Category: Income Tax

Here we will see Section 8 of The Income Tax Act. Dividend income.— For the purposes of inclusion in the total income of an assessee,— a) any dividend declared by a company or distributed or …

Here we will see Section 7 of The Income Tax Act. Income deemed to be received.— The following incomes shall be deemed to be received in the previous year:— (i) the annual accretion in the …

Here we will see Section 6 of The Income Tax Act. Residence in India.— For the purposes of this Act,— (1) An individual is said to be resident in India in any previous year, if …

Here we will see Section 5A of The Income Tax Act. Apportionment of income between spouses governed by Portuguese Civil Code.— (1) Where the husband and wife are governed by the system of community ofproperty …

Here we will see Section 4 of The Income Tax Act. Charge of income–tax .— (1) Where any Central Act enacts that income–tax shall be charged for any assessment year at any rate or rates, …

Here we will see Section 3 of The Income Tax Act. “Previous year” defined.— For the purposes of this Act, “previous year” means the financial year immediately preceding the assessment year: Provided that, in the …

Here we will see Section 2 of The Income Tax Act. Definitions : In this Act, unless the context otherwise requires,— (1) “advance tax” means the advance tax payable in accordance with the provisions of …