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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Banks working on March 26-31
March, 28th 2007

To facilitate Government transactions and meet the probable rush of taxpayers by March 31, RBI has taken the following steps. All the regional offices of RBI and branches of agency banks conducting Government business will extend the banking hours and keep their counters open from March 26 to March 31 to facilitate receipt of taxes. Further, these offices will keep their counters open on March 31, even if it is declared a holiday and conduct transactions, according to a press release from the Office of the Chief Commissioner of Income Tax here on Tuesday.

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