"09 August 1976" Archive

Circular No. 206-Income Tax dated 9-8-1976

Circular No. 206-Income Tax (09/08/1976)

Circular : No. 206 -Income Tax Section 29 of the Payment of Bonus (Amendment) Act, 1976 has inserted a new proviso to clause (ii) of sub-section (1) of section 36 and has made an amendment to the existing proviso to the said clause with effect from September 25, 1975. The newly inserted first proviso to clause (ii) of section 36(1) will...

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