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This is an archive article published on February 9, 1998

Mumbai Notes

I-T warning on tax arrears The Income Tax department has warned Central government offices about defaulting on taxing arrears. Following the...

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I-T warning on tax arrears

  • The Income Tax department has warned Central government offices about defaulting on taxing arrears. Following the acceptance of Fifth Pay Commission recommendations, Central government employees are eligible to receive arrears. However, an I-T press release stated, a number of DDOs had not deducted the full quantum of tax liability on these arrears. Some offices had either deferred payment to subsequent months or had taking into account projected tax savings investments and not the actual investment. All such cases are liable for penal consequences, the I-T warned. Under provisions of Section 192 of the I-T Act, an employer was required to deduct tax at source from any payment in the nature of salary including arrears.
  • Train timings

  • Due to the construction work at Mumbai Chhatrapati Shivaji Terminus, the following trains will be terminated at Dadar station instead of Chhatrapati Shivaji Terminus, Mumbai, from Friday midnight, March 13 for 30 days. 1082Up cape-Mumbai Kanyakumari Express (daily), 1012 Up Kolhapur-Mumbai Mahalaxmi Express (daily), 1354 Up Bhusaval-Mumbai Passenger (daily), 6332 Up Trivandrum-Mumbai Express (Saturdays), 6340 Up Nagercoil-Mumbai Express (Tuesdays, Thursdays and Sundays), 7494 Up Tirupati-Mumbai Express (Monday and Friday). However, the trains will start from CST terminus.
  • "Clarify Rent Act"

  • The federation of associations, an apex body representing chambers of trade, transport and small scale industries, has warned the state government of an agitation if it did not clarify on the standard rent and other proposed amendments to the Rent Control Act. The decision follows meetings held by the association last Thursday and a meeting of the organisers on Friday where an action committee for protection of tenants rights was formed.
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