Indian Income Tax Sections
Under this section too the taxpayer needs to get a certificate from the authorised medical body and furnish the same while tax filing in order to claim the deductions.
Indian income tax sections. Tax deduction varies in amount as different incomes are treated differently under various sections of income tax act. Chapter ii basis of charge 4. The income tax act 1961 arrangement of sections chapter i preliminary sections 1.
2019 20 new amendment of income tax rules 1962 rules for providing conditions and guidelines for pension funds u s 10 23fe of the income tax act 1961 reg. Log on to e filing portal at https incometaxindiaefiling gov in. Agricultural income is defined in section 10 1 of the income tax act 1961.
The income tax department never asks for your pin numbers passwords or similar access information for credit cards banks or other financial accounts through e mail. The income tax department appeals to taxpayers not to respond to such e mails and not to share information relating to their credit card bank and other financial accounts. Apportionment of income between spouses governed by portuguese civil code.
In 2013 income tax department issued letters to 12 19 832 non filers who had done high value transactions. Income tax in india is governed by entry 82 of the union list of the seventh schedule to the constitution of india empowering the central government to tax non agricultural income. If you are not registered with the e filing portal use the register.
You may be one of them. For understanding the overall concept of income tax law in india one should have to know all sections of income tax i e. The income tax deduction under this section is meant for indian residents only.
Order u s 119 of the income tax act 1961 regarding extension of dates for filing of belated and revised itrs for the a y. Scope of total income. The title or contents topics covered under sections 1 to 298 of income tax act 1961 as amended by the latest finance act.