Tax on income of certain manufacturing domestic companies  (1) Notwithstanding anything contained in this Act but subject to the other provisions of this Chapter, other than those mentioned under section 115BAA and section 115BAB, the income-tax payable in respect of the total income of a person, being a domestic company, for any previous year relevant to the assessment […]

Tax on profits and gains of life insurance business (1) Where the total income of an assessee includes any profits and gains from life insurance business, the income-tax payable shall be the aggregate of—  (i) the amount of income-tax calculated on the amount of profits and gains of the life insurance business included in the

Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer (1) Where the total income of a specified fund or Foreign Institutional Investor includes— (a) income received in respect of securities (other than units referred to in section 115AB); or (b) income by way of short-term or long-term capital gains

Tax on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer (1) Where the total income of an assessee, being an individual, who is a resident and an employee of an Indian company engaged in specified knowledge based industry or service, or an employee of its subsidiary engaged

Tax on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer (1) Where the total income of an assessee, being a non-resident, includes— (a) income by way of interest on bonds of an Indian company issued in accordance with such scheme as the Central Government may,

Tax on income from units purchased in foreign currency or capital gains arising from their transfer (1) Where the total income of an assessee, being an overseas financial organisation (hereinafter referred to as Offshore Fund) includes— (a) income received in respect of units purchased in foreign currency; or (b) income by way of long-term capital

Tax on dividends, royalty and technical service fees in the case of foreign companies (1) Where the total income of— (a) a non-resident (not being a company) or of a foreign company, includes any income by way of—   (i) dividends; or  (ii) interest received from Government or an Indian concern on monies borrowed or

Tax on capital gains in case of companies [Omitted by the Finance Act, 1987, w.e.f. 1-4-1988.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company

Tax on capital gains in cases of assessees other than companies [Omitted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968 and reintroduced with material modifications in section 80T. Section 114 was substituted first by the Finance (No. 2) Act, 1962, w.e.f. 1-4-1962 and later on amended by the Finance Act, 1964, w.e.f. 1-4-1964, the

Tax in the case of block assessment of search cases The total undisclosed income of the block period, determined under section 158BC, shall be chargeable to tax at the rate of sixty per cent: Provided that the tax chargeable under this section shall be increased by a surcharge, if any, levied by any Central Act and applicable