This notification contains Amendment (Tenth Amendment) to Income-tax Rules carried out on 28th November, 1988 not reproduced here as it is already contained in the body of the Rules itself.
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 Bombay Xaverian Corporation Private Limited, for the purpose of the said sub-clause for the assessment years 1982-83 to 1988-89.
Circular : No. 525-Income Tax Considerable difficulty has been felt in the past in assessing income of persons who take contracts for sale of liquor, forest produce, etc. It has been the Department’s experience that for taking such contracts, firms or associations of persons are specifically constituted and very often no trace is left of them or their members after the contract has been executed.
In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies SBI Mutual Fund set up by the State Bank of India, a bank constituted under the State Bank of India Act, 1955.
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 Shree Santari Bhagwati Devasthan, Aldona Bardex, Goa , to be a place of public worship of renown throughout the State of Goa for the purpose of the said section on the condition that the temple will maintain separate books of account for the purpose and the donations received will be utilised exclusively for the renovation of the temple.
Notification No. S.O.3676-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 ” 12.5% HDFC Bonds, 1999 (Xth Issue)”, issued by the Housing Development Finance Corporation Limited, Bombay, for the purpose of the said clause
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 The Children’s Book Trust, New Delhi , for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89.
That the said Association will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.
Notification No. S.O.1031(E)-Income Tax In exercise of the powers conferred by sub-section (6) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that on and from the date of publication of this notification in the Official Gazette, nothing contained in Notification No. S. O. 1800, dated 18th May, 1964, as amended by Notification No. 7586, dated 15th October, 1987, shall affect the jurisdiction of the Commissioner of Income-tax,
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 The Tata Agricultural and Rural Training Centre for the Blind , for the purpose of the said sub-clause for the assessment year 1988-89.
