Direct Tax Regime (The Income Tax Act 1961): Indian Tax A Journey скачать в хорошем качестве

Direct Tax Regime (The Income Tax Act 1961): Indian Tax A Journey

1. Basis of taxation of income 2. Basic concepts, Person, Residential Status and Incidence of Tax. 3. Income from Salaries, Income from House Property, Income from Business or profession and vocation 4. Capital gains, Income from other sources 5. Deemed assessee, Set off and Carry Forward Loss 6. Incomes exempted from tax, Permissible deduction & Chapter VIA deductions, 7. Assessment, Kinds of assessment 8. Income tax authorities- Appointment, Powers and Functions, Provisions relating to collection and recovery of tax, Filing of returns, Electronic filing, I.T. Portal working and Refund of tax, Appeal and Revision provisions, Offences and Penalties. This provides a comprehensive examination of the Indian Income Tax Act, 1961, outlining the legal framework for domestic and international taxation. They clarify essential terminology such as residential status, assessees, and the five heads of income, which include salaries and house property. Detailed guidance is offered on the ITR filing process, highlighting the transition between online and offline methods and the necessity of e-verification. Furthermore, the texts describe the administrative hierarchy, ranging from the Central Board of Direct Taxes to local assessing officers, and their respective powers of search, seizure, and survey. Finally, the sources explain the legal remedies available to taxpayers, including the specific procedures for appeals and revisions when disputing official assessments.