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        <h1>Income Tax Department Releases 2012-13 Data: Insights on Income Sources, Taxpayer Types, and Tax Liabilities.</h1> The Income Tax Department released statistics for the assessment year 2012-13 to facilitate analysis by departmental personnel and academicians. The data, derived from e-filed and paper returns, covers various income sources, including salary, house property, business, capital gains, and other sources. The dataset is segmented by taxpayer types such as individuals, Hindu Undivided Families (HUF), firms, companies, and associations of persons (AOPs)/bodies of individuals (BOIs). The statistics reveal income ranges, average incomes, and tax liabilities across these categories, highlighting the diversity in income distribution and tax obligations among different taxpayer groups. Limitations include potential data entry errors affecting accuracy.

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        ActsIncome Tax
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