{"title":"Professional Books","description":"","products":[{"product_id":"students-guide-to-income-tax-including-gst-book-for-ca-cma-inter-cs-executive-b-com-m-com-mba-by-dr-vinod-k-singhania-dr-monica-singhania","title":"Students Guide to Income Tax including GST Book for CA\/CMA Inter, CS Executive, B.Com, M.Com \u0026 MBA by Dr Vinod K Singhania, Dr Monica Singhania.","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eStudents' Guide to Income Tax \u0026amp; GST\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a definitive, long-standing academic and examination-oriented textbook that presents Indian Income Tax and Goods \u0026amp; Services Tax (GST) as structured, computation-centric subjects requiring methodical study, sustained practice, and analytical application. The book represents decades of continuous evolution in line with changes in tax legislation, examination patterns, and pedagogical expectations of universities and professional bodies. The central objective of this work is to bridge the persistent gap between statutory theory and numerical application. Taxation, unlike many other commerce subjects, cannot be mastered through reading alone; it demands step-by-step understanding, repeated computation, and clarity on how legal provisions translate into examinable problems. Recognising this, the authors have deliberately avoided a section-by-section paraphrasing of the law. Instead, every provision is explained analytically, illustrated with original, carefully designed problems, and reinforced through structured repetition. The book adopts a 'teach yourself' learning philosophy, enabling students to progress independently from basic concepts to advanced problem-solving. Complex provisions are broken down into logical components, computations are explained sequentially, and recurring exam-tested areas are repeatedly reinforced. Each topic concludes with a point-wise recapitulation, ensuring consolidation of learning.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for a broad but clearly defined academic and professional audience that requires both conceptual understanding and computational proficiency, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eB.Com. and BBA Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003estudying Income-tax and GST as compulsory or elective subjects, who need a single, comprehensive textbook that explains concepts clearly and supports problem-based learning\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCA Intermediate Students\u003c\/em\u003e\u003c\/strong\u003e, for whom accurate computation, structured answers, and familiarity with exam-style questions are critical for success\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCS Executive Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring clarity on statutory interpretation, supported by practical illustrations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCMA Intermediate Students\u003c\/em\u003e\u003c\/strong\u003e, where emphasis on numerical accuracy and application is particularly high\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eUndergraduate Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewith a meritorious or professional orientation, aiming to build strong foundations for higher studies or professional courses\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTeachers and Faculty Members\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking a systematically organised, illustration-rich reference text for classroom instruction and assignment design\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 74\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026-27, amended upto 1\u003csup\u003est\u003c\/sup\u003e January 2026. This book is authored by Dr Vinod K. Singhania \u0026amp; Dr Monica Singhania, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLaw Fully Updated up to 1\u003csup\u003est\u003c\/sup\u003e January 2026\u003c\/strong\u003e] Incorporates all statutory amendments, notifications, rate changes, and procedural developments under the Income-tax Act and GST law as notified up to 1st January 2026, ensuring complete contemporaneity for academic and professional use\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAssessment Year 2026–27 Oriented Income-tax Computations\u003c\/strong\u003e] All Income-tax illustrations, numerical problems, and tax liability computations are solved strictly in accordance with the law applicable for Assessment Year 2026–27, reflecting the exact framework tested in examinations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual-Subject Integrated Coverage – Income-tax \u0026amp; GST\u003c\/strong\u003e] Presents both Income-tax and Goods \u0026amp; Services Tax in a single, integrated volume, allowing students to develop parallel competence in direct and indirect taxation without the need to consult multiple texts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTeach-yourself Pedagogical Design\u003c\/strong\u003e] Structured on a self-learning methodology where each topic is introduced conceptually, explained analytically, and then reinforced through graded illustrations and problems, enabling independent and systematic study\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eParagraph-wise Analytical Exposition\u003c\/strong\u003e] Every topic is divided into distinctly numbered paragraphs, each beginning with a clear analytical discussion of the provision, facilitating precision reading, selective revision, and easy classroom referencing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Original Problem Bank – 500+ Solved Problems\u003c\/strong\u003e] Contains more than 500 carefully designed, original problems covering conceptual, computational, and procedural aspects, enabling students to develop application skills across varying difficulty levels\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStep-by-Step Computational Methodology\u003c\/strong\u003e] All numerical illustrations follow a structured, examiner-oriented computation format, training students in logical sequencing, working-note preparation, and presentation of answers as expected in examinations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003cstrong\u003eProfessional Examination Focus Marking (\u003c\/strong\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e➠\u003c\/span\u003e\u003cspan\u003e Symbol)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Paragraphs, problems, and exercises marked with the \u003c\/span\u003e\u003cspan\u003e➠\u003c\/span\u003e\u003cspan\u003e symbol identify content of primary relevance for CA, CS, and CMA examinations, enabling focused preparation without overloading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCA (Intermediate) Examination Questions – Last 5 Years Fully Solved\u003c\/strong\u003e] Includes a dedicated compilation of all theory and practical questions asked in CA (Intermediate\/IPCC) examinations over the last five years, with answers updated to the current law and assessment year\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBalanced Coverage of Theory, Computation, and Procedure\u003c\/strong\u003e] Goes beyond charging provisions and heads of income to cover procedural and compliance-oriented areas such as TDS applicability, return filing, assessment mechanisms, GST registration, returns, audit, and interest provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGST Operational Depth with Rate Annexures\u003c\/strong\u003e] GST coverage extends from conceptual levy to operational compliance, supported by annexures summarising GST rates for goods and services, serving as a quick-reference and revision aid\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExam-aligned Illustration Style\u003c\/strong\u003e] Illustrations are framed to mirror examination patterns, including mixed theory-cum-practical questions, ensuring familiarity with examiner expectations and answer construction techniques\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePoint-wise Recapitulation for Rapid Revision\u003c\/strong\u003e] Major topics conclude with structured, point-wise summaries that consolidate learning and assist in last-stage revision before examinations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSuitable for Undergraduate and Professional Courses\u003c\/strong\u003e] While primarily designed for CA, CS, and CMA students, the depth and clarity of explanation make the book equally suitable for B.Com. and BBA students with academic or professional aspirations.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUnit 1 | Income-tax \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– The Income-tax unit provides a complete, computation-oriented treatment of the Income-tax Act, structured to build confidence in solving exam-level problems. Coverage includes:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eFundamental concepts, definitions, and charging provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eResidential status and scope of total income\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eDetailed, head-wise coverage of income, including:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eIncome from Salary (including perquisites and allowances)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncome from House Property\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProfits and Gains of Business or Profession (including presumptive taxation)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCapital Gains\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncome from Other Sources\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDeductions, exemptions, rebates, and reliefs explained with computational clarity\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSet-off and carry forward of losses with integrated problem sets\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step computation of gross total income, total income, and tax liability\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProcedural topics such as TDS applicability, return filing, and assessment mechanisms\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFully solved CA (Intermediate) examination questions, mapped to current law and assessment year\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUnit 2 | Goods \u0026amp; Services Tax (GST)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The GST unit treats GST as a functional tax system, focusing on how provisions operate in practical exam scenarios. Coverage includes:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eConstitutional background and structure of GST\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLevy and collection under CGST, SGST, IGST, and UTGST\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSupply of goods and services, including exemptions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTime of supply and place of supply provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eValuation of taxable supply\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInput Tax Credit mechanism, including blocked credits and restrictions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eComposition and alternative composition schemes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRegistration requirements, returns, payment of tax, interest, audit, and compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAnnexures summarising GST rates for goods and services, serving as quick-reference revision tools\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan\u003eFollows a multi-layered pedagogical structure:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eConceptual explanation in simple language\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAnalytical breakdown of statutory provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStep-wise computational illustrations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExtensive original problem sets\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePoint-wise recapitulation for reinforcement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEach topic is divided into distinctly numbered paragraphs, enabling selective study and efficient revision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e'Problems on …' sections ensure immediate application of concepts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePeriodic 'Test Your Knowledge' checkpoints consolidate learning\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA separate exam-question compilation section transitions students from topic-wise learning to full exam readiness\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGST annexures provide a fast-recall layer during revision and time-bound practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c!----\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40651637719121,"sku":"9789375617303","price":1317.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1768307668633_1_9789375617303_Detail-Page-1200x1700_1.jpg?v=1768471772"},{"product_id":"principles-of-benami-law-book-by-g-c-das","title":"Principles of Benami Law book by G.C. Das","description":"\u003cp\u003eThis book is a comprehensive treatise on Benami Law comprising the following:\u003c\/p\u003e\n\n\u003cp\u003eDetailed Analysis of Various Facets of Benami Law\n\u003cbr\u003eInterplay with Provisions of Various Related Enactments\n\u003cbr\u003eRules of Evidence and its Applicability to Benami Transactions\n\u003cbr\u003eIssue of Retrospectivity and Perspectivity in the Operation of Law\n\u003cbr\u003eThis book will be helpful for tax administrations and tax professionals.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the Latest 2023 Edition and has been amended by the Finance Act 2023. This book is authored by G.C. Das, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Explanation to the Minutest Details], which includes the following:\n\u003cbr\u003eProcedure for Initiation of Benami Proceeding\n\u003cbr\u003eProvisional Attachment\n\u003cbr\u003eIssue of Summons and Impounding of Documents, etc., which are foundational requirements. This is an important feature of this book because if the foundational requirements fail, all subsequent proceedings may be void\n\u003cbr\u003e[Thorough Insights] on the following:\n\u003cbr\u003eLaw on Benami Transactions\n\u003cbr\u003eInterpretation\n\u003cbr\u003eApplication in Various Practical Situations\n\u003cbr\u003e[Illustrations] are included in this book to bring out various facets of benami transactions\n\u003cbr\u003e[Detailed Overview of the Prohibition of Benami Property Transactions Act] that explains the provisions of the Act, including the penalties and prosecution for those entering into benami transactions\n\u003cbr\u003e[Comprehensive Explanation on the Operation of Benami Law] which is achieved by including discussions on the import of various substantive and procedural aspects of Benami Law and other Allied Laws\n\u003cbr\u003e[Frequently Asked Questions] are included at the end of the book to have a fair view of the law, at a glance, about the critical aspects relating to the Benami transaction\n\u003cbr\u003eThe detailed contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eEvolution of the Concept of Benami Transactions in India – An Overview\n\u003cbr\u003eConcept of 'Benami' – Principles Evolved in Some Landmark Judgements\n\u003cbr\u003eSham Transactions and its Characteristics – Changes Effected in Prohibition of Benami Property Transaction Act 1988\n\u003cbr\u003eComparative Table of Various Provisions of the Principal Act 1988 and the Prohibition of Benami Property Transaction Act 1988 – At a Glance\n\u003cbr\u003eDefinition of ‘Property’ and its Scope [Section 2(c) of the Principal Act 1988 and Section 2(26) of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eBenami Property [Section 2(8) of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003e‘Benami Transactions’ – Its Scope [Section 2(a) of the Principal Act 1988 and Section 2(9) of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eExceptions to Operation of Section 2(9)(A) of the Prohibition of Benami Property Transaction Act 1988 Defining 'Benami Transactions'\n\u003cbr\u003eExclusive Categories of Benami Transactions Stipulated in Clause (b), Clause (c) and Clause (d) to Section 2(9) of the Prohibition of Benami Property Transaction Act 1988\n\u003cbr\u003eBenamidar (Ostensible Owner) vs Beneficial Owner (Real Owner) [Section 2(10) and 2(12) of the Prohibition of Benami Property Transaction Act 1988\n\u003cbr\u003e'Transfer' under the Prohibition of Benami Property Transaction Act 1988 \u0026amp; other Allied Concepts [Section 2(29) \u0026amp; Section 57 of the Prohibition of Benami Property Transaction Act 1988\n\u003cbr\u003eConsequences of entering into benami transactions – Aspects of defence [Section 3, Section 3 and Section 5 of the Principal Act, 1988 and Section 3, Section 4, Section 5 and Section 6 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003ePowers of Authorities to Conduct Enquiry [Sections 18, 19, 20, 21, 22, 23 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003ePower