Section 4:
Charge of income-tax.
(1) Where any Central Act enacts that income-tax shall be charged for
any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that
year in accordance with, and 1
subject to the provisions (including provisions for the levy of additional
income-tax) of, this Act in respect of the total income of the previous year 2
***of every person:
Provided that where by virtue of any provision of this Act income-tax is to be charged in respect of
the income of a period other than the previous year, income-tax shall be charged accordingly.
(2) In respect of income chargeable under sub-section (1), income-tax shall be deducted at the
source or paid in advance, where it is so deductible or payable under any provision of this Act.
Notes:
1. Subs. by Act 4 of 1988, s. 5, for “subject to the provisions of this Act” (w.e.f. 1-4-1989).
2. The words “or previous years, as the case may be” omitted by s. 5, ibid. (w.e.f. 1-4-1989).