Assesses in India can comprehensively be arranged into immediate and aberrant. Coordinate Taxes. These incorporate Income charge, Wealth duty and Interest Tax. The hugest of direct assessments is wage charge. Pay Tax, The demand of salary expense is represented by the Income-Tax Act, 1961. This is a tremendously complex enactment running into more than 300 Sections with afew subsections. The Act experiences changes each year with increments and cancellations brought out through a Finance Act go by the Parliament.
Krishna Chandra Marg, Reclamation, Bandra West, Mumbai, Maharashtra 400051
Advocate Ashok Pandey