"16 May 1986" Archive

Circular No. 455-Income Tax dated 16-5-1986

Circular No. 455-Income Tax (16/05/1986)

Circular : No. 455-Income Tax The Finance Bill, 1986 has proposed that no proceedings shall be initiated under section 269C in respect of a property trans­ferred after 30-9-1986. The Bill also proposes to insert Chapter XXC providing for purchase by Central Government of immovable properties in certain cases of transfer....

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