Case law › Circulars › 1985 › Circular No. 421

CBDT circular 12 June 1985

Circular No. 421

Finance Act, 1985 - Circular No. 421, Dated 12-6-1985

What this is

Circular No. 421 was issued by the Central Board of Direct Taxes on 12 June 1985. Its subject is Finance Act, 1985 - Circular No. 421, Dated 12-6-1985.

The instrument itself

The text, as the department published it

Read from the department’s own PDF, linked below, and reproduced without editing. Line breaks and spacing are ours; the words are not. For anything you rely on, read the file itself.

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Circular No.

421

Circular Date

12/06/1985

Upload Date

12/06/1985

Circular No. 421, dated 12-06-1985

FINANCE ACT, 1985 - CIRCULAR NO. 421, DATED 12-6-1985

Amendments at a glance

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← Circular No. 422 · Circular No. 420 →

A circular binds the department, not you and not a court. The Board issues a circular to its own officers. An assessee may hold the department to a circular that helps him; the department cannot hold an assessee to one that hurts him, and the Tribunal and the courts decide the law for themselves.

Source: the Income Tax Department’s own published text — its page for this instrument.