For the meaning of the term earned see taxmann s direct taxes manual vol. 3

Clause (3) omitted by the Direct Tax Laws (Amendment) Act, , w.e.f. Substituted for “Commissioner”, ibid. For relevant case laws, see Taxmann’s Master Guide to Income-tax Act. For meaning of the term “assessee”, see .  · see Taxmann’s Direct Taxes Manual, Vol. 3. See rule 10 for manner of computation of income of non-residents in certain cases. For the meaning of the terms/expressions “business connection” and “property”, see Taxmann’s Direct Taxes Manual, Vol. 3. Words “or through or from any money lent at interest and brought into. "Taxmann Publications" content is best and most knowledgeable. The material in the field of Direct and Indirect taxes, Corporate laws, International taxation etc. is available for both students and practitioners through acts, referencers and much more. We use it in our day to day practice.

"Taxmann Publications" content is best and most knowledgeable. The material in the field of Direct and Indirect taxes, Corporate laws, International taxation etc. is available for both students and practitioners through acts, referencers and much more. We use it in our day to day practice. Under the Indian Income Taxation Laws, a trust is considered as charitable, if its objects are directed to the benefit of the society at large and not for an individual or group of individuals. More specifically section 2 (15) of the Income Tax Act, , defines the expression “charitable purpose” as under: Section 2 (15): “charitable. Taxmann’s Income Tax Act covers the annotated text of the Income-tax Act, , in the most authentic, amended updated format. The Present Publication is the.

escapes the tax net. The amendment of the definition of. Charitable purpose under section 2(15) is one of the important steps in this direction. 5 ნოე. Hence, people, with the view of needing to pay higher taxes, may settle and cap their productivity to reduce their outgo. Indirect taxes are. 18 ივლ. Note, the Direct Taxes Committee left no stone unturned to bring out this The term "business" is defined in section 2(13) of the Act.