AddHiongl Mecn inq t- The De inddon tusth tr

Stotles that th f em alsototudes the

ollowinQ Pessons :
(a) Ev-s PersSOn in fs PPctOFrWhom an
P o(eeding Undes hP AC has bt tn raeen
sHOv th Sse sShnent o
) his iniom og thfincOmê ot any Ofe
D pab pevsonin resPeCt ot WbOm hr is Gse
Ssablr Ov
p:29 ThnfolossSustainPd b him O SUCh
0ther PSSORS, O
b bipl 27)07 3o Dbro)5
(Crani3) The Re fund dUe ro him Ors SOch Oc
9s On 07
rploori Npoore Sd2ioinbA
CSro4 4ringp Benefilsaboos oro
(b) Futs Pesson Whois deemed 0 be dn asséser
Undt the ACEq a ePresto tive assessee
atsuste e e tc) 2902

(O fvesq Pesson who is deemed to be an

aSS
h eessee
Act E CSfault
in de Ondey anyails
emplotwho Provision of
to deOF
duUc

qx out SoUP AsOm th Ccldries Paid to

PmPloyers)
 OSS
o sgs Page No.

BRDate:
ASS essment (s 2 (8))
pohivboi n 1 i 2903
gection 2 (8) f he in(Omr tot Att de ines this
4eTm aStoll0wsL6 CSSesSmPn ntUldPsrass
-essment 2an2oibro
Meanin9 2 Lol
This is qn intolsivedetinitons Whith Andi
- (CUtfs ho th? tesm gssessmPnt in (u des
edss Pssment, in adedtion to the hoomalmeqDinq
Nosmally On CSSeSmPht mfQn Sth Prs0 (ess of
dPtPrminin 9 and ComPotipq hf Qm0unt0t ingom
and th tax due of a Person hetomPutahion
otin(Omf andtax is to be done in ctcordan (t
with thr rovis ions oThe in(OmP tax ACt
AsSess mPot yPcd
SP tHon 2()ofht Act dpin? s ancrssesSiment
YPqY? as he PPriod O twelee mbribs (ommnting
on the kst Day bt APPipoPa

PsPuious Nea
SRction 3 0f the c t detin?s Psevious PO
0s follows Fors he PUTPOSe o this Att
PsPuious mPan sS the ingntiauYPar immdidry
PeCP dinqdhOs StsSeneot ypom
PesSon
Pe's Son intUldes ti an individual ) a Hindu
Undivi ded family itCu Cu(OmPan u) oHm
an asSOc HonOPeson
ani a bock 0 indixidia
O
whe the in (ov POraltd or not N) a 10ccu authe
Cnd vii) Puor( OstR Rra T0stdicatt peasonnot
fallinlin q witbin an 0 the Pre(edin q sob (lauses
fal
EXPlanatton 928p
pThe InOtme easoe d by pVPs PTsODis tdxe
A ** PersSon22s (lassified into diffeseot
SOCk as Cn individuJ Odivmal (OmPOnyeR (okegomes
Eahcat qos i denotesthePqal ckat0S of o
PPSon sa
1 Tndividu) Tndivi 20012vor
doa mPans &oauval PersS0n
ie Unman beinq îndudes a male temale
39
ii Piodu Undiuided Famil A Hindu Undivided taml
(HUF) Lonsists o a Psons lioPally
descend
om O Hio du anceS tor (thildrfn and qnond
Childreo) anditheir NINPS ahd uDm@ ed
davah te3S209rg allo
2009
)ACOmPOn A COmPanyS a 0able Rnkt
Proson istint rom its Shaseholdr s. SPtons
2CTD o the Rt dpfints G8 (OmPony
 ol es Page No.
(Date:

v)Pism: A Fism is oa taxablr enhy distin (t

Fsom its PammPrS dano
VAssocidtion ot Person (AoP) ', Ab asso clalion of
Pesons (A6P)mfQns Qn dSS Ociahon in Whitb
tWo o mo'se peson join In foY a (Ommon
PUsPOse 0 a (OmmOn achon for Parnin qin (Omf
An AOP (Qn hYE Cn Pess On ie n Inditidoal
An
,a im a Hof a (onmpan et OS a mem ber.

