briefly describe in easy language income tax introduction ...??
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Hey!!
The Bill received the assent of the President on September 13, 1961. The history of Income-Tax in modern India dates back to 1860 when the first Income Tax Act was introduced by James Wilson who became (British) India's first finance member. This Act lapsed in 1865. Thereafter Act-II of 1886 was the next landmark.
by Raunac yadav
The Bill received the assent of the President on September 13, 1961. The history of Income-Tax in modern India dates back to 1860 when the first Income Tax Act was introduced by James Wilson who became (British) India's first finance member. This Act lapsed in 1865. Thereafter Act-II of 1886 was the next landmark.
by Raunac yadav
nikitabajpai199:
i need little easy way buddy....
Answered by
1
Hii
Your answer :- An income tax is a tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund.
Hope it helps you.
~_~
Your answer :- An income tax is a tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund.
Hope it helps you.
~_~
hmm.its quite... help ful
oh! thanks
wlcm
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