Section 9: Incomes which Accrue or Arise in India or are Deemed to Accrue or Arise in India
Section 9 : Income Accrue or Deemed to Accrue or Arise in India : Section 9 describes the Incomes which ...
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Tag: Gross Total Income (GTI)
Section 70: Inter-Source Adjustment – Set Off of Losses from one Source against Income from another Source under the same head of Income
The provisions of Section 70, Inter-Source Adjustment – Set Off of Losses from one Source against Income from another Source ...
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Section 71: Inter-Head Adjustment – Set Off of Losses from one Head against income from another Head
As per section 71(1), where in respect of any assessment year, if after setting off losses against income under the ...
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Section 72: Carry Forward and Set Off of Business Losses
As per Section 72, Carry Forward and Set Off of Business Losses which could not be set off in the ...
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Special Provisions of Set Off of Losses in case of an Individual or HUF who has opted to be Taxed as per Provisions of Section 115BAC
Here we discussed all Special Provisions of Set Off of Losses in case of an Individual or HUF who has ...
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Section 64: Clubbing of Income of Spouse, Minor Child, etc.
Necessary Provisions have been made in Section 64, Clubbing of Income, to tax the incomes in the hands of an ...
Read more![[Section 28]-Chargiability-Scope-Meaning of Income](https://incometaxmanagement.in/wp-content/uploads/2023/01/Section-28-Chargiability-Scope-Meaning-of-Income-350x250.jpg)
[Section 28]- Chargeability/Scope/Meaning of Income – Profits and Gain of Business and Profession
Chargeability/Scope/Meaning of Income under the head “Profits and Gains of Business and Profession” under Section 28 to 44D has been ...
Read more![Expenses allowed as a Deduction [Sections 30 to 35] -Profits and Gains of Business and Profession](https://incometaxmanagement.in/wp-content/uploads/2023/01/Expenses-allowed-as-a-Deduction-Sections-30-to-35-350x250.jpg)
Expenses allowed as a Deduction [Sections 30 to 35] -Profits and Gains of Business and Profession
Section 30 to 35 covers the following expenses Allowed as Deduction while computing Profits and Gains of Business and Profession. ...
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Section 36-Other Deductions -Profits and Gains of Business and Profession.
Other Deductions which are specified under section 36 for computing income arising from Business and Profession include the following: 1. ...
Read more![General Deductions [Section 37(1)]](https://incometaxmanagement.in/wp-content/uploads/2023/01/General-Deductions-Section-371-350x250.jpg)
General Deductions [Section 37(1)] -Profits and Gains of Business or Profession
Any expenditure (not being expenditure of the nature described in sections 30 to 36) and not being in the nature ...
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Income Tax Management and Tax Ready Reckoner with Tax Planning for the Assessment Years 2022-2023 & 2023-2024 - for Students, Salaried, Professionals & Businessman.