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Archive: 25 October 1985

Posts in 25 October 1985

Notification No. S.O.303-Income Tax, Dated: 25.10.1985

October 25, 1985 370 Views 0 comment Print

That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

CIT vs M.K. Brothers (Gujarat High Court), (1987) 163 ITR 249

October 25, 1985 5179 Views 0 comment Print

CIT Vs. M.K. Brothers (163 ITR 249) sales-tax authorities had carried on certain investigations which revealed that a racket of issuing bogus vouchers by the said parties was prevailing in the market. The Income-tax Officer also learnt from local inquiries that the parties were not available at the addresses given.

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