Chapter list for section | Taxsutra

Chapter list for section

Chapter I(1 to 3)

1 Short title, extent and commencement

3 “Previous year” defined

Chapter II(4 to 9)

4 Charge of income-tax

5A Apportionment of income between spouses governed by Portuguese Civil Code

6 Residence in India

7 Income deemed to be received

8 Dividend income

9 Income deemed to accrue or arise in India

5 Scope of total income

9A Certain activities not to constitute business connection in India

Chapter III(10 to 13B )

10 Incomes not included in total income

10A Special provision in respect of newly established undertakings in free trade zone, etc

10AA Special provisions in respect of newly established Units in Special Economic Zones

10B Special provisions in respect of newly established hundred per cent export oriented undertakings

10BA Special provisions in respect of export of certain articles or things

10BB Meaning of computer programmes in certain cases

10C Special provision in respect of certain industrial undertakings in NorthEastern Region

11 Income from property held for charitable or religious purposes

12 Income of trusts or institutions from contributions

12A Conditions for applicability of sections 11 and 12

12AA Procedure for registration

13 Section 11 not to apply in certain cases

13A Special provision relating to incomes of political parties.

13B Special provisions relating to voluntary contributions received by electoral trust.

Chapter IV(14 to 59)

14 Heads of income

14A Expenditure incurred in relation to income not includible in total income

16 Deductions from salaries

17 “Salary”, “perquisite” and “profits in lieu of salary” defined

18-21 Omitted

22 Income from house property

23 Annual value how determined

24 Deductions from income from house property

25 Amounts not deductible from income from house property

25A Special provision for cases where unrealised rent allowed as deduction is realised subsequently

25AA Unrealised rent received subsequently to be charged to income-tax

25B Special provision for arrears of rent received

26 Property owned by co-owners

27 “Owner of house property”, “annual charge”, etc., defined

28 Profits and gains of business or profession

29 Income from profits and gains of business or profession, how computed

30 Rent, rates, taxes, repairs and insurance for buildings

31 Repairs and insurance of machinery, plant and furniture

32 Depreciation

32A Investment allowance

32AB Investment deposit account

33 Development rebate

33A Development allowance

33AB Tea development account, coffee development account and rubber development account

33ABA Site Restoration Fund

33AC Reserves for shipping business

33B Rehabilitation allowance

34 Conditions for depreciation allowance and development rebate.

34A Restriction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies

35 Expenditure on scientific research

35A Expenditure on acquisition of patent rights or copyrights

35AB Expenditure on know-how

35ABB Expenditure for obtaining licence to operate telecommunication services

35AC Expenditure on eligible projects or schemes

35AD Deduction in respect of expenditure on specified business

35B Export markets development allowance (omitted)

35C Agricultural development allowance (omitted)

35CC Rural development allowance (omitted)

35D Amortisation of certain preliminary expenses

35DD Amortisation of expenditure in case of amalgamation or demerger

35DDA Amortisation of expenditure incurred under voluntary retirement scheme

35E Deduction for expenditure on prospecting, etc., for certain minerals

36 Other deductions

38 Building, etc., partly used for business, etc., or not exclusively so used

39 Managing agency commission(Omitted)

40 Amounts not deductible

40A Expenses or payments not deductible in certain circumstances

41 Profits chargeable to tax

42 Special provision for deductions in the case of business for prospecting, etc., for mineral oil

43 Definitions of certain terms relevant to income from profits and gains of business or profession

43A Special provisions consequential to changes in rate of exchange of currency

43B Certain deductions to be only on actual payment

43C Special provision for computation of cost of acquisition of certain assets

43D Special provision in case of income of public financial institutions, public companies, etc

44 Insurance business

44A Special provision for deduction in the case of trade, professional or similar association

44AA Maintenance of accounts by certain persons carrying on profession or business

44AB Audit of accounts of certain persons carrying on business or profession

44AC Special provision for computing profits and gains from the business of trading in certain goods (Omitted)

44AD Special provision for computing profits and gains of business on presumptive basis

44AE Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages

44AF Special provisions for computing profits and gains of retail business

44B Special provision for computing profits and gains of shipping business in the case of nonresidents

44BB Special provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils

44BBA Special provision for computing profits and gains of the business of operation of aircraft in the case of non-residents

44BBB Special provision for computing profits and gains of foreign companies engaged in the business of civil construction, etc., in certain turnkey power projects

44C Deduction of head office expenditure in the case of non-residents

44D Special provisions for computing income by way of royalties, etc., in the case of foreign companies

44DA Special provision for computing income by way of royalties, etc., in case of non-residents

44DB Special provision for computing deductions in the case of business reorganization of cooperative banks

45 Capital gains

46 Capital gains on distribution of assets by companies in liquidation

46A Capital gains on purchase by company of its own shares or other specified securities

47 Transactions not regarded as transfer

47A Withdrawal of exemption in certain cases

48 Mode of computation

49 Cost with reference to certain modes of acquisition

50 Special provision for computation of capital gains in case of depreciable assets

50A Special provision for cost of acquisition in case of depreciable asset

50B Special provision for computation of capital gains in case of slump sale

50C Special provision for full value of consideration in certain cases

51 Advance money received

52 Consideration for transfer in cases of understatement ( Omitted)

53 Exemption of capital gains from a residential house ( Omitted)

54 Profit on sale of property used for residence

54A Relief of tax on capital gains in certain cases (Omitted)

54B Capital gain on transfer of land used for agricultural purposes not to be charged in certain cases

54C Capital gain on transfer of jewellery held for personal use not to be charged in certain cases (Omitted).

