Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Circular : No. 489-Income Tax I am directed to invite a reference to this Ministry’s Circular No. 459 [F. No. 275/64/86-IT(B)], dated 16-6-1986; Circular No. 476 [F. No. 275/64/86-IT(B)], dated 11-12-1986; Circular No. 465 [F. No. 275/64/86-IT(B), dated 4-8-1986 and Circular No. 483, dated 4/31-3-1987 wherein the rates of income-tax deduction during the year 1986-87 from the payment of income chargeable under the