Section - 167A (of Income Tax Act, 1961), Charge of tax in the case of a firm

Section - 167A (of Income Tax Act, 1961), Charge of tax in the case of a firm

Income Tax

Charge of tax in the case of a firm.

In the case of a firm which is assessable as a firm, tax shall be charged on its total income at the rate as specified in the Finance Act of the relevant year.