Income Tax Forms amended

By Vijay Kumar

Form No. 1 – Return for companies and Form. No. 3 – Return for Non – Corporate assessees, not claiming exemption under Section 11(income from property held for charitable purposes), are amended.

Notification No. 159 and 160 dated 1.6.2005

Australian Customs on a fishing expedition – under a lady’s skirt

There was something certainly fishy about a lady passenger arriving at Melbourne International Airport. Customs officers found 51 live tropical fish hidden under her skirt. The officers heard a flipping noise from the vicinity of her waist and then there was no stopping Customs. They found 15 plastic water-filled bags holding fish. Is she a terrorist trying to poison Australia’s fish? Investigations are on and if found guilty, the lady can spend 10 years in jail in addition to about 80,000 Dollars in fine!