Answers to Frequently Asked Questions On Income Tax and Pan

Aisha | Last updated: 08 December 2007

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A. General 1. What is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is levied on the strength of an Act called Income tax Act which was passed by the Parliament of India. 2. What do you mean by income earned in India? Income earned in India is not limited to income earned within the geographical limits or boundaries of the country. Certain incomes are also deemed to have been earned in India although they may have been earned out

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

Aisha

Finance Professional

Entrepreneur in the making ..... njoying the HIGHS and LOWS of being one ...ther is nothin like being ur own BOSS :))

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Answers to Frequently Asked Questions On Income Tax and Pan

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