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Law:

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Fourth Schedule
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Central Government Notification Designates Three Institutions Under Section 194A of Income-tax Act, 1961 for Tax Purposes

The Central Government has issued Notification No. S.O. 4222, dated November 23, 1968, under section 194A of the Income-tax Act, 1961. This notification designates certain institutions for the purposes of sub-clause (iii) of section 194A. The institutions specified are Hindustan Steel Limited, located in Ranchi, and two entities based in New Delhi: the Minerals & Metals Trading Corporation of India Ltd. and the State Trading Corporation of India Ltd.

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Central Government Notification Designates Three Institutions Under Section 194A of Income-tax Act, 1961 for Tax Purposes

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