It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions
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 Army Group Insurance Scheme Fund for the purpose of the said section for and from the assessment year 1976-77.
In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Shamlaji Kshetra Trust, Shamlaji, for the purpose of the said section for and from the assessment year(s) 1972-73.
Ahmedabad Textile Industry’s Research Association where the above programme has been sponsored stands approved u/s. 10(2)(xiii) of the Indian Income-tax Act, 1922, by Notification No. 211, dated 10th April, 1948.
that the said Academy will furnish the annual return of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose, by 30th April, each year.
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 the 6 per cent 10 years Bonds, 1986–Second Series–issued by the Industrial Reconstruction Corporation of India Ltd., between the 1st November, 1976, and 3rd November, 1976, for the purposes of the said clause.
Circular: No. 216 -Income Tax I am directed to invite a reference to this Department’s Circular No. 199 [F. No. 275/62/76-ITJ], dated 25-6-1976 on the subject of deduction of income-tax from payments of income “by way of insurance commission” during the year 1976-77.
Circular : No. 215 -Income Tax I am to invite your attention to this Office Letter………..regarding deduction of income-tax and surcharge from interest on Government securities during the financial year 1976-77 According to the Finance (No. 2) Bill, 1977, except in the case of interest on securities payable to Life Insurance Corporation of India which is exempt from deduction of income-tax with effect from June 1, 1976,
Circular : No. 217 -Income Tax I am directed to invite a reference to this Department’s Circular No. 198 [F. No. 275/61/76-ITJ], dated 25-6-1976 on the subject of deduction of income-tax from lottery and crossword puzzle prizes during the financial year 1976-77. The Finance Bill, 1977, as introduced in the Parliament, prescribes the same rates for deduction of tax from lottery and crossword puzzle prizes during the
Circular No. 214-Income Tax In the case of every individual or Hindu undivided family or unregistered firm or other association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii ) of clause (31) of section 2 of the Income-tax Act, not being a case to which Sub-Paragraph II of this Paragraph or any other Paragraph of this Part applies
