This article is written by Lahari Vennam of KL University, Andhra Pradesh, an intern under Legal Vidhiya. ABSTRACT Taxes on income must be paid to the government by all income earners. Taxes on all types of income, such as wages, profits from enterprises, and capital gains, are covered. The amount Read more…
This article is written by Chalamalasetti Lakshmi Naga Sai of 4th Semester of ICFAI Law School, Hyderabad ABSTRACT This research paper starts with introducing the Income tax Act, 1961.Then this research paper explains the reader about section 14 of Income tax act 1961, in which the income of the individual Read more…
This Article is written by Ishtmeet Kaur, Rajiv Gandhi National University of Law (RGNUL), 1st Semester, An intern at Legal Vidhiya ABSTRACT This article aims to understand the concepts of deduction, refund and tax authorities, given under the Income Tax Act, 1961. Apart from this, we will also compare that Read more…
This article is written by Utkarsh Upadhyay of Jamia Millia of 1st year, Intern under Legal Vidhiya ABSTRACT This legal research paper explores the two types of rates of income tax – proportional and progressive. The paper examines the theoretical basis of both types of taxation, analyzes their implementation and Read more…