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• 7 - Charitable or religious trusts/institutions - Clarification regarding period of validity of approvals issued under section 10(23C)(iv), (v), (vi) or (via) and section 80G(5) of the Income-tax Act  Dated 27/10/2010
CIRCULAR INCOME-TAX ACT Section 10(23C)(iv) of the Income-tax Act, 1961 - Exemptions - Charitable or religious trusts/institutions - Clarification regarding period of validity of approvals issue... Read More

• 6 - Deduction in respect of income of co-operative societies - Clarification regarding eligibility of deduction under Section 80P to Regional Rural Banks  Dated 20/09/2010
Section 80P of the Income-tax Act, 1961 - Deduction in respect of income of co-operative societies - Clarification regarding eligibility of deduction under Section 80P to Regional Rural Banks Cir... Read More

• 4 [F. No. SW/3/3/96/01-DIT(S)/Vol IX] - Use of Common Business Number(CBN) Application by AIS module users.  Dated 17/06/2010
Use of Common Business Number(CBN) Application by AIS module users. CBN Instruction No. 4 [F. No. SW/3/3/96/01-DIT(S)/Vol IX], Dated 17-6-2010 Tel. No. : 011-23676480 Fax : 011-23676480 To, Th... Read More

• 1 [F. No. SW/3/3/96/01-DIT(S)/Vol IX]-2901-02 - Downloading PAN data from Common Business Number(CBN) server - reg  Dated 17/06/2010
Downloading PAN data from Common Business NUMBER (CBN) server - reg. CBN Circular No. 1 [F. No. SW/3/3/96/01-DIT(S)/Vol IX]-2901-02, Dated :17-6-2010 Tel. No. : 011-23676480 Fax : 011-23676480 ... Read More

• 5 [F.No.SW/3/31/2005/01-DIT(S)/2799-2800] - Procedure for handling undelivered PAN Card - regarding  Dated 14/06/2010
Procedure for handling undelivered PAN Card - regarding PAN Circular No 5 [F.No.SW/3/31/2005/01-DIT(S)/2799-2800], Dated : 14-6-2010 Tel. No. .23614881 Fax :011-23614881 E-mail : neerajkumar@... Read More

• 5 - Explanatory Notes to the Provisions of the Finance (No. 2) Act, 2009  Dated 03/06/2010
Circular Income-tax Act Explanatory Notes to the Provisions of the Finance (No. 2) Act, 2009 Circular No. 5/2010/[F. No. 142/13/2010-SO(TPL)], dated 3-6-2010 Amendments at a Glance Sectio... Read More

• 4 - Section 80-IA(4)(i) of the Income-tax Act, 1961 - Deductions - In respect of profits and gains from infrastructure facility  Dated 18/05/2010
Circular Income-tax Act Section 80-IA(4)(i) of the Income-tax Act, 1961 - Deductions - In respect of profits and gains from infrastructure facility - Clarification regarding widening of existing... Read More

• 3 - Section 194A of the Income-tax Act, 1961 - Deduction of tax at source - Interest other than interest on securities  Dated 02/03/2010
CIRCULAR INCOME-TAX ACT Section 194A of the Income-tax Act, 1961 - Deduction of tax at source - Interest other than interest on securities - Clarification regarding TDS on payment of interest on... Read More

• 2 - Section 115WM of the Income-tax Act, 1961 - Fringe Benefit Tax - Chapter XII-H not to apply after a certain date  Dated 29/01/2010
Circular Income-tax Act Section 115WM of the Income-tax Act, 1961 - Fringe Benefit Tax - Chapter XII-H not to apply after a certain date - Adjustment of advance tax in respect of fringe benefits... Read More

• 1 - Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salary - Income-tax deduction from salaries during the financial year 2009-10  Dated 11/01/2010
CIRCULAR INCOME-TAX ACT Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salary - Income-tax deduction from salaries during the financial year 2009-10 Circular No. 1/2010 ... Read More

• 9 - Section 195 of the Income-tax Act, 1961 - Deduction of tax at source - Payment to non-resident - Clarification regarding remittances of Consular receipts to non-residents  Dated 30/11/2009
CIRCULAR INCOME-TAX ACT Section 195 of the Income-tax Act, 1961 - Deduction of tax at source - Payment to non-resident - Clarification regarding remittances of Consular receipts to non-residents... Read More

• 8 - Section 194J of the Income-tax Act, 1961 - Deduction of tax at source - Fees for professional or technical services - Applicability of provisions under section 194J  Dated 24/11/2009
circular INCOME-TAX ACT Section 194J of the Income-tax Act, 1961 - Deduction of tax at source - Fees for professional or technical services - Applicability of provisions under section 194J, in t... Read More

• 7 - Section 9 of the Income-tax Act, 1961 - Income - Deemed to accrue or arise in India - Withdrawal of Circulars No. 23, dated 23rd July, 1969, No. 163, dated 29th May, 1975 and No. 786  Dated 22/10/2009
circular Income-tax Act Section 9 of the Income-tax Act, 1961 - Income - Deemed to accrue or arise in India - Withdrawal of Circulars No. 23, dated 23rd July, 1969, No. 163, dated 29th May, 1975... Read More

• 6 - Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Clarification regarding deduction of tax at source from payments of second instalment of arrears to Government  Dated 31/08/2009
Circular Income-tax Act Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Clarification regarding deduction of tax at source from payments of second instalment of... Read More

• 5 - PROCEDURE FOR REPRESENTATION BEFORE BIFR AND AAIFR  Dated 02/07/2009
PROCEDURE FOR REPRESENTATION BEFORE BIFR AND AAIFR CIRCULAR NO. 5/2009, DATED 2-7-2009 In supersession to all circulars and instructions of the Central Board of Direct Taxes (CBDT) issued on th... Read More

• 4 - CBDT ON REMITTANCE TO NON-RESIDENTS UNDER SECTION 195  Dated 29/06/2009
CBDT ON REMITTANCE TO NON-RESIDENTS UNDER SECTION 195 CIRCULAR NO. 04/2009, DATED 29-6-2009 Section 195 of the Income-tax Act, 1961 mandates deduction of income tax from payments made or credi... Read More

• 3 - New Return Forms for Assessment Year 2009-10 - Matters connected thereto  Dated 21/05/2009
Circular Income-tax Act New Return Forms for Assessment Year 2009-10 - Matters connected thereto Circular No. 3/2009, Dated 21-5-2009 The Central Board of Direct Taxes have, vide Notification S... Read More

• 2 - New TDS and TCS payment and information reporting system - Under Notification No. 858(E), dated 25-3-2009  Dated 21/05/2009
Circular Income-tax Act New TDS and TCS payment and information reporting system - Under Notification No. 858(E), dated 25-3-2009 Circular No. 2/2009, Dated 21-5-2009 The Finance Act, 2008 inse... Read More

• 1 - Finance Act, 2008 - Explanatory notes to the provisions of the Finance Act, 2008  Dated 27/03/2009
CIRCULAR INCOME-TAX ACT Finance Act, 2008 - Explanatory notes to the provisions of the Finance Act, 2008 Circular No. 1/2009, dated 27-3-2009 Amendments at a glance Section/Schedule Par... Read More

• 11 - Section 2(15) of the Income-tax Act, 1961 - Charitable purpose - Where industry or trade associations claim both to be charitable institutions as well as mutual organizations  Dated 19/12/2008
Circular Income-tax Act Section 2(15) of the Income-tax Act, 1961 - Charitable purpose - Where industry or trade associations claim both to be charitable institutions as well as mutual organizat... Read More

• 10 - Section 40A(3) of the Income-tax Act, 1961 - Business disallowance - Cash payments exceeding prescribed limit - Clarification regarding the meaning of the expression ?fish or fish products?  Dated 05/12/2008
Circular Income-tax Act Section 40A(3) of the Income-tax Act, 1961 - Business disallowance - Cash payments exceeding prescribed limit - Clarification regarding the meaning of the expression fish... Read More

• 9 - Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Income-tax deduction from salaries during the financial year 2008-09  Dated 29/09/2008
Circular Income Tax Act Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Income-tax deduction from salaries during the financial year 2008-09 Circular No. 9/2008, Dated 29... Read More

• 8 - Section 139 of the Income-tax Act, 1961 - Return of Income - Compulsory filing of e-return of income for assessment year 2008-09 - Furnishing of return by representative assessee of non-residents  Dated 22/09/2008
Circular Income Tax Act Section 139 of the Income-tax Act, 1961 - Return of Income - Compulsory filing of e-return of income for assessment year 2008-09 - Furnishing of return by representative ... Read More

• 7 - Section 197 of the Income-tax Act, 1961 - Deduction of tax of source - Certificate for deduction of lower rate - Order regarding exemption from the TDS provisions under section 197  Dated 01/08/2008
Circular Income-tax Act Section 197 of the Income-tax Act, 1961 - Deduction of tax of source - Certificate for deduction of lower rate - Order regarding exemption from the TDS provisions under s... Read More

• 6 - Section 139 of the Income-tax Act, 1961 - Return of income - New Return Forms for the assessment year 2008-09 and matters connected thereto  Dated 18/07/2008
CIRCULAR INCOME-TAX ACT Section 139 of the Income-tax Act, 1961 - Return of income - New Return Forms for the assessment year 2008-09 and matters connected thereto Circular No. 6/2008, dated 18... Read More

• 5 - Section 139 of the Income-tax Act, 1961 read with rule 125 of the Income-tax Rules, 1962 - Return of income - Mandatory e-payment of taxes  Dated 14/07/2008
CIRCULAR INCOME-TAX ACT Section 139 of the Income-tax Act, 1961 read with rule 125 of the Income-tax Rules, 1962 - Return of income - Mandatory e-payment of taxes Circular No. 5/2008, dated 14-... Read More

• 4 - Section 194-I of the Income-tax Act, 1961 - Deduction of tax at source - Rent - Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I  Dated 28/04/2008
Circular Income-Tax Act Section 194-I of the Income-tax Act, 1961 - Deduction of tax at source - Rent - Clarification on deduction of tax at source (TDS) on service tax component on rental incom... Read More

• 3 - Finance Act, 2007 - Explanatory Notes on provisions relating to Direct Taxes  Dated 12/03/2008
Circular Income-tax Act Finance Act, 2007 - Explanatory Notes on provisions relating to Direct Taxes Circular No. 3/2008, dated 12-3-2008 Amendment at a glance Section/Schedule Particul... Read More

• 2 - Section 98 of the Finance (No. 2) Act, 2004 - Securities transaction tax - Securities lending/borrowing Scheme of Securities and Exchange Board of India  Dated 22/02/2008
Circular Income-tax Act Section 98 of the Finance (No. 2) Act, 2004 - Securities transaction tax - Securities lending/borrowing Scheme of Securities and Exchange Board of India Circular No. 2/2... Read More

• 1 - Section 194-I of the Income-tax Act, 1961 - Deduction of tax at source - Rent - Clarification regarding applicability of provisions of section 194-I to payments made by the customers on account  Dated 10/01/2008
Circular section 194-i of Income-tax Act Section 194-I of the Income-tax Act, 1961 - Deduction of tax at source - Rent - Clarification regarding applicability of provisions of section 194-I to p... Read More

• 9 - Section 115WB of the Income-tax Act, 1961 - Fringe benefits - Explanatory circular on Fringe Benefit Tax arising on allotment or transfer of specified securities or sweat equity shares  Dated 20/12/2007
Circular income-tax act Section 115WB of the Income-tax Act, 1961 - Fringe benefits - Explanatory circular on Fringe Benefit Tax arising on allotment or transfer of specified securities or sweat... Read More

• 8 - Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Income-tax Deduction from Salaries during the financial year 2007-08 under section 192  Dated 05/12/2007
Circular Income-tax Act Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Income-tax Deduction from Salaries during the financial year 2007-08 under section 192 ... Read More

• 7 - Section 239 of the Income-tax Act, 1961 - Refunds - Procedure for refund of tax deducted at source under section 195 to the person deducting the tax - Supersession of Circular No. 790, dated 20-4-2000  Dated 23/10/2007
Circular Income-tax Act Section 239 of the Income-tax Act, 1961 - Refunds - Procedure for refund of tax deducted at source under section 195 to the person deducting the tax - Supersession of Ci... Read More

• 6 - Section 37(1) of the Income tax Act, 1961 - Business expenditure - Allowability of - Allowability of harvesting and transportation expenses in the case of Co-operative sugar mills  Dated 11/10/2007
circular income-tax act Section 37(1) of the Income tax Act, 1961 - Business expenditure - Allowability of - Allowability of harvesting and transportation expenses in the case of Co-operative su... Read More

• 5 - Section 139 of the Income-tax Act, 1961 - Return of income - New Return Forms for Assessment Year 2007-08 - Matters connected thereto  Dated 26/07/2007
circular Direct Taxes Section 139 of the Income-tax Act, 1961 - Return of income - New Return Forms for Assessment Year 2007-08 - Matters connected thereto Circular No. 5/2007, dated 26-7-2007 ... Read More

• 4 - Section 28(i) of the Income-tax Act, 1961 - Business income - Chargeable as - Distinction between shares held as stock-in-trade and shares held as investments - Tests for such a distinction  Dated 15/06/2007
Income-tax act circular Section 28(i) of the Income-tax Act, 1961 - Business income - Chargeable as - Distinction between shares held as stock-in-trade and shares held as investments - Tests for... Read More

• 3 - Section 115WD/139 of the Income-tax Act, 1961 - Return of Fringe Benefits/Return of income  Dated 25/05/2007
Circular Income-tax Act Section 115WD/139 of the Income-tax Act, 1961 - Return of Fringe Benefits/Return of income - Acceptance of returns of income/fringe benefits in paper form for assessment ... Read More

• 2 - Section 203 of the Income-tax Act, 1961 - Deduction of tax at source -Certificate for tax deduction at source - Option to certify TDS certificates by way of Digital Signatures  Dated 21/05/2007
CIRCULAR INCOME-TAX ACT Section 203 of the Income-tax Act, 1961 - Deduction of tax at source -Certificate for tax deduction at source - Option to certify TDS certificates by way of Digital Signat... Read More

• 1 - Taxation Laws (Amendment) Act, 2006 ? Explanatory Notes on the Amendments  Dated 24/04/2007
Circular Taxation Laws (Amendment) Act Taxation Laws (Amendment) Act, 2006 Explanatory Notes on the Amendments CIRCULAR NO. 1/2007, DATED 27-4-2007 1. Introduction 1.1 The Taxation Laws (Amend... Read More

• 3 [F. No. 4/5/WG/93-DIT(S)/VOL-V/Part I] - Released of 3RD version of software for verification of PAN through Common Business Number (CBN) Server - Regarding  Dated 02/04/2007
Release of 3RD version of software for verification of PAN through Common Business Number (CBN) Server - Regarding CBN INSTRUCTION No. 3 [F. No. 4/5/WG/93-DIT(S)/VOL-V/Part I], Dated 2-4-2007 Tel... Read More

• 14 - Finance Act, 2006 - Explanatory Notes on provisions relating to Direct Taxes  Dated 28/12/2006
Circular Finance Act, 2006 Finance Act, 2006 - Explanatory Notes on provisions relating to Direct Taxes Circular No. 14/2006, Dated 28-12-2006 1. Introduction 1.1 The Finance Act, 2006 (herea... Read More

• 13 - Section 194C of the Income-tax Act, 1961 - Deduction of tax at source - Payments to contractors and sub-contractors - Applicability of TDS  Dated 13/12/2006
Circular Income-tax Act Section 194C of the Income-tax Act, 1961 - Deduction of tax at source- Payments to contractors and sub-contractors - Applicability of TDS provisions of section 194C on Co... Read More

• 12 - New return Form No. 1 for companies for assessment year 2006-07 ? Furnishing of return by representative assessees of non-residents  Dated 27/11/2006
circular income-tax act New return Form No. 1 for companies for assessment year 2006-07 Furnishing of return by representative assessees of non-residents Circular No. 12/2006, dated 27-11-2006 ... Read More

• 11 - INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2006-07 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961  Dated 16/11/2006
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2006-07 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961 Circular No. 11/2006, dated 16-11-2006 Reference is invited to Circular No.9/20... Read More

• 8 - Section 197 of Income-tax Act, 1961 - Deduction of tax at source - Certificate for deduction at lower rate - Certificate for lower deduction or non-deduction of tax at source under section 197  Dated 31/10/2006
Instruction Section 197 of Income-tax Act Section 197 of Income-tax Act, 1961 - Deduction of tax at source - Certificate for deduction at lower rate - Certificate for lower deduction or non-dedu... Read More

• 10 - Clarification regarding Filing of Return of Income by the Coffee growers being individuals covered by rule 7B of the Income-tax Rules, 1962  Dated 16/10/2006
Circular Income-tax Act Clarification regarding Filing of Return of Income by the Coffee growers being individuals covered by rule 7B of the Income-tax Rules, 1962 Circular No. 10/2006, dated 1... Read More

• 4 [F.No. SW/3/31/2005/01-DIT(S)] - Issue of PAN to persons outside India and foreign citizens - reg.  Dated 11/10/2006
Issue of PAN to persons outside India and foreign citizens - reg. PAN Circular No. 4 [F.No. SW/3/31/2005/01-DIT(S)], Dated: 11-10-2006 Tel. No. : 011-23524261 Fax : 011-23555705 E-mail : cit1... Read More

• 9 - New Return Forms for assessment year 2006-07 - Matters connected thereto  Dated 10/10/2006
circular income-tax act New Return Forms for assessment year 2006-07 - Matters connected thereto Circular No. 9/2006, dated 10-10-2006 The Central Board of Direct Taxes have notified following... Read More

• 8 - Clarification regarding the meaning of the expression ?the produce of animal husbandry? used in sub-clause (ii) of clause (f) of rule 6DD of the Income-tax Rules, 1962  Dated 06/10/2006
circular income-tax act Clarification regarding the meaning of the expression the produce of animal husbandry used in sub-clause (ii) of clause (f) of rule 6DD of the Income-tax Rules, 1962 Cir... Read More

• 7 - Clarification regarding deduction of interest under section 43B in view of clarificatory amendments to section 43B through the Finance Act, 2006  Dated 17/07/2006
circular income-tax act Clarification regarding deduction of interest under section 43B in view of clarificatory amendments to section 43B through the Finance Act, 2006 CIRCULAR NO. 7/2006, dat... Read More

• 6 - Section 203 of the Income-tax Act - Tax deduction at source - Certificate for tax deduced - Issue of TDS Certificate in cases of Truck/Goods-carriage Operators  Dated 23/06/2006
Circular Income-tax Act Section 203 of the Income-tax Act - Tax deduction at source - Certificate for tax deduced - Issue of TDS Certificate in cases of Truck/Goods-carriage Operators Circular N... Read More

• 5 - Deduction under section 80HHC of the Income-tax Act, 1961  Dated 15/05/2006
Circular No. : 5 Date of Issue : 15.5.2006 Section(s) Referred : 80HHC Statute : Income-Tax Act Deduction under section 80HHC of the Income-t... Read More

• 4 - Clarification regarding the meaning of the expression the produce of animal husbandry, used in sub-clause (ii) of clause (f) of rule 6DD of the Income-tax Rules, 1962  Dated 29/03/2006
Circular No : 4 Date of Issue : 29.3.2006 Section(s) Referred : 40A(3) Statute : Income-Tax Act Clarification regarding the meaning of the exp... Read More

• 3 - Finance Act, 2005 - Explanatory Notes on provisions relating to Direct Taxes (other than Banking Cash Transaction Tax and Fringe Benefit Tax)  Dated 27/02/2006
Circular No. : 3 Date of Issue : 27.2.2006 Section(s) Referred : 2, 10, 10A, 16, 17, 32, 33AC, 35, 35DDA, 36, 40, 43, 47, 49, 54EC, 54ED, 73, 80CCC, 80CCD, 8... Read More

• 2 - Amendment of section 80HHC by Taxation Laws (Amendment) Act, 2005 - Imposition of penalty/recovery of taxes - Reg.  Dated 17/01/2006
Circular No. : 2 Date of Issue : 17.1.2006 Section(s) Referred : 80HHC Statute : Income-Tax Act Amendment of section 80HHC by Taxation Laws ... Read More

• 1 - Effluent treatment and conveyance system - Infrastructure facility under section 80-IA of Income-tax Act, 1961 - Reg.  Dated 12/01/2006
Circular No. : 1 Date of Issue : 12.1.2006 Section(s) Referred : 80-IA Statute : Income-Tax Act Effluent treatment and conveyance system -... Read More

• 10 - Definition of Port as Infrastructure facility for the purpose of sections 10(23G) and 80-IA of the Income-tax Act, 1961  Dated 16/12/2005
Circular No. : 10 Date of Issue : 16.12.2005 Section(s) Referred : 10(23G) 180-IA Statute : Income-Tax Act Definition of Port as Infrastructu... Read More

• 9 - Income-tax deduction from salaries during the financial year 2005-06 under section 192 of the Income-tax Act, 1961  Dated 30/11/2005
Circular No. : 9 Date of Issue : 30.11.2005 Section(s) Referred : 192 Statute : Income-Tax Act Income-tax deduction from salaries during the... Read More

• 8 - Finance Act, 2005 - Explanatory Notes on the Provisions relating to Fringe Benefit Tax  Dated 29/08/2005
Circular No. : 8 Date of Issue : 29.8.2005 Section(s) Referred : 115W to 115WL Statute : Income-Tax Act Finance Act, 2005 - Explanatory Note... Read More

• 7 - Furnishing of Annual Information return under section 285BA of the Income-tax Act, 1961  Dated 24/08/2005
Circular No. : 7 Date of Issue : 24.8.2005 Section(s) Referred : 285BA Statute : Income-Tax Act Furnishing of Annual Information return under... Read More

• 6 - Finance Act, 2005 ? Provisions relating to Banking Cash Transaction tax - Regarding  Dated 25/07/2005
Circular No. : 6 Date of Issue : 25.7.2005 Section(s) Referred : Statute : Finance Act FINANCE ACT Subject : Finance Act, 2005 Provisions re... Read More

• 5 - Finance (No. 2) Act, 2004 - Explanatory Notes on provisions relating to Direct Taxes  Dated 15/07/2005
Circular No. : 5 Date of Issue : 15.7.2005 Section(s) Referred : 2, 7, 10, 12AA, 17, 32, 33AC, 35AC, 40, 48, 56, 71, 80DD, 80-IA, 80-IB, 80U, 87, 88, 90, 94,... Read More

• 4 - Filing of returns of Tax Deduction at Source and Tax Collection at Source  Dated 27/06/2005
Circular No : 4 Date of Issue : 27.6.2005 Section(s) Referred : 206 206C Statute : Income-Tax Act Subject : Filing of returns of Tax Deductio... Read More

• 3 - Finance Act, 2005 ? Explanatory Notes on the provisions relating to Banking Cash Transaction Tax  Dated 03/06/2005
Circular No. : 3 Date of Issue : 3.6.2005 Section(s) Referred : 93 to 112 Statute : Finance Act Subject : Finance Act, 2005 Explanatory Not... Read More

• 1 - Tax holiday under section 10B of the Income-tax Act to 100% Export Oriented Undertaking - Certain clarification - reg  Dated 01/06/2005
Circular No : 1 Date of Issue : 1.6.2005 Section(s) Referred : 10B Statute : Income-Tax Act Circular No.01/2005 Subject : Tax holiday under ... Read More

• 3 [F. No. SW/3/31/2005/01-DIT(S)/ 20049-20104] - Communication protocol between RCCs/ Computer Centers and Service Providers  Dated 30/03/2005
Communication protocol between RCCs/ Computer Centers and Service Providers PAN Circular No. 3 [F. No. SW/3/31/2005/01-DIT(S)/ 20049-20104], Dated 30-3-2005 Telfax: 011-23524261 E-mail: cit1.s... Read More

• 2 [F. No. SW/3/31/2005/01-DIT(S)/ 19156-57] - Procedure For Processing Requests For New PAN Card Or/And Changes Or Correction In PAN Data - Regarding-  Dated 11/03/2005
Procedure For Processing Requests For New PAN Card Or/And Changes Or Correction In PAN Data - Regarding- PAN Circular No. 2 [F. No. SW/3/31/2005/01-DIT(S)/ 19156-57], Dated: 11-3-2005 Telfax : 0... Read More

• 1 [F.No. SW/3/31/2005/01-DIT(S)/ 15592-93] - Procedure for changes in PAN data by vendor ? regarding  Dated 04/03/2005
Procedure for changes in PAN data by vendor regarding PAN Circular No 1 [F.No. SW/3/31/2005/01-DIT(S)/ 15592-93], Dated : 4-3-2005 Tel. No. : 23524261 Fax : 011-23555705 E-mail : cit1.systems@in... Read More

• 2 - Submission of Certificate for claiming deductions u/s 80G of the Income-tax Act, 1961  Dated 12/01/2005
Circular No. : 2 Date of Issue : 12.1.2005 Section(s) Referred : 80G Statute : Income-Tax Act Subject :Submission of Certificate for claimin... Read More

• 6 - Income-tax deduction from salaries during the financial year 2004-2005 under section 192 of the Income-tax Act, 1961  Dated 06/12/2004
Circular No. : 6 Date of Issue : 6.12.2004 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Income-tax deduction from salaries duri... Read More

• 6/2004 - Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Income-tax deduction from salaries during the financial year 2004-2005 under section 192  Dated 06/12/2004
Circular Income-tax Act Section 192 of the Income-tax Act, 1961 - Deduction of tax at source - Salaries - Income-tax deduction from salaries during the financial year 2004-2005 under section 19... Read More

• 5 - Taxation of IT-enabled Business Process Outsourcing Units in India  Dated 28/09/2004
Circular No. : 5 Date of Issue : 28.9.2004 Section(s) Referred : 28 Statute : Income-Tax Act Subject : Taxation of IT-enabled Business Proc... Read More

• 2 [F No. 4/5/WG/93-DIT(S)/VOL-V/Part I] - Release of 2nd version of software for verification of PAN through Common Business Number (CBN) Server - regarding  Dated 13/09/2004
Release of 2nd version of software for verification of PAN through Common Business Number (CBN) Server - regarding CBN INSTRUCTION NO. 2 [F No. 4/5/WG/93-DIT(S)/VOL-V/Part I], Dated 13-9-2004 Tel.... Read More

• 3 - Clarification regarding provisions of section 80HHE of the Income Tax Act, 1961  Dated 12/02/2004
Circular No : 3 Date of Issue : 12.2.2004 Section(s) Referred : 80HHE Statute : Income-Tax Act Subject : Clarification regarding provisions o... Read More

• 2 - Abolition of the requirement of obtaining Income-tax Clearance Certificate (ITCC) by persons entering into commercial contracts  Dated 10/02/2004
Circular No : 2 Date of Issue : 10.02.2004 Section(s) Referred : 230 Statute : Income-Tax Act Subject : Abolition of the requirement of obtai... Read More

• 1 - Taxation of Business Process Outsourcing Units in India  Dated 02/01/2004
Circular No : 1 Date of Issue : 2.1.2004 Section(s) Referred : 28 Statute : Income-Tax Act Subject : Taxation of Business Process Outsourcing U... Read More

• 1/2004 - Section 9 of the Income-tax Act, 1961 - Income deemed to accrue or arise in India - Taxation of Business Process Outsourcing Units in India  Dated 02/01/2004
Circular/income-tax act Section 9 of the Income-tax Act, 1961 - Income deemed to accrue or arise in India - Taxation of Business Process Outsourcing Units in India Circular No. 1/2004, dated 2-1... Read More

• 10 - Filing of Return of Income by Coffee growers, being individuals, covered by Rules 7B of the Income tax Rules, 1962 ? Clarification regarding  Dated 24/12/2003
Circular No : 10 Date of Issue : 24.12.2003 Section(s) Referred : 139(1) Statute : Income-Tax Act Subject : Filing of Return of Income by Coff... Read More

• 9 - Income-tax Deduction from Salaries during the Financial Year 2003-2004 under section 192 of the Income-tax Act, 1961.  Dated 18/11/2003
Circular No : 9 Date of Issue : 18.11.2003 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Income-tax Deduction from Salaries d... Read More

• 8/2003 - Filing of returns relating to Tax Deduction at Source on computer media  Dated 19/09/2003
CIRCULAR/INCOME-TAX ACT Filing of returns relating to Tax Deduction at Source on computer media CIRCULAR NO. 8/2003, DATED 19-9-2003 1. Finance Act, 2003 has amended section 206 of the Income-t... Read More

• 8 - Filing of returns relating to Tax Deduction at Source on computer  Dated 19/09/2003
Circular No : 8 Date of Issue : 19.09.2003 Section(s) Referred : 206 Statute : Income-Tax Act Subject: Filing of returns relating to Tax Deduc... Read More

• 7/2003 - FINANCE ACT, 2003 - CIRCULAR NO. 7/2003, DATED 5-9-2003  Dated 05/09/2003
FINANCE ACT, 2003 - CIRCULAR NO. 7/2003, DATED 5-9-2003 Amendments at a glance Rate Structure Income-tax Act Wealth-tax Act Gift-tax Act Expenditure Tax Act ... Read More

• 7 - Finance Act, 2003 - Explanatory Notes on provisions relating to Direct Taxes  Dated 05/09/2003
Circular/finance act, 2003 Finance Act, 2003 - Explanatory Notes on provisions relating to Direct Taxes Circular No. 7/2003, dated 5-9-2003 1. Introduction 1.1 The Finance Act, 2003 as passed ... Read More

• 6 - Tax deduction at source under section 194H of Income-tax Act--Turnover Commission payable by RBI to Agency Banks--Exemption from TDS  Dated 03/09/2003
Circular No : 6 Date of Issue : 3.9.2003 Section(s) Referred : 194H Statute : Income-Tax Act Subject: Tax deduction at source under section 1... Read More

• 6/2003 - Section 194H of the Income-tax Act, 1961 - Commission or brokerage - Clarifications regarding Turnover Commission payable by RBI to Agency Banks - exemption from TDS  Dated 03/09/2003
Circular/Income-Tax Act Section 194H of the Income-tax Act, 1961 - Commission or brokerage - Clarifications regarding Turnover Commission payable by RBI to Agency Banks - exemption from TDS Circ... Read More

• 68 - Revised Instructions on Management of Assessment Records - Clarifications reg.  Dated 22/07/2003
DOMS Circular No.68, dated 22-7-2003 F.No.10/1/02-AP/DOMS Directorate of Income Tax (Organisation Management Services) East Block-II, Level-V, R.K. Puram, New Delhi. Dated: 22nd July, 2003 ... Read More

• 6 - Tax on Income from the manufacture of Rubber and Coffee - Clarification regarding reassessment of income for the Assessment Years prior to Assessment Year 2002-03.  Dated 22/05/2003
Circular No : 6 Date of Issue : 22.05.2003 Section(s) Referred : Miscellaneous Statute : Income-Tax Act Subject: Tax on Income from the manufa... Read More

• 5 - Tax on income from the manufacture of rubber and coffee-Clarification regarding reassessment of income for the assessment years prior to assessment year 2002-03  Dated 22/05/2003
Circular No : 5 Date of Issue : 22.5.2003 Section(s) Referred : 147 , 263 Statute : Income-Tax Act Subject: Tax on income from the manufacture... Read More

• 4 - The cases of certain assessees owning power-looms not to be selected for scrutiny assessment-Reg  Dated 14/05/2003
Circular No : 4 Date of Issue : 14.5.2003 Section(s) Referred : 143 Statute : Income-Tax Act Subject: The cases of certain assessees owning po... Read More

• 67 - Management of Assessment Records ? Revised Instructions  Dated 11/03/2003
DOMS Circular No. 67, dated 11-3-2003 F.No. 10/1/02-AP/DOMS Directorate of Income Tax (Organisation Management Services) East Block-II Level V, R. K. Puram, New Delhi. Dated: 11th March, 200... Read More

• 3 - Deduction of Income-tax at source under Sections 193, 194A, and 194K of Income-tax Act  Dated 11/03/2003
Circular No : 3 Date of Issue : 11.3.2003 Section(s) Referred : 193 , 10(23C) , 194A , 194K Statute : Income-Tax Act Subject. Deduction of Inc... Read More

• 2 - Deduction of Income-tax at source under Sections 193, 194, 194A, and 194K of Income-tax Act  Dated 11/03/2003
Circular No : 2 Date of Issue : 11.3.2003 Section(s) Referred : 193 , 10(23C) , 194 , 194A Statute : Income-Tax Act Subject: Deduction of Inco... Read More

• 1 - Clarification regarding residential status under Indo-Mauritius Double Taxation Avoidance Convention (DTAC)-Reg.  Dated 10/02/2003
Circular No : 1 Date of Issue : 10.2.2003 Section(s) Referred : 90 Statute : Income-Tax Act Also Referring : 6 Subject: Clarificat... Read More

• 13 - Income-tax deduction from salaries during the financial year 2002-2003 under section 192 of the Income-tax Act, 1961  Dated 23/12/2002
Circular No : 13 Date of Issue : 23.12.2002 Section(s) Referred : 192 Statute : Income-Tax Act Subject: Income-tax deduction from salaries dur... Read More

• 12 - Deduction of income-tax at source under sections 194A, 194-I and 194K of Income-tax Act  Dated 22/11/2002
Circular No : 12 Date of Issue : 22.11.2002 Section(s) Referred : 194A , 194-I , 194K Statute : Income-Tax Act Subject: Deduction of income-ta... Read More

• 11 - Deduction of income-tax at source under sections 193, 194A and 194K of Income-tax Act  Dated 22/11/2002
Circular No : 11 Date of Issue : 22.11.2002 Section(s) Referred : 193 , 194 , 194A , 194K Statute : Income-Tax Act Subject: Deduction of incom... Read More

• 10 - Remittances to non-residents--Deduction of tax at source Section 195 of the I.T. Act  Dated 09/10/2002
Circular No : 10 Date of Issue : 9.10.2002 Section(s) Referred : 195 Statute : Income-Tax Act Subject: Remittances to non-residents--Deduction... Read More

• 1 [F. No. 4/5/WG/93-DIT(S)/Vol-V/Part I/2332-47] - Release of software for verification OF PAN through common Business Number (CBN) Server - Regarding  Dated 03/10/2002
Release of software for verification OF PAN through common Business Number (CBN) Server - Regarding CBN Instruction No. 1 [F. No. 4/5/WG/93-DIT(S)/Vol-V/Part I/2332-47], Dated 3-10-2002 Tel. No.... Read More

• 9 - Tax deduction at source under section 194A of the Income-tax Act, 1961--Applicability of the provisions in respect of income paid or credited to a member of co-operative bank--Reg.  Dated 11/09/2002
Circular No : 9 Date of Issue : 11.9.2002 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Tax deduction at source under section 1... Read More

• 8 - Finance Act, 2002  Dated 27/08/2002
Finance Act, 2002 Amendments at a glance SECTION/SCHEDULE PARTICULARS FINANCE ACT 2/First Schedule Rate structure 4 INCOME-TAX ACT 2(31), Explanat... Read More

• 7 - Availability of benefit u/s 80-IA in respect of Infrastructure facilities notified by CBDT prior to 31-3-2001  Dated 26/08/2002
Circular No : 7 Date of Issue : 26.8.2002 Section(s) Referred : 80IA Statute : Income-Tax Act Subject : Availability of benefit u/s 80-IA in r... Read More

• 6 - Threshold limits for deduction of tax at source from income by way of dividends and income from units  Dated 02/08/2002
Circular No : 6 Date of Issue : 2.8.2002 Section(s) Referred : 194A , 56 Statute : Income-Tax Act Subject: Threshold limits for deduction of t... Read More

• 5 - Tax deduction at source under section 194-I of the Income tax Act, 1961 and Circular No. 715, dated August 8, 1995  Dated 30/07/2002
Circular No : 5 Date of Issue : 30.7.2002 Section(s) Referred : 194C , 199 Statute : Income-Tax Act Subject: Tax deduction at source under sec... Read More

• 4 - Requirement of tax deduction at source in case of entities whose income is exempt under section 10 of the Income tax Act.  Dated 16/07/2002
Circular No : 4 Date of Issue : 16.7.2002 Section(s) Referred : 197A Statute : Income-Tax Act Subject: Requirement of tax deduction at source ... Read More

• 3 - Requirement of deduction of income-tax at source under sections 193,194A and 194K of the Income-tax Act  Dated 28/06/2002
Circular No : 3 Date of Issue : 28.6.2002 Section(s) Referred : 193 , 10(23C)(iv) , 194 , 194A , 194K Statute : Income-Tax Act Subject: Requir... Read More

• 2 - Tax treatment of deep discount bonds and STRIPS - reg  Dated 15/02/2002
Circular No : 2 Date of Issue : 15.2.2002 Section(s) Referred : 28 , 29 , 45 Statute : Income-Tax Act Subject:- Tax treatment of deep discount... Read More

• 1 - Income-tax deduction from salaries during the financial year 2001-2002 under section 192 of the Income-tax Act, 1961 - Clarifications - Regarding  Dated 04/02/2002
Circular No : 1 Date of Issue : 4.2.2002 Section(s) Referred : 192 , 17 Statute : Income-Tax Act Subject : Income-tax deduction from salaries ... Read More

• F. No. 153/88/2001 - CORRIGENDUM TO CIRCULAR No. 14/2001  Dated 12/12/2001
CORRIGENDUM TO CIRCULAR No. 14/2001 [F. No. 153/88/2001-TPL dated. 12.12.2001] For Para No. 25.3 of Circular No. 14/2001 on Explanatory Note for the Finance Act, 2001 issued by the Central Board ... Read More

• 15 - Income-tax deduction from salaries during the financial year 2001-2002 under section 192 of the Income-tax Act, 1961.  Dated 12/12/2001
Financial year 2001-2002 1091. Instruction for deduction of tax at source from salaries during the financial year 2001-2002 under section 192 1. Reference is invited to Circular No. 798, dated 3... Read More

• 14 - FINANCE ACT, 2001  Dated 09/11/2001
FINANCE ACT, 2001 - CIRCULAR NO. 14/2001 , DATED 9-11-2001 Amendments at a glance Rate Structure Amendments to Wealth-tax Act Amendments to Expenditure-tax Act Amendments to National Bank for Agri... Read More

• 13 - Liability for payment of advance tax under new MAT provisions of section 115JB of the Income-tax Act  Dated 09/11/2001
Circular No : 13 Date of Issue : 9.11.2001 Section(s) Referred : 115JB Statute : Income-Tax Act Subject: Liability for payment of advance tax ... Read More

• 798 - Income-tax deduction from salaries during the financial year 2000-2001 under section 192 of the Income-tax Act, 1961.  Dated 30/10/2001
1093. Instructions for deduction of tax at source from salaries during the financial year 2000-2001 1. Reference is invited to Circular No. 781, dated 5-11-1999 wherein the rates of deduction of ... Read More

• 12 - Provisions governing transfer price in an international transaction-regarding.  Dated 23/08/2001
Circular No : 12 Date of Issue : 23.8.2001 Section(s) Referred : 92 Statute : Income-Tax Act Also Referring : 92A to 92F Subject: ... Read More

• 12/2001 - Clarification on provisions governing transfer price in an international transaction  Dated 23/08/2001
Sections 92 to 92F Transfer Pricing 780. Clarification on provisions governing transfer price in an international transaction The Finance Act, 2001, has substituted the existing section 92 of ... Read More

• 11 - Restriction on reopening of completed assessments on account of provisions of section 14A-Clarification regarding  Dated 23/07/2001
Circular No : 11 Date of Issue : 23.7.2001 Section(s) Referred : 14A , 147 Statute : Income-Tax Act Subject : Restriction on reopening of comp... Read More

• 10 - Widening of tax base Notification Nos. 121 [S.O. No.409(E)] and 122 [S.O. No. 410(E)], dated 10th May, 2001-regarding  Dated 19/07/2001
Circular No : 10 Date of Issue : 19.7.2001 Section(s) Referred : 139 Statute : Income-Tax Act Subject : Widening of tax base Notification Nos.... Read More

• 9 - Treatment of tax paid under section 172(3)/(4) by a non-resident engaged in shipping business-clarification-regarding.  Dated 09/07/2001
Circular No : 9 Date of Issue : 9.7.2001 Section(s) Referred : 172 Statute : Income-Tax Act Subject: Treatment of tax paid under section 172(3... Read More

• 8 - Condonation of delay in filing refund claim and claim of carry forward of losses under section 119(2)(b)  Dated 16/05/2001
Circular No : 8 Date of Issue : 16.5.2001 Section(s) Referred : 119 , 237 Statute : Income-Tax Act Subject: Condonation of delay in filing ref... Read More

• 7/2001 - Submission of certificate for claiming deductions under section 80G in respect of donations made by an employee to the Prime Minister?s National Relief Fund  Dated 21/03/2001
587. Submission of certificate for claiming deductions under section 80G in respect of donations made by an employee to the Prime Ministers National Relief Fund, the Chief Ministers Relief Fund an... Read More

• 6 - Taxation of Foreign Telecasting Companies (FTCs) - Regarding  Dated 05/03/2001
Circular No : 6 Date of Issue : 5.3.2001 Section(s) Referred : 6 , 115S Statute : Income-Tax Act Subject: Taxation of Foreign Telecasting Comp... Read More

• 5 - Credit for tax deducted at source under section 199 of the Income-tax Act  Dated 02/03/2001
Circular No : 5 Date of Issue : 2.3.2001 Section(s) Referred : 199 , 194I Statute : Income-Tax Act Subject: Credit for tax deducted at source ... Read More

• 7 - Submission of certificate for claiming deductions under section 80G of the Income-tax Act, 1961  Dated 01/03/2001
Circular No : 7 Date of Issue : 1.3.2001 Section(s) Referred : 80G Statute : Income-Tax Act Subject: Submission of certificate for claiming de... Read More

• 4 - Deduction of income-tax at source from salaries under section 192 of the Income-tax Act, 1961, during the financial year 2000-01  Dated 15/02/2001
Circular No : 4 Date of Issue : 15.2.2001 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Deduction of income-tax at source from ... Read More

• 4/2001 - Instructions for deduction of tax at source from salaries during the financial year 2000-2001 - Taxation Laws (Amendment) Ordinance, 2001  Dated 12/02/2001
Financial year 2000-2001 1092. Instructions for deduction of tax at source from salaries during the financial year 2000-2001 - Taxation Laws (Amendment) Ordinance, 2001 An additional surcharge o... Read More

• 3 - Filing of Audit Report under sections 44AD(6), 44AE(7) and 44AF(5) of the Income-tax Act, 1961, for the assessment year 1998-99  Dated 09/02/2001
Circular No : 3 Date of Issue : 9.2.2001 Section(s) Referred : 44B , 143 Statute : Income-Tax Act Subject: Filing of Audit Report under sectio... Read More

