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Income Tax : From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Busine...
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Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...
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Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...
That the said Institute will submit to the prescribed authority by 30th June, each year a copy of their audited annual accounts showing their income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.
Notification No.S.O.3396 – Income Tax In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies ” 13 per cent. and 14 per cent. Secured Redeemable Non-Convertible Bonds—‘B’ Series-1987 “, issued by the Indian Telephone Industries Limited, Bangalore, for the purpose of the said clause
Circular : No. 498 -Income Tax I am directed to refer to para 4(8)(e)(ii ) of this Department’s Circular No. 489 [F. No. 275/51/87-IT(B)], dated 25-6-1987 [see under section 192] wherein the incentives provided under section 80C to the income-tax payers in respect of housing loans, etc., taken from specified institutions have been explained.
Notification No.S.O.180 – Income Tax In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies ” 7 year 13 per cent. Secured Redeemable Non-convertible Bonds, 1987 (B Series) ” issued by the National Hydroelectric Power Corporation Limited, New Delhi, for the purpose of the said clause
Notification No.S.O.179 – 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, 1987 (B Series) ” issued by the National Hydroelectric Power Corporation Limited, New Delhi, for the purpose of the said item
That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.
This notification contains Amendment to Income-tax (Eighth Amendment) Rules, 1987 carried out on 29th October, 1987 not reproduced here as it is already contained in the body of the Rules itself.
That the said Association will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.
That the said Institute will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.
Notification No.S.O.3255 – Income Tax In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961(43 of 1961), the Central Government hereby specifies the “13% Secured Redeemable Non-convertible Bonds–(B-series)” issued by M/s. National Hydroelectric Power Corporation Limited, New Delhi for the purposes of the said clause
