LatestLaws.

com

!!
LatestLaws.com
2
 LatestLaws.com
3

! " #
$ ! % &' ( &' % ) !*!+!
!*, + -
- . -
% /0 1 !*!+! !*, 23456722 8 42* 6*
+2.$5!# 6* % (9

"#$% %&%'( )*+ ,#--(*,(-(*% . #

: 2 ; 4 + % (<

- - %
-
. = < < <' < (<

(/&*&%&#*01. * %"(0( $(23')%&#*0 3*'(00 %"( ,#*%(4% #%"($5&0(

$(63&$(01.

7 ,%7 ! " #
$ ! % &' ( &' >

7),%3)$87 -
! % ?@ A ?@ >

7 99(*+&47 % ! >

7):($)2( (-#'3-(*%07 -
-
>

7 )*;7 #B2
C + # B2)$52 ! >

7 #)$+7 ) >
 LatestLaws.com
4

7 "&'+7 % % %
0 - %
0 - : :
>

7 #-9(%(*% 3%"#$&%87
>

7,#*0#'&+)%(+ 5)2(07

>

D 7 #*%$&<3%&#*7
C %
>

7+)%( #/ $(%&$(-(*%7

- >
- >

7+((-(+ %# "):( $(%&$(+7 -

. - 0
) 3 )
C+ #
B2)$52 ! ! "
# $ ! % @' A' @'

! % (( ? (( >

7 &0,&9'&*( )*+ 99()' (23')%&#*07

6 2 8 ) ! + % &E
! >

7(-9'#8((7 -
%
0
-
 LatestLaws.com
5

%
>

7/)-&'87 /0

F
>

D %

-- >

-
-
0 % -
<

G - % -
G <?

7/&*)*,&)' 8()$7
! >

" 7!3*+7 8 4 C
(>

7*#%&/&(+ )%(7
. = >A
(
:4 : %0

H % @E

1
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
2
Amended w.e.f. 20.11.2010 ref Circular No.13/2011 dated 11.01.2011
3
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
4
i.e. 29th Sept-1995
5
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
6

* - % >
H %
@E H % ?% 0

% %

4 - C
>

- * - % >
-
H % ?% 0

% >

4 - C
>
C 4 ! >
-
A@ ! !- 4
E'I ''E>

- ! % @0
% >

4 - C
>
C 4 ! >

- -
* E E !
!- F
E'I ''<

6
Amended w.e.f. 17.04.2004 ref Circular No. 131/2004 dated 03.06.2004
 LatestLaws.com
7

49')*)%&#*1

C % %
C 4 ! %
C 4 !

' < < &

' <'A< @ >

79(*0&#*7
J >

79(*0&#*($7
>

- 793<'&, /&*)*,&)' &*0%&%3%&#*7

A! ! % (E (E >

763)'&/8&*2 0($:&,(7 -

>

7$(%&$(+7 - >

7$(%&$(-(*%7 8 - %0

-
+ >

- -
>

- +
>
 LatestLaws.com
8

= : : 0
% ! % %
B + ! % %

>

= 70($:&,( $(23')%&#*07 6 8 -
+ % & ! >

= 70(%%'(-(*%7

>

= 7%$30%7 2 8
4 C 0
(>

= 7%$30%((7 2 8
4 C (>

= 7%$30%(( #/ %"( $#:&+(*% !3*+7

4 - C >

=
% ! - +
- -
! % - +
% <
 LatestLaws.com
9

= 99'&,)%&#*1. # %0

-
H % @E
* - % ?>

C >

8 4 -
C

4 - C
! %
&
( - >

- * - % ?
>

C >

8
4 - C

7
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
10

4 - C
>

? -
-
>

C >
4 - C

C
+ (>
A D - >
( -
* - % ?
%

-
% -
% K

C >

- 8
4 - C

4 - C
>
E D -
* - % ? - -
%
/
 LatestLaws.com
11

4 -

8
4 - C % %

4 - C
>

4 -

>

& F -
H % @E -
? 6 % ?
? 6 % ?

