February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43C : Special provision for computation of cost of acquisition of certain assets43C. (1) Where an asset [not being an asset referred to in sub-section (2) of […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43B : Certain deductions to be only on actual payment43B. Notwithstanding anything contained in any other provision of this Act, a deduction otherwise allowable […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43A : Special provisions consequential to changes in rate of exchange of currency43A. Notwithstanding anything contained in any other provision of this Act, where an assessee has […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 43 : Definitions of certain terms relevant to income from profits and gains of business or profession43. In sections 28 to 41 and in this section, unless the context otherwise requires— […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 42 : Special provision for deductions in the case of business for prospecting, etc., for mineral oil42. (1) For the purpose of computing the profits or gains of any business consisting […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 41 : Profits chargeable to tax41. (1) Where an allowance or deduction has been made in the assessment for any […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 40A : Expenses or payments not deductible in certain circumstances40A. (1) The provisions of this section shall have effect notwithstand- ing anything to the […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 40 : Amounts not deductible40. Notwithstanding anything to the contrary in sections 30 to 38, the following amounts shall […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 39 : Managing agency commission39. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4- 1989.]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 38 : Building, etc., partly used for business, etc., or not exclusively so used38. (1) Where a part of any premises is used as dwelling house by the […]