54D Capital gain on compulsory acquisition of lands and buildings not to be charged in certain cases

54E Capital gain on transfer of capital assets not to be charged in certain cases

54EA Capital gain on transfer of long-term capital assets not to be charged in the case of investment in specified securities

54EB Capital gain on transfer of long-term capital assets not to be charged in certain cases

54EC Capital gain not to be charged on investment in certain bonds

54ED Capital gain on transfer of certain listed securities or unit not to be charged in certain cases

54F Capital gain on transfer of certain capital assets not to be charged in case of investment in residential house

54G Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area

54GA Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area to any Special Economic Zone

54H Extension of time for acquiring new asset or depositing or investing amount of capital gain

55 Meaning of “adjusted”, “cost of improvement” and “cost of acquisition”

55A Reference to Valuation Officer

56 Income from other sources

58 Amounts not deductible

59 Profits chargeable to tax

35CCA Expenditure by way of payment to associations and institutions for carrying out rural development programmes.

35CCB Expenditure by way of payment to associations and institutions for carrying out programmes of conservation of natural resources.

35CCC Expenditure on agricultural extension project

35CCD Expenditure on skill development project

50D Fair market value deemed to be full value of consideration in certain cases

54GB Capital gain on transfer of residential property not to be charged in certain cases

32AC Investment in new plant or machinery

43CA Special provision for full value of consideration for transfer of assets other than capital assets in certain cases

32AD Investment in new plant or machinery in notified backward areas in certain States

Chapter V(60 to 65)

60 Transfer of income where there is no transfer of assets

61 Revocable transfer of assets

62 Transfer irrevocable for a specified period

63 “Transfer” and “revocable transfer” defined

64 Income of individual to include income of spouse, minor child, etc

65 Liability of person in respect of income included in the income of another person

Chapter VI(66 to 80)

66 Total income

67 Method of computing a partner’s share in the income of the firm (omitted)

67A Method of computing a member’s share in income of association of persons or body of individuals

68 Cash credits

69 Unexplained investments

69A Unexplained money, etc

69B Amount of investments, etc., not fully disclosed in books of account

69C Unexplained expenditure, etc

69D Amount borrowed or repaid on hundi

70 Set off of loss from one source against income from another source under the same head of income

71 Set off of loss from one head against income from another

71A Transitional provisions for set off of loss under the head “Income from house property”

71B Carry forward and set off of loss from house property

72 Carry forward and set off of business losses

72A Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in amalgamation or demerger, etc

72AA Provisions relating to carry forward and set-off of accumulated loss and unabsorbed depreciation allowance in scheme of amalgamation of banking company in certain cases

72AB Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks

73 Losses in speculation business

73A Carry forward and set off of losses by specified business

74 Losses under the head “Capital gains”

74A Losses from certain specified sources falling under the head “Income from other sources”

75 Losses of firms

78 Carry forward and set off of losses in case of change in constitution of firm or on succession

79 Carry forward and set off of losses in the case of certain companies

80 Submission of return for losses

Chapter VI-A(80A to 80VV)

80A Deductions to be made in computing total income

80AA Computation of deduction under section 80M (omitted)

80AB Deductions to be made with reference to the income included in the gross total income

80AC Deduction not to be allowed unless return furnished

80B Definitions

80C Deduction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc

80CC Deduction in respect of investment in certain new shares (omitted)

80CCA Deduction in respect of deposits under National Savings Scheme or payment to a deferred annuity plan

80CCB Deduction in respect of investment made under Equity Linked Savings Scheme

80CCC Deduction in respect of contribution to certain pension funds

80CCD Deduction in respect of contribution to pension scheme of Central Government

80CCE Limit on deductions under sections 80C, 80CCC and 80CCD

80CCF Deduction in respect of subscription to long-term infrastructure bonds

80D Deduction in respect of health insurance premia

80DD Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability

80DDB Deduction in respect of medical treatment, etc

80E Deduction in respect of interest on loan taken for higher education

80F Deduction in respect of educational expenses in certain cases (omitted)

80FF Deduction in respect of expenses on higher education in certain cases (omitted)

80G Deduction in respect of donations to certain funds, charitable institutions, etc

80GG Deductions in respect of rents paid

80GGA Deduction in respect of certain donations for scientific research or rural development

80GGB Deduction in respect of contributions given by companies to political parties

80GGC Deduction in respect of contributions given by any person to political parties

80H Deduction in case of new industrial undertakings employing displaced persons, etc (omitted)

80HH Deduction in respect of profits and gains from newly established industrial undertakings or hotel business in backward areas

80HHA Deduction in respect of profits and gains from newly established small-scale industrial undertakings in certain areas

