4. Charge of income-tax
5. Scope of total income
6. Residence in India
7. Income deemed to be received and dividend deemed to be income in a tax year
8. Income on receipt of capital asset or stock-in-trade by specified person from specified entity.
9. Income deemed to accrue or arise in India.
10. Apportionment of income between spouses governed by Portuguese Civil Code.
26. Income under head “Profits and gains of business or profession”.
27. Manner of computing profits and gains of business or profession.
28. Rent, rates, taxes, repairs and insurance.
29. Deductions related to employee welfare.
30. Deduction on certain premium.
31. Deduction for bad debt and provision for bad and doubtful debt.
32. Other deductions.
33. Deduction for depreciation.
34. General conditions for allowable deductions.
35. Amounts not deductible in certain circumstances.
36. Expenses or payments not deductible in certain circumstances.
37. Certain deductions allowed on actual payment basis only.
38. Certain sums deemed as profits and gains of business or profession.
39. Computation of actual cost.
40. Special provision for computation of cost of acquisition of certain assets.
41. Written down value of depreciable asset.
42. Capitalising impact of foreign exchange fluctuation.
43. Taxation of foreign exchange fluctuation.
44. Amortisation of certain preliminary expenses.
45. Expenditure on scientific research.
46. Capital expenditure of specified business.
47. Expenditure on agricultural extension project and skill development project.
48. Tea development account, coffee development account and rubber development account.
49. Site Restoration Fund.
50. Special provision in case of trade, profession or similar association.
51. Amortisation of expenditure for prospecting certain minerals.
52. Amortisation of expenditure for telecommunications services, amalgamation, demerger, scheme of voluntary retirement, etc.
53. Full value of consideration for transfer of assets other than capital assets in certain cases.
54. Business of prospecting for mineral oils.
55. Insurance business.
56. Special provision in case of interest income of specified financial institutions.
57. Revenue recognition for construction and service contracts.
58. Special provision for computing profits and gains of business or profession on presumptive basis in case of certain residents.
59. Computation of royalty and fee for technical services in hands of nonresidents.
60. Deduction of head office expenditure in case of nonresidents.
61. Special provision for computation of income on presumptive basis in respect of certain business activities of certain nonresidents.
62. Maintenance of books of account.
63. Tax audit.
64. Special provision for computing deductions in case of business reorganisation of co-operative banks.
65. Interpretation for purposes of section 64.
66. Interpretation.
67. Capital gains.
68. Capital gains on distribution of assets by companies in liquidation.
69. Capital gains on purchase by company of its own shares or other specified securities.
70. Transactions not regarded as transfer.
71. Withdrawal of exemption in certain cases.
72. Mode of computation of capital gains.
73. Cost with reference to certain modes of acquisition.
74. Special provision for computation of capital gains in case of depreciable assets."
75. Special provision for cost of acquisition in case of depreciable asset.
76. Special provision for computation of capital gains in case of Market Linked Debenture.
77. Special provision for computation of capital gains in case of slump sale.
78. Special provision for full value of consideration in certain cases.
79. Special provision for full value of consideration for transfer of share other than quoted share.
80. Fair market value deemed to be full value of consideration in certain cases.
81. Advance money received.
82. Profit on sale of property used for residence.
83. Capital gains on transfer of land used for agricultural purposes not to be charged in certain cases.
84. Capital gains on compulsory acquisition of lands and buildings not to be charged in certain cases.
85. Capital gains not to be charged on investment in certain bonds.
86. Capital gains on transfer of certain capital assets not to be charged in case of investment in residential house.
87. Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area.
88. Exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking from urban area to any Special Economic Zone.
89. Extension of time for acquiring new asset or depositing or investing amount of capital gains.
90. Meaning of “adjusted”, “cost of improvement” and “cost of acquisition”.
91. Reference to Valuation Officer.
96. Transfer of income without transfer of assets.
97. Chargeability of income in transfer of assets.
98. “Transfer” and “revocable transfer” defined.
99. Income of individual to include income of spouse, minor child etc.
100. Liability of person in respect of income included in income of another person.
108. Set off of losses under same head of income
109. Set off of losses under any other head of income.
110. Carry forward and set off of loss from house property.
111. Carry forward and set off of loss from Capital gains.
112. Carry forward and set off of business loss.
113.set off and carry forward of losses computed in respect of speculation business.
