Notifies Oil Co-ordination Committee on Pool Accounts u/s 10(23C)(iv) - S.O.3428 - Income Tax

Notifies Oil Co-ordination Committee on Pool Accounts u/s 10(23C)(iv) NOTIFICATION NO. S.O.3428 DATED 6-8-1982 In exercise of the powers conferred by clause ( iv ) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Oil Co-ordination Committee on Pool Accounts-- ( i ) Freight Surcharge Pool Account No. 1 From assessment year 1972-73 to 1982-83. ( ii ) Freight Surcharge Pool Account No. 2 ( iii ) Oil Industry Pool Accounts consisting of the following sub-accounts ; ( a ) Additional increase of Rs. 37.97 From assessment year 1975-76 to 1982-83. per KL/MT ; ( b ) C F Adjustment Accounts ; ( c ) Product Price Adjustment Account ; ( d ) Imported Crude Price Neutralisation Account ; ( e ) Crude Oil Price Equalisation Account ; for the purpose of the said section for the period covered by the assessment years noted against each account [No. 4853/F. No. 197/166/77-IT(AI)]