About this document
Overview of Income Tax in India by Azad Singh Bajaria is a document available to read on EtoBox.
This document provides an overview of income tax in India. It discusses the introduction of income tax in India in 1860 and the passage of subsequent income tax acts in 1886, 1918, 1922, and 1961 which remains in force today. It also describes the Central Board of Direct Taxes as the apex body that frames income tax rules. Key concepts covered include assessment year, previous year, definitions of person, assessee, deemed assessee, and assessment. The document outlines the basis of charging income tax and p
- Author
- Azad Singh Bajaria
- Language
- EN