% %

C >

-
;
4 - C
<
4 -
C
! % (%
@
- >

@ D - ?
6 % ? -
* - % ?%

8
Amended w.e.f 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
12

%0

C >

-
8
4 - C %

4 - C
>

* 0 % %
?% ( @

% 8
4 - C

- 8
4 - C - 4 - C
# %
4 - C

4 - C
-
(<

' * 0 % (%
E @% G
* - % ?
! % (
-
* - % ? ! % (
 LatestLaws.com
13

%
%
0 8
4 - C

4 - C

! % (% - <

> 9%&#* %# 03<0,$&<( %# %"( $#:&+(*% !3*+.

* 0 A
?% D -
-
% %
% %
%
<

#
?% % <

9
Inserted w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
14

#*0%&%3%&#* #/ %"( !3*+.

# C
2 8 4 C -
<

# C - -

<

? # C

<

? &)<&'&%8 #/ %"( $#:&+(*% !3*+ $30% . # 4 - C

% C %
2 8 4 C
4 - C

- <

@ #-9#0&%&#* #/ %"( !3*+ . # C %

0

<
>

4 -
C
>

- + >
 LatestLaws.com
15

-
C >

C >

-
>

-
C >

<

A #)$+ #/ $30%((0 .

#
%
% <

# -
<

? #
< #

<

A #
0
> -
'
<

10
Inserted w.e.f. 20.11.2010 ref Circular No. 13/2011 dated 11.01.2011
 LatestLaws.com
16

$30%((0 %# ,)$$8 #3% %"( +&$(,%&#*0 #/ %"( )*; B

#
- C <

4 - -
D - <

C ##;0 #/ ),,#3*%0 #/ %"( !3*+D.

# C %
C
<

F
%

<

? # C
- ' ! <

,%3)$&)' &*:(0%&2)%&#* #/ %"( !3*+1.

# - !
C - %
? 3 %
C "
<

4 - -
! C %
? 3
C <

11
Inserted w.e.f. 20.11.2010 ref Circular No.13/2011 dated 11.01.2011
12
Amended w.e.f. 20.11.2010 ref Circular No.13/2011 dated 11.01.2011
 LatestLaws.com
17

*:(0%-(*% #/ %"( !3*+1.

! C -
C %
4 6 - !
! -

4 +
-
0 E& #
+ % E < ?>

= )8-(*% #3% #/ %"( /3*+1.

<

13
Amended w.e.f 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
18

F ! E

> F3)'&/8&*2 0($:&,(1.

D %
-

- " <

#--(*,(-(*% #/ 63)'&/8&*2 0($:&,(1.

D - %
" -

<

? #3*%&*2 #/ 0($:&,( #* 9$#<)%&#*1.

-
" <

@ #3*%&*2 #/ 9($&#+0 09(*% #* '():( 1.

! - - -
" - <

4 - -
" -
- -
- % -
<

A $#;(* 9($&#+ #/ 0($:&,( #/ '(00 %")* #*( 8()$1.

-
- %
%
% <
 LatestLaws.com
19

4 - -
- "
<14>

#3*%&*2 #/ 9($&#+ 09(*% #* %$)&*&*21.

4
" - <

C #3*%&*2 #/ 9)0% 0($:&,( &* %"( ($0%5"&'( )*;1.

- %

% -
% %
% %
-
% % " /

4 -

<

($&#+ #/ 0309(*0&#*1.

4 "
" - % " %

D % %
" - !
- + )
! + -

<

!#$/(&%3$( #/ 0($:&,(1.

14
Inserted w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
20

+ -
-
- "
" >

! -
- % %
/0

- >

%
% %

>

0" -
. -

>

D <

? * 0 %
% %
- -
- <

A
- %
-
0
- " - >
 LatestLaws.com
21

* L M
% -
(
- <

= ($&#+ #/ +(93%)%&#* %# /#$(&2* 0($:&,(1.

! - $ *
%

-
- " -
>

-
- "
- /

4 - %

%
<

> &'&%)$8 ($:&,(1.

! -

% % -
" - <

($&#+ #/ +(93%)%&#* %# )* #$2)*&0)%&#* &* *+&)1.

