Assessment
Computation of Tax Liability or Assessment of Various Categories of Persons like Individual, HUF, Firm, AOP, Companies, Trusts.
(Section 115JH): Special Provisions Relating to Foreign Company said to be Resident In India
All Special Provisions under Section 115JH relating to Foreign Company said to be Resident in India are Described in details...
Special Provisions applicable to a Closely Held Company in which Public are Not Substantially Interested
The following are the Special Provisions under the Income Tax Act which are applicable to a company in which Public...
Tax on Total Income of a Company
Tax on Total Income of A Company is assessed like any other Assessee. However, its liability differs in two respects...
[Section 115BA]: Tax on income of Certain Manufacturing Domestic Companies
Section 115BA: All Special Provisions relating to Rate of Income-Tax on Income of Certain Manufacturing Domestic Companies are described below:...
[Section 115BAA]: Special Provisions of Tax on Income of Certain Domestic Companies
Section 115BAA: All Special Provisions relating to Rate of Income-Tax on Income of Certain Domestic Companies are described below: (1)...
[Section 115BAB]: Special Provisions relating to Tax on Income of Certain New Manufacturing Domestic Companies
Section 115BAB: All Special Provisions relating to Rate of Income-Tax on Income of Certain New Manufacturing Domestic Companies are described...
[Section 115JB] : Minimum Alternative Tax (MAT) – Deemed Income relating to Certain Companies
Provisions of Minimum Alternate Tax (MAT) under Section 115JB for payment of Tax on Deemed Income relating to Certain Companies....
[Section 115JAA]: Allowing Tax Credit in respect of Tax Paid on Deemed Income under MAT Provisions against Tax Liability in Subsequent Years
Section 115JAA: Allowing Tax Credit in respect of Tax paid on Deemed Income of any Domestic Company under MAT Provisions...
How to Compute Book Profit in case of Companies
‘Book profit’ is arrived at after making specified adjustments to the profit as shown in the statement of profit and...
Special Provisions relating to Tax on Distributed Income of Domestic Company for Buy Back of Shares [Section 115QA to Section 115QC]
Under Section 115QA to Section 115QC, all the Special Provisions relating to Tax on Distributed Income of Domestic Company for...
Income Tax Management and Tax Ready Reckoner with Tax Planning for the Assessment Years 2022-2023 & 2023-2024 - for Students, Salaried, Professionals & Businessman.