Section 4 - Charge of income-tax - Income-tax Act, 1961

Chapter II Basis of charge Charge of income-tax. 4. (1) Where any Central Act enacts that income-tax shall be charged for any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that year in accordance with, and 1 [ subject to the provisions (including provisions for the levy of additional income-tax) of, this Act ] in respect of the total income of the previous year 2 [ **** ] of every person : Provided that where by virtue of any provision of this Act income-tax is to be charged in respect of the income of a period other than the previous year, income-tax shall be charged accordingly. (2) In respect of income chargeable under sub-section (1), income-tax shall be deducted at the source or paid in advance, where it is so deductible or payable under any provision of this Act. **************** NOTES:- 1. Substituted vide Section 5 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1989 before it was read as, subject to the provisions of this Act 2. Omitted vide Section 5 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1989 before it was read as, or previous years, as the case may be,