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Archive: 18 February 1982

Posts in 18 February 1982

Circular No. 328-Income Tax dated 18-02-1982

February 18, 1982 294 Views 0 comment Print

Circular No. 328-Income Tax Where the articles of association of a private company contain restrictive provisions as to the alienation of shares, the value of the shares, if not ascertainable by reference to the value of the total assets of the company, shall be estimated to be what they would fetch if they could be sold in the open market on the terms

Notification No. S.O.1739-Income Tax Dated: 18/2/1982

February 18, 1982 345 Views 0 comment Print

Notification No. S.O.1739-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962, under the category of “scientific research association

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