ITO Section 206 | Circulars.

ITO Section 206

Circulars.

(1) To achieve consistency in the administration of this Ordinance and to provide guidance to taxpayers and officers of the  [Board], the  [Board] may issue Circulars setting out the Board’s interpretation of this Ordinance.

[(2) A circular issued by the [Board] shall be binding on all Income Tax Authorities and other persons employed in the execution of the Ordinance, under the control of the said Board other than Commissioners of Income Tax (Appeals).]

(3) A Circular shall not [be] binding on a taxpayer.

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Explanation of ITO Section 206

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Detail of ITO Section 206

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