Total income inclusion requires including income exempt under specified Chapter when computing an assessee's taxable income. Section 101 requires that all categories of income not chargeable to tax under the designated chapter be included in computing an assessee's Total Income, applying an aggregation principle that brings otherwise non-taxable receipts within the overall income computation for tax accounting purposes.
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.
Total income inclusion requires including income exempt under specified Chapter when computing an assessee's taxable income.
Section 101 requires that all categories of income not chargeable to tax under the designated chapter be included in computing an assessee's Total Income, applying an aggregation principle that brings otherwise non-taxable receipts within the overall income computation for tax accounting purposes.
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