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Circular No. 442-Income Tax In supersession of all the previous notices issued by this Ministry regarding appointment of valuers under section 4(3) of the Estate Duty Act, 1953, it is notified for general information that the Central Government proposes to appoint persons as valuers under section 4(3) of the Estate Duty Act, 1953, for different categories of assets and to fix a scale of charges for their remuneration.
It is hereby notified for information that the approval granted under section 35(1)(ii) of the Income-tax Act, 1961, to the Indian Medical Research and Society, Bombay vide Ministry of Finance (Department of Revenue & Insurance) Notification No. 203 (F. No. 203/12/71-ITA. II) dated 1-7-1971, is hereby restricted up to 31-12-1985.