Loading...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
TMI Blog
Home / TMI Blogs / RSS

Regulation of Acceptance or Retention of Foreign Contribution by Way of Gift or Presentation

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... foreign contribution by way of gift or presentation, he shall, within thirty days of the receipt thereof ^6[the leader of the Indian delegation] the Secretary to the Government of India in the Ministry of Home Affairs, Ministry of External Affairs and the Ministry or the Department of the Government of India sponsoring the delegation of which he is a member, in writing,- (a) the fact of his having received such gift or presentation, (b) the foreign source from which it is received, ^1[(c) its approximate market value in the country of origin,] (d) the place in which, and the date on which, it is received, and (e) such other details relating thereto as he may, in the circumstances, consider appro....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Toshakhana, and such person shall be intimated in writing of such assessment forthwith. ^5[6. If any question arises relating to the assessment so made under sub-regulation (5) it shall be referred to the Central Government who shall decide the same.] 7. Every such gift or presentation, ^3[the market value in the country of origin] of which, as assessed under sub-regulation (5), does not exceed ^4[three thousand rupees], shall be returned to such person for retention by him: Provided that where more than one such gift or presentation is received by such person while he is in one delegation, such person be entitled to retain only one such gift or presentation. ^8[Provided further that where more than one gift or presentation has ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., "the market value in India," 3A. Substituted vide Notification No. S.O. 786(E) dated 05-11-1981 w.e.f. 05-11-1981 before it was read as, "the market value in India," 3B. Substituted vide Notification No. S.O. 786(E) dated 05-11-1981 w.e.f. 05-11-1981 before it was read as, "the market value in India," 4. Substituted vide Notification No. S.O. 786(E) dated 05-11-1981 w.e.f. 05-11-1981 before it was read as, "one thousand rupees" 4A. Substituted vide Notification No. S.O. 786(E) dated 05-11-1981 w.e.f. 05-11-1981 before it was read as, "one thousand rupees" 4B. Substituted vide Notification No. S.O. 786....