"December, 1970" Archive

Notification: S.O.692 Date of Issue: 31/12/1970

Notification: S.O.692 (31/12/1970)

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 Krishna Temple, Guruvayur, to be a place of public worship of renown for the purposes of the said section ...

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Declaration as a Company U/S 2(17) of the I.T. Act, 1961

Circular No. 50—CBDTs letter No. 60/26/67-II(AI) (31/12/1970)

For declaration of an association as a Company u/s 2(17) of Income-tax Act, 1961, the Board laid down the following criteria :— (i) The applicant should be a legal person according to the laws of the country in which it is incorporated; and (ii) The applicant should possess the ordinary characteristics of company limited by shares...

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Circular No. 52-Income Tax dated 30-12-1970

Circular No. 52-Income Tax (30/12/1970)

Circular : No. 52 -Income Tax Under section 11(1), as amended by the Finance Act, 1970, income derived from property held under trust for charitable or religious purposes is exempt from income-tax only to the extent such income is actually applied to such purposes during the previous year itself or within three months next following. ...

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Notification: S.O.313 Date of Issue: 26/12/1970

Notification: S.O.313 (26/12/1970)

Notification S.O.313 - Institute for Financial Management and Research, Madras - It is hereby notified for general information that the institution mentioned below has been approved by the Council of Scientific and Industrial Research...

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This notification relates to Levy of Fees (Customs Documents) Regulations, 1970

Notification no. 106/1970-Customs (26/12/1970)

Customs Document means document used in compliance with the provisions of the Act and includes a bill of entry, shipping bill, bill of export, import manifest, import report, export manifest, export report, bill of transhipment, baggage declaration, show cause notice and any order passed under the Act....

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Circular No. 51-Income Tax dated 23-12-1970

Circular No. 51-Income Tax (23/12/1970)

Circular No. 51-Income Tax Reference is invited to paragraph 21 of the Board’s Circular No. 45, dated 2-9-1970 which explains the scope and ambit of section 13 as substituted by the Finance Act, 1970...

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Notification: S.O.4001 Date of Issue: 16/12/1970

Notification: S.O.4001 (16/12/1970)

This notification contains amendments to Income-tax Rules carried out on 16th December, 1970 not reproduced here as it is already contained in the body of the rules itself ...

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