Clarification on applicability of the Expenditure-tax Act, 1987

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..... 50 Dated 31/5/1993 To All Chief Commissioners of Income-tax/ All Directors-General of Income-tax. Sir, The Board, vide Circular No. 645 (F. No. 328/109/92-WT), dated March 15, 1993*, has clarifi .....

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..... ed ejusdem generis. Therefore, the phrase "such other taxes" would only mean any tax (by whatever name called) which is in the nature of luxury tax. (Sd.) M. N. Dikshit, Director (OT), Central Boar .....

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