700/CBDT. - Income Tax - 700/CBDT

INSTRUCTION NO. 700/CBDT Dated : June 4, 1974 Reference is invited to Board's Instruction No.576 dated 28.7.73 and the Chairman's D.O.NO.201/57/73-IT (A.II) dated 7.9.73 by which you were requested to collect information from the Regional Director of the Company Law Board regarding the newly registered companies. 2. From the information supplied by the Commissioners, it transpires that as per the records of the Company Law Board, 4294 new companies were registered in 1970-71 and 1971-72, out of which only 2327 companies were brought on our records. With a view to have a complete picture of the companies registered in your charge, you are requested to get a list of all the companies registered with Registrar of Companies from 1.4.69 to 31.3.74. You may then have this list scrutinised as to how many of these companies have been taken over to your records and in respect of the remaining companies the reasons for their not being brought on our records may be ascertained. Companies which have been struck off from the register of the Registrar of Companies may be separately listed and pending action in the case of these companies may be completed on a priority basis. 3. The report indicating therein the number of companies registered during the period mentioned above, number brought on our records, number struck off and the broad reasons for those companies which have not been brought on our records, may kindly be sent so as to reach the Board by 15th July, 1974.