Circular No. 14 — Finance Act, 2001 - Circular No. 14/2001

What this is

Circular No. 14 was issued by the Central Board of Direct Taxes on 9 November 2001. Its subject is Finance Act, 2001 - Circular No. 14/2001.

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

FINANCE ACT, 2001 - CIRCULAR NO. 14/2001

Amendments at a glance

Rate Structure

Amendments to Wealth-tax Act

Amendments to Expenditure-tax Act

Amendments to National Bank for Agriculture and Rural Development act, 1981

Amendments to National Banking Housing Act, 1987

Amendments to Small Industries Development Bank of India Act, 1989

What it names

It mentions. Circular No. 14/2001

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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.