of Authorities [Issue of Summons under Section 19 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003ePower to Impound Documents [Section 22 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eIssue of Show Cause Notice (SCN) and Provisional Attachment [Section 24 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eProvisional Attachment [Section 24(3), 24(4) and 24(5) of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eAttachment, Adjudication and Confiscation [Sections 24, 26, 27, 28, 29, 30 to 48, 49, 50 to 52 \u0026amp; Section 66 of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eSpecial Court – Offence and Prosecution [Sections 50 to 55, 62, 64 and Section 2(16) of the Prohibition of Benami Property Transaction Act 1988]\n\u003cbr\u003eIssue and Service of Notice and Communication of Order [Sections 25 and 63 of the Prohibition of Benami Property Transaction Act 1988 \u0026amp; Order V of the Civil Procedure Code 1908]\n\u003cbr\u003eOperation of Benami Law \u0026amp; its Interplay with Income-tax Act 1961 [Sections 68, 69, 69A, 69B, 69C and 69D of the Income-tax Act – Sections 60 and 67 of the Prohibition of Benami Property Transaction Act 1988\n\u003cbr\u003eInterplay between Benami Law and other Enactments\n\u003cbr\u003eOperation of Benami Law [Retrospectivity and Prospectivity]\n\u003cbr\u003eBurden of Proof in Benami Transactions\n\u003cbr\u003eIntention and Benami Transaction\n\u003cbr\u003eBona Fide Transaction – Scope of\n\u003cbr\u003eFraud and Benami Transaction\n\u003cbr\u003eDoctrine of Substance over Form – Benami Law\n\u003cbr\u003eBenami Law and Rules of Evidence\n\u003cbr\u003eAction Points and Time Limts for various Actions under Prohibition of Benami Property Transaction Act 1988 – At a Glance\n\u003cbr\u003eFrequently Asked Questions (FAQs)\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803340222545,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357782722_L.jpg?v=1708587420"},{"product_id":"faqs-on-timely-payments-to-msme-an-interplay-between-sec-43b-h-of-the-income-tax-act-msmed-act-book-by-srinivasan-anand-g","title":"FAQs on Timely Payments to MSME – An Interplay between Sec. 43B(h) of the Income-tax Act \u0026 MSMED Act book by Srinivasan Anand G","description":"\u003cp\u003e\u003cspan\u003eThis book is a specialised guide explaining how the newly introduced provisions under Section 43B(h) of the Income-tax Act affect payments to Micro and Small Enterprises (MSEs). It also discusses how these provisions converge with the long-standing requirements of the MSME Development Act, 2006 (MSMED Act), particularly on timely settlement of dues and the consequences of non-compliance. It aims to provide in-depth clarity on every significant question and challenge that could arise while interpreting or applying Section 43B(h), especially from the buyer's perspective. It incorporates flowcharts, ready reckoners, illustrative case studies, and practical checklists.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Company Secretaries \u0026amp; Cost Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – For advising and auditing compliance with Section 43B(h) of the Income-tax Act, MSMED Act disclosures, and interest liabilities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Practitioners \u0026amp; Legal Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – For representing clients' cases and ensuring adherence to statutory obligations under both tax laws and MSME provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFinance \u0026amp; Accounting Teams, CFOs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – For internal policy framing, guiding timely settlement of invoices from MSE suppliers, and mitigating disallowances under Section 43B(h)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMSME Entrepreneurs \u0026amp; Business Owners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – To understand the legal protections afforded to MSEs and the new compliance obligations imposed on their customers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents \u0026amp; Academicians\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – For a comprehensive understanding of emerging topics in tax and MSME legislation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2025 Edition, authored by CA. Srinivasan Anand G. This book is amended upto 30\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e March 2025, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive FAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Clear, succinct answers to frequently asked questions, covering everything from the definition of micro and small enterprises to complex issues of delayed payments and interest calculation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFlowcharts \u0026amp; Visual Aids\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Easy-to-follow flowcharts outlining the compliance steps, especially highlighting the interplay between Section 43B(h) and the MSMED Act's provisions on payment timelines\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eReady Reckoner \u0026amp; Checklists\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eAn \u003c\/span\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ealphabetical ready reckoner\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e for quick reference to FAQs and crucial legal concepts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical checklists\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e for buyers to ensure foolproof compliance in dealing with MSE suppliers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDedicated checklists\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e for micro and small enterprises, enabling them to safeguard their rights under the MSMED Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIllustrative Audit Checklist\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Specially designed checklist for auditing trade creditors, ensuring that auditors can efficiently spot and report potential disallowances under Section 43B(h)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCase Studies \u0026amp; Practical Scenarios\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Examples illustrating the calculation of due dates, handling of delayed payments, and the interplay of interest liability under the MSMED Act and disallowance under Section 43B(h)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eUpdates on MSME Provisions\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Covers the latest definitions, clarifications, and notifications under the MSMED Act, including Udyam Registration norms, classification criteria (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003einvestment and turnover\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), and allied documentation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eTimely Topic\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The book addresses a pressing need in the tax and business landscape post-introduction of Section 43B(h), ensuring stakeholders are well-informed of the newer compliance obligations and potential pitfalls\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFocus on Practical Application\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Written in plain language with ample examples, the content is not only theoretically grounded but also highly practice-oriented\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAuthoritative \u0026amp; Trusted\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Authored by CA Srinivasan Anand G. and published by Taxmann, both known for their reliable and comprehensive coverage of tax and corporate laws\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eEssential for All Scales of Business\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Whether an entity is a leading corporation or a medium-sized firm, timely payment compliance to MSMEs is now integral to avoiding disallowances and preserving goodwill\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Landscape \u0026amp; Background\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eObjects and rationale behind Section 43B(h)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eHistorical approach to MSME payment timelines and how Section 43B(h) augments the MSMED Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eApplicability \u0026amp; Interpretation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eDetailed guidance on which buyers (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ecompanies, firms, charitable trusts, etc.\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) must comply with Section 43B(h)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eNuanced explanations on whether unregistered MSEs fall under the purview of these provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePayment Timelines \u0026amp; Disallowances\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStep-by-step walkthrough of payment due dates under Section 15 of the MSMED Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eThe chain of consequences when payments to MSE suppliers are delayed\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eHow to compute disallowances under Section 43B(h), and the circumstances for reversing these disallowances upon actual payment\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInterest Under Section 16 of the MSMED Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eClarification on interest liability triggered by late payments\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eIntersection with disallowances under Section 23 of the MSMED Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDisclosure Requirements \u0026amp; Audit Concerns\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eMandatory disclosure of amounts due to MSEs in the buyer's annual accounts under Section 22\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComprehensive coverage on reporting requirements in the Tax Audit Report (Form No. 3CD) with particular emphasis on Clause 22\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Ready Reckoners \u0026amp; Checklists\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAlphabetical reference for critical terms and concepts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eBuyer's checklist to ensure compliance and avoid potential penal interest or disallowances\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eChecklist for MSEs to leverage their legal safeguards\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Reference Materials\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eRelevant statutory provisions (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eexcerpts from the Income-tax Act and the MSMED Act\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eNotifications, circulars, and office memoranda related to MSME registration, classification, and benefits\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter-wise FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Organised by thematic sections, each chapter deals with a distinct aspect of Section 43B(h) or the MSMED Act—such as definitions, applicability, interest liabilities, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlphabetical Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A quick index to jump to specific topics or commonly encountered queries\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Insights Section\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A separate elaboration focusing on practical scenarios, methods to identify MSE suppliers via Udyam Certification, and the critical do's and don'ts in payment workflows\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChecklists \u0026amp; Flowcharts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Embedded within the chapters to guide readers through step-by-step compliance procedures and best practices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Consolidates statutory extracts, government notifications, and clarifications, making it a one-stop resource for legal reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803340255313,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1742806441152_1_9789364559584-_-Detail-Page.jpg?v=1742987566"},{"product_id":"yearly-tax-digest-referencer-book-by-taxmann","title":"Yearly Tax Digest \u0026 Referencer Book By Taxmann","description":"\u003cp\u003e\u003cspan\u003eTaxmann's Yearly Publication—\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eYearly Tax Digest \u0026amp; Referencer\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—is the definitive annual compendium. This authoritative resource presents professionally drafted, section-wise digests of all case laws reported on taxmann.com throughout the calendar year. Covering landmark decisions from the Supreme Court, High Courts, and the Income-tax Appellate Tribunal, the digest offers critical insights into judicial trends, legislative changes, and regulatory updates. In addition, it includes comprehensive summaries of circulars and notifications issued by the tax authorities, along with curated 'words and phrases' that have been judicially defined across various forums.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals \u0026amp; Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – An essential reference for CPAs, chartered accountants, and tax consultants who require up-to-date information on tax law changes and compliance requirements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Provides in-depth analysis of judicial decisions and legislative reforms, making it a critical tool for attorneys specialising in tax law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePolicy Makers \u0026amp; Regulators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – An authoritative guide for government officials and regulatory bodies seeking comprehensive insights into the current tax landscape\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Finance and Business Leaders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Valuable for business owners and financial executives who must consider the implications of tax policies in strategic planning and operational decision-making\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents \u0026amp; Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A well-structured resource for those studying taxation, public policy, or law, offering clear explanations of complex tax issues\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 54\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eVolume 1\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) \u0026amp; 30\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eVolume 2\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), edited by Adv. M.K. Pithisaria \u0026amp; CA. Abhishek Pithisaria. It incorporates all Case Laws, Circulars and Notifications for the year 2024. The key features of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eSection-wise Arrangement\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] All case law digests, along with circulars and notifications, are systematically organised by subject matter and legal issue, facilitating rapid reference and efficient navigation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive Judicial Analysis\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Each case is analysed to highlight:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAffirmed Cases\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eReversed\/Overruled Cases\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eApproved\/Disapproved Cases\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCases Involving SLP Dismissals\/Grants or Issuance of Notices by the Supreme Court\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDigest Drafted by Professionals\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Expertly crafted summaries offer a concise glimpse into the ratio decidendi of each case, ensuring clarity and practical relevance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDetailed Subject Index\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A robust index system allows users to locate specific cases or topics swiftly, enhancing the utility of the publication\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eInclusion of Judicially Defined Terms\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The book features a dedicated section on 'words and phrases' that have been judicially defined by the Supreme Court, High Courts, and Tribunals, providing essential context\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCoverage of Circulars \u0026amp; Notifications\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Comprehensive summaries of all circulars and notifications issued by the tax authorities are included\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cspan\u003eCase Law Digests\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAn exhaustive collection of judicial decisions impacting income tax, arranged in a