HC Delhi gives directions to ITD re: records of rectification, uncommunicated 143(1) Intimations, unverified TDS in Form 26AS, Incorrect past adjustments etc.
New cheques with minimum security features and standard fields (date ddmmyyyy format, Re symbol and Band at bottom) postponed to 01-08-2013(CTS-2010 Standard).
RBI cuts short-term lending rate repo rate by 0.25
percent to 7.5 percent in mid-quarter monetary policy review. no change in CRR.
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