TMI BlogExtension of time for filing return for assessment year 1973-74 in cases where returns due to be filed by June 30 or July 31, 1973 - Waiver of interest chargeable for period of delay up to August 15, 1973X X X X Extracts X X X X X X X X Extracts X X X X ..... s due to be filed by June 30 or July 31, 1973 - Waiver of interest chargeable for period of delay up to August 15, 1973 1. The Central Board of Direct Taxes have decided to extend the time for furnishing returns of income and net wealth for the assessment year 1973-74 till August 15, 1973, in cases where returns are due to be filed by June 30, 1973 or July 31, 1973. A copy of the Press Note d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Income-tax Rules, the interest chargeable in respect of the period of delay up to August 15, 1973 in such cases. In terms of the proviso to the aforesaid rule, the previous approval of the Inspecting Assistant Commissioner will have to be obtained by the Income-tax Officer in cases where the amount of interest so waived exceeds Rs. 1,000. Circular : No. 113 [F. No. 220/13/73-IT (A-II)], ..... X X X X Extracts X X X X X X X X Extracts X X X X
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