Accountancy, asked by das3483gmailcom, 7 months ago

charges of income tax?

Answers

Answered by HarineSakthivel
1

Explanation:

Charge of Income Tax Income tax is charged in assessment year at rates specified by the Finance Act applicable 

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Answered by Simronkhatun5
0

Answer:

Section 4 of the Income-Tax Act, 1961 (the Act), is the basic charging section under which income-tax is chargeable on the total income of every person. ... As per section 14, all income, for the purpose of charge of income-tax and computation of total income, is classified under five heads of income.

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