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