114. Set off and carry forward of losses computed in respect of specified business.
115. Set off and carry forward of losses from specified activity.
116. Treatment of accumulated losses and unabsorbed depreciation in amalgamation or demerger , etc
117. Treatment of accumulated losses and unabsorbed depreciation in scheme of amalgamation in certain cases.
118. Carry forward and set off of losses and unabsorbed depreciation in business reorganisation of co-operative banks.
119. Carry forward and set off of losses not permissible in certain cases.
120. No set off of lossess against undisclosed income consequent to search, requisition and survey.
121. Submission of return for losses.
123. Deduction for life insurance premia, deferred annuity, contributions to provident fund, etc.
124. Deduction in respect of employer and assessee contribution to pension scheme of Central Government.
125. Deduction in respect of contribution to Agnipath Scheme.
126. Deduction in respect of health insurance premia.
127. Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability.
128. Deduction in respect of medical treatment, etc
129. Deduction in respect of interest on loan taken for higher education.
130. Deduction in respect of interest on loan taken for residential house property.
131. Deduction in respect of interest on loan taken for certain house property.
132. Deduction in respect of purchase of electric vehicle.
133. Deduction in respect of donations to certain funds, charitable institutions, etc.
134. Deductions in respect of rents paid.
135. Deduction in respect of certain donations for scientific research or rural development.
136. Deduction in respect of contributions given by companies to political parties.
137. Deduction in respect of contributions given by any person to political parties.
138. Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc.
139. Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone."
140. Special provision in respect of specified business.
141. Deduction in respect of profits and gains from certain industrial undertakings.
142. Deductions in respect of profits and gains from housing projects.
143. Special provisions in respect of certain undertakings in North-Eastern States.
144. Special provisions in respect of newly established Units in Special Economic Zones.
145. Deduction for businesses engaged in collecting and processing of bio-degradable waste."
146. Deduction in respect of additional employee cost.
147. Deductions for income of Offshore Banking Units and Units of International Financial Services Centre.
148. Deduction in respect of certain inter-corporate dividends.
149. Deduction in respect of income of co-operative societies.
150. Interpretation for purposes of section 149.
151. Deduction in respect of royalty income, etc., of authors of certain books other than text-books.
152. Deduction in respect of royalty on patents.
161. Computation of income from international transaction and specified domestic transaction having regard to arm’s length price."
162. Meaning of associated enterprise.
163. Meaning of international transaction.
164. Meaning of specified domestic transaction.
165. Determination of arm’s length price.
166. Reference to Transfer Pricing Officer.
167. Power of Board to make safe harbour rules.
168. Advance pricing agreement.
169. Effect to advance pricing agreement.
170. Secondary adjustment in certain cases.
171. Maintenance, keeping and furnishing of information and document by certain persons.
172. Report from an accountant to be furnished by persons entering into international transaction or specified domestic transaction.
173. Definitions of certain terms relevant to determination of arm’s length price, etc.
174. Avoidance of income-tax by transactions resulting in transfer of income to non-residents.
175. Avoidance of tax by certain transactions in securities.
176. Special measures in respect of transactions with persons located in notified jurisdictional area.
177. Limitation on interest deduction in certain cases.
178. Applicability of General Anti-Avoidance Rule.
179. Impermissible avoidance arrangement.
180. Arrangement to lack commercial substance.
181. Consequences of impermissible avoidance arrangement.
182. Treatment of connected person and accommodating party.
183. Application of this Chapter.
184. Interpretation.
190. Determination of tax where total income includes income on which no tax is payable.
191. Tax on accumulated balance of recognised provident fund.
192. Tax in case of block assessment of search cases.
193. Tax on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer.
194. Tax on certain incomes.
195. Tax on income referred to in sections 102 to 106.
199. Tax on income of certain manufacturing domestic companies
200. Tax on income of certain domestic companies.
201. Tax on income of new manufacturing domestic companies.
202. New tax regime for individuals, Hindu undivided family and others.
203. Tax on income of certain resident co- operative societies.
204. Tax on income of certain new manufacturing co-operative societies.
205. Conditions for tax on income of certain companies and co-operative societies.
207. Tax on dividends, royalty and fees for technical service in case of foreign companies.
208. Tax on income from units purchased in foreign currency or capital gains arising from their transfer.
209. Tax on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from heir transfer.
210. Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer.
