Login  |  Register  |  Forgot Password 
Below Login Ad
All Queries |  Resolved Queries |  Today Queries |  Become an expert Ask Query

Please Help: Income Tax

Posted Date : 30-Nov-2011 , 03:25:30 pm | Posted By: Gautam Bansal

Category : Income Tax | Answers : 4| Comments : 2| Hits: 515

What is the difference between Section, Sub Section, Clause Subclause etc. How would you say 55 (2) (b) (iii)

Answers:
   Answer by: Ashish Karundia
Dear Gautam, Sub Section, Clause and Subclause can be read as part, sub part and sub sub part of the main section. In other words the sub clause has to be given the meaning in light of clause and likewise. Further, we will read 55 (2) (b) (iii) as sub clause (iii) of clause (b) of sub section (2) of section 55. Hope teh above suffice.
   Answer by: PRIYANKA
Right, as said by Mr. ashish, It is the main section that gives meaning to is subsection, clause and sub clause. Usually this break up becomes necessary when the coverage of a particular section is so wide, containing so many interrelated things that everything cannot be explained in just one para or one section itself. So the section is broke up into subsection and subsection into clause and further clause into sub clause, to give a better explaination of each and everything covered by a particular section. So moving up the hierarchy, sub clause is read in the light of clause, clause in the light of sub section and sub section in the light of Section.
   Answer by: PRIYANKA
Right, as said by Mr. ashish, It is the main section that gives meaning to is subsection, clause and sub clause. Usually this break up becomes necessary when the coverage of a particular section is so wide, containing so many interrelated things that everything cannot be explained in just one para or one section itself. So the section is broke up into subsection and subsection into clause and further clause into sub clause, to give a better explaination of each and everything covered by a particular section. So moving up the hierarchy, sub clause is read in the light of clause, clause in the light of sub section and sub section in the light of Section.
   Answer by: Rambabu Senkarasetti
It just indication of section
Comments
Posted By : PRIYANKA 02-Dec-2011, 11:44:10
Excellent answer by Mr. ashish.
 
Posted By : Anup 01-Dec-2011, 02:42:36
gud answer
 

Search By Categories

More Categories

Hall of Fame for Queries

Name Pic Queries Rank
Rambabu Senkarasetti 569 17
 
Vaneet Gupta 560 12
 
CA Satuti Mahajan 360 27
 
Ashish Karundia 317 13
 
Rishabh Upadhyay 300 23
 

Search Question:

 
 
www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Videos

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Refund Policy

 |   Contact us
 |   Blog

  |   Sitemap

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon
Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.