• 2 - Finance Lease Agreements - Effect of publication of Accounting Standards on allowability of depreciation  Dated 09/02/2001
260. Finance Lease Agreements - Effect of publication of Accounting Standards on allowability of depreciation 1. Under the Income-tax Act in all leasing transactions, the owner of the asset is en... Read More

• 1 - Filing of auditors report in old format of Form No. 10CCAC along with, the return in place of new format of Form No. 10CCAC  Dated 17/01/2001
Circular No : 1 Date of Issue : 17.1.2001 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject : Filing of auditors report in old form... Read More

• 797 - Filing of returns regarding tax deduction at source/tax collection at source on computer media.  Dated 10/10/2000
Circular No : 797 Date of Issue : 10.10.2000 Section(s) Referred : 200 , 206 , 207(3) Statute : Income-Tax Act Subject: Filing of returns rega... Read More

• 796 - Use of computerised challan forms for deposit of tax deducted at source  Dated 10/10/2000
Circular No : 796 Date of Issue : 10.10.2000 Section(s) Referred : 190 Statute : Income-Tax Act Subject : Use of computerised challan forms fo... Read More

• 795 - Removal of difficulties to Kisan Credit Cardholders by the provisions clause(v) of the first proviso to section 139(1) of the income-tax act- Regarding  Dated 01/09/2000
Circular No : 795 Date of Issue : 1.9.2000 Section(s) Referred : 139A Statute : Income-Tax Act Subject: Removal of difficulties to Kisan Credi... Read More

• 794 - FINANCE ACT, 2000  Dated 09/08/2000
FINANCE ACT, 2000 - CIRCULAR No. 794, DATED 9-8-2000 Amendments at a glance Amendments to Income-tax Act Amendments to Finance No. 2 Act, 1998 Amendments to Finance Act 1999 Amendments to Wealth-... Read More

• 793 - Definition of port as infrastructure facility for the purpose of sections 10(23G) and 80-IA of the Income-tax Act, 1961  Dated 23/06/2000
Circular No : 793 Date of Issue : 23.6.2000 Section(s) Referred : 10(23G) , 80IA Statute : Income-Tax Act Subject: Definition of port as infra... Read More

• 792 - Validity of Returns of Income filed in old forms  Dated 21/06/2000
Circular No : 792 Date of Issue : 21.6.2000 Section(s) Referred : 139 , 185 Statute : Income-Tax Act Subject: Validity of Returns of Income f... Read More

• 791 - Tax exemption on the sale of capital assets converted into stock-in-trade-Clarification regarding section 45(2) read with section 54E, 54EA, 54EB & 54EC of the Income-tax Act,1961  Dated 02/06/2000
Circular No : 791 Date of Issue : 2.6.2000 Section(s) Referred : 45(2) Statute : Income-Tax Act Subject : Tax exemption on the sale of capital... Read More

• 790 - Procedure for refund of tax deducted at source under section 195 to the person deducting the tax-regarding  Dated 20/04/2000
Circular No : 790 Date of Issue : 20.4.2000 Section(s) Referred : 195 , 244A Statute : Income-Tax Act Subject : Procedure for refund of tax de... Read More

• 789 - Clarification regarding taxation of income from dividends and capital gains under the Indo-Mauritius Double Tax Avoidance Convention (DTAC)-Regarding  Dated 13/04/2000
Circular No : 789 Date of Issue : 13.4.2000 Section(s) Referred : 115A Statute : Income-Tax Act Also Referring : 6 Subject : Clari... Read More

• 788 - DEDUCTIONS TO BE MADE IN COMPUTING TOTAL INCOME Tax Act, 1961-regarding.  Dated 11/04/2000
Circular No : 788 Date of Issue : 11.4.2000 Section(s) Referred : 80IB Statute : Income-Tax Act Subject: Deduction of profit and gains from In... Read More

• 787 - Taxation of income of artists, entertainers, sportsmen, etc., from international/national/local events - Guidelines reg.  Dated 10/02/2000
253. Guidelines regarding taxation of income of artists, entertainers, sportsmen, etc., from international/ national/local events 1. The Board had in the recent past, occasion to examine taxation... Read More

• 786 [WITHDRAWN BY CIRCULAR NO. 7/2009, DATED 22-10-2009] - Deduction of tax u/s 195 and the taxability of export commission payable to non-resident agents rendering services abroad - clarification regarding  Dated 07/02/2000
Circular No : 786 Date of Issue : 7.2.2000 Section(s) Referred : 195 , 5 , 9 , 40(a)(i) Statute : Income-Tax Act [WITHDRAWN BY CIRCULAR NO. 7/... Read More

• 785 - Issue of certificate for tax deducted at source in respect of payment made "net of tax" in terms of section 195A of the Income-tax Act 1961  Dated 24/11/1999
Circular No : 785 Date of Issue : 24.11.1999 Section(s) Referred : 195A , 203 Statute : Income-Tax Act Subject: Issue of certificate for tax d... Read More

• 784 - Clarification of provisions of section 273A(4) of the Income-tax Act-Regarding  Dated 22/11/1999
Circular No : 784 Date of Issue : 22.11.1999 Section(s) Referred : 273A Statute : Income-Tax Act Subject: Clarification of provisions of secti... Read More

• 783 - Waiver of interest under sections 234A, 234B and 234C claimed on the basis of Press Note dated 21st May, 1996 - Clarification regarding  Dated 18/11/1999
Circular No : 783 Date of Issue : 18.11.1999 Section(s) Referred : 234A , 234B , 234C Statute : Income-Tax Act Subject: Waiver of interest und... Read More

• 782 - Submission of certificate for claiming deductions in respect of donations made by an employee to the Prime Minister?s National Relief Fund,  Dated 13/11/1999
585. Submission of certificate for claiming deductions in respect of donations made by an employee to the Prime Ministers National Relief Fund, the Chief Ministers Relief Fund and the Lieutenant G... Read More

• 782 - Submission of certificate for claming deductions u/s. 80G of Income-tax Act, 1961  Dated 12/11/1999
Circular No : 782 Date of Issue : 12.11.1999 Section(s) Referred : 80G Statute : Income-Tax Act Subject : Submission of certificate for clamin... Read More

• 781 - Instructions for deduction of tax at source from salaries during the financial year 1999-2000  Dated 05/11/1999
Financial year 1999-2000 Instructions for deduction of tax at source from salaries during the financial year 1999-2000 1. Reference is invited to Circular No. 771 dated 3rd November, 1998 wherei... Read More

• 780 - Computation of income falling under clause (23G) of section 10 of Income tax Act, 1961 - regarding  Dated 04/10/1999
Circular No : 780 Date of Issue : 4.10.1999 Section(s) Referred : 10(23G) , 197 Statute : Income-Tax Act Sub: Computation of income falling un... Read More

• 779 - FINANCE ACT, 1999  Dated 14/09/1999
FINANCE ACT, 1999 - CIRCULAR No. 779, DATED 14-9-1999 Amendments at a glance Rate Structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Expenditure-tax Act ... Read More

• 778 - Procedure dealing with application for approval under clause (ii) & (iii) of sub-section (1) of section 35 of the Income tax Act, 1961 - regarding  Dated 20/08/1999
Circular No : 778 Date of Issue : 20.8.1999 Section(s) Referred : 35 , 154 Statute : Income-Tax Act Subject: Procedure dealing with applicatio... Read More

• 777 - Submission of certificate for claiming deductions u/s 80G of the Income Tax Act, 1961 in respect of donations  Dated 01/07/1999
Circular No : 777 Date of Issue : 1.7.1999 Section(s) Referred : 80G Statute : Income-Tax Act Subject : Submission of certificate for claiming... Read More

• 776 - Taxability of ex-gratia payment made by Central Government / State Government / local authority / Government Public Sector Undertaking- RegTaxability of ex-gratia payment made by Central Government / State Government / local authority / Government Public Sector Undertaking- Reg  Dated 08/06/1999
Circular No : 776 Date of Issue : 8.6.1999 Section(s) Referred : 4 Statute : Income-Tax Act Subject: Taxability of ex-gratia payment made by C... Read More

• 775 - Deduction u/s 80DD in respect of maintenance including medical treatment of handicapped dependant-TDS u/s 192 of I.T. Act.  Dated 26/03/1999
Circular No : 775 Date of Issue : 26.3.1999 Section(s) Referred : 80DD , 192 Statute : Income-Tax Act Subject : Deduction u/s 80DD in respect ... Read More

• 774 - Issue of certificate under section 197(1) of the I. T. Act.  Dated 17/03/1999
Circular No : 774 Date of Issue : 17.3.1999 Section(s) Referred : 197 , 193 , 194 , 195 Statute : Income-Tax Act Subject: Issue of certificate... Read More

• 773 - Income-tax refund orders - Discharge by payee - Modification of procedure - Regarding  Dated 15/02/1999
Circular No : 773 Date of Issue : 15.2.1999 Section(s) Referred : 237 Statute : Income-Tax Act Subject: Income-tax refund orders - Discharge b... Read More

• 772 - FINANCE (NO. 2) ACT, 1998  Dated 23/12/1998
FINANCE (NO. 2) ACT, 1998 - CIRCULAR NO. 772, DATED 23-12-1998 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendment... Read More

• 771 - Income-tax deduction from salaries during the financial year 1998-99 under section 192 of the Income-tax Act, 1961  Dated 03/11/1998
Circular No : 771 Date of Issue : 3.11.1998 Section(s) Referred : 192 , 80CCC , 80D , 80DD , 80DDB , 80E , 80G , 80GG , 88 Statute : Income-Tax Ac... Read More

• 770 - Transfer of cases from one Income-tax authority to another under the Income-tax Act, 1961 during financial year 1998-99 - Instructions regarding  Dated 16/09/1998
Circular No : 770 Date of Issue : 16.9.1998 Section(s) Referred : 127 Statute : Income-Tax Act Subject: Transfer of cases from one Income-tax ... Read More

• 769 - Procedure for refund of tax deducted at source under section 195  Dated 06/08/1998
Circular No : 769 Date of Issue : 6.8.1998 Section(s) Referred : 195 Statute : Income-Tax Act Subject: Procedure for refund of tax deducted at... Read More

• 768 - Determination of ?date of transfer? and the ?period of holding of securities? held in dematerialised form under section 45(2A) qua transactions in securities  Dated 24/06/1998
464. Determination of date of transfer and the period of holding of securities held in dematerialised form under section 45(2A) qua transactions in securities 1. At present trading in securities ... Read More

• 767 - CBDT Circular No. 759, dated November 18, 1997, on the subject remittance to a non-resident--Deduction of tax at source  Dated 22/05/1998
Circular No : 767 Date of Issue : 22.5.1998 Section(s) Referred : 195 Statute : Income-Tax Act Subject : CBDT Circular No. 759, dated November... Read More

• 768 - Transactions in securities-Determination of "date of transfer" and the "period of holding of securities" held in dematerialized form under section 45(2A) of the Income-tax Act, 1961.  Dated 24/04/1998
Circular No : 768 Date of Issue : 24.4.1998 Section(s) Referred : 45 Statute : Income-Tax Act Subject : Transactions in securities-Determinati... Read More

• 766 - Deduction of tax at source under section 194-J  Dated 24/04/1998
Circular No : 766 Date of Issue : 24.4.1998 Section(s) Referred : 194J Statute : Income-Tax Act Subject : Deduction of tax at source under sec... Read More

• 765 - Taxation of foreign telecasting company - Guidelines for computation of income-tax, etc  Dated 15/04/1998
Circular No : 765 Date of Issue : 15.4.1998 Section(s) Referred : 28 , 115S , 29 Statute : Income-Tax Act Subject: Taxation of foreign telecas... Read More

• 764 - Deduction of tax at source - Taxability of Transport Allowance - Clarification - regarding  Dated 20/02/1998
Circular No : 764 Date of Issue : 20.2.1998 Section(s) Referred : 192 , 10(14) Statute : Income-Tax Act Subject: Deduction of tax at source - ... Read More

• 763 - FINANCE ACT, 1997  Dated 18/02/1998
FINANCE ACT, 1997 - CIRCULAR NO. 763, DATED 18-2-1998 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Interest-tax Act Amendments to Expenditure-tax Act ... Read More

• 762 - FINANCE (NO. 2) ACT, 1996  Dated 18/02/1998
FINANCE (NO. 2) ACT, 1996 - CIRCULAR NO. 762, DATED 18-2-1998 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act ... Read More

• 761 - Use of Form No. 16 for pensioners-Regarding  Dated 13/01/1998
Circular No : 761 Date of Issue : 13.1.1998 Section(s) Referred : 203 , 17(1)(ii) , 192 Statute : Income-Tax Act Subject : Use of Form No. 16 ... Read More

• 760 - Interest-tax Act, 1974-Hire-purchase transactions Taxability of hire-charges as interest-Instructions Regarding.  Dated 13/01/1998
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 760 Date of Issue: 13.1.1998 Subject : Interest-tax Act, 1974-Hire-purchase transactions Taxability of hire-charges as interest-Ins... Read More

• 759 - Remittance to a non-resident--Deduction of tax at source  Dated 18/11/1997
Circular No : 759 Date of Issue : 18.11.1997 Section(s) Referred : 195 Statute : Income-Tax Act Subject : Remittance to a non-resident--Deduct... Read More

• 758 - Clarification regarding deduction of tax from payments of additional pay, allowances and arrears to Central Government employees following the notification based  Dated 07/11/1997
Circular No : 758 Date of Issue : 7.11.1997 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Clarification regarding deduction of ... Read More

• 757 - Income-tax deduction from salaries during the financial year 1997-98 under section 192 of the Income-tax Act, 1961.  Dated 20/10/1997
Circular No : 757 Date of Issue : 20.10.1997 Section(s) Referred : 192 , 80CCC , 80D , 80DD , 80DDA , 80DDB , 80E , 80G , 88 , 88B , 88C Statute : ... Read More

• 756 - Clarification regarding deduction of tax from payments of additional pay, allowances and arrears to Central Government employees following the notification based  Dated 10/10/1997
Circular No : 756 Date of Issue : 10.10.1997 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Clarification regarding deduction of... Read More

• 755 - Clarifications On Voluntary Disclosure Of Income Scheme, 1997 (II)   Dated 25/07/1997
Circular No : 755 Date of Issue : 25.7.1997 Section(s) Referred : VDIS Statute : Income-Tax Act Clarifications On Voluntary Disclosure Of Inco... Read More

• 754 - Voluntary Disclosure of Income Scheme, 1997  Dated 10/06/1997
Circular No : 754 Date of Issue : 10.06.1997 Section(s) Referred : VDIS Statute : Income-Tax Act The Finance Act, 1997 has introduced a Volunt... Read More

• 753 - Finiance Act, 1997- Explanatory notes on provisions relating to the voluntary disclosure of income scheme,1997  Dated 10/06/1997
Circular No : 753 Date of Issue : 10.06.1997 Section(s) Referred : VDIS Statute : Income-Tax Act Subject : Finiance Act, 1997- Explanatory not... Read More

• 752 - 100 per cent. deduction for contributions made to Andhra Pradesh C. Ms. Cyclone Relief Fund  Dated 26/03/1997
Circular No : 752 Date of Issue : 26.3.1997 Section(s) Referred : 80G Statute : Income-Tax Act Subject: 100 per cent. deduction for contributi... Read More

• 751 - Securities lending scheme of Securities and Exchange Board of India  Dated 10/02/1997
Circular No : 751 Date of Issue : 10.2.1997 Section(s) Referred : 2(47) Statute : Income-Tax Act Subject : Securities lending scheme of Securi... Read More

• 67 - Notice u/s 158 BC of the IT Act, 1961?(ITNS 274)? Modification regarding.  Dated 26/01/1997
DOMS CIRCULAR No. 67, DATED 26-1-1997 Sub: Notice u/s 158 BC of the IT Act, 1961(ITNS 274) Modification regarding. Reference is invited to the Income-tax (Second Amendment) Ordinance, 1996 (32 o... Read More

• 750 - Guidelines for companies and mutual funds in respect of approved investments for purposes of sections 54EA and 54EB of the Income tax Act  Dated 13/01/1997
Circular No : 750 Date of Issue : 13.1.1997 Section(s) Referred : 54EA , 54EB Statute : Income-Tax Act Subject: Guidelines for companies and m... Read More

• 749 - Clarification regarding certificate for deduction of tax made by Central Government Departments who are making payments by book adjustments  Dated 27/12/1996
Circular No : 749 Date of Issue : 27.12.1996 Section(s) Referred : 203 Statute : Income-Tax Act Subject: Clarification regarding certificate f... Read More

• 748 - Guidelines for companies and mutual funds in respect of approved investments for purposes of sections 54EA and 54EB of the Income tax Act  Dated 19/12/1996
Circular No : 748 Date of Issue : 19.12.1996 Section(s) Referred : 54EA , 54EB Statute : Income-Tax Act Subject: Guidelines for companies and ... Read More

• 747 - Income-tax deduction from salaries during the financial year 1996-97 under section 192 of the Income-tax Act, 1961.  Dated 02/12/1996
Circular No : 747 Date of Issue : 2.12.1996 Section(s) Referred : 192 , 80CCC , 80D , 80DD , 80DDA , 80DDB , 80E , 80G , 80GG , 80U , 88 Statute : ... Read More

• 746 - -  Dated 26/07/1996
Circular No : 746 Date of Issue : 26.7.1996 Section(s) Referred : 80Q Statute : Income-Tax Act The Central Board of Direct Taxes hereby makes ... Read More

• 745 - Requirement of deductions of Income-tax at source under section 193 of Income-Tax Act  Dated 19/07/1996
Circular No : 745 Date of Issue : 19.7.1996 Section(s) Referred : 193 , 10(23C) Statute : Income-Tax Act Subject: Requirement of deductions of... Read More

• 744 - Filing of returns under section 206 of Income-tax Act, 1961, in respect of tax deduction at source from the salary of employees of a company  Dated 06/05/1996
Circular No : 744 Date of Issue : 6.5.1996 Section(s) Referred : 206 Statute : Income-Tax Act Subject : Filing of returns under section 206 of... Read More

• 743 - Taxability of unutilised deposit under the Capital Gains Accounts Scheme, 1988 in the hands of the legal heirs of the assessee  Dated 06/05/1996
Circular No : 743 Date of Issue : 6.5.1996 Section(s) Referred : 54 , 54F Statute : Income-Tax Act Sub: Taxability of unutilised deposit unde... Read More

• 742 - Taxation of foreign telecasting companies - Guidelines for computation of income-tax, etc.  Dated 02/05/1996
Circular No : 742 Date of Issue : 2.5.1996 Section(s) Referred : 195 Statute : Income-Tax Act Subject: Taxation of foreign telecasting compani... Read More

• 741 - Requirement of deduction of income-tax at source under section 193 of Income Tax Act - Payment of income by way of interest on securities  Dated 18/04/1996
Circular No : 741 Date of Issue : 18.4.1996 Section(s) Referred : 193 , 10(25)(ii) Statute : Income-Tax Act Subject:. Requirement of deduction... Read More

• 740 - Taxability of interest remitted by branches of banks to the head office situated abroad, under the Foreign Currency Packing Credit Scheme of Reserve Bank of India.  Dated 17/04/1996
Circular No : 740 Date of Issue : 17.4.1996 Section(s) Referred : 115A Statute : Income-Tax Act Subject : Taxability of interest remitted by b... Read More

• 739 - Provisions of section 40(b)(v) of the Income Tax Act, 1961, regarding admissibility of remuneration of working partner in the assessment of firms - regarding  Dated 25/03/1996
Circular No : 739 Date of Issue : 25.3.1996 Section(s) Referred : 40 Statute : Income-Tax Act Subject: Provisions of section 40(b)(v) of the I... Read More

• 738 - Clarification on applicability of Interest-tax Act to hire purchase transactions.  Dated 25/03/1996
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 738 Date of Issue: 25.3.1996 Subject : Clarification on applicability of Interest-tax Act to hire purchase transactions. Section(s... Read More

• 737 - Admissibility of Deduction on Account of Salary/interest to partners of firms opting for Estimation of Income under section 44AD and 44AE  Dated 23/02/1996
Circular No : 737 Date of Issue : 23.2.1996 Section(s) Referred : 44AD , 44AE Statute : Income-Tax Act Subject: Admissibility of Deduction on ... Read More

• 736 - Instructions for deduction of tax at source from salaries during the financial year 2000-2001  Dated 13/02/1996
1294. Clarification regarding applicability of provisions of section 194-I to film distributors and exhibitors Representations have been received from the various quarters regarding applicability... Read More

• 735 - Requirement of deduction of tax at source under Section 193, read with section 194-I, of the Income-tax Act, 1961  Dated 30/01/1996
Circular No : 735 Date of Issue : 30.1.1996 Section(s) Referred : 194I , 193 Statute : Income-Tax Act Subject: Requirement of deduction of tax... Read More

• 734 - Applicable rates of taxes under the Double Taxation Avoidance Agreement between India and the United Arab Emirates  Dated 24/01/1996
Circular No : 734 Date of Issue : 24.1.1996 Section(s) Referred : 90 Statute : Income-Tax Act Subject: Applicable rates of taxes under the Dou... Read More

• 733 - Section 80-1A (4A) - whether applicable to the BOLT scheme of Indian Railways for development of Railway system-Clarification regarding  Dated 03/01/1996
Circular No : 733 Date of Issue : 3.1.1996 Section(s) Referred : 80IA Statute : Income-Tax Act Subject: Section 80-1A (4A) - whether applicabl... Read More

• 732 - Issue of annual no-objection certificate-Section 172 of the Income-tax Act of, 1961  Dated 20/12/1995
Circular No : 732 Date of Issue : 20.12.1995 Section(s) Referred : 172 Statute : Income-Tax Act Subject : Issue of annual no-objection certifi... Read More

• 731 - Remittance of net reinsurance premia after deduction of brokerage-Eligibility for deduction under Section 80-O of the Income-tax Act 1961.  Dated 20/12/1995
Circular No : 731 Date of Issue : 20.12.1995 Section(s) Referred : 80-O Statute : Income-Tax Act Subject : Remittance of net reinsurance premi... Read More

• 730 - Treatment of tax paid under section 172(3) by non-resident engaged in shipping business - Clarification Regarding  Dated 14/12/1995
Circular No : 730 Date of Issue : 14.12.1995 Section(s) Referred : 172 , 234B , 234C Statute : Income-Tax Act Subject : Treatment of tax paid ... Read More

• 66 - Discontinuance of some technical registers Maintained in the Department.  Dated 06/12/1995
DOMS Circular No. 66, dated 6-12-1995 F.No.22/2/91-AP-DOMS/ Directorate of Income-tax (OMS) New Delhi Dated: 6.12.1995 To All Chief Commissioners of Income-tax All Director Generals of I... Read More

• DOMS CIRCULAR NO. 66 - Discontinuance of some technical registers maintained in the Department  Dated 06/12/1995
DOMS CIRCULAR NO. 66, Dated 6-12-95 Discontinuance of some technical registers maintained in the Department The Central Board of Direct Taxes has approved the recommendation made by this Director... Read More

• 65 - Discontinuance of some technical registers maintained in the Department  Dated 06/12/1995
DOMS CIRCULAR NO. 65, dated 6-12-1995 F.No. 22/2/91AP-DOMS/ Directorate of Income-tax (O MS) New Delhi Dated: __6-12-1995__ To All Chief Commissioners of Income-tax All Director Generals o... Read More

• F. No. 22/2/91-AP-DOMS/ - Retention Schedule of Technical Records/Registers maintained in the Income-tax Department---Review of  Dated 06/12/1995
DOMS Circulars Date of Issue: 6.12.1995 Subject : Retention Schedule of Technical Records/Registers maintained in the Income-tax Department---Review of F. No. 22/2/91-AP-DOMS/ The Central Bo... Read More

• 729 - Benefit of section 80HHC for export of processed minerals - clarification regarding export of cut and polished dimensional blocks, granite or other rocks.  Dated 01/11/1995
Circular No : 729 Date of Issue : 1.11.1995 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Benefit of section 80HHC for export ... Read More

• 728 - Deduction of tax at source under section 195 of the Income-tax Act, 1961--Correct rates of tax applicable  Dated 30/10/1995
Circular No : 728 Date of Issue : 30.10.1995 Section(s) Referred : 195 Statute : Income-Tax Act Subject : Deduction of tax at source under sec... Read More

• 63 - Modification in the format of Notice under Section 148 of the Income-tax Act, 1961 (ITNS-34).  Dated 30/10/1995
DOMS Circulars DOMSCIRCULAR : 63 Date of Issue: 30.10.1995 Subject: Modification in the format of Notice under Section 148 of the Income-tax Act, 1961 (ITNS-34). F. No. 6/3/87-OD-DOMS/2301 t... Read More

• 727 - Expenditure on food or Beverages provided to the employees by an employers - Extend to be treated as entertainment - Section 37(2) of the IT Act, 1961 - Instructions regarding  Dated 27/10/1995
Circular No : 727 Date of Issue : 27.10.1995 Section(s) Referred : 37(2) Statute : Income-Tax Act Subject: Expenditure on food or Beverages pr... Read More

• 726 - Deduction of tax at source under section 194J  Dated 18/10/1995
Circular No : 726 Date of Issue : 18.10.1995 Section(s) Referred : 194J Statute : Income-Tax Act Subject : Deduction of tax at source under se... Read More

• 725 - Issue/approval of notifications under section 10(23C)(iv) or section 35(1)(ii)/(iii) of Income-Tax Act, 1961 after completion of assessment, rectification of mistake consequent thereto  Dated 16/10/1995
Circular No : 725 Date of Issue : 16.10.1995 Section(s) Referred : 154 , 35 Statute : Income-Tax Act Subject: Issue/approval of notifications ... Read More

• 724 - Income-tax deduction from salaries during the financial year 1995-96 under section 192 of the Income-tax Act, 1961.  Dated 29/09/1995
Circular No : 724 Date of Issue : 29.9.1995 Section(s) Referred : 192 , 80E , 80G , 80GG , 80RRA , 80U , 88 Statute : Income-Tax Act Subject :... Read More

• 64 - Procedure for Block Assessment in Search Cases - Issue of notice under section 158BC and maintenance of register regarding-  Dated 26/09/1995
DOMS CIRCULARNO. 64, dated 26-9-1995 Fax: 011-603175 Tel. No. 603175 Grams Telex: 031-72433 DIRECTORATE OF INCOME TAX (ORGANISATION MANGEMENT SERVICES) EAST BLOCK-II, LEVEL-... Read More

• 723 - Tax deduction at source from payment made to foreign shipping companies  Dated 19/09/1995
Circular No : 723 Date of Issue : 19.9.1995 Section(s) Referred : 172 , 80D , 80DD , 194C , 195 Statute : Income-Tax Act Subject : Tax deducti... Read More

• 722 - Co-operative Society engaged in a cottage industry-Deduction under Section 80P (2) (a) (ii) of the Income-tax Act- Clarification regarding.  Dated 19/09/1995
Circular No : 722 Date of Issue : 19.9.1995 Section(s) Referred : 80P Statute : Income-Tax Act Subject:- Co-operative Society engaged in a cot... Read More

• 721 - Clarification regarding computation of tax in respect of long-term capital gains under section 112 of the Income-tax Act  Dated 13/09/1995
Circular No : 721 Date of Issue : 13.9.1995 Section(s) Referred : 112 , 45 Statute : Income-Tax Act Subject: Clarification regarding computati... Read More

• 720 - Tax deduction at source-Clarification  Dated 30/08/1995
Circular No : 720 Date of Issue : 30.8.1995 Section(s) Referred : 194C , 172 , 190 , 194J Statute : Income-Tax Act Subject : Tax deduction at ... Read More

• 719 - Filing of returns under section 206 of the Income-tax Act, 1961, in respect of tax deducted at source from the salary of employees of a company working at its head-quarters or in other branches  Dated 22/08/1995
Circular No : 719 Date of Issue : 22.8.1995 Section(s) Referred : 206 , 204 Statute : Income-Tax Act Subject : Filing of returns under section... Read More

• 718 - Deduction of tax at source from payment of rent under section 194-I of the Income-tax Act, 1961--Clarification regarding  Dated 22/08/1995
Circular No : 718 Date of Issue : 22.8.1995 Section(s) Referred : 194I Statute : Income-Tax Act Subject: Deduction of tax at source from payme... Read More

• 717 - Finance Act, 1995  Dated 14/08/1995
Finance Act, 1995 Circular No. 717, dated 14-8-1995 Amendments at a glance Rate structure ... Read More

• 716 - Provisions regarding tax deduction at source introduced by the Finance Act, 1995---Clarification regarding  Dated 09/08/1995
Circular No : 716 Date of Issue : 9.8.1995 Section(s) Referred : 194A , 194C , 194J , 194K Statute : Income-Tax Act Subject: Provisions regard... Read More

• 715 - Clarification on various provisions relating to tax deduction at source--Regarding  Dated 08/08/1995
Circular No : 715 Date of Issue : 8.8.1995 Section(s) Referred : 194C , 194A , 194I , 194J Statute : Income-Tax Act Subject : Clarification on... Read More

• 714 - Tax deduction at source in case of advertising--Applicability of sections 194C and 194J of the Income-tax Act  Dated 03/08/1995
Circular No : 714 Date of Issue : 3.8.1995 Section(s) Referred : 194C , 194J Statute : Income-Tax Act Subject: Tax deduction at source in case... Read More

• 713 - Tax deduction at source - Ticket sold by airlines and travel agents to the customers - Clarification regarding  Dated 02/08/1995
Circular No : 713 Date of Issue : 2.8.1995 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Tax deduction at source - Ticket sold ... Read More

• 712 - Investment of funds by educational institutions covered under section 10(22) of the Income-tax Act - Clarification regarding  Dated 25/07/1995
Circular No : 712 Date of Issue : 25.7.1995 Section(s) Referred : 11(5) , 10(22) Statute : Income-Tax Act Subject: Investment of funds by educ... Read More

• 711 - RBI/ECGC bonds issued to project exporters who have executed projects in Iraq-applicability of the condition regarding bringing  Dated 24/07/1995
Circular No : 711 Date of Issue : 24.7.1995 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: RBI/ECGC bonds issued to project exp... Read More

• 710 - Taxability of the perquisite on shares issued to employees at less than market price  Dated 24/07/1995
Circular No : 710 Date of Issue : 24.7.1995 Section(s) Referred : 17(2) Statute : Income-Tax Act Subject: Taxability of the perquisite on shar... Read More

• 1927 - Procedure for block assessment in search cases.  Dated 21/07/1995
DOMS Circulars INSTRUCTION : 1927 Date of Issue: 21.7.1995 Subject: Procedure for block assessment in search cases. F. No. 286/61/96-IT (Inv. II) Government of India Ministry of Finance D... Read More

• 709 - Withdrawal of challan forms with three counterfoils for payment of advance tax and self-assessment tax -regarding  Dated 19/07/1995
Circular No : 709 Date of Issue : 19.7.1995 Section(s) Referred : 210 , 139 , 211 Statute : Income-Tax Act Subject: Withdrawal of challan form... Read More

• 708 - Expenditure on food or Beverages provided to the employees by an employers - Extend to be treated as entertainment - section 37(2) of the IT Act, 1961 - Instructions regarding  Dated 18/07/1995
Circular No : 708 Date of Issue : 18.7.1995 Section(s) Referred : 37(2) Statute : Income-Tax Act Subject: Expenditure on food or Beverages pr... Read More

• 707 - Refunds due to non-resident employees of a company after their departure from India  Dated 11/07/1995
Circular No : 707 Date of Issue : 11.7.1995 Section(s) Referred : 192 , 163 Statute : Income-Tax Act Subject: Refunds due to non-resident empl... Read More

• 706 - Deduction under section 80Q of the Income-tax Act, 1961.  Dated 26/06/1995
Circular No : 706 Date of Issue : 26.6.1995 Section(s) Referred : 80Q Statute : Income-Tax Act Subject: Deduction under section 80Q of the Inc... Read More

• 705 - Procedure regarding grant of approval under section 80RRA of the Income-tax Act, 1961.  Dated 20/06/1995
Circular No : 705 Date of Issue : 20.6.1995 Section(s) Referred : 80RRA Statute : Income-Tax Act Subject : Procedure regarding grant of approv... Read More

• 704 - Transactions in securities - Determination of the 'date of transfer' and holding period for purposes of Capital Gains - Instructions regarding  Dated 28/04/1995
Circular No : 704 Date of Issue : 28.4.1995 Section(s) Referred : 2(42A) , 10(23D) Statute : Income-Tax Act Subject: Transactions in securitie... Read More

• 703 - Set off of losses of firms for the assessment year 1993-94--Interpretation of new section 75 of the Income-tax Act, 1961.  Dated 18/04/1995
Circular No : 703 Date of Issue : 18.4.1995 Section(s) Referred : 75 , 71 , 72 , 73 Statute : Income-Tax Act Subject: Set off of losses of fir... Read More

• 702 - Clarification of the provisions of Section 80 DD of the Income-tax Act.  Dated 03/04/1995
Circular No : 702 Date of Issue : 3.4.1995 Section(s) Referred : 80DD Statute : Income-Tax Act Subject : Clarification of the provisions of Se... Read More

• 701 - Taxability of allowances received by persons having income under the head 'Salaries'  Dated 23/03/1995
Circular No : 701 Date of Issue : 23.3.1995 Section(s) Referred : 2(24) , 10(7) , 10(13A) , 10(14) , 10(16)(1) , 14 , 17 Statute : Income-Tax Act ... Read More

• 700 - Deduction under Section 80-O of the Income-tax Act, 1961-Clarification regarding.  Dated 23/03/1995
Circular No : 700 Date of Issue : 23.3.1995 Section(s) Referred : 80-O Statute : Income-Tax Act Subject :- Deduction under Section 80-O of the... Read More

• 699 - Requirement of deduction of income-tax at source under section 194-I of the Income-tax Act  Dated 30/01/1995
Circular No : 699 Date of Issue : 30.1.1995 Section(s) Referred : 194I Statute : Income-Tax Act Subject: Requirement of deduction of income-ta... Read More

• 698 - TAXATION LAWS (AMENDMENT) ACT, 1991  Dated 28/12/1994
FINANCE (NO. 2) ACT, 1991 - CIRCULAR NO. 621, DATED 19-12-1991, AS AMENDED BY CIRCULAR NO. 642, DATED 11-12-1992 AND CIRCULAR NO. 698, DATED 28-12-1994 Amendments at a glance Rate structure Amend... Read More

• 697 - Clarification on the use of challan forms with only three counterfoils for payment of advance tax and self assessment tax-ragarding  Dated 16/12/1994
Circular No : 697 Date of Issue : 16.12.1994 Section(s) Referred : 210 , 139 , 211 Statute : Income-Tax Act Subject : Clarification on the use... Read More

• 696 - Non-initiation of penalty and prosecution proceedings in cases of defaults under section 192 of the Income-tax Act  Dated 16/12/1994
Circular No : 696 Date of Issue : 16.12.1994 Section(s) Referred : 201 , 192 , 221 Statute : Income-Tax Act Subject: Non-initiation of penalty... Read More

• 695 - Streamlining the procedure for obtaining authorisation for payment of sums to non-residents after deduction of tax at source under section 195(1) of the Income-tax Act, 1961  Dated 29/11/1994
1308. Streamlining the procedure for obtaining authorisation for payment of sums to non-residents after deduction of tax at source, under section 195(1) 1. The Board has had occasion to examine t... Read More

• 694 - Tax holiday under sections 10A and 10B for units producing computer software in Export Processing Zones (EPZs), Software Technology Parks (STPs) or 100% Export-Oriented Units (EOUs)  Dated 23/11/1994
SECTION 10A l EXEMPTION FOR NEW INDUSTRIAL UNDERTAKINGS IN FTZ 176. Clarification regarding tax holiday under sections 10A and 10B for units producing computer software in Export Processing Zones... Read More

• 693 - Benefit of Section 80HHC for export of processed minerals-clarification regarding export of cut and polished dimensional blocks, granite or other rocks  Dated 17/11/1994
Circular No : 693 Date of Issue : 17.11.1994 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Benefit of Section 80HHC for export... Read More

• 692 - Section 193 of the Income-tax Act, 1961--Deduction of income-tax at source from interest on securities during the financial year 1994-95-Instructions regarding.  Dated 15/11/1994
Section 193 l Interest on securities Instructions for deduction of tax at source fromincome from interest on securities FINANCIAL YEAR 1994-95 Instructions for deduction of tax at source from in... Read More

• 691 - Effect of the decision of the Supreme Court in Distributors (Baroda) P. Ltd. v. Union of India (SC) and others.  Dated 05/09/1994
Circular No : 691 Date of Issue : 5.9.1994 Section(s) Referred : 80MM Statute : Income-Tax Act Subject: Effect of the decision of the Supreme ... Read More

• 690 - Instructions for deduction of tax at source from salary - Rate of tax for the financial year 1994-95  Dated 01/09/1994
Financial Year 1994-95 Instructions for deduction of tax at source from salary - Rate of tax for the financial year 1994-95 1. Reference is invited to Boards Circular No. 654, dated the 22nd Jul... Read More

• 689 - Scope of prima facie disallowances under section 143(1)(a) of the Income-tax Act, 1961 - Regarding  Dated 24/08/1994
Circular No : 689 Date of Issue : 24.8.1994 Section(s) Referred : 143 , 80D , 80DD Statute : Income-Tax Act Subject: Scope of prima facie disa... Read More

• 688 - Tax concession for repayment of loan taken for pursuing higher studies - section 80E of the Income-tax Act-studies in architecture-clarification regarding.  Dated 23/08/1994
Circular No : 688 Date of Issue : 23.8.1994 Section(s) Referred : 80E Statute : Income-Tax Act Subject : Tax concession for repayment of loan ... Read More

• 687 - Taxability of interest accrued on the Kisan Vikas Patras  Dated 19/08/1994
Circular No : 687 Date of Issue : 19.8.1994 Section(s) Referred : 56 Statute : Income-Tax Act Subject : Taxability of interest accrued on the ... Read More

• 686 - Board's Circular No. 685, dated 20-6-1994 - Non-initiation of proceedings for reopening of assessments in respect of employees  Dated 12/08/1994
Circular No : 686 Date of Issue : 12.8.1994 Section(s) Referred : 271C , 201 Statute : Income-Tax Act Subject: Board's Circular No. 685, dated... Read More

• 685 - Non-initiation of penalty and prosecution proceedings in certain cases of defaulters under Chapter XVIIB  Dated 17/06/1994
Circular No : 685 Date of Issue : 17.6.1994 Section(s) Referred : 201 , 192 , 221 , 275 , 279 Statute : Income-Tax Act Subject: Non-initiation... Read More

• 684 - FINANCE ACT, 1994  Dated 10/06/1994
FINANCE ACT, 1994 - CIRCULAR NO. 684, DATED 10-6-1994 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to Expe... Read More

• 683 - Withdrawal of Circulars No. 523 and 576 - New procedure for representation before board for Industrial and Financial Reconstruction  Dated 08/06/1994
Circular No : 683 Date of Issue : 8.6.1994 Section(s) Referred : 80 , 139(1) Statute : Income-Tax Act Subject: Withdrawal of Circulars No. 523... Read More

• 682 - Agreement for avoidance of double taxation with Mauritius-Clarification regarding.  Dated 30/03/1994
Circular No : 682 Date of Issue : 30.3.1994 Section(s) Referred : 90 Statute : Income-Tax Act Subject: Agreement for avoidance of double taxat... Read More

• 681 - Deduction of income-tax at source under section 194C of the Income-tax Act, 1961, from payments made to contractors/sub-contractors-Supreme Court judgment dated 23rd March, 1993  Dated 08/03/1994
Circular No : 681 Date of Issue : 8.3.1994 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Deduction of income-tax at source unde... Read More

• 680 - Computation of book-profits under section 115J of the Income-tax Act, 1961-Effect of clause (iii) of the Explanation under section 115J  Dated 21/02/1994
Circular No : 680 Date of Issue : 21.2.1994 Section(s) Referred : 115JA Statute : Income-Tax Act Subject : Computation of book-profits under ... Read More

• 679 - Clarification on applicability of the Expenditure-tax Act, 1987.  Dated 11/02/1994
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 679 Date of Issue: 11.02.1994 Subject: Clarification on applicability of the Expenditure-tax Act, 1987. The Board, vide Circular N... Read More

• 678 - Deduction of tax at source from salaries under section 192 of the Income-tax Act, 1961-Donations made to Chief Minister's Earthquake Relief Fund  Dated 10/02/1994
Circular No : 678 Date of Issue : 10.2.1994 Section(s) Referred : 192 , 80G Statute : Income-Tax Act Subject : Deduction of tax at source from... Read More

• 677 - Deduction of expenses on commission payable to agents of mutual funds  Dated 28/01/1994
Circular No : 677 Date of Issue : 28.1.1994 Section(s) Referred : 57 , 10(23D) Statute : Income-Tax Act Subject: Deduction of expenses on comm... Read More

• 676 - Payment of advance tax in instalments by the due dates under sections 210 and 211 of the Income-tax Act  Dated 14/01/1994
Circular No : 676 Date of Issue : 14.1.1994 Section(s) Referred : 211 , 210 Statute : Income-Tax Act Subject: Payment of advance tax in instal... Read More

• 675 - Clarification regarding scope and application of the provisions of section 80RR of the Income-tax Act, 1961.  Dated 03/01/1994
Circular No : 675 Date of Issue : 3.1.1994 Section(s) Referred : 80RR Statute : Income-Tax Act Subject: Clarification regarding scope and appl... Read More

• 674 - Scope of application of section 43B - Amount covered under the sales tax deferral schemes of the State Government-regarding -  Dated 29/12/1993
Circular No : 674 Date of Issue : 29.12.1993 Section(s) Referred : 43B Statute : Income-Tax Act Subject: Scope of application of section 43B -... Read More

• 2 - Tax treatment of deep discount bonds and STRIPS - reg  Dated 29/12/1993
Circular No : 2 Date of Issue : 15.2.2002 Section(s) Referred : 28 , 29 , 45 Statute : Income-Tax Act Subject:- Tax treatment of deep discount... Read More

• 673 - 9% Relief Bonds 1987 - Exemption under Income-tax Act / Wealth-tax Act / Gift-tax Act - Clarification regarding.  Dated 21/12/1993
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 673 Date of Issue: 21.12.1993 Subject: 9% Relief Bonds 1987 - Exemption under Income-tax Act / Wealth-tax Act / Gift-tax Act - Clar... Read More

