Removal from register of names of valuers and restoration  (1) The 60[Chief Commissioner or Director General] may remove the name of any person from the register of valuers where 61[he] is satisfied, after giving that person a reasonable opportunity of being heard and after such further inquiry, if any, as 61[he] thinks fit to make,— (i)   that […]

(1) The income chargeable under the head “Income from other sources” shall be computed after making the following deductions:—(a) for dividends [excluding those referred to in section 2(40)(f) or interest on securities, any reasonable sum paid as commission orremuneration to a banker or any other person for the purpose of realising such dividend or interest

(1) Irrespective of anything contained in section 93, the following amounts shall not be deductible in computing the income of any assessee chargeable under the head “Income from other sources”:—(a) any personal expenses of the assessee; or(b) any interest chargeable under this Act, payable outside India, on which tax has not been paid or deducted

The provision of section 38(1)(a) shall apply in computing the income of an assessee under section 92, as they apply in computing the income of an assessee under the head “Profits and gains of business or profession”.

All income arising to any person by virtue of transfer,––(a) whether revocable or not, and whether effected before or after the commencement of this Act; and(b) where there is no transfer of assets from which such income arises, shall be chargeable to income-tax as the income of the transferor and shall be included in his

(1) All income arising to any person by virtue of a revocable transfer of assets shall be chargeable to income-tax as income of the transferor and shall be included in his total income.(2) The provisions of sub-section (1) shall not apply, if such transfer—(a) is by way of trust which is not revocable during the

For the purposes of sections 96 and 97, and this section,—(a) “transfer” includes any settlement, trust, covenant, agreement or arrangement;(b) a transfer shall be considered to be revocable, if––(i) it contains any provision for the direct or indirect re-transfer of the whole or any part of the income or assets to the transferor; or(ii) it,

Where, income of a person, other than the assessee, arising from any asset, or income from membership of a firm, is included in the total income of the assessee under this Chapter or under section 25(a), then, irrespective of anything to the contrary contained in any other law in force,––(a) such person, in whose name

In computing the total income of an assessee, there shall be included all income on which no income-tax is payable under Chapter XVIIA-4.