CBDT Circular on assessment of trusts and funds claiming exemption

0
1023

Clarification regarding jurisdiction over 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, 1961

Circular : No. 584, dated 13-11-1990.

1. The Central Board of Direct Taxes had issued a Notification SO No. 829(E), dated 17-10-1989 under section 120 of the Income-tax Act, 1961. Under the said notification, Directors of Income-tax (Exemptions) at Delhi, Bombay, Madras and Calcutta were assigned the functions of a Commissioner of Income-tax in respect of persons claiming exemptions under clauses (21), (22), (22A), (23), (23A) and (23C) of section 10,

This content is for annual and Semi Annual members only.

Log In Register