80HHB Deduction in respect of profits and gains from projects outside India

80HHBA Deduction in respect of profits and gains from housing projects in certain cases

80HHC Deduction in respect of profits retained for export business

80HHD Deduction in respect of earnings in convertible foreign exchange

80HHE Deduction in respect of profits from export of computer software, etc

80HHF Deduction in respect of profits and gains from export or transfer of film software, etc

80I Deduction in respect of profits and gains from industrial undertakings after a certain date, etc

80IA Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc

80IAB Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone

80IB Deduction in respect of profits and gains from certain industrial undertakings other than infrastructure development undertakings

80IC Special provisions in respect of certain undertakings or enterprises in certain special category States

80ID Deduction in respect of profits and gains from business of hotels and convention centres in specified

80IE Special provisions in respect of certain undertakings in North-Eastern States

80J Deduction in respect of profits and gains from newly established industrial undertakings or ships or hotel business in certain cases (omitted)

80JJ Deduction in respect of profits and gains from business of poultry farming (omitted)

80JJA Deduction in respect of profits and gains from business of collecting and processing of biodegradable waste

80JJAA Deduction in respect of employment of new workmen

80K Deduction in respect of dividends attributable to profits and gains from new industrial undertakings or ships or hotel business (omitted)

80L Deductions in respect of interest on certain securities, dividends, etc (omitted)

80LA Deductions in respect of certain incomes of Offshore Banking Units and International Financial Services Centre

80M Deduction in respect of certain inter-corporate dividends (omitted)

80MM Deduction in the case of an Indian company in respect of royalties, etc., received from any concern in India (omitted)

80N Deduction in respect of dividends received from certain foreign companies (omitted)

80O Deduction in respect of royalties, etc., from certain foreign enterprises

80P Deduction in respect of income of co-operative societies

80Q Deduction in respect of profits and gains from the business of publication of books

80QQ Deduction in respect of profits and gains from the business of publication of books (omitted)

80QQA Deduction in respect of professional income of authors of text books in Indian languages

80QQB Deduction in respect of royalty income, etc., of authors of certain books other than textbooks

80R Deduction in respect of remuneration from certain foreign sources in the case of professors, teachers, etc

80RR Deduction in respect of professional income from foreign sources in certain cases

80RRA Deduction in respect of remuneration received for services rendered outside India

80RRB Deduction in respect of royalty on patents

80S Deduction in respect of compensation for termination of managing agency, etc., in the case of assessees other than companies (omitted)

80T Deduction in respect of long-term capital gains in the case of assessees other than companies (omitted)

80TT Deduction in respect of winnings from lottery (omitted)

80U Deduction in case of a person with disability

80V Deduction from gross total income of the parent in certain cases (omitted)

80VV Deduction in respect of expenses incurred in connection with certain proceedings under the Act (omitted)

80VV Deduction in respect of expenses incurred in connection with certain proceedings under the Act.(Omitted)

80TTA Deduction in respect of interest on deposits in savings account

80CCG Deduction in respect of investement made under an equity savings scheme

80EE Deduction in respect of interest on loan taken for residential house property

Chapter VI-B(80VVA)

80VVA Restriction on certain deductions in the case of companies (omitted)

Chapter VII(81 to 86A)

81 to 85C Omitted

86 Share of member of an association of persons or body of individuals in the income of the association or body

86A Deduction from tax on certain securities (omitted)

Chapter VIII(87 to 89A)

87 Rebate to be allowed in computing income-tax

87A Rebate of income-tax in case of certain individuals

88 Rebate on life insurance premia, contribution to provident fund, etc

88A Rebate in respect of investment in certain new shares or units (omitted)

88B Rebate of income-tax in case of individuals of sixty-five years or above (omitted)

88C Rebate of income-tax in case of women below sixty-five years (omitted)

88D Rebate of income-tax in case of certain individuals (omitted)

88E Rebate in respect of securities transaction tax

89 Relief when salary, etc., is paid in arrears or in advance

89A Tax relief in relation to export turnover (omitted)

Chapter IX(90 to 91)

90 Agreement with foreign countries or specified territories

90A Adoption by Central Government of agreement between specified associations for double taxation relief

91 Countries with which no agreement exists

Chapter X(92 to 94A)

92 Computation of income from international transaction having regard to arm’s length price

92A Meaning of associated enterprise

92B Meaning of international transaction

92C Computation of arm’s length price

92CA Reference to Transfer Pricing Officer

92CB Power of Board to make safe harbour rules

92D Maintenance and keeping of information and document by persons entering into an international transaction or specified domestic transaction

92E Report from an accountant to be furnished by persons entering into international transaction or specified domestic transaction

92F Definitions of certain terms relevant to computation of arm’s length price, etc

93 Avoidance of income-tax by transactions resulting in transfer of income to non-residents

94 Avoidance of tax by certain transactions in securities

94A Special measures in respect of transactions with persons located in notified jurisdictional area

92BA Meaning of specified domestic transaction

92CC Advance pricing agreement

92CD Effect to advance pricing agreement

Chapter X-A(95 to 102)

95 Applicability of General Anti-Avoidance Rule

96 Impermissible avoidance agreement

97 Arrangement to lack commercial substance

98 Consequence of impermissible avoidance agreement

99 Treatment of connected person and accomodating party

100 Application of Chapter

101 Framing of Guidelines

102 Definitions

Chapter XI(103 to 109)

103 Additional income-tax on undistributed profits (omitted)

104 Income-tax on undistributed income of certain companies (omitted)

105 Special provisions for certain companies (omitted)

106 Period of limitation for making orders under section 104 (omitted)

107 Approval of Inspecting Assistant Commissioner for orders under section 104 (omitted)

107A Reduction of minimum distribution in certain cases (omitted).

