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    Taxation - Unit 1

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    Akshita raj Sinha
    This document discusses various aspects of income tax in India including: - Different types of income that are taxable such as salary, house property income, profits from business/profession, capital gains, income from other sources. - Key terms related to income tax such as ordinary income, agricultural income, casual income. - The authority of the Central Board of Direct Taxes (CBDT) to administer income tax laws and issue clarifications. - Exemptions available under the Income Tax Act of 1961.

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    Taxation - Unit 1

    Uploaded by

    Akshita raj Sinha
    6 views11 pages
    This document discusses various aspects of income tax in India including: - Different types of income that are taxable such as salary, house property income, profits from business/profession, capital gains, income from other sources. - Key terms related to income tax such as ordinary income, agricultural income, casual income. - The authority of the Central Board of Direct Taxes (CBDT) to administer income tax laws and issue clarifications. - Exemptions available under the Income Tax Act of 1961.

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    Taxation- Unit 1

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    This document discusses various aspects of income tax in India including: - Different types of income that are taxable such as salary, house property income, profits from business/profession, capital gains, income from other sources. - Key terms related to income tax such as ordinary income, agricultural income, casual income. - The authority of the Central Board of Direct Taxes (CBDT) to administer income tax laws and issue clarifications. - Exemptions available under the Income Tax Act of 1961.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    6 views11 pages

    Taxation - Unit 1

    Uploaded by

    Akshita raj Sinha
    This document discusses various aspects of income tax in India including: - Different types of income that are taxable such as salary, house property income, profits from business/profession, capital gains, income from other sources. - Key terms related to income tax such as ordinary income, agricultural income, casual income. - The authority of the Central Board of Direct Taxes (CBDT) to administer income tax laws and issue clarifications. - Exemptions available under the Income Tax Act of 1961.

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    of 11

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