R. International.

Appointment of Value Added Tax Officers to assist the Commissioner in administration under statutory authority.
Pursuant to the Delhi Value Added Tax statutory framework and implementing rules, the Lt. Governor appoints Sh. Ram Avtar Meena, Sh. Mohinder Pal, Sh. Subhash Chand and Sh. Anil Bhatnagar as Value Added Tax Officers, with immediate effect, to assist the Commissioner of Value Added Tax in the administration and enforcement of the Act; the appointments are notified by the Department of Trade and Taxes and signed by the special secretary on behalf of the Lt. Governor.

Constitution of National Advisory Committee on Accounting Standards: appointment of Institute of Company Secretaries' nominated member to committee.
The Central Government, exercising powers under sub section (1) of section 210A of the Companies Act, 1956, amends the principal notification by substituting serial number (3) to appoint Shri Datla Hanumanta Raju as Member nominated under clause (b) of sub section (2) of section 210A to represent the Institute of Company Secretaries of India, who shall hold office up to 28 5 2009.

Customs jurisdiction scope expanded to include ports, airports, inland container depots, land customs stations and approved customs areas.
The corrigendum replaces the phrase "customs areas as specified under Section 8" with an explicit list covering ports, airports, inland container depots, land customs stations and customs areas approved or specified under Section 8, thereby clarifying and broadening the territorial scope of the notification.

Non-competitive bidding in government securities enables retail participation with allocation at the weighted average auction price.
Notification prescribes re-issue of 7.50 per cent Government Stock, 2034 by uniform price auction through the Reserve Bank of India, with a reserved non-competitive allotment within the notified amount. Non-competitive participation is limited to investors without RBI current/SGL accounts (with specified exceptions), subject to a single-bid face-value cap and submission via banks or primary dealers; allotment to non-competitive bidders is at the weighted average auction rate with pro rata allocation if oversubscribed and shortfall reverting to the competitive portion.

Non-competitive bidding in government securities allows reserved retail allotment at the auction's weighted average price with settlement rules.
Re-issue of 6.05% Government Stock, 2019 will be sold by uniform price auction conducted by the Reserve Bank of India, with the ten-year stock repaid at par on maturity and interest accruing from original issue date paid half-yearly. Up to 5% of the notified amount is reserved for non-competitive bids by eligible investors subject to single-bid and maximum face-value limits, submission through banks or PDs, allotment at the weighted average auction price, SGL/CSGL settlement rules, pro rata allocation if oversubscribed, and specified transfer, charging and reporting obligations.

Designated Partner Identification: electronic DPIN allotment and mandated e filing streamline LLP registration and compliance processes.
These rules implement procedural, registration and compliance requirements for Limited Liability Partnerships, including electronic filing and authentication, the electronic allotment and life time validity of the Designated Partner Identification Number (DPIN), prescribed forms and fees for incorporation and changes, name reservation and restrictions, maintenance and filing of partnership agreements and financial statements, auditor qualifications and appointment, electronic registry operation and defect/rectification procedures, special rules for foreign LLPs and conversion, and processes for investigation, revival, striking off and compounding of offences.

Commencement of Limited Liability Partnership Act provisions appointing a commencement date for specified sections to take effect.
The Central Government appointed a commencement date for specified provisions of the Limited Liability Partnership Act, 2008, bringing multiple groups of sections and the First Schedule into force while expressly excluding certain clauses and limiting the application of parts of Sections 2, 31 and 81; a later insertion amended the notification to add specified sections.

Commencement of LLP Act provisions appointed, activating core sections and the First Schedule with specified exceptions.
A Central Government notification under section 1(3) of the Limited Liability Partnership Act, 2008 appoints 31 March 2009 as the commencement date for specified provisions, including section 1, most of section 2, sections 3-30, various subsequent chapters, and the First Schedule, while excluding clauses (c) and (u) of section 2(1), tribunal-related parts of section 31, and specified parts of section 81.

Approval under section 10(23C)(vi): institution recognized for tax exemption subject to statutory compliance.
Approval under Section 10(23C)(vi) recognizes Step by Step Shiksha Samiti Jaipur as eligible for the tax exemption regime, effective for the assessment year 2008-2009 and onwards, subject to the society's conformity with the eligibility conditions of Section 10(23C)(vi) and the procedural requirements of the Income-tax Rules.

Amendment to Schedule VI alters the horizontal balance sheet format by deleting specified explanatory paragraphs, effective on publication.
Amendment under powers of section 641 changes Schedule VI Part I "A. Horizontal Form" by omitting the second paragraph and two explanations in column (6) of the Form of Balance Sheet; the notification takes effect on publication in the Official Gazette.

Power to alter schedules: amendment to Schedule VI removes specified paragraphs and explanations from balance sheet form, effective on publication.
Power to alter schedules exercised under the Companies Act, 1956 effects an amendment to Schedule VI that omits, in Part I "Form of Balance Sheet" under "A. horizontal Form" column (6), the second paragraph and Explanation 1 and Explanation 2, with the change taking effect on publication in the Official Gazette.

Exchange differences on long term foreign currency monetary items may be capitalized or accumulated under a limited transitional option.
The amendment permits an enterprise to make an irrevocable retrospective election to capitalize exchange differences on long term foreign currency monetary items: those related to acquisition of depreciable capital assets may be added to or deducted from asset cost and depreciated over the asset's balance life; others may be accumulated in a Foreign Currency Monetary Item Translation Difference Account and amortized over the balance period of the long term item, not beyond the transitional end date. Previously recognized differences for qualifying periods must be reversed and adjusted to general reserve, and disclosure of the election and unamortized amount is required.