108 Savings for company in which public are substantially interested (omitted)

109 “Distributable income”, “Investment Company” and “statutory percentage” defined (omitted)

Chapter XII(110 to 115BBE)

110 Determination of tax where total income includes income on which no tax is payable

111 Tax on accumulated balance of recognized provident fund

111A Tax on short-term capital gains in certain cases

112 Tax on long-term capital gains

112A Tax on interest on National Savings Certificates (First Issue) (omitted)

113 Tax in the case of block assessment of search cases

114 Tax on capital gains in cases of assessees other than companies (omitted)

115 Tax on capital gains in case of companies (omitted)

115A Tax on dividends, royalty and technical service fees in the case of foreign companies

115AB Tax on income from units purchased in foreign currency or capital gains arising from their transfer

115AC Tax on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer

115ACA Tax on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer

115AD Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer

115B Tax on profits and gains of life insurance business

115BB Tax on winnings from lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or nature whatsoever

115BBA Tax on non-resident sportsmen or sports associations

115BBB Tax on income from units of an open-ended equity oriented fund of the Unit Trust of India or of Mutual Funds

115BBC Anonymous donations to be taxed in certain cases

115BBD Tax on certain dividends received from foreign companies

115BBD Tax on certain dividends received from foreign companies

115BBE Tax on income referred to in section 68 or section 69 or section 69A or section 69B or section 69C or section 69D

Chapter XII-A(115C to 115I)

115C Definitions

115D Special provision for computation of total income of non-residents

115E Tax on investment income and long-term capital gains.

115F Capital gains on transfer of foreign exchange assets not to be charged in certain cases

115G Return of income not to be filed in certain cases

115H Benefit under Chapter to be available in certain cases even after the assessee becomes resident

115I Chapter not to apply if the assessee so chooses

Chapter XII-B(115J to 115JB)

115J Special provisions relating to certain companies

115JA Deemed income relating to certain companies

115JAA Tax credit in respect of tax paid on deemed income relating to certain companies

115JB Special provision for payment of tax by certain companies

Chapter XII-BA(115JC to 115JF)

115JC Special provisions for payment of tax by certain limited liability partnerships

115JD Tax credit for alternate minimum tax

115JEE Application of this Chapter to certain persons

115JF Interpretation in this Chapter

115JE Application of other provisions of this Act

Chapter XII-C(115K to 115N)

115K Special provision for computation of income in certain cases (omitted)

115L Return of income not to be filed in certain cases (omitted)

115M Special provision for disallowance of deductions and rebate of income-tax (omitted)

115N Bar of proceedings in certain cases (omitted)

Chapter XII-D(115O to 115Q)

115O Tax on distributed profits of domestic companies

115P Interest payable for non-payment of tax by domestic companies

115Q When company is deemed to be in default

Chapter XII-E(115R to 115T)

115R Tax on distributed income to unit holders

115S Interest payable for non-payment of tax

115T Unit trust of India or mutual fund to be an assessee in default

Chapter XII-F(115U)

115U Tax on income in certain cases

Chapter XII-G(115V to 115VZC)

115V Definitions

115VA Computation of profits and gains from the business of operating qualifying ships

115VB Operating ships

115VC Qualifying company

115VD Qualifying ship

115VE Manner of computation of income under tonnage tax scheme

115VF Tonnage income

115VG Computation of tonnage income

115VH Calculation in case of joint operation, etc

115V-I Relevant shipping income

115VJ Treatment of common costs

115VK Depreciation

115VL General exclusion of deduction and set off, etc

115VM Exclusion of loss

115VN Chargeable gains from transfer of tonnage tax assets

115V-O Exclusion from provisions of section 115JB

115VP Method and time of opting for tonnage tax scheme

115VQ Period for which tonnage tax option to remain in force

115VR Renewal of tonnage tax scheme

115VS Prohibition to opt for tonnage tax scheme in certain cases

115VT Transfer of profits to Tonnage Tax Reserve Account

115VU Minimum training requirement for tonnage Tax Company

115VV Limit for charter in of tonnage

115VW Maintenance and audit of accounts

115VY Amalgamation

115VZA Effect of temporarily ceasing to operate qualifying ships

115VZB Avoidance of tax

115VZC Exclusion from tonnage tax scheme

115VX Determination of tonnage.

Chapter XII-H(115W to 115WM)

115W Definitions

115WA Charge of fringe benefit tax

115WB Fringe benefits

115WC Value of fringe benefits

115WD Return of fringe benefits

115WE Assessment

115WF Best judgment assessment

115WG Fringe benefits escaping assessment

115WH Issue of notice where fringe benefits have escaped assessment

115WI Payment of fringe benefit tax

115WJ Advance tax in respect of fringe benefits

115WK Interest for default in furnishing return of fringe benefits.

