"26 March 1974" Archive

Circular No. 132-Income Tax dated 26-3-1974

Circular No. 132-Income Tax (26/03/1974)

Circular No. 132-Income Tax I am directed to say that the Board has examined in consultation with the Ministry of Law the question whether the provisions of section 52(2) can be invoked in respect of transfer of capital assets at the instance of the Government or where the consideration for such transfer is determined or fixed by the Cen...

Read More