Expenditure-Tax Act, 1987

Section - 1 - Short title, extent and commencement

Section - 2 - Definitions

Section - 3 - Application of the Act

Section - 4 - Charge of expenditure-tax

Section - 5 - Meaning of chargeable expenditure

Section - 6 - Tax authorities

Section - 7 - Collection and recovery of expenditure-tax

Section - 8 - Person responsible for collecting tax to furnish pre­scribed return

Section - 9 - Assessment

Section - 10 - Best judgment assessment

Section - 11 - Chargeable expenditure escaping assessment

Section - 12 - Rectification of mistake

Section - 13 - Time limit for completion of assessment and reassessment

Section - 14 - Interest on delayed payment of expenditure-tax

Section - 15 - Penalty for failure to collect or pay expenditure-tax

Section - 16 - Penalty for failure to furnish prescribed return

Section - 17 - Penalty for concealment of chargeable expenditure

Section - 18 - Penalty for failure to comply with notice

Section - 19 - Penalty not to be imposed in certain cases

Section - 20 - Notice of demand

Section - 21 - Revision of orders by the Commissioner

Section - 22 - Appeals to the Commissioner (Appeals)

Section - 23 - Appeals to Appellate Tribunal

Section - 24 - Application of provisions of Income-tax Act

Section - 25 - Wilful attempt to evade tax, etc.

Section - 26 - Failure to furnish prescribed returns

Section - 27 - False statement in verification, etc.

Section - 28 - Abetment of false return, etc.

Section - 29 - Certain offences to be non-cognizable

Section - 30 - Institution of proceedings and composition of offences

Section - 31 - Power to make rules

Section - 32 - Power to remove difficulties

Section - 33 - Consequential amendments

To read the full act/ section offline, download the app from Google Play store
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details