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1. Extract of the Income Tax Act of India for Section 264 Section 264 of the Income Tax Act, 1961, empowers the Commissioner of Income Tax (CIT) to revise any...

1. Extract of the Income Tax Act of India – Section 264 Section 264 of the Income Tax Act, 1961 grants the Commissioner of Income Tax (CIT) the authority to...

Here is a comparison of Section 24 and Section 48 of the Income Tax Act: 1. Section 24 - Deductions from Income from House Property Applicability: This section applies to...

The Debt-to-Equity (D/E) ratio is a financial metric that compares a company's total debt to its shareholder equity. It measures the degree to which a company finances its operations through...