Thursday, 28 October 2021

Income Tax Section - 167A, Income Tax Act, 1961-2021

                                                                      Income Tax

Section - 167A,  Income Tax Act, 1961-2021


DD.—Firms, association of persons and body of individuals

Charge of tax in the case of a firm.

167A. In the case of a firm which is assessable as a firm, tax shall be charged on its total income at the rate as specified in the Finance Act of the relevant year.

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