"25 September 1987" Archive

Circular No. 496-Income Tax dated 25-9-1987

Circular No. 496-Income Tax (25/09/1987)

Circular : No. 496-Income Tax Several State Governments have introduced sales tax deferred schemes as a part of the incentives offered to entrepreneurs setting up industries in backward areas. Under these schemes, eligible units are permitted to collect sales tax and retain such tax for a prescribed period. After this period, the sales ...

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