28 |
|
Profits and gains of business or profession |
|
|
|
29 |
|
Income from profits and gains of business or profession, how computed |
|
|
|
30 |
|
Rent, rates, taxes, repairs and insurance for building |
|
|
|
31 |
|
Repairs and insurance of machinery, plant and furniture |
|
|
|
32 |
|
Depreciation |
|
|
|
32A |
|
Investment allowance |
|
|
|
32AB |
|
Investment deposit account |
|
|
|
33 |
|
Development rebate |
|
|
|
33A |
|
Development allowance |
|
|
|
33AB |
|
Tea development account, coffee development account and rubber development account |
|
|
|
33ABA |
|
Site Restoration Fund |
|
|
|
33AC |
|
Reserves for shipping business |
|
|
|
33B |
|
Rehabilitation allowance |
|
|
|
34 |
|
Conditions for depreciation allowance and development rebate |
|
|
|
34A |
|
Restriction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies |
|
|
|
35 |
|
Expenditure on scientific research |
|
|
|
35A |
|
Expenditure on acquisition of patent rights or copyrights |
|
|
|
35AB |
|
Expenditure on know-how |
|
|
|
35ABB |
|
Expenditure for obtaining licence to operate telecommunication services |
|
|
|
35AC |
|
Expenditure on eligible projects or schemes |
|
|
|
35CCA |
|
Expenditure by way of payment to associations and institutions for carrying out rural development programmes |
|
|
|
35CCB |
|
Expenditure by way of payment to associations and institutions for carrying out programmes of conservation of natural resources |
|
|
|
35D |
|
Amortisation of certain preliminary expenses |
|
|
|
35DD |
|
Amortisation of expenditure in case of amalgamation or demerger |
|
|
|
35DDA |
|
Amortisation of expenditure incurred under voluntary retirement scheme |
|
|
|
35E |
|
Deduction for expenditure on prospecting, etc., for certain minerals |
|
|
|
36 |
|
Other deductions |
|
|
|
37 |
|
General |
|
|
|
38 |
|
Building, etc., partly used for business, etc., or not exclusively so used |
|
|
|
40 |
|
Amounts not deductible |
|
|
|
40A |
|
Expenses or payments not deductible in certain circumstances |
|
|
|
41 |
|
Profits chargeable to tax |
|
|
|
42 |
|
Special provision for deductions in case of business for prospecting, etc., for mineral oil |
|
|
|
43 |
|
Definations of certain terms relevant to income from profits and gains of business or profession |
|
|
|
43A |
|
Special provisions consequential to changes in rate of exchange of currency |
|
|
|
43B |
|
Certain deductions to be only on actual payment |
|
|
|
43C |
|
Special provision for computation of cost of acquisition of certain assets |
|
|
|
43D |
|
Special provision in case of income of public financial institutions, public companies, etc. |
|
|
|
44 |
|
Insurance business |
|
|
|
44A |
|
Special provision for deduction in case of trade, professional or similar association |
|
|
|
44AA |
|
Maintenance of accounts by certain persons carrying on profession or business |
|
|
|
44AB |
|
Audit of accounts of certain persons carrying on business or profession |
|
|
|
44AD |
|
Special provision for computing profits and gains of business of civil construction, etc. |
|
|
|
44AE |
|
Special provision for computing profits and gains of business of plying, hiring or leasing goods carriages |
|
|
|
44AF |
|
Special provisions for computing profits and gains of retail business |
|
|
|
44B |
|
Special provision for computing profits and gains of shipping business in the case of non-residents |
|
|
|
44BB |
|
Special provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils |
|
|
|
44BBA |
|
Special provision for computing profits and gains of the business of operation of aircraft in the case of non-residents |
|
|
|
44BBB |
|
Special provision for computing profits and gains of foreign companies engaged in the business of civil construction, etc., in certain turnkey power projects |
|
|
|
44C |
|
Deduction of head office expenditure in the case of non-residents |
|
|
|
44D |
|
Special provisions for computing income by way of royalties, etc., in the case of foreign companies |
|
|
|
44DA |
|
Special provision for computing income by way of royalties, etc., in the case of non-resident |
|
|
|
44DB |
|
Special provision for computing deductions in the case of business reorganization of co-operative banks |
|
|
|