India - Income Tax Act 2010 - Saarc

I.T. ACT, 1961 1.1106- tax on Section 115BB- winnings from, chargeable as income Section 2(24)(ix)- winnings from, chargeable as ‘income from other sources’ Section 56(2)(ib)Machinery- block of assets Section 2(11)- depreciation on Section 32Manager- definition of Section 2(20)Managing agent- definition of Section 2(20)Manufacture- definition of Section 2(29BA)Manufacturing right- cost of acquisition of Section 55(2)(a)Manuscripts- transfer of, transactions not regarded as ‘transfer’ Section 47(ix)Marine Products Export Development Authority- income of, exemption to Section 10(29A)(e)Maximum marginal rate- definition of Section 2(29C)Medical benefits- perquisites Section 17(2), provisoMedical insurance premium- deduction in respect of Section 80D- deduction in respect of, qua employees Section 36(1)(ib)Medical Treatment- of handicapped dependent, deduction in respect of Section 80DD- of specified disease Section 80DDBMethod of accounting Sections 145, 145AMilk Cooperative- insurance premium, deduction of Section 36(1)(ia)Mineral oil, business for prospecting/exploration, etc. of- deduction in case of Section 42- power to make exemption, etc., in relation to participation in business of prospecting for Section293A- profits and gains of, in case of non-resident Section 44BB- production of, deduction in respect of Section 80-IB(9)Minerals- expenditure on prospecting etc. Section 35E, Sch. VII- processed minerals/ores Sch. XIIMinimum alternate tax Sections 115JA, 115JAA, 115JBMinor child- clubbing of income Section 64(1A)- income of, clubbed u/s 64(1A), exemption to Section 10(32)Mining/quarrying- collection of tax at source Section 206CMinority community- definition of Section 10(26BB), Expln.- income of corporation established for promoting interests of, exemption to Section 10(26BB)- see also ‘Deductions’