365966 889295 income tax section wise

8/3/2019 365966 889295 Income Tax Section Wise

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1

2

3



38

39

40

40A



70

71

71A

71B

72



80T

80TT

80U

80V



115I

115J

115JA



115WL

116



158BE

158BF

158BFA

158BG

158BH



194G

194H194I

194J



242

243

244

244A

245



269F

269G

269H

269I

269J



276E

277277A

278

278A

278AA

278B278C

278D



ort title, extent and commencement

initions

evious year" defined

arge of income-tax

pe of total income

portionment of income between spouses governed by Portuguese Civil Code

sidence in India

ome deemed to be received

dend income

ome deemed to accrue or arise in India

omes not included in total income

ecial provision in respect of newly established undertakings in free trade zone, etc

ecial provisions in respect of newly established Units in Special Economic Zones

ecial provisions in respect of newly established hundred per cent export-oriented undertakings

ecial provisions in respect of export of certain articles or things

aning of computer programmes in certain cases

ecial provision in respect of certain industrial undertakings in North-Eastern Region

ome from property held for charitable or religious purposes

ome of trusts or institutions from contributions

nditions for applicability of sections 11 and 12

cedure for registration

ction 11 not to apply in certain cases

ecial provision relating to incomes of political parties

ads of income

enditure incurred in relation to income not includible in total income

aries

ductions from salaries

ary´, ³perquisite´ and ³profits in lieu of salary´ defined

MITTED BY THE FINANCE ACT, 1988 W.E.F. 1-4-1989]




ome from house property

nual value how determined

ductions from income from house property

ounts not deductible from income from house property

ecial provision for cases where unrealised rent allowed as deduction is realised subsequently

ealised rent received subsequently to be charged to income-tax

ecial provision for arrears of rent receivedperty owned by co-owners

wner of house property´, ³annual charge´, etc., defined

fits and gains of business or profession

ome from profits and gains of business or profession, how computed

nt, rates, taxes, repairs and insurance for buildings

pairs and insurance of machinery, plant and furniture

preciation

estment allowance

estment deposit account

velopment rebate

velopment allowance development account, coffee development account and rubber development account

Restoration Fund

serves for shipping business

habilitation allowance

nditions for depreciation allowance and development rebate

striction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies

enditure on scientific research

enditure on acquisition of patent rights or copyrights



ding, etc., partly used for business, etc., or not exclusively so used

ITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1989]

ounts not deductible

enses or payments not deductible in certain circumstances

its chargeable to tax

cial provision for deductions in the case of business for prospecting, etc., for mineral oil

nitions of certain terms relevant to income from profits and gains of business or profession

cial provisions consequential to changes in rate of exchange of currency

ain deductions to be only on actual payment

cial provision for computation of cost of acquisition of certain assets

cial provision in case of income of public financial institutions, public companies, etc.

rance business

cial provision for deduction in the case of trade, professional or similar association

ntenance of accounts by certain persons carrying on profession or businesst of accounts of certain persons carrying on business or profession

ITTED BY THE FINANCE ACT, 1992, W.E.F. 1-4-1993]

cial provision for computing profits and gains of business of civil construction, etc.

cial provision for computing profits and gains of business of plying, hiring or leasing goods carriages

cial provisions for computing profits and gains of retail business

cial provision for computing profits and gains of shipping business in the case of non-residents

cial provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils

cial provision for computing profits and gains of the business of operation of aircraft in the case of non-residents

cial provision for computing profits and gains of foreign companies, engaged in the business of civil construction, etc., in certain turnkey power projects

uction of head office expenditure in the case of non-residents

cial provisions for computing income by way of royalties, etc., in the case of foreign companies

cial provision for computing income by way of royalties, etc., in case of non-residents

cial provision for computing deductions in the case of business reorganization of co-operative banks

ital gains

ital gains on distribution of assets by companies in liquidation

ital gains on purchase by company of its own shares or other specified securities

nsactions not regarded as transfer

drawal of exemption in certain cases

e of computation

t with reference to certain modes of acquisition

cial provision for computation of capital gains in case of depreciable assets

cial provision for cost of acquisition in case of depreciable asset

cial provision for computation of capital gains in case of slump sale

cial provision for full value of consideration in certain cases

ance money received


ITTED BY THE FINANCE ACT, 1992, W.E.F. 1-4-1993]it on sale of property used for residence

