839/CBDT.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n this connection attention is particularly invited to para 2(ii) and 3(i) of Instruction No. 349 dated 3-12-71. In view of para 3(i) of Instruction No. 349,a question has been raised as to whether the cases of registered firms with incomes upto Rs. 25,000 are covered under the summary assessment scheme. Para 3(i) of instruction No. 349 reads as under:- "Cases of registered firms with income upt .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... all charges. 4. It is clarified that cases of registered firms with income upto Rs. 25,000 (Rs. 50,000 in the city charges of Bombay and Calcutta) would continue to be covered under the summary assessment scheme subject to the fulfillment of the other conditions laid down in Instruction No. 289 dated 30-4-1971. 5. These instructions may kindly be brought to the notice of all the Officers worki .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X