Surcharge on advance tax payable by companies during the financial year 1971-72

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Full Text of the Document

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....er cent on advance tax payable under the Income-tax Act by all companies during the financial year 1971-72. The amount of the surcharge is required to be paid by companies on their own motion, without the requirement of the service of any notice of demand by the Income-tax Officer, on or before 15-3-1972. The surcharge paid will be treated as payment of income-tax in respect of the income assessab....