211. Tax on nonresident sportsmen or sports associations.
212. Interpretation.
213. Special provision for computation of total income of non-residents.
214. Tax on investment income and long-term capital gains.
215. Capital gains on transfer of foreign exchange assets not to be charged in certain cases.
216. Return of income not to be furnished in certain cases.
217. Benefit under Chapter to be available in certain cases even after assessee becomes resident.
218. Chapter not to apply if the assessee so chooses.
219. Conversion of an Indian branch of foreign company into subsidiary Indian company.
220. Foreign company said to be resident in India.
225. Income from business of operating qualifying ships.
226. Tonnage tax scheme.
227. Computation of tonnage income.
228. Relevant shipping income and exclusion from book profit.
229. Depreciation and gains relating to tonnage tax assets.
230. Exclusion of deduction, loss, set off, etc.
231. Method of opting of tonnage tax scheme and validity.
232. Certain conditions for applicability of tonnage tax scheme.
233. Amalgamation and demerger.
234. Avoidance of tax and exclusion from tonnage tax scheme.
235. Interpretation.
236. Income-tax authorities.
237. Appointment of income-tax authorities.
238. Control of income-tax authorities.
239. Instructions to subordinate authorities.
240. Taxpayer’s Charter.
241. Jurisdiction of income-tax authorities.
242. Jurisdiction of Assessing Officers.
243. Power to transfer cases.
244. Change of incumbent of an office.
245. Faceless jurisdiction of income-tax authorities.
246. Power regarding discovery, production of evidence, etc.
247. Search and seizure.
248. Powers to requisition.
249. Reasons not to be disclosed.
250. Application of seized or requisitioned assets.
251. Copying, extraction, retention and release of books of account and documents seized or requisitioned.
252. Power to call for information.
253. Powers of survey.
254. Power to collect certain information.
255. Power to inspect registers of companies.
256. Power of certain income-tax authorities.
257. Proceedings before income-tax authorities to be judicial proceedings.
258. Disclosure of information relating to assessees.
259. Power to call for information by prescribed income-tax authority.
260. Faceless collection of information.
261. Interpretation.
268. Inquiry before assessment.
269. Estimation of value of assets by Valuation Officer.
270 Assessment.
271. Best judgment assessment.
272. Power of Joint Commissioner to issue directions in certain cases.
273. Faceless Assessment.
274. Reference to Principal Commissioner or Commissioner in certain cases.
275. Reference to Dispute Resolution Panel.
276. Method of accounting.
277. Method of accounting in certain cases.
278. Taxability of certain income.
279. Income escaping assessment.
280. Issue of notice where income has escaped assessment.
281. Procedure before issuance of notice under section 280.
282. Time limit for notices under sections 280 and 281.
283. Provision for cases where assessment is in pursuance of an order on appeal, etc.
284. Sanction for issue of notice.
285. Other Provision.
286. Time limit for completion of assessment, reassessment and recomputation.
287. Rectification of mistake.
288. Other Amendments.
289. Notice of demand.
290. Modification and revision of notice in certain cases.
291, Intimation of loss.
