What is Charge of Income Tax?


0
An understanding of the Income Tax law requires a study of Income Tax Act, 1961.
 
 
CHARGE OF INCOME TAX
As provided in Section 4, the total income of the previous year of every person shall be charged to Income Tax at the rates prescribed in the annual Finance Act as applicable to the relevant assessment year.

Like it? Share with your friends!

0
MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

2 Comments

Facebook comments: