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Circular No.513 – Income Tax Attention is invited to the Finance (Amendment) Ordinance, 1987, promulgated on the 19th September, 1987, which provided that in the case of a person where tax was to be deducted or advance tax was payable in accordance with Part III of the First Schedule to the Finance Act, 1987, and the total income exceeded Rs. 50,000, the amount of income-tax to be deducted or the amount of advance tax
Notification No. S.O.526(E)-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies “10 year–9 per cent. (tax free) Secured Redeemable Non-Convertible Bonds (C-series)”, issued by the National Hydroelectric Power Corporation Limted, for the purpose of the said item
Notification No. S.O.527(E)-Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies “7 year–13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (C-series)”, issued by the National Hydroelectric Power Corporation Limted, for the purpose of the said clause
Notification No. S.O.528(E)-Income Tax In exercise of the powers conferred by clause (iib) of proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies “7 year–13 per cent. (taxable) Secured Redeemable Non-Convertible Bonds (C-series)”, issued by the National Hydroelectric Power Corporation Limted, for the purpose of the said clause
