Circulars of 1994

Every circular the Income Tax Department published in 1994 — 24 of them, newest first. Each one opens on its own page.

Number	Date	What it deals with
Circular No. 698	28 December 1994	Finance (No. 2) Act, 1991 - Circular No. 621, Dated 19-12-1991, as Amended by Circular No. 642, Dated 11-12-1992 and Circular No. 698, Dated 28-12-1994
Circular No. 696	16 December 1994	Section 201 l Consequence of Failure to Deduct or PAY
Circular No. 697	16 December 1994	804. Clarification on the use of challan forms with only three counterfoils for payment of advance tax and self-assessment tax
Circular No. 695	29 November 1994	1163. Streamlining the procedure for obtaining authorisation for payment of sums to non-residents after deduction of tax at source, under section 195(1)
Circular No. 694	23 November 1994	Section 10A l Exemption for NEW Industrial Undertakings in FTZ
Circular No. 693	17 November 1994	556. Whether profits derived from export of cut and polished dimensional blocks, granite or other rocks is eligible for deduction under section 80HHC
Circular No. 692	15 November 1994	Section 193 l Interest on Securities
Circular No. 691	5 September 1994	Effect of decision of the Supreme Court in Distributors (Baroda) (P.) Ltd. v. Union of India [1985] 155 ITR 120
Circular No. 690	1 September 1994	Financial Year 1994-95
Circular No. 689	24 August 1994	Section 143(1)( a) l Prima Facie Adjustments
Circular No. 688	23 August 1994	Section 80E l Repayment of Loan Taken for Higher Education
Circular No. 687	19 August 1994	454. Taxability of interest accrued on the Kisan Vikas Patras
Circular No. 686	12 August 1994	Section 201 l Consequence of Failure to Deduct or PAY
Circular No. 685	17 June 1994	Section 201 l Consequence of Failure to Deduct or PAY
Circular No. 684	10 June 1994	Finance Act, 1994 - Circular No. 684, Dated 10-6-1994
Circular No. 683	8 June 1994	Section 80 l Loss - Submission of Return for
Circular No. 682	30 March 1994	1605B. Clarification regarding agreement for avoidance of double taxation with Mauritius
Circular No. 681	8 March 1994	[Withdrawn by Circular No. 681, Dated 8-3-1994]
Circular No. 680	21 February 1994	Sections 115J & 115JA
Circular No. 679	11 February 1994	679 dated 11 2 1994
Circular No. 678	10 February 1994	532. 100 per cent tax relief for donations made to Chief Minister’s Earthquake Relief Fund, Maharashtra
Circular No. 677	28 January 1994	677 dated 28 1 1994
Circular No. 676	14 January 1994	Section 211 l Instalments of Advance TAX
Circular No. 675	3 January 1994	610. Whether person, who receives payment for film which has been produced, directed or scripted by him, would be entitled to deduction under section 80RR

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.