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Income Tax : CPC (TDS) reminds deductors to file TDS Statement 26Q for Q2 FY 2024-25. Late/non-filing may attract fees and affect TDS credit fo...
Income Tax : Union Cabinet has approved the new Income Tax Bill 2025, aiming to simplify and modernize India's tax system by replacing the 1961...
Income Tax : Therefore, the procedure that is required to be completed for issuance of notice under Section 148 of the Act is required to be co...
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Income Tax : Bhaikaka University, Gujarat, is approved for scientific research under Section 35(1)(ii) of the Income Tax Act, 1961, effective f...
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The Systems Research Institute, Pune, has been approved under section 35(1)(ii) of the Income-tax Act, vide Ministry of Finance, Department of Revenue & Banking Notification No. 1025 (F. No. 203/43/75-ITA II), dated the 22nd August, 1975.
That the institution will furnish the annual returns of this scientific research project to the Council for each financial year by 15th May each year at the latest in such form as may be laid down and intimated to them for this purpose.
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the Secretary, the Department of Science & Technology, New Delhi.
In continuation of this department Notification No. 1622 (F. No. 203/35/76-ITA.II) dated 13th January, 1977, it is hereby notified for general information that the following scientific research programmed has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the Secretary, the Department of Science & Technology, New Delhi.
It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the Secretary, Department of Science & Technology, New Delhi.
That the Kaul Science Foundation, Lucknow, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences (other than Agriculture/Animal Husbandry/Fisheries & Medicines.
Circular No. 235 -Income Tax Attention is invited to Board’s Circular No. 225 [F. No. 275/13/77-IT(B)], dated 30-6-1977 on the above subject The exemption limit of taxable income was raised from Rs. 8,000 to Rs. 10,000 by the Finance (No. 2) Act, 1977. It has been represented that, before the enactment of the said Act, income-tax was deducted at source in the case of employees whose estimated annual salary income exceeded Rs. 8,000
Circular No : 234-Income Tax Attention is invited to the Board’s Circular No. 7-D of 1957, dated 4-5-1957. A copy of Annexure ‘B’ to the said circular which contains guidelines for valuation of immovable properties is enclosed for ready reference [printed here as Annex
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 Pallikonda Ranganathaswami Temple, Nangur P. O., (via) Mangamadam, Sirkali Taluk, Tanjavur District ” to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.
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 Rajagopalaswami Temple, Kavalambadi, Nangur Post, Sirkali Taluk, Tanjore District ” to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.
