The five most important sections of income tax| With Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10-E from the F.Y.2000-01 to 2022-23

The five most important sections of income tax| Anyone who earns income in the state is responsible  for paying income tax. The Income Tax Law consists of different articles that deal separately with  various aspects of taxation in the country. In addition, this law also provides taxpayers with several  income tax deductions that they can claim when filing their Income Tax Returns (ITR). Once the  deductions have been made, the tax will be charged on the total tax base according to the rates of the  taxpayer’s income tax bracket. Income Tax Act has 23 chapters in total and 298 sections, according to the official…