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Tag Archives: tax return
Important Concepts and Procedures under the Income Tax Act
Assessee (Section 2(7)): An assessee is a person by whom any tax or any other sum of money is payable under the Income Tax Act. Assessment Year (Section 2(9)): Assessment… Read more
Income Tax Calculation for FY 2009-10
Income Tax Calculation To calculate the tax to paid for a Financial year, the steps included are : 1) Add all the incomes from different sources to find the Total… Read more
