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Archive: 26 November 1973

Posts in 26 November 1973

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November 28, 2024 4359 Views 0 comment Print

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

November 26, 1973 795 Views 0 comment Print

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.

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

November 26, 1973 633 Views 0 comment Print

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 of the First Schedule to the Finance Act, 1972 for purposes of computation of

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