Circular : No. 228 -Income Tax In continuation of this Department’s Circular : No. 215 [F.No. 275/21/77-IT(B)], dated 31-3-1977 [clarification 2], a copy of the draft circular letter setting out the rates at which income-tax and surcharge should be deducted from interest on Government securities after June 17, 1977 is forwarded herewith
Circular: No. 227 -Income Tax I am directed to invite a reference to this Department’s Circular No. 216 [F. No. 275/20/77-IT(B)], dated 31-3-1977 [Clarification 2] on the above subject Section 194D provides for the deduction of tax at source, at such rates as may be specified in this behalf by the Finance Act of the relevant year from payments of income by way of insurance commission, to a resident, whether an individual, a company or any other category of person.
Circular : No. 226 -Income Tax I am directed to invite a reference to this Department’s Circular No. 217 [F. No. 275/19/77-IT(B)], dated 31-3-1977 [Clarification I am directed to invite a reference to this Department’s Circular No. 217 [F. No. 275/19/77-IT(B)], dated 31-3-1977 [Clarification 2] on the above subject.
