Whenever we receive an Income Tax notice, we tend to get worried and look for help. Income Tax notice is nothing but a letter seeking clarification on something. If you are a salaried person then not only filing the ITR but also replying to such notices can be done by yourself but if it is […]
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List of Important Direct Tax Sections
Its very important for IPCC students. LIST OF IMPORTANT SECTIONS IMPORTANT DEFINITIONS & BASIC CONCEPTS Sections Provisions 2(31) Person 3 P.Y. 2(9) A.Y. 2(7) Assessee 2(24) Income 2(45) Total Income RESIDENTIAL STATUS Sections Provisions 2(26) Indian Company 2(30) NR – Individual 5(1) Incidence of tax on R/ROR/RNOR 5(2) Incidence of tax […]
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