"18 August 1988" Archive

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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Notification No. S.O.3426-Income Tax Dated 18/8/1988

Notification No. S.O.3426-Income Tax (18/08/1988)

Notification No. S.O.3426-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 " 11.00% Exim Bank Bonds, 2003 (Fifth Series) ", issued by the Export-Import Bank of India, Bombay, for the purpose of the said clause...

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