sivaram (Asst Mgr-Taxation) (6918 Points)
02 December 2009Dear Students/Members
Can any one explain What is meant by Application of Income,Diversion of Income and Diversion of Income by overriding Title as i am a complete zero in Income Tax?
FATEMA
(CHARTERED ACCOUNTANT)
(719 Points)
Replied 02 December 2009
Sivaram,
Giving you the link which will explain you the concepts of application of income and diversiion of income by over riding title with examples and case laws.
https://incometax.indlaw.com/search/articles/?e56a5852-13d9-4a20-99f0-86224a691f0b
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 02 December 2009
thanks fatema for giving the reply
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