COCHIN PORT TRUST -

Cochin Port Trust
Cochin port Trust, Willingdon island,
Cochin 682 009.
Phone: 0484 2666639, 2666871 Extn. 2300, 2301,2309
Fax : 91 484 2666639, 2668163
Telex: 0885 - 6203, Grams: PORTRUST






COCHIN PORT TRUST CENTRAL ACCOUNTS DEPARTMENT Willingdon Island, Cochin – 682 009
CAD/Taxescell/Income Tax/TDS	24-06-2008
To, The Secretary, Cochin Steamer Agents’ Association, Cochin Customs House Agents’ Association Cochin Chamber of Commerce, Indian Chamber of Commerce, Lease Holders’ Association.
Sir, Sub: Certificate u/s.197(1) dated 29-04-2008 issued by the Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam – withdrawal of the same – reg. We have vide our letter No. CAD/Taxescell/Income Tax/TDS dated 29-04-2008, communicated decision of Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam, granting exemption u/s.197(1) of the Income Tax Act, exempting all Port users (except M/s.IGTPL and Banks) from deducting TDS on remittances to Port. However, the Asst.Commissioner of Income-tax(TDS), Kochi, vide their letter No.F.No.ACIT(TDS)/197/CPT/2008-09 dated 20-6-2008 withdrawn the exemption with effect from the date of issuance quoting CBDT’s notification No.272/2007 dated 08-11-2007. A copy of the letter received from ACIT(TDS) is enclosed which is self-explanatory. We have represented the matter before the CIT(TDS) and we were advised to apply for exemption before the ACIT(TDS) again and directed us to inform all the port users regarding the withdrawal of exemption granted by Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam. Since communicating the decision to all the members directly from Port will be time consuming we kindly request you to inform the matter to all your members immediately by e-mail and request them to deduct TDS on remittances to the Port. We have also published the matter in the official website of Cochin Port Trust.
Yours faithfully,
Encl: 1) Copy of Letter from ACIT(TDS)
F.A.&C.A.O




COCHIN PORT TRUST CENTRAL ACCOUNTS DEPARTMENT Willingdon Island, Cochin – 682 009
CAD/Taxescell/Income Tax/TDS	24-06-2008
To, All Port Users Sir, Sub: Certificate u/s.197(1) dated 29-04-2008 issued by the Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam – withdrawal of the same – reg. We have vide our letter No. CAD/Taxescell/Income Tax/TDS dated 29-04-2008, communicated decision of Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam, granting exemption u/s.197(1) of the Income Tax Act, exempting all Port users (except M/s.IGTPL and Banks) from deducting TDS on remittances to Port. However, the Asst.Commissioner of Income-tax(TDS), Kochi, vide their letter No.F.No.ACIT(TDS)/197/CPT/2008-09 dated 20-6-2008 withdrawn the exemption with effect from the date of issuance quoting CBDT’s notification No.272/2007 dated 08-11-2007. A copy of the letter received from ACIT(TDS) is enclosed which is self-explanatory. We have represented the matter before the CIT(TDS) and we were advised to apply for exemption before the ACIT(TDS) again and directed us to inform all the port users regarding the withdrawal of exemption granted by Asst.Commissioner of Income Tax, Circle 2(1), Range-2, Ernakulam. Since communicating the decision to all the members directly from Port will be time consuming we kindly request you to inform the matter to all your members immediately by e-mail and request them to deduct TDS on remittances to the Port. We have also published the matter in the official website of Cochin Port Trust.
Yours faithfully,
Encl: 1) Copy of Letter from ACIT(TDS)
F.A.&C.A.O