115WKA Recovery of fringe benefit tax by the employer from the employee

115WKB Deemed payment of tax by employee

115WL Application of other provisions of this Act

115WM Chapter XII-H not to apply after a certain date

Chapter XII-BB(115JG)

115JG Conversion of an Indian branch of Foreign Company into subsidiary Indian company

Chapter XIII(116 to 138)

136 Proceedings before income-tax authorities to be judicial proceedings.

137 Disclosure of information prohibited (omitted)

138 Disclosure of information respecting assessees

116 Income-tax authorities

117 Appointment of income-tax authorities

118 Control of income-tax authorities

119 Instructions to subordinate authorities

120 Jurisdiction of income-tax authorities

121 Jurisdiction of Commissioners (omitted)

121A Jurisdiction of Commissioners (Appeals) (omitted)

122 Jurisdiction of Appellate Assistant Commissioners (omitted)

123 Jurisdiction of Inspecting Assistant Commissioners (omitted)

124 Jurisdiction of Assessing Officers

125 Powers of Commissioner respecting specified areas, cases, persons, etc (omitted)

125A Concurrent jurisdiction of Inspecting Assistant Commissioner and Income-tax Officer (omitted)

126 Powers of Board respecting specified area, classes of persons or incomes (omitted)

127 Power to transfer cases

128 Functions of Inspectors of Income-tax (omitted)

129 Change of incumbent of an office

130 Commissioner competent to perform any function or functions (omitted)

130A Income-tax Officer competent to perform any function or functions (omitted)

131 Power regarding discovery, production of evidence, etc

132 Search and seizure

132A Powers to requisition books of account, etc

132B Application of seized or requisitioned assets

133 Power to call for information

133A Power of survey

133B Power to collect certain information

134 Power to inspect registers of companies

135 Power of Director General or Director, Chief Commissioner or Commissioner and Joint Commissioner

133 C Power to call for information by prescribed income-tax authority.

Chapter XIV(139 to 158)

139 Return of income

139A Permanent account number

139B Scheme for submission of returns through Tax Return Preparers

139C Power of Board to dispense with furnishing documents, etc., with return

139D Filing of return in electronic form

140 Return by whom to be signed

140A Self-assessment

141 Provisional assessment (Omitted)

141A Provisional assessment for refund (Omitted)

142 Inquiry before assessment

142A Estimate by Valuation Officer in certain cases

144 Best judgment assessment

144A Power of Joint Commissioner to issue directions in certain cases

144B Reference to Deputy Commissioner in certain cases (Omitted)

144C Reference to Dispute Resolution Panel

145 Method of Accounting

145A Method of accounting in certain cases

146 Reopening of assessment at the instance of the assessee (Omitted).

147 Income escaping assessment

148 Issue of notice where income has escaped assessment

149 Time limit for notice

150 Provision for cases where assessment is in pursuance of an order on appeal, etc

151 Sanction for issue of notice

152 Other provisions

153 Time limit for completion of assessments and reassessments

153A Assessment in case of search or requisition

153B Time-limit for completion of assessment under section 153A

153C Assessment of income of any other person

153D Prior approval necessary for assessment in cases of search or requisition

154 Rectification of mistake

155 Other amendments

156 Notice of demand

157 Intimation of loss

158 Intimation of assessment of firm

154 Rectification of mistake.

144BA Reference to Commissioner in certain cases

Chapter XIV-A(158A)

158A Procedure when assessee claims identical question of law is pending before High Court or Supreme Court

Chapter XIV-B(158B to 158BI)

158B Definitions

158BA Assessment of undisclosed income as a result of search

158BB Computation of undisclosed income of the block period

158BC Procedure for block assessment

158BD Undisclosed income of any other person

158BE Time limit for completion of block assessment

158BF Certain interests and penalties not to be levied or imposed

158BFA Levy of interest and penalty in certain cases

158BG Authority competent to make the block assessment

158BH Application of other provisions of this Act

158BI Chapter not to apply after certain date

Chapter XV(159 to 181)

159 Legal representatives

160 Representative assessee

161 Liability of representative assessee

162 Right of representative assessee to recover tax paid

163 Who may be regarded as agent

164 Charge of tax where share of beneficiaries unknown

164A Charge of tax in case of oral trust

165 Case where part of trust income is chargeable

166 Direct assessment or recovery not barred

169 Right of executor to recover tax paid

170 Succession to business otherwise than on death

171 Assessment after partition of a Hindu undivided family

172 Shipping business of non-residents

173 Recovery of tax in respect of non-resident from his assets

174 Assessment of persons leaving India

174A Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose

175 Assessment of persons likely to transfer property to avoid tax

176 Discontinued business

177 Association dissolved or business discontinued

178 Company in liquidation

179 Liability of directors of private company in liquidation

180 Royalties or copyright fees for literary or artistic work

180A Consideration for know-how

167 Remedies against property in cases of representative assessees

167A Charge of tax in the case of a firm

167B Charge of tax where shares of members in association of persons or body of individuals unknown, etc

