Home > Income Tax Act 2025 > Section-320Last Updated: Mar 06th 2025
Section-320 seeks to provide for accelerated assessment in cases of discontinuance of business or profession in any year. Learn to understand the section-320 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.