Notification No. 38/2012

A notification

What this is

Notification No. 38/2012 was published on 17 September 2012. Its subject is A notification.

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.

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION INCOME-TAX New Delhi, the 17th September 2012 S.O. 2187(E):- In exercise of the powers conferred by clause

(v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, number S.O.709 (E), dated the 20th August, 1998, namely:- In the said notification, in the Table, after serial number 31 and the entries relating thereto, the following serial number and entries shall be inserted, namely :- Sl. No.Financial Year Cost Inflation Index

(1) (2)

(3) “32 2012-13 852” [Notification No. 38/2012/F.No.142/2/2012-SO (TPL)] [Ashis Mohanty] Under Secretary to Government of India Note:- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 709(E), dated the 20th August, 1998 and lastly amended vide number S.O.1438 (E), dated the 23rd June, 2011.

Source: the department’s file.

← Notification No. 39/2012 · Notification No. A-12023/2/2011-ADMN. III (LA), DATED 13-9-2012 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

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