The Interest-tax Act, 1974
Central · 1974
- S. 1Short title and extent.
- S. 2Definitions.
- S. 3Tax authorities.
- S. 4Charge of tax.
- S. 5Scope of chargeable interest.
- S. 6Computation of chargeable interest.
- S. 7Return of chargeable interest.
- S. 8Assessment.
- S. 9Self-assessment.
- S. 10Interest escaping assessment.
- S. 10ATime limit for completion of assessments and re-assessments.
- S. 11Advance payment of interest-tax.
- S. 12Interest for default in furnishing return of chargeable interest.
- S. 12AInterest for default in payment of interest-tax in advance.
- S. 12BInterest for deferment of interest-tax payable in advance.
- S. 13Penalty for concealment of chargeable interest.
- S. 14Opportunity of being heard.
- S. 15Appeals to the Commissioner (Appeals).
- S. 15AOmitted.
- S. 16Appeals to Appellate Tribunal.
- S. 17Rectification of mistakes.
- S. 18Interest-tax deductible in computing total income under the Income-tax Act.
- S. 19Revision of order prejudicial to revenue.
- S. 20Revision of orders by Commissioner.
- S. 21Application of provisions of Income-tax Act.
- S. 22Income-tax papers to be available for the purposes of this Act.
- S. 23Failure to comply with notices.
- S. 24False statements.
- S. 25Wilful attempt to evade tax, etc.
- S. 26Abetment of false returns, etc.
- S. 26AOffences by credit institutions.
- S. 26BInstitution of proceedings and composition of offences.
- S. 26CPower of credit institutions to vary certain agreements.
- S. 27Power to make rules.
- S. 28Power to exempt.
- S. 29Power to remove difficulty.
- S. 30Repealed.