4
" - %

4 -

&

15
Amended w.e.f. 01.05.1999 ref Circular No.151/1999 dated 22.06.1999
 LatestLaws.com
22

%
- <

? ++&%&#* %# 63)'&/8&*2 0($:&,( &* 09(,&)' ,&$,3-0%)*,(01.

! - "

- % - %
- %

0 % "
% >
% >

>

- -
-
" /

4 -
" - "
- /

4 -
-
- - %
/

4 - -

- . - <
 LatestLaws.com
23

@ #3*%&*2 #/ 0($:&,( $(*+($(+ #* 9($-)*(*% 9)$%.%&-( <)0&0 .

0 -
4 - C % -
0
4 - C "
- <

C
G

% " -
! J E<

?
%
% -
" - <
&
- <

#%(1

# - G " -
' <' < &@% -
<

16
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
17
Inserted w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
24

A 39($)**3)%&#* (*0&#* A1.

- + <

4 - % % '''

%
- (

- . - <

(*0&#* #* E#'3*%)$8 (%&$(-(*%1.

6 * - % ?
" -
% -
- >

4 - 0
-
- -

- >

4 - 0
-

- /

18
Amended w.e.f. 27.04.2002 ref Circular no.130/2002 dated 10.06.2002.
Explanatory memorandum is provided in Annexure.
 LatestLaws.com
25

4 - 0
-
<

# - - 0
" <

4 -

%
- <

? ! 0
"
- -
>

6 " %
% D - 0 %
"

- - %
"

<

A ! %
-
%
- /

4 - "
<

( # " - -

- % D
" -
 LatestLaws.com
26

0
<

E #
-

% - " - %

<

=C *:)'&+ (*0&#*1.

- %0

- >

- %
* - % ?%

- <

! -

- <

? F 3 6 -
-
% %
- %
-
% - <

A * -

!
-
<

(# -
!
 LatestLaws.com
27

<

= #-9)00&#*)%( ''#5)*,(1.

! % -
- % /

4 -
-
- % K

- %
* - % ?>

- %
0
-
" -
% - <

# ! -
0
?E
<

= $(-)%3$( (%&$(-(*% (*0&#*1. $(-)%3$( (%&$(-(*%

(*0&#* -)8 <( 2$)*%(+ %# )* (-9'#8(( 5"#1.

- >

- %

<

19
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
28

== #-93'0#$8 (%&$(-(*% (*0&#*1.

! -
* - % ?
6 2 8 ) ! + %
&E G
%
0

'
<

F -
! %
-

% )
<

? ! 0 %
% 0
- -
<

=> )8-(*% #/ 9(*0&#* #$ /)-&'8 9(*0&#* &* $(09(,% #/ (-9'#8((0

5"# $(%&$(+ #$ +&(+ <(%5((* A? %# = C =1.

2 - -
H % @E ?
6 % ?
* - % ?<

# -
- 0 & ?

% * - % ?<

20
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
21
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
29

= -#3*% #/ (*0&#*1.

4 % - %
- !
<

- - +
" -

< - <

? ! <
-
- >

<

49')*)%&#*/0 C 0
: :
4 -
C <

A 4 0
? - D
% <

( !
- A
- %
<

22
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
30

E
" - 0 %
" - %

0
?

<

*
% -

- -
- <

& #

<
=
=? &*&-3- (*0&#* 1. #
%0

- -
0

* - %
H % ?

0
* - % >

-
0
%
* - %
H % ?

23
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
31

* - % <

! % @
0
G? % -
0 J
-
0
N 0
! % @<

=@ ()$*(00 ('&(/1.

)
-
! <

) -
<

=A (%($-&*)%&#* #/ %"( 9($&#+ #/ %(* -#*%"0 /#$ ):($)2(

(-#'3-(*%01.

