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Archive: 06 March 1981

Posts in 06 March 1981

Notification No. S.O.1036 – Income Tax Date 6/3/1981

March 6, 1981 523 Views 0 comment Print

Notification No. S.O.1036 – Income Tax 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 East Bombay Bharat Scouts and Guides District Association for the purpose of the said section for the period covered by assessment years 1977-78 to 1980-81.

Notification No. S.O.1035 – Income Tax Date 6/3/1981

March 6, 1981 466 Views 0 comment Print

Notification No. S.O.1035 – Income Tax 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 Church of North India Council for Child Care for the purpose of the said section for the assessment year 1981-82.

Circular No. 295-Income Tax dated 6-3-1981

March 6, 1981 735 Views 0 comment Print

Circular No. 295-Income Tax Pursuant to the decision of the Supreme Court in Brij Bhushan Lal Parduman Kumar v. CIT [1978] 115 ITR 524, several representa­tions were received seeking modification of para 1(5) of Board’s Circular No. 86 [F.No. 275/9/72-ITJ], dated 29-5-19721 to permit, in respect of composite works contract, e.g., work and labour, tax deduction at 2 per cent under section

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