"December, 1972" Archive

Notification: S.O.332 Date of Issue: 30/12/1972

Notification: S.O.332 (30/12/1972)

Notification: S.O.332 Pulp & Paper research Institute, Rayagada has been approved by the Council of Scientific and Industrial Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961....

Read More

Notification: S.O.263 Date of Issue: 23/12/1972

Notification: S.O.263 (23/12/1972)

It is hereby notified for general information that the institution mentioned below has been approved by Indian Council of Social Science Research, the prescribed authority for the purposes of cl...

Read More

Circular No. 99-Income Tax dated 21-12-1972

Circular No. 99-Income Tax (21/12/1972)

Circular No. 99-Income Tax Board had vide their Circular No. 70 [F. No. 210/33/71-IT(A-II)], dated 11-12-1971 [ Clarification 1] made a provision to the effect that where applications for fresh registration, continua­tion or renewal of registration in the old Form Nos. 11, 11A and 12 were filed, the Income-tax Officer should allow the f...

Read More

Notification: S.O.262 Date of Issue: 21/12/1972

Notification: S.O.262 (21/12/1972)

Notification: S.O.262 It is hereby notified for general information that the institution mentioned below has been approved by Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961....

Read More

Notification: S.O.261 Date of Issue: 20/12/1972

Notification: S.O.261 (20/12/1972)

Notification: S.O.261 It is hereby notified for general information that the institution mentioned below has been approved by Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961....

Read More

Circular No. 98-Income Tax dated 16/12/1972

Circular No. 98-Income Tax (16/12/1972)

Circular No.98 - Income Tax In the case of Indian Aluminium Co. Ltd. v. CIT [1972] 84 ITR 736, the Supreme Court virtually overruled its earlier decision in Travancore Titanium Products Ltd. v. CIT [1966] 69 ITR 277 and held that wealth-tax paid by an assessee in respect of business assets is deductible as a business expense in computing...

Read More

Circular No. 97-Income Tax dated 14-12-1972

Circular No. 97-Income Tax (14/12/1972)

Circular No. 97-Income Tax Maintenance of conveyance - Allowance of deduction therefor when vehicle is in repair - I am directed to invite a reference to the Board’s Circular No. 15 [F. No. 40/22/69-IT(A-I)], dated 8-5-1969 and to say that in the manner of standard deduction from "salaries" under section 16(iv), a question has arisen,...

Read More

Notification: S.O.151 Date of Issue: 11/12/1972

Notification: S.O.151 (11/12/1972)

It is hereby notified for general information that the institution mentioned below has been approved by Council of Scientific and Industrial research, the prescribed authority for the purposes of clause (ii) of sub-secti...

Read More

Notification: S.O.150 Date of Issue: 11/12/1972

Notification: S.O.150 (11/12/1972)

Notification: S.O.150 It is hereby notified for general information that the institution mentioned below has been approved by Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961....

Read More

Featured Posts