Section 394 Income Tax Act 2025 Collection of tax at source. Section 394 Income Tax Act 2025 Collection of tax at source. Collection of tax at source. 394. (1) Every person, as specified in column C of the Table below shall collect tax— (a) on receipts specified in column B; (b) at the rate as specified… Read More »
Section 393 Income Tax Act 2025 Tax to be deducted at source. Section 393 Income Tax Act 2025 Tax to be deducted at source. 393. (1) Where any income or sum of the nature specified in column B of the Table below, is credited or paid or distributed by the person specified in column C during… Read More »
Section 390 Income Tax Act 2025 CHAPTER XIX Collection and recovery of tax A.-General Deduction or collection at source and advance payment. 390. (1) The tax on income shall be payable as per this Chapter by way of— (a) deduction or collection at source; or (b) advance payment; or (c) payment under section 392(2)(a). (2) The tax… Read More »
Section 378 Income Tax Act 2025 Revision of other orders. 378. (1) The Competent Authority may, for any order, other than an order to which section 377 applies, passed by an authority subordinate to him, either of his own motion or on an application by the assessee for revision,— (a) call for the record of any proceeding under… Read More »
Section 377 Income Tax Act 2025 C. -Revision by the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner Revision of orders prejudicial to revenue. 377. (1) The Competent Authority may call for and examine the record of any proceeding under this Act, and if he considers that any order passed therein by the… Read More »
Section 376 Income Tax Act 2025 Procedure where an identical question of law is pending before High Courts or Supreme Court. 376. (1) Irrespective of anything contained in this Act, where the collegium is of the opinion that— (a) any question of law arising in the case of an assessee for any tax year (such case… Read More »
Section 375 Income Tax Act 2025 B.-Special provisions for avoiding repetitive appeals Procedure when assessee claims identical question of law is pending before High Court or Supreme Court. 375. (1) Irrespective of anything contained in this Act, where an assessee claims that— (a) any question of law arising in his case for a tax year pending… Read More »
Section 397 Income Tax Act 2025 Section 397 Income Tax Act 2025 Compliance and reporting. Compliance and reporting. 397. (1)(a) Every person deducting or collecting tax shall apply for allotment of a tax deduction and collection account number to the Assessing Officer within such time as may be prescribed, if that person has not already been… Read More »
Section 396 Income Tax Act 2025 Tax deducted is income received. 396. The following sums shall be deemed as income received for the purposes of computing the income of an assessee— (a) sums deducted under this Chapter; and (b) income-tax paid outside India by way of deduction in respect of which an assessee is allowed a… Read More »
Section 395 Income Tax Act 2025 Section 395 Income Tax Act 2025 Certificates. Certificates. 395. (1) Where tax is required to be deducted on any income or sum under this Chapter, then subject to the rules made under this Act,— (a) the payee may make an application before the Assessing Officer for deduction of income-tax at… Read More »