Guarantee bond requirement for agents of non resident shipping concerns clarified; prescribed form issued after Law Ministry consultation. Instruction No. 990/CBDT dated 28 7 1976 prescribes the specific form of the Guarantee Bond to be furnished by an agent of a non resident shipping concern under the proviso to the income tax provision; the form was evolved in consultation with the Ministry of Law and a copy is annexed.
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Guarantee bond requirement for agents of non resident shipping concerns clarified; prescribed form issued after Law Ministry consultation.
Instruction No. 990/CBDT dated 28 7 1976 prescribes the specific form of the Guarantee Bond to be furnished by an agent of a non resident shipping concern under the proviso to the income tax provision; the form was evolved in consultation with the Ministry of Law and a copy is annexed.
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