Call 24X7 : +91 8872066332
For expert call +91 99118 48632   |   AT8ACOUNTING@GMAIL.COM

Income Tax Notice

Income Tax Notice

An income tax is a taximposed on individuals or entities (taxpayers) that varies with respective income or profits (taxableincome). Income tax generally is computed as the product ofa tax rate times taxable income. Taxation rates may vary by typeor characteristics of the taxpayer.


The concept oftaxing income is a modern innovation and presupposes several things: a money economy, reasonably accurate accounts, a common understanding of receipts, expenses and profits, and an orderly society with reliable records.

Sign In