Author name: Editorial Team

Section 43A of Income Tax Act 1961-Special provisions consequential to changes in rate of exchange of currency  Notwithstanding anything contained […]

Section 43 of Income Tax Act 1961-Definitions of certain terms relevant to income from profits and gains of business or

Section 42 of Income Tax Act 1961-Special provision for deductions in the case of business for prospecting, etc., for mineral

Section 41 of Income Tax Act 1961-Profits chargeable to tax  (1) Where an allowance or deduction has been made in

Section 40A of Income Tax Act 1961-Expenses or payments not deductible in certain circumstances  (1) The provisions of this section

Section 40 of Income Tax Act 1961-Amounts not deductible  Notwithstanding anything to the contrary in sections 30 to 38, the following amounts shall