Section 402 Income Tax Act 2025 Interpretation. 402. For the purposes of this Chapter,— (1) “Administrator” shall have the same meaning as assigned to it in section 2(a) of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 (58 of 2002); (2) “agricultural land” means agricultural land in India,— (a) not being a… Read More »
Section 401 Income Tax Act 2025 Bar against direct demand on assessee. 401. Where tax is deductible at the source under this Chapter, the assessee shall not be called upon to pay the tax himself to the extent to which tax has been deducted from that income.
Section 400 Income Tax Act 2025 Section 400 Income Tax Act 2025 Power of Central Government to relax provisions of this Chapter. 400. (1) The Central Government may, by notification provide that deduction or collection of tax shall not be made or is to be made at such lower rate, from such payment or receipt and… Read More »
How to fill form 121 Income Tax Act 2025 Example on how to fill form 121 income tax if person has fd Interest income Rs 500000 and pension Income Rs 300000 earned during tax year 2026-27 (from 1st April 2026 to 31st March 2027) and age above 60 years Video Explanation of How to fill… Read More »
TDS on Fixed Deposits from 1st April 2026 : How to Save Tax on FD Interest TDS on Fixed Deposits from 1st April 2026 : How to Save Tax on FD Interest This Article outlines the new income tax regulations effective from April 1, 2026, focusing on how to manage Fixed Deposits (FD) to minimize… Read More »