As per section 2(10), “Average Rate of Income-Tax” means the rate arrived at by dividing the amount of income-tax calculated on the total income, by such total income. Section 2(29C) defines “Maximum Marginal Rate” to mean the rate of income-tax …
India [Section 2(25A)] The term ‘India’ means – (i)  the territory of India as per Article 1 of the Constitution, (ii)  its territorial waters, seabed and subsoil underlying such waters, (iii)  continental shelf, (iv)  exclusive economic zone or (v)  any …
Terms defined in the Act: Section 2 gives definitions of the various terms and expressions used therein. If a particular definition is given in the Act itself, we have to be guided by that definition. Terms not defined under the …
PGBP-Dep-2 Click on link to read and download
PGBP-Depriciation Click on link to read and download