• 672 - Deductions from Capital gains u/s. 54/54F of the Income tax Act - Clarification regarding.  Dated 16/12/1993
Circular No : 672 Date of Issue : 16.12.1993 Section(s) Referred : 54 , 54F , 80RR Statute : Income-Tax Act Subject: Deductions from Capital g... Read More

• 671 - Deposit under Tatkal Telephone Deposit Scheme - treatment thereof - section 37(1) of the Income-tax Act, 1961  Dated 27/10/1993
Circular No : 671 Date of Issue : 27.10.1993 Section(s) Referred : 37(1) Statute : Income-Tax Act Subject: Deposit under Tatkal Telephone Depo... Read More

• 670 - Order u/s 119 (2) (b) of the Income-tax Act, 1961-Condonation of delay in filing refund claim - Authorisation thereof - Regarding  Dated 26/10/1993
Circular No : 670 Date of Issue : 26.10.1993 Section(s) Referred : 237 , 119 Statute : Income-Tax Act Subject: Order u/s 119 (2) (b) of the In... Read More

• 669 - Interpretation of section 43B of the Income-tax Act, 1961 - clarification - regarding  Dated 25/10/1993
Circular No : 669 Date of Issue : 25.10.1993 Section(s) Referred : 43B , 154 Statute : Income-Tax Act Subject: Interpretation of section 43B o... Read More

• 668 - Clarification regarding date of limitation for filing appeals - Section (154)(2)(b) - Regarding  Dated 20/10/1993
Circular No : 668 Date of Issue : 20.10.1993 Section(s) Referred : 154 , 249 Statute : Income-Tax Act Subject: Clarification regarding date of... Read More

• 667 - Interpretation of Section 54 & 54F of Income-tax Act, 1961-Reg  Dated 18/10/1993
Circular No : 667 Date of Issue : 18.10.1993 Section(s) Referred : 54 , 54F Statute : Income-Tax Act Subject: Interpretation of Section 54 54F... Read More

• 666 - Section 194C of the Income-tax Act, 1961 - Deduction of tax at source from payment made to contractors and sub-contractors -Instructions regarding  Dated 08/10/1993
Circular No : 666 Date of Issue : 8.10.1993 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Section 194C of the Income-tax Act, 1... Read More

• 665 - Treatment of securities - Stock in trade or investment - Regarding  Dated 05/10/1993
Circular No : 665 Date of Issue : 5.10.1993 Section(s) Referred : 28 , 29 Statute : Income-Tax Act Subject: Treatment of securities - Stock in... Read More

• 664 - Issue of certificate for TDS under the various provisions of the Income-tax Act, 1961--Discontinuance of Form No. 16B--Regarding.  Dated 29/09/1993
Circular No : 664 Date of Issue : 29.9.1993 Section(s) Referred : 203 , 192 Statute : Income-Tax Act Subject : Issue of certificate for TDS un... Read More

• 663 - Disallowability of wealth-tax liability as a deduction for computing the net wealth under the Wealth-tax Act, 1957, consequent to amendment of section 2(m) with effect from April 1, 1993.  Dated 28/09/1993
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 663 Date of Issue: 28.09.1993 Subject: Disallowability of wealth-tax liability as a deduction for computing the net wealth under th... Read More

• 662 - Computation of income under the head " Salaries "--Reimbursement of wages of sweeper, gardener and watchman  Dated 27/09/1993
Circular No : 662 Date of Issue : 27.9.1993 Section(s) Referred : 17(2) Statute : Income-Tax Act Subject : Computation of income under the hea... Read More

• 661 - Income-tax Act, 1961 - Deduction of tax at source (i) under sections 194B and 194BB from winnings from lotteries, cross-word puzzles and horse-races,  Dated 16/09/1993
Circular No : 661 Date of Issue : 16.9.1993 Section(s) Referred : 194B , 194BB Statute : Income-Tax Act Subject: Income-tax Act, 1961 - Deduct... Read More

• 660 - Collection of Income tax at source under section 206C of the Income-tax Act, 1961 in respect of profits and gains from the business of trading in alcoholic liquor, forest produce etc  Dated 15/09/1993
Circular No : 660 Date of Issue : 15.9.1993 Section(s) Referred : 201 Statute : Income-Tax Act Subject: Collection of Income tax at source und... Read More

• 659 - Application of agreement between the Government of India and the Government of the Federal Republic of Germany for avoidance  Dated 08/09/1993
Circular No : 659 Date of Issue : 8.9.1993 Section(s) Referred : 90 Statute : Income-Tax Act Subject : Application of agreement between the Go... Read More

• 658 - Change of Expenditure Tax from World Bank Mission staff and other international organisations - Clarification regarding  Dated 02/09/1993
Circular No : 658 Date of Issue : 2.9.1993 Section(s) Referred : 10 Statute : Income-Tax Act Subject: Change of Expenditure Tax from World Ban... Read More

• 657 - FINANCE ACT, 1993  Dated 30/08/1993
FINANCE ACT, 1993 - CIRCULAR NO. 657, DATED 30-8-1993 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act ... Read More

• 655 - Instructions for deduction of tax at source from interest on securities - Rate of deduction from interest on securities during financial year 1993-94  Dated 28/08/1993
FINANCIAL YEAR 1993-94 Instructions for deduction of tax at source from interest on securities - Rate of deduction from interest on securities during financial year 1993-94 1. Reference is invit... Read More

• 656 - Instructions for deduction of tax at source from insurance commission  Dated 26/08/1993
Section 194D l Insurance Commission Circular : No. 656, Dated 26-8-1993. Instructions for deduction of tax at source from insurance commission Financial year 1993-94 Instructions for deductio... Read More

• 654 - Instructions for deduction of tax at source from salary - Rate of tax for the financial year 1993-94  Dated 22/07/1993
Financial year 1993-94 Instructions for deduction of tax at source from salary - Rate of tax for the financial year 1993-94 1. Reference is invited to Boards Circular No. 629, dated 31-7-1992 wh... Read More

• 653 - Deduction under section 80 U and 80 DD of the Income-tax Act, 1961 - Clarification regarding  Dated 15/06/1993
Circular No : 653 Date of Issue : 15.6.1993 Section(s) Referred : 80DD , 80U Statute : Income-Tax Act Subject: Deduction under section 80 U an... Read More

• 652 - Section 32 of Income-tax Act, 1961 - Rate of depreciation on motor lorries used in the business of transportation of goods - regarding  Dated 14/06/1993
Circular No : 652 Date of Issue : 14.6.1993 Section(s) Referred : 32 Statute : Income-Tax Act Subject: Section 32 of Income-tax Act, 1961 - Ra... Read More

• 651 - Inadmissibility of certain interest payments as deduction u/s 37(1) / 57 (iii) of Income-tax Act, 1961  Dated 11/06/1993
Circular No : 651 Date of Issue : 11.6.1993 Section(s) Referred : 37(1) Statute : Income-Tax Act Subject: Inadmissibility of certain interest ... Read More

• 650 - Clarification on applicability of the Expenditure-tax Act, 1987.  Dated 31/05/1993
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR 650, dated 31.05.1993 Subject: Clarification on applicability of the Expenditure-tax Act, 1987. The Board, vide Circular No. 645 (F. No... Read More

• 649 - Treatment of technical expenses when being reimbursed to head office of a non-resident enterprise by its branch office in India  Dated 31/03/1993
Circular No : 649 Date of Issue : 31.3.1993 Section(s) Referred : 44D Statute : Income-Tax Act Subject: Treatment of technical expenses when b... Read More

• 648 - Commision earned by insurance agents of Life Insurance Corporation - Allowance of expenditure  Dated 30/03/1993
Circular No : 648 Date of Issue : 30.3.1993 Section(s) Referred : 57 Statute : Income-Tax Act Subject: Commision earned by insurance agents of... Read More

• 647 - Commercial papers (CPs) and certificates of deposits (CDs) - applicability of provisions of section 194A of Income Tax Act 1961 - Clarification - reg.  Dated 22/03/1993
Circular No : 647 Date of Issue : 22.3.1993 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Commercial papers (CPs) and certifica... Read More

• 646 - Requirement of obtaining report of a registered valuer for value of jewellery exceeding Rs.5 lakhs - Rule 18 of Schedule III to the Wealth-tax Act.  Dated 15/03/1993
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 646 Date of Issue: 15.03.1993 Subject: Requirement of obtaining report of a registered valuer for value of jewellery exceeding Rs.5... Read More

• 645 - Clarification on applicability of the Expenditure-tax, 1987  Dated 15/03/1993
CIRCULAR. NO. 645, DATED 15.3.1993 Subject : Clarification on applicability of the Expenditure-tax, 1987 Provisions of the Expenditure tax Act apply in relation to any chargeable expenditure inc... Read More

• 644 - Expenditure on food or Beverages provided to the employees by an employer - section 37(2) of the IT Act, 1961 - Clarification  Dated 15/03/1993
Circular No : 644 Date of Issue : 15.3.1993 Section(s) Referred : 37(2) Statute : Income-Tax Act Subject: Expenditure on food or Beverages pro... Read More

• F. No. 328/109/92 - WT - Clarification on applicability of the Expenditure tax, 1987  Dated 15/03/1993
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCUALR Date of Issue: 15.03.1993 Subject: Clarification on applicability of the Expenditure tax, 1987 Provisions of the Expenditure-tax Act... Read More

• 643 - Deduction of tax at source from interest on cumulative deposits/debentures/bonds - Clarification regarding  Dated 22/01/1993
Circular No : 643 Date of Issue : 22.1.1993 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Deduction of tax at source from inter... Read More

• 642 - FINANCE (NO. 2) ACT, 1991  Dated 11/12/1992
FINANCE (NO. 2) ACT, 1991 - CIRCULAR NO. 621, DATED 19-12-1991, AS AMENDED BY CIRCULAR NO. 642, DATED 11-12-1992 AND CIRCULAR NO. 698, DATED 28-12-1994 Amendments at a glance Rate structure Amend... Read More

• 641 - Certain clarifications regarding the new simplified procedure for small businessmen  Dated 09/12/1992
Circular No : 641 Date of Issue : 9.12.1992 Section(s) Referred : 115K Statute : Income-Tax Act Subject: Certain clarifications regarding the ... Read More

• 640 - Guidelines for the purposes of Section 10(10c) of the Income Tax Act - Clarification of queries - regarding  Dated 26/11/1992
Circular No : 640 Date of Issue : 26.11.1992 Section(s) Referred : 10(10C) Statute : Income-Tax Act Subject: Guidelines for the purposes of Se... Read More

• 639 - Clarification regarding furnishing of returns under direct tax laws - Closed holiday - regarding  Dated 13/11/1992
Circular No : 639 Date of Issue : 13.11.1992 Section(s) Referred : 139 , 192 Statute : Income-Tax Act Subject: Clarification regarding furnish... Read More

• 638 - Amendment of the provisions relating to rate of tax on royalties and fees for technical services under the D.T.A.A. with Canada.  Dated 28/10/1992
Circular No : 638 Date of Issue : 28.10.1992 Section(s) Referred : 90 Statute : Income-Tax Act Subject : Amendment of the provisions relating ... Read More

• 637 - Expenditure-tax - Whether World Bank Mission Staff are exempt - Clarification regarding  Dated 02/09/1992
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 637 Date of Issue: 2.9.1992 Subject : Expenditure-tax - Whether World Bank Mission Staff are exempt - Clarification regarding Unde... Read More

• 636 - FINANCE ACT, 1992  Dated 31/08/1992
FINANCE ACT, 1992 - CIRCULAR NO. 636, DATED 31-8-1992 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Interest-tax Act Amendments to ... Read More

• 635 - Clarification in respect of valuation of gifts of shares/debentures on or after 1-4-1992 under the Gift-tax Act, 1958, in view of the omission of Part C of Schedule III to the Wealth-tax Act, 1957.  Dated 20/08/1992
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 635 Date of Issue: 20.8.1992 Subject: Clarification in respect of valuation of gifts of shares/debentures on or after 1-4-1992 under... Read More

• 634 - Instructions regarding deduction of tax at source on profits and gains from the business of trading in alcoholic liquor, forest produce, etc.  Dated 20/08/1992
Section 206C l Profits And Gains From Business of Trading In Alcoholic liquor, Forest Produce, etc. 1350. Instructions regarding deduction of tax at source on profits and gains from the business... Read More

• 633 - Section 194D of the Income-tax Act, 1961-Deduction of tax at source from insurance commission during the financial year 1992-93  Dated 20/08/1992
Circular No : 633 Date of Issue : 20.8.1992 Section(s) Referred : 194D Statute : Income-Tax Act Subject: Section 194D of the Income-tax Act, 1... Read More

• 632 - Section 194C of the Income-tax Act, 1961-Deduction of tax at source from payment made to contractors and sub-contractors-Instructions regarding  Dated 20/08/1992
Circular No : 632 Date of Issue : 20.8.1992 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Section 194C of the Income-tax Act, 1... Read More

• 631 - Deduction of tax at source under sections 194B, 194BB and 194G of the Income-tax Act, 1961, from winnings from lottery, crossword puzzles, horse-races or from commission, etc.,  Dated 20/08/1992
Financial Year 1992-93 Instructions for deduction of tax at source from winnings from lotteries or crossword puzzles, horse races or from commission, etc. - Rates of tax applicable during financi... Read More

• 630 - Section 193 of the Income-tax Act, 1961-Deduction of income-tax at source from interest on securities during the financial year 1992-93  Dated 11/08/1992
FINANCIAL YEAR 1992-93 Instructions for deduction of tax at source from interest on securities - Rate of deduction from interest on securities during financial year 1992-93 1. Reference is invit... Read More

• 629 - Income tax deduction from salaries during the financial year 1992-93 under Section 192 of the Income tax Act, 1961  Dated 31/07/1992
FINANCIAL YEAR 1992-93 Instructions for deduction of tax at source from salary - Rate of tax for the financial year 1992-93 1. Reference is invited to Boards Circular No. 612, dated 13-11-1991 w... Read More

• 62 - Register of Demand and Collections of Advance Payment of Tax - Modification of - Instructions regarding -  Dated 08/04/1992
DOMS Circulars DOMSCIRCULAR : 62 Date of Issue: 8.4.1992 Subject: Register of Demand and Collections of Advance Payment of Tax - Modification of - Instructions regarding - F. No. 10/1/91--AP... Read More

• 61 - Control Register for Advance Payment of Tax -Guidelines regarding  Dated 08/04/1992
DOMS CIRCULAR NO..61, dated 8-4-1992 F. No. 10/1/91-AP-DOMS DIRECTORATE OF OM SERVICES (INCOME-TAX) NEW DELHI Dated: 8.4.1992 To All Chief Commissioners of Income-tax, All Directors... Read More

• 628 - Audit of accounts under section 44AB of the Income-tax Act, 1961 - Penalty under section 271B for assessment year 1985-86 - Regarding  Dated 06/03/1992
Circular No : 628 Date of Issue : 6.3.1992 Section(s) Referred : 44AB , 271B Statute : Income-Tax Act Subject: Audit of accounts under section... Read More

• 627 - Clarification in respect of section 5(1)(xxa) of the Wealth-tax Act, 1957, in view of the omission of Ninth Schedule to the Income-tax Act, 1961.  Dated 27/02/1992
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 627 Date of Issue: 27.2.1992 Subject : Clarification in respect of section 5(1)(xxa) of the Wealth-tax Act, 1957, in view of the om... Read More

• 626 - Deduction of income-tax at source from interest other than "Interest on securities"-Section 194A of the Income-tax Act, 1961-Deduction from interest on time deposits with banks-Clarification regarding  Dated 12/02/1992
Circular No : 626 Date of Issue : 12.2.1992 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Deduction of income-tax at source fro... Read More

• 625 - Issue of certificates of tax deducted at source under the provisions of the Income-tax Act, 1961-Replacement of the unified Form No. 16 with new Forms Nos. 16, 16A and 16B-Acceptance of TDS  Dated 12/02/1992
Circular No : 625 Date of Issue : 12.2.1992 Section(s) Referred : 203 Statute : Income-Tax Act Subject: Issue of certificates of tax deducted ... Read More

• 624 - Reopening of assessments on account of retrospective amendment made in Section 80HHC in respect of counter sale to foreign tourists in shops and emporia etc. located in India  Dated 23/01/1992
Circular No : 624 Date of Issue : 23.1.1992 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Reopening of assessments on account ... Read More

• 623 - Commutation of pension received by Judges of the Supreme Court and High Courts  Dated 06/01/1992
Circular No : 623 Date of Issue : 6.1.1992 Section(s) Referred : 10(10A) Statute : Income-Tax Act Subject : Commutation of pension received by... Read More

• 622 - Allowance of depreciation on motor vehicles owned and used by tour operators and travel agents in the business of running these vehicles on hire for tourists  Dated 06/01/1992
Circular No : 622 Date of Issue : 06.01.1992 Section(s) Referred : 32(1)(ii) Statute : Income-Tax Act Subject : Allowance of depreciation on m... Read More

• 621 - Finance (No. 2) Act, 1991?Explanatory Notes on the provisions relating to direct taxes.  Dated 19/12/1991
CIRCULAR NO. 621, Dated 19-12-91 Finance (No. 2) Act, 1991Explanatory Notes on the provisions relating to direct taxes. INTRODUCTION The Finance (No. 2) Act, 1991 as passed by the Parliament, rec... Read More

• 620 - Collection of income-tax at source under section 206C of the Income-tax Act, in respect of profits and gains from the business of trading in alcoholic liquor, forest produce, etc.  Dated 06/12/1991
Circular No : 620 Date of Issue : 6.12.1991 Section(s) Referred : 206C , 44AC Statute : Income-Tax Act Subject: Collection of income-tax at so... Read More

• 619 - Section 194H of the Income-tax Act-Deduction of tax at source from payments made by way of commission (other than insurance commission) or brokerage  Dated 04/12/1991
Circular No : 619 Date of Issue : 4.12.1991 Section(s) Referred : 194H Statute : Income-Tax Act Subject: Section 194H of the Income-tax Act-De... Read More

• 618 - Deduction of tax at source from withdrawals of deposits made in the National Savings Scheme-Section 194EE of the Income-tax Act, 1961  Dated 22/11/1991
Circular No : 618 Date of Issue : 22.11.1991 Section(s) Referred : 194EE Statute : Income-Tax Act Subject: Deduction of tax at source from wit... Read More

• 617 - Deduction of income-tax at source from interest other than "Interest on securities"-Section 194A of the Income-tax Act, 1961-Extension of applicability  Dated 22/11/1991
Circular No : 617 Date of Issue : 22.11.1991 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Deduction of income-tax at source fr... Read More

• 616 - Deduction of tax at source under sections 194B, 194BB and 194G of the Income-tax Act, 1961-Deduction from winnings from lottery, crossword puzzles, horse-races  Dated 22/11/1991
Circular No : 616 Date of Issue : 22.11.1991 Section(s) Referred : 194B , 194BB Statute : Income-Tax Act Subject: Deduction of tax at source u... Read More

• 615 - Section 193 of the Income-tax Act, 1961 - Deduction of income-tax at source from interest on securities during the financial year 1991-92 - Instructions regarding.  Dated 22/11/1991
Circular No : 615 Date of Issue : 22.11.1991 Section(s) Referred : 193 Statute : Income-Tax Act Subject: Section 193 of the Income-tax Act, 19... Read More

• 614 - Section 194D of the Income-tax Act, 1961 - Deduction of tax at source from insurance commission, etc. during the financial year 1991 -92  Dated 14/11/1991
Circular No : 614 Date of Issue : 14.11.1991 Section(s) Referred : 194D Statute : Income-Tax Act Subject: Section 194D of the Income-tax Act, ... Read More

• 613 - Section 194C of the Income-tax Act, 1961-Deduction of tax at source from payments made to contractors and sub-contractors-Instructions--Regarding  Dated 14/11/1991
Circular No : 613 Date of Issue : 14.11.1991 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Section 194C of the Income-tax Act, ... Read More

• 612 - Income-tax deduction from salaries during the financial year 1991-92 under section 192 of the Income-tax Act 1961.  Dated 13/11/1991
Circular No : 612 Date of Issue : 13.11.1991 Section(s) Referred : 192 , 71 , 74 , 80CCA , 80D , 80DD , 80G , 80GG , 80HHC , 80HHD , 80RRA , 80U , 88 Sta... Read More

• 611 - The Remittances in Foreign Exchange (Immunities) Scheme, 1991, and India Development Bonds Scheme, 1991,  Dated 30/09/1991
Circular No : 611 Date of Issue : 30.9.1991 Section(s) Referred : Miscellaneous Statute : Income-Tax Act Subject: The Remittances in Foreign E... Read More

• 610 - Treatment of securities - Stock-in-trade or investment  Dated 31/07/1991
Circular No : 610 Date of Issue : 31.7.1991 Section(s) Referred : 29 , 28 Statute : Income-Tax Act Subject: Treatment of securities - Stock-in... Read More

• 609 - Allowance of depreciation on motor vehicles owned and used by tour operators and travel agents in the business of running these vehicles on hire for tourists  Dated 29/07/1991
Circular No : 609 Date of Issue : 29.7.1991 Section(s) Referred : 32 Statute : Income-Tax Act Subject: Allowance of depreciation on motor vehi... Read More

• 608 - Valuation of agricultural land under the Wealth-tax Act, 1957, in respect of plantations--Extending the scope of Circular No. 357, dated 26th March, 1983, regarding valuation of coffee plantation.  Dated 25/07/1991
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 608 Date of Issue: 25.07.1991 Subject: Valuation of agricultural land under the Wealth-tax Act, 1957, in respect of plantations--Ex... Read More

• 607 - Issue of certificates of tax deducted at source under the provisions of the Income-tax Act, 1961--Replacement of the unified Form No. 16 with new Forms Nos. 16, 16A and 16B  Dated 04/07/1991
Circular No : 607 Date of Issue : 4.7.1991 Section(s) Referred : 203 , 194A , 194B , 194BB , 194C , 194E , 195 , 196A Statute : Income-Tax Act ... Read More

• 606 - Filing of income-tax returns for the assessment year 1991-92-Computation of surcharge on the amount of income-tax-Regarding  Dated 20/06/1991
Circular No : 606 Date of Issue : 20.6.1991 Section(s) Referred : 89 Statute : Income-Tax Act Subject: Filing of income-tax returns for the as... Read More

• 605 - Issue of certificates of tax deducted at source under the various provisions of the Income-tax Act, 1961-Replacement of the unified Form No. 16 with new Forms Nos. 16, l6A and 16B  Dated 12/06/1991
Circular No : 605 Date of Issue : 12.6.1991 Section(s) Referred : 203 Statute : Income-Tax Act Subject: Issue of certificates of tax deducted ... Read More

• 604 - Tax problems of non-resident Indians repatriated from Kuwait  Dated 11/06/1991
Circular No : 604 Date of Issue : 11.6.1991 Section(s) Referred : 10(4) Statute : Income-Tax Act Subject: Tax problems of non-resident Indians... Read More

• 603 - Section 17 of the Income-tax Act, 1961 - Valuation of perquisites in the form of reimbursement of medical expenses/provision of medical facilities by an employer  Dated 06/06/1991
Circular No : 603 Date of Issue : 6.6.1991 Section(s) Referred : 17 Statute : Income-Tax Act Subject: Section 17 of the Income-tax Act, 1961 -... Read More

• 602 - Order under section 9(2)(a) of the Gift-tax Act, 1958 - Extension of due date for filing the return of gifts for the assessment year 1990-91 in certain cases.  Dated 05/06/1991
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 602 Date of Issue: 05.06.1991 Subject : Order under section 9(2)(a) of the Gift-tax Act, 1958 - Extension of due date for filing th... Read More

• 601 - Prima facie adjustments under section 143(1)(a) in respect of disallowance under section 43B of the Income-tax Act, 1961  Dated 04/06/1991
Circular No : 601 Date of Issue : 4.6.1991. Section(s) Referred : 143 Statute : Income-Tax Act Subject: Prima facie adjustments under section ... Read More

• 600 - Deduction under section 80 HHC of the Income-tax Act, 1961 in the case of tax payers engaged in the business of growing and manufacturing tea.  Dated 23/05/1991
Circular No : 600 Date of Issue : 23.5.1991 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Deduction under section 80 HHC of th... Read More

• 599 - Treatment of securities-Stock-in-trade or investment  Dated 24/04/1991
Circular No : 599 Date of Issue : 24.4.1991 Section(s) Referred : 28 , 29 Statute : Income-Tax Act Subject: Treatment of securities-Stock-in-t... Read More

• 598 - Clarification on the Explanatory Notes on the provisions of the Taxation Laws (Amendment) Act, 1991  Dated 03/04/1991
Circular No : 598 Date of Issue : 3.4.1991 Section(s) Referred : 172 Statute : Income-Tax Act Subject : Clarification on the Explanatory Notes... Read More

• 597 - Issue of certificates for tax deducted at source under various provisions of the Income-tax Act, 1961-Replacement of Form No. 16 with new Form Nos. 16  Dated 27/03/1991
Circular No : 597 Date of Issue : 27.3.1991 Section(s) Referred : 203 Statute : Income-Tax Act Subject: (1) Issue of certificates for tax dedu... Read More

• 596 - Applicability of section 13(1)(d) of the Income-tax Act, 1961, for assessment year 1983-84-Clarification regarding  Dated 15/03/1991
Circular No : 596 Date of Issue : 15.3.1991 Section(s) Referred : 13 , 11(5) Statute : Income-Tax Act Subject: Applicability of section 13(1)(... Read More

• 595 - Winding up of superannuation fund--Rule 3(a) of Part B of the Fourth Schedule to the Income-tax Act, 1961, and rules 93 and 94 of the Income-tax Rules, 1962--Clarification regarding  Dated 05/03/1991
Circular No : 595 Date of Issue : 5.3.1991 Section(s) Referred : Sch. IV Statute : Income-Tax Act Subject : Winding up of superannuation fund-... Read More

• 594 - Deduction for expenses on commission payable to agents appointed under the Standardised Agency System for Government securities and the agents of Post Office Time Deposits and Unit Trust of India  Dated 27/02/1991
Circular No : 594 Date of Issue : 27.2.1991 Section(s) Referred : 57 Statute : Income-Tax Act Subject: Deduction for expenses on commission pa... Read More

• 593 - TAXATION LAWS (AMENDMENT) ACT, 1991  Dated 05/02/1991
TAXATION LAWS (AMENDMENT) ACT, 1991 - CIRCULAR NO. 591, DATED 30-1-1991 AND CIRCULAR NO. 593, DATED 5-2-1991 Amendments at a glance Provisions explained ... Read More

• 592 - Exemption of interest on Non-resident (External) Accounts in the case of joint account holders under section 10(4)(ii) of the Income-tax Act, 1961-Clarification regarding  Dated 04/02/1991
Circular No : 592 Date of Issue : 4.2.1991 Section(s) Referred : 10(4) Statute : Income-Tax Act Subject: Exemption of interest on Non-resident... Read More

• 591 - TAXATION LAWS (AMENDMENT) ACT, 1991  Dated 30/01/1991
TAXATION LAWS (AMENDMENT) ACT, 1991 - CIRCULAR NO. 591, DATED 30-1-1991 AND CIRCULAR NO. 593, DATED 5-2-1991 Amendments at a glance Provisions explained ... Read More

• 590 - Tax problems of non-resident Indians repatriated from Kuwait  Dated 30/01/1991
Circular No : 590 Date of Issue : 30.1.1991 Section(s) Referred : Miscellaneous Statute : Income-Tax Act Subject: Tax problems of non-resident... Read More

• 589 - Exercise of discretion under section 220(6) of the Income-tax Act, 1961  Dated 16/01/1991
Circular No : 589 Date of Issue : 16.1.1991 Section(s) Referred : 220 Statute : Income-Tax Act Subject: Exercise of discretion under section 2... Read More

• 2 - Finance Lease Agreements - Effect of publication of Accounting Standards on allowability of depreciation - regarding  Dated 06/01/1991
Circular No : 2 Date of Issue : 9.2.2001 Section(s) Referred : 32 Statute : Income-Tax Act Subject: Finance Lease Agreements - Effect of publi... Read More

• 588 - Deduction of tax at source from payments in respect of systems software-Announcement by Finance Minister in Lok Sabha on 7-9-1990  Dated 02/01/1991
Circular No : 588 Date of Issue : 2.1.1991 Section(s) Referred : 195 Statute : Income-Tax Act Subject: Deduction of tax at source from payment... Read More

• 587 - Provisions regarding set-off, or carry-forward and set-off of losses in the Income-tax Act, 1961 - Clarification regarding the order in which to be given effect  Dated 11/12/1990
Circular No : 587 Date of Issue : 11.12.1990 Section(s) Referred : 72A , 71 , 72 , 74 Statute : Income-Tax Act Subject: Provisions regarding s... Read More

• 586 - Members of the crew of foreign going Indian ship - liability to income-tax in India and deduction of tax at source - Clarification regarding  Dated 28/11/1990
Circular No : 586 Date of Issue : 28.11.1990 Section(s) Referred : 192 , 2(25A) Statute : Income-Tax Act Subject : Members of the crew of fore... Read More

• 585 - Collection of income-tax at source under section 206C of the Income-tax Act, 1961 in respect of profits and gains from the business of trading in alcoholic liquor, forests produce etc., - regarding  Dated 27/11/1990
Circular No : 585 Date of Issue : 27.11.1990 Section(s) Referred : 44AC , 206C Statute : Income-Tax Act Subject: Collection of income-tax at s... Read More

• 584 - Assessment of trusts, funds, association and institutions claiming exemption under clauses (21), (22), (22A), (23), (23A) and (23C) of section 10, section 11 and section 12 of the Income-tax Act  Dated 13/11/1990
Circular No : 584 Date of Issue : 13.11.1990 Section(s) Referred : 10(21) Statute : Income-Tax Act Subject: Assessment of trusts, funds, assoc... Read More

• 583 - Issue of the Finance (Second Amendment) Ordinance, 1990, regarding increase in the levy of surcharge for companies Circular--Regarding  Dated 23/10/1990
Circular No : 583 Date of Issue : 23.10.1990 Section(s) Referred : Miscellaneous Statute : Income-Tax Act Subject: Issue of the Finance (Secon... Read More

• 582 - Audit of accounts under section 44AB of the Income tax Act, 1961 - penalty under section 271B for the assessment year 1985-86 - regarding  Dated 23/10/1990
Circular No : 582 Date of Issue : 23.10.1990 Section(s) Referred : 44AB Statute : Income-Tax Act Subject: Audit of accounts under section 44AB... Read More

• 581 - Prima facie adjustments made under section 143(1)(a) - Scope of section 154 - Clarification regarding  Dated 28/09/1990
Circular No : 581 Date of Issue : 28.9.1990 Section(s) Referred : 154 , 43B Statute : Income-Tax Act Subject: Prima facie adjustments made und... Read More

• 580 - Exemption under section 10(23C)(iv)(v) of the Income-tax Act, 1961 - Clarification - regarding  Dated 14/09/1990
Circular No : 580 Date of Issue : 14.9.1990 Section(s) Referred : 10(23C) Statute : Income-Tax Act Subject: Exemption under section 10(23C)(iv... Read More

• 579 - Deduction of tax at source-Section 193 read with section 197(1)/(2) of the Income-tax Act, 1961-Interest on Government securities  Dated 14/09/1990
Circular No : 579 Date of Issue : 14.9.1990 Section(s) Referred : 193 Statute : Income-Tax Act Subject: Deduction of tax at source-Section 193... Read More

• 578 - Allowablity of expenditure incurred by Sugar factories incase development programmes - Effect of withdrawal of agricultural development allowance under section 35C of the Income-tax Act, 1961  Dated 12/09/1990
Circular No : 578 Date of Issue : 12.9.1990 Section(s) Referred : 35CC , 37(1) Statute : Income-Tax Act Subject: Allowablity of expenditure in... Read More

• 577 - Provisions of sections 164 and 167B of the Income-tax Act, 1961-Clarification regarding  Dated 04/09/1990
Circular No : 577 Date of Issue : 4.9.1990 Section(s) Referred : 167B Statute : Income-Tax Act Subject: Provisions of sections 164 and 167B of... Read More

• 576 - Effect of the order passed by Board for Industrial and Financial Reconstruction under scheme for rehabilitation of sick units   Dated 31/08/1990
BIFR Instruction List CIRCULAR : 576 Date of Issue: 31.8.1990 ANNEX I 1. Attention is invited to Circular No. 523, dated 5th October, 1988 wherein it was pointed out that if the Board for In... Read More

• 574 - Relief under section 80C of the Income-tax Act, 1961.  Dated 22/08/1990
Circular No : 574 Date of Issue : 22.8.1990 Section(s) Referred : 80C Statute : Income-Tax Act Subject: Relief under section 80C of the Income... Read More

• 573 - Taxability of lump sum payment made gratuitously or by way of compensation or otherwise to widow/other legal heirs of an employee  Dated 21/08/1990
Circular No : 573 Date of Issue : 21.8.1990 Section(s) Referred : 4 Statute : Income-Tax Act Subject: Taxability of lump sum payment made grat... Read More

• 572 - FINANCE ACT, 1990  Dated 03/08/1990
FINANCE ACT, 1990 - CIRCULAR NO. 572, DATED 3-8-1990 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act ... Read More

• 571 - Deduction under section 80HHC of the Income-tax Act, 1961 as amended by the Finance Act, 1990 - clarification reg.  Dated 01/08/1990
Circular No : 571 Date of Issue : 1.8.1990 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Deduction under section 80HHC of the ... Read More

• 570 - Deduction of income-tax at source under section 194D of the Income-tax Act, 1961 - Deduction from insurance commission, etc.  Dated 27/07/1990
Circular No : 570 Date of Issue : 27.7.1990 Section(s) Referred : 194D Statute : Income-Tax Act Subject: Deduction of income-tax at source und... Read More

• 569 - Deduction of tax at source under sections 194B and 194BB of the Income- tax Act, 1961-Deduction from winning from lottery or crossword puzzles or horse-races  Dated 27/07/1990
Circular No : 569 Date of Issue : 27.7.1990 Section(s) Referred : 194B Statute : Income-Tax Act Subject: Deduction of tax at source under sect... Read More

• 568 - Deduction of tax at source-Income-tax deduction from salaries during the financial year 1990-91 under section 192 of the Income-tax Act, 1961  Dated 27/07/1990
Circular No : 568 Date of Issue : 27.7.1990 Section(s) Referred : 192 Statute : Income-Tax Act Subject: Deduction of tax at source-Income-tax ... Read More

• 567 - Section 80L of the Income-tax Act, 1961 - Admissibility of deduction in respect of income from units of the Unit Trust of India.  Dated 19/07/1990
Circular No : 567 Date of Issue : 19.7.1990 Section(s) Referred : 80L Statute : Income-Tax Act Subject: Section 80L of the Income-tax Act, 196... Read More

• 566 - Mode of investment as specified in sub- section(5) of section 11 of the Income-tax Act - Investment in 'Kisan Vikas Patra' and 'Indira Vikas Patra' - Clarification regarding  Dated 17/07/1990
Circular No : 566 Date of Issue : 17.7.1990 Section(s) Referred : 11 Statute : Income-Tax Act Subject: Mode of investment as specified in sub-... Read More

• 565 - Collection of income-tax at source under section 206C of the Income-tax Act in respect of profits and gains from the business  Dated 11/07/1990
Circular No : 565 Date of Issue : 11.7.1990 Section(s) Referred : 206C Statute : Income-Tax Act Subject: Collection of income-tax at source u... Read More

• 564 - Deduction under section 80HHC of the Income Tax Act, 1961 clarifications regarding.  Dated 05/07/1990
Circular No : 564 Date of Issue : 5.7.1990 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Deduction under section 80HHC of the ... Read More

• 563 - Consideration for the execution of foreign projects payable in non convertible rupees from bilateral account c  Dated 23/05/1990
Circular No : 563 Date of Issue : 23.5.1990 Section(s) Referred : 80HHB Statute : Income-Tax Act Subject: Consideration for the execution of f... Read More

• 562 - Receipts of sale proceeds in rupees in respect of protocol exports- Whether eligible for deduction under section 80HHC of the Income-tax Act, 1961.  Dated 23/05/1990
Circular No : 562 Date of Issue : 23.5.1990 Section(s) Referred : 80HHC Statute : Income-Tax Act Subject: Receipts of sale proceeds in rupees ... Read More

• 561 - Tax Audit u/s. 44AB of the Income -Tax Act, 1961 in case of companies have accounting year other than financial year - regarding  Dated 22/05/1990
Circular No : 561 Date of Issue : 22.5.1990 Section(s) Referred : 44AB Statute : Income-Tax Act Subject: Tax Audit u/s. 44AB of the Income -Ta... Read More

• 560 - Tax exemption on the sale of capital assets converted into stock-in-trade - Clarification regarding section 45(2) read with Section 54E of the Income tax Act, 1961  Dated 18/05/1990
Circular No : 560 Date of Issue : 18.5.1990 Section(s) Referred : 54E Statute : Income-Tax Act Subject: Tax exemption on the sale of capital a... Read More

• 40 - Development Rebate allowed in respect of assets sold to the Government?Clarification regarding.  Dated 11/05/1990
Development Rebate allowed in respect of assets sold to the GovernmentClarification regarding. Circular No. 40-Letter F. No. 10/59/69-IT(AII), dated 11-5-1970 from CBDTCBDT Bulletin XVI/II/40, pa... Read More

• 559 - DIRECT TAX LAW (AMENDMENT) ACT, 1989  Dated 04/05/1990
DIRECT TAX LAW (AMENDMENT) ACT, 1989 - CIRCULAR NO. 559, DATED 4-5-1990 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act ... Read More

• 558 - Applicability of the provisions of section 194C of the Income-tax Act, 1961 - Deduction of tax at source from the hire charges paid to the bus owners for the hire of buses  Dated 28/03/1990
Circular No : 558 Date of Issue : 28.3.1990 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Applicability of the provisions of se... Read More

• 557 - Form Nos. 55 and 56 for grant of exemption u/s 10(23) and 10(23C)(vi)& (v) of the Income-tax Act, 1961 - Clarifications regarding  Dated 19/03/1990
Circular No : 557 Date of Issue : 19.3.1990 Section(s) Referred : 10(23) Statute : Income-Tax Act Subject : Form Nos. 55 and 56 for grant of e... Read More

• 556 - Applicability of section 269T of the Income-tax Act, 1961, to amounts kept by agriculturists out of sale proceeds with commission agents-Clarification - regarding  Dated 23/02/1990
Circular No : 556 Date of Issue : 23.2.1990 Section(s) Referred : 269T Statute : Income-Tax Act Subject: Applicability of section 269T of the ... Read More

• 555 - Issue of certificates for tax deducted at source under the various provisions of the Income-tax Act, 1961-Introduction of unified Form No. 16, effective from 1st April  Dated 22/02/1990
Circular No : 555 Date of Issue : 22.2.1990 Section(s) Referred : 203 Statute : Income-Tax Act Subject: Issue of certificates for tax deducted... Read More

• 554 - DIRECT TAX LAWS (SECOND AMENDMENT) ACT, 1989  Dated 13/02/1990
DIRECT TAX LAWS (SECOND AMENDMENT) ACT, 1989 - CIRCULAR NO. 554, DATED 13-2-1990 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act ... Read More

• 553 - Application of the Agreement between India and Belgium dated 7th February, 1974, as modified by the Supplementary Protocol of 20th October, 1984-Procedure regarding.  Dated 13/02/1990
Circular No : 553 Date of Issue : 13.2.1990 Section(s) Referred : 90 Statute : Income-Tax Act Application of the Agreement between India and ... Read More

• 552 - Approval of the Central Government for turn key power project for the purposes of section 44BBB of the Income-tax Act, 1961  Dated 09/02/1990
Circular No : 552 Date of Issue : 9.2.1990 Section(s) Referred : 44C , 44BBB Statute : Income-Tax Act Subject: Approval of the Central Governm... Read More

• 551 - DIRECT TAX (AMENDMENT) ACT, 1987 [AS AMENDED BY DIRECT TAX LAWS (AMENDMENT) ACT, 1989  Dated 23/01/1990
DIRECT TAX (AMENDMENT) ACT, 1987 [AS AMENDED BY DIRECT TAX LAWS (AMENDMENT) ACT, 1989] - CIRCULAR NO. 516, DATED 15-6-1988 CIRCULAR NO. 545, DATED 24-9-1989 CIRCULAR NO. 549, DATED 31-10-1989 A... Read More

• 550 - FINANCE ACT, 1989  Dated 01/01/1990
FINANCE ACT, 1989 - CIRCULAR NO. 550, DATED 1-1-1990 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Expenditure-tax Act ... Read More

• 60 - Use of abbreviations in designation ? Deputy/Assistant  Dated 29/12/1989
F. No. 48/11/89-OD/DOMS INSTRUCTION NO. 60, dated 29-12-1989 Dated: 29.12.89 To All the Chief Commissioners of Income-tax/Directors Generals Of Income-tax/Commissioners of Income-tax/Dire... Read More

• 549 - DIRECT TAX (AMENDMENT) ACT, 1987  Dated 31/10/1989
DIRECT TAX (AMENDMENT) ACT, 1987 [AS AMENDED BY DIRECT TAX LAWS (AMENDMENT) ACT, 1989] - CIRCULAR NO. 516, DATED 15-6-1988 CIRCULAR NO. 545, DATED 24-9-1989 CIRCULAR NO. 549, DATED 31-10-1989 A... Read More

• 548 - Explanation to rule 11 of Schedule III to the Wealth-tax Act -Balance-sheet drawn up as on the relevant valuation date but not available to the shareholders  Dated 27/10/1989
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 548 Date of Issue: 27. 10.1989 Subject: Explanation to rule 11 of Schedule III to the Wealth-tax Act -Balance-sheet drawn up as on ... Read More

• 547 - Wealth-tax assessment in respect of properties left in erstwhile East Pakistan after Indo-Pak conflict of 1965.  Dated 18/10/1989
Miscellaneous (WT, Ex. T. GT.) Chapter (IX-XIIF) CIRCULAR : 547 Date of Issue: 18.10.1989 Subject : Wealth-tax assessment in respect of properties left in erstwhile East Pakistan after Indo-P... Read More

• 59 - New Assessment Procedure --- Processing of returns problems arising in the preparation of software --- where "Transitional Previous Year" is of more than 12 months for A. Y. 1989-90 ---  Dated 17/10/1989
F.No.48/22/89-AP/DOMS INSTRUCTION NO. 59, dated 17-10-1989 Directorate of OM Services (Income-tax), NEW DELHI Dated 17th Oct., 1989. To All Chief Commissioners of Income-tax All Comm... Read More

