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Income Tax in India
Essay specific features


Written by:
Grace G
Date added:
June 6, 2014
Level:
University
Grade:
A
No of pages / words:
19 / 5082
Was viewed:
10168 times
Rating of current essay:
Essay content:
Such income tax shall be paid on the total income of the previous year in the relevant assessment year.
The total income of an individual is determined on the basis of his residential status in India.
Residence Rules
An individual is treated as resident in a year if present in India
For 182 days during the year or
For 60 days during the year and 365 days during the preceding four years...
displayed 300 characters
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Such income tax shall be paid on the total income of the previous year in the relevant assessment year.
The total income of an individual is determined on the basis of his residential status in India.
Residence Rules
An individual is treated as resident in a year if present in India
For 182 days during the year or
For 60 days during the year and 365 days during the preceding four years...
displayed 300 characters
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