Table of Contents: (The) law and practice of income tax

Table of Contents:

Meaning and history of income tax, Some important definitions, Basis of charge, Capital & revenue, Residence and tax liability, Incomes exempted from tax, Incomes of charitable or religious trust, Heads of income, Salaries, Income from house properthy. Profits and gains of business or perofession, Depreciation, Investment allowance and development rebate, Capital gains, Income from other sources, Computation of total income, Deductions from gross total income, Income tax authoerities, Proceduer for assessment, Collection and recovery of tax, Appeals and revisions, Refunds, Penalties and prosecutiona, Assessment of individuals, Assessment of Hindu undivided families, Assessmen t of farms and association of persons, Assessment of companies, Computation of tax, Compulsory deposit scheme.