• 546 - Tax Clearance certificate in the case of a foreign employee not domiciled in India-Simplification of procedure-Regarding.  Dated 04/10/1989
1396. Simplification of procedure regarding tax clearance certificate in case of a foreign employee not domiciled in India 1. Under the provisions of section 230 of the Income-tax Act, 1961 it ha... Read More

• D.O.No.142/30/89-TPL - New assessment procedure --- processing of returns ---- problems arising in the preparation of software "Transitional Previous Year" of more than 12 months.  Dated 03/10/1989
DOMS Circulars Date of Issue: 3.10.1989 Subject : New assessment procedure --- processing of returns ---- problems arising in the preparation of software Transitional Previous Year of more tha... Read More

• 545 - DIRECT TAX (AMENDMENT) ACT, 1987 [AS AMENDED BY DIRECT TAX LAWS (AMENDMENT) ACT, 1989  Dated 24/09/1989
DIRECT TAX (AMENDMENT) ACT, 1987 [AS AMENDED BY DIRECT TAX LAWS (AMENDMENT) ACT, 1989] - CIRCULAR NO. 516, DATED 15-6-1988 CIRCULAR NO. 545, DATED 24-9-1989 CIRCULAR NO. 549, DATED 31-10-1989 A... Read More

• 545 - EXPLANATORY NOTES ON THE PREVISIONS OF THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987  Dated 21/09/1989
Circular No. 545, Dated 21.9.1989 EXPLANATORY NOTES ON THE PREVISIONS OF THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987 [AS AMENDED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1989] - PART I - PROVISIONS ... Read More

• 544 - Subsidy granted by the State Government to producers for production of feature films in regional languages  Dated 15/09/1989
Circular No : 544 Date of Issue : 15.9.1989 Section(s) Referred : 195(2)(a) Statute : Income-Tax Act Subject: Subsidy granted by the State Gov... Read More

• 575 - Convertible foreign exchange" in sections 80HHB, 80HHC and 80-O of the Income-tax Act - Clarification regarding  Dated 31/08/1989
Circular No : 575 Date of Issue : 31.8.1990 Section(s) Referred : 80HHB , 80HHC , 80-O Statute : Income-Tax Act Subject: Convertible foreign e... Read More

• 543 - Deduction of tax at source-Section 193 read with section 197(1)/(2) of the Income-tax Act, 1961-Interest on Government securities  Dated 31/08/1989
Financial Year 1989-90 Instructions for deduction of tax at source from interest on securities-Rates of tax applicable during the financial year 1989-90 1. Reference is invited to this departmen... Read More

• 542 - Filing of returns by partners where firms accounts are required to be audited -Assessment year 1989 - 90  Dated 30/08/1989
Circular No : 542 Date of Issue : 30.8.1989 Section(s) Referred : 139 Statute : Income-Tax Act Subject : Filing of returns by partners where... Read More

• 541 - Subsidy granted by the State Government to producers for the production of feature films in regional languages  Dated 25/07/1989
Circular No : 541 Date of Issue : 25.7.1989 Section(s) Referred : 195(2)(a) Statute : Income-Tax Act Subject: Subsidy granted by the State Gov... Read More

• 540 - Deduction of income-tax at source under section 194D of the Income-tax Act, 1961-Deduction from insurance commission, etc  Dated 24/07/1989
Financial year 1989-90 Instructions for deduction of tax at source from insurance commission, etc. - Rate of tax applicable during the financial year 1989-90 1. Reference is invited to this Depa... Read More

• 539 - Payments made to contractors and sub-contractors - Deduction of tax at source under section 194C of the Income-tax Act, 1961, on income comprised therein - Levy of surcharge  Dated 13/07/1989
Circular No : 539 Date of Issue : 13.7.1989 Section(s) Referred : 194C Statute : Income-Tax Act Subject: Payments made to contractors and sub-... Read More

• 538 - Exemption of capital gain arising on sale of property used for residence  Dated 13/07/1989
Circular No : 538 Date of Issue : 13.7.1989 Section(s) Referred : 54 , 54F Statute : Income-Tax Act Subject: Exemption of capital gain arising... Read More

• 537 - Deduction of tax at source-Income-tax deduction from salaries during the financial year 1989-90 under section 192 of the Income-tax Act, 1961.  Dated 12/07/1989
Financial year 1989-90 Instructions for deduction of tax at source from salaries - Rate of tax for the financial year 1989-90 1. Reference is invited to this Ministrys Circular No. 517, dated 16... Read More

• 536 - Deduction of tax at source-Sections 194B and 194BB of the Income-tax Act, 1961 - Deduction from winnings from lottery or crossword puzzle or horse-race  Dated 06/07/1989
Circular No : 536 Date of Issue : 6.7.1989 Section(s) Referred : 194B Statute : Income-Tax Act Subject: Deduction of tax at source-Sections 19... Read More

• 535 - Collection of income-tax at source during the financial year 1989-90 - Profits and gains from the business of trading in alcoholic liquor, forest produce, etc. - Instructions regarding  Dated 26/06/1989
Circular No : 535 Date of Issue : 26.6.1989 Section(s) Referred : 260C , 44AC(1)(a) Statute : Income-Tax Act Subject: Collection of income-tax... Read More

• 534 - Repayment of amount on the closure of account under the National Savings Scheme - Taxability of  Dated 07/04/1989
Circular No : 534 Date of Issue : 7.4.1989 Section(s) Referred : 80D Statute : Income-Tax Act Subject: Repayment of amount on the closure of ... Read More

• 533 - Approval of application under Section 80-O of the Income Tax Act, 1961 - Modification of procedure.  Dated 27/03/1989
Circular No : 533 Date of Issue : 27.3.1989 Section(s) Referred : 80-O Statute : Income-Tax Act Subject : Approval of application under Sectio... Read More

• 532 - Repayment of amount from the account under the National Savings Scheme to the legal hairs of the assessee - taxability of - reg.  Dated 17/03/1989
Circular No : 532 Date of Issue : 17.3.1989 Section(s) Referred : 80CCA Statute : Income-Tax Act Subject : Repayment of amount from the accoun... Read More

• 531 - Deduction under section 80CCA of the Income Tax Act, 1961 - Notification of the Annuity Plans of the Life Insurance Corporation  Dated 17/03/1989
Circular No : 531 Date of Issue : 17.3.1989 Section(s) Referred : 80CCA Statute : Income-Tax Act Subject : Deduction under section 80CCA of th... Read More

• 530 - Exercise of discretion under section 220(6) of the Income-tax Act, 1961  Dated 06/03/1989
Circular No : 530 Date of Issue : 6.3.1989 Section(s) Referred : 220 Statute : Income-Tax Act Subject: Exercise of discretion under section 22... Read More

• Circular No. 529 - Issue of certificate for tax deducted at source under various provisions of the Income-tax Act - Unified Form No. 16 - Effective from 1.4.1989 - regarding  Dated 13/02/1989
Circular No. 529, dated 13.2.1989 Issue of certificate for tax deducted at source under various provisions of the Income-tax Act - Unified Form No. 16 - Effective from 1.4.1989 - regarding Under... Read More

• 529 - Issue of certificate for tax deducted at source under various provisions of the Income-tax Act - Unified Form No. 16 - Effective from 1st April, 1989 - Regarding  Dated 13/02/1989
Circular No : 529 Date of Issue : 13.2.1989 Section(s) Referred : 203 Statute : Income-Tax Act Subject: Issue of certificate for tax deducted ... Read More

• 57 - Weeding out of obsolete records - revised instructions for Salary cases with income below Rs. 1 lakh.  Dated 27/01/1989
DOMS INSTRUCTION NO. 57, dated 27-1-1989 Directorate of OM Services F. No. 48/3/87-OD-DOMS (Income-tax) Aiwan-e-halib Mata Sundri Lane New Delhi-110002 27th January, 1989 To All Chi... Read More

• 528 - FINANCE ACT, 1988 - CIRCULAR NO. 528, DATED 16-12-1988  Dated 16/12/1988
FINANCE ACT, 1988 - CIRCULAR NO. 528, DATED 16-12-1988 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Expenditure-tax Act ... Read More

• 189 - Expeditious settlement of audit objections timely submission of replies to Half Margin Notes of Audit Parties instructions regarding.  Dated 12/12/1988
CIRCULAR NO. 189, DATED 12.12.1988 Expeditious settlement of audit objections timely submission of replies to Half Margin Notes of Audit Parties instructions regarding. In the course of oral evid... Read More

• 527 - Clarification regarding the annuity plans of the Life Insurance Corporation of India - Tax deduction at source u/s. 192 of the Income-tax Act.  Dated 09/12/1988
Circular No : 527 Date of Issue : 9.12.1988 Section(s) Referred : 80CCA Statute : Income-Tax Act Subject: Clarification regarding the annuity ... Read More

• 526 - Interest payments under the Land Acquisition Act - Deduction of tax at source under section 194A of the Income-tax Act - Proper implementation of.  Dated 05/12/1988
Circular No : 526 Date of Issue : 5.12.1988 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Interest payments under the Land Acqu... Read More

• 525 - Collection of Income tax at source during the financial year 1988-89 - profits and gains from the business of trading in alcoholic liquor, forest produce, etc. - Instructions regarding  Dated 24/11/1988
Section 206C l Profits And Gains From Business of Trading In Alcoholic liquor, Forest Produce, etc. 1350. Instructions regarding deduction of tax at source on profits and gains from the business... Read More

• 188 - Working of Inter Departmental Machinery set up under Bond's Instruction No. 1552 - Dt. 8.2.84 - Action regarding -  Dated 15/11/1988
CIRCULAR NO. 188, DATED 15.11.1988 Working of Inter Departmental Machinery set up under Bond's Instruction No. 1552 - Dt. 8.2.84 - Action regarding - With a view to expediting the settlement of m... Read More

• 56 - Action Plan for 1988-89 - ITOs/Assistant Commissioners attached to DCs (Asstt.) - Clarification regarding  Dated 07/11/1988
DOMS INSTRUCTION NO. 56, dated 7-11-1988 F.No.17/1/88-OD-DOMS Directorate of OM Services (Income-tax) Aiwan-e-Ghalib Mata Sundri Lane New Delhi-110002 7th November, 1988 To All Chi... Read More

• 187 - Maintenance of ledger Cards - Revised Instructions - Reg.  Dated 24/10/1988
CIRCULAR NO. 187, DATED 24.10.1988 Maintenance of ledger Cards - Revised Instructions - Reg. Kindly refer to my D.O. letter F.No. Audit 56/88/DIT/ dated 5.9.1988 addressed to Director (PAC), CBDT... Read More

• 524 - Direct Tax Laws(Amendment)Act 1987- Provisions relating to charitable or religious trusts/institutions and scientific research association etc.- Clarifications reg.  Dated 17/10/1988
Circular No : 524 Date of Issue : 17.10.1988 Section(s) Referred : 80F Statute : Income-Tax Act Subject: Direct Tax Laws(Amendment)Act 1987- P... Read More

• NOTIFICATION S.O. 937(E) - Income-tax (NINTH AMENDMENT) Rules, 1988  Dated 10/10/1988
NOTIFICATION S.O. 937(E), Dated 10-10-1988 Income-tax (NINTH AMENDMENT) Rules, 1988 INCOME TAX S.O. 937(E): In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of ... Read More

• 523 - Effect of the order passed by the Board for Industrial and Financial Reconstruction under a scheme for the rehabilitation of sick units.  Dated 05/10/1988
Circular No : 523 Date of Issue : 5.10.1988 Section(s) Referred : 80 Statute : Income-Tax Act Subject: Effect of the order passed by the Board... Read More

• 522 - Amendment to section 40A(3), 269SS, 269T by Direct Tax Laws (Amendment) Act, 1987 - date of applicability - Clarification regarding  Dated 18/08/1988
Circular No : 522 Date of Issue : 18.8.1988 Section(s) Referred : 40A , 269SS , 269T Statute : Income-Tax Act Subject: Amendment to section 40... Read More

• 521 - Order under section 119(2)(b) of the Income-tax Act, 1961 - Condonation of delay in filing refund claims-Authorisation to the Assessing Officers  Dated 17/08/1988
Circular No : 521 Date of Issue : 17.8.1988 Section(s) Referred : 237 Statute : Income-Tax Act Subject: Order under section 119(2)(b) of the ... Read More

• 520 - Extension of time for deposit of capital gains in the Capital Gains Accounts Scheme, 1988  Dated 11/08/1988
Circular No : 520 Date of Issue : 11.8.1988 Section(s) Referred : 54 , 4(1) , 54B , 54D , 54F , 54G , 139(1) Statute : Income-Tax Act Subject:... Read More

• 519 - Deduction of tax at source-Section 193, read with section 197(1)/(2) of the Income-tax Act, 1961-Interest on Government securities  Dated 10/08/1988
Circular No : 519 Date of Issue : 10.8.1988 Section(s) Referred : 193 Statute : Income-Tax Act Subject: Deduction of tax at source-Section 193... Read More

• 518 - Karnataka State Employees Group Insurance Scheme, 1981 - Relief under section 80-C of the Income Tax Act, 1961 to contribution made under this scheme  Dated 09/08/1988
Circular No : 518 Date of Issue : 9.8.1988 Section(s) Referred : 80C Statute : Income-Tax Act Subject: Karnataka State Employees Group Insuran... Read More

• 517 - Deduction of tax at source-Income-tax deduction from salaries during the financial year 1988-89 under section 192 of the Income-tax Act, 1961  Dated 16/06/1988
FINANCIAL YEAR 1988-89 Instructions for deductions of tax at source from salaries - Rate of tax for the financial year 1988-89 1. I am directed to invite a reference to this Ministrys Circular N... Read More

• 516 - Direct Tax Laws (Amendment) Act, 1987-Provisions relating to assessment of partnership firms-Clarification regarding  Dated 15/06/1988
Circular No : 516 Date of Issue : 15.6.1988 Section(s) Referred : 182 Statute : Income-Tax Act Subject: Direct Tax Laws (Amendment) Act, 1987-... Read More

• 515 - Deduction of tax at source-Sections 194B and 194BB of the Income-tax Act, 1961-Deduction from winnings from lottery or crossword puzzle or horse- race  Dated 31/05/1988
Circular No : 515 Date of Issue : 31.5.1988 Section(s) Referred : 194B Statute : Income-Tax Act Subject: Deduction of tax at source-Sections 1... Read More

• 514 - Deduction of Income tax at source under Section 194D of the Income-tax Act, 1961-Deduction of tax at source-Deduction from insurance commission, etc.  Dated 31/05/1988
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Circular No : 513 Date of Issue : 27.5.1988 Section(s) Referred : 192 Statute : Income-Tax Act Subject : Refund of surcharge on Income tax pai... Read More

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69 EXPENDITURE TAX ACT, 1987 Amendments at a glance Section/Schedule Particulars 5 Collection of expenditure tax by hotels 1-4 Circular No. 512, Dated 19-5-1988 ... Read More

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Whether exemption of the deposits made under the National Savings Scheme, 1987, from wealth-tax, as per clause (xxvb) of sub-section (1) is not subject to the limit of Rs. 5 lakhs specified in sub... Read More

• 55 - Net Collection Statement M--4 regarding  Dated 25/02/1988
DOMS CIRCULAR NO 55, dated 25-2-1988 Directorate of Aiwan-e-Ghalib Organization Management Services Mata Sundri Lane (Income-tax) New Delhi-110002 F.No.6/1/88-OD-DOMS Dated: 25.2.1988... Read More

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Circular No : 510 Date of Issue : 23.2.1988 Section(s) Referred : 194A Statute : Income-Tax Act Subject: Deduction of tax at source under sect... Read More

• 509 - Deduction of tax at source under section 194 of the Income-tax Act, 1961 - Deduction from dividend income - Rate of tax applicable during the financial year 1987-88  Dated 23/02/1988
Circular No : 509 Date of Issue : 23.2.1988 Section(s) Referred : 194 Statute : Income-Tax Act Subject: Deduction of tax at source under secti... Read More

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Circular No : 508 Date of Issue : 23.2.1988 Section(s) Referred : 194D Statute : Income-Tax Act Subject: Deduction of income-tax at source-Sec... Read More

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Circular No : 507 Date of Issue : 23.2.1988 Section(s) Referred : 194B Statute : Income-Tax Act Subject: Deduction of tax at source under sect... Read More

• 506 - Deduction of tax at source under section 193 read with section 197(1)(2) of the Income-tax Act, 1961-Interest on Government securities  Dated 22/02/1988
Circular No : 506 Date of Issue : 22.2.1988 Section(s) Referred : 193 Statute : Income-Tax Act Subject: Deduction of tax at source under secti... Read More

• 184 - Scope of audit in respect of Estate Duty assessments completed under Summary Assessment Scheme - Clarification regarding.  Dated 22/02/1988
CIRCULAR NO. 184, DATED 22.2.1988 Scope of audit in respect of Estate Duty assessments completed under Summary Assessment Scheme - Clarification regarding. Please refer to your D.O. letter No. R... Read More

• 505 - Payments made to contractors and sub-contractors - Deduction of tax at source under section 194C of the Income-tax Act, 1961  Dated 19/02/1988
Circular No : 505 Date of Issue : 19.2.1988 Section(s) Referred : 194C , 192 , 194 Statute : Income-Tax Act Subject: Payments made to contract... Read More

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Circular No : 504 Date of Issue : 8.2.1988 Section(s) Referred : 192 , 192B , 194 Statute : Income-Tax Act Subject: Deduction of tax at source... Read More

• 58 - Scheme for acceptance of Income-tax and other Direct Taxes by public Sector Banks-Issue and encashment of Income-tax Refund Order (ITROS)  Dated 08/02/1988
DOMS INSTRUCTION NO. 58, dated 8-2-1988 Directorate of OM Services F. No. 10/12/84-OD-DOMS (Income-tax) Aiwan-e-halib Mata Sundri Lane New Delhi-110002 8th February, 1988 To All... Read More

• 503 - Order under section 119(2)(b) of the Income-tax Act, 1961-Condonation of delay in filing refund claims-Authorisation to the Income-tax Officers.  Dated 06/02/1988
Circular No : 503 Date of Issue : 6.2.1988 Section(s) Referred : 237 Statute : Income-Tax Act Subject: Order under section 119(2)(b) of the I... Read More

• 502 - Works executed under the National Rural Employment Programme (NREP) and Rural Landless Employment Guarantee Programme (RLEGP)  Dated 27/01/1988
Circular No : 502 Date of Issue : 27.1.1988 Section(s) Referred : 194C , 194 Statute : Income-Tax Act Subject: Works executed under the Nation... Read More

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Circular No : 501 Date of Issue : 20.1.1988 Section(s) Referred : 192 Statute : Income-Tax Act Subject: Deduction of tax at source-Income-tax ... Read More

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• 183 - Submission of Quarterly Reports of Internal/Receipt Audit-Major and Minor Objections - regarding.  Dated 22/12/1987
CIRCULAR NO. 183, DATED 22.12.1987 Submission of Quarterly Reports of Internal/Receipt Audit-Major and Minor Objections - regarding. It has been observed that the quarterly reports of Internal/ ... Read More

• 54 - Introduction of MICR Technology and change of formats of Refund Orders - Regarding  Dated 16/12/1987
DOMS Circulars DOMSCIRCULAR : 54 Date of Issue: 16.12.1987 Subject: Introduction of MICR Technology and change of formats of Refund Orders - Regarding Doms No. 54 F. No. 10/12/84-OD-DOMS D... Read More

• 181 - Statement u/s 285-B - departmental laxity in ensuring submission thereof.  Dated 15/12/1987
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Circular No : 500 Date of Issue : 9.12.1987 Section(s) Referred : Miscellaneous Statute : Income-Tax Act Subject: Approval of superannuation ... Read More

• 499 - Deduction of tax at source-Income-tax deduction from salaries during the financial year 1987-88 under section 192 of the Income-tax Act, 1961- Payment of surcharge  Dated 01/12/1987
Circular No : 499 Date of Issue : 1.12.1987 Section(s) Referred : 192 Statute : Income-Tax Act Subject: Deduction of tax at source-Income-tax ... Read More

• 498 - Repayment of loan etc. taken for the purchase/construction of houses/flats - Deduction admissible under section 80C of the Income Tax Act, 1961  Dated 04/11/1987
Circular No : 498 Date of Issue : 4.11.1987 Section(s) Referred : 80C Statute : Income-Tax Act Subject: Repayment of loan etc. taken for the p... Read More

• 55 - Operation of selective scrutiny scheme - Action Plan for 1987-88.  Dated 17/10/1987
DOMS Circulars DOMSCIRCULAR : 55 Date of Issue: 17.10.1987 Subject : Operation of selective scrutiny scheme - Action Plan for 1987-88. F. No. 17/1/86-OD-DOMS Directorate of O M Services (In... Read More

• 53 - Operation of selective scrutiny scheme - Action Plan for 1987-88  Dated 17/10/1987
Instruction No. 53, dated 17-10-1987 Directorate of OM Services F. No. 17/1/86-OD-DOMS (Income-tax) Aiwan-e-halib Mata Sundri Lane New Delhi-110002 17th October, 1987 To All Commiss... Read More

• 497 - Deduction of tax at source-Form of application for allotment of Tax-deduction Account Number-Regarding  Dated 09/10/1987
Circular No : 497 Date of Issue : 9.10.1987 Section(s) Referred : 206 Statute : Income-Tax Act Subject: Deduction of tax at source-Form of app... Read More

• 496 - Sales Tax Deferral Scheme- Provisions of sec.43B of the Income tax Act, 1961- Clarification reg  Dated 25/09/1987
Circular No : 496 Date of Issue : 25.9.1987 Section(s) Referred : 43B Statute : Income-Tax Act Subject: Sales Tax Deferral Scheme- Provisions ... Read More

• 495 - FINANCE ACT, 1987  Dated 22/09/1987
FINANCE ACT, 1987 - CIRCULAR NO. 495, DATED 22-9-1987 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act ... Read More

• 494 - FINANCE (AMDT.)ORDINANCE ACT, 1987  Dated 22/09/1987
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• 179 - Scope of Receipt Audit Review of Top 100 cases and C.I.B. of CIT Branch - Clarification regarding.  Dated 15/09/1987
CIRCULAR NO. 179, DATED 15.9.1987 Scope of Receipt Audit Review of Top 100 cases and C.I.B. of CIT Branch - Clarification regarding. The C.I.T. Cochin vide his letter dated 11.2.1987 had brought... Read More

• 178 - Internal Audit Minor Objections reports for the quarter ending March, 1987- in-accurate therein -  Dated 14/09/1987
Circular No.178, Dated 14.9.1987 Internal Audit Minor Objections reports for the quarter ending March, 1987- in-accurate therein - A study of the quarterly progress reports for the quarter endin... Read More

• 177 - Review of Action Plan Targets for DI (A) and Field-informations for the first quarter of 1987-88 - Importance of accurate and timely submission of statements.  Dated 28/08/1987
Circular No. 177, Dated 28.8.1987 Review of Action Plan Targets for DI (A) and Field-informations for the first quarter of 1987-88 - Importance of accurate and timely submission of statements. T... Read More

• 176 - Summary Assessment Scheme, scope of remedial action - Clarification regarding  Dated 26/08/1987
Summary Assessment Scheme, scope of remedial action - Clarification regarding This Directorate had received several references from different Commissioners seeking guidance as to whether remedial... Read More

• 493 - Returns of income below taxable limit - Whether such returns are to be accepted at the receipt counters  Dated 21/08/1987
Circular No : 493 Date of Issue : 21.8.1987 Section(s) Referred : 139 Statute : Income-Tax Act Subject : Returns of income below taxable limi... Read More

• 52 - Weeding out of Obsolute Records -Follow up action on PM's Broadcast to the Nation - Action Plan For implementation of Point 20 of 20-Point Programme, 1986 -Regarding -  Dated 06/08/1987
DOMS CIRCULAR NO. 52, dated 6-8-1987 Tel: 3316752 RAJINDER MOHAN DIRECTOR Directorate of Organisation Management Service (Income Tax), Aiwan-e-Ghalib, Mata Sundri Lane, New Delhi- 110002... Read More

• 175 - Revision of performae for submission of Quarterly and Annual Report on Receipt Audit and Internal Audit.  Dated 24/07/1987
D.I. (IT Audit) CIRCULAR No. 175, DATED 24.7.1987 Revision of performae for submission of Quarterly and Annual Report on Receipt Audit and Internal Audit. The Committee on Management Information... Read More

• 492 - Clarification regarding Board's Circular No. 12/66-IT(B), dated 9th June, 1965-Waiver/Reduction of interest - Section 215/217 - Rule 40(1) of the Income-tax Rules, 1962  Dated 21/07/1987
1374. Waiver/reduction of interest to be allowed under section 215/217- Rule 40(1) of the Income-tax Rules, 1962 - How to determine the period for Attention is invited to Boards Circular No. 12/6... Read More

• 51 - Operation of Summary Assessment Scheme-Queries made by Commissioners  Dated 13/07/1987
DOMS INSTRUCTION NO. 51, dated 13-7-1987 F.NO. 17/1/87-OD-DOMS DIRECTORATE OF OM SERVICES (IT) AIWAN-E-GHALIB, MATA SUNDRI LANE NEW DELHI- 110002 Dated- 13-07-1987 To All Commissioner... Read More

• 491 - Assessment of State Financial Corporation - Change in method of accounting of interest from Mercantile to cash - Regarding  Dated 30/06/1987
Circular No : 491 Date of Issue : 30.6.1987 Section(s) Referred : 145 Statute : Income-Tax Act Subject: Assessment of State Financial Corporat... Read More

• 489 - Deduction of tax at source-Income-tax deduction from salaries during the financial year 1987-88 under section 192 of the Income-tax Act, 1961  Dated 25/06/1987
Financial Year 1987-88 Instructions for deduction of tax at source from salary during financial year 1987-88 at the rates specified in Part III of First Schedule to Finance Act, 1987 CLARIFICATI... Read More

• 490 - Wealth-tax Act, 1957---Exemption under section 5(1)(xxa) of Wealth-tax Act, 1957.  Dated 22/06/1987
Procedure for obtaining certificate of exemption under clause (xxa) of sub-section (1) in respect of equity shares held in certain companies 1. Certain companies have brought to the notice of the... Read More

• 488 - Deduction of income-tax at source - Section 194D of the Income-tax Act, 1961 --- Deduction from insurance commission, etc.  Dated 16/06/1987
Circular No : 488 Date of Issue : 16.6.1987 Section(s) Referred : 194D Statute : Income-Tax Act Subject: Deduction of income-tax at source - S... Read More

• 487 - Deduction of income-tax at source - Section 194C of the Income-tax Act, 1961 - Deduction from payments to contractors and sub-contractors in bide- manufacturing industry  Dated 08/06/1987
Circular No : 487 Date of Issue : 8.6.1987 Section(s) Referred : 194C , 194D Statute : Income-Tax Act Subject: Deduction of income-tax at sour... Read More

• 486 - Deduction of tax at source-Section 193 read with section 197(1)/(2) of the Income-tax Act, 1961 - Interest on Government Securities  Dated 01/06/1987
Financial year 1987-88 Instructions for deduction of tax at source from interest on securities during financial year 1987-88 at the rates specified in Part III of First Schedule to Finance Act, 1... Read More

• 485 - Deduction of tax at source - Sections 194B and 194BB of the Income-tax Act, 1961 - Deduction from winnings from lotteries or crossword puzzles or horse-races  Dated 27/05/1987
Circular No : 485 Date of Issue : 27.5.1987 Section(s) Referred : 70 , 71 , 72 , 74 , 194B Statute : Income-Tax Act Subject: Deduction of tax ... Read More

• 484 - 'Backward Area for the purpose of Section 80HH of the Income-tax Act, 1961  Dated 01/05/1987
Circular No : 484 Date of Issue : 1.5.1987 Section(s) Referred : 80HH Statute : Income-Tax Act Subject : 'Backward Area for the purpose of Sec... Read More

• 483 [F. No. 275/64/86-IT(B)] - Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986  Dated 31/03/1987
FINANCIAL YEAR 1986-87 Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986 Clarifi... Read More

• 482 - Contribution received by any approved gratuity fund - Approved modes of depositing - Part C of Fourth Schedule read with rule 101/67 of Income-tax Rules  Dated 26/03/1987
1544. Contribution received by any approved gratuity fund - Approved modes of depositing - Part C of Fourth Schedule read with rule 101/67 of Income-tax Rules 1. The Government has notified in th... Read More

• 481 - Reimbursement of medical expenses on treatment in recognised public hospital in India-Clarification regarding  Dated 20/02/1987
[OMITTED BY CIRCULAR NO. 603, DATED 6-6-1991] Reimbursement of medical expenses on treatment in recognised public hospital in India-Clarification regarding. Circular Number: 481, dated 20-2-19... Read More

• 480 [F. No. 313/49/86-ED] - Policies of insurance assigned to Government under clause (b) of sub-section (1) for paying duty to be reassigned to policyholders  Dated 06/02/1987
Section 33 l Exemptions 1734. Policies of insurance assigned to Government under clause (b) of sub-section (1) for paying duty to be reassigned to policyholders consequent on the abolition of lev... Read More

• 479 [F. No. 225/47/86-IT(A.II)] - Whether the payment in cash of periodical interest amount alone exceeding Rs. 10,000 would attract the provisions of section 269T  Dated 16/01/1987
1466. Whether the payment in cash of periodical interest amount alone exceeding Rs. 10,000 would attract the provisions of section 269T 1. Indian Banks Association had sought a clarification as t... Read More

• 478 [F. No. 275/106/86-IT(B)] - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle or horse race during financial year 1986-87 at the rates specified in Part II  Dated 14/01/1987
Financial Year 1986-87 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle or horse race during financial year 1986-87 at the rates specified in Part II of ... Read More

• 477 - ESTATE DUTY (AMENDMENT) ACT, 1986 - CIRCULAR NO. 477, DATED 1-1-1987  Dated 01/01/1987
ESTATE DUTY (AMENDMENT) ACT, 1986 - CIRCULAR NO. 477, DATED 1-1-1987 Amendments at a glance Provisions explained ... Read More

• 475 [F.No. 316/127/86-WT] - RESTRICTION ON TRANSFER OF IMMOVABLE PROPERTY  Dated 09/12/1986
SECTION 269UC l RESTRICTION ON TRANSFER OF IMMOVABLE PROPERTY 1470-71. Time-limit to file statement in Form No. 37-I in respect of transfer of immovable property before 16-10-1986 - Rule 48L(2)(a... Read More

• 50 - Format of Register of Refund Applications.  Dated 04/12/1986
DOMS CIRCULAR NO. 50, dated 4-12-1986 F. No. 22/1/86-AP/DOMS DIRECTORATE OF OM SERVICES (Income-tax) NEW DELHI Dated: 4-12-1986 To All Chief Commissioners (Admn)/ All Commissioners of... Read More

• 474 - Extension Of Period-Amnesty Scheme Under The It And Wt Acts  Dated 11/11/1986
AMNESTY-1985 CIRCULAR : 474 Date of Issue: 11.11.1986 Extension Of Period-Amnesty Scheme Under The It And Wt Acts Amnesty I am directed to refer to Circular No. 472, dt. 15th Oct., 1986 on ... Read More

• 473 [F.No. 478/33/86-FTD] - TAX ON DIVIDENDS, ROYALTY AND TECHNICAL FEES IN THE CASE OF FOREIGN COMPANIES  Dated 29/10/1986
Section 115A l Tax on Dividends, Royalty and Technical Fees in the Case of Foreign Companies 794. Interest income in the case of foreign companies - Rate of tax applicable 1. Under section 115A(... Read More

• 472 - Extension Of Period-Amnesty Scheme Under The It And WT Acts  Dated 15/10/1986
AMNESTY-1985 CIRCULAR : 472 Date of Issue: 15.10.1986 Extension Of Period-Amnesty Scheme Under The It And WT Acts AMNESTY Taxpayers are aware that the Government has through the following c... Read More

• 471 [F. No. 207/27/85-IT(A-II)] - Capital gains from long-term capital asset - Investment in a flat under the self-financing scheme of the Delhi Development Authority  Dated 15/10/1986
474. Capital gains from long-term capital asset - Investment in a flat under the self-financing scheme of the Delhi Development Authority - Whether to be treated as construction for the purposes o... Read More

• 470 [F. No. 313/16/86-ED] - Payment of interest on deposits made under clause (g) of sub-section (1) to all depositors surviving on 16-3-1985  Dated 25/09/1986
1737. Payment of interest on deposits made under clause (g) of sub-section (1) to all depositors surviving on 16-3-1985 1. I am directed to refer to Boards Circular No. 438, dated 15-11-1985 in w... Read More

• 469 - TAXATION LAWS (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT, 1986 - CIRCULAR NO. 469, DATED 23-9-1986  Dated 23/09/1986
TAXATION LAWS (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT, 1986 - CIRCULAR NO. 469, DATED 23-9-1986 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to... Read More

• 468 [F. No. 225/32/86-IT(A-II)] - Repayment of compulsory deposit  Dated 26/08/1986
1779. Repayment of compulsory deposit - Whether depositors who have attained the age of 60 years, on the last day of the immediately preceding financial year and also nominees where the depositors... Read More

• 466 [F. No. 178/54/86-IT(A-I)] - Profits from export business  Dated 14/08/1986
602. Profits from export business - Whether both manufacturers and export houses/trading houses who pass on benefit under new section 80HHC to manufacturers are entitled to the deduction under sec... Read More

• 465 [F.No. 275/64/86/IT(B)] - Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986  Dated 04/08/1986
FINANCIAL YEAR 1986-87 Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986 Clarifi... Read More

• 464 - INCOME-TAX (AMENDMENT) ACT, 1986 - CIRCULAR NO. 464, DATED 18-7-1986  Dated 18/07/1986
INCOME-TAX (AMENDMENT) ACT, 1986 - CIRCULAR NO. 464, DATED 18-7-1986 Amendments at a glance Provisions explained ... Read More

• 463 [F. No. 178/65/86-IT(A-I)] - Deduction under section 80HHC and equal amount credited to reserve account for export business  Dated 11/07/1986
603. Deduction under section 80HHC and equal amount credited to reserve account for export business - Whether distribution of dividends out of such statutory reserve is utilisation for business of... Read More

• 462 [F. No. 275/67/86-IT(B)] - 1774. Instructions for deduction of tax at source from insurance commisssion during financial year 1986-87 at the rates specified in Part II of First Schedule to Finance Act, 1986  Dated 10/07/1986
Financial year 1986-87 1774. Instructions for deduction of tax at source from insurance commisssion during financial year 1986-87 at the rates specified in Part II of First Schedule to Finance Ac... Read More

• 461 - FINANCE ACT, 1986 - CIRCULAR NO. 461, DATED 9-7-1986  Dated 09/07/1986
FINANCE ACT, 1986 - CIRCULAR NO. 461, DATED 9-7-1986 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to Compa... Read More

• 47 - Action Plan for 1986-87  Dated 08/07/1986
DOMS CIRCULAR NO. 47, dated 8-7-1986 M. S. NARAYANAN D.O.F. No.17/1/86-OD-DOMS/ CHAIRMAN Central Board of Direct Taxes New Delhi Dated: 8th July, 1986 My dear Sub: Action Plan for 19... Read More

• 460 [F. No. 275/68/86-IT(B)] - Instructions for deduction of tax at source from interest on securities during financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986  Dated 03/07/1986
FINANCIAL YEAR 1986-87 Instructions for deduction of tax at source from interest on securities during financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1... Read More

• 459 [F.No. 275/64/86-IT(B)] - Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986  Dated 16/06/1986
FINANCIAL YEAR 1986-87 Instructions for deduction of tax at source from salary during the financial year 1986-87 at the rates specified in Part III of First Schedule to Finance Act, 1986 Clarifi... Read More

• 458 [F. No. 134/44/85-TPL] - Discontinuance of levy of estate duty in respect of agricultural lands situated in the States of Andhra Pradesh, Karnataka and ManipurDiscontinuance of levy of estate duty in respect of agricultural lands situated in the States of Andhra Pradesh, Karnataka and Manipur  Dated 16/06/1986
1728. Discontinuance of levy of estate duty in respect of agricultural lands situated in the States of Andhra Pradesh, Karnataka and Manipur 1. Intimations have been received regarding the Legisl... Read More

• 457 - Compulsory Deposit Scheme (Income-Tax Payers) Act, 1974--Deposits After March 31, 1985, In Respect Of Income Declared For Assessment Year 1985-86 And Earlier Assessment Years--Clarification--Regarding  Dated 30/05/1986
AMNESTY-1985 CIRCULAR : 457 Date of Issue: 30.5.1986 Subject : Compulsory Deposit Scheme (Income-Tax Payers) Act, 1974--Deposits After March 31, 1985, In Respect Of Income Declared For Assess... Read More

• 456 - Declaration Of Higher Income Before 31-3-86 For Earlier Assessment Year--Liability Of Penalty Under Section 10 Of Compulsory Deposit Scheme (Income-Tax Payers) Act, 1974--Clarification Regarding  Dated 22/05/1986
AMNESTY-1985 CIRCULAR : 456 Date of Issue: 22.5.1986 Subject : Declaration Of Higher Income Before 31-3-86 For Earlier Assessment Year--Liability Of Penalty Under Section 10 Of Compulsory Dep... Read More

• 455 [ F. 316/38/85-WT] - IMMOVABLE PROPERTY IN RESPECT OF WHICH PROCEEDINGS FOR ACQUISITION MAY BE TAKEN  Dated 16/05/1986
SECTION 269C l IMMOVABLE PROPERTY IN RESPECT OF WHICH PROCEEDINGS FOR ACQUISITION MAY BE TAKEN 1458. Acquisition proceedings in respect of immovable property for which the apparent consideration ... Read More

• 454 [F. No. 225/32/86-IT(A-II)] - Release of instalments of compulsory deposit payment of which fell due in 1985-86 but was deferred for one year under the Amendment Act, 1985  Dated 24/04/1986
1781. Release of instalments of compulsory deposit payment of which fell due in 1985-86 but was deferred for one year under the Amendment Act, 1985 1. The Compulsory Deposit Scheme for income-tax... Read More

• 453 [F.No. 225/86/85-IT(A-II)] - mnesty Scheme - Financial year 1985-86 - Assessment year 1986-87  Dated 04/04/1986
68 Finance Act, 1985 l Amnesty circulars Amnesty Scheme - Financial year 1985-86 - Assessment year 1986-87 - Clarifications on issues relating to effect of filing higher estimates of income for... Read More

• 46 - Procedure for receipt & distribution of Tax Returns  Dated 19/03/1986
DOMS CIRCULAR NO. 46, dated 19-3-1986 F. NO. 22/ 17. A/82-OD-DOMS DIRECTORATE OF OM SERVICES (IT) AIWAN-E-GHALIB, MATA SUNDRI LANE NEW DEHI- 110002. Dated: 19th March, 86 To All Commis... Read More

• 452 [F. No. 201/3/85-IT(A-II)] - AUDIT OF ACCOUNTS OF CERTAIN BUSINESSMEN OR PROFESSIONALS  Dated 17/03/1986
SECTION 44AB l AUDIT OF ACCOUNTS OF CERTAIN BUSINESSMEN OR PROFESSIONALS 443. Compulsory Audit - Whether the provision is applicable to commission agents, arahtias, etc. 1. Section 44AB, as inse... Read More

• 451 - Clarification Regarding The Press Note And Circulars Issued By The Ministry Of Finance Regarding Declaration Of Higher Income Or Wealth  Dated 17/02/1986
AMNESTY-1985 CIRCULAR : 451 Date of Issue: 17.2.1986 Subject: Clarification Regarding The Press Note And Circulars Issued By The Ministry Of Finance Regarding Declaration Of Higher Income Or ... Read More

• 450 - Declaration Of Higher Income Before 31-3-1986 For Earlier Assessment Years--Liability Of Penalty Under Section 10 Of Compulsory Deposit Scheme (Income-Tax Payers) Act, 1974--Clarification Regarding  Dated 13/02/1986
AMNESTY-1985 CIRCULAR : 450 Date of Issue: 13.02.1986 Subject : Declaration Of Higher Income Before 31-3-1986 For Earlier Assessment Years--Liability Of Penalty Under Section 10 Of Compulsory... Read More

• 447 [F. No. 199/1/86-IT(A-I)] - CHARGE OF INCOME-TAX  Dated 22/01/1986
SECTIONS 4, 5 AND 9 Basis of charge SECTION 4 l CHARGE OF INCOME-TAX 33. Whether award received by an amateur sportsman is taxable as his income in his hands 1. The Central Board of Direct Tax... Read More

• 446 [F. No. 225/105/83-IT (A-II)] - Earlier instructions on belated refund claims  Dated 31/12/1985
1414-1415. Earlier instructions on belated refund claims Clarification 1 1. Attention is invited to Boards order under section 119(2)(b) of the Income-tax Act [F.No. 225/201/87-IT(A-II)], dated ... Read More

• 445 - Valuation of perquisites in the form of reimbursement of medical expenses/ provision of medical facilities by the employer-Clarifications regarding  Dated 31/12/1985
[OMITTED BY CIRCULAR NO. 603, DATED 6-6-1991] Circular Number: 445, dated 31-12-1985 [F. No. 200/177/84-IT(AI)] Text: Subject: Valuation of perquisites in the form of reimbursement of medical... Read More

• 444 [F. No. 215/41/85-IT(A-II)] - Central Government Special Deposit Scheme extended - Reinvestment by recognised funds - Part A of Fourth Schedule read with rule 67(2)(ii) of Income-tax Rules  Dated 13/12/1985
1542. Central Government Special Deposit Scheme extended - Reinvestment by recognised funds - Part A of Fourth Schedule read with rule 67(2)(ii) of Income-tax Rules Attention is invited to rule 6... Read More

• 443 [F. No. 256/93/85-ED] - Trustees of Central Provident Fund as well as trustees of provident funds referred to in section 80C  Dated 13/12/1985
Section 53 l Duties and liabilities of accountable persons 1760. Trustees of Central Provident Fund as well as trustees of provident funds referred to in section 80C are no longer accountable per... Read More

• 442 [F. No. 296/60/85-ED] - Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontinuance of estate duty levy from 16-3-1985  Dated 02/12/1985
1735. Release of amount deposited by the LIC in respect of policies taken out under clause (f) of sub-section (1) consequent on discontinuance of estate duty levy from 16-3-1985 The levy of estat... Read More

