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Form 10BA is a declaration form that is used by a certain section of assessees while filing income tax returns in India. The form is a declaration by the assessee. The format is specified by the Income Tax Department of India.
Individuals who fulfil any one of the following conditions should by law file their Income Tax Returns during a financial year: [3]. People whose gross total income (before any deductions exceeds ₹2.5 lakh in FY or ₹3 lakh for senior citizens or ₹5 lakh for super senior citizens).
Direct tax in the form of an income tax was introduced by the British in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [5] The organizational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act, 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
The first three characters of the code are three letters forming a sequence of alphabetical letters from AAA to ZZZ; The fourth character identifies the type of holder of the card. Each holder type is uniquely defined by a letter from the list below: A — AOP (Association of persons) B — BOI (Body of individuals) C — Company F — Firm G ...
List - II entailing the areas on which only the state legislature can make laws, and; List - III listing the areas on which both the Parliament and the State Legislature can make laws upon concurrently. Separate heads of taxation are no head of taxation in the Concurrent List (Union and the States have no concurrent power of taxation). [8]
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
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Access code may refer to: Authentication. Password, a secret word; Personal identification number (PIN), a secret numeric code; Telecommunications.