#
-
<

-
-
<

? -
-
 LatestLaws.com
32

-
<

A -
-

- %
-
-
" <
 LatestLaws.com
33

!
= !)-&'8 (*0&#*

F D -
K

- >

-
-
-
-
>

-
%
>

%
! >

4 -
-
H % @E -
? 6 % @&
? 6 @& %

%
A
! J<

%
>

24
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
34

4 -

<

? F % -
F 8 ! % ? @ ?%
- -
- 8 - %

"

0 %F - %

-
- -- - >

-
%
0
-

-
- -- % -
(
>

4 -

<

%
%
E
<

25
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
26
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
35

2 /C 0 %
: :

- <

F % -
F 8 ! % ? @ ?%
- -
- 8 - %

"

0 % -
>

>

0 <

A *

0 ( ?
- - 0 E
& @ ?%

<
 LatestLaws.com
36

>C ($&#+ #/ 9)8-(*% #/ /)-&'8 9(*0&#*1.

0 % - >

G - G
- G G
&
% - >

4 - G
G - G
G
+ < %(('G0
. - G - G 0
% <

4 -

- -
- %

D % /0

<
%

0
0
-
-

>

27
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
LatestLaws.com
37

<

-
/

4 -

0 >

< #

D >

-<
% !

-
- -

- % %
%
>

-< # -

-
-
-

<
 LatestLaws.com
38

2 / #

D
% O

0
>

- <
%

- K

!
- >

<

- G -
G 0 < + < %(('G0
<@

-
%
%
>

28
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
39

-
>

4 -

0 >

" >

4 -
% -
%

% <

F -
%

0 %
%
<

? F
%
<

A
- -
- %

-- -
% --

D %
/0

29
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
LatestLaws.com
40

--

0 0
0 ? ? %
K

-
* - %
H ?<
>

* -
H %
? >
-
%
%
! % @<

0
0 0+ ?
+ ?
0
+ ? %
0

-
* - %
H ?
>

* - %
 LatestLaws.com
41

H %
? >
-
%
%
! % @<

0 + ?
0

-
* - %
H ? >

* - %
H %
? >
-

! % @<

(
%
" >

%
>

4 - --
%

" %
% % >
 LatestLaws.com
42

--
- %

- - -
>

4 -

%
% %
G
% " %
% %
>?'

F
--
- - %

- -
?
- /

4 -

% %
%
G
" %
% %
<

30
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
31
Inserted w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
43

0
- >

- 0

<

E F -
D
%
-- >

4 - D

D
%
-- --
<

&
- D
%

-- -
>

F --
%

<

@
%

<

-
- % -
%
LatestLaws.com
44

%
%
- %

>

% 0

-
%
-

%
>

"
%

>

- 0

<
 LatestLaws.com
45

> #--3%)%&#*= 1.

!
0
/
4 - -
0 ( + ? %

0
<
! %

0
<

?
%
<

A #
# - /0

32
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
46

- + <

! - ! -

8 8
& < @ ( < (
@ < ' ( <EE
< (? <?(
' <' (A <'(
@< (( <&?
@<@ (E <A
? @<&' (& < '
A @<( (@ '<&@
( @<A& ( '<AE
E @<?A E' '< ?
& @< E <@
@ @<'& E <A@
&< ? E? < (
?' &<&@ EA @<@
? &<E E( @<('
? &<AE EE @< &
?? &< E& &<@(
?A &< E@ &<(?
?( E< E &<
?E E<& &' E<
?& E<( & E<E'
?@ E<? & E<?'
? E<' &? E<'
A' (<@& &A (<&
A (<EA &( (<AA
A (<A' &E (< &
A? (< ( && A< '
AA A< ' &@ A<E(
A( A<EA & A<A'
AE A<?& @' A< &
A& A< ' @ ?< A
A@ ?<@ @ ?<&
A ?<(A @? ?<(
(' ?< ( @A ?<?
(' ?< ( @( ?< ?
 LatestLaws.com
47

* /
# - -
8
< #
-
'<AE 8 % %

%
+ < '' '<AE I+ < % (( >
( !
-

<
E !
-

<
4 - ' G'&G ''?%
-

- < F % - %
-

%
%
 LatestLaws.com
48

- -
<??

&
-
%
%
<
B - %

% D
/

4 -
- + AE

D
%
0
"
D
<

@ ! K

- ?'
>

? >

??<

D 0

- <

33
Amended w.e.f. 17.04.2004 ref Circular No.131/2004 dated 03.06.2004
LatestLaws.com
49

#
P

%
/

4 - - 0
?

