Componenet of Income Tax
Component of Income Tax
Table of content 1) Income Tax Act 1961 2) Annual Finance Act 3) Income Tax Rules 4) Circular and Notif…
Table of content 1) Income Tax Act 1961 2) Annual Finance Act 3) Income Tax Rules 4) Circular and Notif…
In India, Income tax is a tax you pay to the government based on your income. The government uses this tax money for vario…
Concept of HUF The term 'Hindu Undivided Family' has not been defined under the Income Tax Act. It is defined under t…
Assessment Year [Sec. - 2 (9)] Meaning and Definition Assessment year refers to a year in which financial year is asse…
What is TDS? TDS is the abbreviation of Tax deduction at sources. The concept of TDS was introduced with the aim to collect…
HUF is a short form of Hindu Undivided Family. HUF is under in categories of persons under income tax act. The main motive to cr…
Hindi Income tax Accounting Before calculating taxable income first thing is the need that we should know about the residential…
Meaning of Assessee Sec.2(7) Assessee is person who liable to pay Tax, Intrest, or penalty under the Income Tax Act and inc…
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