V) Body of Individoal (eoD:-A Body O Individo

means a ttqm of Indhvidua (C ioy On SOme
CLckiity i t hhe Obirct 0f POTninqtn (Omf.
An a8SOdation Of Pe vson may oist 6f
hn nGn
individual bOta bod oF ipdividUab(ooSist o
Onl G6 Inditidvals 9 OT buman btings dnd (CDhtt
hOLVP any Othts PpsSOnPq qtiam QHuf) as a
mPmbp 2 20

yiD Loral Authoxi k loa Authoritq mPansa z a

mundPalit a disritt Board,o Past Post
COmissiOne 0r an Dhe authovik 1Pgall
PnhHed
PohledON manaOR amunitiPok ors aloc
Ond
obal
vit A hial Juvidical Pevson:-Any eohkyhaving
O sePaatr eqd pxisttnte not COVePd Undt
Qny ot theabovc (ae-sqories falls undp
tktgoru
his tCktgory e
-PoYaton
a Dety, a
shublish
dol, a (Or
Unde a s Prial
At CQ Bar (ooncil e
 lvsahon
Srv1loowpi
Kel iqn (e lndus 1td10 Nasenra Mok, Pmo
Ans)COmPan Tndia
do 2)Ponjab NatonalA)eoer97 Ans)Individual
0Ans)s)COmfgny Baot 0
0323 Avllaqe Pan cha (at
o iip oeundAns 0 ( Au thovi k
l a dras Univesi k o n o
Abs)Aritifia Jusdicial Pesson
CalcuH MupiciPal (osPo-soHonba o ho9 6
Ans) LocuAuthoi tt. n 10oD
2009
Lolarb9 3d
S)A Pashnes Ship tiym uith A,B,o
ha220
Ans) tm odouktui
CC2luhibal
a02s9
A Brabmin Fami Consistinq
ofM A bis Brothees B,MsA
Ans) HuF
1 Kotlyoini Poblishers Ltd p09au
Ans (OmPan 0
RPStxe Bank of Inda
Ans Acititiccul JUvidical Peison
4 etOSurance (ooPeakon
tindio
AnsAHicat JUrcidial Peson
 (Page No.
sea)
RDate
DCOme
As
As per Stchion 2(24) o h Acthe
nlOme ncludes
rolit and gains na
2 dliuidends
9 Volun omy Con oibOhions PR(VPd bu
la) 0 Cho atablrs tligio0s röst or insHtyton,bv
0 Pecitiable insHtotiön C ScienHic reseqrck
0ssOcidfion cSPoss dgsOciaion 0 Doied
(hoiaable or PublecinelatoosbsUstOs On
Oni ceesiftp ox Other Pdurtona insiltution O
ChOspiFal Ox a electos@ trust)PxcePt
COnibo Heo sPectkellu Ne(piVPed ONaTds dhe
COPUs (tapital)
4Pexquisits:axdblr Ondehe heeds coalasies
Under S1T (2) eqrnt ee OLLOmm 0 daton)Or
Psofits in lieu of Saloty taable as olartes
Unds ST(3 Pa iktnchmPnt COmnsoHin)
5 SPeda allowao Or bent H 8Pe cikicall qngnted
O an emPlouee to mRe exienses fotht
PPfoinmont o his dohes Eptts ainmthtallour

clloJdn(r to an pnploger to mPet his PerSon

xPRosPSS et ohice s O(Om Pensqfe him tov
hetn(Te ased (Ost Ot Vinq(.q Deg rheS3 Allouo
 Page No.
ara)
Basic ConcePts Cs.l-) RDate

Totsoducfion Covexomotcanaise tunds nttdrd

AO cieelopment and delense ot dht conny bu
(ollecinqayps Such as Jn (Ome Tax, Pxtst duk
T o m the citHzens. As he TPUPnUe ollectd
Acomm(ometay helPs Ahe develofmtnt oE the
Coony , it is said that G t o (om Tay i s the

itpOnt pays
pays Àos CiNili eation. Uode he (onSitn
of india the (epkal Groct kas the right
(ollect intomt tqN the lqw qoueninq SÜch tollPchbn
intOme Taxis

SPedfied in thentomeTax Act,19 61 (táe AC

mplemtn ted Ccodin q O-he roles lqid down in

Abe n (OmetQax olës 1962 ( the eoles )
Adminish?d hToUgh he (icolas issurd by tht
CPnhal Bood 0 Dstt Tayes (CBDT

intePse ltdb the Judgtmtnt 0f the SuPrmr

(OUrt and Hih (OUYt uhith SetHle tht leaal
disup ts brtuern Tht 610NPT nmtot Qhd tttFays

Assessec
2G) 06 he Act,an
bastc Mpaning: AS PPSPChon
PSonDy Whom aoy kax Ox
meCnsaPP

ASSPSS ee monty SPayable unde n

On 0th& Sum 0
isDliablè to Pa tax as Wel as
ACE A peaso Faueot 0 fQx Or pênalts (fox
ottrest (lox lat