292. Assessment of total undisclosed income as a result of search.
293. Computation of total undisclosed income of block period.
294. Procedure for block assessment.
295. Undisclosed income of any other person.
296. Time-limit for completion of block assessment.
297. Certain interests and penalties not to be levied or imposed.
298. Levy of interest and penalty in certain in cases.
299. Authority competent to make assessment of block period.
300. Application of other provisions of Act.
301. Interpretation.
309. Method of computing a member’s share in income of association of ersons or body of individuals.
310. Share of member of association of persons or body of individuals in income of association or body.
311. Charge of tax where shares of members in association of persons or body of individuals unknown, etc.
334. Tax on income of registered non-profit organisation.
335. Regular income.
336. Taxable regular income.
337. Specified income.
338. Income not to be included in regular income.
339. Corpus donation.
340. Deemed corpus donation.
341. Application of income.
342. Accumulated income.
343. Deemed accumulated income.
375. Procedure when assessee claims identical question of law is pending before High Court or Supreme Court.
376. Procedure where an identical question of law is pending before High Courts or Supreme Court.
377. Revision of orders prejudicial to revenue.
378. Revision of other orders.
379. Dispute Resolution Committee.
380. Interpretation.
381. Board for Advance Rulings.
382. Vacancies, etc., not to invalidate proceedings.
383. Application for advance ruling.
384. Procedure on receipt of application.
385. Appellate authority not to proceed in certain cases.
386. Advance ruling to be void in certain circumstances.
387. Powers of the Board for Advance Rulings.
388. Procedure of Board for Advance Rulings.
389. Appeal.
392. Salary and accumulated balance due to an employee.
393. Tax to be deducted at source.
394. Collection of tax at source.
395. Certificates.
396. Tax deducted is income received.
397. Compliance and reporting.
398. Consequences of failure to deduct or pay or, collect or pay
399. Processing.
400. Power of Central Government to relax provisions of this Chapter.
401. Bar against direct demand on assessee.
402. Interpretation.
403. Liability for payment of advance tax.
404. Conditions of liability to pay advance tax.
405. Computation of advance tax.
406. Payment of advance tax by assessee on his own accord.
407. Payment of advance tax by assessee in pursuance of order of Assessing Officer.
408. Instalments of advance tax and due dates.
409. When assessee is deemed to be in default.
410. Credit for advance tax.
411. When tax payable and when assessee deemed in default.
412. Penalty payable when tax in default.
413. Certificate by Tax Recovery Officer and validity thereof.
414. Tax Recovery Officer by whom recovery is to be effected.
415. Stay of proceedings in pursuance of certificate and amendment or cancellation thereof.
416. Other modes of recovery.
417. Recovery through State Government.
418. Recovery of tax in pursuance of agreements with foreign countries.
419. Recovery of penalties, fine, interest and other sums.
420. Tax clearance certificate.
421. Recovery by suit or under other law not affected.
422. Recovery of tax arrear in respect of non-resident from his assets.
431. Refunds.
432. Person entitled to claim refund in certain special cases.
433. Form of claim for refund and limitation.
434. Refund for denying liability to deduct tax in cases.
435. Refund on appeal, etc.
436. Correctness of assessment not to be questioned.
437. Interest on refunds.
438. Set off and withholding of refunds in certain cases.
439. Penalty for under-reporting and misreporting of income.
440. Immunity from imposition of penalty, etc.
441. Failure to keep, maintain or retain books of account, documents, etc.
442. Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions.
443. Penalty in respect of certain income.
444. Penalty for false entry, etc., in books of account.
445. Benefits to related persons.
446. Failure to get accounts audited.
447. Penalty for failure to furnish report under section 172.
448. Penalty for failure to deduct tax at source.
449. Penalty for failure to collect tax at source.
450. Penalty for failure to comply with provisions of section 185.
451. Penalty for failure to comply with provisions of section 186.
452. Penalty for failure to comply with provisions of section 187.
453. Penalty for failure to comply with provisions of section 188.
454. Penalty for failure to furnish statement of financial transaction or reportable account.
455. Penalty for furnishing inaccurate statement of financial transaction or reportable account.
456. Penalty for failure to furnish statement or information or document by an eligible investment fund.
457. Penalty for failure to furnish information or document under section 171.
458. Penalty for failure to furnish information or document under section 506.
459. Penalty for failure to furnish report or for furnishing inaccurate report under section 511.
460. Penalty for failure to submit statement under section 505.
461. Penalty for failure to furnish statements, etc.
462. Penalty for failure to furnish information or furnishing inaccurate information under section 397 (3)(d).
463. Penalty for furnishing incorrect information in reports or certificates.
464. Penalty for failure to furnish statements, etc.
465. Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc.
