"March, 1973" Archive

Notification: S.O.179(E) Date of Issue: 29/3/1973

Notification: S.O.179(E) (29/03/1973)

Notification: S.O.179(E) In exercise of the powers conferred by sub-section (1) of section 295 of the Income-tax Act, 1961 (43 of 1961), and rule 92 of the Second Schedule to that Act, the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax (Certificate Proceedings) Rules, 1962, namely :--...

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Notification: S.O.1095 Date of Issue: 27/3/1973

Notification: S.O.1095 (27/03/1973)

Notification: S.O.1095 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....

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Circular No. 109-Income Tax dated 20-3-1973

Circular No. 109-Income Tax (20/03/1973)

Circular No. 109-Income Tax The correct legal position regarding depreciation and extra shift allowance is clarified as under : NORMAL DEPRECIATION UP TO 1969-70 - Non-seasonal factory was entitled to no depreciation unless it worked for more than 30 days, 50 per cent if it worked for more than 30 days, and 100 per cent depreciation if ...

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Notification: S.O.160(E) Date of Issue: 20/3/1973

Notification: S.O.160(E) (20/03/1973)

Notification: S.O.160(E) This notification contains Amendment to Income-tax Rules carried out on March 20, 1973 not reproduced here as it is already contained in the body of the Rules itself...

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Notification: S.O.159(E) Date of Issue: 20/3/1973

Notification: S.O.159(E) (20/03/1973)

Notification: S.O.159(E) In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :-- This notification contains Amendment to Income-tax Rules carried out on March 20, 1973 not reprod...

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Circular No. 108-Income Tax dated 20-3-1973

Circular No. 108-Income Tax (20/03/1973)

Circular No. 108-Income Tax The rates of income-tax for the assessment year 1972-73 in the case of all categories of taxpayers (corporate as well as non-corporate) are specified in Part I of the First Schedule to the Finance Act, 1972. In the case of taxpayers other than companies, the rates are the same as were specified in Part III of t...

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Notification: S.O.1054 Date of Issue: 9/3/1973

Notification: S.O.1054 (09/03/1973)

Notification: S.O.1054 Dudhsagar Research Association, Mehsana has been approved by the Indian Council of Agricultural Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, for a period of three years with effect from 1st April, 1972....

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Circular No. 106-Income Tax dated 7-3-1973

Circular No. 106-Income Tax (07/03/1973)

Circular : No. 106-Income Tax I am directed to forward a copy of draft circular letter setting out the rates at which income-tax and surcharge should be deduct­ed from interest on Government securities on or after April 1, 1973. It is requested that a circular on the basis of this draft may be issued by you immediately to all Treasury O...

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Circular No. 107-Income Tax dated 7-3-1973

Circular No. 107-Income Tax (07/03/1973)

Circular : No. 107-Income Tax I am directed to invite a reference to this Ministry’s Circular No. 83 [F. No. 275/10/72-ITJ], dated 21-3-1972, on the subject of deduction of income-tax from salaries paid during the year 1972-73. The Finance Bill introduced in the Parliament on February 28, 1973, inter alia, prescribes the rates at which ...

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