Onit-I

Jocaae Tax
Meaning Tnne tox
levied and colle cted
ntene tx axe
the Certscl Gevt. The Hales
gen n the Eianct Act taatod
VaniQuk
alab gcekbthexate inLâme tax ales
ebult income- tax is chasgd
highex incema

nteme - Tax A leoted en the incaae a o etai

guecelpt fram autiide
SDLUNCE Tocome cane loced a

fromhcusa" ubety ete

Lshichtannot be shitec

undli uded fare

atlgicial petsem.

Ondends

lcurert nantial yeas is called as brerous yean.

 leiedon totalkablo
lax is
Dncôou
the suatu
lened at
coetak
a
duuirg au be slab
leuied
tax is

Acts gcutta
the
10 c1) a incometax
Dnder sectien erembt frem
2nlomeis A)]
Degini tion (sec 2(1-
derived tom land lob
DIAny Kent d HeEnue

CDlny income dleed fam uch land by

3) ocome om fasm haue ud for cgicutasal haka

Kindi a aguicn uze in Came i

Rent ) evenue derie d from Lond Penth
lany e ceibt in meny ty theaune ala

called al ent and Me

beballed
 due ta
ageLlal acthities
adnceme
inLomeaxiio
agacted
agicutte.
3)SoLeetom
kedce
secices aberatoss to ender the B
soman hetSometimes ehe
aarcictkanattanelute Sh eceivsdfeom land Stt
it&alsable in thchmasthe epealien.pej
edandche elling duch intene oy ohancenst
en delling
incene
hice egaded agieuteae iBA

LandfemSelling
Sometimes thecutavectst keehs his cHsh o trrocduce
and deLt t Aohen the
goLb. Tha total incone aniking irom.

from Whall be
lagnéulicehal in tome rlyohen

in Srdia, and
land ed fos agicultuxe haso

frem &ablings Ôn eed ins groUm in a rue

dehivta
 noha(and Tax (9Taxblanning
þaanning
eoleucestax
Ditloence 3eBONts taxation
Lbwda a
Tax hrugh Chaxacstics benekit and n
flanning,
ny
Tax
flonninq minimsm. the
ather agiultusakcame.in
betuen stx totax bermitted
uey
4lanaing aas
ismoral a legalauisiens
Blanning luncde
dax ax fee
one'A
yialated.
i
blanring apning tolae
ieducdpoyen
taxadantage
te.aunditisbut J: in
TaX quite
Aabilhy
ineasaand such inancial
nde
aNDI leqiinataawayAte
& & ie
dance dancea and
Tax hat aan
the
mesctal
QuBidaae
ia fssAidea that the ap
ta tax

lesa tax
siely sise beneßitstfe
out
tapen
ofCatisng
-septatien
blaak
TECreates
3. -mis lau fatta
matexial
af bneab
gie
the andnatioo4
toharmfat avoidonebased
and Eva&ign
Iax i the lahea
and Euasion
crea
Imaginay
loopholes.. breaki
vio
meny
3Tt
Tax
Tax Lt law
te e Dt
y
Lontession, "
kisting laut
econDjc gt exembtitni.
conty. and
fuee
te man qol mis
beak
maian
and
Society tax e
Soubd
the ndialand nis-tehnebentatie
Auoidante
Ls xebMesentet ien
of indea. aueiconte
ax the ausicance not
in deelopnent
hebatesbased
beDefit
Sti bunishoble.
deleats
intentien
þlaoming oloes
helhs Neliefa, Tax
At Tay
3 I 9ax
ll
5
 Basic

feleusrg Cencthts
Theot
2elatto te

CBDr L mbausee.d make alas fnagig

LouttsebLbL
Einante Act Evelyyeat Finante Mizte a aout
teéuolgat to thechoCaost
hndefnancebilli abbCued the taliomet
cleatanCE faern fncaident Sndia,
ELnance Act

