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1961Section 167A

167A. Charge of tax in the case of a firm.

In the 2025 Act1 match · Unreviewed

From the Income Tax Department's correspondence.

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.

Income-tax Act, 1961: text as on 22 May 2026 · Official source ↗ ·