WebbAnswer - Item (iii ) of rule 2BA specifies that the scheme of voluntary retirement should be drawn to result in overall reduction in the existing strength of the employees of a … WebbThe income tax laws empower to Central Board of Direct Taxes (CBDT) to authorize Income tax officers to accept such returns claiming an exemption, deduction, refund, …
Income Tax Act - Income Tax Act 1961, Laws, Rules & Sections
Webb3 apr. 2024 · RULE PAGE CONTENTS I-14 40BBDetermination of amount received by domestic company in respect of issue of shares 1180 40GRefund claim under section 239A 1183 42 to 44Tax clearance certificates 1184... Webb30 jan. 2024 · Amount received under voluntary retirement: Any amount received by an employee of a company or local authority where the scheme of voluntary retirement is framed as per Rule 2BA of the Income Tax Rules gets a tax exemption of up to Rs 5 lakh from the amount received as voluntary retirement. grease watch
Taxmann’s Research Income Tax Rules Annotated/Integrated, …
Webb31 dec. 2024 · An Act to impose a tax upon incomes and to regulate the collection thereof. 1. This Act may be cited as the Income Tax Act. 2.—. (1) In this Act, unless the subject or context otherwise requires —. “account with the electronic service”, in relation to any person, means a computer account within the electronic service which is assigned ... WebbAgricultural income is defined under section 2(1A) of the Income-tax Act. As per section 2(1A), agricultural income generally means: ... *Guidelines prescribed under Rule 2BA of Income -tax Rules. 1962. Voluntary retirement scheme should be framed in accordance with the following guidelines: ... Webb11 juli 2013 · On the other hand, rule 2BA of the Rules which is substantially relied upon by the learned standing counsel for the Revenue is that a specific reference to section … choose google as default