"07 June 1968" Archive

Circular No. 4-P[LXXVI-65]-Income Tax dated 7-6-1968

Circular No. 4-P[LXXVI-65]-Income Tax (07/06/1968)

Circular No. 4-P[LXXVI-65]-Income Tax Section 32 of the Finance Act, 1968 has amended certain provisions of the Wealth-tax Act, 1957. These amendments relate to the provisions in section 5 for the exemption from wealth-tax in respect of certain assets; provisions in section 18 for the imposition of penalty for concealment or understateme...

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