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Circulars / Instructions / Public Notices etc.

Home Circulars / Public Notices 1971 Income Tax Income Tax - 1971 Circular Circular - 1971 This

Law

Type: Year    

Circular - Income Tax For the Year - 1971

Showing 1 to 17 of 17 Records

  • 71/1971 - 20-12-1971
    Board's authorisation for taking action under section 154 beyond time limit specified under section 154(7) in cases of protective assessments requiring to be cancelled - Order under section 119(2)(b)


  • 70/1971 - 11-12-1971
    New Form Nos. 11, 11A and 12 incorporating provisions of Explanation inserted by Taxation Laws (Amendment) Act, 1970 not to be insisted upon for assessment years 1971-72 and 1972-73 but firms be allowed opportunity to file application in new forms


  • 69/1971 - 18-11-1971
    Equity shares issued by company in respect of which exemption is available under clause (xx) of sub-section (1) - Company could make application for issue of appropriate certificate for claiming exemption by individual shareholders


  • 68/1971 - 17-11-1971
    Mistakes apparent from records - Whether can be treated as such on the basis of subsequent decision of Supreme Court


  • 67/1971 - 23-9-1971
    Exemption of income accruing to residents of Ladakh - Scope thereof explained


  • 65/1971 - 2-9-1971
    Supplier drawing hundi on buyer and routing it through his banker with instructions to charge interest on amount of hundi from date of acceptance to date of actual payment - Whether tax is deductible at source by party retiring hundi from interest at the time of making payment to bank


  • 64/1971 - 25-8-1971
    Whether natonalised banks would be regarded as banking companies for the purposes of deduction of interest on deposits with them under clause (vi) of sub-section (1)


  • 63/1971 - 16-8-1971
    Assessment of existing banks and their shareholders and corresponding new banks in the context of nationalisation and payment of compensation - Guidelines therefor


  • 62/1971 - 29-6-1971
    Limit on allowance in respect of benefit, amenity or perquisite under clause (c) (iii)/clause (a)(v) - Reimbursement of certain expenses/payments whether form part of perquisite to be restricted to one-fifth of salary


  • 61/1971 - 19-6-1971
    Instructions for deduction of tax at source from dividends payable/paid by domestic company to foreign companies after May 28, 1971 at the rate of 24.5 per cent specified in Part II of First Schedule to Finance (No. 2) Act, 1971


  • 60/1971 - 5-6-1971
    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


  • 59/1971 - 3-6-1971
    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


  • 58/1971 - 15-4-1971
    Whether, in the case of company where part of dividend is utilised for setting-off loss under any other head, deduction under the section is to be allowed on reduced dividend remaining after such set-off


  • 57/1971 - 23-3-1971
    Business of refining of crude oil - Whether it will be regarded as priority industry for the purposes of deduction under the section


  • 56/1971 - 19-3-1971
    Amendments at a glance , Amendments to Income-tax Act , Amendments to Wealth-tax Act , Amendments to Gift-tax Act , Amendments to Companies (Profits) Surtax Act


  • 54/1971 - 16-3-1971
    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


  • 53/1971 - 11-1-1971
    Unit Trust of India General Regulations, 1964 - Notification under regulation 42 - Authorisation to incumbents to exercise signing powers on behalf of Trust


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