Notification: S.O.3115 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 the ‘Prime Mi
Circular : No. 203 -Income Tax Reference is invited to Board’s Circular No. 200, dated 28-6-1976 [Clarification 2] by which it was clarified that no distinction need be drawn between expenditure on advertisements in souvenirs and other types of advertisement.
Notification: S.O.3398 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 Sri Pejavara Math,
Notification: S.O.3114 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to Society of Pharmaceutical & Industrial Research, Bombay, by notification No. 244 (F. No. 203/42/70-ITA-II) with effect from 20th December, 1972, is withdrawn with effect from 1st June, 1976, on the recomm
Circular : No. 201 -Income Tax The Board attaches very great importance to the successful implementation of the “summary assessment scheme” so that the genuine small taxpayers, who form nearly 70 per cent of the number of taxpayers borne on our registers, are not put to the avoidable inconvenience of appearing before the Income-tax Officers to prove the correctness of
Notification: S.O.458(E) Short title and commencement.–(1) These rules may be called the Income-tax Settlement Commission (Procedure) Rules, 1976. (2) They sha
Circular No, 202 – Income Tax The rates of income-tax for the assessment year 1976-77 in the case of all categories of taxpayers (corporate as well as non-corporate) are specified in Part I of the First Schedule to the Finance Act, 1976. These rates are the same as those specified in Part III of the First Schedule to the Finance Act, 1975, as modified by the Finance (Amendment) Act, 1975, for purposes of
Notification: S.O.4051 In exercise of the powers conferred by sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies, f
Notification: S.O.2749 In exercise of the powers conferred by sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies, fo
Circular : No. 200 -Income Tax Attention is invited to Board’s Circular No. 19 [F. No. 9/20/69-IT(A-II)], dated 13-6-1969 [Clarification 3] on the above subject. It has been represented to the Board that expenditure on advertisements in souvenirs is expenditure incurred wholly and exclusively for the purpose of business and as such is allowable as a deduction under section 37(1)
