Act Vs Rules
This query is : Resolved
02 November 2010
Dear experts,
Please tell what is the difference between Act and Rules?
Please tell what is the difference between Act and Rules?
02 November 2010
Let be very Simple
Game of Cricket is an ACT
how to play cricket is Rule (how many players will play, how to ball, how to bat, what is called out)
So detailed frame work is called ACT
How to work under the act is called Rule
its just for an understanding,, not legal defination
Game of Cricket is an ACT
how to play cricket is Rule (how many players will play, how to ball, how to bat, what is called out)
So detailed frame work is called ACT
How to work under the act is called Rule
its just for an understanding,, not legal defination
02 November 2010
"Act" is process of doing or performing something....whereas
"Rule" is governing power or authority.
Income Tax Act is an enactment passed by the Parliament whereas Rules are merely laid before the table of the house. The rules prescribes procedures and cannot go beyond the provisions of Act. Any provision inconsistent with the Act or imposing stricter regime than one prescribed in Act is ultra vires.
"Rule" is governing power or authority.
Income Tax Act is an enactment passed by the Parliament whereas Rules are merely laid before the table of the house. The rules prescribes procedures and cannot go beyond the provisions of Act. Any provision inconsistent with the Act or imposing stricter regime than one prescribed in Act is ultra vires.
02 November 2010
thanks deepak ji & sanjay ji. The way you explained with example its very nice. keep explain.
Message likes :
1 times
02 November 2010
Agree with sanjay ji
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
