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 […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 37 : General937. (1) Any expenditure (not being expenditure of the nature described in sections 30 to […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 36 : Other deductions36. (1) The deductions provided for in the following clauses shall be allowed in respect […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 35E : Deduction for expenditure on prospecting, etc., for certain minerals35E. (1) Where an assessee, being an Indian company or a person (other than a […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 35DDA : Amortisation of expenditure incurred under voluntary retirement scheme35DDA. (1) Where an assessee incurs any expenditure in any previous year by way of […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER IV - Computation of total income Income-tax Act 1961Section – 35DD : Amortisation of expenditure in case of amalgamation or demerger35DD. (1) Where an assessee, being an Indian company, incurs any expenditure, on or after […]