Of late, it has been observed that with the growth of the economy of the country the number of transactions of the tax-payers in India with non-residents have been increasing. Such transactions may relate to supply of plant and machinery from abroad, technology transfers, provision of technical and consultancy services by non-residents, etc.
Notification No. 54 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-1A of the Income-tax Act, 1961(43 of 1961)(hereinafter referred to as; the said Act), has framed and notified a scheme for Industrial Park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and
Notification No.53 – Income Tax Whereas the Central Government in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961(43 of 1961 (hereinafter referred to as the said Act), has framed and notified a scheme for industrial park, by the notifications of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and
Notification No. 49 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.604(E), dated the 20th May, 2004, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial Number 12, for Safe motherhood and child survival project
Notification No. 48 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.862(E), dated the 12th December, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 2, for Running of Polio Hospital
Notification No. 47 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.0.523(E), dated the 9th May, 2003, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 2, for Construction of extension building, purchase
Notification No. 46 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O. 54(E), dated the 16th January, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 14, for Setting up and running of
Notification No. 45 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.676(E), dated the 10th August, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 8, for Construction of a school building
Notification No. 44 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.611 (E), dated the 23rd August, 1994, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, for Leprosy eradication
Notification No. 43 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), Number S.O.497(E), dated the 26th May, 2000, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial Number 7, for Expansion Project – purchase of equipments for increasing number of free eye surgeries and running of Hospital at Village – Ognaj, Ahmedabad, Gujarat by Lions Club of
