TaxTMI 
TaxTMI 
Income-tax
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....on the 1st day of April, 1971, as they apply in relation to income-tax for the assessment year or, as the case may be, the financial year commencing on the 1st day of April, 1970, with the following modifications, namely:- (a) in section 2,- (i) for the figures "1970", wherever they occur, the figures "1971" shall be substituted; (ii) for sub-section (3), the following sub-section shall be s....
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....Paragraph A In the case of every individual or Hindu undivided family or unregistered firm or other association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2 of the Income-tax Act, not being a case to which any other Paragraph of this Part applies,- Rates of income-tax. (1) where ....
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....0 per cent. of the amount by which the total income exceeds Rs. 25,000; (7) where the total income exceeds Rs. 30,000 but does not exceed Rs. 40,000 Rs. 6,000 plus 50 per cent of the amount by which the total income exceeds Rs. 30,000; (8) where the total income exceeds Rs. 40,000 but does not exceed Rs. 60,000 Rs. 11,000 plus 60 per cent of the amount by which the toad income exceeds Rs. 40,0....
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....isfies either of the following two conditions, namely:- (a) that it has at least two members entitled to claim partition who are not less than eighteen years of age, or (b) that it has at least two members entitled to claim partition who are not lineally descended one from the other and who are not lineally descended from any other living member of the family,- (i) no income-tax shall be pay....