ITTED BY THE FINANCE (NO. 2) ACT, 1971, W.E.F. 1-4-1972]

ital gain on transfer of land used for agricultural purposes not to be charged in certain cases


ital gain on compulsory acquisition of lands and buildings not to be charged in certain cases

ital gain on transfer of capital assets not to be charged in certain cases

ital gain on transfer of long-term capital assets not to be charged in the case of investment in specified securities

ital gain on transfer of long-term capital assets not to be charged in certain cases

ital gain not to be charged on investment in certain bonds

ital gain on transfer of certain listed securities or unit, not to be charged in certain cases

ital gain on transfer of certain capital assets not to be charged in case of investment in residential house

mption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area

mption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area to any Special Economic Zone

ension of time for acquiring new asset or depositing or investing amount of capital gainning of ³adjusted´, ³cost of improvement´ and ³cost of acquisition´

erence to Valuation Officer

me from other sources

uctions

ounts not deductible

its chargeable to tax

nsfer of income where there is no transfer of assets

ocable transfer of assets

nsfer irrevocable for a specified period

nsfer´ and ³revocable transfer´ defined

me of individual to include income of spouse, minor child, etc.

ility of person in respect of income included in the income of another person

al income


hod of computing a member¶s share in income of association of persons or body of individuals

h credits

l i d i t t



off of loss from one source against income from another source under the same head of income

off of loss from one head against income from another

sitional provisions for set off of loss under the head ³Income from house property´

y forward and set off of loss from house property

y forward and set off of business losses

isions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in amalgamation or demerger, etc.

isions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in scheme of amalgamation of banking company in cert

isions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks

ses in speculation business

ses under the head ³Capital gains´

ses from certain specified sources falling under the head "income from other sources"

ses of firms



y forward and set off of losses in case of change in constitution of firm or on successiony forward and set off of losses in the case of certain companies

mission of return for losses

uctions to be made in computing total income


uctions to be made with reference to the income included in the gross total income

uction not to be allowed unless return furnished

nitions

uction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc.

ITTED BY THE FINANCE (NO. 2) ACT, 1996, W.R.E.F. 1-4-1993]

uction in respect of deposits under National Savings Scheme or payment to a deferred annuity plan

uction in respect of investment made under Equity Linked Savings Schemeuction in respect of contribution to certain pension funds

uction in respect of contribution to pension scheme of Central Government

t on deductions under sections 80C, 80CCC and 80CCD

uction in respect of medical insurance premia

uction in respect of maintenance including medical treatment of a dependent who is a person with disability

uction in respect of medical treatment, etc.

uction in respect of interest on loan taken for higher education



uction in respect of donations to certain funds, charitable institutions, etc.

uctions in respect of rents paid

uction in respect of certain donations for scientific research or rural development

uction in respect of contributions given by companies to political parties

uctions in respect of contributions given by any person to political parties

ITTED BY THE TAXATION LAWS (AMENDMENT) ACT, 1975, W.E.F. 1-4-1976]

uction in respect of profits and gains from newly established industrial undertakings or hotel business in backward areas

uction in respect of profits and gains from newly established small-scale industrial undertakings in certain areas

uction in respect of profits and gains from projects outside India

uction in respect of profits and gains from housing projects in certain cases

uction in respect of profits retained for export business

uction in respect of earnings in convertible foreign exchange

uction in respect of profits from export of computer software, etc.

uction in respect of profits and gains from export or transfer of film software, etc.

uction in respect of profits and gains from industrial undertakings after a certain date, etc.

uctions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc.

uctions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone

uction in respect of profits and gains from certain industrial undertakings other than infrastructure development undertakings

cial provisions in respect of certain undertakings or enterprises in certain special category Statesuction in respect of profits and gains from business of hotels and convention centres in specified area

cial provisions in respect of certain undertakings in North-Eastern States



uction in respect of profits and gains from business of collecting and processing of bio-degradable waste

uction in respect of employment of new workmen



uction in respect of certain incomes of Offshore Banking Units and International Financial Services Centre




uction in respect of royalties, etc., from certain foreign enterprises

uction in respect of income of co-operative societies

uction in respect of profits and gains from the business of publication of booksITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1989]

uction in respect of professional income of authors of text books in Indian languages

uction in respect of royalty income, etc., of authors of certain books other than text books

uction in respect of remuneration from certain foreign sources in the case of professors, teachers, etc.

