CS ActCentral laws1964
The Companies (Profits) Surtax Act, 1964
An Act to impose a special tax on the profits of certain companies.
Act No. 07 of 1964 · Ministry of Finance
- Sections
- 34
- Classified offences
- 3
Contents
- 1Short title and extent.
- 2Definitions.
- 3Tax authorities.
- 4Charge of tax.
- 5Return of chargeable profits.
- 6Assessment.
- 7Provisional assessment.
- 7AAdvance payment of surtax.
- 7BInterest payable by Government.
- 7CInterest payable by assessee.
- 7DInterest payable by assessee in case of under estimate, etc.
- 8Profits escaping assessment.
- 9Penalties.
- 9AFalse estimate of, or failure to pay, advance surtax.
- 10Opportunity of being heard.
- 11Appeals to the Commissioner (Appeals).
- 11ATransfer of certain pending appeals.
- 12Appeals to Appellate Tribunal.
- 13Rectification of mistakes.
- 14Other amendments.
- 15Surtax deductible in computing distributable income under Income-tax Act.
- 16Revision of orders prejudicial to revenue.
- 17Revision of orders by Chief Commissioner or Commissioner.
- 18Application of provisions of Income-tax Act.
- 19Income-tax papers to be available for the purposes of this Act.
- 20Failure to deliver returns, etc.
- 21False statements.
- 22Abetment of false returns, etc.
- 23Institution of proceedings and composition of offences.
- 24Power to make exemption, etc., in relation to certain Union territories.
- 24AAgreement with foreign countries.
- 24AAPower to make exemption, etc., in relation to participation in the business of prospecting for, extraction, etc., of mineral oils.
- 25Power to make rules.
- 26Saving.