Income tax law and practice book pdf 2018 19
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Sahitya Bhawan Publications - Buy latest books on Taxation, Accountancy, StatisticsThe government imposes a tax on taxable income of all persons who are individuals, Hindu Undivided Families HUF's , companies, firms, LLP, association of persons, body of individuals, local authority and any other artificial juridical person. Levy of tax on a person depends upon his residential status. Income tax is a key source of funds that the government uses to fund its activities and serve the public. The Income Tax Department is the biggest revenue mobilizer for the Government. Taxation has been one of the key function of the sovereign state since ancient times. In Manusmriti , the Manu , stated that king has the sovereign power to levy and collect tax according to sastras. In lieu of this tax, the king has a duty to protect his subjects.
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Income Tax Law & Accounts A.Y 2019-20
For B. Mehrotra and Dr. Shiv — November 11, Income Tax Assessment Year Indirect Taxes. Y Direct Tax Laws.
The subject of Direct Tax Law & Practice is inherently complicated and is . of income tax laws applicable for AY i.e. FY
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