a plan is how your going to do somthing and an act is doing it
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Purpose: It defines the objective of the project.Scope: It is the way or the plan to get there.
The income tax act focuses its concern on total income and the income tax rule focuses on which types of income are taxable. That is the biggest difference between the two.
an audit program may contain several audit plans
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
Allowance are being mentioned in section 10 wheras perquisites in section 17(2) of Income Tax Act, 1961.