Charge of Income-tax

CHAPTER II

BASIS OF CHARGE

1. (1) Where any Central Act enacts that income-tax shall be charged for any tax year at any rate or rates, income-tax for such tax year shall be charged at that rate or those rates in accordance with and subject to the provisions of this Act.
2. (2) The charge of income-tax under sub-section (1) shall be on the total income of the tax year of every person as per the provisions of this Act.
3. (3) Income-tax shall also include any additional income-tax, by whatever name called, levied under this Act.
4. (4) If this Act provides that income-tax is to be charged in respect of income of a period other than the tax year, it shall be charged accordingly.
5. (5) For the income chargeable under this section, income-tax shall be deducted or collected at source or paid in advance as provided under this Act.