clear, section-wise format. Each digest includes detailed commentary on the court's reasoning and the practical implications for tax practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cspan\u003eCirculars \u0026amp; Notifications\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSummaries and analyses of all relevant circulars and notifications issued during the year, offering insights into policy shifts and administrative changes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cspan\u003eJudicial Definitions\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA curated list of judicially defined 'words and phrases,' providing essential clarifications and interpretations that are critical to understanding complex tax matters\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDual-volume Format\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eVolume 1\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Focuses on Income-tax Judgments from the Supreme Court and High Courts reported during the year\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eVolume 2\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Concentrates on the Orders of the Income-tax Appellate Tribunal reported during the year\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThematic Organisation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each volume is divided into sections that align with specific legal themes and subject areas, enabling targeted research and quick access to pertinent information\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEnhanced Navigational Tools\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A comprehensive subject index, cross-references, and a glossary of key terms ensure that users can locate information quickly and efficiently\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803340288081,"sku":"9789375613749","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1769498993691_1_9789375613749_Detail-Page-_1.jpg?v=1770716738"},{"product_id":"law-practice-relating-to-uae-corporate-tax-book-by-nirav-shah","title":"Law \u0026 Practice Relating to UAE Corporate Tax book by Nirav Shah","description":"\u003cp\u003eThis book aims to analyse and elucidate the intricacies of tax laws and their practical applications strictly within the context of the United Arab Emirates (UAE). It addresses the challenges for tax practitioners in understanding the law and its applications. It does so by providing an article-wise commentary on the UAE Corporate Tax along with the following:\u003c\/p\u003e\n\n\u003cp\u003eRelevant Cabinet and Ministerial Decisions\n\u003cbr\u003eCase Studies\n\u003cbr\u003eIllustrations\n\u003cbr\u003eFAQs\n\u003cbr\u003eCharts \u0026amp; Tables\n\u003cbr\u003eBeyond its immediate utility, the book is designed to serve as a comprehensive reference tool. It stands as a valuable resource for professionals dealing with tax, yet its scope is not confined to experts alone. The content is approachable and engaging for anyone interested in the tax environment of the UAE, whether they are practitioners, scholars, or laypersons.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the 1st Edition and is updated till 31st December 2023. This book is authored by CA Nirav Shah, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Clear \u0026amp; Example Driven Format] has been followed in this book to present the analysis and make complex tax concepts more accessible to the readers\n\u003cbr\u003e[Discussion on Implementation of UAE Corporate Tax] involving Decrees and Cabinet Decisions\n\u003cbr\u003e[Highly Structured Contents to Present the Legal Framework and Real-world Application] The book's structure is thoughtfully organised to provide a lucid explanation, where it not only clarifies legal jargon but also bridges the gap between theory and practice, offering readers a well-rounded understanding of the subject matter\n\u003cbr\u003eThe book contains twenty chapters, each including an analysis of the Articles of the UAE Corporate Tax. The appendix to the book includes Federal Decree Law 47 of 2022, as amended by Federal Decree Law 60 of 2023, and all Cabinet and Ministerial Decisions. The structure of the book is as follows:\u003c\/p\u003e\n\n\u003cp\u003e[Introduction] Provides an overview of the UAE Corporate Tax and important definitions\n\u003cbr\u003e[Imposition of Corporate Tax and Applicable Rates] This chapter contains an analysis of Articles 2 and 3 of the UAE Corporate Tax dealing with the obligation to pay UAE Corporate Tax and the applicable tax rate\n\u003cbr\u003e[Exempt Persons] This chapter analyses Articles 4 to 10 of the UAE Corporate Tax. These Articles provide exemptions to various entities: government entities, government-controlled entities, public benefit entities, investment funds, extractive businesses, etc.\n\u003cbr\u003e[Taxable Person and Corporate Tax Base] This chapter analyses Articles 11 to 17 of the UAE Corporate Tax. These Articles provide the basis of charge, scope of taxable state-sourced income, meaning of permanent establishment (PE), taxability of family foundation, etc.\n\u003cbr\u003e[Free Zone Person] This chapter contains an analysis of Articles 18 and 19 of the UAE Corporate Tax dealing with taxation of free zone persons\n\u003cbr\u003e[Calculating Taxable Income] This chapter analyses Articles 20 and 21 of the UAE Corporate Tax. These Articles provide the basis for the computation of taxable income and the reliefs allowed to small businesses\n\u003cbr\u003e[Exempt Income] This chapter contains an analysis of Articles 22 to 25 of the UAE Corporate Tax that contain the provisions for the exemptions for certain incomes, participating exemptions, Foreign PE exemptions and exemptions to non-resident operating aircraft and ships in international transportation\n\u003cbr\u003e[Reliefs] This chapter contains an analysis of Articles 26 and 27 of the UAE Corporate Tax that provides relief for transfers within qualifying groups and business restructuring\n\u003cbr\u003e[Deductions] This chapter analyses Articles 28 to 33 of the UAE Corporate Tax. These Articles contain the provisions for deductible and non-deductible expenditures\n\u003cbr\u003e[Transactions with Related Parties and Connected Persons] This chapter contains an analysis of Articles 34 to 36 of the UAE Corporate Tax that explains the arm's length principle and meaning of related parties and covers payments made to connected persons\n\u003cbr\u003e[Tax Loss Provisions] This chapter contains an analysis of Articles 37 to 39 of the UAE Corporate Tax dealing with the treatment of tax losses\n\u003cbr\u003e[Tax Group Provisions] This chapter analyses Articles 40 to 42 of the UAE Corporate Tax. These Articles allow the taxable persons to constitute a tax group and offer taxable income at the consolidated group level\n\u003cbr\u003e[Calculation of Corporate Tax Payable] This chapter analyses Articles 43 to 47 of the UAE Corporate Tax. These Articles guide the computation of tax liability, withholding tax, foreign tax credit, etc.\n\u003cbr\u003e[Payment and Refund of Corporate Tax] This chapter contains an analysis of Articles 48 and 49 of the UAE Corporate Tax that deals with the timelines for making payments of corporate tax and the provisions to claim a refund of the corporate tax\n\u003cbr\u003e[Anti-Abuse Rules] Article 50 of the UAE Corporate Tax contains the general anti-abuse rule. This chapter explains this Article along with BEPS and examples\n\u003cbr\u003e[Tax Registration and De-Registration] This chapter analyses Articles 51 and 52 of the UAE Corporate Tax. Article 51 deals with the registration of taxable and exempt persons. Article 52 deals with the time limit and conditions for de-registration\n\u003cbr\u003e[Tax Returns and Clarifications] This chapter analyses Articles 53 to 59 of the UAE Corporate Tax. These Articles deal with the compliance obligations of taxable persons, including filing tax returns, preparing financial statements, transfer pricing documentation, record keeping, etc.\n\u003cbr\u003e[Violations and Penalties] This chapter contains an analysis of Article 60 of the UAE Corporate Tax that provides the penalties for various violations\n\u003cbr\u003e[Transitional Rules] This chapter contains an analysis of Article 61 of the UAE Corporate Tax\n\u003cbr\u003e[Closing Provisions] This chapter analyses Articles 62 to 70 of the UAE Corporate Tax. These Articles define the Federal Tax Authorities, their powers, international agreements, etc.\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803340877905,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/UAE_img.jpg?v=1708587275"},{"product_id":"maharashtra-stamp-duty-amnesty-scheme-2023-24-law-practice-book-by-shyamsundar-patil-ramesh-s-prabhu-shreyash-prabhu","title":"Maharashtra Stamp Duty Amnesty Scheme 2023-24 Law \u0026 Practice book by Shyamsundar Patil,Ramesh S. Prabhu,Shreyash Prabhu","description":"\u003cp\u003eThis book is a comprehensive guide to provide an in-depth understanding of the new Maharashtra Stamp Duty Amnesty Scheme for 2023-24. It is a blend of theoretical and practical elements, designed not only as a guide but also as a reference manual for professionals in the field. This book is divided into four parts:\u003c\/p\u003e\n\n\u003cp\u003ePart I discusses the new Stamp Duty Amnesty Scheme, elaborating on its provisions, processes, practical tips, and FAQs and providing valuable tools like checklists, flow charts, and QR codes for additional resources\n\u003cbr\u003ePart II focuses on Stamp Duty \u0026amp; Registration provisions, including FAQs and practical examples\n\u003cbr\u003ePart III compiles Notifications, Orders, and other relevant administrative documents, offering a comprehensive view of the Scheme's operational framework.\n\u003cbr\u003ePart IV discusses Representations to Ministers \u0026amp; Authorities, providing insights into the challenges of implementing the Scheme and proposing measures for its success.\n\u003cbr\u003eIt is a valuable resource for housing society members, new flat purchasers, builders, developers, real estate agents, advocates, and stamp duty and registration professionals.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the 1st Edition, authored by Adv. Shyamsundar Patil, CA. Ramesh S. Prabhu and CA. Shreyash Prabhu with the following detailed coverage:\u003c\/p\u003e\n\n\u003cp\u003eAbout Stamp Duty Amnesty Scheme\n\u003cbr\u003eStamp Duty Amnesty Scheme (Abhay Yojana) 2023-24\n\u003cbr\u003eBackground – Stamp Duty Amnesty Scheme 2023-2024\n\u003cbr\u003eTypes of documents covered under the Scheme\n\u003cbr\u003eAvail benefits of the Scheme for pending deemed conveyance\n\u003cbr\u003eDetermination of market value by the ready reckoner for stamp duty\n\u003cbr\u003eOnline application for the Amnesty Scheme\n\u003cbr\u003ePayment of stamp duty and its process\n\u003cbr\u003eAbout Stamp Duty and Registration\n\u003cbr\u003eStamp Duty – Overview, Importance and Valuation Factors\n\u003cbr\u003eRegistration of Documents\n\u003cbr\u003eStamp duty applicable on conveyance from time to time in favour of co-operative housing societies\n\u003cbr\u003eStamp Duty on conveyance in co-operative housing societies from the beginning of the Stamp Act\n\u003cbr\u003eFAQs from the government (IGR) Website\n\u003cbr\u003eQR Code for articles, important government sites and YouTube videos on Stamp Duty Amnesty Scheme 2023\n\u003cbr\u003eAppendix Covering Orders \u0026amp; Circulars\n\u003cbr\u003eAPX-1 – 07\/12\/2023 – Stamp Duty Abhay Yojana 2023 Order\n\u003cbr\u003eAPX-2 – 11\/12\/2023 – Standard Operating Procedures (SOP) for availing benefits under Stamp Duty Abhay Yojana 2023\n\u003cbr\u003eAPX-3 – 13\/12\/2023 – Corrigendum in Standard Operating Procedures (SOP) with respect to SOP\n\u003cbr\u003eAPX-4 – Maharashtra Collector Stamp District Wise\/Taluka wise\n\u003cbr\u003eAPX-5 – 12\/12\/2023 – Implementation of Maharashtra Stamp Duty Abhay Yojana 2023\n\u003cbr\u003eAPX-6 – Scrutiny of documents for filing in Abhay Yojana 2023\n\u003cbr\u003eAPX-7 – 13\/12\/2023 – Letters issued by the Collectors of Stamps to Co-operative Housing Societies to avail the benefits of the Scheme\n\u003cbr\u003eAPX-8 – Stamp Duty And Registration Fees Applicable on certain Instruments as per Schedule-I of the Act\n\u003cbr\u003eAPX-9 – 02\/01\/2018 – Guidelines regarding the calculation of built-up area and carpet area for market value calculation\n\u003cbr\u003eAPX-10 – 07\/12\/2013 – Circular to protest the loss of Govt. revenue and to protest mismanagement of Stamp Duty by IGR\n\u003cbr\u003eAPX-11A – 22\/04\/2009 – Letter issued by IGR dated 22\/04\/2009 regarding Amnesty Scheme 2008 in respect of stamp duty on the instruments executed during the period from dt. 4-7-1980 to 10-12-1985\n\u003cbr\u003eAPX-11B – Letter Issued by IGR Dated 10-08-2006 regarding Amnesty Scheme 2008 in Respect of Stamp Duty on the instruments executed during the period from Dt. 4-7-1980 to 10-12-1985\n\u003cbr\u003eAPX-12 – 12\/04\/2012 – Procedure for calculation of the stamp duty applicable on the deemed conveyance deed issued by IGR\n\u003cbr\u003eAPX-13 – 14\/06\/2016 - To determine the documents in view to remove the difficulties in Deemed Conveyance\n\u003cbr\u003eAPX-14 – 12\/07\/2016 - Documents required for registration of Deemed Conveyance Deeds of Deemed Conveyance Deeds of Co-operative Housing Authority as per provisions of MOFA Act, 1963\n\u003cbr\u003eAPX-15 – 22\/06\/2018 – Procedure to be followed while issuing deemed conveyance order and certificate\n\u003cbr\u003eAPX-16 – 22\/12\/2011 – Registration of confirmation deed or declaration deed issued by IGR\n\u003cbr\u003eAPX-17 – 28\/05\/2012 – Regarding Registration of Confirmation Deed or Declaration Deed (FAQ by IGR)\n\u003cbr\u003eAPX-18 – Format of Society Certificate Mentioning the Details of the Agreement to be processed under Amnesty Scheme to Pay Stamp Duty on their own agreement\n\u003cbr\u003eAPX-19 – Format of Authority Letter\n\u003cbr\u003eAPX-20 – Power of Attorney\n\u003cbr\u003eAPX-21 – Indemnity Bond\n\u003cbr\u003eRepresentation Made to the Government to Address Challenges \u0026amp; Concerns by Mahasewa\n\u003cbr\u003eAPX-22 – Amendment in MOFA to register the agreement for sale\/resale of flats to give relief to Lakhs of citizens of Maharashtra whose agreements were not registered and to generate the revenue under the Stamp Duty Amnesty Scheme 2023\n\u003cbr\u003eAPX-23 – Suggestion to implement the unique Stamp Duty Amnesty Scheme more effectively and Successfully for the benefit of the public at large\n\u003cbr\u003eAPX-24 – Representation to ease the process of adjudication of deemed conveyance and consider the agreement for sale before 10.12.1985 under the latest Stamp Duty Amnesty Scheme 2023\n\u003cbr\u003eAPX-25 – Representation on payment of stamp duty under Stamp Duty Amnesty Scheme, 2023, on Certified Copy or Photocopy of Stamped executed Instrument\n\u003cbr\u003eAPX-26 – Representation to accept online application to be under Stamp Duty Amnesty Scheme, 2023\n\u003cbr\u003eAPX-27 – Representation on payment of stamp duty under Stamp Duty Amnesty Scheme, 2023, on share certificate and allotment letter issued by the co-operative housing society constructed on private land\n\u003cbr\u003eAPX-28 – Representation regarding Policy Changes required for smooth completion of Redevelopment and Self Redevelopment Projects\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803341107281,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357784795L.jpg?v=1708587232"},{"product_id":"tax-deduction-collection-at-source-law-and-procedure-book-by-bombay-chartered-accountants-society","title":"Tax Deduction \u0026 Collection at Source ,Law and Procedure book by Bombay Chartered Accountants' Society","description":"\u003cp\u003eThis book, divided into 60+ chapters relating to each provision of TDS and TCS, aims to empower tax professionals with the necessary knowledge and insights to effectively navigate laws relating to tax deduction and collection at source. It results from the collaborative work of thirteen professional volunteers, offering a rich pool of knowledge.\u003c\/p\u003e\n\n\u003cp\u003eThis comprehensive guide is indispensable for accountants, tax professionals, auditors, and anyone involved in financial management or tax compliance. Its detailed analysis of each section and practical insights make it an essential reference for effectively understanding and applying TDS and TCS provisions.\u003c\/p\u003e\n\n\u003cp\u003eThe book also includes guidance on TDS in international transactions, including the interplay between domestic law and double tax avoidance treaties and procedural aspects like issuing Forms 15CA, 15CB, 10F, etc.