Circular : No. 373 -Income Tax . The Board have been receiving representations from various associations/ unions/chambers/industries, etc., for amendment of rule 68 of the Income-tax Rules, 1962 which govern the rules regarding house building advances from the Provident Fund accounts of the employees. Rule 68/69 has since been amended vide Board’s Notification No. SO 789, dated 1-11-1983 which is being circulated
Circular No. 374 – Income Tax Under rule 3(a)(iii) the value of the perquisite in the form of rent-free residential accommodation provided by an employer other than the Government and statutory corporations wholly owned by the Government, etc., referred to in rule 3(a)(i ) and (ii), is to be taken at 10 per cent of the salary paid to the employee. However, if the actual rental value of the accommodation is in excess of 20 per cent of
Notification No- S.O.4741 – Income Tax In continuation of this Office Notification No. 3184 (F.No. 203/25/80-ITA. II), dated 8-2-1980, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “Association” in the area of other natural and applied sciences subject to the
Notification No- S.O.258 – Income Tax In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies all Officers of and above the rank of Superintendent of Police of the Special Police Establishment, Government of Madhya Pradesh, for the purposes of the said sub-clause
Notification No- S.O.186 – Income Tax In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies all class I officers of the Reserve Bank of India, Regional Office, Ahmedabad, for the purposes of the said sub-clause
Circular No. 372-Income Tax In respect of incomes of all categories of taxpayers (corporate as well as non-corporate) liable to tax for the assessment year 1983-84, the rates of income-tax (including surcharge thereon) have been specified in Part I of the First Schedule to the Finance Act. These rates are the same as those laid down in Part III of the First Schedule to the Finance Act, 1982 for the purposes of computation of advance tax,
Notification No- S.O.162 – Income Tax In continuation of this office Notification No. 3138 (F. No. 203/7/80-ITA. II), dated 17-1-80, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of
Notification No- S.O.5 – Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “College” in the area of other natural and applied
Notification No- S.O.4591 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Krishnaswamy Temple, Ravipuram, Cochin, to be a place of public worship of renown throughout the State of Kerala
Notification No- S.O.4590 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the I.T. Act, 1961 (43 of 1961) the Central Government hereby notifies Sri Kothanda Ramaswami Sri Anjaneya Swami Temple, Ammapet, Thanjavur Dist., Tamil Nadu, to be a place of public worship of renown throughout the State of Tamil Nadu
