Home > Income Tax Act 2025 > Section-18Last Updated: Feb 20th 2025
Section-18 seeks to define different payments in the nature of profits in lieu of salary" and also seeks to specify the payments that are not to be regarded as "profits in lieu of salary". Learn to understand the section-18 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.