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the 2024 edition. This book is spearheaded by CA Anil Sathe, Nilesh Kapadia, and CA Nina Kapasi, who provided mentorship and review to ensure content accuracy and thoroughness. The authors of this book include Anita Basrur, Ayesha Aziz, Bhaumik Goda, Bhavik Dholakia, Divya Jokhakar, Harsh Kothari, Kausar Sheikh, Krishna Upadhyay, Nilesh Kapadia, Pranay Gandhi, Saroj Maniar, Sharad Sheth and Sneha Gohil. Taxmann exclusively published this book for the Bombay Chartered Accountants' Society (known for its commitment to excellence in the realm of taxation). The structure of the book is as follows:\u003c\/p\u003e\n\n\u003cp\u003eIntroduction and Overview\n\u003cbr\u003eThe book begins with an insightful introduction and discusses the complexities of tax deduction and collection, providing a solid foundation for understanding the subsequent sections.\n\u003cbr\u003eExclusive Chapter on each Section\n\u003cbr\u003eThe book contains 62 chapters dedicated to each section of TDS or TCS. Every chapter deals in depth with the obligations of the deductor or collector, the point of tax deduction or collection, payments subject to TDS or TCS, TDS or TCS Rates, compliances involved, guidance on complex issues with case laws and illustrations, etc.\n\u003cbr\u003eGlobal and Non-Resident Taxation\n\u003cbr\u003eThe book also includes a detailed treatise on TDS on payments in international transactions, including the interplay between domestic law and double tax avoidance treaties and the procedural aspects like issuing Forms 15CA, 15CB, 10F, etc.\n\u003cbr\u003eAdministrative Aspects and Compliance\n\u003cbr\u003eThe final chapters cover administrative and compliance aspects, such as issuing certificates for deduction at lower rates (Section 197) and the duties of persons deducting tax (Section 200). The book concludes with detailed discussions on special provisions for non-filers of income tax returns (Sections 206AB and 206CCA), adding significant value for tax professionals w.r.t. compliance challenges\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803341140049,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357785884L.jpg?v=1708587214"},{"product_id":"maharashtra-rera-law-practice-book-by-ramesh-s-prabhu-vinay-thyagaraj","title":"Maharashtra RERA Law \u0026 Practice book by Ramesh S. Prabhu,Vinay Thyagaraj","description":"\u003cp\u003eThis book provides an exhaustive analysis of the Real Estate (Regulation and Development) Act (RERA), 2016, discussing its multifaceted impact on the real estate sector. It thoroughly examines RERA's legal, professional, and practical dimensions and associated regulations, catering to various stakeholders. Organised into multiple sections, each part of the book focuses on distinct elements and viewpoints relevant to real estate regulation, ensuring a comprehensive understanding.\u003c\/p\u003e\n\n\u003cp\u003eThis book incorporates the perspectives of the following stakeholders:\u003c\/p\u003e\n\n\u003cp\u003eGeneral Section (Applicable to All Stakeholders)\n\u003cbr\u003ePromoters\n\u003cbr\u003eReal Estate Agents\n\u003cbr\u003eAllottees and Association of Allottees\n\u003cbr\u003eProfessional Perspective including CAs, Advocates, Engineers, Architects\n\u003cbr\u003eThe Present Publication is the 2nd Edition, authored by the study group of industry experts \u0026amp; representatives from all stakeholders. It is edited by CA. Ramesh S. Prabhu \u0026amp; co-edited by CA. Vinay Thyagaraj, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Content and Structure of the Manual] The manual covers various practice areas like registration, certification, and litigation, catering to different stakeholders. It includes legal provisions, SOPs, FAQs, and judicial rulings\n\u003cbr\u003e[Inclusion of Peripheral Subjects] Beyond RERA provisions, the manual also addresses related areas like\n\u003cbr\u003eIncome Tax\n\u003cbr\u003eGST\n\u003cbr\u003eStamp Duty\n\u003cbr\u003eRegistration\n\u003cbr\u003eInsolvency and Bankruptcy\n\u003cbr\u003eOther Relevant Laws\n\u003cbr\u003e[Practice Manual for Practitioners and Professionals] The manual serves as a guide for new entrants and a reference for seasoned real estate practitioners, covering legal aspects and including various formats and drafts\n\u003cbr\u003e[Limitations and Challenges] The manual acknowledges the limitations in applying a uniform approach to practice and non-practice-oriented topics, aiming to elevate the standards of beginners and intermediate practitioners\n\u003cbr\u003e[Professional Application and Compliance] It emphasises the need for Chartered Accountants and professionals to apply their knowledge creatively while adhering to RERA's objectives and client needs\n\u003cbr\u003e[Dynamic Nature of RERA and Legal Changes] The manual incorporates the evolving nature of RERA, legal pronouncements, and building regulations\n\u003cbr\u003eThe detailed contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eGeneral – Applicable to all Stakeholders\n\u003cbr\u003eOverview of RERA, 2016\n\u003cbr\u003eJourney \u0026amp; Implementation of RERA \u0026amp; Important Circulars of MahaRERA from Inception till December 2023\n\u003cbr\u003eObjective and Purpose of RERA\n\u003cbr\u003eReal Estate Sector Deficiencies Addressed by RERA\n\u003cbr\u003eThe Authorities to Implement the Act\n\u003cbr\u003ePowers and Functions of the Real Estate Regulatory Authority\n\u003cbr\u003ePowers and Functions of Adjudicating Officers\n\u003cbr\u003eCentral Advisory Council – Establishment and Functions\n\u003cbr\u003eReal Estate Appellate Tribunal and its Functions and Powers\n\u003cbr\u003ePromoter – From the Promoters Perspective\n\u003cbr\u003ePromoter under RERA\n\u003cbr\u003eFunctions and Duties of Promoter\n\u003cbr\u003eRegistration of Real Estate Project – Legal Framework\n\u003cbr\u003eDocuments Required and the Process of Registration\n\u003cbr\u003eOperation of RERA Designated Bank Account\n\u003cbr\u003eFinancial Planning for Real Estate Projects\n\u003cbr\u003eQuarterly Progress Report (QPR) to be done by the Promoters\n\u003cbr\u003eProcedure to Extend the Period of the Registration\n\u003cbr\u003eProcedure for Amendment or Modification in the Sanctioned Plans\n\u003cbr\u003eTransfer of Real Estate Project to Third Party\n\u003cbr\u003eThe Transfer of Title\n\u003cbr\u003eForce Majeure and COVID Impact on Real Estate Sector\n\u003cbr\u003eAdvertising and Marketing Post RERA\n\u003cbr\u003eImportance of End Date\/Completion Date and Date of Possession under RERA\n\u003cbr\u003eChange in Process and Procedure of Real Estate Business post-RERA\n\u003cbr\u003eCar Parking Space and MahaRERA Circular\n\u003cbr\u003eRERA Compliance Report by Chartered Accountant\n\u003cbr\u003eDe-Registration of the Project\n\u003cbr\u003eGradation of Real Estate Projects\n\u003cbr\u003eAgent – From the Real Estate Agent Perspective\n\u003cbr\u003eRegistration of Estate Agents Legal Framework\n\u003cbr\u003eProcess to Obtain Registration for Real Estate Agent\n\u003cbr\u003eFunctions of Real Estate Agent\n\u003cbr\u003eImpact of RERA on Estate Agents\n\u003cbr\u003eChanging Business Landscape for REALTORS Post RERA\n\u003cbr\u003eTraining and Certification for Real Estate Agents\n\u003cbr\u003eSelf Regulatory Organisation for Real Estate Agents.\n\u003cbr\u003eAnti-Money-laundering, Countering the Financing of Terrorism and Combating Proliferation Financing Guidelines for Real Estate Agents, 2023\n\u003cbr\u003eAllottees – From the Allottees and the Association of Allottees Perspective\n\u003cbr\u003eRevocation of Registration of the Project\n\u003cbr\u003eStalled Real Estate Projects and Revival\n\u003cbr\u003eAlternative Investment Fund for Real Estate, including SWAMIH Funds\n\u003cbr\u003eRights and Duties of Allottees\n\u003cbr\u003eAssociation of Allottees\n\u003cbr\u003eRemedies for Conveyance and Deemed Conveyance\n\u003cbr\u003eAllottee Due Diligence Before Purchasing Property\n\u003cbr\u003eProfessional – From a Professional Perspective for CAs, Advocates, Engineers, Architects\n\u003cbr\u003eTitle Certificate\n\u003cbr\u003eAllotment Letter, Agreement for Sale and Sale Deed\n\u003cbr\u003eRole and Responsibilities of Architect under RERA\n\u003cbr\u003eThe Roles \u0026amp; Responsibilities of a Civil Engineer and Issue of FORM 2 under RERA\n\u003cbr\u003eQuality Assurance and Defect Liability under RERA\n\u003cbr\u003eCertificate in Form 3 By Chartered Accountant\n\u003cbr\u003eAudit by Chartered Accountant under MahaRERA (Form No. 5)\n\u003cbr\u003eGuidance Note on Accounting for Real Estate Transactions (Revised 2012) and Revenue from Contracts with Customers (Ind AS-115)\n\u003cbr\u003eKey Audit Challenges – Real Estate Sector\n\u003cbr\u003eReal Estate Collaborations \u0026amp; Significance of Corporate Due Diligence\n\u003cbr\u003eRedressal – Redressal System: Complaint, Appeal, Second Appeal, Conciliation\n\u003cbr\u003eSource (Complaints Against Unregistered Projects for Registration)\n\u003cbr\u003eComplaint Filing and its Procedure\n\u003cbr\u003eProcess of an Inquiry by the Authority or Adjudication Officer\n\u003cbr\u003eAppeals under RERA\n\u003cbr\u003eSecond Appeal before the High Court\n\u003cbr\u003eExecution of orders of MahaRERA and Adjudicating Officer\n\u003cbr\u003eExecution of a Decree under the Code of Civil Procedure, 1908\n\u003cbr\u003eComplaints by the Association of Allottees\n\u003cbr\u003eOffences and Penalties\n\u003cbr\u003eMahaRERA Conciliation and Dispute Resolution Forum\n\u003cbr\u003eMahaRERA Conciliation Forum Role Model of ADR in the Real Estate Sector\n\u003cbr\u003eEstablishing of a Home Buyer\/Allottee Grievance Redressal Cell\n\u003cbr\u003eIncome Tax, GST – Taxation: Income Tax, GST, Stamp Duty and Registration\n\u003cbr\u003eIncome tax Applicable on Real Estate Transactions\n\u003cbr\u003eOverview of GST Implications for the Real Estate Sector\n\u003cbr\u003eStamp Duty and Registration\n\u003cbr\u003eAllied Laws – Other Allied Laws like MRTP, DCPR, IBC, Consumer Protection, etc.\n\u003cbr\u003eReal Estate Laws of India\n\u003cbr\u003eSalient Features of Maharashtra Ownership Flats Act, 1963 ('MOFA')\n\u003cbr\u003eComparison between MOFA and RERA\n\u003cbr\u003eOverview of Maharashtra Apartment Ownership Act, 1970\n\u003cbr\u003eDevelopment Control Regulations and MahaRERA\n\u003cbr\u003eConsumer Protection and RERA – Best Recourse to Allottees\n\u003cbr\u003eDraft Format\/Specimen of Consumer Complaint\n\u003cbr\u003eLandmark Judgments of the Consumer Courts\n\u003cbr\u003eInsolvency Resolution Process in Real Estate\n\u003cbr\u003eInterplay of PMLA, Benami, FEMA with RERA\n\u003cbr\u003eMiscellaneous – Topics Related to Real Estate Rulings \u0026amp; Redevelopment\n\u003cbr\u003eConstitutional Validity of RERA\n\u003cbr\u003eAnalysis of Judgments\n\u003cbr\u003eRedevelopment and RERA\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803341467729,"sku":"","price":2237.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357785327L.jpg?v=1708587198"},{"product_id":"trust-ngos-your-queries-on-audit-reports-form-nos-10b-10bb-income-tax-return-itr-7-book-by-manoj-fogla-suresh-kumar-kejriwal-tarun-kumar-madaan","title":"Trust \u0026 NGOs – Your Queries on Audit Reports (Form Nos. 10B \u0026 10BB) \u0026 Income-tax Return (ITR-7) book by Manoj Fogla,Suresh Kumar Kejriwal,Tarun Kumar Madaan","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive and practical guide for preparing and filing audit reports using Form Nos. 10B and 10BB, as well as the Income-tax Return (ITR-7). Updated with the latest amendments from the Finance (No. 2) Act, 2024, it addresses compliance requirements and procedural changes with clear, actionable insights, detailed analyses, and step-by-step guidance to ensure accuracy and compliance. The book includes over 100 FAQs to clarify common audit issues, detailed analyses of audit requirements under Sections 12A and 10(23C), and practical guidance with sample observations, qualifications, and e-filing tutorials. It also provides an up-to-date overview of changes in ITR-7 for A.Y. 2024-25, providing practical advice to simplify complex regulatory processes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is helpful for trusts, NGOs, auditors, and tax consultants on the audit and tax compliance processes specific to charitable organisations.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the September 2024 Edition, amended by the Finance (No. 2) Act, 2024. This book is authored by Dr Manoj Fogla, CA Suresh Kumar Kejriwal, and CA Tarun Kumar Madaan, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive FAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] This edition includes over 100 Frequently Asked Questions (FAQs) that address common and complex issues encountered while auditing trusts and institutions using Form 10B and Form 10BB. These FAQs provide clarity on critical aspects such as eligibility, selection of the appropriate form, format of reports, due dates, and specific disclosure requirements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIn-depth Coverage of Amendments\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The book provides exhaustive analyses of the significant changes introduced in the newly notified Form 10B and Form 10BB, highlighting their applicability, reporting requirements, and the impact on audit and filing procedures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eThorough Analysis of Audit Requirements\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] It provides an extensive review of the audit requirements under Sections 12A and 10(23C) of the Income-tax Act, focusing on the prerequisites for obtaining an audit report, maintenance of books of account, and the consequences of non-compliance. The analysis extends to the applicability of tax audit requirements under Section 44AB\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Reporting Guidance\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The book includes practical guidance for auditors, featuring sample draft observations, qualifications, and illustrative examples of how to report specific circumstances in audit reports. This section is designed to enhance the quality and relevance of audit disclosures, ensuring that auditors can effectively communicate findings and comply with statutory reporting obligations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eStep-by-step e-filing Tutorials\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Recognising the growing importance of digital compliance, the book provides user-friendly, detailed tutorials for e-filing audit reports in Form Nos. 10B and 10BB. These step-by-step guides cover the entire process, from adding the Chartered Accountant (CA) to the e-filing portal, assigning forms, accepting assignments, to the final submission and verification of reports\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eUp-to-date Analysis of ITR-7 Changes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] This edition thoroughly examines the latest changes in the ITR-7 form, applicable from A.Y. 2024-25, providing insights into procedural updates, new schedules, and specific filing instructions. The detailed explanations help preparers understand the nuances of the updated form, ensuring accurate and compliant submissions.