0 >

-
%

%
-
! >

-
%

%
-
- >

* -
? -
% * - % ?%

0
?>
LatestLaws.com
50

-
* - % ?

%
0
?>

* - %
? %

0 ( ?>

-
?'
?
?? %

- -
>
 LatestLaws.com
51

> (*0&#* 03<H(,% %# /3%3$( 2##+ ,#*+3,%1.

C -
<

>= &%""#'+&*2 #$ 5&%"+$)5)' #/ 9(*0&#*1.

# ! % %
%
% -

- >

4 -

<

>> #*:&,%&#* <8 #3$%1.

F -
5 % D
- <

> (*0&#*($ 23&'%8 #/ 2$):( -&0,#*+3,%1.

+ AA
!
- % % %
6 2 8
) ! + % &E
<
 LatestLaws.com
52

>? $#:&0&#*)' (*0&#*1.

D
%
- % "
- %
D D
%
-
-
<%
<

<#
D <
! -
D <

2 0 %0

Q ;
- - 6 ! % ?
?>

: - :

% % %
% % %
( 6 ! %
? ?
D

<
 LatestLaws.com
53

: : -
( 4
% @E' A( @E' >

: : -
A'(
4 % @E' A( @E' >

: : -
AE? 4
% @E' A( @E' <
>@ #--3%)%&#* #/ 9(*0&#* +3$&*2 +(9)$%-(*%)' #$ H3+&,&)'
9$#,((+&*201.

! D
-

- % %
%
<

>A (,#:($8 #/ (,3*&)$8 '#00 ,)30(+ %# %"( )*;=>1.

# !
%
-

D
-

- /

4 -
/

34
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
54

4 - %
- % %
%

- <

* %
- %
-
/

4 -

- <

? F ! -
% -

4 -
%

<

> (,#:($8 #/ )*; 0 +3(01.

# -
% - % % -
- 0 -
-
<
 LatestLaws.com
55

C #--($,&)' (-9'#8-(*% )/%($ $(%&$(-(*%1.

%
- <

D - 0 ?%
% %
% % D % %
% % %
%

<

? 0
%
- %
/

>

>

- >

- - >

35
Amended w.e.f. 22.02.2014 ref Circular No243/2014dated 06.05.2014.
 LatestLaws.com
56

-
-
- >
>

- <

A F
0 ?%

%
- >

4 - -

- -
<

( F D
%
%
%

>

4 -

0
-

<

E
=?

36
Amended w.e.f. 22.02.2014 ref Circular No243/2014dated 06.05.2014.
 LatestLaws.com
57

4 - -

4 - 0
% -
% /0

>

% %

% >

- <

& 2- $
<

@ % :
: /

%
% 0 - % -
% % %

% %
 LatestLaws.com
58

. - . - >

%
% -

! "

"

-
- -
%

- -
<

2 /0 C %
: 0 - :
% -
% 4 % %3 %
% # % -
<

#-&*)%&#*

# - -

-
-
%
- % <

<
 LatestLaws.com
59

0 % % %

-
-
<

? ! % %
- -

<

A ! -
-
- <

)%( /$#- 5"&," 9(*0&#* <(,#-(0 9)8)<'(1.

2 -
+ A? + AE

<

<

? 4
<

= 3$$(*,8 &* 5"&," 9(*0&#* &0 9)8)<'(1.

!
<

> )**($ #/ 9)8-(*% #/ 9(*0&#*1.

!
<
 LatestLaws.com
60

#5($ %# &003( &*0%$3,%&#*01.

# 3 )
%
<

? (0&+3)$8 9$#:&0&#*01

%
% -
- - + % & - -
4 + % @
. -
% -
. - % % <
 LatestLaws.com
61
=@
GB

(( (23')%&#* =

<#
' <' < @E ? < '< @&
/0
!< (' + < ''' + <RRRRRRRRR
-

A( + <('' + <RRRRRRRRR
A' - + <RRRRRRRRR

+ < (''

# S S + <RRRRRRRRRR !
< (' - + <RRRRRRRRRR
' -

< ) + E'' + <RRRRRRRRRR

! !-
4 F
E'I ''%
! - % # - <

)< # + <RRRRRRRRRRR )
I S *
" - 3 ??
??

