Chapter #4 ( Basic Concepts of Income Tax ) Flashcards
Tax year
Sec 74
Resident individual with income tax rules 2002 ( Rule 14 )
Sec 82
Resident Company
Sec 83
Resident Association of person
Sec 84
Resident and non resident person
Sec 81
Person
Sec 80
Company
Sec 80
Association of person
Sec 80
Trust
Sec 80
Unit trust
Sec 80
Firm
Sec 80
Member
Sec 2
Tax on taxable income
Sec 4
Salaried person
Sec
Taxable income
Sec 9
Total income
Sec 10
Heads of income
Sec11
Zakat
Sec 60
Workers welfare fund
Sec 60 A
Workers participation fund
Sec 60 B
Principal of taxation of individual
Sec 86
Deceased individual
Sec 87
Legal representative
Sec 87
Authors
Sec 89
Income of minor child
Sec 91
Apportionment of deductions
Sec 67
Apportionment of expenditure Rule 13
4 to 5 points
Fair market value
Sec 68
Recouped expenditure
Sec 70
Currency Conversion
Sec 71
Cessation of source of income
Sec 72
Rules to prevent double derivation and deductions
Sec 73
Tax on dividend
Sec 5
Rules of final tax regime
Sec 8