• 45 - Discontinuance of some technical registers maintained in the Department  Dated 22/11/1985
DOMS CIRCULAR NO. 45, dated 22-11-1985 F. NO. 22/4/81-AP/DOMS DIRECTORATE OF OM SERVICES (IT) NEW DELHI Dated the 22nd Nov., 1985 To All Chief Commissioner (Admn.)/ All Commissioners... Read More

• 441 - Effect Of Higher Income Estimates For Assessment Year 1986-87 In Relation To Other Assessments - Clarification Regarding  Dated 15/11/1985
AMNESTY-1985 CIRCULAR : 441 Date of Issue: 15.11.1985 Subject: Effect Of Higher Income Estimates For Assessment Year 1986-87 In Relation To Other Assessments - Clarification Regarding ADVANC... Read More

• 440 [F. No. 225/86/85-IT(A-II)] - FINANCE ACT, 1985 l AMNESTY CIRCULARS  Dated 15/11/1985
68 Finance Act, 1985 l Amnesty circulars Amnesty Scheme - Financial year 1985-86 - Assessment year 1986-87 - Clarifications on issues relating to effect of filing higher estimates of income for... Read More

• 439 - Effect of higher returns for the assessment year 1986-87 in respect of wealth-tax assessments---clarification regarding  Dated 15/11/1985
AMNESTY-1985 CIRCULAR : 439 Date of Issue: 15.11.1985 Subject : Effect of higher returns for the assessment year 1986-87 in respect of wealth-tax assessments---clarification regarding The Fi... Read More

• 438 [F. No. 296/55/85-ED], - Repayment of amount deposited under clause (g) of sub-section (1) to depositors surviving on 16-3-1985 consequent upon discontinuance of estate duty levy  Dated 11/11/1985
1736. Repayment of amount deposited under clause (g) of sub-section (1) to depositors surviving on 16-3-1985 consequent upon discontinuance of estate duty levy The levy of estate duty has ceased ... Read More

• 432 - Filling Of Return Of Income-New Assessees-Declaration Of Substantial Income In The Initial Assessment Year-Effect Thereof In Earlier Years-Clarification Regarding  Dated 20/10/1985
AMNESTY-1985 CIRCULAR : 432 Date of Issue: 20.10.1985 Subject:Filling Of Return Of Income-New Assessees-Declaration Of Substantial Income In The Initial Assessment Year-Effect Thereof In Earl... Read More

• 434 - ESTATE DUTY (AMENDMENT) ACT, 1985 - CIRCULAR NO. 434, DATED 7-10-1985  Dated 07/10/1985
ESTATE DUTY (AMENDMENT) ACT, 1985 - CIRCULAR NO. 434, DATED 7-10-1985 Amendments at a glance Provisions explained ... Read More

• 433 [F.No. 275/30/82-IT(B)] - Tax deduction at source from payments to contractors and sub-contractors in bidi manufacturing industry - Whether munshis are contractors  Dated 25/09/1985
1251. Tax deduction at source from payments to contractors and sub-contractors in bidi manufacturing industry - Whether munshis are contractors CLARIFICATION 1 1. Under section 194C, a liability... Read More

• 431 [F. No. 174/43/82-IT (A-II)] - Relief in case of encashment of leave salary by an employee while in service - Whether admissible  Dated 12/09/1985
680. Relief in case of encashment of leave salary by an employee while in service - Whether admissible 1. Section 89(1) provides for relief to an assessee when salary, etc., is paid in arrears or... Read More

• 430 - The Compulsory Deposit Scheme (Income Tax Payers) Act, 1974 And The Scheme Framed Thereunder  Dated 06/09/1985
AMNESTY-1985 CIRCULAR : 430 Date of Issue: 6.9.1985 The Compulsory Deposit Scheme (Income Tax Payers) Act, 1974 And The Scheme Framed Thereunder The Compulsory Deposit Scheme (Income Tax Pay... Read More

• 174 - Scope and applicability of sub-section (1) explained with reference to Tribunal decision in Lalchand Bhalla?s case  Dated 12/08/1985
514. Scope and applicability of sub-section (1) explained with reference to Tribunal decision in Lalchand Bhallas case 1. Doubts have been expressed by certain Commissioners of Income-tax regardi... Read More

• 429 [F.No. 275/35/85-IT(B)] - Instruction for deduction of tax at source from salary during the financial year 1985-86 at the rates specified in Part III of First Schedule to Finance Act, 1985  Dated 08/08/1985
Financial year 1985-86 Instruction for deduction of tax at source from salary during the financial year 1985-86 at the rates specified in Part III of First Schedule to Finance Act, 1985 1. I am ... Read More

• 428 [F. No. 275/30/85-IT(B)] - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1985-86 at the rates specified in Part II of First Schedule to Finance Act, 1985  Dated 08/08/1985
FINANCIAL YEAR 1985-86 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1985-86 at the rates specified in Part II of First Schedule... Read More

• 427 [F. No. 275/25/85-IT(B)] - Instructions for deduction of tax at source from interest on securities during financial year 1985-86 at the rates specified in Part III of First Schedule to Finance Act, 1985  Dated 31/07/1985
FINANCIAL YEAR 1985-86 Instructions for deduction of tax at source from interest on securities during financial year 1985-86 at the rates specified in Part III of First Schedule to Finance Act, 1... Read More

• 426 [F. No. 275/32/85-IT(B)] - Instructions for deduction of tax at source from insurance commission during financial year 1985-86 at the rates specified in Part II of First Schedule to Finance Act, 1985  Dated 24/07/1985
Financial year 1985-86 Instructions for deduction of tax at source from insurance commission during financial year 1985-86 at the rates specified in Part II of First Schedule to Finance Act, 1985... Read More

• 425 [F. No. 275/31/85-IT(B)] - Instructions for deduction of tax at source from winnings from horse races during financial year 1985-86 at the rates specified in Part II of the First Schedule to Finance Act, 1985  Dated 24/07/1985
FINANCIAL YEAR 1985-86 Instructions for deduction of tax at source from winnings from horse races during financial year 1985-86 at the rates specified in Part II of the First Schedule to Finance ... Read More

• 424 [F. No. 296/35/85-ED] - Policies of insurance assigned to Government under clause (b) of sub-section (1) for paying duty to be reassigned to policyholders consequent on the abolition  Dated 09/07/1985
Section 33 l Exemptions 1734. Policies of insurance assigned to Government under clause (b) of sub-section (1) for paying duty to be reassigned to policyholders consequent on the abolition of lev... Read More

• 423 - Effect of higher estimates of income for purposes of advance tax in financial year 1985-86 on assessments in relation to earlier years - Clarification regarding  Dated 26/06/1985
AMNESTY-1985 CIRCULAR : 423 Date of Issue: 26.6.1985 Subject: Effect of higher estimates of income for purposes of advance tax in financial year 1985-86 on assessments in relation to earlier ... Read More

• 422 [F. No. 201/156/85-IT(A-II)] - Clarification regarding penalty under section 271B for failure to comply with provisions of section 44AB for assessment year 1985-86  Dated 19/06/1985
446. Clarification regarding penalty under section 271B for failure to comply with provisions of section 44AB for assessment year 1985-86 1. The Board had vide Circular No. 422, dated 19-6-1985 (... Read More

• 421 - FINANCE ACT, 1985 - CIRCULAR NO. 421, DATED 12-6-1985  Dated 12/06/1985
FINANCE ACT, 1985 - CIRCULAR NO. 421, DATED 12-6-1985 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Interest-tax Act ... Read More

• 420 [F. No. 204/10/83-IT(A-II)] - Security deposited with postal authorities for telex connection - Whether admissible as business expenditure  Dated 04/06/1985
374. Security deposited with postal authorities for telex connection - Whether admissible as business expenditure 1. It has been brought to the notice of the Board that, as per an amendment made ... Read More

• 419 [F. No. 333/3/85-GT] - Whether gifts made by karta on marriage of his daughter fall within the ambit of ?gift? under clause (xii)  Dated 01/06/1985
Gift-tax Act* Section 2 Definitions SECTION 2(xii) l GIFT 1657. Whether gifts made by karta on marriage of his daughter fall within the ambit of gift under clause (xii) In the case of CGT v. ... Read More

• 418 [F. No. 178/1/84-IT(A-I)] - Subscriptions to National Savings Certificates (VI Issue/VII Issue) - Clarifications on certain issues regarding their eligibility for deduction under the section  Dated 02/05/1985
547. Subscriptions to National Savings Certificates (VI Issue/VII Issue) - Clarifications on certain issues regarding their eligibility for deduction under the section 1. Under section 80C(2)(h),... Read More

• 417 [F. No. 296/8/84-ED] - Valuation of agricultural land comprised in tea, coffee, rubber and cardamom plantations  Dated 26/04/1985
SECTION 6 l VALUATION OF GIFTS 1676. Valuation of agricultural land comprised in tea, coffee, rubber and cardamom plantations - Whether guidelines laid down in Circular No. 357 are to apply for t... Read More

• 416 [F. No. 176/11/84-IT(A-I)] - Fund/institution recognised under section 10(23C)(iv)/(v) - Whether recognition under section 80G is automatic  Dated 11/04/1985
573. Fund/institution recognised under section 10(23C)(iv)/(v) - Whether recognition under section 80G is automatic The Board had occasion to consider whether the recognition under section 80G of... Read More

• 415 - Whether gains arising on exchange of gold bonds at the time of their redemption is short-term capital gain  Dated 14/03/1985
SECTION 2(42A) l SHORT-TERM CAPITAL ASSET 23. Whether gains arising on exchange of gold bonds at the time of their redemption is short-term capital gain - Whether answer to this query would depen... Read More

• 414 - Bonus - Whether deduction under clause (ii), first proviso, is admissible if it is within the minimum 8.33 per cent of salary and maximum 20 per cent of salary  Dated 14/03/1985
340. Bonus - Whether deduction under clause (ii), first proviso1, is admissible if it is within the minimum 8.33 per cent of salary and maximum 20 per cent of salary as per limits laid down under ... Read More

• 413 - How exemption is to be allowed qua value of leave travel concession where employee is entitled to more than one LTC in a block of 4 years  Dated 04/03/1985
64.How exemption is to be allowed qua value of leave travel concession where employee is entitled to more than one LTC in a block of 4 years 1. Section 10(5) provides for grant of exemption from ... Read More

• 412 [F. No. 200/84/79-IT(A-I)] - Filing of returns by political parties/its units at State or district level in terms of sub-section (4B) - Obligation therefor  Dated 02/03/1985
895. Filing of returns by political parties/its units at State or district level in terms of sub-section (4B) - Obligation therefor 1. Section 13A has been inserted by the Taxation Laws (Amendmen... Read More

• 411 - Exemption u/s 5(1)(xxxiii) of the W. T. Act?Deposits from non-resident Indians  Dated 26/02/1985
Exemption u/s 5(1)(xxxiii) of the W. T. ActDeposits from non-resident Indians Circular No. 411, F. No. 317/5/85-WT, dated 26th February, 1985 from C.B.D.T. The provisions of section 6 of the We... Read More

• 411 [F. No. 317/5/85-WT] - Whether deposits held by a person of Indian origin or citizen in NRE Account during his residence in the foreign country  Dated 25/02/1985
1593. Whether deposits held by a person of Indian origin or citizen in NRE Account during his residence in the foreign country will also be exempt under clause (xxxiii) of sub-section (1) 1. The ... Read More

• 410 - Whether interest earned from cumulative time deposit held under Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959  Dated 12/02/1985
106. Whether interest earned from cumulative time deposit held under Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959, is also exempt under clause (15)(ii) of section 10 1. Section... Read More

• 409 - Interest on cumulative deposit schemes of private sector undertakings - Whether should be taxed on accrual basis annually  Dated 12/02/1985
502. Interest on cumulative deposit schemes of private sector undertakings - Whether should be taxed on accrual basis annually 1. The issue regarding taxability of interest on cumulative deposit ... Read More

• 408 - Deduction of Tax at Source?Income-tax deduction from Salaries during the Financial Year 1984-85 under Section 192 of the Income-tax Act, 1961?Regarding  Dated 08/02/1985
Deduction of Tax at SourceIncome-tax deduction from Salaries during the Financial Year 1984-85 under Section 192 of the Income-tax Act, 1961Regarding (Board Circular No. 408 dated 8th Feb., 85 F.... Read More

• 407 - Deduction of Tax at Source?Income-tax deduction from Salaries during the Financial year 1984-85 under Section 192 of the Income-tax Act, 1961?Regarding  Dated 01/02/1985
Deduction of Tax at SourceIncome-tax deduction from Salaries during the Financial year 1984-85 under Section 192 of the Income-tax Act, 1961Regarding (Board Circular No. 407 dated 1st Feb.,85 F. ... Read More

• 406 - Section 56 of the Income-tax Act, 1961?Whether interest on National Deposit Scheme is taxable in the year of accrual  Dated 15/01/1985
Section 56 of the Income-tax Act, 1961Whether interest on National Deposit Scheme is taxable in the year of accrual Circular No. 406. F. No. 178/289/84-IT(A-I), dated January 15, 1985. 1. The N... Read More

• 405 - Section 80C of the Income-tax Act, 1961? Certain issues clarified on deduction of sums paid as subscriptions to National Savings Certificates VI and VII Issues  Dated 15/01/1985
Section 80C of the Income-tax Act, 1961 Certain issues clarified on deduction of sums paid as subscriptions to National Savings Certificates VI and VII Issues. Circular No. 405, F. No. 178/1/84-I... Read More

• 404 - Special Frontier Force Group Insurance Scheme entitle contributor contributions towards Special Frontier Force Group Insurance Scheme entitle contribution to deduction under the section  Dated 15/01/1985
Special Frontier Force Group Insurance Scheme entitle contributor contributions towards Special Frontier Force Group Insurance Scheme entitle contribution to deduction under the section. Circular... Read More

• 403 - Approval of Superannuation Fund under Part 'B' of the 4th Schedule?Rule 89 of the Income-tax Rules?Instructions Regarding  Dated 05/12/1984
Approval of Superannuation Fund under Part 'B' of the 4th ScheduleRule 89 of the Income-tax RulesInstructions Regarding Circulars 403 dated 5th Dec, 84 F. No. 216/7/84-IT(AII) An assessee is ent... Read More

• 402 - Taxation Laws (Amendment) Act, 1984 ? Amendment of Section 263 of the Income-tax Act, 1961 ? Clarification regarding  Dated 01/12/1984
Taxation Laws (Amendment) Act, 1984 Amendment of Section 263 of the Income-tax Act, 1961 Clarification regarding (Circular No. 402 dated 1-12-84 F. No. 279/146/84-/ITJ.) As a consequence of the ... Read More

• 401 [F. No. 317/29/84-WT] - Exemption of deposits under National Deposit Scheme under clause (xxva) of sub-section (1)  Dated 27/10/1984
1590. Exemption of deposits under National Deposit Scheme under clause (xxva) of sub-section (1) - Condition regarding six months holding period laid down in sub-section (3) waived for assessment ... Read More

• 400 - Exemption under Section 10(21) of the Income-tax Act, 1961  Dated 19/10/1984
Exemption under Section 10(21) of the Income-tax Act, 1961 Circular No. 400, dated 19-10-84, F. No. 194/10/81-IT(AI). Section 10(21) of the Income-tax Act, 1961 provides for grant of exemption ... Read More

• 399 - ESTATE DUTY (AMENDMENT) ACT, 1984 - CIRCULAR NO. 399, DATED 17-10-1984  Dated 17/10/1984
ESTATE DUTY (AMENDMENT) ACT, 1984 - CIRCULAR NO. 399, DATED 17-10-1984 Amendments at a glance Provisions explained ... Read More

• 398 - Sports association and institutions approved under Section 10(23) of the Income-tax Act, 1961?Clarification Regarding.Sports association and institutions approved under Section 10(23) of the Income-tax Act, 1961?Clarification Regarding.  Dated 17/10/1984
Sports association and institutions approved under Section 10(23) of the Income-tax Act, 1961Clarification Regarding. Circular No. 398, F. No. 196/23/82-IT(AI), dated 17-10-84 from C.B.D.T. The... Read More

• 397 - TAXATION LAWS (AMENDMENT) ACT, 1984  Dated 16/10/1984
TAXATION LAWS (AMENDMENT) ACT, 1984 - CIRCULAR NO. 394, DATED 14-9-1984 AND CIRCULAR NO. 397, DATED 16-10-1984 PART I Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax... Read More

• 396 [F. No. 296/16/83-ED] - Authorisation to employers to pay gratuity/pension to legal heirs of deceased employees without insisting upon estate duty clearance certificate  Dated 28/09/1984
1762. Authorisation to employers to pay gratuity/pension to legal heirs of deceased employees without insisting upon estate duty clearance certificate 1. By the Boards Circular No. 263, dated 29-... Read More

• 146 - Audit of the Office of IAC(ACQ) by Internal and receipt Audit?Instruction Regarding  Dated 26/09/1984
419. Provision for estimated service gratuity payable to its employees -Deduction under section 37(1) and section 40A(7) after its insertion by the Finance Act, 1975, with effect from 1-4-1973 cl... Read More

• 395 - Promotion of Sports?Whether a Charitable Purpose?Clarification Regarding  Dated 24/09/1984
Promotion of SportsWhether a Charitable PurposeClarification Regarding Circular No. 395, F. No. 181/5/82-IT(AI), dated 24-9-1984 from CBDT. The advancement of any object beneficial to the publi... Read More

• 394 - TAXATION LAWS (AMENDMENT) ACT, 1984  Dated 14/09/1984
TAXATION LAWS (AMENDMENT) ACT, 1984 - CIRCULAR NO. 394, DATED 14-9-1984 AND CIRCULAR NO. 397, DATED 16-10-1984 PART I Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax... Read More

• 393 - Instructions for deduction of tax at source from interest on securities during financial year 1984-85 at the rates specified in Part III of First Schedule to Finance Act, 1984  Dated 05/09/1984
FINANCIAL YEAR 1984-85 Instructions for deduction of tax at source from interest on securities during financial year 1984-85 at the rates specified in Part III of First Schedule to Finance Act, 1... Read More

• 391 - Instructions for deduction of tax at source from insurance commission during financial year 1984-85 at the rates specified in Part II of First Schedule to Finance Act, 1984  Dated 08/08/1984
Financial year 1984-85 Instructions for deduction of tax at source from insurance commission during financial year 1984-85 at the rates specified in Part II of First Schedule to Finance Act, 1984... Read More

• 390 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1984-85 at the rates specified in Part II of First Schedule to Finance Act, 1984  Dated 08/08/1984
Financial Year 1984-85 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1984-85 at the rates specified in Part II of First Schedule... Read More

• 389 - Instructions for deduction of tax at source from winnings from horse races during financial year 1984-85 at the rates specified in Part II of First Schedule to Finance Act, 1984  Dated 04/08/1984
FINANCIAL YEAR 1984-85 Instructions for deduction of tax at source from winnings from horse races during financial year 1984-85 at the rates specified in Part II of First Schedule to Finance Act,... Read More

• 388 - Instructions for deduction of tax at source from salary during financial year 1984-85 at the rates specified in Part III of First Schedule to Finance Act, 1984  Dated 16/07/1984
Financial year 1984-85 Instructions for deduction of tax at source from salary during financial year 1984-85 at the rates specified in Part III of First Schedule to Finance Act, 1984 1. I am dir... Read More

• 387 - FINANCE ACT, 1984 - CIRCULAR NO. 387, DATED 6-7-1984  Dated 06/07/1984
FINANCE ACT, 1984 - CIRCULAR NO. 387, DATED 6-7-1984 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Unit Trust of India Act ... Read More

• 386 - Valuation of perquisites in the form of re-imbursement of medical expenses/ provision of medical facilities by the employer-Clarification regarding  Dated 06/07/1984
Valuation of perquisites in the form of re-imbursement of medical expenses/ provision of medical facilities by the employer-Clarification regarding. Circular Number: 386, dated 6-7-1984 [F. No. ... Read More

• 385 [F.No. 316/35/81-WT] - Whether properties left in erstwhile East Pakistan after Indo-Pak conflict of 1965 and relief granted in the form of ex gratia grant and as such asset includible in net wealth  Dated 03/07/1984
1554. Whether properties left in erstwhile East Pakistan after Indo-Pak conflict of 1965 and relief granted in the form of ex gratia grant and as such asset includible in net wealth The Board hav... Read More

• 44 - Procedure for receipt of tax returns  Dated 23/06/1984
Procedure for receipt of tax returns Circular No. 44, F. No. 10/8/84-OD-DOMS dated 23-6-84 from D.O.M.S.(I.T.). A slight modification has been made in the prescribed procedure for receipt of re... Read More

• 383 - Approval of Hotels for the purpose of claiming the various tax concessions envisaged in the Income-tax Act, 1961  Dated 22/06/1984
635. Administrative approval of Department of Tourism for running hotel is absolutely different from approval granted by Income-tax Department in the capacity of delegated authority enabling hotel... Read More

• 384 [F.No. 319/8/84-WT] - PARA III(B) OF BOARD?S CIRCULAR NO. 3 W.T. OF 1957 DATED 28TH SEPTEMBER, 1957 ? CLARIFICATION IN REGARD WITHDRAWAL THEREOF  Dated 21/06/1984
PARA III(B) OF BOARDS CIRCULAR NO. 3 W.T. OF 1957 DATED 28TH SEPTEMBER, 1957 CLARIFICATION IN REGARD WITHDRAWAL THEREOF Circular: No. 384 [F.No. 319/8/84-WT], Dated 21-6-1984 Attention is invite... Read More

• 382 - Taxation of shares of Indian companies allotted to non-residents in consideration for the purchase of machinery and plant delivered abroad under clause (vi)/(vii) of sub-section (1)  Dated 04/05/1984
51. Taxation of shares of Indian companies allotted to non-residents in consideration for the purchase of machinery and plant delivered abroad under clause (vi)/(vii) of sub-section (1) 1. Clause... Read More

• 150 - Internal Audit?Interest under Sections 214, 243 & 244 of I.T. Act, 1961?Avoidable Payments?Instruction Regarding  Dated 04/05/1984
Internal AuditInterest under Sections 214, 243 244 of I.T. Act, 1961Avoidable PaymentsInstruction Regarding Circular No. 150, F. No. Audit-9/82-83/DIT dated 4-5-1984 from Directorate of Inspectio... Read More

• 381 [F. No. 296/36/82-ED] - Authorisation of Central Board of Trustees of Central Provident Fund and trustees of provident funds referred to in section 80C of Income-tax Act to make payment  Dated 01/05/1984
1761. Authorisation of Central Board of Trustees of Central Provident Fund and trustees of provident funds referred to in section 80C of Income-tax Act to make payment to claimant without producti... Read More

• 381 - Exemption from production of estate duty clearance certificate by the legal heirs of deceased members of Provident Funds referred to in Section 80C of the I.T. Act.  Dated 25/04/1984
Exemption from production of estate duty clearance certificate by the legal heirs of deceased members of Provident Funds referred to in Section 80C of the I.T. Act. Circular No. 381. F. No, 296/3... Read More

• 380 - Relief to new Industrial undertakings?Computation of the capital employed in the Undertakings - Section 80J(IA) of the Income-tax Act, 1961  Dated 10/04/1984
Relief to new Industrial undertakingsComputation of the capital employed in the Undertakings - Section 80J(IA) of the Income-tax Act, 1961 Circular No. 380, F. No. 279/186/82-ITJ, dated 10-4-1984... Read More

• 379 [F. No. 225/105/83-IT (A-II)] - Earlier instructions on belated refund claims  Dated 10/04/1984
1414-1415. Earlier instructions on belated refund claims Clarification 1 1. Attention is invited to Boards order under section 119(2)(b) of the Income-tax Act [F.No. 225/201/87-IT(A-II)], dated ... Read More

• 378 - Deduction under section 80J of the Income-tax Act, 1961 in respect of profits and gains from new industrial undertakings  Dated 03/03/1984
Deduction under section 80J of the Income-tax Act, 1961 in respect of profits and gains from new industrial undertakings Circular No. 378F. No. 178/227/83-IT(AI), dated 3-3-84 from CBDT The Kar... Read More

• 377 [F. No. 313/40/81-ED] - Whether time limit in section 61 applies for the purposes of granting relief under the section  Dated 21/02/1984
Section 50A l Relief where Gift-tax has been paid 1758. Whether time limit in section 61 applies for the purposes of granting relief under the section 1. Attention is invited to Circular No. 354... Read More

• 376 - Valuation of perquisites in the form of reimbursement of medical expenses/provision of medical facilities by the employer--Clarification regarding. Circular No. 336 dated 16-4-1982  Dated 06/01/1984
[OMITTED BY CIRCULAR NO. 603, DATED 6-6-1991] Valuation of perquisites in the form of reimbursement of medical expenses/provision of medical facilities by the employer--Clarification regarding. ... Read More

• 276 - Valuation of perquisite in the form of Reimbursement of Medical Expenses/Medical facilities by the Employer  Dated 06/01/1984
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• 321 - L.I.P. receipts?Return of?Instructions regarding  Dated 15/01/1982
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• 317 - Pending amendment to modify mode of investment under section 13(5), Commissioners authorised to issue/renew recognition under section 80G  Dated 19/12/1981
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• 130 - Action taken on the recommendations contained in the 38th report of the PAC (7th Lok Sabha) on reopened  Dated 03/10/1981
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• 315 - Depreciation allowance in the case of "Motor Vans"?Rate of depreciation?Clarification Regarding  Dated 24/09/1981
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• 314 - Investment allowance on new machinery or plant installed in small scale industrial undertaking - Computation of aggregate value for the purposes of ascertaining  Dated 17/09/1981
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• 309 - Cash equivalent of leave salary payable on the death of a Government servant to his legal heirs?Liability to Income-tax regarding  Dated 03/07/1981
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• 307 - Procedure for Segregation of ineffective Cases?Guidelines Regarding  Dated 23/06/1981
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• 305 - Investment allowance?Creation of reserve?Section 32A of the Income-Tax Act, 1961  Dated 12/06/1981
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• 119 - 38th report of PAC(80-81) (7th Lok Sabha) - Para 3.58 (Page 33) - Quick disposal of set aside/ cancelled assessments - Instructions regarding  Dated 12/06/1981
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• 301 - Instructions for deduction of tax at source from winnings from horse races during financial year 1981-82 at the rates specified in Part II of First Schedule to Finance Act, 1981  Dated 29/04/1981
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• 299 - Instructions for deduction of tax at source from interest on securities during financial year 1981-82 at the rates specified in Part III of First Schedule to Finance Bill, 1981  Dated 24/04/1981
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• 298 - Instructions for deduction of tax at source from salary during financial year 1981-82 at the rates specified in Part III of First Schedule to Finance Bill, 1981  Dated 15/04/1981
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• 297 - Procedure for Segregation of ineffective Cases?Guidelines Regarding  Dated 10/04/1981
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• 296, 297 and 307 - Procedure for Segregation of ineffective Cases?Guidelines Regarding  Dated 31/03/1981
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Section 16A l Reference to Valuation Officer 1628. Reference to Valuation Officer 1. The Direct Tax Laws (Amendment) Act, 1989 has amended sections 7 and 16A of the W.T. Act and has introduced S... Read More

• 295 - Deduction of Income-tax at Source?Section 194C of the Income-tax Act, 1961?Payments to Contractors and Sub-Contractors  Dated 06/03/1981
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• 294 - Approval of scientific research programme under section 35(2A) of the IT. Act, 1961?Clarification regarding  Dated 27/02/1981
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• 293 - Pension received from United Nations Organisation?Taxability thereof?Regarding  Dated 10/02/1981
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• 291 - Deduction of Tax at Source Income-tax Deduction from Salaries during the Financial year 1980-81 from Government Employees whose Estimated Annual income does not exceed Rs. 12,000?Adjustment of  Dated 04/02/1981
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• 289 - Registration under section 184(7) of .the Income-tax Act ? Continuance of  Dated 29/12/1980
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• 288 - Deduction of Tax at Source under Section 194A of the Income-tax Act, 1961?Liability for?Clarification Regarding  Dated 22/12/1980
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• 287 - Allowability of payment of excess bonus/ex-gratia payment under section 36(1)(ii) or 37(1) of the Income-tax Act, 1961  Dated 04/12/1980
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1078. Procedure for regulating refund of amounts paid in excess of tax deducted and/or deductible 1. The Board have been considering the manner of refunding the amount paid in excess of the tax d... Read More

• 286 - Section 10(10A)(i) of the Income-tax Act, 1961?Commutation of pension?Extent of Exemption Clarification regarding  Dated 17/10/1980
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• 283 - Deduction of Tax at Source?Income Tax Deduction from Salaries during the Financial Year 1980-81 from Non-Government Employees whose Estimated Annual Income does not Exceed Rs. 12,000 Adjustment of  Dated 25/09/1980
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• 282 - Applicability of the amended provisions of section 44D of the Income-Tax Act, 1961?Clarification regarding  Dated 22/09/1980
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• 281 - FINANCE (NO. 2) ACT, 1980 - CIRCULAR NO. 281, DATED 22-9-1980  Dated 22/09/1980
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• 280 - Instructions for deduction of tax at source from winnings from horse race during financial year 1980-81 at the rates speci­fied in Part II of First Schedule to Finance (No. 2) Act, 1980  Dated 20/09/1980
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• 107 - Audit Objection Against Board's Instructions?Clarification Regarding?Request for  Dated 10/09/1980
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• 278 - Instructions for deduction of tax at source from salary during financial year 1980-81 at the rates specified in Part III of First Schedule to Finance (No. 2) Act, 1980  Dated 26/08/1980
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• 106 - C&AG's Report, 1977-78?Cross Transfers or gifts?Failure to club income U/S 64(1)(vii) of I.T. Act, 1961?Review of cases  Dated 04/08/1980
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• 105 - Implementation of Foot-Notes Left by ITOs?Checking by the AIPs Regarding?  Dated 28/07/1980
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• 272 [F. No. 275/16/80-IT(B)] - Employers authorised to give deduction of allowance under section 80U from salary income while deducting tax at source on production of certificate issued by Income-tax Officer  Dated 27/07/1980
1077. Employers authorised to give deduction of allowance under section 80U from salary income while deducting tax at source on production of certificate issued by Income-tax Officer 1. Section 8... Read More

• 277 - Instructions for deduction of tax at source from insurance commission during financial year 1980-81 at the rates specified in Part II of First Schedule to the Finance (No. 2) Bill, 1980  Dated 21/07/1980
Financial Year 1980-81 Instructions for deduction of tax at source from insurance commission during financial year 1980-81 at the rates specified in Part II of First Schedule to the Finance (No. ... Read More

• 276 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1980-81  Dated 19/07/1980
FINANCIAL YEAR 1980-81 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1980-81 at the rates specified in Part II of the First Sche... Read More

• 275 - Instructions for deduction of tax at source during financial year 1980-81 from interest on securities at the rate specified in Part III of First Schedule to Finance (No. 2) Bill, 1980  Dated 16/07/1980
FINANCIAL YEAR 1980-81 Instructions for deduction of tax at source during financial year 1980-81 from interest on securities at the rate specified in Part III of First Schedule to Finance (No. ... Read More

• 41 - LETTERS FROM DIRECTORATE OF ORGANISATION & MANAGEMENT SERVICES (INCOME-TAX)  Dated 15/07/1980
D. LETTERS FROM DIRECTORATES 1. LETTERS FROM DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX) DOMS CIRCULAR NO. 41, dated 15-7-1980 XXVI/I/103 AMENDMENT TO CIRCULAR NO. DATED 15-... Read More

• 39 - Simplification of Procedure for Issue of Refunds of Direct Taxes ? Issue of Refund Vouchers upto Rs. 999 without Advice Notes ? Regarding ?  Dated 15/07/1980
DOMS Circular No. 39, dated 15-7-1980 F. No. 22/24/76-AP/DOMS/ DIRECTORATE OF OM SERVICES (INCOME-TAX) NEW DELHI Dated: - 15.7.1980 To All Commissioners of Income-tax. Sub: Simplific... Read More

• 274 [F. No. 220/22/80-IT(A-II)] - Requirement of filing of Form ITNS 224 not compulsory along with income-tax return  Dated 28/06/1980
890. Requirement of filing of Form ITNS 224 not compulsory along with income-tax return References have been received from a number of associations that the Income-tax Officers are not accepting ... Read More

• 38 - Action Plan 1980-81?Company assessments to be completed in a summary manner?Treatment of loss cases?Clarification of  Dated 20/06/1980
DOMS Circular No. 38, dated 20-6-1980 F. No. 17/1/80-OD-DOMS/ Directorate of OM Services (Income-tax) Aiwan-E-Ghalib, Mata Sundri Lane, New Delhi dated the 20th June, 80 To All Commi... Read More

• 104 - Section 141A?Provisional assessment for refund?Instructions regarding  Dated 05/06/1980
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• 273 - Delay in filing application in Form No. 10 - Board?s order under section 119(2)(b) authorising Commissioner to admit belated applications  Dated 03/06/1980
184. Delay in filing application in Form No. 10 - Boards order under section 119(2)(b) authorising Commissioner to admit belated applications 1. Charitable and religious trusts are entitled to ex... Read More

• 102 - Inspection of the work of the ITO's recorded by the IAC's  Dated 02/06/1980
SECTION 23 ANNUAL VALUE, HOW DETERMINED Inspection of the work of the ITO's recorded by the IAC's D.I. (IT)'s Circular No. 102, dated 2-6-80. F No 14/Rohtak/79/DIT. The ITOs should not allow ... Read More

• 269 - Jurisdiction of Commissioners of Income-tax (Appeals) ? Section 246(2) of the I.T. Act  Dated 29/05/1980
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• 272 - Deduction of Tax at source from Salaries under Section 192 of the Income-tax 1961?Relief under Section 80 U in the case of totally Blind or Physically Handicapped Resident Individuals?Allowance of  Dated 26/05/1980
Deduction of Tax at source from Salaries under Section 192 of the Income-tax 1961Relief under Section 80 U in the case of totally Blind or Physically Handicapped Resident IndividualsAllowance of ... Read More

• 271 - Instructions for deduction of tax at source from insurance commission during financial year 1980-81 at the rates specified in Part II of First Schedule to the Finance (No. 2) Bill, 1980  Dated 26/05/1980
Financial Year 1980-81 Instructions for deduction of tax at source from insurance commission during financial year 1980-81 at the rates specified in Part II of First Schedule to the Finance (No. ... Read More

• 270 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1980-81 at the rates specified in Part II of First Schedule to Finance Act, 1980  Dated 26/05/1980
Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1980-81 at the rates specified in Part II of First Schedule to Finance Act, 1980 1... Read More

• 40 - ACTION PLAN FOR 1980-81 ? ITEM 7 OF REVISED ANNEX-B TO THE CHAIRMAN?S D.O. NO. 17/1/80-OD-DOMS, DATED 23-5-80 ?CASES OF PARTNERS TO BE  Dated 23/05/1980
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• 100 - REGISTER OF APPLICATIONS FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER  Dated 07/05/1980
Administration of section 139 of the I.T. Act, 1961 Instruction No. 1252 dated 24th April, 1979 F. No. 228/1/79-IT(A-II) CBDT Bulletin No. XXV/1/39. The Instruction contain actions to be taken ... Read More

• 269 [F. No. 279/71/80-ITJ] - Queries regarding jurisdictional problems in regard to interpretation of sub-section (2) and scope of Board?s notification under clause (i) of sub-section (2) answered  Dated 29/04/1980
1429. Queries regarding jurisdictional problems in regard to interpretation of sub-section (2) and scope of Boards notification under clause (i) of sub-section (2) answered Certain jurisdictional... Read More

• 268 - FINANCE ACT, 1980 - CIRCULAR NO. 268, DATED 28-4-1980  Dated 28/04/1980
FINANCE ACT, 1980 - CIRCULAR NO. 268, DATED 28-4-1980 Amendments at a glance Rate structure Amendments to Income-tax Act ... Read More

• 267 - Instructions for deduction of tax at source during financial year 1980-81 from interest on securities at the rate specified in Part III of First Schedule to Finance (No. 2) Bill, 1980  Dated 24/04/1980
FINANCIAL YEAR 1980-81 Instructions for deduction of tax at source during financial year 1980-81 from interest on securities at the rate specified in Part III of First Schedule to Finance (No. ... Read More

• 266 - Instructions for deduction of tax at source from salary during financial year 1980-81 at the rates specified in Part III of First Schedule to Finance (No. 2) Act, 1980  Dated 24/04/1980
Financial year 1980-81 Instructions for deduction of tax at source from salary during financial year 1980-81 at the rates specified in Part III of First Schedule to Finance (No. 2) Act, 1980 Cla... Read More

• 265 [F. No. 385/61/79-IT(B)] - Recording date of tender of cheque and date of its realisation on challans for payment of direct taxes is to be done by branch of authorised public sector bank  Dated 11/04/1980
1066. Recording date of tender of cheque and date of its realisation on challans for payment of direct taxes is to be done by branch of authorised public sector bank where it is tendered for payme... Read More

• 97 - Certificate regarding compliance of Inspection Notes  Dated 29/02/1980
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• 42 - CORRIGENDUM TO DOMS CIRCULAR NO 41. DATED 23-2-1980 SUBSTITUTION REGARDING.  Dated 23/02/1980
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• 264 - Deduction of Income-tax at Source?Section 194B of the Income-tax Act, 1961?Prizes Awarded to the Agents under "Lucky Dip Draws" Etc.?Clarification Regarding  Dated 11/02/1980
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• 90 - Registers to be maintained by Income-tax Officers in connection with receipt Audit and Internal Audit Objections  Dated 26/11/1979
Registers to be maintained by Income-tax Officers in connection with receipt Audit and Internal Audit Objections DI(IT) Circular No. 90 F. No. Audit 679-80/DIT, dated the 26th November, 1979 from... Read More

• 37 - Salary Returns of Tax Deduction at Source ? Necessity for keeping liaison by the ITO (TDS) with the Deductor and the Assessing Income-tax Officer with the ITO (TDS) - Instructions regarding ?  Dated 18/10/1979
DOMS CIRCULAR NO. 37, Dated 18-10-1979 DIRECTORATE OF OM SERVICES (INCOME TAX) AIWAN-E-GHALIB, MATA SUNDRI LANE NEW DELHI 110002 F.No.9/14/77-SDT-DOMS/ Dated: - 18th Oct., 1979 To All ... Read More

• 262 - Levy of Penalty under Section 221 of the Income-Tax Act, 1961, Through Section 53 of the Taxation Laws (Amendment) Act, 1975  Dated 14/09/1979
Levy of Penalty under Section 221 of the Income-Tax Act, 1961, Through Section 53 of the Taxation Laws (Amendment) Act, 1975 [Circular No. 262 F. No. 400/42/79ITCC, dated 14-9-1979 CBDTCBDT Bulle... Read More

• 36 - Suspense/unaccounted challans  Dated 16/08/1979
DOMS Circular No. 36, Dated 16-8-1979 F.No.10/5/76-WS-DOMS/ DIRECTORATE OF O M SERVICES (INCOME TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI-110002 Dated, New Delhi, the 16th Aug.... Read More

• F. No. 10/5/76-WS-DOMS, DOMS (I Tax) ? CBDT Bulletin XXVI 1/60 - Recording of the date of receipt of cheques on the challan tendered for payment of any Direct Tax  Dated 16/08/1979
Recording of the date of receipt of cheques on the challan tendered for payment of any Direct Tax F. No. 10/5/76-WS-DOMS, dated 16-8-1979 from DOMS (I Tax) CBDT Bulletin XXVI 1/60 page 259 In t... Read More

• 261 [F. No. 385/61/79-IT(B)] - Recording date of tender of cheque and date of its realisation on challans for payment of direct taxes is to be done by branch of authorised public sector bank  Dated 08/08/1979
1066. Recording date of tender of cheque and date of its realisation on challans for payment of direct taxes is to be done by branch of authorised public sector bank where it is tendered for payme... Read More

• 35 - System to ensure placing of challans relating to files in movement after they are received back  Dated 26/07/1979
DOMS Circular No. 35, Dated 26-7-1979 F.No.10/5/76-WS-DOMS/ DIRECTORATE OF ORGANIZATION MANAGEMENT SERVICES (INCOME TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI. Dated, New Delhi, ... Read More

• F No 10/5/76-WS-DOMS/3671, DOMS ? CBDT Bulletin XXV/I/59 - Systems to ensure placing of challans relating to files in movement after they are received back  Dated 26/07/1979
Systems to ensure placing of challans relating to files in movement after they are received back F No 10/5/76-WS-DOMS/3671, dated 26-7-1979 from DOMS CBDT Bulletin XXV/I/59-page 258 The procedur... Read More

• 259 - Allowance of development rebate?Creation of reserve under Section 34(3)(a) of the Income-Tax Act, 1961  Dated 11/07/1979
SECTION 34 Allowance of development rebateCreation of reserve under Section 34(3)(a) of the Income-Tax Act, 1961 Boards Circular No. 259F. No. 202/37/78-IT A-II, dated 11th July, 1979CBDTCBDT Bu... Read More

• 88 - Deduction under section 80M of the Income-tax Act, 1961  Dated 04/07/1979
Deduction under section 80M of the Income-tax Act, 1961 Circular No. 88-DI(I.T.)F. No. Audit9/79-80/DI/8532, dated 4-7-1979CBDT Bulletin Tech. Vol. XXV/260 The Supreme Court in a recent judgmen... Read More

• 258 - FINANCE ACT, 1979 - CIRCULAR NO. 258, DATED 14-6-1979  Dated 14/06/1979
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• 256 - Interest on Deposits in Joint Names?Deduction of Tax at Source Under Section 194A of the Income-tax Act, 1961?Regarding  Dated 29/05/1979
Interest on Deposits in Joint NamesDeduction of Tax at Source Under Section 194A of the Income-tax Act, 1961Regarding Circular No. 256F. No. 275/17/77-IT(B) dated 29-5-1979, CBDTCBDT Bulletin Tec... Read More

• 255 - Instructions for deduction of tax at source from interest on securities during financial year 1979-80 at the rates specified in Part III of First Schedule to Finance Act, 1979  Dated 23/05/1979
FINANCIAL YEAR 1979-80 Instructions for deduction of tax at source from interest on securities during financial year 1979-80 at the rates specified in Part III of First Schedule to Finance Act, 1... Read More

• 254 - Instructions for deduction of tax at source from insurance commission during financial year 1979-80 at the rates specified in Part II of First Schedule to Finance Act, 1979  Dated 23/05/1979
Financial Year 1979-80 Instructions for deduction of tax at source from insurance commission during financial year 1979-80 at the rates specified in Part II of First Schedule to Finance Act, 1979... Read More