uction in respect of professional income from foreign sources in certain cases

uction in respect of remuneration received for services rendered outside India

uction in respect of royalty on Patents






uction in case of a person with disability





re of member of an association of persons or body of individuals in the income of the association or body


ate to be allowed in computing income-tax

tted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968]

ate on life insurance premia, contribution to provident fund, etc.





ate in respect of securities transaction tax

ef when salary, etc., is paid in arrears or in advance


eement with foreign countries

ption by Central Government of agreements between specified associations for double taxation relief

ntries with which no agreement exists

putation of income from international transaction having regard to arm¶s length price

ning of associated enterprise

ning of international transaction

putation of arm¶s length price

erence to Transfer Pricing Officer

ntenance and keeping of information and document by persons entering into an international transaction

ort from an accountant to be furnished by persons entering into international transaction

nitions of certain terms relevant to computation of arm¶s length price, etc

dance of income-tax by transactions resulting in transfer of income to non-residents

dance of tax by certain transactions in securities









ermination of tax where total income includes income on which no tax is payable

on accumulated balance of recognised provident fundon short-term capital gains in certain cases

on long-term capital gains


in the case of block assessment of search cases



on dividends, royalty and technical service fees in the case of foreign companies

on income from units purchased in foreign currency or capital gains arising from their transfer

on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer

on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer

on income of Foreign Institutional Investors from securities or capital gains arising from their transfer

on profits and gains of life insurance business

on winnings from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or natur

on non-resident sportsmen or sports associations

on income from units of an open-ended equity oriented fund of the unit Trust of India or of Mutual Fundsnymous donations to be taxed in certain cases

nitions

cial provision for computation of total income of non-residents

on investment income and long-term capital gains

tal gains on transfer of foreign exchange assets not to be charged in certain cases

rn of income not to be filed in certain cases

efit under Chapter to be available in certain cases even after the assessee becomes resident



hapter not to apply if the assessee so chooses

pecial provisions relating to certain companies

eemed income relating to certain companies

ax credit in respect of tax paid on deemed income relating to certain companies

pecial provision for payment of tax by certain companies

OMITTED BY THE FINANCE ACT, 1997, W.E.F. 1-4-1998]




ax on distributed profits of domestic companies

terest payable for non-payment of tax by domestic companies

hen company is deemed to be in default

ax on distributed income to unit holders

terest payable for non-payment of taxnit Trust of India or mutual fund to be an assessee in default

ax on income in certain cases

efinitions

omputation of profits and gains from the business of operating qualifying ships

perating ships

ualifying company

ualifying ship

anner of computation of income under tonnage tax scheme

onnage income

omputation of tonnage income

alculation in case of joint operation, etc.

elevant shipping income

eatment of common costs



plication of other provisions of this Act

ome-tax authorities

pointment of income-tax authorities

ntrol of income-tax authorities

tructions to subordinate authorities

risdiction of income-tax authoritiesMITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]

MITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1988]



risdiction of Assessing Officers




wer to transfer cases


ange of incumbent of an office



wer regarding discovery, production of evidence, etc.

arch and seizure

wers to requisition books of account, etc.

plication of seized or requisitioned assets

wer to call for informationwer of survey

wer to collect certain information

wer to inspect registers of companies

wer of Director General or Director, Chief Commissioner or Commissioner and Joint Commissioner

oceedings before income-tax authorities to be judicial proceedings

MITTED BY THE FINANCE ACT, 1964, W.E.F. 1-4-1964]

sclosure of information respecting assessees

turn of income

rmanent account number

heme for submission of returns through Tax Return Preparers

wer of Board to dispense with furnishing documents, etc., with the return

ng of return in electronic form

turn by whom to be signed

lf-assessment

MITTED BY THE TAXATION LAWS (AMENDMENT) ACT, 1970, W.E.F. 1-4-1971]

MITTED BY THE DIRECT TAX LAWS (AMENDMENT) ACT, 1987, W.E.F. 1-4-1989]uiry before assessment

timate by Valuation Officer in certain cases

sessment

st judgment assessment

wer of Joint Commissioner to issue directions in certain cases




me limit for completion of block assessment

rtain interests and penalties not to be levied or imposed

vy of interest and penalty in certain cases

hority competent to make the block assessment

plication of other provisions of this Act

apter not to apply after certain date

gal representatives

presentative assesseebility of representative assessee

ht of representative assessee to recover tax paid

o may be regarded as agent

arge of tax where share of beneficiaries unknown

arge of tax in case of oral trust

se where part of trust income is chargeable

ect assessment or recovery not barred

medies against property in cases of representative assessees

arge of tax in the case of a firm

arge of tax where shares of members in association of persons or body of individuals unknown, etc.

