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Archive: July, 1986

Posts in July, 1986

Circular No. 461-Income Tax Dated 9-7-1986

July 9, 1986 1014 Views 0 comment Print

CIRCULAR NO. 461-Income Tax In respect of incomes of all categories of taxpayers (corporate as well as non-corporate) liable to tax for the assessment year 1986-87, the rates of income-tax (including surcharge thereon) have been specified in Part I of the First Schedule to the Finance Act. These rates are the same as those laid down in Part III of the First Schedule to the Finance Act, 1985, for the purposes of

Notification No. S.O.2908-Income Tax, Dated: 08.07.1986

July 8, 1986 217 Views 0 comment Print

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Green Park Free Church, New Delhi”, for the purpose of the said section for the assessment years 1986-87 to 1988-89.

Notification No. S.O.3024-Income Tax, Dated: 08.07.1986

July 8, 1986 223 Views 0 comment Print

That the said Institute will submit to the prescribed authority by 30th June, each year, copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the concerned Commissioner of Income-tax.

Notification No. S.O.2946-Income Tax, Dated: 07.07.1986

July 7, 1986 232 Views 0 comment Print

In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Forum of Financial Writers, New Delhi for the purpose of the said clause for the assessment years 1982-83 to 1986-87.

Notification No. S.O.2907-Income Tax, Dated: 03.07.1986

July 3, 1986 190 Views 0 comment Print

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Idara Dawatul Quran, Bombay “, for the purpose of the said section for the period covered by the assessment years 1984-85 to 1986-87.

Notification No. S.O.3581-Income Tax, Dated: 03.07.1986

July 3, 1986 259 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Defence Civilians Welfare (T.B. Cancer and Leprosy) Fund” for the purpose of the said section for the period covered by the assessment years 1986-87 to 1988-89.

Notification No. S.O.3582-Income Tax, Dated: 03.07.1986

July 3, 1986 238 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Cathedral Relief Service, Calcutta” for the purpose of the said section for the period covered by the assessment years 1985-86 to 1987-88.

Notification No. S.O.3583-Income Tax, Dated: 03.07.1986

July 3, 1986 217 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “National Co-operative Development Corporation” for the purpose of the said section for the period covered by the assessment years 1984-85 to 1987-88.

Notification No. S.O.3584-Income Tax, Dated: 03.07.1986

July 3, 1986 232 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “Cancer Patients’ Aid Association, Bombay” for the purpose of the said section for the assessment years 1985-86 to 1987-88.

Circular No. 460-Income Tax dated 3-7-1986

July 3, 1986 1041 Views 0 comment Print

Circular : No. 460-Income Tax I am directed to invite a reference to this Department’s Circular No. 427 [F. No. 275/25/85-IT(B)], dated 31-7-1985 on the above subject, wherein you were requested to issue necessary instructions for making deduction of income-tax at source from the payment of “Interest on Government securities” at the rates prescribed therein for the financial year 1985-86.

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