• 86A - Extra shift allowance in respect of Air-Circuit breaker 4000 Amps?Clarification regarding.  Dated 19/05/1979
Extra shift allowance in respect of Air-Circuit breaker 4000 AmpsClarification regarding. DI(IT) Circular No. 86AF. No. Audit-9/79-80/DIT, dated 19-5-1979 from Directorate of Inspection (Income-t... Read More

• 252 - Instructions for deduction of tax at source from salary during financial year 1979-80 at the rates specified in Part III of First Schedule to Finance Act, 1979  Dated 10/05/1979
Financial Year 1979-80 Instructions for deduction of tax at source from salary during financial year 1979-80 at the rates specified in Part III of First Schedule to Finance Act, 1979 1. I am dir... Read More

• 34 - Procedural Instructions relating to section 209A of the I.T. Act  Dated 04/05/1979
Procedural Instructions relating to section 209A of the I.T. Act DOMS CIRCULAR NO. 34, DATED 4-5-1979 F.No.10/5/78-WS/DOMS/ DIRECTOREATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX), A... Read More

• 253 - Section 80-O of the Income-tax Act, 1961? Guidelines for approval of agreements- Further clarifications  Dated 30/04/1979
Section 80-O of the Income-tax Act, 1961 Guidelines for approval of agreements- Further clarifications Circular No. 253F. No. 473/15/78-FTD, dated the 30-4-1979 from CBDTCBDT Bulletin No. XXV/I/2... Read More

• 84 - Supreme Court decisions in the cases of ? (i) Brij Bhushan Lal, Parduman Kumar vs. CIT (115 ITR 524), and (ii) CIT vs. Rajendra Prasad Moody (115 ITR 519).  Dated 26/04/1979
Supreme Court decisions in the cases of (i) Brij Bhushan Lal, Parduman Kumar vs. CIT (115 ITR 524), and (ii) CIT vs. Rajendra Prasad Moody (115 ITR 519). [DI(IT) Circular No. 84 F.No. Audit9/79-8... Read More

• 83 - Failure to Charge Interest Under Section 220(2) of the Income-tax Act, 1961? Checking of Demand and Collection Registers?Need to Ensure Timely Action  Dated 31/03/1979
Failure to Charge Interest Under Section 220(2) of the Income-tax Act, 1961 Checking of Demand and Collection RegistersNeed to Ensure Timely Action [DI. (IT) Circular No. 83F. No. Audit 9/78/79 D... Read More

• 81 - Common problems relating to Audit work noticed in various Commissioners' charges during Inspection in the Financial Year 1978-79  Dated 28/03/1979
Common problems relating to Audit work noticed in various Commissioners' charges during Inspection in the Financial Year 1978-79 DI(IT) Circular No. 81 F. No. Audit-9\78-79\DIT, dated the 28th Ma... Read More

• 80 - Working of the Acquisition Circles in the Income-tax Department  Dated 27/03/1979
Working of the Acquisition Circles in the Income-tax Deptt. DI (IT) Circular No. 80 F. No. Audit-9/78-79-DIT, dated the 27th March, 1979 from D.I. (I.T.) Bulletin No. XXIV/I/162 Page 396 Numerou... Read More

• 79 - Audit of Assessments under the Interest-tax Act, 1974?By SAPs  Dated 26/03/1979
Audit of Assessments under the Interest-tax Act, 1974By SAPs Circular No. 79 F. No. Audit-9/78-79/DIT, dated the 26th March, 1979 from Directorate of Inspection (Income-tax.) The Interest Tax Ac... Read More

• 78 - Audit objections relating to payments under compulsory deposit (Income-tax Payers) Scheme, 1975  Dated 22/03/1979
Audit objections relating to payments under compulsory deposit (Income-tax Payers) Scheme, 1975 (DI(IT) Circular No. 78F. No. Audit-9/78-79/DIT, dated the 22nd March, 1979 from DI(IT) bulletin No... Read More

• 77 - Audit objections relating to Dharmada Receipts  Dated 21/03/1979
Audit objections relating to Dharmada Receipts DI(IT) Circular No. 77-F. No. Audit 9/73-79/DIT, dated the 21st March, 1979 from DI(IT) Bulletin No. XX1V/I/159, page 390. Receipt Audit has in th... Read More

• 76 - Monthly Reviews on the Performance of AAC's in Respect of Pendency of Disposal of appeals  Dated 07/03/1979
Monthly Reviews on the Performance of AAC's in Respect of Pendency of Disposal of appeals Instructions regarding- (D.I.(IT) circular No. 76F. No. M-36/36/3/78/DIT, dated the 7th March, 1979 from ... Read More

• 75 - Subsidy received from the Rubber Board for the plantation of rubber trees-Liability to income-Tax  Dated 26/02/1979
Subsidy received from the Rubber Board for the plantation of rubber trees-Liability to income-Tax DI(IT) Circular No. 75F. No. Audit-9/78-79/DIT, dated 26-2-1979CBDT Bulletin Tech. XXIV/I/157, pa... Read More

• 1235 - Verification of Demands before issue of Recovery Certificates?regarding  Dated 07/02/1979
Verification of Demands before issue of Recovery Certificatesregarding [Circular No. 1235F. No. 404/31/79ITCC dated 7-2-1979CBDT Bulletin XXIV/I/ 138, Page 355.] Attention is invited to the Boar... Read More

• I/1234?F. No. 370/77/78-IT(B), dated 30-1-1979 from CBDT?CBDT Bulletin XXIV/I/137 page 349 - Deduction of tax at source?Enforcement of collection?  Dated 30/01/1979
Deduction of tax at sourceEnforcement of collection (I/1234F. No. 370/77/78-IT(B), dated 30-1-1979 from CBDTCBDT Bulletin XXIV/I/137 page 349.) The source of collections from tax deducted at sou... Read More

• 251 [F. No. 403/56/77-ITCC] - Circular dated 25-7-1969 granting stay of recovery of tax under sub-section (7) to assessees having income in Pakistan which cannot be brought into India stands withdrawn  Dated 29/01/1979
1385. Circular dated 25-7-1969 granting stay of recovery of tax under sub-section (7) to assessees having income in Pakistan which cannot be brought into India stands withdrawn 1. Reference is in... Read More

• 251 - Indian nationals having income arising in Pakistan?Collection of tax?Withdrawal of the existing concession?Section 220(7)  Dated 29/01/1979
Indian nationals having income arising in PakistanCollection of taxWithdrawal of the existing concessionSection 220(7) [Circular No. 251 (F. No. 403/56/77ITCC), dated 29-1-1979.] 1. Reference is... Read More

• 1232 - Section 11 of the Income-tax Act?Charitable Trusts?Exemption from Income-tax?Regarding  Dated 27/01/1979
Section 11 of the Income-tax ActCharitable TrustsExemption from Income-taxRegarding Circular No. 1232F. No. 180/237/78-IT(AI), dated 27-1-1979CBDT Bulletin XXIV/I/136, page 349. The taxation of... Read More

• 1231 - Concurrent jurisdiction of Inspecting Assistant Commissioner and Income-tax Officers under section 125A of the Income-tax Act, 1961 ? Clarification regarding  Dated 20/01/1979
SECTION 125A CONCURRENT JURISDICTION OF IACs AND ITOs Concurrent jurisdiction of Inspecting Assistant Commissioner and Income-tax Officers under section 125A of the Income-tax Act, 1961 Clarific... Read More

• 33 - Jurisdiction pattern of Special I.A.C Ranges set up under section 125A of the Income-tax Act, 1961 ? Guidelines regarding  Dated 15/01/1979
Jurisdiction pattern of Special I.A.C Ranges set up under section 125A of the Income-tax Act, 1961 Guidelines regarding F. NO.21/5/76-OD/DOMS/ DOMS CIRCULAR NO. 33, DATED 15-1-1979 CENTRAL BOAR... Read More

• 250 - Section 40A(3) of the Income-Tax Act, 1961? Payments in excess of Rs. 2,500 to be made by crossed cheques or crossed bank drafts?Suspension of clearing operations by banks?Clarification regarding  Dated 11/01/1979
Section 40A(3) of the Income-Tax Act, 1961 Payments in excess of Rs. 2,500 to be made by crossed cheques or crossed bank draftsSuspension of clearing operations by banksClarification regarding Ci... Read More

• 71-F. No. Audit 9/78-79 - Draft Paras proposed for Inclusion in the C &AG's Report 1977-78 ? Cases of Private Family Trusts ? Mistakes relating to Income-tax  Dated 11/01/1979
CHAPTER XV LIABILITY IN SPECIAL CASES CHAPTER XV Section 164. Charge of tax where share of beneficiaries unknown Draft Paras proposed for Inclusion in the C AG's Report 1977-78 Cases of Priva... Read More

• 70 - Internal Audit?Definition of Priority Income-tax case for Audit-change from 1st January, 1979  Dated 04/01/1979
Internal AuditDefinition of Priority Income-tax case for Audit-change from 1st January, 1979 DI(IT) Circular No. 70F. No. Audit-9/78-79/dated the 4th Jan. 1979 from. DI (IT) bulletin No. XXIV/I/1... Read More

• 69 - Tax paid under voluntary Disclosure Scheme?Incorrectly given credit against other demand Necessity to Guard Against  Dated 29/12/1978
Tax paid under voluntary Disclosure SchemeIncorrectly given credit against other demand Necessity to Guard Against DI (IT) Circular No. 69F. No. Audit-9/78-79/DIT, dated the 29th December, 1978 f... Read More

• 68 - Development Rebate on plant and machinery used for manufacture of vegetable oils and oil cake by the Solvent Extraction Process from seeds other than cotton seeds.  Dated 13/12/1978
Development Rebate on plant and machinery used for manufacture of vegetable oils and oil cake by the Solvent Extraction Process from seeds other than cotton seeds. DI(IT) Circular No. 68F. No. Au... Read More

• 65 - Strengthening of Internal Audit set up?Necessity of IACs (Audit) Rechecking the Bigger Cases  Dated 29/11/1978
Strengthening of Internal Audit set upNecessity of IACs (Audit) Rechecking the Bigger Cases DI (IT) Circular No. 65F. No. Audit-6/78-79/DIT, dated the 29th Nov. 1978 from DI(IT)CBDT bulletin No. ... Read More

• 63 - Annual Internal Audit Report?Highlighting Certain aspects of Internal Audit Work  Dated 21/11/1978
Annual Internal Audit ReportHighlighting Certain aspects of Internal Audit Work DI (IT) Circular No. 63F. No. Audit-9/78-79/DIT, dated the 21st Nov. 1978 from DI(IT)CBDT bulletin No. XXIV/I/126Pa... Read More

• 62 - Receipt Audit?Necessity of Keeping Details of Cases Requisitioned, Checked and Mistakes found out  Dated 16/11/1978
Receipt AuditNecessity of Keeping Details of Cases Requisitioned, Checked and Mistakes found out DI (IT) Circular No. 62F. No. Audit-9/78-79/DIT, dated the 16th Nov., 1978 from DI(IT)CBDT bulleti... Read More

• 60 - Material for Quarterly Bulletin of Important Objections raised by Internal Audit Parties & Receipt Audit Parties  Dated 04/11/1978
Material for Quarterly Bulletin of Important Objections raised by Internal Audit Parties Receipt Audit Parties DI (IT) Circular No. 60F. No. Audit15/78-79/DIT, dated the 4th Nov. 1978 from DI(T)C... Read More

• 247 - Explanatory Notes on provisions relating to direct taxes in the Finance Act, 1976?Section 37(2A)?regarding  Dated 21/10/1978
Explanatory Notes on provisions relating to direct taxes in the Finance Act, 1976Section 37(2A)regarding Circular No. 247F. No. 131(6)/76-TPL(Pt),. dated the 21st October, 1978 from CBDTCBDT Bull... Read More

• 58 - Receipt Audit & Internal Audit Streamlining of?Action for  Dated 16/10/1978
Receipt Audit Internal Audit Streamlining ofAction for DI (IT) Circular No. 58F. No. Audit-9/78/79/DIT, dated 16th October, 1978 from (DI (IT)CBDT bulletin No. XXIV/I/122, page 316 Further strea... Read More

• 57 - Utilisation of Members of the IAP & SAP for work other than Audit  Dated 09/10/1978
Utilisation of Members of the IAP SAP for work other than Audit (DI (IT) Circular No. 57F. No. Audit-3/78-79/DIT, dated the 9th October, 1978 from DI(IT) CBDT Bulletin No. XXIV/I/121, Page 315 I... Read More

• 32 - Procedure for segregation of ineffective cases - guidelines regarding  Dated 07/10/1978
DOMS CIRCULAR NO. 32, Dated 7-10-1978 CENTRAL BOARD OF DIRECT TAXES, NEW DELHI. F. No. 17/1/78-OD-DOMS/ Dated: 7th October, 1978. To All Commissioners of Income-tax. Sir, Sub: Proced... Read More

• 55 - Revision petitions ? monthly and telegraphic report ? Submission thereof in revised proformae.  Dated 27/09/1978
Revision petitions monthly and telegraphic report Submission thereof in revised proformae. [DI(1T) Circular No. 55- F. No. M 38/2/75/DIT/ VOL I, dated 27th September 1978 from DI (IT)CBDT Bulleti... Read More

• 246 - Guidelines for exemption under section 80U of the Income-tax Act, 1961  Dated 20/09/1978
SECTION 80U DEDUCTION IN THE CASE OF TOTALLY BLIND OR PHYSICALLY HANDICAPPED RESIDENT PERSON Guidelines for exemption under section 80U of the Income-tax Act, 1961 Circular No. 246F. No. 178/37... Read More

• 53 - Periodical Meeting with the Audit for Settlement of Receipt Audit Objections  Dated 18/09/1978
Periodical Meeting with the Audit for Settlement of Receipt Audit Objections DI(IT) Circular No. 53F. No. Audit 9/78-79/DIT, dated 18th Sept. 1978 from DI(IT)CBDT Bulletin No. XXIV/I/86, page 240... Read More

• 31 - Procedural Instructions relating to Section 209A  Dated 14/09/1978
Section 209A Procedural Instructions relating to Section 209A DOMS CIRCULAR NO. 31, DATED 14-9-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX) AIWAN-E-GHALIB MATA SUNDRI L... Read More

• 30 - Central receipt register?Setting apart Separate part for receipts requiring special watch  Dated 12/09/1978
Central receipt registerSetting apart Separate part for receipts requiring special watch DOMS CIRCULAR NO.30, DATED 12-9-1978 F.No.22/13/78-OD/DOMS/ Directorate of Organization Management Serv... Read More

• 49 - Mistakes Detected by receipt Audit in calculation of tax in the case of HUFs  Dated 01/09/1978
Mistakes Detected by receipt Audit in calculation of tax in the case of HUFs DI(IT) Circular No. 49F. No. Audit 9/78-79/DIT, dated the 1st September, 1978 from DI(IT)CBDT Bulletin No. XXIV/I/84, ... Read More

• 44 - Returns not Accompanied by Profit and loss Account?Validity of  Dated 31/08/1978
Returns not Accompanied by Profit and loss AccountValidity of D.I. (I.T.) Circular No. 44-F. No. Audit-9/78/79-DIT, dated 31-8-78Bulletin Tech. XXIV/I/79, page 215. Merely because the profit and... Read More

• 45 - Quota of Disposal of Special Audit Parties  Dated 14/08/1978
Quota of Disposal of Special Audit Parties (DI(IT) Circular No. 45F. No. Audit 9/78-79/DIT, dated the 14th August, 1978 from DI(IT)CBDT Bulletin No. XXIV/I/80, page 216 Vide Directorate's Circul... Read More

• 245 - TAXATION LAWS (AMENDMENT) ACT, 1978 - CIRCULAR NO. 245, DATED 11-8-1978  Dated 11/08/1978
TAXATION LAWS (AMENDMENT) ACT, 1978 - CIRCULAR NO. 245, DATED 11-8-1978 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act ... Read More

• 29 - Entries relating to assessment in demand & Collection Register?Measures to check delay in service of Demand notices  Dated 08/08/1978
Entries relating to assessment in demand Collection RegisterMeasures to check delay in service of Demand notices DOMS CIRCULAR No.29, Dated 8-8-1978 DIRECTORATE OF ORGANISATION MANAGEMENT S... Read More

• 39 - Receipt Audit?Necessity of keeping Details of cases Requisitioned, Checked and Mistakes found out  Dated 19/07/1978
Receipt AuditNecessity of keeping Details of cases Requisitioned, Checked and Mistakes found out DI(IT) Circular No. 39F. No. Audit 9/78-79/DIT, dated the 19th July, 1978 from DI(IT)CBDT Bulletin... Read More

• 38 - Verification of Correctness of Lists of Cases for Checking by Internal Audit Parties  Dated 15/07/1978
Verification of Correctness of Lists of Cases for Checking by Internal Audit Parties DI(IT) Circular No. 38F. No. Audit 9/78-79/DIT, dated the 15th July, 1978 from DI(IT)CBDT Bulletin No. XXIV/I/... Read More

• 244 - Associations/Institutions carrying out rural development programmes?Guidelines for approval under section 35CCA of the Income-Tax Act, 1961  Dated 13/07/1978
SECTION 35CCA Associations/Institutions carrying out rural development programmesGuidelines for approval under section 35CCA of the Income-Tax Act, 1961 Circular No. 244F. No. 203/401/78-I.T.A.-... Read More

• 37 - PAC?45th Report of the PAC (1977-78) Recommendations at Para 1?47?Instruction Regarding  Dated 12/07/1978
PAC45th Report of the PAC (1977-78) Recommendations at Para 147Instruction Regarding DI(IT) Circular No. 37F. No. Audit 9/78-79/DIT, dated 12th July, 1978 from DI(IT) Bulletin No. XXIV/I/73, page... Read More

• 27 - Introduction of Assessee-wise tabulation of arrears during 1978-79  Dated 07/07/1978
Introduction of Assessee-wise tabulation of arrears during 1978-79 DOMS CIRCULAR NO. 27, Dated 7-7-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX) AIWAN-E-GHALIB MATA SUN... Read More

• 26 - Receipt Accounting Procedure Tax Making Changes in Classification  Dated 30/06/1978
Receipt Accounting Procedure Tax Making Changes in Classification DOMS CIRCULAR NO. 26, Dated 30-6-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX), AIWAN-E-GHALIB, ____ MA... Read More

• 44?C. No. 22/4/76-AP-DOMS (V. of II), CBDT Bulletin No. XXIV/1/47 - Selection of the appropriate form of challan for payment of Direct Taxes and its proper filling up by the taxpayers ? regarding  Dated 27/06/1978
Selection of the appropriate form of challan for payment of Direct Taxes and its proper filling up by the taxpayers regarding DOMS Circular No. 44C. No. 22/4/76-AP-DOMS (V. of II), dated 27-6-19... Read More

• 28 - Maintenance of Blue Book ? Checking of entries to avoid omissions to Record pending proceedings ?  Dated 27/06/1978
DOMS CIRCULAR NO.28, Dated 7-8-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI 110002. F.No.22/16/77-OD/DOMS/ Dated 7th August,... Read More

• 25 - Maintenance of Arrear Ledger Account for assessees ? Proformae of the Arrear Ledger Account for WT >  Dated 27/06/1978
DOMS CIRCULAR NO. 25, Dated 3-7-1978 F.No.3(8)/73-(AP)/DOMS(VIII) Dated 3rd July, 1978 Subject: Maintenance of Arrear Ledger Account for assessees Proformae of the Arrear Ledger Account for WT... Read More

• 24 - Suspense Challans  Dated 27/06/1978
DOMS CIRCULAR NO. 24, Dated 27-6-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX), AIWAN-E-GHALIB MATA SUNDRI LANE, NEW DELHI-110002 F. No. 22/4/76-AP-DOMS Dated 27.6.1978 ... Read More

• 23 - System of Accounting for Direct Taxes Receipts and Refunds ? Procedure for transfer of refund advice notes  Dated 23/06/1978
DOMS CIRCULAR NO. 23, Dated 23-6-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX), AIWAN-E-GHALIB MATA SUNDRI LANE, NEW DELHI-110002 F. No. 22/4/76-AP/DOMS/ (Vol.II) Dated: ... Read More

• 243 - Interest on reinvestment deposit schemes/recurring deposit schemes/cash certificates, etc. Treatment thereof under section 80L  Dated 22/06/1978
Interest on reinvestment deposit schemes/recurring deposit schemes/cash certificates, etc. Treatment thereof under section 80L Circular No. 243F. No. 178/65/77-IT(AI), dated 22-6-1978 1. Severa... Read More

• 35 - Tax calculations?Responsibility of checking at prescribed levels?Action to be taken for failure to follow Board's instructions  Dated 22/06/1978
Tax calculationsResponsibility of checking at prescribed levelsAction to be taken for failure to follow Board's instructions Circular No. 35-F No. Audit-9/78-79/DIT, dated 22-6-1978 from Director... Read More

• 22 - Action Plan for Tax Recovery Officers for 1978-79  Dated 12/06/1978
DOMS CIRCULAR NO. 22, Dated 12-6-1978 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX) AIWAN-E-GHALIB MATA SUNDRI LANE, NEW DELHI-110002 F. No. 17/2/78-TRO/DOMS Dated: 12-6-78 ... Read More

• 32 - High demand appeals ? Clarification regarding  Dated 03/06/1978
High demand appeals Clarification regarding (Circular No. 32F. No. M-36/26/9/77/DIT, dated 3-6-1978 from Directorate of Inspection (Income-tax), CBDT Bulletin No. XXIV/1/53 page 154.) The Board ... Read More

• 21 - Maintenance of Arrear Ledger Account for Assessees  Dated 20/05/1978
DOMS CIRCULAR NO. 21, Dated 20-5-1978 F. No. 3 (8)/ 73-(AP)/ DOMS (VIII)/ Dated the 20th May, 1978. Maintenance of Arrear Ledger Account for Assessees. The Committee of experts on a... Read More

• 240 - FINANCE ACT, 1978 - CIRCULAR NO. 240, DATED 17-5-1978  Dated 17/05/1978
FINANCE ACT, 1978 - CIRCULAR NO. 240, DATED 17-5-1978 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Interest-tax Act Amendments to Compulsory Deposit Scheme (In... Read More

• 239 - Section 89(1) of the Income-tax Act, 1961 read with section 8(2) of the Additional Emoluments (Compulsory Deposit) Act, 1974  Dated 16/05/1978
Section 89(1) of the Income-tax Act, 1961 read with section 8(2) of the Additional Emoluments (Compulsory Deposit) Act, 1974Relief in cases where a payment of the entire deposit is made due to ext... Read More

• 238 - Instructions for deduction of tax at source from interest on securities during financial year 1978-79 at the rates specified in Part III of First Schedule to Finance Bill, 1978  Dated 28/04/1978
FINANCIAL YEAR 1978-79 Instructions for deduction of tax at source from interest on securities during financial year 1978-79 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 237 - Instructions for deduction of tax at source from insurance commission during financial year 1978-79 at the rates specified in Part II of First Schedule to Finance Bill, 1978  Dated 15/04/1978
Financial Year 1978-79 Instructions for deduction of tax at source from insurance commission during financial year 1978-79 at the rates specified in Part II of First Schedule to Finance Bill, 197... Read More

• 236 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1978-79 at the rates specified in Part II of First Schedule to Finance Bill, 1978  Dated 15/04/1978
FINANCIAL YEAR 1978-79 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1978-79 at the rates specified in Part II of First Schedule... Read More

• 21/78 - Assessment of Firms ? Amounts not deductible ? Provision of Sec. 40(B)  Dated 28/03/1978
Assessment of Firms Amounts not deductible Provision of Sec. 40(B) D.I.T. Circular No. 21/78F. No. R.A.-9/49/76, dated the 28-3-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No. ... Read More

• 20/78 - Under Assessment due to the double Adjustment of Tax deducted at source  Dated 17/03/1978
Under Assessment due to the double Adjustment of Tax deducted at source D.I.T. Circular No. 20/78-F. No. R-A-9/222/77, dated 17-3-1978 from Directorate of Inspection (Income-tax), CBDT Bulletin N... Read More

• 18/78 - Preservation of assessment recovery records  Dated 10/03/1978
Preservation of assessment recovery records [D.I.T. Circular No. 18/78F. No. Audit-6/77-78/D.I.T., dated the 10-3-1978 from Directorate of Inspection (Income-tax), CBDT Bulletin No. XXIII/I/178Pa... Read More

• 19/78?F. No. 1-6-76/D.I.T - Guidelines for inspections by I.A.Cs?supplement.  Dated 08/03/1978
Guidelines for inspections by I.A.Cssupplement. [D.I.T. Circular No. 19/78F. No. 1-6-76/D.I.T. dated, 8-3-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No. XXIII/I/79, Page 634] ... Read More

• 17/78 - Registers to be Maintained by Internal Audit Parties/SAPs, ITO (IA) SAP, Chief Auditor and IAC (Audit)  Dated 02/03/1978
Registers to be Maintained by Internal Audit Parties/SAPs, ITO (IA) SAP, Chief Auditor and IAC (Audit) D.I.T. Circular No. 17/78F. No. Audit 9/77-78/D.I.T./31, dated the 2-3-1978 from Directorate... Read More

• 16/78 - Charging of interest?Directions by the I.T.Os. in assessment order  Dated 02/03/1978
Charging of interestDirections by the I.T.Os. in assessment order D.I.T. Circular No. 16/78-F. No. Audit-9/77-78/2/D.I.T., dated 2-3-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin... Read More

• 15/78 - Objections Raised by Audit-Remedial Action Thereon?  Dated 02/03/1978
Objections Raised by Audit-Remedial Action Thereon DIT Circular No. 15/78F. No. Audit 9/77-78/DIT, dated the 2-3-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No. XXIII/I/75, pag... Read More

• 14/78 - C & AG's Report?1976-77?Action Regarding Audit Memos  Dated 25/02/1978
C AG's Report1976-77Action Regarding Audit Memos D.I.T. Circular No. 14/78F. No. Audit 9/77-78/DIT, dated the 25-2-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No.XXIII/I/174, p... Read More

• 18/78 - Revenue Audit Objections?Charge of Additional Wealth-tax on Urban Assets in Excess of Rs.5 Lakhs?Question Regarding  Dated 23/02/1978
Revenue Audit ObjectionsCharge of Additional Wealth-tax on Urban Assets in Excess of Rs.5 LakhsQuestion Regarding DIT, Circular No. 18/78F. No. Audit 9/77-78/D.I.T., dated the 23-2-1978 from Dire... Read More

• 12/78 - High demand appeals ? Clarification regarding  Dated 23/02/1978
High demand appeals Clarification regarding (D.I.T. Circular No, 12/78 F. No. M-36/26/9/D.I.T./77, dated 23-2-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No. XXIII/1/172 page 6... Read More

• 11/78 - Scope of Personal Checking by IAC (Audit) & ITO (Internal Audit) in Refund Cases-Change in the Definition of priority cases to include Refund Cases  Dated 18/02/1978
Scope of Personal Checking by IAC (Audit) ITO (Internal Audit) in Refund Cases-Change in the Definition of priority cases to include Refund Cases D.I.T. Circular No. 11/78F. No. Audit 9/77-78/DIT... Read More

• 7/78 - Under-charge?Incorrect computation of income from business?Compensation chargeable under the Cotton Textiles (Control) Order, 1948?Whether allowable as deduction  Dated 31/01/1978
Under-chargeIncorrect computation of income from businessCompensation chargeable under the Cotton Textiles (Control) Order, 1948Whether allowable as deduction D.I.T. Circular No. 7/78F. No. RA-9/... Read More

• 5/78 - Internal Audit?Cases to be included  Dated 24/01/1978
Internal AuditCases to be included D.I.T. Circular No. 5/78F. No. Audit 9/77-78/D.I.T., dated the 24-1-1978 from Directorate of Inspection (Income-tax)CBDT Bulletin No. XXIII/I, page 618 Accordi... Read More

• 21?F. No. 10/3/76 - Press Note from Press Information Bureau particulars of Expenditure and Assets not to be filled in the form of Return  Dated 20/01/1978
Procedure for Receipt and Filing of Tax Returns DOMS Circular No. 21F. No. 10/3/76WSDOMS, dated the 20-1-1978 from Directorate of O. M. Services (I.T.)-CBDT Bulletin No. XXIII/I/162, page 608. P... Read More

• 3/78 - Internal Audit of Receipt Accounting?  Dated 13/01/1978
Internal Audit of Receipt Accounting D.I.T. Circular No. 3/78D.O. F. No. Audit 6/77-78/DIT, dated the 13-1-1978 from Directorate of Inspection (Income-tax) CBDT Bulletin No. XXIII/I/66, page 613 ... Read More

• 2/78 - Working of the Scheme of Receipt Accounting?Internal Audit of  Dated 11/01/1978
Working of the Scheme of Receipt AccountingInternal Audit of D.I.T. Circular No. 2/78F. No. D.O. No. Audit 6/77-78/DIT, dated the 11-1-1978 from Directorate of Inspection (Income-tax) Bulletin No... Read More

• IA/78 - C and AG's Report, 1976-77?Action Regarding Audit Memos?Receipt Audit and Internal Audit  Dated 02/01/1978
C and AG's Report, 1976-77Action Regarding Audit MemosReceipt Audit and Internal Audit DIT Circular No. IA/78F. No. Audit 9/77-78/DIT, dated the 2-1-1978 from DI(I.T.) CBDT No. XXIII/ I/164, page... Read More

• 235 - Exemption limit raised - Employees drawing salary between Rs. 8,000 and Rs. 10,000 - Adjustment of tax deducted at source during financial year 1977-78 against tax deductible from sal­aries  Dated 19/12/1977
Exemption limit raised - Employees drawing salary between Rs. 8,000 and Rs. 10,000 - Adjustment of tax deducted at source during financial year 1977-78 against tax deductible from salaries 1. Att... Read More

• 328 [F. No. 296/22/80-ED] - What should be the period for which interest under sub-section (7) is allowable  Dated 18/12/1977
SECTION 64 l REFERENCE TO HIGH COURT 1767. What should be the period for which interest under sub-section (7) is allowable 1. Vide the Boards Instruction No. 1318, dated 12-3-1980 issued from F.... Read More

• 234 [F. No. 296/9/77-ED] - Mistake arising as a result of subsequent interpretation of law by Supreme Court - Whether constitute mistake apparent from the record  Dated 17/12/1977
SECTION 61 l RECTIFICATION of MISTAKES 1766. Mistake arising as a result of subsequent interpretation of law by Supreme Court - Whether constitute mistake apparent from the record 1. Attention i... Read More

• 233 - Central Government Employee? Insurance Scheme?Availability of relief under section 80C of the I.T. Act, 1961 to contributions made under this scheme  Dated 05/12/1977
Central Government Employee Insurance SchemeAvailability of relief under section 80C of the I.T. Act, 1961 to contributions made under this scheme Board's Circular No. 233F. No. 178/33/77-IT(A-I)... Read More

• 232 [F. No. 385/79/77-IT(B)] - Selection of appropriate challan for payment of direct taxes and its proper filling up by taxpayer  Dated 26/11/1977
1067. Selection of appropriate challan for payment of direct taxes and its proper filling up by taxpayer 1. Challans for the payment of (a) advance tax, (b) tax deducted at source, and (c) self-a... Read More

• 231 - Guidelines for approval of programme of rural development required to be obtained for the purposes of deduction of expenditure thereon under sub-section (1)  Dated 14/11/1977
SECTION 35CC4 l RURAL DEVELOPMENT ALLOWANCE 328. Guidelines 5for approval of programme of rural development required to be obtained for the purposes of deduction of expenditure thereon under sub-... Read More

• 230 - Hearing of cases by Income-tax Officer?Time for Attendance?Specification of  Dated 27/10/1977
SECTION 143 ASSESSMENT HEARINGS Part 1 Hearing of cases by Income-tax OfficerTime for AttendanceSpecification of Circular No. 230-F. No. 225/109/77-ITA-II, dated the 27th October, 1977 from C.... Read More

• Letter F. No. 10/3/76-WS-DOMS/5273 - Procedure for Receipt & Filing of Tax Returns  Dated 03/10/1977
Procedure for Receipt and Filing of Tax Return Letter F. No. 10/3/76-WS-DOMS/5273, dated the 3rd October, 1977 from Directorate of OM Services (Income-tax)C.B.D.T. Bulletin No. XXIII/I/125, page ... Read More

• 229 - FINANCE (NO. 2) ACT, 1977 - CIRCULAR NO. 229, DATED 9-8-1977  Dated 09/08/1977
FINANCE (NO. 2) ACT, 1977 - CIRCULAR NO. 229, DATED 9-8-1977 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments ... Read More

• 228 - Instructions for deduction of tax at source from interest on securities during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance Bill, 1977  Dated 14/07/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from interest on securities during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 227 - Instructions for deduction of tax at source from insurance commission during financial year 1977-78 at the rates specified in Part II of First Schedule to Finance (No. 2) Bill, 1977  Dated 14/07/1977
Financial Year 1977-78 Instructions for deduction of tax at source from insurance commission during financial year 1977-78 at the rates specified in Part II of First Schedule to Finance (No. 2) B... Read More

• 226 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1977-78  Dated 14/07/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1977-78 at the rates specified in Part II of First Schedule... Read More

• 20 - Procedure for Receipt & Filing of Tax Returns  Dated 05/07/1977
Procedure for Receipt Filing of Tax Returns DOMS CIRCULAR NO. 20, Dated 20-1-1978 DIRECTORATE OF O M SERVICES (INCOME TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI-110002 ********** F... Read More

• 225 - Instructions for deduction of tax at source from salary during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance (No. 2) Bill, 1977  Dated 30/06/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from salary during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance (No. 2) Bill, 1977 CL... Read More

• 224?CBDT F. No. 220/8/77-ITA-II - Explanation to section 185(1) of the Income Tax Act, 1961?Filing of form No. 12A in the case of a coparcener of HUF being a partner in a firm  Dated 22/06/1977
Explanation to section 185(1) of the Income Tax Act, 1961Filing of form No. 12A in the case of a coparcener of HUF being a partner in a firm Clarification regarding (Circular No. 224CBDT F. No. 2... Read More

• 19 - Action plan for Tax Recovery Officers for 1977-78  Dated 22/06/1977
DOMS CIRCULAR NO. 19, Dated 22-6-1977 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI-110002 F.No. 17/71/77-WS/DOMS/ Dated: 22.6.77 ... Read More

• 223 [F. No. 220/13/77-IT (A-II] - Requirement of furnishing statement of payment along with return of income - Limit raised to Rs. 1,000 - Mode of compliance under sub-section (4)  Dated 15/06/1977
Section 133 l Power To Call For Information Requirement of furnishing statement of payment along with return of income - Limit raised to Rs. 1,000 - Mode of compliance under sub-section (4) 1. U... Read More

• 222 [F.No. 317/48/76-WT] - Whether deposit under ?own your telephone? scheme is ?asset? within the meaning of clause (e)  Dated 10/06/1977
SECTION 2(e) l ASSETS 1553. Whether deposit under own your telephone scheme is asset within the meaning of clause (e) 1. The Board have examined the question whether the deposit made under own y... Read More

• 221 - Section 69D of the Income-tax Act?Clarification regarding  Dated 06/06/1977
SECTION 69D l AMOUNT BORROWED/REPAID ON HUNDI 520. Whether provisions of the section are applicable to darshani hundi transactions 1. Reference is invited to Boards Circular No. 208 [F. No. 208/... Read More

• 220 - Section 40A(3) of the Income-Tax Act, 1961?Rule 6DD(J) of the Income-Tax Rules, 1962? Clarification regarding  Dated 31/05/1977
Section 40A(3) of the Income-Tax Act, 1961Rule 6DD(J) of the Income-Tax Rules, 1962 Clarification regarding Circular No. 220-CBDT F. No. 206/17/76-IT, AII, dated 31-5-1977CBDT Bulletin Tech. XXII... Read More

• 219 [F. No. 333/1/76-GT] - Realignment of profit sharing ratio among partners - Method of determination of value of gift arising thereby in the case of partner who has right to share in assets of firm  Dated 30/05/1977
1678. Realignment of profit sharing ratio among partners - Method of determination of value of gift arising thereby in the case of partner who has right to share in assets of firm In exercise of ... Read More

• 218 - Investment in national savings certificate etc.?exemption of holdings in the name of minor children  Dated 30/04/1977
Investment in national savings certificate etc.exemption of holdings in the name of minor children Circular No. 218CBDT No. 184/5/76-IT(AI), dated 30th April, 1977CBDT Bulletin Tech. XXIII/I. N... Read More

• 385/12/77-IT(B) - Facility of payment of direct taxes through all branches of State Bank of India and other authorised banks by cash/cheque/draft  Dated 31/03/1977
1068. Facility of payment of direct taxes through all branches of State Bank of India and other authorised banks by cash/cheque/draft 1. Up to March 31, 1976, income-tax and other direct taxes we... Read More

• 217 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1977-78  Dated 31/03/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1977-78 at the rates specified in Part II of First Schedule... Read More

• 216 - Instructions for deduction of tax at source from insurance commission during financial year 1977-78 at the rates specified in Part II of First Schedule to Finance (No. 2) Bill, 1977  Dated 31/03/1977
Financial Year 1977-78 Instructions for deduction of tax at source from insurance commission during financial year 1977-78 at the rates specified in Part II of First Schedule to Finance (No. 2) B... Read More

• 215 - Instructions for deduction of tax at source from interest on securities during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance Bill, 1977  Dated 31/03/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from interest on securities during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 214 - Instructions for deduction of tax at source from salary during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance (No. 2) Bill, 1977  Dated 30/03/1977
FINANCIAL YEAR 1977-78 Instructions for deduction of tax at source from salary during financial year 1977-78 at the rates specified in Part III of First Schedule to Finance (No. 2) Bill, 1977 CL... Read More

• 213 - Textile made wholly or mainly of cotton - Item 21 of Ninth Schedule - Interpretation of word ?mainly? - Sub-clause (iii) of clause (b) of sub-section (2)  Dated 14/03/1977
283. Textile made wholly or mainly of cotton - Item 21 of Ninth Schedule - Interpretation of word mainly - Sub-clause (iii) of clause (b) of sub-section (2) 1. Section 32A, introduced by the Fina... Read More

• 18 - Procedure for receipt & filing of Tax Returns  Dated 14/03/1977
DOMS CIRCULAR NO.18, Dated 14-3-1977 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX), AIWAN-E-GHALIB, MATA SUNDRI LATE, NEW DELHI 110002, F.No.10/3/76-WS/DOMS/ Dated the 14th ... Read More

• F. No. 10/3/76?WS/DOMS - Procedure for Receipt and Filling of Tax Returns  Dated 14/03/1977
Procedure for Receipt and Filling of Tax Returns F. No. 10/3/76WS/DOMS, dated the 14th March, 1977 from the Directorate of Organisation Management Services (Income-Tax) It has been decided to ma... Read More

• 212 - Section 32(1)(iii) of the Income-Tax Act, 1961?meaning of "Actually written off"?Clarification regarding  Dated 26/02/1977
Section 32(1)(iii) of the Income-Tax Act, 1961meaning of Actually written offClarification regarding Circular 212, dated 26-2-1977CBDT F. No. 202/84/75-ITA-IICBDT Bulletin XXII/II/734. So long ... Read More

• 211 - Section 10(5) of the Income-tax Act, 1961?meaning of "Home District"?Clarification regarding  Dated 26/02/1977
Section 10(5) of the Income-tax Act, 1961meaning of Home DistrictClarification regarding Circular No. 211, dated 26th February, 1977CBDT F. No. 184/29/76-IT(AI), CBDT Bulletin Tech. XXII/ 733. ... Read More

• 210 - The Companies (Temporary Restrictions on Dividends) Amendment Act, 1975?Deferred Dividends?Whether taxable in the year of deduction Clarification regarding  Dated 25/02/1977
CHAPTER II BASIS OF CHARGES Section 5 SCOPE OF TOTAL INCOME The Companies (Temporary Restrictions on Dividends) Amendment Act, 1975Deferred DividendsWhether taxable in the year of deduction Cl... Read More

• 209-CBDT F. No. 212/485/76-IT(A-II) - Section 244(1A) of the Income-tax Act? Need for Giving Appeal Effects, Etc., Promptly  Dated 11/01/1977
Section 244(1A) of the Income-tax Act Need for Giving Appeal Effects, Etc., Promptly [Circular No. 209-CBDT F. No. 212/485/76-IT(A-II), dated 11-1-1977 CBDT Bulletin Tech. XXII/731.] The provisi... Read More

• 208 - Hundies?Payments by account payee cheques ?Section 69D of the Income-tax Act, 1961? Clarification regarding  Dated 15/11/1976
HundiesPayments by account payee cheques Section 69D of the Income-tax Act, 1961 Clarification regarding Circular 208-CBDT F. No. 208/7/76-ITA-II, dated 15-11-76CBDT Bulletin Tech. XXII/653 The... Read More

• 17 - Utilisation of Information in Application under Section 230A?Inter-related Actions under various Direct Taxes  Dated 28/10/1976
Utilisation of Information in Application under Section 230AInter-related Actions under various Direct Taxes DOMS CIRCULAR NO. 17, Dated 28-10-1976 Directorate of Aiwan-e-Ghalib, ORGANISATION M... Read More

• 43 - Estimates Committee?29th Report (7th Lok Sabha) recommendations?Made in para 2.35  Dated 22/10/1976
Estimates Committee29th Report (7th Lok Sabha) recommendationsMade in para 2.35 DOMS Circular No. 43, F. No. 10/3/76-WS-DOMS Dated 22-10-1982. The Board desires that the formal acknowledgements ... Read More

• 17 - Utilisation of Information in Application under Section 230A?Inter-related Actions under various Direct Taxes?  Dated 28/09/1976
Utilisation of Information in Application under Section 230AInter-related Actions under various Direct Taxes DOMS Circular No. 17F. No. 3/2/75-OD-ODMS/6930-7001, dated the 28th October, 1976 from... Read More

• 207?F. No. 220/20/76-IT-AII - Explanation to section 185(1) of the Income Tax Act, 1961?Filing of form No. 12A in the case of Karta of H.U.F. being a partner in a firm - Clarification regarding  Dated 24/09/1976
Explanation to section 185(1) of the Income Tax Act, 1961Filing of form No. 12A in the case of Karta of H.U.F. being a partner in a firm - Clarification regarding Circular No. 207F. No. 220/20/76... Read More

