Circular : No. 164-Income Tax Section 18 provides that if a person making a taxable gift pays into the treasury, within fifteen days of his making the gift, the amount of tax due on the gift, he shall at the time of assessment under section 15, be given credit, in addition to the amount so paid, for an amount equal to ten per cent of the amount so paid.
Notification: S.O.2528 It is hereby notified for the general information that the institution mentioned below has been approved by the Department of Science & Technology, the prescribed authority for the purposes o
