Income Tax Rules, 2002

CHAPTER-II

DETERMINATION OF INCOME HEADS OF INCOME PART IV COMPUTATION AND COLLECTION OF TAX UNDER SECTIONS 7C AND 7D

From: 2023-11-01 - To: 0000-00-00 1[13T. Mode and manner for payment and collection of tax from builders.- Every builder after obtaining approval of a building plan or of a revised building plan from the authority and NOC to sell, shall furnish on line a copy of building plan and evidence of partial payment of five percent tax to the Chief Commissioner along with computation of final tax liability on the basis of covered area as per rates provided in Division VIIIA of…