Laws / Income Tax Law / FIFTH SCHEDULE
FIFTH SCHEDULE - PART A - COMPUTATION OF THE PROFITS OR GAINS FROM THE EXPLORATION AND PRODUCTION OF PETROLEUM AND THE DETERMINATION OF THE TAX THEREON
THE FIFTH SCHEDULE
PART A
COMPUTATION OF THE PROFITS OR GAINS FROM THE EXPLORATION AND PRODUCTION OF PETROLEUM AND THE DETERMINATION OF THE TAX THEREON
[See section 28 (2)(b)]
1. Profits from exploration and production of petroleum to be computed separately.— Where any person carries on or is deemed unde...
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