Please inform me as to how Income tax rules and the income tax act is different?
When we have a Income tax act what is the purpose of having income tax rules?
Menu
Income tax rules & Income tax act
Replies (4)
Hey Raj,IT Act is in 1961,Which Show That Depreciation To Be Charged on Fixed Assets & It Rules is In 1962, They Show U How To Charged Depreciation ,Wheather Opening or Closing & Finance Act Show Rate of Depreciation
Good one ankur, keep it up
really true
It is absolutely true
Recent Topics :
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
Related Topics :
CAclubindia
