"13 December 1974" Archive

Circular No. 159-Income Tax dated 13/12/1974

Circular No. 159-Income Tax (13/12/1974)

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...

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