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Archive: November, 1970

Posts in November, 1970

Notification: S.O.3951 Date of Issue: 25/11/1970

November 25, 1970 481 Views 0 comment Print

Notification: S.O.3951 The Association of Otolaryngologists of India, Bombay has been approved by the Indian Council of Medical Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, (43 of 1961) :

Notification: S.O.3769 Date of Issue: 18/11/1970

November 18, 1970 481 Views 0 comment Print

Notification: S.O.3769 This notification contains amendments to Income-tax Rules carried out on 18th November, 1970 not reproduced here as it is already contained in the body of the rules itself

Circular No. 49-Income Tax dated 16-11-1970

November 16, 1970 1347 Views 0 comment Print

Circular No. 49-Income Tax Section 288B, introduced by the Finance Act, 1966, provides for rounding off of the amount of tax (including tax deductible at source or payable in advance), interest, penalty, fine or any other sum payable and the amount of refund due under the provi­sions of the Act, to the nearest rupee and for this purpose where such amount contains a

Notification: S.O.153 Date of Issue: 12/11/1970

November 12, 1970 556 Views 0 comment Print

In exercise of the powers conferred by sub-section 2(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Athmanathaswam

Circular No. 48-Income Tax dated 7-11-1970

November 7, 1970 1554 Views 0 comment Print

Circular: No. 48 -Income Tax I am directed to invite a reference to the Board’s Circular No. 22/68-IT(B) [F. No. 12/23/68-IT(B)], dated 28-3/13-5-1968, regarding the provisions of section 194A. Instances have been brought to the notice of the Board where in the case of outstation sale of goods the supplier draws a hundi on the buyer and routes it through his banker

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