Computer resource definition for income-tax purposes remains aligned with the Information Technology Act across online-game taxation provisions. Computer resource for income-tax purposes adopts the meaning assigned under section 2(1)(k) of the Information Technology Act, 2000. The Income-tax Act, ... Summary
Computer resource definition for income-tax purposes remains aligned with the Information Technology Act across online-game taxation provisions.
Computer resource for income-tax purposes adopts the meaning assigned under section 2(1)(k) of the Information Technology Act, 2000. The Income-tax Act, 2025 applies this cross-referenced meaning to computer resources, internet and online games. The Income-tax Act, 1961 similarly applies the meaning through provisions concerning online-game taxation and assessment procedure, maintaining alignment with the Information Technology Act definition.
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