Post by: Arnold Thomas in Income Tax
Income Tax Section 79 - Set Off and Carry Forward of Losses Section 79 of the Income Tax Act, 1961 deals with the carry forward and set off of losses in case of certain companies. Vide the Finance (No. 2)…
Post by: Bennisha in Income Tax
Section 55A of Income Tax Act The income-tax laws may in certain cases require the tax authorities to ascertain the value of any capital asset while completing the assessment of a taxpayer or for other purposes. In such cases, the…
Post by: Bennisha in Income Tax
Income Tax Welfare Fund Rules, 2007 The Income Tax Welfare Fund Rules 2007, has been formulated to govern the administration of the income tax welfare fund, which has been established to cater to the officers and the staffs of the…
