Lecture basic features of income tax background/History Income Tax Act of 1922


Sr Classes of Tax Payers Accounting Period



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Sr Classes of Tax Payers Accounting Period
A Mr. Aslam, a rice exporter (i)1st Jan 08 to 31st Dec 08 (ii)1st Jan 07 to 31st Dec 07 (iii)1st Jan 06 to 31st Dec 06
B Mr. Kamal, a manufacturer (i)1st April 08 to 31st

Mar 09 of shawls. (ii)1st April 07 to 31st Mar 08 (iii)1st April 06 to 31st Mar 07 (iv)1st April 05 to 31st Mar 06




  1. M/S XYZ, a company manufacturing sugar.




  1. M/S ABC, Insurance Company.

(i)1st Oct 07 to 30th Sep 08 (ii)1st Oct 06 to 30th Sep 07 (iii)1st Oct 05 to 30th Sep 06


(i)1st Jan 08 to 31st Dec 08 (ii)1st Jan 07 to 31st Dec 07 (iii)1st Jan 06 to 31st Dec 06 (iv)1st Jan 05 to 31st Dec 05




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