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIncorporation of Finance (No. 2) Act, 2024 Amendments\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The book incorporates all relevant changes introduced by the Finance (No. 2) Act, 2024, along with key circulars and notifications, making it a reliable and current reference point for legal compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe detailed contents of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eFAQs on Audit of Trusts \u0026amp; Institutions in Form 10B\/10BB\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIntroduction \u0026amp; applicability of audit under various sections\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSelecting the appropriate form (Form 10B or Form 10BB) based on income thresholds\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEligibility criteria for auditors and specifics on the format of audit reports\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step process for filing audit reports, including due dates and procedural tips\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed guidance on disclosure and reporting requirements in the annexures to Form 10B\/10BB\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eLaw and Practice Relating to Audit of Trusts and Institutions and ITR-7\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eComprehensive overview of audit requirements under Section 12A and Section 10(23C), including who must file and when\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed guidance on maintaining books of account, covering the types of records required, their retention period, and where they should be kept\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIn-depth discussion on the ramifications of not obtaining an audit report and the consequences of not maintaining proper books of account\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA clear breakdown of the specific requirements for filing Form 10B and Form 10BB, including an overview of the forms, the structure of the reports, and the annexures that need to be attached\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAnalysis of the applicability of tax audit under Section 44AB, including the criteria for applicability and the relationship between tax audits and audits under Sections 12A and 10(23C)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eConcept of Income, Total Income, and Other Receipts\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDefinitions and practical implications of \"total income\" under Sections 11 and 12, including how income is calculated for audits\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed examination of the various types of income that affect the audit requirements, including income from business held as property of the trust and income from incidental business\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGuidelines for computing income to select the appropriate audit form (Form 10B or 10BB), primarily focusing on the criteria for receipts below or above five crores\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eImplications of TDS Against Grant Receipt\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOverview of the legal background regarding Tax Deducted at Source (TDS) on grant receipts and its implications for trusts and NGOs\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe reporting mechanisms applicable from AY 2023-24, including the procedural changes and how they affect the reporting of grant receipts in the audit report\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eSample Observations and Qualifications for Audit Reports\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eComprehensive list of sample observations and qualifications that can be included in audit reports, tailored to address common issues faced by auditors\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSpecific reporting requirements for transactions involving specified persons under Section 13(3) and violations of the relevant laws\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePractical examples of how to report the maintenance of books of account, the non-filing of income tax returns, and other common issues\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eInstructions for Filling Form 10B and Form 10BB\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step instructions for completing and submitting Form 10B and Form 10BB, including a detailed breakdown of each field and annexure\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCommon errors to avoid, field-specific guidance, and tips for ensuring accurate and compliant submissions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInstructions on how to download and use the offline utility for filing these forms, along with practical advice for navigating the e-filing system\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eTutorials on E-filing Forms 10B and 10BB\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDetailed tutorials covering every step of the e-filing process, from adding the CA to the e-filing portal and assigning forms to the CA to accepting assignments and verifying submissions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSeparate tutorials for the submission of Forms 10B and 10BB, including specific instructions for both the CA and the assessee\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTips and best practices for ensuring a smooth and error-free e-filing tailored to the needs of trusts and NGOs\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eRequirement to Submit ITR under Sections 12A and 10(23C)\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA clear explanation of the requirement to submit income tax returns as a condition for claiming exemptions under Sections 12A and 10(23C)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed guidance on the filing deadlines, the selection of the correct ITR form, and the e-filing procedures for ITR-7\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDiscussion of the consequences of delayed or incorrect submissions, including the penalties and legal implications of non-compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGuidance on submitting revised returns, updated returns, and the conditions under which exemptions can be claimed through these processes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003ePractical Guide to File Form ITR-7\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOverview of the key changes introduced in Form ITR-7 for AY 2024-25, including updates to relevant schedules and filing procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step instructions for filing ITR-7, including verification processes, handling defective returns, and addressing common mistakes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003ePractical tips for ensuring that the ITR-7 form is completed accurately and submitted in compliance with current legal requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA collection of relevant circulars and notifications that impact the audit and filing processes, providing a quick reference to the most critical updates\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExtracts from the Income-tax Rules, 1962, focusing on the rules that govern the audit and filing requirements for trusts and NGOs\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRelevant forms and practical examples that illustrate compliance with the statutory requirements, offering readers practical tools for navigating their obligations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803341828177,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1726911580047_1Trust___NGOs--Manoj_Fogla--9789364555715___bookstoreslide.jpg?v=1727088890"},{"product_id":"charitable-trusts-cutting-through-the-complexity-book-by-the-goods-services-tax-practitioners-association-of-maharashtra-premal-gandhi","title":"Charitable Trusts – Cutting Through The Complexity book by The Goods \u0026 Services Tax Practitioners' Association of Maharashtra,Premal Gandhi","description":"\u003cp\u003eThis book provides a comprehensive overview of the current landscape of taxability governing charitable trusts, which includes:\u003c\/p\u003e\n\n\u003cp\u003eTaxation \u0026amp; Tax Exemptions\n\u003cbr\u003eFinancials and Regulating Reporting\n\u003cbr\u003eFund Raising \u0026amp; their Compliances\n\u003cbr\u003eIt aims to make its reader aware of the various provisions without using complex legal jargon. All efforts have been made to present the provisions clearly and understandably. This book incorporates the dynamic amendments and court rulings over the last few years that have impacted the functioning of charitable trusts.\u003c\/p\u003e\n\n\u003cp\u003eThis book will be helpful for NGO leaders, finance professionals, and anyone interested in the taxation aspect of the non-profit sector.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publications is the latest 2023 edition and has been amended up to October 2023. This book is authored by CA Premal Gandhi and published by Taxmann for The Goods and Services Tax Practitioners' Association of Maharashtra. The detailed contents of this book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eIntroduction\n\u003cbr\u003eComparative analysis of various salient features of a Trust, Society \u0026amp; Section 8 of Companies Act, 2013\n\u003cbr\u003eDefinitions, Rights, Duties \u0026amp; Liabilities of a Settlor\/Author, Trustee \u0026amp; Beneficiaries\n\u003cbr\u003eProvisions applicable to the Charitable Trusts under the Income-tax Act, 1961 for maintenance of books of account and other document\n\u003cbr\u003eAmendment of the Trust Deed\n\u003cbr\u003eApplication of Income\n\u003cbr\u003eCorpus Donation and Inter-Charity Donation\n\u003cbr\u003eModes available for Accumulation of Income\n\u003cbr\u003eSpecified modes of Investment or Deposit under section 11(5) of the Income-tax Act, 1961\n\u003cbr\u003eAnonymous Donations\n\u003cbr\u003ePenal Taxation of NGO's\n\u003cbr\u003eSummary of Penal Tax Rates\n\u003cbr\u003eForfeiture of various exemptions granted\n\u003cbr\u003eCancellation of Registration\n\u003cbr\u003eTax on Accreted Income of NGO's\n\u003cbr\u003eTax Implications of CSR Expenditure\n\u003cbr\u003eStatement of Donations to be filed by Donee Trust [Form 10BD]\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803341860945,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357788137L.jpg?v=1708587160"},{"product_id":"pios-guide-to-rti-book-by-r-k-verma-anuradha-verma","title":"PIO's Guide to RTI book by R.K. Verma,Anuradha Verma","description":"\u003cp\u003eThis book is a definitive guide to the Right to Information Act, 2005 (RTI Act). Drawn from an in-depth study of over 1,00,000 orders from the Central Information Commission and landmark court judgments, this book categorises a wide array of case laws topic-wise, allowing readers to swiftly pinpoint the relevant case law for their RTI application or appeal. Additionally, it provides a section-wise breakdown for ease of reference.\u003c\/p\u003e\n\n\u003cp\u003eThis book is tailored to guide government officials responsible for the RTI Act's implementation, including the PIO, deemed PIO, FAA, and nodal officer. It is also equally invaluable for lawyers, information commissioners, and curious citizens eager to familiarise themselves with authoritative case laws on the Act.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the 2nd Edition, authored by Dr. Rajesh Kumar Verma \u0026amp; Dr. Anuradha Verma, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Real-life Cases] to gain a deeper understanding of the RTI Act's intricacies\n\u003cbr\u003e[Guidelines for PIOs and FAAs] to efficiently address issues and avoid potential penalties or compensations\n\u003cbr\u003e[Evolving Role of the RTI Act and Strategies] to counteract its misuse\n\u003cbr\u003e[Latest Amendments and Diverse Interpretations] of the RTI Act for a lucid perspective\n\u003cbr\u003eComprehensive and detailed information\n\u003cbr\u003eThe structure of the book is as follows:\n\u003cbr\u003eThe book provides a comprehensive overview of the RTI Act, beginning with its background, objectives, primary provisions, and significance of the Preamble. It delves into various pertinent topics, including:\u003c\/p\u003e\n\n\u003cp\u003eInterpretation of terms and concepts in the RTI Act\n\u003cbr\u003eDefinitions of 'Information' and 'Public Authority' from which one can procure details\n\u003cbr\u003eThe pathway of an RTI application, response timelines, fee structures, and regulations related to third-party information\n\u003cbr\u003eObligatory proactive disclosure criteria, its methods, and third-party audit compliance\n\u003cbr\u003eDuties of the PIO, deemed PIO, and FAA\n\u003cbr\u003eExceptions under sections 8 and 9 for denying information access and their application\n\u003cbr\u003eManagement of records, especially regarding information over two decades old\n\u003cbr\u003eEntities outside the RTI Act's scope and scenarios where they must disclose information\n\u003cbr\u003eMechanisms for the first and second appeal processes\n\u003cbr\u003eVarious case laws related to grievances addressed to the Information Commission, be it for penalty imposition or compensation claims\n\u003cbr\u003eChapters dedicated to recurring topics like APAR, exams, service matters, vigilance and medical cases, banks, financial institutions, Income Tax, etc., where multiple Act sections come into play\n\u003cbr\u003eThe conclusion emphasises the growing role of the RTI Act in fostering transparency and accountability. It also addresses instances of the Act's misuse\n\u003cbr\u003eThe detailed contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eIntroduction\n\u003cbr\u003eWhich Organisations Are Covered?\n\u003cbr\u003eDesignation of Officers – PIO, APIO, FAA\n\u003cbr\u003ePro-active Disclosures\n\u003cbr\u003eWho Can File an Application?\n\u003cbr\u003eWhat Can be Sought under the RTI Act?\n\u003cbr\u003eHas the Application Been Filed Properly?\n\u003cbr\u003eIs the Payment of Fee as per Law?\n\u003cbr\u003eHas the 'Life or Liberty' been Claimed?\n\u003cbr\u003eAccessing Information from the Records\n\u003cbr\u003eRole of the PIO\/APIO\/Deemed PIO\n\u003cbr\u003eDealing with an Application\n\u003cbr\u003eDisposal of First Appeal\n\u003cbr\u003eThird-Party Information\n\u003cbr\u003eApplication Seeking Voluminous Information\n\u003cbr\u003eOverriding Powers under the Act\n\u003cbr\u003eOrganisations Beyond the Purview of the Act\n\u003cbr\u003eConsiderations for Passing an Order\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(a)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(b)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(c)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(d)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(e)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(f)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(g)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(h)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(i)\n\u003cbr\u003eInvoking Exemptions under Section 8(1)(j)\n\u003cbr\u003ePublic Interest\n\u003cbr\u003eInformation Older than 20 Years\n\u003cbr\u003eInfringement of Copyright\n\u003cbr\u003eWorking of the Information Commission\n\u003cbr\u003eFiling of Appeal and Complaint\n\u003cbr\u003ePenalty under the Act\n\u003cbr\u003eClaim for Compensation\n\u003cbr\u003eRecommendations by the CIC\n\u003cbr\u003eMedical Cases\n\u003cbr\u003eExamination\n\u003cbr\u003eBanks and other Financial Institutions\n\u003cbr\u003eIncome Tax\n\u003cbr\u003eService Matters\n\u003cbr\u003eACR\/APAR\n\u003cbr\u003eVigilance Cases\n\u003cbr\u003eExpanding Scope of the Act\n\u003cbr\u003eConduct of an Applicant\n\u003cbr\u003eMisuse of the Act\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342090321,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/PIOs-Guide_img.jpg?v=1708587144"},{"product_id":"auditors-essentials-combo-caro-with-corporate-practices-para-wise-commentary-and-tax-audit-clause-wise-commentary-finance-act-2023-edition-ays-2023-24-2024-25-book-by-srinivasan-anand-g","title":"Auditors' Essentials Combo – CARO with Corporate Practices (Para-wise Commentary) and Tax Audit (Clause-wise Commentary) , Finance Act 2023 Edition ,AYs 2023-24 \u0026 2024-25 book by Srinivasan Anand G","description":"\u003cp\u003eThis exclusive combo of two essential books empowers the auditors to conduct seamless audits under the two distinct yet interconnected domains. It includes the following books:\u003c\/p\u003e\n\n\u003cp\u003eCARO with Corporate Practices authored by Srinivasan Anand G.\n\u003cbr\u003eTax Audit authored by Srinivasan Anand G.\n\u003cbr\u003eThe key features of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eCARO with Corporate Practices\u003c\/p\u003e\n\n\u003cp\u003eThis book provides a para-wise commentary on the Companies (Auditors Report) Order (CARO). It is a complete guide on the applicability and the matters that need to be reported by an Auditor on CARO. This book will be helpful for Auditors.