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CONCEPTUAL CLARITY
WHILE STUDYING ANY TOPIC MAKE SURE THAT AVOID MULTIPLE SOURCES. INSTEAD PICK UP ONE STANDARD SOURCE AND THE CONTENT OF WHICH YOU CAN COMPREHEND. READ IT MULTIPLE TIMES...FRAME A PICTURE IN MIND....ANALYSE...

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Income Tax is one if the Direct Taxes levied by the Central Government. In India, the Central Board of Direct Taxes (CBDT) Administers the Income Tax Act 1962. Let us understand few of the basic concepts...

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With effective from 1st April, 2017, no person shall receive an amount ofRs 2 Lakh or more; (A) in aggregate from a person in a day (or) (B)
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