Circular : No. 193 -Income Tax I am directed to forward a copy of draft circular letter setting out the rates at which income-tax and surcharge should be deducted from interest on Government securities on or after April 1, 1976. It is requested that a circular on the basis of this draft may be issued by you immediately to all Treasury Officers and Sub-Treasury Officers under your control, individually.
Circular : No. 194 -Income Tax The question whether contributions to family pension fund established by a scheme under the Employees’ Provident Fund and Family Pension Fund Act, 1952, will be entitled to the relief under section 80C(2)(a )(ii) has been considered by the Board