Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Income Tax
Home Acts & Rules Income Tax Act Income-tax Act, 1961 Part D = Profits and gains of business or profession Chapters List This

Profits and gains of business or profession - Income-tax Act, 1961

Chapter: IV
COMPUTATION OF TOTAL INCOME

Heads of income
Part: D
Profits and gains of business or profession
Section 28 : Profits and gains of business or profession
Section 29 : Income from profits and gains of business or profession, how computed
Section 30 : Rent, rates, taxes, repairs and insurance for buildings
Section 31 : Repairs and insurance of machinery, plant and furniture
Section 32 : Depreciation
Section 32A : Investment allowance
Section 32AB : Investment deposit account
Section 32AC : Investment in new plant or machinery.
Section 32AD : Investment in new plant or machinery in notified backward areas in certain States
Section 33 : Development rebate
Section 33A : Development allowance
Section 33AB : Tea development account, coffee development account and rubber development account
Section 33ABA : Site Restoration Fund
Section 33AC : Reserves for shipping business
Section 33B : Rehabilitation allowance
Section 34 : Conditions for depreciation allowance and development rebate
Section 34A : Restriction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies
Section 35 : Expenditure on scientific research
Section 35A : Expenditure on acquisition of patent rights or copyrights
Section 35AB : Expenditure on know-how
Section 35ABA : Expenditure for obtaining right to use spectrum for telecommunication services.
Section 35ABB : Expenditure for obtaining licence to operate telecommunication services
Section 35AC : Expenditure on eligible projects or schemes
Section 35AD : Deduction in respect of expenditure on specified business.
Section 35B : Omitted
Section 35C : Omitted
Section 35CC : Omitted
Section 35CCA : Expenditure by way of payment to associations and institutions for carrying out rural development programmes
Section 35CCB : Expenditure by way of payment to associations and institutions for carrying out programmes of conservation of natural resources
Section 35CCC : Expenditure on agricultural extension project.
Section 35CCD : Expenditure on skill development project.
Section 35D : Amortisation of certain preliminary expenses
Section 35DD : Amortisation of expenditure in case of amalgamation or demerger
Section 35DDA : Amortisation of expenditure incurred under voluntary retirement scheme
Section 35E : Deduction for expenditure on prospecting, etc., for certain minerals
Section 36 : Other deductions
Section 37 : General
Section 38 : Building, etc., partly used for business, etc., or not exclusively so used
Section 39 : Omitted
Section 40 : Amounts not deductible
Section 40A : Expenses or payments not deductible in certain circumstances
Section 41 : Profits chargeable to tax
Section 42 : Special provision for deductions in the case of business for prospecting, etc., for mineral oil
Section 43 : Definitions of certain terms relevant to income from profits and gains of business or profession
Section 43A : Special provisions consequential to changes in rate of exchange of currency
Section 43AA. : Taxation of foreign exchange fluctuation
Section 43B : Certain deductions to be only on actual payment
Section 43C : Special provision for computation of cost of acquisition of certain assets
Section 43CA : Special provision for full value of consideration for transfer of assets other than capital assets in certain cases.
Section 43CB : Computation of income from construction and service contracts.
Section 43D : Special provision in case of income of public financial institutions, public companies, etc.
Section 44 : Insurance business
Section 44A : Special provision for deduction in the case of trade, professional or similar association
Section 44AA : Maintenance of accounts by certain persons carrying on profession or business
Section 44AB : Audit of accounts of certain persons carrying on business or profession
Section 44AC : Omitted
Section 44AD : Special provision for computing profits and gains of business on presumptive basis.
Section 44ADA : Special provision for computing profits and gains of profession on presumptive basis.
Section 44AE : Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages
Section 44AF : Special provisions for computing profits and gains of retail business
Section 44B : Special provision for computing profits and gains of shipping business in the case of non-residents
Section 44BB : Special provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils
Section 44BBA : Special provision for computing profits and gains of the business of operation of aircraft in the case of non-residents
Section 44BBB : Special provision for computing profits and gains of foreign companies engaged in the business of civil construction, etc., in certain turnkey power projects
Section 44C : Deduction of head office expenditure in the case of non-residents
Section 44D : Special provisions for computing income by way of royalties, etc., in the case of foreign companies
Section 44DA : Special provision for computing income by way of royalties, etc., in case of non-residents
Section 44DB : Special provision for computing deductions in the case of business reorganization of co-operative banks
 
 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||