Tax Act 2024 Taxes

Tax Act 2024 Taxes. As per the provisions of income tax act,1961(‘ita’) income of any person is computed under five heads of income, one of which is income under the head capital gains. A reference to black money (undisclosed foreign income and assets) and imposition of tax act, 2015 is introduced in section 230(1a) for the purpose of obtaining a tax.

Glimpses of the year in retrospect. The finance act, 2024 introduced.