Search

statement, for such period, within such time, in such form and manner and to such income-tax...authority, as may be prescribed. (2) Where the...

chargeable to tax in the tax year. (2) In the case of an assessee, being an individual...sub-section (2)(a) and (c) or aggregate of the sum...

under the head “Profits and gains of business or profession”. (2) For the purposes...specified in the agreement and the other provisions of this...

Notice of demand. 289. (1) When any tax, interest, penalty, fine or any other sum...is payable in consequence of any order passed under this...

as income-tax thereon. (2) The income-tax referred to in sub-section (1) shall be...Sub. for...

, direct that, in a case where search has been initiated under section 132 on or...which the undisclosed income was derived; and (iii)   pays the...

of the assessee includes income which is chargeable under the head “Profits and...to such sum furnished by the payee to the prescribed...

includes income on which no tax is payable. 190....income-tax is payable...

enquiry, as it thinks fit; or (b)   cause any further enquiry to be made by any income-tax...means a collegium comprising of three Principal...

156 Notice of demand Content Notice of demand Notice of demand. 156. (1) When any tax..., penalty, fine or any other sum is payable in consequence of any order passed...

Where, as a result of any order passed in appeal or other proceeding under this Act...the assessee, the Assessing Officer shall, except as...

chargeable under the head "Interest on securities", "Income from house property"...assets of a company on its liquidation and the assessee has been...

engaged in the business of plying, hiring or leasing such goods carriages, the income...of such business chargeable to tax...

. (3) If any assessee is in receipt of any income chargeable under the head “Salaries...due, an amount sufficient to discharge the...

fifteen lakh rupees during the tax year referred therein (other than the income...tax year for each of his other sources...

Where the Central Government or the Board or an income-tax authority, who has been...conferred upon the power under any...

Deductions. 93. (1) The income chargeable under the head “Income from other sources...or ₹ 25000, whichever is less, where...

Effect to advance pricing agreement. 169. (1) If a return of income for any tax year...of the relevant tax year; or (b)  ...

under the head "Profits and gains of business or profession" : Provided that this...Ins. by Act No. 08 of 2023, w.e.f. 1-4-2024....CHAPTER IV...

to be profits and gains of business or profession and shall be chargeable to income-tax...chargeable to tax...

of this Act in computing the investment income of a non-resident Indian. (2) In the...income includes any...

purposes of this section, then, instead of the capital gain being charged to income-tax...—[Omitted by the Finance Act,...

be liable to assessment in his own name in respect of that income; but any such...shall not, in respect of that income, be assessed...

Mode of computation of capital gains. 72. (1) Income chargeable under the head “Capital...or under Chapter VIII; (b)   any...

section 151 and section 153, in the case of a person where a search is initiated under...section 132 or books of account, other documents or any assets are requisitioned...

Act, the amount deemed as income in sub-section (1) shall not be allowed as a deduction...under this...

of accounting in certain cases. 277. (1) For the purposes of determining the income...chargeable under the head “Profits and gains of business or...

individual or a Hindu undivided family (other than those who are required to deduct income-tax...whichever is earlier, deduct an amount equal to...

account) or at the time of payment thereof, whichever is earlier shall, deduct income-tax...Ins. by Act No. 15 of 2024,...

an individual has in the previous year paid or deposited any amount out of his income...chargeable to tax to effect or keep in force a contract for...

, 2013 (18 of 2013) where any tax due from— (a)   a private company in respect of...any income of any tax year; or (b)  ...

of private company. 179. (1) Notwithstanding anything contained in the Companies Act..., 1956 (1 of 1956), where any tax due from a private company...

102120000000098196 2025-11-25 226 Tonnage tax scheme....Content Tonnage tax scheme....the tonnage tax scheme. (3) The...

an order imposing penalty under Chapter XXI; or (f)   an order under section 287...referred to in sub-section (1) is passed by or with the prior...

102120000000098227 2025-11-25 257 Proceedings before income-tax authorities to be...Content Proceedings before...

purposes of this section, then, instead of the capital gain being charged to income-tax...section 45 as the income of the...

of Undertakings) Act, 1970 (5 of 1970) or under section 3 of the Banking Companies...(Acquisition and Transfer of Undertakings)...

payable under this Act; or (b)   an increase in a refund of tax or other amount...under this...

, there shall be made in lieu of, or in addition to, the allowances admissible under...and the amount of such expenditure remaining unallowed, shall be chargeable to...

has been transferred; (c)   is transferred under clause (b) in a tax year in which...No. 3 or 4), where deduction under...

sub-section (1) of section 139 and has not made a return or a revised return under...sub-section (4) or sub-section (5) or an updated return under...

been discontinued, the Assessing Officer shall make an assessment of the total income...any provision of this Act, shall apply, so far as may be,...

any provision of this Act shall apply, so far as may be, to such assessment. (2)...this Act in respect of any such association of persons as is...

under the Act is due and cannot be recovered from— (a)   the limited liability partnership...in respect of any income of...

year or a sum of ₹ 40000, whichever is less, from income chargeable to tax of that...tax year, for the medical treatment...

Income deemed to accrue or arise in India. 9. (1) The income referred to in sub-sections...relating to computation of total...

for purchase of new asset, then, instead of the capital gain being charged to income-tax...as the income of the previous...

particulars of expenditure specified in this clause within such period, to such income-tax...Sub. by Act No. 08 of 2023,...

furnishes an authorisation in the prescribed form authorising the Board or any other income-tax...to receive any sum or...

any Central Act or State Act or Provincial Act and filing an application for a patent...under the...

specified violation by a registered non-profit organisation:— (a)   where any income...non-profit organisation, created or established after the commencement of this...

In section 31 of the principal Act, sub-sections (1) and (2) shall be omitted.

Irrespective of anything contained in any other provision of this Act, where a firm...interest, salary, bonus, commission or remuneration shall not be chargeable to...

under this Act in respect of any income arising from the transfer; or (b)   facilitating...which ought to be disclosed by...

Any assessee who is entitled or required to attend before any income-tax authority...any matter relating to the valuation of any asset, otherwise...

enhanced after computation of income under this sub-section : Provided further that...where the total income of an...

purpose of discharging its functions, have all the powers which are vested in the income-tax...Now the Act No. 2 of 1974)....

(a); or (ii)   the tax year in which the extension of the undertaking is completed...any other provision of this Act for the same or any other...

application,— Item number Spacer Provision text (i)   is already pending before any income-tax...to a transaction or issue which is designed prima...

under any other provision of this Act and not being in the nature of capital expenditure...and gains of business or profession" and if there is no...