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Reading a Provision

Source: Clackr sample text

Read a tax provision slowly. Find the charging words first, then the conditions, then the exceptions and the provisos. Most mistakes come from stopping at the main rule and missing the sentence that begins with the word provided.

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Typing details

  • 38 words, 229 characters
  • No figures
  • About 1 minute at 40 WPM

About Taxation

Income-tax basics, starting with how to read a provision and how residential status is decided under Section 6 of the Income-tax Act, 1961. Rates and rules change, so check the current law before relying on a detail.

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