As soon as you read the title the first thought which will come in mind. Is it possible? Yes it is possible and I have tried it. Awaiting your valuable comments.
You will find following topics
1. Types of Heads
2. Sections associated with each heads of Income.
3. Exempted Income.
4. Expenses allowed as deduction under each head.
5. Computation of income formula through sections.
6. Rates of tax of each head.
7. Set off and carry forward of losses.
The above topics are in brief. But it gives fair amount of idea what is income tax, how it is computed and rates of tax.
Do you think #GST Council should provide option to Revise Form GSTR-3B?— Tax Guru (@taxguru_in) November 13, 2017
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