"August, 1988" Archive

General circular No. 52/354/CAB -87, dated 30/08/1988

General circular No. 52/354/CAB -87 (30/08/1988)

Under the provision of S. 233B of the Act and the Cost Audit Report Rules made thereunder, the Cost Auditor after the submission of the Cost Audit Report has to furnish replies to all the supplementaries, queries from the Department of Company affairs arising through a review of the Cost Audit Report. A question has arisen as to when the...

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Notification No. S.O.2990-Income Tax Dated 28/8/1988

Notification No. S.O.2990-Income Tax (28/08/1988)

Notification No. S.O.2990-Income Tax In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the debentures or bonds, as the case may be, issued by the Industrial Credit and Investment Corporation of India Limited, Bombay, as listed...

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Notification No. S.O.3232-Income Tax Dated 28/8/1988

Notification No. S.O.3232-Income Tax (28/08/1988)

Notification No. S.O.3232-Income Tax In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies " 11.5% IDBI Bonds, 2008 (49th Series) ", issued by the Industrial Development Bank of India, Bombay, for the purpose of the said clause...

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Notification No. S.O.187-Income Tax, Dated: 25.08.1988

Notification No. S.O.187-Income Tax (25/08/1988)

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 Krishnamurti Foundation India, Madras , for the purpose of the said sub-clause for the assessment year 1988-89....

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Notification No. S.O.2984-Income Tax, Dated: 25.08.19888

Notification No. S.O.2984-Income Tax (25/08/1988)

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 Dharmapuram Adheenam, Tanjore Distt., Tamil Nadu , for the purpose of the said sub-clause for the assessment years 1987-88 and 1988-89....

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Notification No. S.O.2985-Income Tax, Dated: 25.08.1988

Notification No. S.O.2985-Income Tax (25/08/1988)

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 Poondy Parish, Poondy , for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89...

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Notification No. S.O.2986-Income Tax, Dated: 25.08.1988

Notification No. S.O.2986-Income Tax (25/08/1988)

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 Paramakkavu Devaswom, Trichur for the purpose of the said sub-clause for the assessment years 1987-88 and 1988-89...

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Notification No. S.O.186-Income Tax, Dated: 22.08.1988

Notification No. S.O.186-Income Tax (22/08/1988)

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 Swami Ramananda Tirtha Memorial Committee, Hyderabad, for the purpose of the said sub-clause for the assessment year 1984-85 to 1988-89....

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Notification No. S.O.2754-Income Tax, Dated: 22.08.1988

Notification No. S.O.2754-Income Tax (22/08/1988)

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Kamakala Kameswarar Devasthanam, Triplicane, Madras, to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section on ...

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Circular No. 522-Income Tax dated 18/8/1988

Circular No. 522-Income Tax (18/08/1988)

Circular No. 522-Income Tax 1. Provisions of sections 40A(3), 269SS and 269T have been amended by Direct Tax Laws (Amendment) Act, 1987 (4 of 1988) and consequently the monetary ceilings prescribed under the aforesaid sections have been raised from Rs. 2,500 to Rs. 10,000, Rs. 10,000 to Rs. 20,000 and Rs. 10,000 to Rs. 20,000, respective...

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