INCOME TAX ACT with Departmental Views

1. Income-tax Act, 1961

Text of sections

Chronological list of Amendment Acts

SUBJECT INDEX

Appendix 1: Important Circulars & Notifications

Appendix 2: The Taxation Laws (Amendment) Act, 2019

Appendix 3: The Finance Act, 2020

Income Tax

The First Schedule: Rates of Taxes

Part I: Income Tax

Part II: Rates for Deduction of Tax at Source in Certain Cases

Part III: Rates for Charging Income-tax in Certain Cases, Deducting Income-tax from Income Chargeable under the Head “Salaries” and Computing “Advance Tax”

Part IV: Rules for Computation of Net Agricultural Income

Appendix 4: The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Chapter I: Preliminary

Chapter II: Relaxation of Certain Provisions of Specified Act

Chapter III: Amendments to the Income-Tax Act, 1961

Chapter IV: Amendments to the Direct Tax Vivad Se Vishwas Act

Chapter V: Relaxation of Time Limit under Certain Indirect Tax Laws

Chapter VI: Amendment to the Central Goods and Services Tax Act, 2017

Chapter VII: Amendment to the Finance (No. 2) Act, 2019

Chapter VIII: Amendment to the Finance Act, 2020

Statement of Objects and Reasons

2. Securities Transaction Tax

3. Commodities Transaction Tax