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  • 13 Jan 2017 Key Points In Creation Of HUF, Tax saving in HUF AND Format of Affidavit for HUF creation and for apply PAN of HUF - KEY POINTS IN CREATION OF HUF AND FORMAT OF DEED/AFFIDAVIT FOR CREATION OF HUF: ...
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  • 16 Mar 2016 Records/Registers maintained by a Registered Central Excise Manufacturer / Dealer - Records/Registers maintained by a Registered Central Excise Manufacturer/Dealer:...
  • 01 Feb 2016 Collaborations & Joint Development Agreement and Capital Gains Tax - Collaborations & Joint Development Agreement and Capital Gains Tax: A joint ...
  • 26 Jan 2016 Magic of Zero tax on Rs. 10 Lakhs salary Income - Magic of Zero tax on Rs. 10 Lakhs Income Item No. Nature Amount 1 Basic Tax Exem...
  • 17 Dec 2015 Rules regarding quoting of PAN for specified transactions amended effective from 1st January, 2016 - Rules regarding quoting of PAN for specified transactions amended The Government...
  • 13 Nov 2015 Clarifications on Swachh Bharat Cess - The Ministry of Finance, Government of India issued the much awaited clarificati...
  • 02 Nov 2015 Due date of HVAT return for the quarter ended 30th Sept’15 is extended - Due date of HVAT return for the quarter ended 30th Sept’15 is extended fro...
  • Income Tax Act

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     820 items in 17 pages
    1Short title, extent and commencement
    2Definitions
    3Previous year defined
    4Charge of income-tax
    5Scope of total income
    5A Apportionment of income between spouses governed by Portuguese Civil Code
    6Residence in India
    7Income deemed to be received
    8Dividend income
    9Income deemed to accrue or arise in India
    10Incomes not included in total income
    10A Special provision in respect of newly established undertakings in free trade zone, etc
    10AA Special provisions in respect of newly established Units in Special Economic Zones
    10B Special provisions in respect of newly established hundred per cent export-oriented undertakings
    10BA Special provisions in respect of export of certain articles or things
    10BB Meaning of computer programmes in certain cases
    10C Special provision in respect of certain industrial undertakings in North-Eastern Region
    11Income from property held for charitable or religious purposes
    12Income of trusts or institutions from contributions
    12A Conditions for applicability of sections 11 and 12
    12AA Procedure for registration
    13Section 11 not to apply in certain cases
    13A Special provision relating to incomes of political parties
    13B Special provisions relating to voluntary contributions received by electoral trust
    14Heads of income
    14A Expenditure incurred in relation to income not includible in total income
    15Salaries
    16Deductions from salaries
    17“Salary”, “perquisite” and “profits in lieu of salary” defined
    18[Omitted by the Finance Act, 1988, w.e.f. 1-4-1989]
    22Income from house property
    23Annual value how determined
    24Deductions from income from house property
    25Amounts not deductible from income from house property
    25A Special provision for cases where unrealised rent allowed as deduction is realised subsequently
    25AA Unrealised rent received subsequently to be charged to income-tax
    25B Special provision for arrears of rent received
    26Property owned by co-owners
    27“Owner of house property”, “annual charge”, etc., defined
    28Profits and gains of business or profession
    29Income from profits and gains of business or profession, how computed
    30Rent, rates, taxes, repairs and insurance for buildings
    31Repairs and insurance of machinery, plant and furniture
    32Depreciation
    32A Investment allowance
    32AB Investment deposit account
    32AC Investment in new plant or machinery
    33Development rebate
    33A Development allowance
    33AB Tea development account ,coffee development account and rubber development account