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Circular No. 224 -Income Tax Reference is invited to the Board’s Circular No. 207 [F. No. 220/20/76-IT (A-II)], dated 24-9-1976 [Clarification 2] wherein it was explained that the karta of the Hindu undivided family cannot be regarded as a benamidar of the Hindu undivided family within the meaning of the Explanation to section 185(1) and as such there is no obligation to file Form No. 12A in such cases
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Kerala Toddy Workers’ Welfare Fund Board, Trivandrum, for the purpose of the said section for and from the assessment year 1970-71.
Circular: No. 223 -Income Tax Under section 133(4), the Income-tax Officer, the Appellate Assistant Commissioner, or the Inspecting Assistant Commissioner may, for the purposes of this Act, require any assessee to furnish a statement of the names and addresses of all persons to whom he has paid in any previous year rent, interest, commission, royalty or brokerage, or any annuity, not being annuity taxable under the
Central Government hereby notifies Church of North, India, New Delhi for the purpose of the said section for the assessment years 1974-75 and 1975-76. Section(s) Referred: 10 ,10(23C) ,10(23C)(v)
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Consumer Guidance Society of India, Bombay, for the purpose of the said section for and from the assessment year 1970-71.
Circular No. 222-Income Tax The Board have examined the question whether the deposit made under “own your telephone” (OYT) scheme is an asset within the meaning of section 2(e) and, as such, includible in the net wealth of an assessee
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Samsthanam Choultry, Pithapuram, for the purpose of the said section for and from the assessment year 1975-76.
That the said Institute will furnish the annual return of its scientific research activities to the prescribed authority by 30th April each year for every financial year in such forms as may be laid down and intimated to them for this purposes.
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies World Wildlife Fund India, Bombay, for the purpose of the said section for and from the assessment year 1969-70.
This notification contains Corrigendum to Income-tax Act, 1961 carried out on June 6, 1977 not reproduced here as it is already contained in the body of the Act itself.