Interest Tax Act

Section No	Section Heading
1	Short title and extent
2	Definitions
3	Tax authorities
4	Charge of tax
5	Scope of chargeable interest
6	Computation of chargeable interest
7	Return of chargeable interest
8	Assessment
9	Self-assessment
10	Interest escaping assessment
10A	Time limit for completion of assessments and reassessments
11	Advance payment of interest-tax
12	Interest for default in furnishing return of chargeable interest
12A	Interest for default in payment of interest-tax in advance
12B	Interest for deferment of interest-tax payable in advance
13	Penalty for concealment of chargeable interest
14	Opportunity of being heard
15	Appeals to the Commissioner Appeals
15A	Transfer of certain pending appeals
16	Appeals to Appellate Tribunal
17	Rectification of mistakes
18	Interest-tax deductible in computing total income under the Income-tax Act
19	Revision of order prejudicial to revenue
20	Revision of orders by Commissioner
21	Application of provisions of Income-tax Act
22	Income-tax papers to be available for the purposes of this Act
23	Failure to comply with notices
24	False statements
25	Wilful attempt to evade tax, etc
26	Abetment of false returns, etc
26A	Offences by credit institutions
26B	Institution of proceedings and composition of offences
26C	Power of credit institutions to vary certain agreements
27	Power to make rules
28	Power to exempt
29	Power to remove difficulty
30	Consequential amendments
APPENDIX	CLARIFICATION ON APPLICABILITY OF INTEREST-TAX ACT TO HIRE PURCHASE TRANSACTIONS