466. Penalty for failure to comply with the provisions of section 254.
467. Penalty for failure to comply with the provisions of section 262.
468. Penalty for failure to comply with the provisions of section 397.
469. Power to reduce or waive penalty, etc., in certain cases.
470. Penalty not to be imposed in certain cases.
471. Procedure.
472. Bar of limitation for imposing penalties.
473. Contravention of order made under section 247.
474. Failure to comply with section 247(1)(ii).
475. Removal, concealment, transfer or delivery of property to prevent tax recovery.
476. Failure to pay tax to credit of Central Government under Chapter XIX-B.
477. Failure to pay tax collected at source.
478. Wilful attempt to evade tax, etc.
479. Failure to furnish returns of income.
480. Failure to furnish return of income in search cases.
481. Failure to produce accounts and documents.
482. False statement in verification, etc.
483. Falsification of books of account or document, etc.
484. Abetment of false return, etc.
485. Punishment for second and subsequent offences.
486. Punishment not to be imposed in certain cases.
487. Offences by companies.
488. Offences by Hindu undivided family.
489. Presumption as to assets, books of account, etc., in certain cases.
490. Presumption as to culpable mental state.
491. Prosecution to be at instance of Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner.
492. Certain offences to be noncognizable.
493. Proof of entries in records or documents.
494. Disclosure of particulars by public servants.
495. Special Courts.
496. Offences triable by Special Court.
497. Trial of offences as summons case.
498. Application of Bharatiya Nagarik Suraksha Sanhita, 2023 to proceedings before Special Court.
499. Certain transfers to be void.
500. Provisional Battachment to protect revenue in certain cases.
501. Service of notice, generally.
502. Authentication of notices and other documents.
503. Service of notice when family is disrupted or firm etc., is dissolved.
504. Service of notice in case of discontinued business.
505. Submission of statement by a non-resident having liaison office.
506. Furnishing of information or documents by an Indian concern in certain cases.
507. Submission of statements by producers of cinematograph films or persons engaged in specified activity.
508. Obligation to furnish statement of financial transaction or reportable account.
509. Obligation to furnish information on transaction of crypto- asset.
510. Annual information statement.
511. Furnishing of report in respect of international group.
512. Publication of information respecting assessees in certain cases.
513. Appearance by registered valuer in certain matters.
514. Registration of valuers.
515. Appearance by authorised representative.
516. Rounding off of amount of total income, or amount payable or refundable.
517. Receipt to be given.
518. Indemnity.
519. Power to tender immunity from prosecution.
520. Cognizance of offences.
521. Probation of Offenders Act, 1958 and section 401 of Bharatiya Nagarik Suraksha Sanhita, 2023, not to apply.
522. Return of income, etc., not to be invalid on certain grounds.
523. Notice deemed to be valid in certain circumstances.
524. Presumption as to assets, books of account, etc.
525. Authorisation and assessment in case of search or requisition.
526. Bar of suits in civil courts.
527. Power to make exemption, etc., in relation to participation in business of prospecting for, extraction, etc., of mineral oils.
528. Power of Central Government or Board to condone delays in obtaining approval
529. Power to withdraw approval.
530. Act to have effect pending legislative provision for charge of tax.
531. Power to rescind exemption in relation to certain Union territories already granted under section 294A of the Income-tax Act, 1961.
532. Power to frame schemes.
533. Power to make rules.
534. Laying before Parliament.
535. Removal of difficulties.
536. Repeal and savings.
SCHEDULE I CONDITIONS FOR CERTAIN ACTIVITIES NOT TO CONSTITUTE BUSINESS CONNECTION IN INDIA.
SCHEDULE II (See section 11) INCOME NOT TO BE INCLUDED IN TOTAL INCOME
SCHEDULE III ( (See section 11) INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF ELIGIBLE PERSONS
SCHEDULE IV (Seesection 11) INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF ELIGIBLE NON-RESIDENTS, FOREIGN COMPANIES AND OTHER SUCH PERSONS
SCHEDULE V (Seesection 11) INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS INCLUDING INVESTMENT FUNDS, BUSINESS TRUSTS AND THEIR UNIT HOLDERS
SCHEDULE VI (See section 11) INCOME NOT TO BE INCLUDED IN TOTAL INCOME OF CERTAIN ELIGIBLE PERSONS IN INTERNATIONAL FINANCIAL SERVICES CENTRE OR HAVING INCOME THEREFROM
SCHEDULE VII (See section 11) PERSONS EXEMPT FROM TAX
SCHEDULE VIII INCOME NOT TO BE INCLUDED IN THE TOTAL INCOME OF POLITICAL PARTIES AND ELECTORAL TRUSTS
SCHEDULE IX DEDUCTION FOR TEA DEVELOPMENT ACCOUNT, COFFEE DEVELOPMENT ACCOUNT AND RUBBER DEVELOPMENT ACCOUNT FOR COMPUTING INCOME UNDER THE HEAD “PROFITS AND GAINS OF BUSINESS OR PROFESSION
SCHEDULE X DEDUCTION FOR SITE RESTORATION FUND FOR COMPUTING INCOME UNDER THE HEAD “PROFITS AND GAINS OF BUSINESS OR PROFESSION” "
SCHEDULE XI RECOGNISED PROVIDENT FUNDS
SCHEDULE XII MINERALS
SCHEDULE XIII LIST OF ARTICLES OR THINGS
SCHEDULE XIV A.—Life insurance business
SCHEDULE XV DEDUCTION IN RESPECT OF LIFE INSURANCE PREMIA, CONTRIBUTION TO PROVIDENT FUND, SUBSCRIPTION TO CERTAIN EQUITY SHARES, ETC.
SCHEDULE XVI PERMITTED MODES OF INVESTMENT OR DEPOSITS FORM SOR MODES OF INVESTMENT OR DEPOSITS BY A REGISTERED NON PROFIT ORGANISATION