TXF Solution

  Introduction   Tax is very complex no one can understands it's fully. in 1922 tax was introduced. The 'income tax Act 1922' gave the first system to calculate  income tax on excess limit of income. It has own law which in 23 chapters and 298 sections as per official website of income tax in  which 80c is the most popular section. no one can remember all the sections of tax law because each sections have different tax law.   As per Income Tax Act 1922 It is mandatory for any accountant or any CA to follow the tax law for filling of income tax. Tax is mandatory in all countries because income tax is revenue source for the government which is  generate maximum social benefits for public. Meaning: The word 'tax' is given from the word   'taxation'. tax is the source of revenue for the government which give social benefits to the public by collecting money from the people in form of tax. It is not mandatory for all people to pay tax to the government...