Amendment in the provisions of sections 11 to 13.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....amendments to section 11 to 13 by Finance Act 1970. It has been decided as follows: 2. As per the present practice, exemption certificates should initially be made valid for only one assessment year when the Trust comes up for such a certificate for the first time. After scrutiny of accounts of the first year, the certificates should however, be renewed for the subsequent three years. Further ren....