Section 133(4) of the Income-tax Act, 1961-Returns of income-Requirement of furnishing statements of payments-Raising of limits to Rs. 1,000 regarding

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....l Commissioners of Income-tax. (by name) Sir, Subject: Section 133(4) of the Income-tax Act, 1961-Returns of income-Requirement of furnishing statements of payments-Raising of limits to Rs. 1,000 regarding. Under section 133(4) of the Income-tax Act, 1961, the Income-tax Officer, the Appellate Assistant Commissioner, or the Inspecting Assistant Commissioner may, for the purposes of this Act, ....

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....xcess of Rs. 400. It is proposed to amend the relevant Forms of the returns of income so as to raise the limit of Rs. 400 to Rs. 1,000. 4. Pending amendment of the said forms, the Board have decided that it will be sufficient compliance of the requirements of the above referred Annexures to the Forms prescribed under rule 12 of the Income-tax Rules, 1962, read with section 133(4) of the Income-ta....