Income Tax

UMtest (Test) (29 Points)

05 April 2012

Hello,

Please describe Income tax in details.

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7 Replies

Rahul Sharma (Practicing Chartered Accountant) (131 Points)
Replied 05 April 2012

Do you expect someone to describe a 1000 pages act here ?

2 Like

Rahul Sharma (Practicing Chartered Accountant) (131 Points)
Replied 05 April 2012

Do you expect someone to describe a 1000 pages act here ?

valji (Accounts manager-MBA) (2150 Points)
Replied 05 April 2012

EAEN ANY INCOME BY YOU -PAY TAX AFTER EXEMPTION & DEDUCTION AS PER ACT

SIMPAL WAY PAY DIRECT TAX

UMtest (Test) (29 Points)
Replied 05 April 2012

Thanks to all.

Mohit (CA) (755 Points)
Replied 05 April 2012

Hi Umtest, Income Tax in detail is -

A tax that you pay on the income you earn.

Hope you are clear.

Thanks.

CA PRAVEEN SINGH (MANAGER ACCOUNTS) (2277 Points)
Replied 06 April 2012

My dear friend you go access to income tax site...and read all...

for income tax, there must be first income then question of tax arise...so need to generate income first.then think about tax.

shashin (manager) (45 Points)
Replied 06 April 2012

it is income of politicians and corrupted peoples.

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