167C Liability of partners of limited liability partnership in liquidation

Chapter XVI(182 to 189A)

182 Assessment of registered firms (omitted)

183 Assessment of unregistered firms (omitted)

184 Assessment as a firm

185 Assessment when section 184 not complied with

187 Change in constitution of a firm

188 Succession of one firm by another firm

188A Joint and several liability of partners for tax payable by firm

189 Firm dissolved or business discontinued

189A Provisions applicable to past assessments of firms

Chapter XVII(190 to 234E)

190 Deduction at source and advance payment

191 Direct payment

193 Interest on securities

194A Interest other than “Interest on securities”

194B Winnings from lottery or crossword puzzle

194BB Winnings from horse race

194C Payments to contractors

194D Insurance commission

194E Payments to non-resident sportsmen or sports associations

194EE Payments in respect of deposits under National Savings Scheme, etc

194F Payments on account of repurchase of units by Mutual Fund or Unit Trust of India

194G Commission, etc., on the sale of lottery tickets

194-I Rent

194J Fees for professional or technical services

194K Income in respect of units

194L Payment of compensation on acquisition of capital asset

194LA Payment of compensation on acquisition of certain immovable property

194LB Income by way of interest from infrastructure debt fund

195A Income payable “net of tax”

196 Interest or dividend or other sums payable to Government, Reserve Bank or certain corporations

196A Income in respect of units of non-residents

196B Income from units

196C Income from foreign currency bonds or shares of Indian company

196D Income of Foreign Institutional Investors from securities

197 Certificate for deduction at lower rate

197A No deduction to be made in certain cases

198 Tax deducted is income received

199 Credit for tax deducted

200 Duty of person deducting tax

200A Processing of statements of tax deducted at source

201 Consequences of failure to deduct or pay

202 Deduction only one mode of recovery

203 Certificate for tax deducted

203A Tax deduction and collection account number

203AA Furnishing of statement of tax deducted

204 Meaning of “person responsible for paying”

205 Bar against direct demand on assessee

206 Persons deducting tax to furnish prescribed returns

206A Furnishing of quarterly return in respect of payment of interest to residents without deduction of tax

206AA Requirement to furnish Permanent Account Number

206B Person paying dividend to certain residents without deduction of tax to furnish prescribed return (Omitted)

206C Profits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc

206CA Tax collection account number

207 Liability for payment of advance tax

208 Conditions of liability to pay advance tax

209 Computation of advance tax

209A Computation and payment of advance tax by assessee (omitted)

210 Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer

211 Instalments of advance tax and due dates

212 Estimate by assessee (omitted)

213 Commission receipts (omitted)

214 Interest payable by Government

215 Interest payable by assessee

216 Interest payable by assessee in case of under-estimate, etc

217 Interest payable by assessee when no estimate made

218 When assessee deemed to be in default

219 Credit for advance tax

220 When tax payable and when assessee deemed in default

221 Penalty payable when tax in default

222 Certificate to Tax Recovery Officer

223 Tax Recovery Officer by whom recovery is to be effected

224 Validity of certificate and cancellation or amendment thereof

225 Stay of proceedings in pursuance of certificate and amendment or cancellation thereof

226 Other modes of recovery

227 Recovery through State Government

228 Recovery of Indian tax in Pakistan and Pakistan tax in India (Omitted)

228A Recovery of tax in pursuance of agreements with foreign countries

229 Recovery of penalties, fine, interest and other sums

230 Tax clearance certificate

230A Restrictions on registration of transfers of immovable property in certain cases (Omitted)

231 Period for commencing recovery proceedings (Omitted)

232 Recovery by suit or under other law not affected

233 Recovery of tax payable under provisional assessment (Omitted)

234 Tax paid by deduction or advance payment (Omitted)

234A Interest for defaults in furnishing return of income

234B Interest for defaults in payment of advance tax

234C Interest for deferment of advance tax

234D Interest on excess refund

194LC Income by way of interest from Indian company

234E Fee for defaults in furnishing statements

194 IA Payment on transfer of certain immovable property other than agricultural land

194 LD Income by way of interest on certain bonds and Government securities

194DA Payment in respect of life insurance policy

194LBA Certain income from units of a business trust

192A Payment of accumulated balance due to an employee

194LBB Income in respect of units of investment fund

206CB Processing of statements of tax collected at source

Chapter XVIII(235 to 236A)

235 Relief to shareholders in respect of agricultural income-tax attributable to dividends (omitted)

236 Relief to company in respect of dividend paid out of past taxed profits

236A Relief to certain charitable institutions or funds in respect of certain dividends

Chapter XIX(237 to 245)

238 Person entitled to claim refund in certain special cases

239 Form of claim for refund and limitation

240 Refund on appeal, etc

241 Power to withhold refund in certain cases (Omitted)

242 Correctness of assessment not to be questioned

243 Interest on delayed refunds

244 Interest on refund where no claim is needed

244A Interest on refunds

245 Set off of refunds against tax remaining payable

Chapter XIX-A(245A to 245M)