Not fAatgn

he 6ebenshe ersturnes the

tortn AeA Yaju o TaX8k cnd
Befort 2017 he inive ck t
eaties e senUjEE Tox Cales Tax , vAT, CuStoscfy ete

oerte TarAct, tor

Ps leuied on 4otal interie of the

Talame Tax ig
BxexiRus
 VInome frem Buikdings secd
heccived by the peL&en
parluce aist d eceive d as hyt
TaX

taual Sncone
Theame70Lans
Cas LLae
any sLeçeibis Lohich arnt
Rasual

ox

Conditianei
NoEdoendète allarte can te
& inceme.lindes
Decuction
asdA
oLmchioceme.
d Paustment o nexhauated basic exemhtion lin

(DTabgme ney headCalaies

House faoheaty
foshesien
CABLEal Cains
othet
 de chobhe IA
agricug ajten dladuchas

tax sbou
an aclging
meangsher
Airani actiities in Acha
shich
2tre tax la bst tabkavantages
nning laobhales
to ecuctio
Any llegal methaduhich Leode Svaieo
cancbaling e inene
excegsiye exbendHe

Tax Avoidane Tax Evaxion

0hese the payment

cam blying th the biouikena| hrougl hegal omeans

termed
Laus but defeating te las tax evasiên
tax Avsiclance

buished
 Lehcthtiincosbesakd

Suchaae
the
pnececing sbcla
The List is fnclusive YNat Exhawtie
Alab
Incliviolu
Assesee
An assesSee
ALenio

ohe un de Lacom tax &LLbe

axes athea
ong the Qct Zhe
sthedunt me Deludes ctheL
The
ayable,fo
nclus
1061:
Assessent Year
5Asses&rment yean the ytazhy An

toxed
Mah ch
encing next

Lheviou yeor
PreBUA yeant6 the yeas in shichinm
earied Pyeevious Yeas a the fincabial Yeas
iameciately fnecedng the elenout assessmenl
year

2 Ho P
CabAtal iains
 4 yeans toecedig thot
tiscal yeat.
Exceb tien ta the above
The day beriad me ntiened atoe ill be
stiteted for 182 days in
Sf he leavts Trdia foselaynmet Gutsice Tndia
einga fensen q Trdian oxigin oho being
Tadiacemes a si&t to India
leauts Todia au a membn a the crew a a
adion ShiB.
fo he than f n Kouata)

Ls Lacs duing proutOs fea

Totme Exembted OM Tay

incomeschih do not
Somme þaoct
total inteme and thus taledal
intoaes
exembt foom tax. duch exembted
ection to o tntomt tax Ack,
ane lunder
1961.

Iatame Aqicultunal nbme in Jndia is

(0 Aguculkus al
 j6 to aghcgated in case of cetain ass
be
agxicuttual Ancome he

an iocisdual as a merm ber c

Le Ceised
incu ndisided fomiley either out a inceme

aiee
ssesseda
hislhensfce in the tatal Rn ceme

Lease nodisicuA sho 9C&idert

stn aling ze Nookesidernt

(Extenal) acount onybanf in odia dhal

Taoia The fonsuing inceme shall Be exempt

QRerntuneratier oIECeived oy diplomatstc
(emunehadien tecelieday afaregin ational
an cmplayee a foleign ertepauise
 Allosance C kegisites Kttaide odia
benguisi trshaid aloed
he Qtvennitn.ta
achs

xempt
amerts nden Bhotat Gas leas Dikastey
ahall he cx embt
Pccessing
Latcaunt o any oliso&ten.
n- monetary pexqusiti paid
o ouiclent fnd i- Pay baymentfxema asuidest
funeto Pooient Fund Atl925abble
the
oY sm Public PAahdent Eund et by tho
Co venment be exemptan tax.

XD kducationa fchalot shbs n

Da alleunhles af Memheut -a Paaliament
Qllournte
hie ntmbesrshtp -haxliornent nde Menbe
banliorment

heir