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Income Tax : Bombay High Court invalidates reassessment notice under Section 148 of the Income Tax Act, citing failure to meet jurisdictional c...
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Income Tax : Details of the Lok Sabha Select Committee's sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence ...
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Income Tax : CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for...
Income Tax : The Central Government notifies Punjab RERA for tax exemption under Section 10(46A) of the Income-tax Act, effective from the 2024...
Notification No. S.O.628(E)-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10-year 9 per cent. (tax-free) Secured Redeemable Non-Convertible Bonds (Series 1 Issue 1992), issued by the National Power Transmission Corporation Limited
Notification No. S.O.629(E)-Income Tax In exercise of the powers conferred by clause (ii) of sub-clause (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7-year (taxable) Secured Redeemable Non-convertible Bonds (Series 1 Issue 1992), issued by the National Power Transmission Corporation Limited, for the purpose of the said clause
Circular No. 633-Income tax Reference is invited to the Board’s Circular No. 614, dated 14-11-1991 wherein the rates at which the deduction of income-tax at source was to be made during the financial year 1991-92, from payment of income by way of insurance commission, under section 194D of the Income-tax Act, 1961, were communicated
Circular No. 634-Income tax Attention is invited to the Board’s Circular No. 620, dated 6-12-1991 regarding collection of income-tax at source under section 206C of the Income-tax Act, in respect of profits and gains from the business of trading in alcoholic liquor, forest produce, etc., during the financial year 1991-92
Circular No. 632-Income tax According to the provisions of section 194C of the Income-tax Act, 1961, any person responsible for paying any sum to any resident contractor for carrying out any work (including supply of labour for carrying out any work) in pursuance of a contract between the contractor and the bodies specified therein shall,
Circular No. 635-Income tax Part C of Schedule III to the Wealth-tax Act, 1957 contains rules for determining value of shares in or debentures of companies. However, the above Part C of Schedule III is omitted by the Finance Act, 1992 with effect from 1-4-1993.
Circular No. 631-Income tax Reference is invited to the Board’s Circular No. 616, dated 22-11-1991 on the above mentioned subject wherein the rates at which the deduction of tax under sections 194B, 194BB and 194G of the Income-tax Act, 1961 was to be made during the financial year 1991-92, from winnings from lotteries, crossword puzzles, horse races and from commission, etc., paid on sale of lottery tickets, were communicated
Circular No. 630-Income tax Reference is invited to the Board’s Circular No. 615, dated 22-11-1991 regarding deduction of income-tax at source from the payment of interest on securities for the financial year 1991-92
Notification No. S.O.613(E)-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10-year 9 per cent. (Tax-free) Redeemable Non-convertible Railway Bonds of Rs. 1,000 each for cash at par (Sixth Series), issued by the Indian Railway
Notification No. S.O.595(E)-Income Tax In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent. of the average rise in the Consumer Price Index for urban non-manual employees, hereby specifies the Cost Inflation Index as mentioned in column (3)