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the 10th Edition and has been amended up to August 2023. This book is authored by CA Srinivasan Anand G and divided into three divisions:\u003c\/p\u003e\n\n\u003cp\u003e[Division One] Features of CARO 2020 \u0026amp; its Applicability\n\u003cbr\u003e[Division Two] CARO Reporting as Applicable to Standalone Financial Statements\n\u003cbr\u003e[Division Three] CARO Reporting as Applicable to Consolidated Financial Statements\n\u003cbr\u003eThe noteworthy features of this book are as follows:\u003c\/p\u003e\n\n\u003cp\u003e[Corporate Practices] from published annual reports of FYs 2021-22 \u0026amp; 2022-23 are included in the book\n\u003cbr\u003e[All-about CARO 2020] which includes the following topics:\n\u003cbr\u003eFeatures of CARO 2020\n\u003cbr\u003eAudit Requirements (Other Audits vs Reporting Requirements u\/s 143 of the Companies Act 2013)\n\u003cbr\u003eClause-wise Analysis \u0026amp; Commentary on Clauses (i) to (xx) of Para 3 \u0026amp; 4 along with Clause (xxi) of Para 3 of CARO 2020\n\u003cbr\u003e[Para-wise Commentary] dealing with clauses (i) to (xx)\n\u003cbr\u003eInterpretation Requirements of the Clause in light of the following:\n\u003cbr\u003eApplicable Legal Provisions\n\u003cbr\u003eRelevant Standards on Auditing\n\u003cbr\u003eRevised 2022 Guidance Note of ICAI on CARO 2020\n\u003cbr\u003eApplicable Requirements of Schedule III of the Companies Act 2013\n\u003cbr\u003eRequirements of Section 143(1) to (3) applicable to the Clause'\n\u003cbr\u003eNFRA's Interpretation of the Reporting Requirements of the Clauses and lapses on the part of auditors pointed out by NFRA in Audit Quality Review Reports (AQRR)\n\u003cbr\u003eForward Linkages to the following:\n\u003cbr\u003eTax Audit Report in Form No. 3CD\n\u003cbr\u003eRequirements under Section 143(1)\/143(3) of the Income-tax Act\n\u003cbr\u003eAudit Checklists covering the following\n\u003cbr\u003eChecklist in respect of each CARO Clause\n\u003cbr\u003eDPT 3 Return Certification\n\u003cbr\u003eNidhi Rules Compliances\n\u003cbr\u003eSA 570 (Revised)\n\u003cbr\u003eAudit Documentation\n\u003cbr\u003eSample Auditors' Remarks under the relevant Clause\n\u003cbr\u003eCorporate Practices (extracts from the annual reports)\n\u003cbr\u003e[FAQs \u0026amp; Case Studies] on CARO 2020\n\u003cbr\u003e[Clause-wise Ready Reckoner] on CARO 2020\n\u003cbr\u003eTax Audit\u003c\/p\u003e\n\n\u003cp\u003eThis book comprehensively provides the following:\u003c\/p\u003e\n\n\u003cp\u003e[Commentary on Tax Audit u\/s 44AB] with reference to its applicability to various assessees and appointment of the tax auditor\n\u003cbr\u003e[Clause-wise Detailed Commentary] on the following:\n\u003cbr\u003eForm 3CA\n\u003cbr\u003eForm 3CB\n\u003cbr\u003eForm 3CD\n\u003cbr\u003eClause 30C of Form 3CD pertaining to GAAR explained with foreign case laws\n\u003cbr\u003e[Detailed Discussion on Presumptive Tax Provisions with Pros \u0026amp; Cons] of the following sections:\n\u003cbr\u003eSection 44AD\n\u003cbr\u003eSection 44ADA\n\u003cbr\u003eSection 44AE\n\u003cbr\u003e[Income Computation and Disclosure Standards (ICDS)] explained with the following:\n\u003cbr\u003eApplication Guide for each ICDS\n\u003cbr\u003eDifference between Ind AS\/AC \u0026amp; ICDS\n\u003cbr\u003eStatements showing adjustments for variations between Ind AS\/AS \u0026amp; ICDS\n\u003cbr\u003e[Tax Audit Ready Reckoner] on the following topics:\n\u003cbr\u003eManagement Representation Letters, which are to be obtained by the tax auditor for each Clause of Form No. 3CD\n\u003cbr\u003eNotes\/Comments\/Disclaimers to be given regarding each Clause of Form No. 3CD in Clause (3) of Form No. 3CA \u0026amp; Clause (5) of Form No. 3CB\n\u003cbr\u003eAudit of Cash Transactions\n\u003cbr\u003eAudit of Share Capital\n\u003cbr\u003eAudit of Loans, Borrowings and Deposits\n\u003cbr\u003eSale of Immovable Property\n\u003cbr\u003eApplicability of various clauses to different assessees\n\u003cbr\u003eClause of Form 3CD not applicable to assessees following cash basis of accounting\n\u003cbr\u003eForm 3CD – Clause-wise applicability reckoner of ICDS\n\u003cbr\u003eStatutory provisions relevant to various clauses of Form 3CD\n\u003cbr\u003eThe Present Publication is the 15th Edition and has been amended by the Finance Act 2023. This book is authored by CA Srinivasan Anand G. with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Practice Pointers] which includes common errors in reporting detected by the ICAI while scrutinising tax audit reports for each Clause of Form No. 3CA, Form No. 3CB and Form No. 3CD\n\u003cbr\u003e[Consequential Effects on Other Clauses] while reporting in each Clause of Form No. 3CD\n\u003cbr\u003e[Tax Audit of Companies]; relevant clauses in statutory audit report \u0026amp; CARO report, which are to be cross-checked\n\u003cbr\u003e[Requirements of various Clauses] of Form 3CA, Form 3CB \u0026amp; Form 3CD are discussed with reference to the following:\n\u003cbr\u003ee-Filing Utility requirements\n\u003cbr\u003eRelevant Legal Provisions\n\u003cbr\u003eCase Laws\n\u003cbr\u003eCBDT Clarification\n\u003cbr\u003eViews of the ICAI\n\u003cbr\u003e[Checklists] are provided for various clauses of Form 3CD\n\u003cbr\u003eThe structure of this book is as follows:\u003c\/p\u003e\n\n\u003cp\u003eChapters 0 – 14 provide the obligation of an entity to get the accounts audited u\/s 44AB, which is explained in light of presumptive taxation provisions along with the following:\n\u003cbr\u003eCase Laws\n\u003cbr\u003eLatest ITR Forms\n\u003cbr\u003eViews of the ICAI\n\u003cbr\u003eChapters 15 – 65 provide a clause-wise commentary on Form 3CD with a Tax Audit checklist for each clause. Linkages with other clauses of Form 3CD, i.e., how remarks on a particular clause impact report under other clauses, are provided in this book. Each clause is explained in light of the following:\n\u003cbr\u003ee-Filing utility requirements\n\u003cbr\u003eRelevant Legal Provisions\n\u003cbr\u003eCase Laws\n\u003cbr\u003eCBDT's Clarifications\n\u003cbr\u003eICDS\n\u003cbr\u003eViews of the ICAI\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342483537,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/Essential_Combo_img.jpg?v=1708587127"},{"product_id":"taxmanns-corporate-tax-planning-business-tax-procedures-with-case-studies-book-by-vinod-k-singhania-monica-singhania","title":"Taxmann's Corporate Tax Planning \u0026 Business Tax Procedures with Case Studies book by Vinod K. Singhania,Monica Singhania","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax Planning \u0026amp; Business Tax Procedures with Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive and authoritative treatise on corporate taxation, tax planning strategies, and business tax procedures in India. The book presents both the theoretical framework and practical applications of tax laws, supported by numerous case studies and multiple-choice problems. The work emphasises legitimate tax planning—helping readers lawfully minimise tax liabilities while avoiding the pitfalls of tax evasion.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book serves as an invaluable reference for:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e pursuing courses in tax planning, management, and professional examinations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals \u0026amp; Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a practical and updated resource for advisory work\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOfficials in the Tax Department\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e needing a structured and detailed understanding of tax provisions and procedures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Executives \u0026amp; Business Owners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e aiming to optimise tax structures and financial decisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGeneral Taxpayers \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003einterested in legally reducing current and future tax burdens\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 29\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended by the Finance Act 2025 and updated till 1\u003c\/span\u003e\u003csup\u003e\u003cspan\u003est\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e August 2025. This book is authored by Dr Vinod K. Singhania \u0026amp; Dr Monica Singhania, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eThree-book Structure\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eBook One | Income-tax Law in Brief\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Provides the theoretical base for corporate tax planning and procedures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eBook Two | Corporate Tax Planning\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Includes strategies for setting up new businesses, financial decision-making, remuneration planning, non-resident taxation, and business restructuring.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eBook Three | Business Tax Procedure \u0026amp; Management\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Covers return filing, assessments, appeals, penalties, TDS, advance tax, search and seizure, and other procedural aspects\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eLegitimate Tax Planning Focus\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Detailed strategies to lawfully minimise tax liabilities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAnalytical Approach\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Every paragraph is numbered, starting with a clear analytical discussion supported by original, practical problems\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eExtensive Practice Material\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Multiple-choice questions at the end of each chapter for quick revision and concept clarity\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eTeach-yourself Method\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Enables independent learning without the need for additional reference material\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eUp-to-date Content\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] All provisions amended up to 1\u003c\/span\u003e\u003csup\u003e\u003cspan\u003est\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e August 2025\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAuthor Expertise\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDr Vinod K. Singhania — Renowned tax expert with decades of research, authorship, and teaching experience, having authored multiple leading tax law books\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDr Monica Singhania — Professor at FMS, University of Delhi, with extensive research and publications in corporate taxation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Utility\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Designed to be a ready reckoner for daily tax advisory and compliance work\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eBalanced Coverage\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Integrates academic depth with business practicality\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBook One – Income-Tax Law in Brief\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eBasic concepts, residential status, exempt income, taxation of salary, business profits, capital gains, set-off and carry-forward of losses, and permissible deductions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBook Two – Corporate Tax Planning\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTax planning vs. tax avoidance and evasion\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCorporate tax regimes, MAT, special tax rates, and case studies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eTax planning for a new business (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003elocation, nature, organisation form\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFinancial Management Decisions – Capital structure, dividend policy, bonus shares\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eManagerial Decisions – Make-or-buy, lease vs. purchase, repairs vs. replacement\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRemuneration planning, sale of research assets, insurance compensation, and liquidation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eNon-resident taxation, double taxation relief, transfer pricing, and advance rulings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eBusiness Restructuring – Amalgamation, demerger, slump sale, conversion of business forms, inter-company asset transfers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBook Three – Business Tax Procedure \u0026amp; Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAdvance tax, TDS, interest, and refunds\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFiling of returns, assessments, appeals, and revisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePenalties and prosecutions, Settlement Commission, Dispute Resolution Committee\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSearch and seizure, surveys, requisitioning, and recovery provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnexures\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTax rates\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePresent value tables\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLogical \u0026amp; Sequential Flow\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – From fundamental principles to complex corporate taxation strategies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUnit-wise Division\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Breaking down each topic into manageable sections\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Orientation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Case studies and numerical problems illustrate practical applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMCQs at Chapter-end\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Reinforce learning and assist in self-evaluation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDistinct Paragraph Numbering\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Facilitates quick cross-referencing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342516305,"sku":"9789371265638","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1755164109802_1_9789371265638_Detail-Page.jpg?v=1755681496"},{"product_id":"law-relating-to-reassessment-book-by-d-c-agrawal-ajay-kumar-agrawal","title":"Law Relating to Reassessment book by D.C. Agrawal,Ajay Kumar Agrawal","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eLaw Relating to Reassessment \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e(5\u003csup\u003eth\u003c\/sup\u003e Edition) is a well-researched, authoritative treatise that explains the entire framework of reassessment under the Income-tax Act 1961. Over the years, India's legislative and judicial systems have significantly reshaped reassessment procedures, from the older Section 34 under the 1922 Act to the revised scheme under Sections 147 to 153 in the 1961 Act—and more recently through major amendments brought in by Finance Acts (\u003cem\u003eincluding 2021, 2022, 2023, and now 2025\u003c\/em\u003e). The book meticulously covers the rationale behind reopening or reassessing income tax returns—particularly where taxpayers may have unintentionally omitted information or deliberately withheld details, thereby resulting in 'escaped' income. In-depth coverage of historical and current provisions and an extensive compilation of case laws and administrative guidelines make this a helpful resource for professionals and taxpayers. Notably, it incorporates the latest changes—especially those concerning Section 148, Section 148A, Section 149, and associated provisions—while contrasting them with previous regimes like block assessments (\u003cem\u003eSection 158BC\u003c\/em\u003e) and assessments under Sections 153A to 153D in search\/requisition scenarios. By weaving together legislative text, case law analysis, and others, this commentary ensures that readers gain a conceptual and application-oriented understanding of reassessment law.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals \u0026amp; Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Offers an exhaustive roadmap on the legal intricacies and procedures of reopening assessments, serving as a ready reference for representation before Assessing Officers, appellate forums, and courts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants \u0026amp; Finance Controllers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Guides practitioners through the minefield of reassessment provisions, enabling them to ensure corporate compliance and advise businesses on best practices to avoid protracted litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Equips in-house teams with clarity on emerging scenarios in search, survey, and requisition-based reassessments, ensuring they stay updated with the dynamic contours of tax law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians \u0026amp; Law Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Provides comprehensive material on the evolution of reassessment law, helpful for research work and advanced study in taxation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSenior Management \u0026amp; Entrepreneurs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Enlightens decision-makers on strategies to minimise risks associated with under-reporting or misreporting of income\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition | 2025, amended by the Finance Act 2025. This book is authored by D.C. Agrawal \u0026amp; Ajay Kumar \u003c\/span\u003e\u003cspan\u003eAgrawal with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003eHistorical to Contemporary\u003c\/strong\u003e] Traces reassessment law from Section 25 of the IT Act 1918 to Section 34 of the 1922 Act, culminating in the robust legal framework of Sections 147–153 of the 1961 Act and further amendments up to 2025\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExplained Through Practical Issues\u003c\/strong\u003e] Examines how taxpayers can inadvertently or intentionally evade taxation—via accounting manipulations, round-tripping, and other tactics—and how revenue authorities address these under the reassessment regime\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDeep Dive into Search\/Survey Cases\u003c\/strong\u003e] Provides a thorough treatment of procedures from the introduction of 'Block Assessments' in 1995 to the post-2003 scheme under Sections 153A–153D, and the shift back to Sections 147–153 for post-2021 search and survey cases\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFocused Discussion on Section 148A\u003c\/strong\u003e] Explains the newly inserted procedure ensuring the taxpayer's right to be heard before issuance of the notice, its interplay with judicial instructions (\u003cem\u003ee.g., GKN Driveshafts\u003c\/em\u003e), and practical challenges\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Laws\u003c\/strong\u003e] Integrates landmark Supreme Court and High Court rulings, Tribunal