Income Tax Act, 1952 (Section 245)

HC Deb 12 May 1965 vol 712 cc95-7W

Mr. George Y. Mackie

asked the Chancellor of the Exchequer how many companies made returns to the revenue in respect of the years 1963–64 and 1964-

granted; and how many licences are at present in force.

Mr. Greenwood

pursuant to his reply of 1st April [OFFICIAL REPORT, Vol. 709, c. 1837], supplied the following information:

The list below gives details of the licensed publications in Aden.

65 to which Section 245 of the Income Tax Act, 1952, applied; and how many of those companies were the subject of a direction under that Section.

Mr. Diamond

The number of companies within Section 245, Income Tax Act, 1952, is not known but is believed to be about a quarter of a million. A direction under Section 245 was made in the case of 1,014 companies in 196364 and 1,294 in 1964–65.