2< ' < < ? + <RRRRRRRRRRR 2

+

4 - C
' ! % @ 6 8 - + %
%
<

37
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
62

+ E'' !
!- 4 F
E'I ''
' <' < @E ? < '< @&/

2 @'<A'
/ ! - <

2 E&
! - <
+ <&(EG0

2 + <&(&G0
- /

! #
+ < + <

&(&0& E ('@0''
& &0@'A (?A0''
@'(0@ A (A'0''
@ (0@AA ((?0''
@A(0@EA (E&0''
@E(0@@A (@'0''
@@(0 'A ( ?0''
'(0 A E'&0''
(0 AA E '0''
A(0 EA E?A0''
E(0 @A EA&0''
@(0 ''A EE'0''
''(0 ' A E&A0''
' (0 'AA E@&0''
'A(0 'EA &' 0''
'E(0 '@A & A0''
'@( - & &0''
 LatestLaws.com
63

2
/

LM C EE
$ + <&E(G0 4 ! -
D + <(''G0

L M C + <(''G0
/
C + <&EEG0
+ < E(G0

L M C A < '
6 + < EEG0 ! -
- > D
+ <& (G0<

< #
- * - %
% ? -
H % ? 3 %
A /0
# + <
G '
" - <
+ <
#
A@ % -
%
- <

? # - + <

- <

A # - + <
G '
" -
<
 LatestLaws.com
64

( # ? A + <
E !- + <
< <% # ( -
'

& $ ('N E -
* " - < ??
??

@ 4 + + <

?< -
* - % * - % A
-
H % ? * - % A

A C % ( 6 8 - + %
%

% < < <%

* - % A/

4 - * - %
% - % ?
6 % A -
0 -
<

A< -
* - % A -
0 - - '
- %
A C % (
6 8 - + % %
0 -

<
 LatestLaws.com
65

#%(1

# -
* - % A
<

(< -
* - % - 0 -
-
* - % A -
0 - -
- %
0 -

- A -
E'' " - ! 4
F E'I ''<
 LatestLaws.com
66
=A
99(*+&4
?&
) /0

H % @E%
* - % >
8 H % @E%
H % ?%
- - - % %
- A - E'' " - !
!- 4 F
E'I ''< -
- /0

$ + < (' '<E&

+ < ( + < ''' '<E& + < ('
'<((
+ < ('<

+ < '' + < ?' '<E& + < (' '<((

+ < ''' + < ('

'<??
+ < '''<
- ! - + < ?' '<E& + < (' '<((

+ < ''' + < ('

'<??
+ < ?'
+ < ''' '< &

+ < ?'<

38
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
67

* - % >
8
H % ?% -
- - % % - A -
A@ " - ! !-
4 F E'I ''<
-
- /0

$ + < A'' '<?(

+ < A' + <?@(' '<?( + < A'' '<

+ < A''<

+ <?@( + <A '' '<?( + < A'' '<

+ <?@(' + < A'' '< &

+ <?@('<

- ! - + <A '' '<?( + < A'' '<

+ <?@(' + < A'' '< &

+ <A '' + <?@(' '<'

+ <A ''<

? ! %
@% - -
- % % - A - E E
" - ! !- 4
F E'I ''<
-
- /0
 LatestLaws.com
68

$ + <??@' '< (
+ <??@ + <(A ' '< ( + <??@'
'<
+ <
??@'

+ <(A + <(&&' '< ( + <??@'

'<

+ <(A ' + <??@'

'<

+ <(A '<

- ! - + <(&&' '< ( + <??@'

'<

+ <(A ' + <??@'

'<

+ <(&&' + <(A '

'<'E

+ <(&&'<

LAM )
C ? H
" -
6 % * - ) -
!
? H " -
! %3 H <
 LatestLaws.com
69

L(M % -
%
- <

LEM ) -
<

L&M ) <

L@M 4

<
 LatestLaws.com
70
=
99(*+&4

+ ?

# /0

0 %

' < < 8

' <'&< ?<

! C 4

$ + < ('' ?' 8 8

?'

