Procedure of income tax

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sunidhi

sunidhi (Querist)
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08 October 2008 hello can anyone tell me about Income Tax. Whole procedure of tax.

PIYUSH JAIN

PIYUSH JAIN (Expert)
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08 October 2008 Dear Mam,
what a small question you have asked!
plz specify or be online for that.

CA PIYUSH JAIN

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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08 October 2008 Continuing Mr.Jain, pl visit www.incometaxindia.gov.in to learn income tax.

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CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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09 October 2008 Yes, i can tell you the way how you can learn the whole procedure of tax. Just read the following text book
'The Income Tax Act, 1961, and the Income Tax Rules 1962.'

Taxguy

Taxguy (Expert)
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10 October 2008 It is a tax on honesty, when you earn an income you have to voluntarily pay tax on that income as per the IT Act. Porcedures change from one status to another, if you are individual, the act is simple, if compnay is complicated, so lot depends on who you are.