Acts

324. Charge of tax in case of a firm

CHAPTER XVII

SPECIAL PROVISIONS RELATING TO CERTAIN PERSONS

Charge of tax in case of a firm

324. In the case of a firm which is assessable as a firm, tax shall be charged on its total income at the rate as specified in any Central Act for relevant tax year.

Reference copy from the firm’s resource library, saved on 26 October 2026. Laws, rates and notifications change — for the current position on your matter, please talk to us. Back to the Knowledge Bank.