245A Definitions

245B Income-tax Settlement Commission

245BA Jurisdiction and powers of Settlement Commission

245BB Vice-Chairman to act as Chairman or to discharge his functions in certain circumstances

245BC Power of Chairman to transfer cases from one Bench to another

245BD Decision to be by majority

245C Application for settlement of cases

245D Procedure on receipt of an application under section 245C

245E Power of Settlement Commission to reopen completed proceedings

245F Powers and procedure of Settlement Commission

245G Inspection, etc., of reports

245H Power of Settlement Commission to grant immunity from prosecution and penalty

245HA Abatement of proceeding before Settlement Commission

245HAA Credit for tax paid in case of abatement of proceedings

245-I Order of settlement to be conclusive

245J Recovery of sums due under order of settlement

245K Bar on subsequent application for settlement

245L Proceedings before Settlement Commission to be judicial proceedings

245M Certain persons who have filed appeals to the Appellate Tribunal entitled to make applications to the Settlement Commission (omitted)

Chapter XIX-B(245N to 245V)

245N Definitions

245-O Authority for Advance Rulings

245P Vacancies, etc., not to invalidate proceedings

245Q Application for advance ruling

245R Procedure on receipt of application

245RR Appellate authority not to proceed in certain cases

245S Applicability of advance ruling

245T Advance ruling to be void in certain circumstances

245U Powers of the Authority

245V Procedure of Authority

Chapter XX(246 to 269)

246 Appeals to the Deputy Commissioner (Appeals) and Commissioner (Appeals) Appealable orders

246A Appealable orders before Commissioner (Appeals)

247 Appeal by partner (omitted).

248 Appeal by a person denying liability to deduct tax in certain cases

249 Form of appeal and limitation

250 Procedure in appeal

251 Powers of the Commissioner (Appeals)

252 Appellate Tribunal

253 Appeals to the Appellate Tribunal

254 Orders of Appellate Tribunal

255 Procedure of Appellate Tribunal

256 Statement of case to the High Court (Omitted)

257 Statement of case to Supreme Court in certain cases

258 Power of High Court or Supreme Court to require statement to be amended (Omitted)

259 Case before High Court to be heard by not less than two judges (Omitted)

260 Decision of High Court or Supreme Court on the case stated

260A Appeal to High Court

260B Case before High Court to be heard by not less than two Judges

261 Appeal to Supreme Court

262 Hearing before Supreme Court

263 Revision of orders prejudicial to revenue

264 Revision of other orders

265 Tax to be paid notwithstanding reference, etc

266 Execution for costs awarded by Supreme Court

267 Amendment of assessment on appeal

268 Exclusion of time taken for copy

268A Filing of appeal or application for reference by income-tax authority

269 Definition of “High Court”

Chapter XX-A(269A to 269S)

269A Definitions

269AB Registration of certain transactions

269B Competent authority

269C Immovable property in respect of which proceedings for acquisition may be taken

269D Preliminary notice

269E Objections

269F Hearing of objections

269G Appeal against order for acquisition

269H Appeal to High Court

269-I Vesting of property in Central Government

269J Compensation

269K Payment or deposit of compensation

269L Assistance by Valuation Officers

269M Powers of competent authority

269N Rectification of mistakes

269-O Appearance by authorised representative or registered valuer

269P Statement to be furnished in respect of transfers of immovable property

269Q Chapter not to apply to transfers to relatives

269R Properties liable for acquisition under this Chapter not to be acquired under other laws

269RR Chapter not to apply where transfer of immovable property made after a certain date

269S Chapter not to extend to State of Jammu and Kashmir

Chapter XX-B(269SS to 269TT)

269SS Mode of taking or accepting certain loans and deposits

269T Mode of repayment of certain loans or deposits

269TT Mode of repayment of Special Bearer Bonds, 1991

Chapter XX-C(269U to 269 UP)

269U Commencement of Chapter XX-C

269UA Definitions

269UB Appropriate authority

269UC Restrictions on transfer of immovable property

269UD Order by appropriate authority for purchase by Central Government of immovable property

269UE Vesting of property in Central Government

269UF Consideration for purchase of immovable property by Central Government

269UG Payment or deposit of consideration

269UH Re-vesting of property in the transferor on failure of payment or deposit of consideration

269UI Powers of the appropriate authority

269UJ Rectification of mistakes

269UK Restrictions on revocation or alteration of certain agreements for the transfer of immovable property or on transfer of certain immovable property

269UL Restrictions on registration, etc., of documents in respect of transfer of immovable property

269UM Immunity to transferor against claims of transferee for transfer

269UN Order of appropriate authority to be final and conclusive

269UO Chapter not to apply to certain transfers

269UP Chapter not to apply where transfer of immovable property effected after certain date

Chapter XXI(270 to 275)

