"05 February 1991" Archive

Circular No. 593-Income Tax dated 5/2/1991

Circular No. 593-Income Tax (05/02/1991)

Circular No.593 - Income Tax Under the Finance (Second Amendment) Ordinance, 1990 promulgated on 15-10-1990 the rate of surcharge on income-tax in the case of domestic companies having taxable income exceeding Rs. 75,000 was increased from 8 per cent to 15 per cent. The Taxation Laws (Amendment) Bill, 1990 was introduced in the Lok Sabha...

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