• 206 - The Payment of Bonus (Amendment) Act, 1976 amendment to section 36(1)(ii) of the Income-Tax Act, 1961?Effect thereof?Clarification regarding  Dated 09/08/1976
The Payment of Bonus (Amendment) Act, 1976 amendment to section 36(1)(ii) of the Income-Tax Act, 1961Effect thereofClarification regarding Circular No. 206F. No. 204/64/75-ITA.II. dated 9-8-1976 ... Read More

• 16 - Receipt & Filing of Application for Tax Clearance Certificate under Section 230A of the Income-tax Act 1961  Dated 06/08/1976
Receipt Filing of Application for Tax Clearance Certificate under Section 230A of the Income-tax Act 1961Procedure Regarding DOMS Circular No. 16DOMS (I. Tax) F. No. 3/2/75-ODDOMS 3797-3868 dated... Read More

• 205 - Maintenance of books of account?Section 44AA of the Income-Tax Act, 1961?Date from which effective?Clarification regarding  Dated 27/07/1976
SECTION 44AA Maintenance of books of accountSection 44AA of the Income-Tax Act, 1961Date from which effectiveClarification regarding Circular No. 205F. No. 201/50/76-IT-AII, dated 27-7-76CBDT Bu... Read More

• 204 - TAXATION LAWS (AMENDMENT) ACT, 1975  Dated 24/07/1976
TAXATION LAWS (AMENDMENT) ACT, 1975 - CIRCULAR NO. 179, DATED 30-9-1975, CIRCULAR NO. 197, DATED 17-4-1976 AND CIRCULAR NO. 204, DATED 24-7-1976 PART I Amendments at a glance Amendments to Incom... Read More

• 203 - Disallowances of expenditure on advertisements in souvenirs  Dated 16/07/1976
Disallowances of expenditure on advertisements in souvenirs Circular No. 203F. No. 204/29/76-IT(AII), dated 16-7-1976CBDT Bulletin Tech. XXII/332 Souvenirs are one of the recognised media of pu... Read More

• 202 - FINANCE ACT, 1976 - CIRCULAR NO. 202, DATED 5-7-1976  Dated 05/07/1976
FINANCE ACT, 1976 - CIRCULAR NO. 202, DATED 5-7-1976 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Compulsory Deposit Scheme (Income-tax Payers) Act Amendments ... Read More

• 201 - Summary assessment scheme?Steps taken for accelerating the pace of assessments  Dated 05/07/1976
Summary assessment schemeSteps taken for accelerating the pace of assessments Circular No. 201-CBDT F. No. 237/16/76-APAC-II, dated 5-7-1976 CBDT Bulletin XXII/I/37, page 331. The procedural in... Read More

• 14 - Review of forms in ITNS series - Amended specimen regarding ?  Dated 03/07/1976
DOMS CIRCULAR NO. 14, Dated 3-7-1976 F.No.6/5/76-MIS-DOMS/2406-2479 Directorate of Organization Management Services (Income-tax), Aiwan-e-Ghalib, Mata Sundri Lane, New Delhi 110001. Dat... Read More

• 200 - Disallowance of expenditure on advertisement in souvenirs  Dated 28/06/1976
Disallowance of expenditure on advertisement in souvenirs Circular No. 200CBDT F. No. 204/29/76-T.T.(A-II), dt. 28-6-76CBDT Bulletin XXII, page 7. No distinction need be drawn between expenditu... Read More

• 13 - PROCEDURE FOR RECEIPT & FILING OF TAX RETURNS  Dated 03/06/1976
PROCEDURE FOR RECEIPT FILING OF TAX RETURNS D.O.M.S. CIRCULAR NO. 13, Dated 3-6-1976 XXII/I/31-PROCEDURE FOR RECEIPT FILING OF TAX RETURNS Income-tax officers all over the country will be recei... Read More

• 12 - Action Plan for Tax Recovery Officers For 1976-77  Dated 17/05/1976
DOMS CIRCULAR NO. 12, Dated 17-5-1976 DIRECTORATE OF ORGANISATION MANAGEMENT SERVICES (INCOME-TAX), AIWAN-E-GHALIB, MATA SUNDRI LANE, NEW DELHI 110001. . . . . . . F.No. 14/2/76-DOMS/89... Read More

• 10 - Review of forms in ITNS series ?Amended specimen regarding ?  Dated 22/04/1976
DOMS CIRCULAR NO. 10, Dated 22/4/1976 DIRECTORATE OF AIWAN-E-GHALIB ORGANISATION MANAGEMENT SERVICES MATA SUNDRI LANE (INCOME-TAX) NEW DELHI-110001 F.No. 4/12/73-DOMS/ PHONE: 275751 GRAMS: ... Read More

• 197 - TAXATION LAWS (AMENDMENT) ACT, 1975  Dated 17/04/1976
TAXATION LAWS (AMENDMENT) ACT, 1975 - CIRCULAR NO. 179, DATED 30-9-1975, CIRCULAR NO. 197, DATED 17-4-1976 AND CIRCULAR NO. 204, DATED 24-7-1976 PART I Amendments at a glance Amendments to Incom... Read More

• 11 - Proceedings under sections 144A and 144B of the Income-tax Act, 1961 - Procedural Instructions regarding  Dated 08/04/1976
SECTIONS 144A 144B Proceedings under sections 144A and 144B of the Income-tax Act, 1961 - Procedural Instructions regarding DOMS Circular No. 11-From CBDT Bulletin No. XXII/1/29, page 251-F. No.... Read More

• F. No. 221/16/73-IT A. II from CBDT Bulletin No. XXII/I/26-page, 248 - Pilot Scheme?Production of Income-tax Clearance Certificate?Intimation of Payments made by Government Agencies to the Income-tax Department  Dated 01/04/1976
Pilot SchemeProduction of Income-tax Clearance CertificateIntimation of Payments made by Government Agencies to the Income-tax Department D/Revenue and Banking O.M. F. No. 221/16/73-IT A. II date... Read More

• 196 - Deduction of Tax at source Income-tax Deduction from Salaries  Dated 31/03/1976
Deduction of Tax at source Income-tax Deduction from Salaries Circular No. 196, Min. of Fin. (Deptt. of Rev. Banking) F. No. 275/29/76ITJ dated 31-3-1976 XXI/I/140Page 333. If the disbursing aut... Read More

• 195 - Instructions for deduction of tax at source from salary during financial year 1976-77 at the rates specified in part III of First Schedule to Finance Bill, 1976  Dated 25/03/1976
FINANCIAL YEAR 1976-77 Instructions for deduction of tax at source from salary during financial year 1976-77 at the rates specified in part III of First Schedule to Finance Bill, 1976 1. I am di... Read More

• 194 - Contributions to Family Pension Fund?Admissible for deduction under Section 80C  Dated 20/03/1976
543. Contributions to family pension fund established under Employees Provident Fund and Family Pension Fund Act -Whether covered under clause (a)(ii) of sub-section (2) 1. The question whether c... Read More

• 193 - Instructions for deduction of tax at source from interest on securities during financial year 1976-77 at the rates specified in Part III of First Schedule to Finance Bill, 1976  Dated 20/03/1976
FINANCIAL YEAR 1976-77 Instructions for deduction of tax at source from interest on securities during financial year 1976-77 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 192 - Expenditure incurred by employers on training of apprentices covered under the Apprentices Act 1961?Allowability thereof?section 37(1) of the Income-tax Act, 1961?Clarification regarding  Dated 10/03/1976
Expenditure incurred by employers on training of apprentices covered under the Apprentices Act 1961Allowability thereofsection 37(1) of the Income-tax Act, 1961Clarification regarding. Circular N... Read More

• 191 - Section 230A of the Income-tax Act, 1961?Whether Certificate Required when Government is Transferor?  Dated 04/03/1976
Section 230A of the Income-tax Act, 1961Whether Certificate Required when Government is Transferor Circular No. 191CBDT F. No. 358/9/73-IT (WT) dated 4-3-1976 CBDT Bulletin XXI/I/135, page 317. ... Read More

• 190 - Subsidy receipt under "10 per cent central outright grant of subsidy scheme, 1971"?Actual cost of assets for purposes of allowance of depreciation and development rebate  Dated 01/03/1976
Subsidy receipt under 10 per cent central outright grant of subsidy scheme, 1971Actual cost of assets for purposes of allowance of depreciation and development rebateSection 43(1) of the Income-Ta... Read More

• 9 - Review of forms in ITNS series-Amended specimen regarding ?  Dated 12/02/1976
DOMS - CIRCULAR(INSTRUCTION) NO. 9, Dated 12-2-1976 DIRECTORATE OF AIWAN-E-GHALIB ORGANISATION MANAGEMENT SERVICES MATA SUNDRI LANE (INCOME TAX) NEW DELHI-110001 F. No. 4/12/73-DOMS/5203-52... Read More

• 189 - Allowance of development rebate?Clarification regarding  Dated 30/01/1976
Allowance of development rebateClarification regarding Circular No. 189CBDT F. No. 228/8/72-ITA-II, dated 30-1-1976, CBDT Bulletin XXI/I/133, page 314 Reference is invited to Boards Circular F.... Read More

• 188 [F. No. 142/(7)/74-TPL] - Whether notifications fixing rate of interest issued under rule 6 have only prospective effect  Dated 06/01/1976
Fourth Schedule - Part A l Recognised Provident Fund 1541. Whether notifications fixing rate of interest issued under rule 6 have only prospective effect 1. Under rule 6(b) of Part A of the Four... Read More

• 187 - Section 80-O of the Income-tax Act, 1961 ? Guidelines for approval of agreements  Dated 23/12/1975
Section 80-O of the Income-tax Act, 1961 Guidelines for approval of agreements Circular No. 187, F. No. 473/15/73-FTD, dated the 23rd December, 1975 from CBDT Bulletin Vol. XXI, page 194 With t... Read More

• 186 - Income-tax Clearance Certificate to Contractors?Issue of? Denial on Levy of Penalty for Concealment/Conviction?Instructions Regarding  Dated 23/12/1975
Income-tax Clearance Certificate to ContractorsIssue of Denial on Levy of Penalty for Concealment/ConvictionInstructions Regarding Circular No. 186CBDT F. No. 221/21/75-IT A. II dated 23-12-1975 ... Read More

• 185 - Exemption limit of income raised from Rs. 6,000 to Rs. 8,000 by Finance (Amendment) Act, 1975 - Employers permitted to make adjustments of tax deducted at source against tax deductible from salaries  Dated 18/12/1975
Exemption limit of income raised from Rs. 6,000 to Rs. 8,000 by Finance (Amendment) Act, 1975 - Employers permitted to make adjustments of tax deducted at source against tax deductible from salari... Read More

• 8 - Review of forms in ITNS Series Amended specimen regarding ?  Dated 26/11/1975
DOMS CIRCULAR NO. 8, Dated 26-11-1975 DIRECTORATE OF AIWAN-E-GHALIB ORGANISATION MANAGEMENT SERVICES MATA SUNDRI LANE (INCOME-TAX) NEW DELHI-110001 F.No. 4/12/73-DOMS/ To All Commission... Read More

• 184 - The voluntary disclosure of income and wealth ordinance 1975?Clarification regarding  Dated 14/11/1975
The voluntary disclosure of income and wealth ordinance 1975Clarification regarding Circular No. 184CBDT F. No. 283/I/75 IT(Inv.) dated 14-11-1975 CBDT Bulletin XXI/I/86 page 190 The Board has c... Read More

• 183 - The voluntary disclosure of income and wealth ordinance, 1975?Clarification regarding  Dated 11/11/1975
The voluntary disclosure of income and wealth ordinance, 1975Clarification regarding Cir. No. 183/CBDT F. No. 283/I/75 IT(Inv.) dated 11-11-1975 CBDT Bulletin XXI/I/ 85 page 186 Clarifications i... Read More

• 181 - The voluntary disclosure of income and wealth ordinance, 1975-Clarification regarding  Dated 25/10/1975
The voluntary disclosure of income and wealth ordinance, 1975-Clarification regarding Circular No. 181F. No. 283/1/75-IT(Inv.) dated 25-10-1975 from CBDTCBDT Bulletin XXI /I/81 page 166 Clarific... Read More

• 180 - The compulsory deposit scheme (Income-tax payers) Act, 1974 and the scheme framed thereunder- Erroneous deposit made ? Refund thereof ? Procedure regarding  Dated 24/10/1975
The compulsory deposit scheme (Income-tax payers) Act, 1974 and the scheme framed thereunder- Erroneous deposit made Refund thereof Procedure regarding Circular No. 180. A-F. No.225/81/75-ITA. II... Read More

• 180 - The Voluntary Disclosure of Income and Wealth Ordinance, 1975?Explanatory Notes on the Provisions of  Dated 15/10/1975
The Voluntary Disclosure of Income and Wealth Ordinance, 1975Explanatory Notes on the Provisions of Circular No. 180CBDT F. No. 131/19/75-TPR, dated 15-10-1975CBDT Bulletin XXI/I/40 page 91 The ... Read More

• 179 - TAXATION LAWS (AMENDMENT) ACT, 1975  Dated 30/09/1975
TAXATION LAWS (AMENDMENT) ACT, 1975 - CIRCULAR NO. 179, DATED 30-9-1975, CIRCULAR NO. 197, DATED 17-4-1976 AND CIRCULAR NO. 204, DATED 24-7-1976 PART I Amendments at a glance Amendments to Incom... Read More

• 178 - Deductions permissible under section 80G of the Income-tax Act, 1961 in respect of donations to Prime Minister's National Relief Fund ? Proof regarding  Dated 23/09/1975
Deductions permissible under section 80G of the Income-tax Act, 1961 in respect of donations to Prime Minister's National Relief Fund Proof regarding Circular No. 178CBDT F. No. 176/82/75-IT(AI),... Read More

• 177 - FINANCE (AMENDMENT) ACT, 1975 - CIRCULAR NO. 177, DATED 15-9-1975  Dated 15/09/1975
FINANCE (AMENDMENT) ACT, 1975 - CIRCULAR NO. 177, DATED 15-9-1975 Amendments at a glance Provisions explained ... Read More

• 174 - Clubbing of minor son's/wife's share of income from firm where father/husband is a partner as Karta of the HUF etc. U/S. 64 of the I.T. Act, 1961?Guidelines thereof  Dated 19/08/1975
Clubbing of minor son's/wife's share of income from firm where father/husband is a partner as Karta of the HUF etc. U/S. 64 of the I.T. Act, 1961Guidelines thereof. Circular No. 174CBDT 237/20/75... Read More

• 175 - Recovery of tax arrears?Instructions regarding  Dated 14/08/1975
Recovery of tax arrearsInstructions regarding Circular No. 175CBDT F. No. 404/171/75-ITCC, dated 14-8-1975CBDT Bulletin XXII/I/36 page 82 The Board consider that the heavy pendency of tax arrear... Read More

• 172 - Income-Tax (Double Taxation Relief) (Dominions) Rules, 1956 ? Sections 90 and 91 of the Income Tax Act, 1961  Dated 08/07/1975
Income-Tax (Double Taxation Relief) (Dominions) Rules, 1956 Sections 90 and 91 of the Income Tax Act, 1961 Circular No. 172CBDT F. No. 501/21/73-FTD, dated 8-7-1975-CBDT Bulletin XXI/I/34, page 7... Read More

• 171 - Income-tax (Double Taxation Relief) (Aden) Rules, 1953 ? Sections 90 and 91 of the Income-Tax Act, 1961  Dated 08/07/1975
Income-tax (Double Taxation Relief) (Aden) Rules, 1953 - Present position thereunder Circular: No. 171 [F.No. 11(26)/69-FTD-1], Dated 8-7-1975 1. In exercise of the powers available under section... Read More

• 170 - Continuation of Development Rebate in certain cases?Explanation to Section 16(b) of the Finance Act, 1974?Coal fired equipment includes producer gas plants?Clarification regarding  Dated 30/06/1975
Continuation of Development Rebate in certain casesExplanation to Section 16(b) of the Finance Act, 1974Coal fired equipment includes producer gas plantsClarification regarding Circular No. 170CB... Read More

• 169 - FINANCE ACT, 1975 - CIRCULAR NO. 169, DATED 23-6-1975  Dated 23/06/1975
FINANCE ACT, 1975 - CIRCULAR NO. 169, DATED 23-6-1975 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to... Read More

• 168 [F. No. 275/43/75-ITJ] - Instructions for deduction of tax at source from interest other than interest on securities during financial year 1975-76  Dated 09/06/1975
1215. Instructions for deduction of tax at source from interest other than interest on securities during financial year 1975-76 at the rates specified in Part II of First Schedule to Finance Act, ... Read More

• 167 - Instructions for deduction of tax at source from insurance commission during financial year 1975-76 at the rates specified in Part II of First Schedule to Finance Act, 1975  Dated 09/06/1975
FINANCIAL YEAR 1975-76 Instructions for deduction of tax at source from insurance commission during financial year 1975-76 at the rates specified in Part II of First Schedule to Finance Act, 1975... Read More

• 166 - Deduction of tax at source?Income-tax deduction from salaries during 1975-76.  Dated 09/06/1975
SECTION 80FF DEDUCTION IN RESPECT OF HIGHER EDUCATION Deduction of tax at sourceIncome-tax deduction from salaries during 1975-76. Circular No. 166F. No. 275/12/75-ITJ, dated 9-6-1975-CBDT Bull... Read More

• 165 - Deduction of Income-tax at Source?Section 194B of the Income-tax Act, 1961?Deduction from Lottery and Crossword Puzzle Prizes?Financial Year 1975-76  Dated 09/06/1975
Deduction of Income-tax at SourceSection 194B of the Income-tax Act, 1961Deduction from Lottery and Crossword Puzzle PrizesFinancial Year 1975-76. (Circular No. 165Ministry of Finance (Department... Read More

• 164 [F. No. 329/3/73-GT - Whether date on which gift is made by assessee is to be excluded for the purposes of allowing rebate on advance payment of gift-tax under the section  Dated 04/06/1975
Sections 18 and 18A Assessment SECTION 18 l REBATE ON ADVANCE PAYMENTS 1682. Whether date on which gift is made by assessee is to be excluded for the purposes of allowing rebate on advance paym... Read More

• 163 [WITHDRAWN BY CIRCULAR NO. 7/2009, DATED 22-10-2009] - Non-Residents?Income Accruing or Arising through or from Business connection in India?Liability to Tax?Section 9 of the Income-tax Act, 1961  Dated 29/05/1975
Non-ResidentsIncome Accruing or Arising through or from Business connection in IndiaLiability to TaxSection 9 of the Income-tax Act, 1961 Circular No. 163, dated 29-5-75, CBDT Bulletin XXI/I/2, p... Read More

• 162A - Grant of approval to consultancy concerns under section 35D(2)(a) of the Income-Tax Act, 1961  Dated 27/05/1975
SECTION 35D Grant of approval to consultancy concerns under section 35D(2)(a) of the Income-Tax Act, 1961 Public Circular No. 162A, CBDT F. No. 203/7/71-ITA.II, dated 27-5-1975CBDT Bulletin XXI/... Read More

• 162 - Income-tax Clearance Certificate to Contractors?Issue of?Denial on Levy of Penalty for Concealment/Conviction?Instructions Regarding  Dated 24/03/1975
Income-tax Clearance Certificate to ContractorsIssue ofDenial on Levy of Penalty for Concealment/ConvictionInstructions Regarding Circular No. 162CBDT F. No. 221/21/73-IT AII, dated 24-3-1975 CBD... Read More

• 161 - Instructions for deduction of tax at source from salary during financial year 1975-76 at the rates specified in Part III of First Schedule to Finance Bill, 1975 and Finance (Amendment) Act, 1975  Dated 22/03/1975
FINANCIAL YEAR 1975-76 Instructions for deduction of tax at source from salary during financial year 1975-76 at the rates specified in Part III of First Schedule to Finance Bill, 1975 and Finance... Read More

• 160 - Instructions for deduction of tax at source from interest on securities during financial year 1975-76 at the rates specified in Part III of First Schedule to Finance Bill, 1975  Dated 18/03/1975
FINANCIAL YEAR 1975-76 Instructions for deduction of tax at source from interest on securities during financial year 1975-76 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 7 - Duties & Functions of Inspectors  Dated 29/01/1975
Directorate of AIWAN-E-GHALIB ORGANISATION MANAGEMENT SERVICES MATA SUNDRI LANE (Income-tax) New Delhi-110001 Phone: 275751 Grams: DIROM DOMS CIRCULAR NO. 7, Dated 29-1-1975 F.No. 2/1... Read More

• 159 - INTEREST-TAX ACT, 1974 - CIRCULAR NO. 159, DATED 31-12-1974  Dated 31/12/1974
INTEREST-TAX ACT, 1974 - CIRCULAR NO. 159, DATED 31-12-1974 Provisions at a glance Provisions explained ... Read More

• 158 - Amendment to section 10(3) of the Income-tax Act, 1961?Effect of withdrawal of tax exemption in respect of receipts of casual and non-recurring nature on the liability to tax of gift  Dated 27/12/1974
Amendment to section 10(3) of the Income-tax Act, 1961Effect of withdrawal of tax exemption in respect of receipts of casual and non-recurring nature on the liability to tax of gift Circular No. ... Read More

• 157?CBDT F. No. 228/8/73-IT(A-II) - Assessment of discretionery trusts under section 164/166 of the I.T. Act 1961? Correct procedure  Dated 26/12/1974
Assessment of discretionery trusts under section 164/166 of the I.T. Act 1961 Correct procedure Circular No. 157CBDT F. No. 228/8/73-IT(A-II), dated 26-12-1974 CBDT Bulletin XX/1/99, page 166. ... Read More

• 156 - Levy of income-tax on residents on income arising in and received in India from Ceylon on blocked deposit accounts in banks?Clarification regarding  Dated 23/12/1974
Levy of income-tax on residents on income arising in and received in India from Ceylon on blocked deposit accounts in banksClarification regarding Circular No. 156-F. No. 173/96/72-IT(AI), dated ... Read More

• 155 - Deduction of Tax at source under Section 195 of the Income Tax Act, 1961 from payments to Non-resident where tax is to be Borne by the Payer  Dated 21/12/1974
Deduction of Tax at source under Section 195 of the Income Tax Act, 1961 from payments to Non-resident where tax is to be Borne by the Payer (Circular No. 155CBDT F. No. 484/31/74-FTD dated 21-12... Read More

• 154 - Assessment of film producers and distributors?Amortisation of cost of production of films and acquiring of distribution rights?Instructions regarding  Dated 05/12/1974
Assessment of film producers and distributorsAmortisation of cost of production of films and acquiring of distribution rightsInstructions regarding Circular No. 154CBDT F. No. 201/5/71-ITA-II, da... Read More

• 153 - Provident Funds?Recognition under Section 3(1) of Part A of the Fourth Schedule to Income-tax Act, 1961  Dated 30/11/1974
Provident FundsRecognition under Section 3(1) of Part A of the Fourth Schedule to Income-tax Act, 1961Provident Fund Exempt U/s 17(1) of the Employees Provident Fund Act/Para 79 of E.P.F. Scheme, ... Read More

• 152 - Deduction of Tax at source under Section 195 of the Income Tax Act, 1961, from payments to Non-residents  Dated 27/11/1974
Deduction of Tax at source under Section 195 of the Income Tax Act, 1961, from payments to Non-residents. (Circular No. 152CBDT F. No. 484/31 /74-FTD-II dated 27-11-1974CBDT Bulletin XX/I/94 page... Read More

• 151 - Foreign Technical Collaboration?Payments for technical know-how, etc.?Admissibility and taxation of payments in the assessments of Indian and foreign participants to the collaboration  Dated 25/11/1974
Foreign Technical CollaborationPayments for technical know-how, etc.Admissibility and taxation of payments in the assessments of Indian and foreign participants to the collaborationWhether advance... Read More

• 150 - Income-tax (Third Amendment) Rules, 1974 -Amendment of rule 3(a)(i) of the Income-tax Rules, 1962  Dated 19/11/1974
Income-tax (Third Amendment) Rules, 1974 -Amendment of rule 3(a)(i) of the Income-tax Rules, 1962 Relating to valuation of perquisite represented by rent-free residential accommodation in certain... Read More

• 149 - Discrepancies in the figures of certified demand as per the registers of income-tax officers/ Income-tax officers, collection and tax recovery officers  Dated 18/11/1974
Discrepancies in the figures of certified demand as per the registers of income-tax officers/ Income-tax officers, collection and tax recovery officers Circular No. 149CBDT F. No. 404/217/74-ITCC... Read More

• 148 - COMPULSORY DEPOSIT  Dated 15/11/1974
Circular NO. 148, dated 15-11-1974 Explanatory Notes COMPULSORY DEPOSIT SCHEME (INCOME-TAX PAYERS) ACT, 1974 Introduction 1. The President promulgated the Compulsory Deposit Scheme (Income-t... Read More

• 147 CBDT F. No. 275/80/74-ITJ - Deduction of Income-tax from Salary under Section 192 of the Income-tax Act, 1961?  Dated 28/10/1974
Deduction of Income-tax from Salary under Section 192 of the Income-tax Act, 1961 Circular No. 147, dated 28-10-1974 [CBDT F. No. 275/80/74-ITJ] (CBDT Bulletin XX/I/87 Page 135.) In the absence ... Read More

• 145 - DIRECT TAXES (AMENDMENT) ACT, 1974 - CIRCULAR NO. 145, DATED 9-9-1974  Dated 09/09/1974
DIRECT TAXES (AMENDMENT) ACT, 1974 - CIRCULAR NO. 145, DATED 9-9-1974 Amendments at a glance Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to Com... Read More

• 144 - FINANCE (NO. 2) ACT, 1974 - CIRCULAR NO. 144, DATED 9-9-1974  Dated 09/09/1974
FINANCE (NO. 2) ACT, 1974 - CIRCULAR NO. 144, DATED 9-9-1974 Amendments at a glance Amendments to Income-tax Act ... Read More

• 143 - Audit report in Form No. 10B in terms of rule 17B - Auditor can accept as a correct list of specified persons as given by managing trustee while filing report  Dated 20/08/1974
Audit report in Form No. 10B in terms of rule 17B - Auditor can accept as a correct list of specified persons as given by managing trustee while filing report 1. Under section 12A(b), in the case... Read More

• 142 - Taxability of subsidy?Revenue receipt or capital receipt?10 per cent central outright grant of subsidy scheme, 1971?Clarification regarding  Dated 05/08/1974
34. Taxability of subsidy - Revenue receipt or capital receipt - 10 per cent Central Outright Grant of Subsidy Scheme, 1971 1. The Board had occasion to consider whether the amount of subsidy rec... Read More

• 143 - Audit report under Section 12A(b) of the Income-tax Act, 1961.  Dated 02/08/1974
Audit report under Section 12A(b) of the Income-tax Act, 1961. Circular No. 143F. No, 180/74/73-IT(AI), dated 2-8-74 from CBDTCBDT Bulletin XX/I/84, page 130. While filing the form 10B and its ... Read More

• 141 [F. No. 400/2/74-ITCC] - Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules  Dated 23/07/1974
1069. Date of encashment of cheque is the date of payment of tax in terms of rule 81 of Treasury Rules 1. Attention is invited to Boards Circular No. 3 [F.No. 16/5/69-IT(Coord.)], dated 11-2-1969... Read More

• 140 - Approval of agreement for the purposes of section 80MM?Guidelines framed thereof.  Dated 06/07/1974
Approval of agreement for the purposes of section 80MMGuidelines framed thereof. Circular No. 140, F. No. 167/231/74-IT(A-I), dated 6-7-1974 The revised guidelines for grant of approval to agre... Read More

• 138 - FINANCE ACT, 1974 - CIRCULAR NO. 138, DATED 17-6-1974  Dated 17/06/1974
FINANCE ACT, 1974 - CIRCULAR NO. 138, DATED 17-6-1974 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Companies (Profits) Surtax Act ... Read More

• 137 - Computation of Capital Gains Tax?Sale of motor car?Proviso to sections 43(1), Sub-clause (B) of Explanation 1 to section 32(1), section 43(6) and 50(1)?Clarification regarding  Dated 13/06/1974
Computation of Capital Gains TaxSale of motor carProviso to sections 43(1), Sub-clause (B) of Explanation 1 to section 32(1), section 43(6) and 50(1)Clarification regarding Circular No. 137F. No.... Read More

• 134 [F.No. 275/12/74-ITJ] - Instructions for deduction of tax at source from interest other than interest on securities during financial year 1974-75 at the rates specified in Part II of First Schedule to Finance Act, 1974  Dated 16/05/1974
1214. Instructions for deduction of tax at source from interest other than interest on securities during financial year 1974-75 at the rates specified in Part II of First Schedule to Finance Act, ... Read More

• 133 - Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1974-75 at the rates specified in Part II of First Schedule to Finance Act, 1974  Dated 29/03/1974
FINANCIAL YEAR 1974-75 Instructions for deduction of tax at source from winnings from lottery or crossword puzzle during financial year 1974-75 at the rates specified in Part II of First Schedule... Read More

• 132 - Applicability of section 52(2) of the Income-Tax Act, 1961?Clarification regarding  Dated 26/03/1974
Applicability of section 52(2) of the Income-Tax Act, 1961Clarification regarding Circular No. 132F. No. 207/II/74-ITA-II, dated 26-3-74 CBDTCBDT Bulletin XX/I/6, page 32. In cases where a capi... Read More

• 131 - Instructions for deduction of tax at source from salary during financial year 1974-75 at the rates specified in Part III of First Schedule to Finance Bill, 1974  Dated 18/03/1974
FINANCIAL YEAR 1974-75 Instructions for deduction of tax at source from salary during financial year 1974-75 at the rates specified in Part III of First Schedule to Finance Bill, 1974 1. I am di... Read More

• 130 - Income-tax (Amendment) Rules, 1974?Amendment of rule 3 relating to valuation of perquisites?Explanatory Notes on  Dated 16/03/1974
Income-tax (Amendment) Rules, 1974Amendment of rule 3 relating to valuation of perquisitesExplanatory Notes on Circular No. 130F. No. 142/4/74-TPL, dated 16-3-1974 from CBDTCBDT Bulletin No. XX /... Read More

• 129 - Instructions for deduction of tax at source from interest on securities during financial year 1974-75 at the rates specified in Part III of First Schedule to Finance Bill, 1974  Dated 12/03/1974
FINANCIAL YEAR 1974-75 Instructions for deduction of tax at source from interest on securities during financial year 1974-75 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 139 [F. No. 275/51/74-ITJ] - Instructions for deduction of tax at source from dividends during financial year 1974-75 at the rates specified in Part II of First Schedule to Finance Act, 1974  Dated 21/02/1974
1181. Instructions for deduction of tax at source from dividends during financial year 1974-75 at the rates specified in Part II of First Schedule to Finance Act, 1974 Under section 194, the prin... Read More

• 128 [F. No. 133(98) 73-TPL] - Amendments made by Income-tax (Amendment) Act, 1973 in sections 269D and 269P - Implications explained  Dated 02/02/1974
SECTIONS 269D AND 269P l PRELIMINARY NOTICE/STATEMENT OF TRANSFERS 1460. Amendments made by Income-tax (Amendment) Act, 1973 in sections 269D and 269P - Implications explained 1. The Income-tax ... Read More

• 127 - Agreement for Avoidance of Double Taxation of income between India and Pakistan  Dated 10/01/1974
Agreement for Avoidance of Double Taxation of income between India and Pakistan Circular No. 127F. No. 501/2/72-FTD, dated 10-1-74CBDT Bulletin XX/I/1 The agreement for the avoidance of Double ... Read More

• 126 - FINANCE ACT, 1973 - CIRCULAR NO. 126, DATED 26-11-1973  Dated 26/11/1973
FINANCE ACT, 1973 - CIRCULAR NO. 126, DATED 26-11-1973 Amendments at a glance Rate structure Amendments to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to Com... Read More

• 125 - Documents etc. filed before the Income-tax authorities?Amount Court fee or stamp duty to be charged  Dated 26/11/1973
Documents etc. filed before the Income-tax authoritiesAmount Court fee or stamp duty to be charged Circular No. 125 Board's F. No. 274/1/73-ITJ, dated 26-11-1973 from CBDTCBDT Bulletin XIX/I/165 ... Read More

• 4 - -  Dated 15/11/1973
DIRECTORATE OF AIWAN-E-GHALIB ORGANISATION MANAGEMENT SERVICES MATA SUNDRI LANE Dated the 29th Jan, 1974. (INCOME TAX) NEW DELHI-110002 DOMS - CIRCULAR NO. 4, Dated 29-1-1974 To All ... Read More

• 2 - XIX/V/9-Proper Co-ordination between Assessments under different DIRECT TAX Laws  Dated 15/11/1973
Circular No.2, Dated 15-11-73 XIX/V/9-Proper Co-ordination between Assessments under different DIRECT TAX Laws The Board has been deeply concerned over the lack of proper co-ordination betwee... Read More

• 124 - Provision of section 80MM of the Income-tax Act, 1961?Guidelines for approval of agreements  Dated 13/11/1973
Provision of section 80MM of the Income-tax Act, 1961Guidelines for approval of agreements Circular No. 124Board's F. No. 167/231/72-IT(AI), dated 13-11-1973 from CBDTCBDT Bulletin XIX/I/164, pag... Read More

• 123 - Sections 15B and 15C of Indian Income-tax Act, 1922 and corresponding Sections 88 and 84 of the Income-tax Act, 1961 before their deletion by Finance (No. 2) Act, 1967 w.e.f. 1-4-1968  Dated 31/10/1973
Sections 15B and 15C of Indian Income-tax Act, 1922 and corresponding Sections 88 and 84 of the Income-tax Act, 1961 before their deletion by Finance (No. 2) Act, 1967 w.e.f. 1-4-1968Rebate under ... Read More

• 122 - Taxation of perquisite value of the services of household servants provided by employees?Clarification regarding  Dated 19/10/1973
Taxation of perquisite value of the services of household servants provided by employeesClarification regarding Circular No 122Boards F No 200/3/72-IT(AI), dated 19-10-1973 from CBDT-CBDT Bullet... Read More

• 121 - Deduction of Income-tax at Source?Section 194D of the Income-tax Act, 1961?Deduction from Insurance Commission Etc.?Instructions Regarding  Dated 08/10/1973
Deduction of Income-tax at SourceSection 194D of the Income-tax Act, 1961Deduction from Insurance Commission Etc.Instructions Regarding (Circular No. 121MO.F. (Rev. Ins.) F. No. 275/64/73-ITJ dat... Read More

• 120 - Deduction of Income Tax at Source?Section 194D of the Income Tax Act, 1961?Deductions from Insurance Commission Etc.?Clarification Regarding  Dated 08/10/1973
Deduction of Income Tax at SourceSection 194D of the Income Tax Act, 1961Deductions from Insurance Commission Etc.Clarification Regarding (Circular No. 120Board's F. No. 275/107/73-ITJ dated 8-10... Read More

• 119 - Capital gains?Payment of tax on capital gains included in the income-tax return claimed to be exempt within the meaning, of sections 54, 54B and 54D  Dated 26/09/1973
Capital gainsPayment of tax on capital gains included in the income-tax return claimed to be exempt within the meaning, of sections 54, 54B and 54D Circular No. 119F. No. 207/5/73-ITA-II, dated ... Read More

• 117 - Rebate allowed to members by consumer cooperative store?Treatment of  Dated 22/08/1973
Rebate allowed to members by consumer cooperative storeTreatment of Circular No. 117F. No. 201/5/73-ITA-II, dated 22-8-1973 from CBDTCBDT Bulletin XIX/I/96, page 140. Rebate or bonus (which is ... Read More

• 116 - Income-Tax (Double Taxation Relief) (Dominions) Rules, 1956?Sections 90 and 91 of the Income-Tax Act, 1961  Dated 10/07/1973
Income-tax (Double Taxation Relief) (Dominions) Rules, 1956 providing for grant of double taxation relief with certain dominions - Present position thereunder Circular : No. 116 [F. No. 145/32-FTD... Read More

• F. No. 221/16/73-IT (A.II), from Ministry of Finance?XIX /I/156, page 225 - Pilot Scheme?Production of Income-tax Clearance Certificate?Intimation of Payments made by Government Agencies to the Income-tax Department  Dated 09/07/1973
Pilot SchemeProduction of Income-tax Clearance CertificateIntimation of Payments made by Government Agencies to the Income-tax Department [Office Memorandum F. No. 221/16/73-IT (A.II), dated 9-7-... Read More

• 115 - Extension of time for filing of applications for registration by charitable and religious trusts Under section 12A of the I.T. Act, 1961.  Dated 30/06/1973
Extension of time for filing of applications for registration by charitable and religious trusts Under section 12A of the I.T. Act, 1961. Circular No. 115Board's F. No. 180/21-73-IT(AI), dated 30... Read More

• 144 - Deduction of Income-tax at Source?Section 194C of the Income-tax Act, 1961?Deductions from Payments to Contractors and Sub-Contractors?Instructions Regarding  Dated 21/06/1973
Deduction of Income-tax at SourceSection 194C of the Income-tax Act, 1961Deductions from Payments to Contractors and Sub-ContractorsInstructions Regarding (Circular No. 144F. No. 275/61/73-ITJ, d... Read More

• 114 [F.No. 275/61/73-ITJ] - Co-operative societies included in the categories of persons who are to deduct tax at source from payments to contractors and sub-contractors under the section with effect from 1-4-1973  Dated 21/06/1973
1254. Co-operative societies included in the categories of persons who are to deduct tax at source from payments to contractors and sub-contractors under the section with effect from 1-4-1973 1. ... Read More

• 113-Bd. F. No. 220/13/73-ITA.II - Voluntary returns of Income and net wealth for the Assessment year 1973-74?Extension of time?waiver of Interests under section 139?Instructions regarding  Dated 20/06/1973
Voluntary returns of Income and net wealth for the Assessment year 1973-74Extension of timewaiver of Interests under section 139Instructions regarding Circular No. 113-Bd. F. No. 220/13/73-ITA.II... Read More

• 112 - Deduction of Income Tax at Source?Section 194D of the Income Tax Act, 1961?Deduction from Insurance Commission Etc.?Instructions Regarding  Dated 31/05/1973
Deduction of Income Tax at SourceSection 194D of the Income Tax Act, 1961Deduction from Insurance Commission Etc.Instructions Regarding (Circular No, 112Board's F. No. 275/64/73-ITJ dated 31-5-73... Read More

• 111 - Deduction of tax at source?Income-tax deduction from "salaries"?Exemption of House Rent Allowance under section 10(13A) of the Income-tax Act, 1961  Dated 18/05/1973
CIRCULAR NO. 111, DATED 18-5-1973 Deduction of tax at sourceIncome-tax deduction from salariesExemption of House Rent Allowance under section 10(13A) of the Income-tax Act, 1961 EXEMPTIONS,... Read More

• 110 - Recognised Fund?Gratuity Fund?Rules 67A and 101A of the Income-tax Rules 1962 Instruction Regarding  Dated 13/04/1973
Recognised FundGratuity FundRules 67A and 101A of the Income-tax Rules 1962 Instruction Regarding Circular No. 110Bd. F. No. 215/1/72-ITA II dated 13-4-73 from CBDTCBDT Bulletin XIX/I /68 page 10... Read More

• 109 - Depreciation allowance in respect of Normal double/triple shift working in seasonal factories and other concern, and extra depreciation allowance in the case of approved hotels  Dated 20/03/1973
Depreciation allowance in respect of Normal double/triple shift working in seasonal factories and other concern, and extra depreciation allowance in the case of approved hotelsProvisions of the In... Read More

• 108 - FINANCE ACT, 1972  Dated 20/03/1973
Circular No. 108, dated 20-3-1973 Amendments at a glance Rate Structure Amendment to Income-tax Act Amendments to Wealth-tax Act Amendments to Gift-tax Act Amendments to Companies (Profits) S... Read More

• 82 - Instructions for deduction of tax at source from interest on securities during financial year 1972-73 at the rates specified in Part III of First Schedule to Finance Bill, 1972  Dated 20/03/1973
Financial year 1972-73 Instructions for deduction of tax at source from interest on securities during financial year 1972-73 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• 107 - Instructions for deduction of tax at source from salary during financial year 1973-74 at the rates specified in Part III of First Schedule to Finance Bill, 1973  Dated 07/03/1973
FINANCIAL YEAR 1973-74 Instructions for deduction of tax at source from salary during financial year 1973-74 at the rates specified in Part III of First Schedule to Finance Bill, 1973 1. I am di... Read More

• 106 - Instructions for deduction of tax at source from interest on securities during financial year 1973-74 at the rates specified in Part III of First Schedule to Finance Bill, 1973  Dated 07/03/1973
Financial year 1973-74 Instructions for deduction of tax at source from interest on securities during financial year 1973-74 at the rates specified in Part III of First Schedule to Finance Bill, ... Read More

• F. No. 328/72/71?WT from CBDT?CBDT Bulletin XIX/I/20, page 20 - Income-tax Act, 1961?Requirement of Tax Clearance Certificates under Section 230A from Trustees  Dated 26/02/1973
Income-tax Act, 1961Requirement of Tax Clearance Certificates under Section 230A from Trustees F. No. 328/72/71WT dated 26-2-73 from CBDTCBDT Bulletin XIX/I/20, page 20. When a property held und... Read More

• 105 - Furnishing of application for continuation of registration under section 184(7) for assessment year 1970-71 and prior year after 1-4-71?Condonation of delay  Dated 23/02/1973
Furnishing of application for continuation of registration under section 184(7) for assessment year 1970-71 and prior year after 1-4-71Condonation of delayInstruction regarding. Circular No. 105F... Read More

• 104 - Section 16(3)(a) of the Income-tax Act, 1922/Section 64(1) of the Income-tax Act, 1961?Loss incurred by wife or minor child?Right of set off?Section 64(1) and (2) of the Income-tax Act  Dated 19/02/1973
SECTIONS 71-72 Section 16(3)(a) of the Income-tax Act, 1922/Section 64(1) of the Income-tax Act, 1961Loss incurred by wife or minor childRight of set offSection 64(1) and (2) of the Income-tax Ac... Read More

• 103 - "Industrial company"?Interpretation of the Explanation to sub-section (7)(d) of section 2 of the Finance Act, 1966  Dated 17/02/1973
Industrial companyInterpretation of the Explanation to sub-section (7)(d) of section 2 of the Finance Act, 1966 Circular No. 103F. No. 166/1/73-IT(AI), dated 17-2-1973 1. Under sub-section (7)(... Read More

• 102 - Investment in 12 years National Plan Savings Certificates, Post Office Savings Bank Accounts, Cumulative Time Deposit Accounts?Exemption under the Income-tax Act, 1961  Dated 03/02/1973
Investment in 12 years National Plan Savings Certificates, Post Office Savings Bank Accounts, Cumulative Time Deposit AccountsExemption under the Income-tax Act, 1961Post Office Savings Certificat... Read More

