TMI BlogDeduction u/s 57 of the Income.Tax. Act, 1961.X X X X Extracts X X X X X X X X Extracts X X X X ..... ed: 57 Statute: Income - Tax Act, 1961 Attention is invited to the Board's Circular No. 25(LXVII-8)D of 1955 dated the 27th June, 1955, wherein it was decided that 40 per cent of the gross rece ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hem for the post office time deposits should also be allowed as a deduction u/s 57 of the I.T. Act, 1961 while assessing such commission. - Circular - Trade Notice - Public Notice - Instructions - O ..... X X X X Extracts X X X X X X X X Extracts X X X X
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