Understanding Regular Income-Tax: Section 115JF(b) Explained in the Income Tax Act 1961
Regular Income-Tax, as defined in section 115JF(b) of the Income Tax Act 1961, refers to the income tax that an individual is required to pay for a previous year based on their total income. This calculation is done in accordance with the provisions of the Act, excluding the specific provisions of the chapter in which this definition is found.
Full Summary is availble for active users!
Note: It is a system-generated summary and is for quick
reference only.
TaxTMI 
of 
https://www.taxtmi.com/ma...
TaxTMI 
