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SECTIONS Section 115K -181, Income Tax Act, 1961
   
  CHAPTER XII-C: SPECIAL PROVISIONS RELATING TO RETAIL TRADE, ETC.
 

115-K. [OMITTED BY THE FINANCE ACT, 1997, W.E.F. 1-4-1998]
115-L. [OMITTED BY THE FINANCE ACT, 1997, W.E.F. 1-4-1998]
115-M. [OMITTED BY THE FINANCE ACT, 1997, W.E.F. 1-4-1998]
115-N. [OMITTED BY THE FINANCE ACT, 1997, W.E.F. 1-4-1998]
   
  CHAPTER XII-DATE OF DECISION:

SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED PROFITS OF DOMESTIC COMPANIES

115-O. Tax on distributed profits of domestic companies
115-P. Interest payable for non-payment of tax by domestic companies
115-Q. When company is deemed to be in default
   
  CHAPTER XII-E: SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME
115-R. Tax on distributed income to unit holders
115-S. Interest payable for non-payment of tax
115-T. Unit Trust of India or mutual fund to be an assessee in default
   
  CHAPTER XII-F: SPECIAL PROVISIONS RELATING TO TAX ON INCOME RECEIVED FROM VENTURE CAPITAL COMPANIES AND VENTURE CAPITAL FUNDS
115-U. Tax on income in certain cases
   
  CHAPTER XII-G: SPECIAL PROVISIONS RELATING TO INCOME OF SHIPPING COMPANIES
  A.—Meaning of certain expressions
115-V. Definitions
  B.—Computation of tonnage income from business of operating qualifying ships
115-VA. Computation of profits and gains from the business of operating qualifying ships
115-VB. Operating ships
115-VC. Qualifying company
115-VD. Qualifying ship
115-VE. Manner of computation of income under tonnage tax scheme
   
  CHAPTER XII-H: INCOME-TAX ON FRINGE BENEFITS
  A.—Meaning of certain expressions
115-W. Definitions
  B.—Basis of charge
115-WA. Charge of fringe benefit tax
115-WB. Fringe benefits
115-WC. Fringe benefits
  C.—Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof
115-WD. Return of fringe benefits
115-WE. Assessment
115-WF. Best judgment assessment
115-WG. Fringe benefits escaping assessment
115-WH. Issue of notice where fringe benefits have escaped assessment
115-WI. Payment of fringe benefit tax
115-WJ. Advance tax in respect of fringe benefits
115-WK. Interest for default in furnishing return of fringe benefits
115-WKA. Recovery of fringe benefit tax by the employer from the employee
115-WKB. Deemed payment of tax by employee
115-WL. Application of other provisions of this Act
115-WM. Chapter XII-H not to apply after a certain date
   
  CHAPTER XIII: INCOME-TAX AUTHORITIES
  A.—Appointment and control
116. Income-tax authorities
117. Appointment of income-tax authorities
118. Control of income-tax authorities
119. Instructions to subordinate authorities
  B.—Jurisdiction
120. Jurisdiction of income-tax authorities
121. Jurisdiction of Commissioners
121-A. Jurisdiction of Commissioners (Appeals)
122. Jurisdiction of Appellate Assistant Commissioners
123. Jurisdiction of Inspecting Assistant Commissioners
124. Jurisdiction of Assessing Officers
125. Powers of Commissioner respecting specified areas, cases, persons, etc
126. Powers of Board respecting specified area, classes of persons or incomes
127. Power to transfer case
128. Functions of Inspectors of Income-tax
129. Change of incumbent of an office
130. Commissioner competent to perform any function or functions
130-A. Income-tax Officer competent to perform any function or functions
  C.—Powers
131. Power regarding discovery, production of evidence, etc
132. Search and seizure
132-A. Powers to requisition books of account, etc
132-B. Application of seized or requisitioned assets
133. Power to call for information
133-A. Power of survey
133-B. Power to collect certain information
134. Power to inspect registers of companies
135. Power of Director General or Director, Chief Commissioner or Commissioner and Joint Commissioner
136. Proceedings before income-tax authorities to be judicial proceedings
  D.—Disclosure of information
137. Disclosure of information prohibited
138. Disclosure of information respecting assessees
   
