We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

IT Act definition

IT Act means the Income Tax Act, 1961;
IT Act means the Income-tax Act, 1961 and shall include any statutory modifications, re-enactments or amendments thereof for the time being in force.
IT Act means the (Indian) Income-tax Act, 1961, as may be amended or supplemented from time to time together (including any successor provisions or re- enactments thereof) with all applicable bye-laws, rules, regulations, circulars, guidelines, notifications, orders, ordinances, policies, directions and the like issued thereunder, as may be amended or modified from time to time.

Examples of IT Act in a sentence

  • The Acquirer shall be entitled to deduct and withhold from payment of Sale Consideration to be made pursuant to this Agreement as per section 194Q of the IT Act (“Tax Deducted at Source”).


More Definitions of IT Act

IT Act means Income Tax Act, 1961 and rules and regulations made there under and shall include any statutory modification, amendment or re-enactment thereof for the time being in force;
IT Act means the Income Tax Act, 1961 and the rules made there under and shall include any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force;
IT Act means the Income-tax Act, 1961, of India, including any statutory modifications, re-enactments, or amendments thereof for the time being in force;
IT Act means the Income-Tax Act, 1961 or any modifications or reenactments or amendments thereof from time to time;
IT Act means Income Tax Act, 1961;
IT Act means the (Indian) Income-tax Act, 1961 and Finance Acts (to the extent that such Finance Acts amend or relate to the taxes imposed under the Income-tax Act, 1961) passed in India each financial year including and up to Finance Act, 2021, together with all applicable by-laws, rules, regulations, orders, ordinances, directions, circulars, notifications, press releases and similar legal enactments, in each case issued under such Acts;
IT Act means the Income-tax Act, 1961 as may be amended or supplemented from time to time (and any successor provisions or law), including any statutory modifications or reenactments thereof together with all applicable by-laws, rules, regulations, orders, ordinances, directions including circulars and notifications and similar legal enactments, in each case issued under the Income-tax Act, 1961;