4 -
C

< #

+ <?&( <

+ < (' + <?''' ' 8 8

C 4 '

4 -
C

< #

+ <A(' <

! - + <?''' ( 8 8
(

39
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
71

4 -
C
<
#

+ <E''
+ < (' <

L M 0 %

' < < 8

' <'&< ?/

! C 4

$ + < @&' ?' 84 8

?'

4 -
C
<
#
D
+ <& ' <

+ < @& + <(&A' ' 84 8

'

4 -
C
<
#
D
+ <@E' <

! - + <(&A' ( 84 8
(

4 -
 LatestLaws.com
72

C
<
#
D
+ < ('
+ < A'' <

' <'A< @/

! C 4

$ + <A'A' ?' 84 8

?'

4 -
C

<#

+ < ' (
<

+ <A'A' + <@'@' ' 84 8

'

4 -
C

<#

+ <
<
 LatestLaws.com
73

! - + <@'@' ( 84 8

4 -
C

<#

+ < E E
??&@
<

#%(01

) <

- 84 8 0
: :
0 ? ?(<

? 0 %

<

A
%
-

< B - %
- - <
 LatestLaws.com
74

G B E>C

(( (23')%&#* @

! - 0
5 " -
- 0
<

? 6

3 ? 6

3 #

3 6

40
Amended w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
75

99(*+&4 E>

(( (23')%&#* =

#
-
H % @E -
? 6 % @&
? 6 % @& /0

)0&, !)-&'8 (*0&#*1

!
G + <

# - + <

) + E'' ! + <
!- 4
F E'I '' #
- ! 0
- <

) $ < <% S + <

2 $ ) - + <

C + <

) -

! C 4

41
Inserted w.e.f. 30.11.2002 ref Circular No.265/2002 dated 24.12.2002
 LatestLaws.com
76

4 - C
< '<'A< @ G6 8 - +
G
<

* /0

) <

+ <?&(%
+ <?&(
<

)<'(

4 + ! C 4

+ <EEAG0 ?' 8 8

?'

4 -
C

+ < ''
+ < EEG0

+ <EEAG0 -
+ < G0 ( 8 8

4 -
C
 LatestLaws.com
77

+ < EEG0
+ < EEG0<

+ < G0 - 8 8

4 -
C

+ < EEG0
+ <A (G0<
 LatestLaws.com
78

>

< + G 4 !
* < G
0
? ! !
2 G+ 3 )
2 GC

! J F 2
+ K ) .
3
6 G !
. 3

<
! .
3 4
F F
2 B
6 <
6 %
T T 2 -
J% J K .
3 % 4
F <

2 -
J 0 2 -
) <

2 -
J K T
3 ) <

42
Amended w.e.f. 29.12.2010 ref Circular No.12/2011 dated 11.01.2011
 LatestLaws.com
79

? ? T ?? * !

! G -
+ 4 < )
!
A A T( 4 F T 6
0 0
4 T ! .
3
< 6 <
+
! .
3 4
F F T
6 0
B 6 <

2 -
J T J K .
3 % 4
F <

2 -
J K2 -
) <

2 -
J K T
3 ) <

+ (
!
4
C <
 LatestLaws.com
80

( A? F F T 6
K
A( ! .
) 3 <
T 4
T - 2 -
A@ J T J K .
3 % 4
F

2 -
J K 2 -
) <

2 -
J K T
3 ) <

E (' . 6
0. 3 %
4 F

2 -
JTJ K2 -
)

2 -
J TJ 0 T
3 )
 LatestLaws.com
81

G A1

< 8! % 0 D
. - % J +
J+ 4 ? <'@< '''<
# % % - -
( 8 - <
! - %
-
' " - -
?
% < #
- -
4 +
- J+ ? <'@< '''< #
- - 4 +

< % % -
0 4
C -
<

< % %
- '''
4 C - -
(
- <

?< G
- * -
- <

) / #
) : )*)$) )*; -9'#8((0
(*0&#* (23')%&#*0 9% -
- % <
LatestLaws.com
82
LatestLaws.com
83
LatestLaws.com
84