Circular: No. 488 -Income Tax I am directed to invite a reference to this Department’s Circular No. 462 [F.No. 275/67/86-IT(B)], dated 10-7-1986 wherein the rates at which the deduction of income-tax was to be made during the financial year 1986-87 from payment of income by way of insurance commission under section 194D were intimated. There is no change in the rate of tax for the financial year 1987-88. For
Notification No.S.O.1889 – Income Tax In the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. S.O. 3829, dated the October 29, 1986
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 Association 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.
That the said Association 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.
That the said Association 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.
That the said Association 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.
Notification No.S.O.569(E) – Income Tax In exercise of the powers confered by sub-section (6) of section 245BA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies New Delhi as the place at which the principal Bench, and Bombay as the place at which the additional Bench, of the Income-tax Settlement Commission shall ordinarily sit
Notification No.S.O.1794 – 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 ” 11 per cent. IDBI Bonds, 2002 (44th Series) ” issued by the Industrial Development Bank of India, Bombay, for the purposes of the said clause
Notification No.S.O.1793 – 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 ” 11 per cent. IDBI Bonds, 2001 (43rd Series) ” issued by the Industrial Development Bank of India, Bombay, for the purposes of the said clause