Circular : No. 205 -Income Tax Section 44AA casts a legal obligation for maintenance of books of account by persons specified therein. This section has come into force with effect from April 1, 1976. The Board have examined the question as to the date from which provisions of section 44AA are applicable. The requirement contained in sub-sections (1) and (2) of section 44AA
Notification: S.O.4566It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to Invention Promotion Board, New Delhi, by notification No. 5 (F. No. 203/34/71-ITA. II), dated 1st January, 1972, is withdrawn with effect from 1st April, 1973, on the recommendation of the prescribed authority, Secret
Notification: S.O.3116 In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the ‘Bharat Se
Circular No. 204-Income Tax The Amending Act has introduced a new sub-clause (via) in clause (6) of section 10 with a view to exempting from income-tax remuneration received by individuals other than Indian citizens, from foreign philanthropic institutions, associations or bodies in certain circumstances. The exemption from income-tax will be available if the following
Notification: S.O.3472In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ‘The Karnataka Inter Diocesan Administrative Finance and Property Board, the Church of South’, for the purpose of the said section for and from assessment year(s) 1975-76
Notification: S.O.3110 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 Sri Lakshminarasimha Swamy Temple at Devarayana Durga, Tumkur District (Karnataka), to be a place of public worship of renown throughout the State of Karnataka for the purpo
Notification: S.O.3109 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 Sri Patala Nageswara Swamy Devalaya Punaruddhana Sangham, Giddalur, to be a place of public worship of renown throughout the State of Andhra Pradesh for the purposes of the said section
Notification: S.O.3115 In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the ‘Prime Mi
Circular : No. 203 -Income Tax Reference is invited to Board’s Circular No. 200, dated 28-6-1976 [Clarification 2] by which it was clarified that no distinction need be drawn between expenditure on advertisements in souvenirs and other types of advertisement.
Notification: S.O.3398 In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Pejavara Math,
