Companies (Profits) Surtax Act, 1964
Bare Act · 1964
An Act to impose a special tax on the profits of certain companies.
- Act number
- 7 of 1964
- Enacted
- 2 May 1964
- Contents
- 34 sections
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Contents
- Section 1 – Short title and extent
- Section 2 – Definitions
- Section 3 – Tax authorities
- Section 4 – Charge of tax
- Section 5 – Return of chargeable profits
- Section 6 – Assessment (preview)
- Section 7 – Provisional assessment (preview)
- Section 7A – Advance payment of surtax (preview)
- Section 7B – Interest payable by Government (preview)
- Section 7C – Interest payable by assessee (preview)
- Section 7D – Interest payable by assessee in case of under estimate, etc (preview)
- Section 8 – Profits escaping assessment (preview)
- Section 9 – Penalties (preview)
- Section 9A – False estimate of, or failure to pay, advance surtax (preview)
- Section 10 – Opportunity of being heard (preview)
- Section 11 – Appeals to the Commissioner (Appeals) (preview)
- Section 11A – Transfer of certain pending appeals (preview)
- Section 12 – Appeals to Appellate Tribunal (preview)
- Section 13 – Rectification of mistakes (preview)
- Section 14 – Other amendments (preview)
- Section 15 – Surtax deductible in computing distributable income under Income-tax Act (preview)
- Section 16 – Revision of orders prejudicial to revenue (preview)
- Section 17 – Revision of orders by Chief Commissioner or Commissioner (preview)
- Section 18 – Application of provisions of Income-tax Act (preview)
- Section 19 – Income-tax papers to be available for the purposes of this Act (preview)
- Section 20 – Failure to deliver returns, etc (preview)
- Section 21 – False statements (preview)
- Section 22 – Abetment of false returns, etc (preview)
- Section 23 – Institution of proceedings and composition of offences (preview)
- Section 24 – Power to make exemption, etc., in relation to certain Union territories (preview)
- Section 24A – Agreement with foreign countries (preview)
- Section 24AA – Power to make exemption, etc., in relation to participation in the business of prospecting for, extraction, etc., of mineral oils (preview)
- Section 25 – Power to make rules (preview)
- Section 26 – Saving (preview)