Income Tax Sections

Topic

Section

1.    Status

 9

Income deemed to accrue or arise

2.   Salary

15

Charging section

89(1)

Relief

7

Income deemed to be received

17(2)(iii)

Specified employee

17(1), 17(2), 17(3)

Definition of “Salary”, “Perquisite”,  “Profits in lieu of salary”

3.    House property

22

Charging section

27

Deemed owner

24

Deductions u/h house property

23

Annual value

4.   PGBP

28

Charging section

37

General deduction

36

Specific deductions

35

Scientific research expenditure

35D

Preliminary expenses

35E

Prospecting of minerals

80GGA

Deduction for non-businessmen for donation.

80GGB - Co.

80GGC-  others

Deduction for donation to a political party

40(a)

Expenses not deductible

40A(2)

Payment to specified persons

40A(3)

Payment in cash

43B

Deduction on payment basis

44AD/AE/AF

Income on estimated basis

44B/BBA/BB/BBB

Income of non-residents

44AA

Maintenance of accounts

44AB

Audit of accounts

32

Depreciation

5.   Capital Gains

45(1)

Charging section

2(47)

Transfer

47

Transactions not regarded as Transfer

111A

STCG on listed equity shares

50B

slump sale

45(2)

Conversion of capital asset

45(5)

Compulsory acquisition

45(1A)

Insurance claim on destruction

50C

Full value of consideration

55A

Reference to valuation officer

All Exemptions u/s 54

6.    Other Sources

56(2)

Specific incomes

2(22)

Deemed dividend

10(15)

Interest exempt from tax

7.   Clubbing

Sec 64 (1) (iv)

Assets t/f to spouse

64(1A)

Income of minor child

60

Irrevocable t/f of assets

61

Revocable t/f of assets

64(i) (ii)

Remuneration of spouse

8.    Deductions

80C

Specific deductions

80CCC

Investment in pension fund

80CCD

Contribution to Pension scheme of CG

80D

Medical insurance premium

80DD

Treatment of dependent handicapped

80U

Treatment of handicapped

80DDB

Expenditure on specified diseases

80E

Interest on loan for higher education

80G

Deductions for donations

80GG

Deduction for payment of rent

80-IA

Development of infrastructure

80-IB

Development of SEZ

80-IC

Manufacturing in specified areas

80-ID

Operating hotels and convention Centre

80-IE

Manufacturing of specified articles

80JJA

Bio- degradable waste for generating power

80QQB

Deduction of Income from copyright

80RRB

 Deduction of Income from patents

88E

Rebate of STT

9.   Assessment procedure

139(1)

Return of income

139(3)

Return of loss

139(4)

Belated Return

139(4A) /(4B)/ (4C)/ (4D)

Return of Charitable trust/ political parties/ exempted entities/ various institutions

139(5)

Revised return

139(9)

Defective Return

139B

Tax Return Preparer

139C

Dispensation from furnishing documents

139D

Furnishing documents in electronic form

140

Signing of Return

140A

Self Assessment

142(1)

Notice to file return and accounts

142(2A) to 142(2D)

Special Audit

143(1)

Summary Assessment

143(2) & (3)

Scrutiny Assessment

144

Best Judgement assessment

147

Income escaping assessment

149(1)

Time limit for issue of notice

153

Time limit for Completion of assessment

10.   Appeal

154

Rectification of mistake

250

Procedure in hearing appeal

263

Revision of orders prejudicial to revenue

264

Revision of orders prejudicial to assessee

234B

Interest for non-payment

11.  Advance  tax

234C

Interest for deferment of tax

12.   Income of charitable & religious trust

11

Incomes of charitable trust

12A

Registration of trust

12AA

Procedure for registration

13

Where exemption is not available

13A

Income of political parties

13. Service tax

64

Extent, Commencement and application

Rule 4

Registration

Rule 6

Procedure of payment of service tax

68

Who shall pay the service tax

70

Furnishing of returns

Rule 7C

Penalty for delay in furnishing return

Rule 7B

Revised return

66

Charge of Service tax

67

Valuation of services