Clause (9): Assessment Year

Clause (9): Assessment Year under Income Tax Act, 1961 Understanding the assessment year is crucial for navigating the complexities of Indian income tax. This article…

Clause (7A): Assessing Officer

Clause (7A): Assessing Officer Under Income Tax Act, 1961 Clause (7A) of Section 2 of the Income Tax Act, 1961, defines “Assessing Officer.” Understanding this…

Assessee – seven categories

Assessee – Seven Categories Under Income Tax Act, 1961 The Income Tax Act, 1961, defines an ‘assessee’ broadly, encompassing various entities subject to income tax…

(h) Disintegration of Income into Agricultural…

Disintegration of Income into Agricultural and Non-Agricultural Elements under Indian Income Tax Law The Indian Income Tax Act, 1961, distinguishes between agricultural income and non-agricultural…

(f) Non-agricultural Income does not become…

Non-Agricultural Income: The Indirect Connection Conundrum under Indian Income Tax Act The Indian Income Tax Act, 1961, meticulously categorizes income into various heads, including agricultural…

Apportionment

Apportionment of Income Under the Income Tax Act, 1961: A Comprehensive Guide Apportionment of income plays a crucial role in determining the taxable income of…

Clause (7) [Section 2(9) of 1922…

Clause (7) [Section 2(9) of 1922 Act]: Assessee – A Comprehensive Analysis under Indian Income Tax Law Section 2(9) of the Income Tax Act, 1922,…

Clause (1B) [Explanation to Section 10(2)(vi)(c)…

Clause (1B) [Explanation to Section 10(2)(vi)(c) of the 1922 Act]: Amalgamation under Indian Income Tax Clause (1B) of the explanation to Section 10(2)(vi)(c) of the…

Reference to Court

Reference to Court under Income Tax in India Reference to Court under the Income Tax Act, 1961, signifies the process by which a taxpayer or…

(ii) Land Situated in India

Income Tax Implications of Land Situated in India Land situated in India holds a unique position within the Indian Income Tax Act, 1961. Its taxation…

Sub-section (2): “It Extends to the…

Sub-section (2): “It Extends to the Whole of India” – A Comprehensive Analysis under Indian Income Tax Law Introduction Section 1 of the Income-tax Act,…

Look at Test

Look at Test: A Comprehensive Guide to Understanding and Navigating Visual Examination Understanding the world around us relies heavily on our sense of sight. We…