All the partners of the firm are practicing cost accountants within the meaning of Section 6 and 7 of the Cost and Works Accountants Act, 1959,
Circular No. 368 – Income Tax I am directed to invite a reference to the Board’s Circular No. 348 [F. No. 275/19/82-IT(B)], dated 16-8-1982, wherein you were requested to issue necessary instructions for making deduction of income-tax at source from the payments of “Interest on Government securities” as prescribed in the Finance Bill, 1982.
