"November, 1973" Archive

Notification: S.O.282 Date of Issue: 30/11/1973

Notification: S.O.282 (30/11/1973)

Notification: S.O.282 University of Poona, Poona has been approved by the Indian Council of Social Science Research, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961....

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Circular No. 125-Income Tax dated 26-11-1973

Circular No. 125-Income Tax (26/11/1973)

Circular No. 125-Income Tax The Institute of Chartered Accountants of India have repre­sented to the Board requesting for reconsideration of its earlier instructions that a power-of-attorney in favour of chartered accountants was required to be stamped in the manner prescribed in the Stamp Act....

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Circular No.126-Income Tax dated 26/11/1973

Circular No.126-Income Tax (26/11/1973)

Circular No.126 - Income Tax The rates of income-tax for the assessment year 1973-74 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, 1973. These rates - summarised in Annexure I to this circular - are the same as those specified in Part III...

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Notification: S.O.362 Date of Issue: 16/11/1973

Notification: S.O.362 (16/11/1973)

Notification: S.O.362 In pursuance of sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following persons for the purposes of the said sub-clause....

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Circular No. 124-Income Tax dated 13-11-1973

Circular No. 124-Income Tax (13/11/1973)

Circular No. 124-Income Tax The Finance Act, 1969 introduced, with effect from April 1, 1970, a new provision in section 80MM for the concessional taxation of income received by an Indian company by way of royalties, technical service fees, etc., from any business concern in India in consideration of providing technical know-how or rende...

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Notification: S.O.10 Date of Issue: 13/11/1973

Notification: S.O. 10 (13/11/1973)

Notification: S.O. 10 Indian Academy of Pediatrics, 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....

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Notification: S.O.9 Date of Issue: 8/11/1973

Notification: S.O. 9 (08/11/1973)

Notification: S.O. 9 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....

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SC judgment with retrospective effect can be a valid ground for condonation of delay in appeal filing

Karamchand Premchand Pvt. Ltd. Vs Commissioner of Income-Tax (Gujarat High Court)

In this case the challenge before the Court was to an order dated 29.1.1970 passed by the Commissioner of Income Tax who had dismissed the petitioner's Revision Application filed under Section 33A and Section 264(1) of the Act on the ground of limitation. The issue pertaied to the Assessment Year 1961-62, 1962-63, 1963-64, for which perio...

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