Notification: S.O.143 In exercise of the powers conferred by sub-section (3) of section 230A of the Income-tax Act, 1961, (43 of 1961), the Central Board of Direct Taxes hereby notifies that the provisions of sub-section (1) of the said section shall not apply to an authority as is referred to in clause (20A) of section 10 of the said Act, namely, an authority constituted in India b
Circular No. 135-Income Tax Section 194D provides for deduction of income-tax at source, at such rates as may be prescribed by the Finance Act of the relevant year, from payments of income by way of insurance commission, to a resident, whether an individual, a company or any other category of person. The rates for deduction of tax at source for the financial year 1974-75 which are prescribed in Part II of the First
