TaxTMI 
TaxTMI 
please descsribe the the section of income tax act,1962... all section and sub section and penalty...for we went wrong against this all sections.
thanks
ajay rana
How Many Section In Income Tax Act ,1962
22 Feb 2012 
5 Replies 
15120 Views Asked by
Income Tax Act sections: comprehensive review and compliance study advised, including TDS provisions and filing obligations.
Inquiry concerns the number and coverage of sections in the Income Tax Act. The Act is identified as comprising 298 sections. Practitioners should perform a comprehensive review to determine applicable provisions, become familiar with required statutory forms and returns, and study routine compliance regimes including Accounting Standards and TDS provisions. Regular engagement with a tax or secretarial consultant and use of compliance calendars are advised to manage ongoing filing and reporting obligations. (AI Summary)
Inquiry concerns the number and coverage of sections in the Income Tax Act. The Act is identified as comprising 298 sections. Practitioners should perform a comprehensive review to determine applicable provisions, become familiar with required statutory forms and returns, and study routine compliance regimes including Accounting Standards and TDS provisions. Regular engagement with a tax or secretarial consultant and use of compliance calendars are advised to manage ongoing filing and reporting obligations. (AI Summary)