An Explanation of the Income Tax Act As India's economy and society develop, the Act's role in generating tax revenues for nation-building while maintaining an open and equal taxation system will be increasingly important. It is advisable to speak with corporate lawyer in India or banking lawyers for additional in-depth information concerning the income tax statute. More Information: https://www.vidhikarya.com/legal-blog/income-tax-act-explained #whatiscurrentIncomeTaxAct #whatisthesummaryofIncomeTaxAct #incometaxact #whatisthebasicconceptofIncomeTaxAct #Kolkata