ecutors

ht of executor to recover tax paid

ccession to business otherwise than on death

sessment after partition of a Hindu undivided family

pping business of non-residents

covery of tax in respect of non-resident from his assets

sessment of persons leaving India

sessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpos

sessment of persons likely to transfer property to avoid tax

continued business

sociation dissolved or business discontinued

mpany in liquidation

bility of directors of private company in liquidation

yalties or copyright fees for literary or artistic work

nsideration for know-how


MITTED BY THE FINANCE ACT, 1992, W.E.F. 1-4-1993]MITTED BY THE FINANCE ACT, 1992, W.E.F. 1-4-1993]

sessment as a firm

sessment when section 184 not complied with

ange in constitution of a firm

ccession of one firm by another firm

nt and several liability of partners for tax payable by firm

di l d b i di ti d



mmission, etc., on the sale of lottery tickets

mmission or brokerage

nt

es for professional or technical services

come in respect of units

yment of compensation on acquisition of capital asset

yment of compensation on acquisition of certain immovable property

her sums

come payable ³net of tax´

erest or dividend or other sums payable to Government, Reserve Bank or certain corporationscome in respect of units of non-residents

come from units

come from foreign currency bonds or shares of Indian company

come of Foreign Institutional Investors from securities

rtificate for deduction at lower rate

deduction to be made in certain cases

x deducted is income received

edit for tax deducted

ty of person deducting taxnsequences of failure to deduct or pay

duction only one mode of recovery

rtificate for tax deducted

x deduction and collection account number

rnishing of statement of tax deducted

eaning of ³person responsible for paying´

r against direct demand on assessee

rsons deducting tax to furnish prescribed returns

rnishing of quarterly return in respect of payment of interest to residents without deduction of tax

MITTED BY THE FINANCE (NO. 2) ACT, 1996, W.E.F. 1-10-1996]

ofits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc.

x collection account number

bility for payment of advance tax

nditions of liability to pay advance tax

mputation of advance tax

MITTED BY THE DIRECT TAX LAWS (AMDT.) ACT, 1987, W.E.F. 1-4-1988]

yment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer talments of advance tax and due dates



erest payable by Government

erest payable by assessee

erest payable by assessee in case of underestimate, etc.

erest payable by assessee when no estimate made

hen assessee deemed to be in default

edit for advance tax

hen tax payable and when assessee deemed in default

nalty payable when tax in default

rtificate to Tax Recovery Officer

x Recovery Officer by whom recovery is to be effected

lidity of certificate and cancellation or amendment thereof

f f f f



rrectness of assessment not to be questioned

erest on delayed refunds

erest on refund where no claim is needed

erest on refunds

t off of refunds against tax remaining payable

finitions

ome-tax Settlement Commission

isdiction and powers of Settlement Commission

e-Chairman to act as Chairman or to discharge his functions in certain circumstanceswer of Chairman to transfer cases from one Bench to another

cision to be by majority

plication for settlement of cases

ocedure on receipt of an application under section 245C

wer of Settlement Commission to order provisional attachment to protect revenue

wer of Settlement Commission to reopen completed proceedings

wers and procedure of Settlement Commission

pection, etc., of reports

wer of Settlement Commission to grant immunity from prosecution and penalty

atement of proceeding before Settlement Commissionedit for tax paid in case of abatement of proceedings

der of settlement to be conclusive

covery of sums due under order of settlement

r on subsequent application for settlement

oceedings before Settlement Commission to be judicial proceedings


finitions

thority for advance rulings

cancies, etc., not to invalidate proceedingsplication for advance ruling

ocedure on receipt of application

pellate authority not to proceed in certain cases

plicability of advance ruling

vance ruling to be void in certain circumstances

wers of the Authority

ocedure of Authority

pealable orders

pealable orders before Commissioner (Appeals)


peal by person denying liability to deduct tax in certain cases

rm of appeal and limitation

ocedure in appeal

wers of the Commissioner (Appeals)

pellate Tribunal

peals to the Appellate Tribunal

ders of Appellate Tribunal

ocedure of Appellate Tribunal

MITTED BY THE NATIONAL TAX TRIBUNAL ACT, 2005, WITH EFFECT FROM A DATE YET TO BE NOTIFIED]

