"27 December 2011" Archive - Page 3

Notification No.125/2011 – Income Tax Dated 27/12/2011

NC Notification No.125/2011 - Income Tax 27/12/2011

NC Notification No.125/2011 - 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 11th August, 1998, 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 Governmen...

Notification No.123/2011 – Income Tax Dated 27/12/2011

NC Notification No.123/2011 - Income Tax 27/12/2011

NC Notification No.123/2011 - Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.92(E), dated the 2nd February, 1996, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial n...

Notification No.122/2011 – Income Tax Dated 27/12/2011

NC Notification No.122/2011 - Income Tax 27/12/2011

NC Notification No.122/2011 - Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1501(E), dated the 7th September, 2007, 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 Gove...

Notification No.121/2011 – Income Tax Dated 27/12/2011

NC Notification No.121/2011 - Income Tax 27/12/2011

NC Notification No.121/2011 - 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 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government h...

Notification No. 124/2011, Dated 27/12/2011

Notification No. 124/2011 27/12/2011

Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 1111(E) dated the 8th August, 2005 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 notified at serial number 2...

Notification No. 120/2011 – Income Tax Dated 27/12/2011

NC Notification No. 120/2011 - Income Tax 27/12/2011

NC Notification No. 120/2011 - Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2370(E), dated 3rd October, 2008, issued under sub-section (i) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Governmen...

55 directorate of income tax officials to monitore Election expenditure in Manipur

Unlike in the past, expenditure of candidates for the Manipur Assembly elections on January 28 would be closely monitored by the IT department, officials said on Monday. About 55 officials from the directorate of income tax would arrive here in the next few days to oversee expenditures of the candidates and to check excess expenditures. ...

Posted Under: Income Tax |

Mere subsequent Commercial use of Residential Property not take away benefit u/s.54F

Shri M.V.Subramanyeswara Reddy (HUF) & Others Vs Dy. Commissioner of Income-tax (ITAT Hyderabad)

Shri M.V.Subramanyeswara Reddy (HUF) Vs DCIT ITAT Hyderabad Mere non residential use subsequently would not render the property ineligible for benefit u/s.54F, if it is otherwise a residential property, as held by the Delhi Bench of the Tribunal in the case of Mahavir Prasad Gupta Vs JCIT (5 SOT 353). ...

21 New Textiles Parks to Bring Rs 9000 Cr Investments

The Indian Textiles Industry has an overwhelming presence in the economic life of the country. Textiles sector contributes 14% of industrial production, 4% of GDP and 10.63% of country’s export earnings. It provides direct employment to over 35 million people, which includes a substantial number of SC/ ST, and women. The Textiles sector...

Posted Under: Income Tax |

Indian Economy will soon Revert Back to the Path of Higher Growth Trajectory

The Union Finance Minister Shri Pranab Mukherjee said that Indian economy will soon revert back to the path of higher growth trajectory. He said that the present downturn is only temporary. The Finance Minister was addressing the fourth meeting of the Consultative Committee attached to the Ministry of Finance during the current fiscal, he...

Posted Under: Income Tax |

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