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Section 318 — Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose: its source in the Income-tax Act, 1961
Section 318 (Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose) of the Income-tax Act, 2025 corresponds to Section 174A (Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose) of the Income-tax Act, 1961 as per the official CBDT correspondence.
source provisions · income-tax act, 1961
- Section 174A — Assessment of association of persons or body of individuals or artificial juridical person formed for a particular event or purpose
read both texts · §174A (1961) vs §318 (2025)
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Source: the CBDT’s official 1961↔2025 correspondence table (incometaxindia.gov.in), captured 2026-07-21. This is a research aid — verify against the official CBDT utility ↗ before professional reliance.
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