"26 July 1996" Archive

Circular No. 746-Income Tax Dated 26-7-1996

Circular No. 746-Income Tax (26/07/1996)

Circular No. 746-Income Tax Section 80Q inserted by the Finance (No. 2) Act, 1991, with effect from 1-4-1992 provides that where in the case of an asses­see the gross total income of the previous year relevant to the assessment year commencing on the 1st day of April, 1992 or to any one of the four assessment years next following that as...

Read More

Central Excise – Whether time-limit for filing rebate claim under Rule 12(1) of Central Excise Rules, 1994 can be relaxed- Regarding

Circular No. 234/68/96-Central Excise (26/07/1996)

Circular No. 234/68/96-CX Attention in invited to proviso to sub-rule 1 of Rule 12 of Central Excise Rules,1944 whereby the Commissioner of Central Excise can relax all or any of the conditions of any notification issued under this rule if he is satisfied that the goods have actually been exported and records the reasons in writing. A do...

Read More