atement of case to Supreme Court in certain cases





ring of objections

eal against order for acquisition

eal to High Court

ting of property in Central Government

mpensation

ment or deposit of compensation

istance by Valuation Officers

wers of competent authority

tification of mistakes

earance by authorised representative or registered valuer

ement to be furnished in respect of transfers of immovable property

pter not to apply to transfers to relatives

perties liable for acquisition under this Chapter not to be acquired under other laws

pter not to apply where transfer of immovable property made after a certain date

pter not to extend to State of Jammu and Kashmir

de of taking or accepting certain loans and deposits

de of repayment of certain loans or deposits

de of repayment of Special Bearer Bonds, 1991

mmencement of Chapter

nitions

ropriate authority

trictions on transfer of immovable propertyer by appropriate authority for purchase by Central Government of immovable property

ting of property in Central Government

sideration for purchase of immovable property by Central Government

ment or deposit of consideration

vesting of property in the transferor on failure of payment or deposit of consideration

wers of the appropriate authority

tification of mistakes

trictions on revocation or alteration of certain agreements for the transfer of immovable property or on transfer of certain immovable property

trictions on registration, etc., of documents in respect of transfer of immovable property

munity to transferor against claims of transferee for transfer

er of appropriate authority to be final and conclusive

pter not to apply to certain transfers

pter not to apply where transfer of immovable property effected after certain date


ure to furnish returns, comply with notices, concealment of income, etc.

ure to keep, maintain or retain books of account, documents, etc.

alty for failure to keep and maintain information and document in respect of international transaction

alty where search has been initiated

ure to get accounts audited

alty for failure to furnish report under section 92E

ure to subscribe to the eligible issue of capital

alty for failure to deduct tax at source

alty for failure to collect tax at source

alty for failure to comply with the provisions of section 269SSalty for failure to comply with the provisions of section 269T

alty for failure to furnish return of income

alty for failure to furnish annual information return

alty for failure to furnish return of fringe benefits

alty for failure to furnish information or document under section 92D


alty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc.

alty for failure to comply with the provisions of section 133B

alty for failure to comply with the provisions of section 139A

alty for failure to comply with the provisions of section 203A

alty for failure to comply with the provisions of section 206CA

se estimate of, or failure to pay, advance tax

wer to reduce or waive penalty, etc., in certain casesalty not to be imposed in certain cases

cedure

of limitation for imposing penalties

travention of order made under sub-section (3) of section 132

ure to comply with the provisions of clause (iib) of sub-section (1) of section 132

moval, concealment, transfer or delivery of property to thwart tax recovery




e statement in verification, etc.

ification of books of account or document, etc.

tment of false return, etc.

ishment for second and subsequent offences

ishment not to be imposed in certain cases

nces by companies

nces by Hindu undivided families

sumption as to assets, books of account, etc., in certain cases

sumption as to culpable mental state

secution to be at instance of Chief Commissioner or Commissioner

tain offences to be non-cognizable

of of entries in records or documents

closure of particulars by public servants









tain transfers to be void

PEALED BY THE BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988, W.E.F. 19-5-1988]visional attachment to protect revenue in certain cases

vice of notice generally

vice of notice when family is disrupted or firm, etc., is dissolved

vice of notice in the case of discontinued business



mission of statements by producers of cinematograph films

gation to furnish annual information return


lication of information respecting assessees in certain cases

earance by registered valuer in certain matters

earance by authorised representative

nding off of income

nding off amount payable and refund due

eipt to be givenemnity

wer to tender immunity from prosecution

nizance of offences

tion 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply

urn of income, etc., not to be invalid on certain grounds

sumption as to assets, books of account, etc.

of suits in civil courts

wer to make exemption, etc., in relation to participation in the business of prospecting for, extraction, etc., of mineral oils

wer of Central Government or Board to condone delays in obtaining approval

to have effect pending legislative provision for charge of tax

wer to make exemption, etc., in relation to certain Union territories

wer to make rules

es and certain notifications to be placed before Parliament

eals and savingswer to remove difficulties

t Schedule

ond Schedule

d Schedule

rth Schedule

Schedule

h Schedule

enth Schedule

hth Schedule

h Schedule

th Schedule

venth Schedule

lfth Schedule

teenth Schedule

rteenth Schedule

365966 889295 income tax section wise

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