"28 April 1988" Archive

Notification No. G.S.R.405-Income Tax, Dated: 28.04.1988

Notification No. G.S.R.405-Income Tax (28/04/1988)

In exercise of the powers conferred by sub-clause (iii) of clause (10) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum amount of any gratuity payable to its employees, hereby specifies one lakh rupees as the limit for all the three purposes mentioned in that sub-clause in relati...

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