Section 2(26) Income Tax: Indian Company – Meaning
As per Section 2(26) of the Income Tax Act, 1961, unless the context otherwise requires, the term “Indian company” means a company formed and registered under the Companies Act, …
Tag: Companies
Section 2(22) Income Tax: Dividend – Meaning
As per S. 2(22) of the Income Tax Act, 1961, unless the context otherwise requires, the term “dividend” includes- (a) any distribution by a company of accumulated profits, whether capitalised …
Marginal Relief from Surcharge on Income Tax: AY 2022-23
For AY 2022–23, assessees can claim marginal relief from the surcharge on income tax to mitigate the effect of the additional tax burden that is over and above the …