This discussion outlines the essential components that make up UK income tax law. These include the primary Income Tax Act of 1961 and the accompanying Income Tax Rules from 1962. Additionally, the yearly Finance Act, official circulars, government notifications, and judicial pronouncements from court decisions are vital elements.
Important components of income tax laws is as follows : Income Tax Act, 1961 Income Tax Rules, 1962 The Finance Act (Yearly) Circulars Government Notifications Court Decision (Judicial Pronouncements)