decisions, and relevant references from leading tax journals\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePractical FAQs\u003c\/strong\u003e] Incorporates a dedicated question-and-answer section addressing frequently encountered queries and operational dilemmas faced by professionals and taxpayers\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eRevisions \u0026amp; Penalties\u003c\/strong\u003e] Delineates scenarios for revision under Section 263, along with penalty provisions for under-reported\/misreported income, ensuring comprehensive coverage of both assessment and post-assessment stages\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUser-friendly Format\u003c\/strong\u003e] Headings, paragraphs, and detailed tables offering quick references, with cross-links between provisions and practical scenarios, enabling faster navigation and clarity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExpert Authors\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eD.C. Agrawal, Advocate\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Former IRS officer and ex-ITAT Accountant Member with deep hands-on experience in complex tax litigation and policy formulation\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAjay Kumar Agrawal, FCA\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– A practising CA with extensive exposure to corporate consultancy, tax planning, and litigation, making the book truly practitioner-oriented\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eLegislative Evolution \u0026amp; Key Concepts\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA solid grounding in how and why reassessment provisions have evolved over decades—crucial for interpreting current rules\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFormation of 'Belief' \u0026amp; Requirement of Tangible Material\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDetailed exploration of the benchmark for validly reopening an assessment, covering 'reasons to believe' and the shift to 'information suggesting escapement'\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNew Regime vs. Old Regime\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComparative insights into pre\/post-1 April 2021 frameworks, including transitional issues, challenge to notifications, and the ramifications of Supreme Court judgments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSearch, Seizure \u0026amp; Survey Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eClarifies the concepts of 'deemed information,' block assessment, incriminating material, limitation periods, and the pivotal role of Section 149 in defining scope and timelines\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProcedural Safeguards\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eLays out how taxpayers can respond to notices (Section 148A(b)), the nature of inquiry under Section 148A(a), mandatory approvals under Sections 148B and 151, and ramifications of non-compliance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePenalties \u0026amp; Revision\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDiscusses the interplay between under-reported income, penalties under various Sections (\u003cem\u003e271AAD, 271AAB, etc.\u003c\/em\u003e), and the Commissioner's revisionary powers under Section 263\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDrafting \u0026amp; Defence Strategies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOffers recommendations on how taxpayers and professionals can draft replies to reassessment notices, mount objections, and ensure procedural adherence to minimise litigation risks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the book is as follows:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Legislative background and evolution of reassessment provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eReopening under Old Law \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Basic Principles – Foundational concepts and the conditions for valid reopening\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eReopening under Old Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Specific Propositions – Borrowed satisfaction, change of opinion, limitation, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIncome Escaping Assessment\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Section 147 – Core analysis of new\/old provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIssue of Notice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Section 148 – Detailed commentary on notice requirements and procedures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOpportunity under Section 148A\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Conducting inquiry, providing taxpayers with an opportunity\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRole of Section 135A\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Linking technology \u0026amp; risk management with reassessment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDeemed Information\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Conceptual coverage of information presumed to be available after search\/requisition\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTime Limit for Notice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Section 149 – Threshold limitations for reopening older assessments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBooks of Account \u0026amp; Evidence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Evidentiary standards and the significance of documents, loose papers, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIssue \u0026amp; Service of Notices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Valid service, addresses, digital communications, and common pitfalls\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eApproval of Additional Commissioner (Section 148B) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Procedure and significance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eApproval for Issue of Notice (Section 151)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Safeguards against arbitrary reopening\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eValidating Notices (Sections 292B \u0026amp; 292BB)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Legal cures for technical\/procedural defects\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAssessment in Search\/Survey Cases\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Transition from block assessment to new provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRevision of Reassessment Orders (Section 263)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – When and how higher authorities can revise.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePenalties\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Detailed interplay with misreporting and under-reporting.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMiscellaneous Escaped Income\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Typical scenarios (\u003cem\u003ecash deposits, bogus purchases, etc.\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAggregation of Escaped Income (Section 149(1A))\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – How multiple items might push escapement over thresholds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eValidity of Notices under Old vs. New Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The legal controversies post–1 April 2021\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eResponse Strategies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – How taxpayers can respond to notices effectively\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDevelopments Post–Ashish Agarwal's Case\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Judicial interpretation of transitional provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEnhancement in Reassessment\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Scope and power of enhancement by appellate authorities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTheory of 'Travel Back in Time'\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Constitutional challenges and notification-based time extensions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAmendments by Finance (No. 2) Act 2024\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Latest legislative shifts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Quick resolutions to common queries\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342549073,"sku":"9789364557283","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743411496521_1_9789364557283_Detail-Page.jpg?v=1743747725"},{"product_id":"law-relating-to-black-money-undisclosed-foreign-income-and-assets-and-imposition-of-tax-act-2015-book-by-raj-k-agarwal-rakesh-gupta","title":"Law Relating to Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 book by Raj K. Agarwal,Rakesh Gupta","description":"\u003cp\u003e\u003cspan\u003eThis book provides a comprehensive and updated analysis of India's legal framework to tackle undisclosed foreign income and assets. This Act—popularly called the Black Money Act—mandates disclosure requirements, confers assessment powers and prescribes stringent penal and prosecution provisions. This Edition discusses crucial areas such as the scope of chargeability, assessment and reassessment procedures, penalties for non-disclosure, and prosecution for evasion. Given the evolving nature of black money legislation and limited judicial precedents, the book is a critical guide for clarifying uncertainties and interpreting grey areas of the law.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants \u0026amp; Tax Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Offers detailed insights into the procedures for assessment, penalties, prosecution, and the interplay with the Income-tax Act, 1961, enabling practitioners to advise clients more accurately\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates \u0026amp; Corporate Lawyers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Provides clarity on legal nuances, prosecution risks, and procedural safeguards essential for legal counsel and litigation strategy\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFinance and Compliance Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Highlights the compliance obligations for resident Indians holding foreign assets or earning foreign income and addresses potential issues when converting from Non-Resident to Resident\/Ordinarily Resident\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians \u0026amp; Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Supplies extensive references, illustrative case scenarios, and critical commentary on statutory provisions—valuable for academic research and teaching\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBusiness Owners \u0026amp; High Net Worth Individuals (HNWIs)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Explains obligations, risks, and best practices to avoid penalties under the Black Money Act, particularly if holding or planning investments abroad\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025 and has been amended by the Finance Act 2025. This book is authored by Dr Raj K. Agarwal \u0026amp; Dr Rakesh Gupta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eLatest Amendments\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Incorporates all legislative changes introduced by the Finance Act 2025 to ensure readers have the most current legal positions and tax rates\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCritical Analysis of Core Provisions\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Each chapter offers an in-depth look at the scope and applicability of the Black Money Act, including charge, valuation, assessment, penalty, prosecution, and appeal mechanisms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eExpert Commentary\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Authored by two eminent professionals with decades of experience in direct taxes and representation before High Courts and the Supreme Court.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Insights \u0026amp; Litigation Issues\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Discusses emerging areas of litigation, interpretational dilemmas, and practical scenarios that practitioners and taxpayers commonly face\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eExtensive Referencing\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Features relevant Circulars, Notifications, Rules, and forms, alongside cross-references to related provisions of the Income-tax Act 1961 and other key legislations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eValuation Rules\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A dedicated section on valuation of foreign assets under the Black Money Act, clarifying the methodology for computing fair market value and addressing complex asset structures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegislative Background \u0026amp; Intent\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eHistorical context behind the enactment of the Black Money Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStatement of Objects \u0026amp; Reasons; Rationale for a separate legislation distinct from the Income-tax Act, 1961\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScope \u0026amp; Applicability\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eObligations for Resident Indians, particularly those transitioning from Non-Resident to Ordinarily Resident status\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAnalysis of undisclosed foreign assets and income, including bank accounts, financial interests, and immovable properties\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAssessment \u0026amp; Reassessment\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDetailed procedures under Sections 10–14\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eNo time barring limit: implications for older transactions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFramework for notices, satisfaction recording, and approval requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRecovery, Penalties \u0026amp; Prosecution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRecovery provisions (Sections 30–40); attachment of assets, garnishee notices, and cross-border recovery\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePenalties under Sections 41–47, including minimum penalties, defences, and quantum of fines\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStringent prosecution provisions (Sections 48–58), discussion on abetment, and complexities of parallel proceedings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eValuation Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFair market value concept for foreign assets\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eProcedural requirements and compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eValuation date mechanics and rule-based calculations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppellate \u0026amp; Revision Mechanisms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eMulti-layered appeal structure (Sections 15–29)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTime limits, condonation of delay, and powers of appellate forums\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRevision processes and remedies available to assessees\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eForms, Circulars \u0026amp; Notifications\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAppendices containing relevant Forms (1–8) prescribed under the Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eConsolidated CBDT Circulars and Notifications (updated up to 2025), offering official clarifications\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOther Relevant Laws\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eExtracts of other statutes referenced in the Black Money Act (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eCPC, IPC, Companies Act, LLP Act, etc.