Notification No.S.O.1667 – Income Tax In exercise of the powers conferred by clause (iib) of proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the ” 14 per cent. Secured Redeemable NTPC Bonds, 1986–Second Series ” issued by the National Thermal Power Corporation Ltd., New Delhi, for the purposes of the said clause
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.
Circular : No. 487-Income Tax Under File No. 275/30/82-IT(B), dated 25-9-1985, a Circular No. 433 [Clarification 1] was issued clarifying that the provisions of section 194C would apply in respect of payments made to munshis and that would apply to payments under oral contracts also. The payments to munshis which would be hit by the provisions of section 194C covered not only the payments
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 Institution 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.
Circular : No. 486 -Income Tax I am directed to invite a reference to this Department’s Circular No. 460 [F.No. 275/68/86-IT(B)], dated 3-7-1986 on the above subject wherein you were requested to issue necessary instructions to all the Treasury Officers, etc., for making deduction of income-tax at source from the payment of “Interest on Government Securities” for the financial year 1986-87.
Circular : No. 485-Income Tax I am directed to invite a reference to this Department’s Circular No. 467 [F.No. 275/69/86-IT(B)], dated 21-8-1986 and Circular No. 478 [F. No. 275/106/86-IT(B)], dated 14-1-1987 on the above subject, wherein the rates at which deduction of tax under sections 194B and 194BB to be made during the financial year 1986-87 from winnings from lotteries or crossword
That the said Institution 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.
