Title : Deduction in Respect of Professional Income of Authors of Text Books in Indian Languages
State : Central
Year : 1961
..... this section, be allowed in computing the total income of the assessee, a deduction from such income of ..... explanation : for the purposes of this section, (i) author includes a joint author; ..... that assessment year, includes any income derived by him in the .....
View Complete Act List Judgments citing this sectionTitle : Rebate of Income-tax in Case of Women Below Sixty-five Years [Omitted]
State : Central
Year : 1961
..... , shall be entitled to a deduction from the amount of income-tax (as computed before allowing the ..... to omission, section 88c, as inserted by the finance act, 2000, with effect from 1st april ..... omitted by the finance act, 2005, with effect from 1st april, 2006 .....
View Complete Act List Judgments citing this sectionTitle : Countries with Which No Agreement Exists
State : Central
Year : 1961
..... section, (i) the expression indian income-tax means income-tax charged in accordance with the provisions of this act ..... to a deduction from the indian income-tax payable by him of a sum calculated on, such doubly taxed income so included .....
View Complete Act List Judgments citing this sectionTitle : Report from an Accountant to Be Furnished by Persons Entering into International Transaction
State : Central
Year : 1961
..... for analysis, see mashbras income-tax rules. ..... inserted by the finance act, 2001, with effect from 1st april, 2002. 2. ..... a previous year shall obtain a report from an accountant and furnish such report .....
View Complete Act List Judgments citing this sectionTitle : Special Provision for Computation of Total Income of Non-residents
State : Central
Year : 1961
..... the second proviso to section 48 shall apply to income chargeable under the head ..... (a) the gross total income consists only of investment income or income by way of long- ..... any provision of this act in computing the investment income of a nonresident indian. .....
View Complete Act List Judgments citing this sectionTitle : Chapter Not to Apply if the Assessee So Chooses
State : Central
Year : 1961
..... tax on such total income shall be charged in accordance with the other provisions of this act ..... his return of income for that assessment year under section 139 declaring therein .....
View Complete Act List Judgments citing this sectionTitle : Operating Ships
State : Central
Year : 1961
for the purposes of this chapter, a company shall be regarded as operating a ship if it operates any ship whether owned or chartered by it and includes a case where even a part of the ship has been chartered in by it in an arrangement such as slot charter .....
View Complete Act List Judgments citing this sectionTitle : Limit for Charter in of Tonnage
State : Central
Year : 1961
..... section (1) had exceeded in any two consecutive previous years, the option for tonnage tax scheme ..... any previous year, the total income of such company in relation to that ..... shall cease to have effect from the beginning of .....
View Complete Act List Judgments citing this sectionTitle : Maintenance and Audit of Accounts
State : Central
Year : 1961
..... an option for tonnage tax scheme by a tonnage tax company shall not have effect in ..... explanation : for the purposes of this section, accountant shall have the same ..... (ii) furnishes, along with the return of income for that previous year, the .....
View Complete Act List Judgments citing this sectionTitle : Effect of Temporarily Ceasing to Operate Qualifying Ships
State : Central
Year : 1961
(1) a temporary cessation (as against permanent cessation) of operating any qualifying ship by a company shall not be considered as a cessation of operating of such qualifying ship and the company shall be deemed to be operating such qualifying ship for .....
View Complete Act List Judgments citing this section