Income-tax Act, 1961 · Chapter XV: Liability in Special Cases · DD.—Firms, association of persons and body of individuals
Section 167A: Charge of tax in the case of a firm
The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026. The text is kept here because the judgments below apply it.
In the case of a firm which is assessable as a firm, tax shall be charged on its total income at the [rate as specified in the Finance Act of the relevant year].]
Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 167A
No Supreme Court judgment in our database cites this section yet.