Double Taxation
The Income Tax Act, 1961, is a comprehensive statute that governs the levy, computation, and collection of income tax in India. Among its many provisions,…
Lifting the Corporate Veil
The Income Tax Act, 1961 is a comprehensive statute that governs the collection, assessment, and recovery of income tax in India. Among its many provisions,…
English Authorities
The Income Tax Act, 1961, governs the administration and collection of income tax in India, and it is a statute renowned for its detailed and…
The Income Tax Act, 1961 doesn’t…
The Income Tax Act, 1961 is a comprehensive legislative framework governing income taxation in India. It lays down the rules, procedures, and obligations for individuals,…
Retrospective Legislation
The Income Tax Act, 1961 is a dynamic and comprehensive statute that governs the taxation framework in India. One of its most debated features is…
Exemption claimed under Special Arrangements with…
Income Tax Act, 1961 is a dynamic and far-reaching legislation that governs the taxation framework in India. One of its remarkable features is the provision…
Territorial connection and extraterritorial operation of…
The Income Tax Act, 1961 governs the taxation system in India by prescribing the rules for the determination, assessment, collection, and recovery of income tax.…
Sovereign rulers and Foreign states
The Income Tax Act, 1961 is one of the most detailed statutes governing taxation in India, and its provisions extend beyond domestic entities to include…
Disposition of property so as not…
The Income Tax Act, 1961, as the primary statute governing taxation in India, encompasses a wide range of provisions regarding the treatment of income and…
Marginal Notes and Headings
Statutory interpretation is a crucial function of the judiciary, ensuring that laws are applied accurately and effectively. While external aids like legislative history and dictionaries…
Non-Obstante Clauses
Legal texts are often complex, filled with overlapping provisions that can lead to interpretational conflicts. Non-obstante clauses act as powerful tools within statutes, providing explicit…
Prior Judicial Interpretation or Legislation
Legal interpretation is no simple task! Statutes, though carefully drafted, often contain ambiguous wording, gaps, or complexities that require deeper analysis. Courts, while striving for…