General FAQs

Chapters / List

1. What is Income-tax?

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2. What is the administrative framework of Income-tax?

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3. What is the period for which a person’s income is taken into account for the purpose of Income-tax?

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4. Who is supposed to pay Income-tax?

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5. How does the Government collect Income-tax?

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6. What are the applicable tax rates?

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7. In the Challan there are terms like Income-tax on companies & Income-tax other than companies. What do they mean?

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8. How is advance tax calculated and paid?

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9. What is tax on regular assessment and how is it paid?

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10. What are the precautions that I should take while filling-up the tax payment challan?

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11. Do I need to insist on some proof of payment from the Banker to whom I have submitted the challan?

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12. How can I know that the Government has received the amount deposited by me as taxes in the bank?

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13. What should I do if my tax payment particulars are not found against my name in the website?

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14. Is my responsibility under the Income-tax Act over once taxes are paid?

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15. Who is an Assessing Officer?

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16. Income-tax is levied on the income of every person. As per Income-tax Law what constitutes income?

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17. What is exempt income and taxable income?

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18. What is revenue receipt and capital receipt?

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19. Are all receipts, i.e., capital and revenue receipts, charged to tax?

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20. I am an agriculturist. Is my income taxable?

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21. Under the Income-tax Law is income from animal husbandry considered as an agricultural income?

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22. Do I need to maintain any records or proof of earnings?

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23. As an agriculturist, am I required to maintain any proof of earnings and expenditures incurred?

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24. If I win a lottery or prize money in a competition, am I required to pay Income-tax on it?

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25. If my income is taxed in India as well as abroad, can I claim any sort of relief on account of double taxation?

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26. What does Profession mean?

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27. What books of account have been prescribed to be maintained by a person carrying on business/profession under the Income-tax Act?

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28. Where should the books of account of business be kept and for how long?

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29. My name is not updated as per Protean (formerly NSDL eGov) Website?

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30. How to check status of Aadhaar PAN linking?

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31. Please give me email of income tax ombudsman?

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