New User / Regiser - Forget password
Deduction u/s 57 of the Income.Tax. Act, 1961. - Order-Instruction - Dated 10-10-1972 - Income Tax
Published on: Oct 10, 1972
INSTRUCTION NO. 460/CBDT Dated October 10, 1972 Section(s) Referred 57 Statute Income - Tax Act, 1961 Attention is invited to the Board s Circular No. 25(LXVII-8)D of 1955 dated the 27th June, 1955, wherein it was decided that 40 per cent of the gross receipts from commission earned for sale of National Savings certificates by the agents appointed under General Agency System, should be normal ....... - .......