February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 29 : Income from profits and gains of business or profession, how computed29. The income referred to in section 28 shall be computed in accordance with the provisions contained in sections […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 28 : Profits and gains of business or profession28. The following income shall be chargeable to income-tax under the head “Profits and gains […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 27 : “Owner of house property”, “annual charge”, etc., defined27. For the purposes of sections 22 to 26— (i) an individual who transfers otherwise […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 26 : Property owned by co-owners26. Where property consisting of buildings or buildings and lands appurtenant thereto is owned by […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 25A : Special provision for arrears of rent and unrealised rent received subsequently25A. (1) The amount of arrears of rent received from a tenant or the unrealised […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 25 : Amounts not deductible from income from house property25. Notwithstanding anything contained in section 24, any interest chargeable under this Act which is […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 24 : Deductions from income from house property24. Income chargeable under the head “Income from house property” shall be computed after making […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 23 : Annual value how determined23. (1) For the purposes of section 22, the annual value of any property shall […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 22 : Income from house property22. The annual value of property consisting of any buildings or lands appurtenant thereto of […]
February 27, 2018Published by Law@HostBooks at February 27, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 18 : [Omitted by the Finance Act, 1988, w.e.f. 1-4-1989]B.—Interest on Securities 18 to 21. [Omitted by the Finance Act, 1988, w.e.f. 1-4-1989.]