• 100 - Repayment of a debt incurred for charitable purpose by a charitable trust and loans advanced by educational trusts?Application of Income.  Dated 24/01/1973
Repayment of a debt incurred for charitable purpose by a charitable trust and loans advanced by educational trustsApplication of Income. Circular No. 100F. No. 195/1/72-IT(AI), dated 24-1-1973 fr... Read More

• 101 - Section 104 of the Income-tax Act, 1961, Company in which the public are not substantially interested ?Control of the affairs of the Company-Meaning of  Dated 21/01/1973
13. Whether public company will be deemed to be company in which public are not substantially interested by reason only of the fact that number of its directors at any time during previous year is... Read More

• 99?F. No. 210/24/72?ITA-II - Form Nos. 11, 11A and 12 as amended under the Income-tax (Fourth Amendment) Rules, 1971  Dated 21/12/1972
Form Nos. 11, 11A and 12 as amended under the Income-tax (Fourth Amendment) Rules, 1971 Circular No. 99F. No. 210/24/72ITA-II, dated 21-12-1972 from CBDTCBDT Bulletin XIX/1/5, page 6. Board has... Read More

• 98 - INCOME-TAX (AMENDMENT) ACT, 1972 - CIRCULAR NO. 98, DATED 16-12-1972  Dated 16/12/1972
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• 79 - Dividend paid or deemed to have been paid by a company out of its "tax holiday" profits?Relief denied to shareholders in the absence of proper certificate regarding percentage of tax-free profits  Dated 25/02/1972
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• 74 [F. No. 317/2/72-WT] - Interpretation of expression ?Initial issue of equity share capital? used in clause (xx) of sub-section (1)  Dated 15/01/1972
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• 73-CBDT F. No. 245/13/71-A&PAC - Section 154(2)(b)?Applications for rectification of mistakes?Statutory time limit?Waiver of  Dated 07/01/1972
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• 70? F. No. 210/33/71-ITA - Form Nos. 11, 11A and 12 as amended under the Income-tax (Fourth Amendment) Rules, 1971? Clarification regarding  Dated 11/12/1971
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• 70? CBDT F. No. 210/33/71-ITA-II - Form Nos. 11, 11A and 12 as amended under the Income-tax (Fourth Amendment) Rules, 1971? Clarification regarding  Dated 11/12/1971
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• 69 [F. No. 1/10/68-WT] - Equity shares issued by company in respect of which exemption is available under clause (xx) of sub-section (1) - Company could make application  Dated 18/11/1971
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• 68-CBDT F. No. 245/17/71-A&PAC - Income-tax assessment?Mistakes apparent from record?Whether can be treated as such on the basis of subsequent decision of Supreme Court?Clarification regarding  Dated 17/11/1971
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• 67 - Exemption of income accruing to residents of Ladakh - Scope thereof explained  Dated 23/09/1971
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• 66 - Exemption Certificates?Application under Section 197(3) of the Income-Tax Act, 1961? Expeditious Disposal of Instructions Reg.  Dated 22/09/1971
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• 64 - Exemption of Interest upto Rs. 3,000 on deposits with Banking Companies, etc?Nationalised Banks?Clarification regarding  Dated 25/08/1971
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• 62 - Benefits, Amenity or perquisites allowed to employees by companies?Restrictions imposed by Sec. 40(c)(iii) as substituted by section 40(a)(v) of Income-tax Act, 1961  Dated 29/06/1971
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• 60 - Instructions for deduction of tax at source from salaries during financial year 1971-72 at the rates specified in Part III of First Schedule to Finance (No. 2) Bill, 1971  Dated 05/06/1971
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• 59 - Instructions for deduction of tax at source from interest on securities during the financial year 1971-72 at the rates speci­fied in Part III of First Schedule to Finance (No. 2) Bill, 1971  Dated 03/06/1971
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• 58 - Section 80M of the Income-tax Act, 1961?Clarification regarding  Dated 15/04/1971
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• 57 - Scope of the term 'Mineral Oil'?Item 3 of Part IV of the First Schedule to the Finance Act, 1964, Item 3 of Part III of the First Schedule to the Finance Act, 1965  Dated 23/03/1971
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• 56 - TAXATION LAWS (AMENDMENT) ACT, 1970 ? CIRCULAR NO. 56, DATED 19-3-1971  Dated 19/03/1971
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• 54 - Instructions for deduction of tax at source from interest on securities during the financial year 1971-72 at the rates speci­fied in Part III of First Schedule to Finance (No. 2) Bill, 1971  Dated 16/03/1971
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• 77 - The Companies (Surcharge on Income-tax) Act 1971-Explanatory Notes on  Dated 08/02/1971
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• 52 - Income-tax Act, 1961?section 11?Capital gains arising to charitable or religious trusts on sale of Investment?Treatment of  Dated 30/12/1970
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• 51 - Section 13 of the Income-tax Act, 1961, as Substituted by the Finance Act, 1970?Clarification Regarding  Dated 23/12/1970
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• 49 - Deduction of tax at source?Rounding off of tax?Clarification regarding  Dated 16/11/1970
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• 48 - Income-tax Act, 1961?Section 194 A read with Section 197(1)(2)?Income by way of Interest other than 'Interest on Securities'?Deduction of Tax at Source?Instructions Regarding  Dated 07/11/1970
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• 47 - Provision towards service gratuity to employees ?Allowance regarding  Dated 21/09/1970
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• 45 - FINANCE ACT, 1970 - CIRCULAR NO. 45, DATED 2-9-1970  Dated 02/09/1970
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• 44 - Deductions under clause (i) as it stood prior to its substitution, and under clauses (iii) to (v) as they stood prior to their omission, by Finance Act, 1974 with effect from 1-4-1975  Dated 04/08/1970
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• 43 [F.No. 12/98/69-ITJ] - Whether non-deduction of tax is only in respect of interest credited to Non-resident (External) Account and not to all types of non-resident accounts  Dated 20/06/1970
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• 42 [F. No. 275/62/70-ITJ] - Banks exempted from deducting tax at source from interest paid on deposits under clause (vii) of sub-section (3) from 1-4-1970  Dated 20/06/1970
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• 40 - Development rebate allowed on assets sold to Government - Whether not liable to be withdrawn even if vendor credits to profit and loss account reserve which he had originally created  Dated 11/05/1970
305. Development rebate allowed on assets sold to Government - Whether not liable to be withdrawn even if vendor credits to profit and loss account reserve which he had originally created clarifi... Read More

• 39 - Double Taxation Avoidance Agreement between India and Republic of France  Dated 13/04/1970
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• 38 - Income tax Act, 1961?Sec. 193 r/w s. 197(1)(2)?Interest on Government securities?Rates of tax applicable during the year 1970-71 as proposed in the Finance Bill, 1970  Dated 07/04/1970
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• 36 - Instructions for deduction of tax at source from salary during financial year 1970-71 at the rates specified in Part III of First Schedule to Finance Bill, 1970  Dated 25/03/1970
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• 35 - Instructions for deduction of tax at source from interest on securities during financial year 1970-71 at the rates specified in Part III of First Schedule to Finance Bill, 1970  Dated 24/03/1970
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• 34 - Section 40A(3) of the Income-tax Act, 1961? Payments in excess of Rs. 2,500 to be made by crossed cheques or crossed bank draft?Clarification regarding  Dated 05/03/1970
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• 33 - Section 40A(5) of the Income-tax Act, 1961?Payment of a sum exceeding Rs. 2,500 by crossed bank draft or cheque?Proof of question regarding  Dated 29/12/1969
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• 32 - Benefit, amenity or perquisites allowed to employees by companies?Restriction imposed by Section 40(c)(iii), now section 40(a)(v) of the Income-tax Act, 1961  Dated 29/10/1969
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• 31 - Whether term ?artist? includes photographers and TV cameramen for the purposes of deduction under the section  Dated 25/10/1969
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• 30 - Amortisation of cost of production/cost of acquiring distribution rights of films - Assessments of film producers/distributors - General guidelines for allowance thereof  Dated 04/10/1969
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• 26 - Development Rebate allowed in respect of asset sold to Government  Dated 06/08/1969
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• 21 - Norms and principles to be applied in assessing foreign/Indian participants in technical collaboration  Dated 09/07/1969
250. Norms and principles to be applied in assessing foreign/Indian participants in technical collaboration1 1. It has been represented to the Board that in determining the tax liability of forei... Read More

• 19 - Disallowance of expenditure on advertisements in souvenirs  Dated 13/06/1969
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• 17 - Whether annuity receivable under annuity deposit scheme is covered within the meaning of clause (e)(iv)  Dated 10/06/1969
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• 15 - Deductions under clause (i) as it stood prior to its substitution, and under clauses (iii) to (v) as they stood prior to their omission, by Finance Act, 1974 with effect from 1-4-1975  Dated 08/05/1969
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• 10 - Deductions under clause (i) as it stood prior to its substitution, and under clauses (iii) to (v) as they stood prior to their omission, by Finance Act, 1974 with effect from 1-4-1975  Dated 26/03/1969
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• 8 [F. No. 23/1/69-IT(A-II)] - Requirements to be satisfied by applicants for being eligible for concession envisaged under the section  Dated 24/03/1969
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• 5 - Persons migrating from West/East Pakistan, Burma, East African countries, namely, Mozambique, Zanzibar, Kenya, Tanzania and Uganda  Dated 20/02/1969
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• 4 - Pensions received from abroad by pensioners residing in India - Taxability under clause (iii) of sub-section (1)  Dated 20/02/1969
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• 2 [F.No. 1/164/68-TPL] - Whether instructions issued in 1966 to bar person responsible for paying interest from taking cognizance of tax exemption or abatement certificate issued by ITO  Dated 06/02/1969
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• 2-P(XI-6) [F. No. 10/67/65-IT(A-I)], dated 23-8-1965. - Commitment charge payable by party on unused portion of loan - Whether permissible as revenue deduction  Dated 23/08/1965
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• 40(XLVII-16) - Allowance of development rebate in respect of ship/machinery and plant  Dated 03/12/1962
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• 35 (II-5) 1962 - Timely issue of notices for payment of advance tax  Dated 15/11/1962
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• 31 (LXXVII-5)-D - Asset inherited by assessee from person who in turn had inherited from another person - How cost of acquisition of asset should be determined  Dated 21/09/1962
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• 28(XXV-19) [F. No. 1(44)-62/TPL] - Application for registration/renewal of registration for assessment year 1962-63 - Certain queries relating thereto clarified  Dated 28/08/1962
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• 23 - Facility of sending refund, at the request of assessee, by means of money order in case where amount does not exceed Rs. 250  Dated 03/08/1962
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• 22D - FINANCE (NO. 2) ACT, 1962 ? CIRCULAR NO. 22D, DATED 1-8-1962  Dated 01/08/1962
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• 16(XXV-17) - Application for registration/renewal of registration for assessment year 1962-63 - Certain queries relating thereto clarified  Dated 02/06/1962
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• 1 (XLVII-12) - Collection charges earned by employers under pay roll savings scheme - Whether liable to be taxed in the hands of recipient-employer  Dated 16/01/1962
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• 1-D (WT) - Exemption of investments under clause (xvi) of sub-section (1) - Condition regarding  Dated 02/01/1962
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• 20 (II-4) - Persons wishing to make payments to branch office of foreign banks to apply to ITO having jurisdiction over such branches for a certificate authorising payment without deduction of tax at source  Dated 03/08/1961
Persons wishing to make payments to branch office of foreign banks to apply to ITO having jurisdiction over such branches for a certificate authorising payment without deduction of tax at source ... Read More

• 2(WT) of 1961 - Valuation of life interest - General guidelines therefor - Rule 1B of Wealth-tax Rules explained  Dated 29/05/1961
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• 11(XXIII-24) - Scholarships to meet cost of education - Specific cases where they have been treated as exempt from tax under clause (16)  Dated 04/04/1961
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• 3(XX-III-23) - Scholarships to meet cost of education - Specific cases where they have been treated as exempt from tax under clause (16)  Dated 12/01/1961
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• 31 (LIXVI-10) [F. No. 46/43/60-IT] - Requirement of issue of exemption certificates to Indian nationals proceeding abroad temporarily - Modification of  Dated 15/11/1960
Requirement of issue of exemption certificates to Indian nationals proceeding abroad temporarily - Modification of 1. Under section 46A(1), the obligation of obtaining a tax clearance certificate... Read More

• 4 - When amount of managing agency commission surrendered by managing agents, other than managing agents  Dated 15/09/1960
When amount of managing agency commission surrendered by managing agents, other than managing agents who are public limited companies, should not be deemed to be gift under clause (c) of sub- sect... Read More

• 23(XXXIX-4)-D [relevant extracts] [F. No. 4(124)-60/TPL] - Speculation loss carried forward from earlier years or current speculation loss - Whether should be adjusted against current speculation profits before allowing any other loss  Dated 12/09/1960
Speculation loss carried forward from earlier years or current speculation loss - Whether should be adjusted against current speculation profits before allowing any other loss Point (i) Under cl... Read More

• 23D (XXXIX) [F. No. 412/(4)60/TPL] - Speculative transaction as defined in Explanation 2 to section 24(1) of the 1922 Act - Clarification on certain points involved in the interpretation of the section  Dated 12/09/1960
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• 22(XXIII-22) [F. No. 42/60-IT(A-I)] - State awards for films - Exemption from tax  Dated 12/09/1960
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• 7-D - Whether transfer of shares referred to in sub-section (1) includes transmission of shares by operation of law  Dated 23/06/1960
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• 5-D(WT) of 1960 - Items of deductible expenses and extent to which they are to be allowed in arriving at the net annual value for the purposes of valuing house property  Dated 17/06/1960
Items of deductible expenses and extent to which they are to be allowed in arriving at the net annual value for the purposes of valuing house property 1. Attention is invited to the Boards Circu... Read More

• 3-GT - Provisions of the section providing for advance payment of tax and allowing rebate thereon at the time of regular assessment explained  Dated 03/06/1960
Provisions of the section providing for advance payment of tax and allowing rebate thereon at the time of regular assessment explained 1. Attention is invited to section 17 of the Finance Act, 1... Read More

• 3-D(WT) of 1960 - Assessment of erstwhile rulers of Indian States - Treatment to be accorded to certain items of assets  Dated 01/04/1960
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• 3-D (W.T.) of 1960 - Assessments of Rulers - Treatment to be accorded to certain special items of assets - Instructions regarding  Dated 01/04/1960
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• 2-D (WT) of 1960 - Whether expression ?agricultural land? used in clause (e)(i)/(ii) means land used for agricultural purposes irrespective of whether such land is assessed to land revenue  Dated 26/02/1960
Whether expression agricultural land used in clause (e)(i)/(ii) means land used for agricultural purposes irrespective of whether such land is assessed to land revenue 1. Attention is invited to ... Read More

• 5-D (WT) - Extension of time for payment of part of tax attributable to shares of companies having substantial assets in foreign company but prevented from making remittances to India  Dated 03/08/1959
Extension of time for payment of part of tax attributable to shares of companies having substantial assets in foreign company but prevented from making remittances to India 1. Where an assessee h... Read More

• 14(LXXVI-31) [F. No. 1 (25)-59 TPL] - Procedure for deduction of tax at source from dividends on shares registered in the name of a bank on behalf of its constituents  Dated 04/07/1959
Procedure for deduction of tax at source from dividends on shares registered in the name of a bank on behalf of its constituents 1. In accordance with the changes in the Income-tax Act introduce... Read More

• 13 (LXXVI-30) - Procedure for deduction of tax at source from interest on securities registered in the name of bank on behalf of its constituents  Dated 04/07/1959
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• 2-GT - Types of cases covered within the definition of ?previous year? for the purposes of gift-tax - Definition enlarged by Finance Act, 1959  Dated 19/06/1959
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• 2(WT) - Tax, penalty, etc., payable under Direct Tax Laws - Whether deductible as ?debts owed? from net wealth  Dated 29/05/1959
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• 1(WT) - Application of global valuation method where certain assets are omitted from balance-sheet altogether  Dated 11/05/1959
Application of global valuation method where certain assets are omitted from balance-sheet altogether 1. A question has been raised as to the application of global valuation method in cases where... Read More

• 4 - Amortisation of cost of production/cost of acquiring distribution rights of films - Assessments of film producers/distributors - General guidelines for allowance thereof  Dated 09/04/1959
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• 1 [F. No. 1(6)/58-GT] - When amount of managing agency commission surrendered by managing agents, other than managing agents who are public limited companies  Dated 07/04/1959
When amount of managing agency commission surrendered by managing agents, other than managing agents who are public limited companies, should not be deemed to be gift under clause (c) of sub- sect... Read More

• 36 (XL-52) - Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities  Dated 19/11/1958
Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities A ques... Read More

• 12-D (WT) of 1958 - While determining global value of business undertaking, WTO directed to guard against any attempt of reducing artificially book value of business assets - Instances of such cases pointed out  Dated 19/11/1958
While determining global value of business undertaking, WTO directed to guard against any attempt of reducing artificially book value of business assets - Instances of such cases pointed out 1. A... Read More

• 11-D(WT) - Business carried on in India through agent and stocks are consigned to agent for sale on behalf of principal company  Dated 17/11/1958
Business carried on in India through agent and stocks are consigned to agent for sale on behalf of principal company - Whether agents place of business can be treated as place of business of forei... Read More

• 7-GT [F. No. 1(6)/58-GT] - When amount of managing agency commission surrendered by managing agents, other than managing agents who are public limited companies  Dated 22/09/1958
When amount of managing agency commission surrendered by managing agents, other than managing agents who are public limited companies, should not be deemed to be gift under clause (c) of sub- sect... Read More

• 8-D(WT) of 1958 - Items of deductible expenses and extent to which they are to be allowed in arriving at the net annual value for the purposes of valuing house property  Dated 08/08/1958
Items of deductible expenses and extent to which they are to be allowed in arriving at the net annual value for the purposes of valuing house property 1. Attention is invited to the Boards Lette... Read More

• 6-D (WT) - Whether AAC acting under section 23(5) can dismiss admitted appeal if assessee fails to appear on date of hearing  Dated 12/06/1958
Sections 23 and 27 Appeals and references Section 23 appeal to commissioner (appeals) Whether AAC acting under section 23(5) can dismiss admitted appeal if assessee fails to appear on date of h... Read More

• 10-D (WT) - Investments in 10-year treasury savings deposit/15-year annuity certificates in the name of wife and/or minor child - Whether exempt under clause (xvi) of sub-section (1)  Dated 29/05/1958
Investments in 10-year treasury savings deposit/15-year annuity certificates in the name of wife and/or minor child - Whether exempt under clause (xvi) of sub-section (1) 1. Attention is invited ... Read More

• 9 (XL-48) - Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities  Dated 18/05/1958
Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities After ... Read More

• 8-D (LXXVI-22) - Indian banks or branches of foreign banks not to be asked to produce books of account, etc., maintained outside India  Dated 13/05/1958
Section 131 l Power re. discovery, production of evidence, etc. 867A. Indian banks or branches of foreign banks not to be asked to produce books of account, etc., maintained outside India Instan... Read More

• 4-D (WT) of 1958 - Whether words ?set up? used in clause (xxi) of sub-section (1) mean ?commencement of operations to establish?  Dated 01/05/1958
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• 4(XLIII-8) - Goods purchased in India for export to non-residents through commission agents - Liability to tax under section 42 of 1922 Act  Dated 24/02/1958
Goods purchased in India for export to non-residents through commission agents - Liability to tax under section 42 of 1922 Act 1. A reference is invited to the Boards letter No. F. 56(5)-IT/48, d... Read More

• 3 (WT) - Location of assets - Instructions for general guidance  Dated 28/09/1957
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• 3 (WT) of 1957 - Valuation of assets - Instructions laying down general guidelines  Dated 28/09/1957
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• 18(XXV-13)-D - Relief to partner under section 14(2)(aa) of the 1922 Act  Dated 02/04/1957
Relief to partner under section 14(2)(aa) of the 1922 Act - Whether should be worked out with reference to his individual share only or to the sum of his individual share and shares of other partn... Read More

• 14(LXXV-12)-D - Distributable income as defined in section 109(1) - Items to be excluded from gross total income  Dated 01/03/1957
Distributable income as defined in section 109(1) - Items to be excluded from gross total income It has been represented to the Board that the limitation of the permissible deductions from the t... Read More

• 50(XL-43) of 1956 - Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities  Dated 28/12/1956
Court fee or stamp duty payable on power of attorney or vakalatnama filed before Income-tax Officer/on applications or petitions filed before Commissioner and other income-tax authorities A ques... Read More

• 49(XXIII-12) - Scholarships to meet cost of education - Specific cases where they have been treated as exempt from tax under clause (16)  Dated 13/12/1956
SECTION 10(16) - SCHOLARSHIPS Scholarships to meet cost of education - Specific cases where they have been treated as exempt from tax under clause (16) NATIONAL RESEARCH FELLOWSHIP AND FELLOWSHI... Read More

• 41 (LVIII-2) - Rule 3(f) of Income-tax Rules - Valuation of perquisite by way of privilege passes/ticket order granted to railway employee  Dated 27/10/1956
Rule 3(f) of Income-tax Rules - Valuation of perquisite by way of privilege passes/ticket order granted to railway employees Recently a question was raised whether the value of privilege passes a... Read More

• 38(XXXIII-7) [F. No. 51(5)-IT/54] - Foreign insurance companies doing reinsurance business in India - Liability to Indian income-tax depends on various factors  Dated 03/10/1956
Foreign insurance companies doing reinsurance business in India - Liability to Indian income-tax depends on various factors The Central Board of Revenue recently reviewed the position regarding t... Read More

• 35(XXXIII-7) of 1956 - Foreign insurance companies doing re-insurance business in India - No uniform principle could be laid down - ITO to examine each case and decide about taxability  Dated 03/09/1956
Foreign insurance companies doing re-insurance business in India - No uniform principle could be laid down - ITO to examine each case and decide about taxability The Central Board of Revenue rece... Read More

• 29(LXXV-10) - Whether section 104 applies to profits and gains of companies  Dated 21/07/1956
Whether section 104 applies to profits and gains of companies in which public are not substantially interested and which derives a part of its income outside taxable territories laws of which rest... Read More

• 23 - Deductions under clause (i) as it stood prior to its substitution, and under clauses (iii) to (v) as they stood prior to their omission, by Finance Act, 1974 with effect from 1-4-1975  Dated 09/07/1956
210. Deductions under clause (i) as it stood prior to its substitution, and under clauses (iii) to (v) as they stood prior to their omission, by Finance Act, 1974 with effect from 1-4-1975 - Clari... Read More

• DOMS CIRCULAR NO. 65 - Retention Schedule of Technical Records/Registers maintained in the Income-tax Department-Review of-  Dated 06/12/1955
DOMS CIRCULAR NO. 65, Dated 6-12-1955 Retention Schedule of Technical Records/Registers maintained in the Income-tax Department-Review of- The Central Board of Direct Taxes has approved the recom... Read More

• F. No. 45A/180/52-IT - Assessment reopened on the ground of piecemeal assessment - Whether there is escapement of income  Dated 06/12/1955
SECTION 147 l INCOME ESCAPING ASSESSMENT Assessment reopened on the ground of piecemeal assessment - Whether there is escapement of income - Whether deferred assessment is discovery of escaped as... Read More

• 46 (XXI-7)-D of 1955 - Loans and advances taken by shareholders from closely-held companies treated as deemed dividend within the meaning of sub-clause (e) of clause (6A) of the 1922 Act - Treatment of  Dated 10/11/1955
Loans and advances taken by shareholders from closely-held companies treated as deemed dividend within the meaning of sub-clause (e) of clause (6A) of the 1922 Act - Treatment of In their Circula... Read More

• 33(LXXVI-5) - Special allowance or benefit being reasonable and not disproportionately high - No details of expenses actually incurred need be  Dated 01/08/1955
Special allowance or benefit being reasonable and not disproportionately high - No details of expenses actually incurred need be asked for the purpose of granting exemption under section 4(3)(vi) ... Read More

• 26(LXXVI-3) [F. No. 4(53)-IT/54] - Loss suffered under one head - How it can be set-off against income under any other head particularly where total income includes items of tax-free income  Dated 07/07/1955
Loss suffered under one head - How it can be set-off against income under any other head particularly where total income includes items of tax-free income A question is raised as to the manner in... Read More

• 27(LIIX-2) - Allowance of development rebate in respect of ship/machinery and plant - Detailed note explaining provisions of section 33  Dated 06/07/1955
Allowance of development rebate in respect of ship/machinery and plant - Detailed note explaining provisions of section 33 Development rebate whether admissible in the case of second-hand ships p... Read More

• 2(XLVIII-2) - Custodian of evacuee property left in India and Pakistan - Whether he can be regarded as owner of property for the purposes of section 9 of 1922 Act  Dated 13/06/1955
Custodian of evacuee property left in India and Pakistan - Whether he can be regarded as owner of property for the purposes of section 9 of 1922 Act and whether assessment should be made without a... Read More

• 20(XXI-6) of 1955 - Loans and advances taken by shareholders from closely-held companies treated as deemed dividend within the meaning of sub-clause (e) of clause (6A) of the 1922 Act - Treatment of  Dated 10/05/1955
Loans and advances taken by shareholders from closely-held companies treated as deemed dividend within the meaning of sub-clause (e) of clause (6A) of the 1922 Act - Treatment of 1. One of the im... Read More

• 18(XL-37) - Auditor?s certificate in non-company cases - Consideration thereof while completing assessment and other matters connected therewith  Dated 28/04/1955
Auditors certificate in non-company cases - Consideration thereof while completing assessment and other matters connected therewith 1. In the Boards Circular No. 47(XXIV-1), dated 18-12-1952 [pr... Read More

• 14(XL-35) of 1955 - Claim for depreciation - Department not to take benefit of assessee?s ignorance  Dated 11/04/1955
Claim for depreciation - Department not to take benefit of assessees ignorance Officers of the department must not take advantage of ignorance of an assessee as to his rights. It is one of their ... Read More

• 14(XL-35) - Administrative instructions for guidance of Income-tax Officers on matters pertaining to assessment  Dated 11/04/1955
Administrative instructions for guidance of Income-tax Officers on matters pertaining to assessment 1. The Board have issued instructions from time to time in regard to the attitude which the Of... Read More

• 13(102)-IT/53 - Transactions which are not considered as speculative transactions for the purposes of set-off of loss from speculative transaction under section 24(1) of the 1922 Act  Dated 08/09/1954
Transactions which are not considered as speculative transactions for the purposes of set-off of loss from speculative transaction under section 24(1) of the 1922 Act For the purposes of section ... Read More

• 21(XLVII-36) [F. No. 13(100)-IT/53], dated 12-7-1954. - Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands  Dated 12/07/1954
Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands A reference is invited to the Boards Circular No. 26(XLVII-5), dated 21-1... Read More

• 11 (XLVII-6) - Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands  Dated 18/05/1954
Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands Reference is invited to the Boards Circular No. 26(XLVII-5), dated 21-10-1... Read More

• 26(XLVII-5) - Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands  Dated 21/10/1953
Managing agency commission surrendered wholly or in part by managing agents - When it should not be taxed in their hands Several representations have been made to the Central Board of Revenue reg... Read More

• 17(XXXVII-1) [F. No. 26(26)-IT/53] - Liability to Indian income-tax of non-resident exporters of goods to India and of foreign agents of Indian exporters under section 42 of 1922 Act  Dated 17/07/1953
Liability to Indian income-tax of non-resident exporters of goods to India and of foreign agents of Indian exporters under section 42 of 1922 Act It seems necessary to remove any doubts or misapp... Read More

• 43(XIX-4)-D of 1952 - Days of compulsory closure due to power cut - Whether they are to be excluded from the number of working days for the purposes of normal depreciation and extra shift depreciation  Dated 17/11/1952
Days of compulsory closure due to power cut - Whether they are to be excluded from the number of working days for the purposes of normal depreciation and extra shift depreciation A suggestion was... Read More

• 41/V/6/D of 1952 [F. No. 27(44)/II of 1952] - Interest on doubtful debts credited to suspense account  Dated 06/10/1952
Interest on doubtful debts credited to suspense account In its Circular No. 37 of 1924, dated August 25, 1924, the Board held, as a result of the conclusion reached at the conference of the Inco... Read More

• 28 [21-IT/5] - Receipt to be given for deduction of tax at source by disbursing officer to Government officer - Revised form prescribed  Dated 21/02/1952
SECTION 289 l RECEIPT TO BE GIVEN [CORRESPONDING SECTION 62 OF THE 1922 ACT] Receipt to be given for deduction of tax at source by disbursing officer to Government officer - Revised form prescrib... Read More

• 47(XXIV-I) - Auditor?s certificate in non-company cases - Consideration thereof while completing assessment and other matters connected therewith  Dated 18/02/1952
Auditors certificate in non-company cases - Consideration thereof while completing assessment and other matters connected therewith 1. A case has been reported to the Board where an auditor gave... Read More

• 7(XLIII-4) [C. No. 56(I)(IT/52] - Deduction of tax at source in the case of non-resident shareholders and salaried employees - Non-resident exercising option of being assessed on the basis of world income - Procedure therefor  Dated 31/01/1952
Deduction of tax at source in the case of non-resident shareholders and salaried employees - Non-resident exercising option of being assessed on the basis of world income - Procedure therefor 1. ... Read More

• 69(XIX-3) [F. No. 27(31)-IT/51], dated 27-11-1951 - Fluorescent lights - Expenditure on installation thereof - Correct treatment in the hands of assessees  Dated 27/11/1951
Fluorescent lights - Expenditure on installation thereof - Correct treatment in the hands of assessees It has been brought to the notice of the Board that the treatment, for income-tax purposes, ... Read More

• 64(XI-2) [F. No. 27(10)-IT-51] - Profit sharing scheme adopted by employers - Payments made under - Whether permissible deduction  Dated 27/10/1951
Profit sharing scheme adopted by employers - Payments made under - Whether permissible deduction It has been brought to the notice of the Board that with a view to improving relations with their ... Read More

• 38-D(LXIII-1) [F.No. 35(16)/IT/50] - Disbursing officers directed to take into account value of rent-free accommodation for computation of tax to be deducted at source at the time of payment of salary to Government servants  Dated 09/07/1951
Disbursing officers directed to take into account value of rent-free accommodation for computation of tax to be deducted at source at the time of payment of salary to Government servants 1. Altho... Read More

• 2 [C. No. 21(25)-IT/50] - Whether term ?any Indian university incorporated by any law for the time being in force? applies to universities of Part B States - Rule 46 of the 1922 Rules corresponding to rule 51 of the 1962 Rules  Dated 23/02/1951
Whether term any Indian university incorporated by any law for the time being in force applies to universities of Part B States - Rule 46 of the 1922 Rules corresponding to rule 51 of the 1962 Rul... Read More

• 1 [C. No. 13(82)-IT/50] - Custodian of evacuee property left in India and Pakistan - Whether he can be regarded as owner of property for the purposes of section 9 of 1922 Act  Dated 25/01/1951
Custodian of evacuee property left in India and Pakistan - Whether he can be regarded as owner of property for the purposes of section 9 of 1922 Act and whether assessment should be made without a... Read More

• 1-D - Amortisation of cost of production/cost of acquiring distribution rights of films - Assessments of film producers/distributors - General guidelines for allowance thereof  Dated 04/01/1951
Amortisation of cost of production/cost of acquiring distribution rights of films - Assessments of film producers/distributors - General guidelines for allowance thereof 1. Attention is invited t... Read More

• 5 [C. No. 35(20)-IT/49] - Rule 3(a)(i) of Income-tax Rules - Valuation of perquisite represented by the rent-free residential accommodation in the case of military personnel on active service  Dated 06/09/1950
Rule 3(a)(i) of Income-tax Rules - Valuation of perquisite represented by the rent-free residential accommodation in the case of military personnel on active service Under Explanation 1 to sectio... Read More

• 4 [C. No. 27(3)-IT/50] - Foreign visits of directors, etc. - Criterion for allowance as business deduction  Dated 19/06/1950
Foreign visits of directors, etc. - Criterion for allowance as business deduction 1. It has been brought to the notice of the Board that uniform treatment is not accorded for assessment purposes ... Read More

• 27 - Bad debts - Whether claims of banks should be automatically allowed in their entirety in their assessments under clause (vii) of sub-section (1)  Dated 22/03/1950
Bad debts - Whether claims of banks should be automatically allowed in their entirety in their assessments under clause (vii) of sub-section (1) Bad debts of banks - With reference to the corresp... Read More

• 44(3)-IT/49 - Contribution to approved superannuation fund - Procedure for grant of deduction under clause (iv) of sub-section (1) explained  Dated 12/02/1949
Contribution to approved superannuation fund - Procedure for grant of deduction under clause (iv) of sub-section (1) explained 1. The main reason for the delay in granting approval to superannuat... Read More

• 10-D [C. No. 9(22)-IT/47] - Supply of copies of assessment orders to assessees along with demand notice  Dated 15/04/1948
Supply of copies of assessment orders to assessees along with demand notice 1. It has been reported to the Board that the practice obtaining in Madras should be followed in other provinces also ... Read More

• 22 [R. Dis. 51 (14)-IT-47] - Whether life insurance companies are liable to capital gains tax in respect of profits arising from sale of any of their assets  Dated 23/09/1947
Whether life insurance companies are liable to capital gains tax in respect of profits arising from sale of any of their assets 1. The question has been raised whether life insurance companies ar... Read More

• 3 [R Disc. No. 27(50)-IT/46], dated 26-3-1946 - Labour welfare expenditure - Treatment thereof for the purposes of its deduction as revenue expenditure  Dated 26/03/1946
Labour welfare expenditure - Treatment thereof for the purposes of its deduction as revenue expenditure It is desirable to offer some inducement to employers of labour to continue expenditure on ... Read More

• 2 [C. No. 27(8)-IT/46] - Sales tax proceedings expenditure - Whether allowable by way of revenue expenditure  Dated 08/03/1946
Sales tax proceedings expenditure - Whether allowable by way of revenue expenditure The liability of a person to provincial sales tax arises from his carrying on business as a seller of goods and... Read More

• 31 [R. Disc. No. 61(4)-IT/44] - Assessment of registered firm on non-resident partner?s share of income - Rate at which tax is to be charged  Dated 02/12/1944
Sections 182 to 185 Special provisions applicable to firms assessment of firms SECTION 182 l ASSESSMENT OF REGISTERED FIRMS [CORRESPONDING TO SECTION 23(3)(a) OF THE 1922 ACT] Assessment of re... Read More

• 20 of 1944 [C. No. 4(13)-IT/44] - Section 16(3)(a) of the 1922 Act - Loss incurred by wife or minor child?Right of set-off under section 24(1) and (2) of the 1992 Act  Dated 15/07/1944
Section 16(3)(a) of the 1922 Act - Loss incurred by wife or minor childRight of set-off under section 24(1) and (2) of the 1992 Act Attention is invited to the Boards Circular No. 35 of 1941, on ... Read More

• 13 [C. No. 27(29)-IT/43] - Loss arising due to embezzlement - Whether it should be treated as incidental to business and should be allowed as deduction in the year in which it is discovered  Dated 24/05/1944
Loss arising due to embezzlement - Whether it should be treated as incidental to business and should be allowed as deduction in the year in which it is discovered 1. Attention is invited to the ... Read More

• 36 [R Dis. No. 54(13)-IT/43] - Air raid precaution - Expenditure thereon - Whether admissible as business deduction  Dated 24/11/1943
Air raid precaution - Expenditure thereon - Whether admissible as business deduction The Board have decided that ARP expenditure incurred by insurance companies should be treated on the same pr... Read More

• 33 [R. Disc. No. 27(80)-IT/43] - Trade marks - Cost of deposit and registration under Trade Marks Act, 1940 - Whether admissible as revenue expenditure  Dated 12/11/1943
Trade marks - Cost of deposit and registration under Trade Marks Act, 1940 - Whether admissible as revenue expenditure The question has arisen whether the cost of deposit and registration of trad... Read More

• 32 [F. No. 27(21)-IT/43] - Loss arising out of sale of factory or entire block of plant and machinery on transfer or close of business - Whether it should be taken into account for computing balancing charge  Dated 22/10/1943
Loss arising out of sale of factory or entire block of plant and machinery on transfer or close of business - Whether it should be taken into account for computing balancing charge 1. Cases have ... Read More

• 22 [R Disc. No. 27(53)-IT/43] - Lease renewal - Legal expenses incurred in connection therewith - Whether admissible deduction  Dated 23/06/1943
Lease renewal - Legal expenses incurred in connection therewith - Whether admissible deduction 1. The Board have, following the practice obtaining in the United Kingdom, decided that legal expens... Read More

• 19 [R. Dis. No. 23(31)-IT/43] - Animal-driven vehicles maintained for business purposes - Rate of depreciation - General rate to be applied  Dated 12/05/1943
Animal-driven vehicles maintained for business purposes - Rate of depreciation - General rate to be applied The Board has decided that animal-driven vehicles used for purposes of a business, prof... Read More

• 13 [C. No. 19(24)-IT/42] - Air raid precaution - Expenditure thereon - Whether admissible as business deduction  Dated 06/04/1943
Air raid precaution - Expenditure thereon - Whether admissible as business deduction 1. Attention is invited to paragraph 5 of Boards Circular No. 42 [C. No. 19(7)IT/42], dated 22-8-1942 [Clarifi... Read More

• 9 [R. Dis. No. 27(4)-IT/43] - Depreciation on assets acquired under the hire-purchase agreement - Conditions subject to which it is to be allowed  Dated 23/03/1943
Depreciation on assets acquired under the hire-purchase agreement - Conditions subject to which it is to be allowed The following instructions are issued for dealing with cases in which an asset ... Read More

• 7 of 1942 - British and other foreign shipping companies - Assessment of  Dated 10/12/1942
British and other foreign shipping companies - Assessment of 1. The Board has decided that the instructions which appeared in paragraphs 112 and 113 of the Income-tax Manual (7th Edition) and whi... Read More

• 52 - Bad debts - Treatment of enemy debts not proved bad and not written off under clause (xi) of section 10(2) of the 1922 Act [corresponding to clause (vii) of sub-section (1)  Dated 06/11/1942
Bad debts - Treatment of enemy debts not proved bad and not written off under clause (xi) of section 10(2) of the 1922 Act [corresponding to clause (vii) of sub-section (1)] In the United Kingdom... Read More

• 48 [C. No. 19(22)-IT/42] - Air raid precaution - Expenditure thereon - Whether admissible as business deduction  Dated 16/10/1942
Air raid precaution - Expenditure thereon - Whether admissible as business deduction 1. The Board has decided that the outlay incurred by factories on approved camouflage measures should, like ex... Read More

• 42 [C. No. 19(7)-IT/42] - Air raid precaution - Expenditure thereon - Whether admissible as business deduction  Dated 22/08/1942
Air raid precaution - Expenditure thereon - Whether admissible as business deduction 1. In the Boards Circular No. 25 [R. Dis. No. 27(26)-IT/41], dated 15-5-1941 [Clarification 2], the following ... Read More

• 26 (7)-IT/42 - Liability to income-tax of trustees and other persons acting in fiduciary capacity - Personal liability under section 34 of 1922 Act  Dated 14/08/1942
Sections 161 to 176 Liability in special cases SECTION 161 l LIABILITY OF REPRESENTATIVE ASSESSEE Liability to income-tax of trustees and other persons acting in fiduciary capacity - Personal li... Read More

• 36 - Destruction of insured plant and machinery - Compensation received from insurance company - Whether should be left out of account for computing balancing charge  Dated 06/08/1942
Destruction of insured plant and machinery - Compensation received from insurance company - Whether should be left out of account for computing balancing charge Recoveries of insurance money in r... Read More

• 7 [C. No. 27(17)-IT/41], - Assessment of British and other foreign companies - Section 42(1) of 1922 Act read with rule 33 of 1922 Rules [corresponding to rule 10 of 1962 Rules]  Dated 10/02/1942
Assessment of British and other foreign companies - Section 42(1) of 1922 Act read with rule 33 of 1922 Rules [corresponding to rule 10 of 1962 Rules] CLARIFICATION 1 1. The Board has decided th... Read More

• 3 of 1942 - Administrative instructions for guidance of Income-tax Officers on matters pertaining to assessment  Dated 16/01/1942
Administrative instructions for guidance of Income-tax Officers on matters pertaining to assessment 1. As a result of a joint discussion with several Indian Chambers of Commerce in Calcutta, the... Read More

• 25 [R Dis. No. 27(26)-IT/41] - Air raid precaution - Expenditure thereon - Whether admissible as business deduction  Dated 15/05/1941
Air raid precaution - Expenditure thereon - Whether admissible as business deduction 1. The question has arisen whether expenditure incurred by an assessee on air raid precautions in connection w... Read More

• 71 of 1940 - Interpretation of rule 2(b) of the Schedule to section 10(7) of the 1922 Act regarding property income included in the actuarial surplus  Dated 04/11/1940
Interpretation of rule 2(b) of the Schedule to section 10(7) of the 1922 Act regarding property income included in the actuarial surplus Some doubt has been expressed as to whether in computing t... Read More

• 27(19)-11/39 - Machinery or plant discarded - Computation of written down value of discarded machinery or plant not practicable - Whether terminal allowance under clause (iii) of sub-section (1) is to be given  Dated 21/08/1940
Machinery or plant discarded - Computation of written down value of discarded machinery or plant not practicable - Whether terminal allowance under clause (iii) of sub-section (1) is to be given ... Read More

• 28 [C. No. 589-IT/38] - Various issues pertaining to authorisation in favour of authorised representative and stamp duty payable thereon clarified  Dated 22/08/1939
Various issues pertaining to authorisation in favour of authorised representative and stamp duty payable thereon clarified 1. In the Boards Circular No. 12 [R. Dis. No. 58(9)-IT/38], dated 7-6-1... Read More

• 12 [R. Dis. No. 58(9)-IT/38] - Various issues pertaining to authorisation in favour of authorised representative and stamp duty payable thereon clarified  Dated 07/06/1939
Various issues pertaining to authorisation in favour of authorised representative and stamp duty payable thereon clarified 1. The person authorised by an assessee in writing to attend on his beh... Read More

• 37 [R. Disc. No. 557-IT/32] - Tea bushes - Expenditure incurred by tea estates on upkeep thereof - Whether capital or revenue expenditure  Dated 07/12/1932
Tea bushes - Expenditure incurred by tea estates on upkeep thereof- Whether capital or revenue expenditure 1. The Board have carefully considered the questions relating to the classification for ... Read More