Title : Total Income
State : Central
Year : 1961
in computing the total income of an assessee, there shall be included all income on which no income-tax is payable under chapter vii.
View Complete Act List Judgments citing this sectionTitle : Determination of Tax Where Total Income Includes Income on Which No Tax is Payable
State : Central
Year : 1961
..... total income of an assessee any income on which no income-tax is payable under the provisions of this act, the ..... assessee shall be entitled to a deduction, from the amount of income-tax with .....
View Complete Act List Judgments citing this sectionTitle : Tax on Accumulated Balance of Recognised Provident Fund
State : Central
Year : 1961
..... provident fund is included in his total income, owing to the provisions of rule 8 of part ..... fourth schedule becomes payable, super-tax shall be calculated in the manner provided ..... the total of the various sums of tax in accordance with the provisions of sub .....
View Complete Act List Judgments citing this sectionTitle : Inspection, Etc., of Reports
State : Central
Year : 1961
..... copies of, any reports made by any income-tax authority to the settlement commission ; but ..... for analysis, see mashbras income-tax rules. .....
View Complete Act List Judgments citing this sectionTitle : Liability of Person in Respect of Income Included in the Income of Another Person
State : Central
Year : 1961
..... in this chapter or in clause (i) of section 27, the income from any asset or from membership ..... of the tax levied on the assessee which is attributable to the income so included, ..... liable to pay the tax which is attributable to the income from the assets so .....
View Complete Act List Judgments citing this sectionTitle : Credit for Advance Tax
State : Central
Year : 1961
..... chapter shall be treated as a payment of tax in respect of the income of the period which would .....
View Complete Act List Judgments citing this sectionTitle : Salaries
State : Central
Year : 1961
..... or a former employer, if not charged to income-tax for any earlier previous year. ..... the following income shall be chargeable to income-tax under the head salaries ..... advance is included in the total income of any person for any ..... the purposes of this section. .....
View Complete Act List Judgments citing this sectionTitle : Cash Credits
State : Central
Year : 1961
..... sum so credited may be charged to income-tax as the income of the assessee of that previous year .....
View Complete Act List Judgments citing this sectionTitle : Tax on Profits and Gains of Life Insurance Business
State : Central
Year : 1961
..... cent of the amount of income-tax computed under clause (i) of sub-section (1), in such social security ..... required to be made under this sub-section shall be calculated on the income-tax as so reduced. .....
View Complete Act List Judgments citing this sectionTitle : Treatment of Common Costs
State : Central
Year : 1961
..... used for the tonnage tax business by the tonnage tax company, depreciation on such ..... tonnage tax business shall be determined on a reasonable ..... or activity other than the tonnage tax business, common costs attributable to the .....
View Complete Act List Judgments citing this section