SAMPLE CHAPTER
Basic Concepts of Income Tax Law and Tax Rates C H A P T E R
S N O I S I V O R P E H T R E D N U D E G R A H C N O S R E P A G N I E B E E S S E S S A N A F O E M R OA CE NY I LS A U T O OI T V EE HR T P NT ON DA V EE I V L E LE R XE AH T AT SR O I F XT A TC E! S MI OH T CF NO )
Income Tax Law:
Y L L U F E R A C D E I D U T S E B O T D E E N S T N E N O P M O C E G M N I I T W O O T L L E O M F I E T H T M O A R I F D N D ) E U N I S S W I A S L R X A L A U T S E R T C I C M S O ! S # N E D O C N T E L U N C I C ) S ! N 2 A I G X A X N C N A I N A O E I $ I T & T D T L N E L E A A C I A M F I T M A C U O S I I O N R C T O D E C N N D N . U * N ) ! ) U R O &
STD NNN OEA IMS T N TCSO E S C S E I ! S S T I AD X D A A T SY TH NI EI L I T MA I B OT AW NL I CO R NCX A ) E AY ETT HC Y ! E T R EME YH OV B E 4 C D NS I E E T EGN N L R B NE E AA M V X HA OL IACL I GR T O R PF S! GA I OR 0 T A S NEE I D ODH N I N T NO T UY ) A EB NS EI N IC MED R XO E RH AF S 4S E T OT A E S ET DNP MNR O T IC OIO T CEF U! NMSC E I EC ANS F OON OCI IRA YDS N VNVPI EAOD& R L NL AP AA EIS U HD SN N N E 4) I IN AL T FT ! O NAE N EOE H L T OC TPY H) SB L WS EAH T OL E T UPG SDPU DEAO NHSR E B TC SE RS X 6UN E) DO H8 I ET C CE IDO L H NRE WA PD (1) Income-tax Act, 1961:
TEESE N HDNR ET AO O IF MFMT NE NO R E R EE RME ES HT S A VU C O O4! ST TL 'OS I E E(N C EA LON HEM L T I T H A D " F D T N OH EI NEH R & ETECCL N O T M A AA S B! TU I T NA N Y I N I T&EN -BC R ! ED!T CAE CEE! HH NS S AACEC IT NPNCH Y I SA NN &I AWB NSN EL LI &I EE HI T "E&LV HEUI Y G BETHDS DCSTEI ENEYHT CAMBCC S E UN IOS F D&C WSF OEEAU OE R HBLI TT RE N TXAV I NIAVI T S A IETT RNR H L N I L E I7EE HNP " D T E IOEO S V CN IE EDG OR H NI AS0N AST S E NE E X W I & H 3T A A L T TF RE RD A E EGOTE L HT YDTC YUN!T OT E E R "S XDS E VS NA S TA AA %T S N I EEEXT A C MH TM OT! AT SC E I NMX L RE A G) A O T E 0DH CE ENTN )M A H FO TO TTO C R N N INAS) E E E AMY T H I A DI G AY2 N U R LE )R EO AV F0 HT H O ET (2) Annual Finance Acts:
T OR CS EE ES A HETI E S T MRL R ERO IOF S O A P D ROCWEN F UNN OTE OP )P V O O NE D I TE G ENI OH A I E T LHTB RL T U 4 A T A TS R C BT I T NY O SU TN OI I L NGM E C EL I NDV I F MI A FL T TE H C YAE DR C S R AR E ! L E T VC EA O PL I HC T E OCX AC T F RRYT EF R EOP PE B E T E FFEEMSV O R S H A I T SETEOR TC C E KL URH TN R E ORO ) P OEFE ES R L V KEAE O HG IR 4AMDT T INHO $MT E TTR " OAI RH #OT TE WEC TM GWU SC E NOS X!I O P R AXTN L 4 MIAEE V D S TA 4OESHEE C T E R EEF MLEWE R AUDOS I S (E $MSRR E U F E S FO SL U CL C S T T O E S A NRR NC H I D) ! Sl E T REU O S A S IH OE T OHI RD ALH F E T "T EA O FR A L R F LO L VW S A O A OH T ST R TS E T S EL SN E N T R E MU E RNNET M A #SAE O T R I N EI R T S UF CE OC E N IHPE DT H ET 4MSM E RY B IS T I E C WE IH TMF E R S O OE TRC F ) PH E DFA MTT NOY L EDC L ! EA U N S I IAX E ST AC I DD DTASL E U NCTL EU RH A!EU EM2ETJ E SH KNR E TO CXAAP XF NT HT O AMT AO ) T (3) Income-tax Rules, 1962:
T SN NR I A A E L T M R U E T CR CR IA HC P T EE IS S R DA WE E L AH HL U 4T E C DSNI R ONOC O T GL A EI SNI MI VI DC IONl T RIE OPB N T E E EE HRB A MT F IFSO R O T AE GL MN UG A OI CT RN R N F A I A 4ECV $ME SD "DEA #NHE K EA4A E S HP T E T YOEN S BC SSA C E DES E EH E AS UTS GRS S S E INOS D S EI DA R RN A A E A SG H EST R R R A E L E SC U R T CBlO R UFF I E O O # R DEE HH YT T F I RF OD A N LEA C C ONE A T E S DD S NI E US AG S S A ME HE E H LT RT B OON RF DO PE T CUO lS SN I C I EED PRN SAA (4) Circulars and Notifications:
TRO EC OT L E F P D J MBSE E R AUL E XSU RW E T O RNDP OEN &ME M N E T C RM !EAS I VD4 EO N H T'A$ " F OLE# A K SR AE NT H ONMT I SE #T O$ I V OE # D RH PTE# EYR E HB WS T TO O T TPPUC T E CMM E J E E LO EX F OPR F EESMP EEL AAN T R X VA SE I E I G OS4RM O E T TR$&P O U " N L E S ET#N V MN EE E O NB D HI TL E4 RD A L E CK I V S lS ODN I T 'N F AOOO I L AST ANN R F TDC O lOT N N I I EA EOT U #BO C Sl EN.S I HOHIT T O YTGY BN U BS R EOTO DR C R! EE F H T UN TES S S SIN HE N I T I L E E IFD RHO O T A I I S SV U ID EG NS N O I O COE T A HP RB I C CUR l U C PS I T SSEE O R HP OT .UT 1.3