270 Failure to furnish information regarding securities, etc (omitted)

271 Failure to furnish returns, comply with notices, concealment of income, etc

271A Failure to keep, maintain or retain books of account, documents, etc

271AAA Penalty where search has been initiated

271B Failure to get accounts audited

271BA Penalty for failure to furnish report under section 92E

271BB Failure to subscribe to the eligible issue of capital

271C Penalty for failure to deduct tax at source

271CA Penalty for failure to collect tax at source

271D Penalty for failure to comply with the provisions of section 269SS

271E Penalty for failure to comply with the provisions of section 269T

271F Penalty for failure to furnish return of income

271FA Penalty for failure to furnish annual information return

271FB Penalty for failure to furnish return of fringe benefits

271G Penalty for failure to furnish information or document under section 92D

272 Failure to give notice of discontinuance (omitted)

272A Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc

272AA Penalty for failure to comply with the provisions of section 133B

272B Penalty for failure to comply with the provisions of section 139A

272BB Penalty for failure to comply with the provisions of section 203A

272BBB Penalty for failure to comply with the provisions of section 206CA

273 False estimate of, or failure to pay, advance tax

273A Power to reduce or waive penalty, etc., in certain cases

273AA Power of Commissioner to grant immunity from penalty

273B Penalty not to be imposed in certain cases

275 Bar of limitation for imposing penalties

271AA Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions

271AAB Penalty where search has been initiated

271H Penalty for failure to furnish statements, etc.

271FAA Penalty for furnishing inaccurate statement of financial transaction or reportable account.

Chapter XXII(275A to 280D)

275A Contravention of order made under sub-section (3) of section 132

275B Failure to comply with the provisions of clause (iib) of sub-section (1) of section 132

276 Removal, concealment, transfer or delivery of property to thwart tax recovery

276A Failure to comply with the provisions of sub-sections (1) and (3) of section 178

276AA Failure to comply with the provisions of section 269AB or section 269-I (omitted)

276AB Failure to comply with the provisions of sections 269UC, 269UE and 269UL

276B Failure to pay tax to the credit of Central Government under Chapter XII-D or XVII-B

276BB Failure to pay the tax collected at source

276C Wilful attempt to evade tax, etc

276CC Failure to furnish returns of income

276CCC Failure to furnish return of income in search cases

276D Failure to produce accounts and documents

276DD Failure to comply with the provisions of section 269SS (omitted)

276E Failure to comply with the provisions of section 269T (omitted)

277 False statement in verification, etc

277A Falsification of books of account or document, etc

278 Abetment of false return, etc

278A Punishment for second and subsequent offences

278AA Punishment not to be imposed in certain cases

278AB Power of Commissioner to grant immunity from prosecution

278B Proof of entries in records or documents

278C Offences by Hindu undivided families

278D Presumption as to assets, books of account, etc., in certain cases

278E Presumption as to culpable mental state

279 Prosecution to be at instance of Chief Commissioner or Commissioner

279A Certain offences to be non-cognizable

279B Proof of entries in records or documents

280 Disclosure of particulars by public servants

280A Special Courts

280B Offences triable by Special Court

280C Trial of offences as summons case

280D Application of Code of Criminal Procedure, 1973 to proceedings before Special Court

Chapter XXII-A(280E to 280X)

Sections 280A - 280X Chapter XXII-A, Annuity Deposits (omitted)

Chapter XXII-B(280Y to 280ZE)

280Y Definitions (omitted)

280Z Tax credit certificates to certain equity shareholders (omitted)

280ZA Tax credit certificates for shifting of industrial undertaking from urban area (omitted)

280ZB Tax credit certificate to certain manufacturing companies in certain cases (omitted)

280ZC Tax credit certificate in relation to exports (omitted)

280ZD Tax credit certificates in relation to increased production of certain goods (omitted)

280ZE Tax credit certificate scheme (omitted)

Chapter XXIII(281 to 298)

281 Certain transfers to be void

281A Effect of failure to furnish information in respect of properties held benami (repealed)

281B Provisional attachment to protect revenue in certain cases

282 Service of notice generally

282A Authentication of notices and other documents

282B Allotment of Document Identification Number (omitted)

283 Service of notice when family is disrupted or firm, etc., is dissolved

284 Service of notice in the case of discontinued business

285 Submission of statement by a non-resident having liaison office

285A Information by contractors in certain cases (omitted)

285B Submission of statements by producers of cinematograph films

285BA Obligation to furnish annual information return

286 Information by companies respecting shareholders to whom dividends have been paid (omitted)

287 Publication of information respecting assessees in certain cases

287A Appearance by registered valuer in certain matters

288 Appearance by authorised representative

288A Rounding off of income

288B Rounding off amount payable and refund due

289 Receipt to be given

291 Power to tender immunity from prosecution

292 Cognizance of offences

292A Section 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply

292B Return of income, etc., not to be invalid on certain grounds

292BB Notice deemed to be valid in certain circumstances

292C Presumption as to assets, books of account, etc

293 Bar of suits in civil courts

293A Power to make exemption, etc., in relation to participation in the business of prospecting for, extraction, etc., of mineral oils

293B Power of Central Government or Board to condone delays in obtaining approval

293C Power to withdraw approval

294 Act to have effect pending legislative provision for charge of tax

294A Power to make exemption, etc., in relation to certain Union territories

295 Power to make rules

296 Rules and certain notifications to be placed before Parliament

297 Repeals and savings

298 Power to remove difficulties

292CC Authorization and assessment in case of search or requisition

285A Furnishing of information or documents by an Indian concern in certain cases