Notification: S.O.738(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...
Circular No. 158-Income Tax -
Circular : No. 158 -Income Tax Section 10(3) was amended by the Finance Act, 1972 by which receipts of casual and non-recurring nature in excess of Rs. 1,000 would no longer be exempt from tax. A question has arisen as to whether this amendment would make receipts in the form of gifts liable to income-tax....
Circular No. 157-Income Tax -
Circular : No. 157 -Income Tax Attention is invited to Board’s Instruction No. 45/78/66/ITJ(5), dated 24-2-1967 [printed here as Clarification 2] on the subject of assessment made under section 41(2) of the 1922 Act/section 166 of the 1961 Act. In spite of the clear instructions to the effect that neither section 41 which give an optio...
Circular No. 156-Income Tax -
Circular : No. 156 - Income Tax . Indians, who have been and are being repatriated from Ceylon under the Ceylon Government’s repatriation policy, cannot bring with them more than a very limited amount of their savings. The balance has to be left in Ceylon in a bank to the credit of a non-resident blocked account....
Circular No. 155-Income Tax -
Circular: No. 155 -Income Tax Section195 imposes a statutory obligation on any person responsible for paying to a non-resident, any interest (not being "interest on securities") or any other sum (not being dividends) chargeable under the provisions of the Income-tax Act, to deduct income-tax at the rates in force unless he is himself...
Notification: S.O.725(E) -
This notification contains Amendment to Income-tax Rules carried out on December 19, 1974 not reproduced here as it is already contained in the body of the Rules itself ...
Circular No. 159-Income Tax -
Circular No. 159 - Income Tax The Interest-tax Bill, 1974, as passed by Parliament, received the assent of the President on 23-9-1974 and has been enacted as the Interest-tax Act, 1974 (45 of 1974). Section 27 of the Interest-tax Act, 1974 empowers the Board to make, subject to the control of the Central Government, rules for carrying o...
Notification: S.O.504 -
Notification: S.O.504 Section(s) Referred: 80G ,80G(2) ,80G(2)(b) Statute: INCOME TAX Date of Issue: 6/12/1974 In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Yadgari Ashthan Sriman Sant Sangat Singh Ji Maharaj Kamaliawale, Patiala, t...
Notification: S.O.503 -
In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Chaurasi Ghante Mandir, Bazar Sitaram, Delhi, ...
Circular No. 154-Income Tax -
Circular : No. 154 -Income Tax Attention is invited to Board’s Circular No. 92, dated l8-9-1972 [Clarification 2], modifying its earlier circulars issued on the above subject....