Daily Archives: November 27, 2017

Income Tax Act 1961

By | November 27, 2017

Income Tax Act 1961 ( Compilation of  important Sections ) Section  6 : Residence in India. Section 17 : Salary, perquisite and profits in lieu of salary Section 24 : Deductions from income from house property Section 43AA : Taxation of foreign exchange fluctuation. Section 43B : Certain deductions to be only on actual payment. Section… Read More »