The income earned during the previous years is taken in the next financial year.

Normally income earned during the previous year is charged to tax during the assessment year.However, there are certain exceptions to this rule.In the following case the assessee is liable to be assessed to tax in the same year in which he earned the income
                           
https://www.vikramsaroj.com/2019/03/the-income-earned-during-previous-years.html
1.Income of non-resident from shipping business (Section 172)

 In the case of a non-resident shipping company, which has no representative in India any income derived from carrying passengers, livestock, mail or goods shipped at Port in India, will be taxed in the year of its earning.7.1/5 % of the amount paid or payable on account of such carriage will be deemed to be the income

2.income of persons leaving India (Section.174)

 When it appears to the Assessing Officer that an individual may leave india during the current assessment year or shortly after its expiry and that he has no present intention of returning to India, the total income of such individual for the period from the expiry of the previous year for that assessment year up to the probable date of his departure from India shall be charged to tax in the assessment year
                             
https://www.vikramsaroj.com/2019/03/the-income-earned-during-previous-years.html
3.Income of persons trying to alienate their assets (Section 175)

If it appears to the Assessing Officer during any current assessment year that any person is likely to charge, sell, transfer, dispose of or part with any of his assets with a view to avoiding payment of any liability under this Act, the total income of such person for the period from expiry of the previous year for the assessment year to date when the Assessing Officer commences proceeding shall be chargeable to tax in the assessment year

4.Income of discontinued business or profession(Section 176)

 Where any business or profession is discontinued in any assessment year, the income of te period from the expiry of the previous year for that assessment year in which business is discontinued up to the date of such discontinuance may at the discretion of the Assessing Officer be charged to tax in that assessment year
                               
https://www.vikramsaroj.com/2019/03/the-income-earned-during-previous-years.html
5.Income of an Association of person or body of individual or an juridical artificial person formed for particular event or purpose (Section 174.A)

Wher it appears to the Assessing Officer that any A.O.P or B.O.I or an artificial juridical person is formed or established or incorporated for a particular event or purpose and is likely to be dissolved in the assessment year in which it is formed or established or Incorporated or immediately after such assessment year the total income of such assessee for the period from The expiry of the previous year for that assessment year up to the date of its disdoludiss shall be chargeable to tax in that assessment year
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