  CHAPTER XIV: PROCEDURE FOR ASSESSMENT
139. Return of income
139-A. Permanent account number
139-B. Scheme for submission of returns through Tax Return Preparers
139-C. Power of Board to dispense with furnishing documents, etc., with return
139-D. Filing of return in electronic form
140. Return by whom to be signed
140-A. Self-assessment
141. Provisional assessment
141-A. Provisional assessment for refund
142. Inquiry before assessment
142-A. Estimate by Valuation Officer in certain cases
143. Assessment
144. Best judgment assessment
144-A. Power of Joint Commissioner to issue directions in certain cases
144-B. Reference to Deputy Commissioner in certain cases
144-C. Reference to dispute resolution panel
145. Method of accounting
145-A. Method of accounting in certain cases
146. Reopening of assessment at the instance of the assessee
147. Income escaping assessment
148. Issue of notice where income has escaped assessment
149. Time limit for notice
150. Provision for cases where assessment is in pursuance of an order on appeal, etc
151. Sanction for issue of notice
152. Other provisions
153. Time limit for completion of assessments and reassessments
153-A. Assessment in case of search or requisition
153-B. Time-limit for completion of assessment under section 153A
153-C. Assessment of income of any other person
153-D. Prior approval necessary for assessment in cases of search or requisition
154. Rectification of mistake
155. Other amendments
156. Notice of demand
157. Intimation of loss
158. Intimation of assessment of firm
   
  CHAPTER XIV-A: SPECIAL PROVISION FOR AVOIDING REPETITIVE APPEALS
158-A. Procedure when assessee claims identical question of law is pending before High Court or Supreme Court
   
  CHAPTER XIV-B: SPECIAL PROCEDURE FOR ASSESSMENT OF SEARCH CASES
158-B. Definitions
158-BA. Assessment of undisclosed income as a result of search
158-BB. Computation of undisclosed income of the block period
158-BC. Procedure for block assessment
158-BD. Undisclosed income of any other person
158-BE. Time limit for completion of block assessment
158-BF. Certain interests and penalties not to be levied or imposed
158-BFA. Levy of interest and penalty in certain cases
158-BG. Authority competent to make the block assessment
158-BH. Application of other provisions of this Act
158-BI. Chapter not to apply after certain date
   
  CHAPTER XV: LIABILITY IN SPECIAL CASES
  A.—Legal representatives
159. Legal representatives
  B.—Representative assessees - General provisions
160. Representative assessee
161. Liability of representative assessee
162. Right of representative assessee to recover tax paid
  C.—Representative assessees—Special cases
163. Who may be regarded as agent
164. Charge of tax where share of beneficiaries unknown
164-A. Charge of tax in case of oral trust
165. Case where part of trust income is chargeable
  D.—Representative assessees - Miscellaneous provisions
166. Direct assessment or recovery not barred
167. Remedies against property in cases of representative assessees
  DD.—Firms, association of persons and body of individuals
167-A. Charge of tax in the case of a firm
167-B. Charge of tax where shares of members in association of persons or body of individuals unknown, etc
167-C. Liability of partners of limited liability partnership in liquidation
  E.—Executors
168. Executors
169. Right of executor to recover tax paid
  F.—Succession to business or profession
170. Succession to business otherwise than on death
  G.—Partition
171. Assessment after partition of a Hindu undivided family
  H.—Profits of non-residents from occasional shipping business
172. Shipping business of non-residents
  I.—Recovery of tax in respect of non-residents
173. Recovery of tax in respect of non-resident from his assets
  J.—Persons leaving India
174. Assessment of persons leaving India
  JA.—Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose
174-A. Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose
  K.—Persons trying to alienate their assets
175. Assessment of persons likely to transfer property to avoid tax
  L.—Discontinuance of business, or dissolution
176. Discontinued business
177. Association dissolved or business discontinued
178. Company in liquidation
  M.—Private companies
179. Liability of directors of private company in liquidation
  N.—Special provisions for certain kinds of income
180. Royalties or copyright fees for literary or artistic work
180-A. Consideration for know-how
181. [OMITTED BY THE FINANCE ACT, 1988, W.E.F. 1-4-1989]
 
 
 
 
Section 80A-115JF Section 115K-181
Section 182-260B Section 261-298
First Schedule Second Schedule
Third Schedule Fourth Schedule
Fifth Schedule Sixth Schedule
Seventh Schedule Eighth Schedule
Ninth Schedule Tenth Schedule
Eleventh Schedule Twelfth Schedule
Thirteenth Schedule Fourteenth Schedule
 
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