RULE 145 INCOME-TAX RULES 2026 RULE 145 INCOME-TAX RULES 2026 Statements under sections 221(4), 222(2), 223(5) and 224(9). 145. (1) The statement of income credited or paid or distributed by an entity as referred to in the column B of the following Table shall be furnished by the person responsible for crediting or paying or distributing… Read More »
Section 237 Income Tax Act 2025 Appointment of income-tax authorities. 237. (1) The Central Government may appoint such persons as it thinks fit to be income-tax authorities. (2) The Central Government may, subject to the rules and its orders regulating the conditions of service of persons in public services and posts, authorise the Board, or a… Read More »
Section 236 Income Tax Act 2025 CHAPTER XIV TAX ADMINISTRATION A.-Authorities, jurisdiction and functions Income-tax authorities. 236. For the purposes of this Act, there shall be the following classes of income-tax authorities:— (a) the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963); (b) Principal Directors General… Read More »
RULE 144 INCOME-TAX RULES 2026 RULE 144 INCOME-TAX RULES 2026 Other conditions required to be fulfilled by a specified fund as referred to in Schedule VI [Note 1(g)(i)] to Act. 144. (1) For the purposes of Schedule VI [Note 1(g)(i)] to the Act, the “other conditions” required to be fulfilled by a specified fund shall be… Read More »
Section 235 Income Tax Act 2025 Interpretation. 235. For the purposes of this Part,— (a) “bareboat charter” means hiring of a ship or inland vessel, as the case may be, for a stipulated period on terms which give the charterer possession and control of the ship or inland vessel, as the case may be, including… Read More »
RULE 143 INCOME-TAX RULES 2026 RULE 143 INCOME-TAX RULES 2026 Determination of income of a specified fund attributable to investment division of an offshore banking unit under section 210(3). 143. (1) For the purposes of section 210(3), income of a specified fund, being the investment division of an offshore banking unit shall be computed in accordance… Read More »
RULE 142 INCOME-TAX RULES 2026 RULE 142 INCOME-TAX RULES 2026 Conditions referred to in Schedule VI [Note 1(g)(ii)(B)] to Act required to be fulfilled by an investment division of an off shore banking unit. 142. (1) For the purposes of Schedule VI [Note 1(g)(ii)(B)] to the Act, an investment division of an offshore banking unit shall… Read More »
Section 234 Income Tax Act 2025 Avoidance of tax and exclusion from tonnage tax scheme. 234. (1) Subject to the provisions of this Part, the tonnage tax scheme shall not apply where a tonnage tax company is a party to any transaction or arrangement which amounts to an abuse of the tonnage tax scheme. (2) For… Read More »
RULE 141 INCOME-TAX RULES 2026 RULE 141 INCOME-TAX RULES 2026 Computation of exempt income of specified fund, attributable to investment division of an offshore banking unit under Schedule VI [Table: Sl. Nos. 1 to 4] to Act. 141. (1) For the purposes of Schedule VI [Table: Sl. Nos. 1 to 4] to the Act, exempt income… Read More »
RULE 140 INCOME-TAX RULES 2026 RULE 140 INCOME-TAX RULES 2026 Determination of income of a specified fund attributable to units held by non-residents under section 210(2). 140. (1) For the purposes of section 210(2), the income of a specified fund by way of short-term or long-term capital gains, referred to in section 210(1) [Table: Sl. Nos.… Read More »