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

Chapter XV · Liability in Special Cases

167ACharge of tax in the case of a firm.

Section 167A · Chapter XV · DD.—Firms, association of persons and body of individuals · page 678 of the Act

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.

Section 167A of The Income-tax Act, 1961 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.