section 198
Tax deductedis income received.
The Income Tax Act 1961Tax1961681 sections21 chapters
Chapter XVII COLLECTION AND RECOVERY OF TAX A.—General
Statutory text
All sums deducted in accordance with 9[the foregoing provisions of this Chapter] shall, for the purpose of computing the income of an assessee, be deemed to be income received:
10[Provided that the sum being the tax paid, under sub-section (1A) of section 192 for the purpose of computing the income of an assessee, shall not be deemed to be income received.]
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