Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Deduction computation: use pre-deduction measure of specified income to calculate eligible tax deductions. Deductions under Chapter C must be computed with reference to the amount of the specified income as computed under the Act before making any Chapter C deductions; that pre-deduction figure alone is deemed to be the income of that nature included in the assessee's gross total income for calculating the deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction computation: use pre-deduction measure of specified income to calculate eligible tax deductions.
Deductions under Chapter C must be computed with reference to the amount of the specified income as computed under the Act before making any Chapter C deductions; that pre-deduction figure alone is deemed to be the income of that nature included in the assessee's gross total income for calculating the deduction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.