\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), providing broader legal context\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroductory Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Laying out the legislative framework and objectives, followed by a systematic breakdown of the Act's major provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection-by-Section Commentary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each segment (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eSections 1–88\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) is accompanied by 'Notes on Clauses' and 'Significant Issues,' helping readers navigate complex points of law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDedicated Chapters on Valuation \u0026amp; Procedural Aspects\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Step-by-step guidance on valuation procedures and compliance forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Reference Materials\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Consolidated forms, rules, notifications, and circulars, facilitating ease of application and cross-referencing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Scenarios \u0026amp; FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Interspersed throughout the text to illustrate practical cases, common pitfalls, and strategic solutions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342876753,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1742810922854_1_9789364556613_-Detail-Page.jpg?v=1742987435"},{"product_id":"taxation-of-political-donations-with-how-to-respond-to-notices-concerning-bogus-political-donations-book-by-srinivasan-anand-g","title":"Taxation of Political Donations with How to Respond to Notices Concerning Bogus Political Donations book by Srinivasan Anand G","description":"\u003cp\u003eThis handbook comprehensively covers Income-tax \u0026amp; related aspects of political donations, including the following:\u003c\/p\u003e\n\n\u003cp\u003eProvisions of Income Tax Act applicable to Donations to Political Parties\n\u003cbr\u003eAcceptance of Donations by Political Parties \u0026amp; Tax Exemption to Political Parties\n\u003cbr\u003eHow to Handle Income Tax Notices Received by Donors with Case Studies\n\u003cbr\u003eSpecimen replies against show-cause notice for making disallowance\n\u003cbr\u003eThe Present Publication is the Latest 2023 Edition and has been amended up to April 2023. This book is authored by CA Srinivasan Anand G. with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Handbook for Claiming Deduction u\/s 80GGB \u0026amp; 80GGC] for donations to the following:\n\u003cbr\u003eDonations to Political Parties\n\u003cbr\u003ePayments for Advertisement in Souvenirs, Brochures, Tracts, or Pamphlets of Political Parties\n\u003cbr\u003e[Detailed Analysis of Legal Provisions] which includes the following:\n\u003cbr\u003eIncome-tax Act 1961\n\u003cbr\u003eSection 80 GGB\n\u003cbr\u003eSection 80 GGC\n\u003cbr\u003eSection 37(2B)\n\u003cbr\u003eRepresentation of People Act 1951\n\u003cbr\u003eCompanies Act 2013\n\u003cbr\u003e[Checklist for Making Donations to Political Parties] and avoiding the following:\n\u003cbr\u003eViolation of Relevant Provisions of the Companies Act 2013\n\u003cbr\u003eAvoiding Loss of Deduction under Sections 80GGB\/80GGC\n\u003cbr\u003eAvoiding Disallowance under Section 37(2B)\n\u003cbr\u003e[How to Respond to Notices Supplemented by Case Studies] regarding bogus political donations\n\u003cbr\u003e[Specimen Replies] against show cause notice for making disallowance\n\u003cbr\u003eThe detailed contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eProvisions of Income Tax Act applicable to Donations to Political Parties\n\u003cbr\u003eIntroduction\n\u003cbr\u003eTax Benefits to Corporate Donors or Donations made to Political Parties\n\u003cbr\u003eTax Benefits to Non-Corporate Donors on Donations Made to Political Parties\n\u003cbr\u003eExpenditure on Advertisement in Souvenirs, Brochures, Tracts, Pamphlets or the like Published by a Political Party\n\u003cbr\u003eDo's and Don'ts of Making Donations to Political Parties - Checklist\n\u003cbr\u003eAcceptance of Donations by Political Parties \u0026amp; Tax Exemption to Political Parties\n\u003cbr\u003eDefinition of Political Party\n\u003cbr\u003eRegistration of Political Party with ECI\n\u003cbr\u003eEntitlement of Registered Political Parties to Accept Donation\n\u003cbr\u003eFiling of Reports of Contribution Received by Registered Political Party\n\u003cbr\u003eSpecial Provisions Relating to Incomes of Political Parties\n\u003cbr\u003eHow to Handle Income Tax Notices Received by Donors with Case Studies\n\u003cbr\u003eHow to Handle Income Tax Notices Received by Donors of RUPPs\n\u003cbr\u003eCase Studies – Responses of Donors to Notices\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342909521,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789357782807-image.jpg?v=1708587047"},{"product_id":"deduction-of-tax-at-source-with-advance-tax-and-refunds-book-by-vinod-k-singhania","title":"Deduction of Tax at Source with Advance Tax and Refunds book by Vinod K. Singhania","description":"\u003cp\u003e\u003cspan\u003eThis book provides a comprehensive legal analysis of the provisions related to TDS, TCS, Advance Tax, and Refunds under the Income-tax Act, accompanied by practical guidance supported by illustrations and legal jurisprudence.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eI\u003c\/span\u003e\u003cspan\u003et is beneficial for tax professionals, accountants, and legal practitioners.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 37\u003csup\u003eth\u003c\/sup\u003e Edition and has been amended by the Finance (No. 2) Act, 2024. This book is authored by Dr Vinod K. Singhania and divided into four divisions, namely:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eDeduction of Tax at Source\u003c\/li\u003e\n\u003cli\u003eAdvance Tax\u003c\/li\u003e\n\u003cli\u003eTax Collection at Source\u003c\/li\u003e\n\u003cli\u003eRefund\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe key features of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIn-Depth Legal Analysis\u003c\/strong\u003e] The book provides a detailed analysis of the provisions related to TDS and TCS, providing readers with a clear understanding of their legal obligations under the Income-tax Act. Each section is analysed with precision, highlighting the purpose, application, and implications of the provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExtensive Use of Illustrations\u003c\/strong\u003e] With more than 40 detailed illustrations, the book breaks down complex legal provisions into simple, real-life examples\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Case Law Compilation]\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eThe book includes a vast repository of case laws, summarising the key judicial decisions that impact TDS and TCS provisions. This section provides readers with legal precedents that are crucial for understanding how courts interpret various provisions, aiding in the resolution of contentious issues\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Analysis of Rules and Compliance Requirements\u003c\/strong\u003e] It covers all the rules prescribed under the TDS and TCS framework, detailing the procedural aspects such as the calculation of tax, issuance of certificates, and filing of returns. It also discusses the consequences of non-compliance, outlining penalties, interest, and other repercussions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGuidance on Controversial Issues\u003c\/strong\u003e] Recognising the complexities and grey areas in tax law, the book addresses controversial issues within TDS and TCS, providing clear guidance and insights. Each issue is analysed with supporting case laws and practical recommendations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIntegration of Circulars and Notifications\u003c\/strong\u003e] To ensure that practitioners are constantly working with the most up-to-date information, the book integrates relevant circulars and notifications directly with the provisions they pertain to\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExtensive Referencer Sections\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTDS\/TCS Rates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– A detailed referencer of applicable tax rates for various categories of income under TDS, including specific rates for withholding tax and TCS\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvance Tax Rates and Schedules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Comprehensive guidance on advance tax rates, due dates, and payment schedules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCalendar for Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– A dedicated calendar section lists all critical dates for TDS, TCS, and advance tax payments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure and the content breakdown of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eDeduction of Tax at Source\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThis division covers various topics, including TDS on salaries, interest, dividends, contractor payments, etc. It provides practical advice on calculating TDS, filing returns, and issuing certificates, with detailed sections on how to handle specific types of income and scenarios\u003c\/li\u003e\n\u003cli\u003eIn addition to standard TDS obligations, the book addresses special cases such as TDS on remuneration, bonus or commission payable to the partners, winnings from lotteries, horse races, and other gaming activities\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAdvance Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe advance tax section is an essential guide for taxpayers, detailing who is liable to pay, how to compute the liability and the schedule of payments. It covers both the taxpayer's obligations and the procedures followed by tax authorities in issuing notices and assessing compliance\u003c\/li\u003e\n\u003cli\u003eThe book also analyses the various scenarios that can trigger interest and penalties for non-payment or underpayment of advance tax, providing strategies for minimising these liabilities\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eTax Collection at Source\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThis division focuses on the provisions related to TCS, detailing which transactions are subject to collection, applicable rates, and compliance requirements. It provides clear guidelines on the calculation, collection, and remittance of TCS, along with the issuance of certificates and filing of returns\u003c\/li\u003e\n\u003cli\u003eThe book also includes specialised guidance on TCS in less common situations, such as transactions involving scrap, tendu leaves, and minerals, providing a complete overview of the TCS landscape\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eRefunds\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA dedicated section on refunds explains the circumstances under which taxpayers can claim refunds, the procedures involved, and the calculation of interest on refunds. This division is beneficial for understanding how to manage and expedite the refund process, as well as how to handle disputes related to refunds\u003c\/li\u003e\n\u003cli\u003eThe book also addresses the set-off of refunds against tax liabilities, offering practical tips on managing this aspect of tax compliance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342942289,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1726483547493_1Deduct_of_Tax_AS__VKS__37th--9789364554206____bookstoreslide.jpg?v=1726920981"},{"product_id":"taxes-law-practice-set-of-3-books-by-taxmanns-editorial-board-vinod-k-singhania-kapil-singhania","title":"Taxmann's COMMENTARY COMBO – II for Direct Taxes—Master Guide to Income Tax Act and Rules \u0026 Direct Taxes Law \u0026 Practice (Set of 3 Books) by Taxmann's Editorial Board, Vinod K. Singhania, Kapil Singhania","description":"\u003cp class=\"MsoNormal\"\u003e\u003cstrong\u003eTaxmann's COMMENTARY COMBO – II for Direct Taxes—Master Guide to Income Tax Act and Rules \u0026amp; Direct Taxes Law \u0026amp; Practice (Set of 3 Books) by Taxmann's Editorial Board, Vinod K. Singhania, Kapil Singhania\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe COMMENTARY COMBO – II for Direct Taxes is a meticulously curated set of three authoritative books that offer an all-encompassing exploration of India's direct tax regime. Updated to incorporate amendments introduced by the Finance Act 2025 and the Income-tax (Fifth Amendment) Rules 2025, these books are designed to serve as definitive references. Each volume in this Combo addresses a different dimension of direct taxation:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eMaster Guide to Income Tax Act\u003c\/li\u003e\n\u003cli\u003eMaster Guide to Income Tax Rules\u003c\/li\u003e\n\u003cli\u003eDirect Taxes Law \u0026amp; Practice – Professional Edition\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eCollectively, they provide:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThorough legal commentary and rule-wise analysis\u003c\/li\u003e\n\u003cli\u003ePractical illustrations and examples\u003c\/li\u003e\n\u003cli\u003eLandmark judicial rulings and relevant circulars\/notifications\u003c\/li\u003e\n\u003cli\u003eComprehensive coverage of compliance requirements, procedural aspects, and strategic tax planning\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThis Combo is intended for the following audience:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eTax Professionals, Chartered Accountants, and Consultants\u003c\/li\u003e\n\u003cli\u003eLawyers \u0026amp; Legal Practitioners\u003c\/li\u003e\n\u003cli\u003eCorporate Finance Departments \u0026amp; CFOs\u003c\/li\u003e\n\u003cli\u003eAcademicians \u0026amp; Researchers\u003c\/li\u003e\n\u003cli\u003eGovernment Officials \u0026amp; Regulators\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe key features of the Combo are as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete \u0026amp; Current\u003c\/strong\u003e] It encompasses all amendments introduced by the Finance Act 2025 and the Income-tax (Fifth Amendment) Rules 2025. Also, it reflects the latest notifications, circulars, case laws, and relevant policy directives\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthoritative Commentary\u003c\/strong\u003e] It delivers expert guidance from renowned authors and Taxmann's Editorial Board, ensuring reliability and practical applicability. It also includes step-by-step explanations, practical examples, and an in-depth discussion of key legal amendments\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHistorical \u0026amp; Contemporary Insights\u003c\/strong\u003e] It showcases significant judicial rulings from as early as 1922, mapping the evolution of income tax law. This provides a robust understanding of the historical context as well as the most recent legal interpretations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUser-friendly Format \u0026amp; Navigation\u003c\/strong\u003e] It includes a logical segmentation with chapter-wise detailing. Tables, charts, and cross-references are included for quick lookups and structured reading. Lastly, thorough indexing, footnotes, and endnotes guide readers to primary statutory sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePractical Tools \u0026amp; Illustrations\u003c\/strong\u003e] It contains 600+ illustrations, examples, checklists, TDS\/TCS tables, and ready references, which simplifies complex topics like transfer pricing, new presumptive taxation for non-residents, and GAAR provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Coverage\u003c\/strong\u003e] Addresses every facet of direct taxes: from basic concepts, heads of income, and deductions to advanced issues like business restructuring, international taxation, and anti-avoidance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of each book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eMaster Guide to Income Tax Act\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFinance Act 2025 Amendments\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eTax rates, deductions, and changes to TDS\/TCS\u003c\/li\u003e\n\u003cli\u003eNew presumptive tax scheme for non-residents under Section 44BBD\u003c\/li\u003e\n\u003cli\u003eExtended provisions for charitable trusts, widened definitions for Virtual Digital Assets, and updates to search \u0026amp; seizure\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eComprehensive Analysis \u0026amp; Case Laws\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eLandmark rulings (1922–Feb 2025) from the Supreme Court\/High Courts\u003c\/li\u003e\n\u003cli\u003eGovernment notifications and CBDT circulars\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eDetailed Divisions\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eDivision One – Commentary on amendments introduced by the Finance Act 2025\u003c\/li\u003e\n\u003cli\u003eDivision Two – TDS \u0026amp; TCS tables for quick reference\u003c\/li\u003e\n\u003cli\u003eDivision Three – Circulars, clarifications \u0026amp; notifications (1961–Feb 2025)\u003c\/li\u003e\n\u003cli\u003eDivision Four – Landmark judicial rulings (1922–Feb 2025)\u003cbr\u003e\u003cbr\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eMaster Guide to Income Tax Rules\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRule-by-rule Analysis\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eCovers the Income-tax Rules, 1962, from Rule 2A to Rule 134\u003c\/li\u003e\n\u003cli\u003eDetailed commentary, operative circulars, notifications, relevant judicial precedents\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eValuation \u0026amp; Compliance\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eValuation of perquisites, depreciation, capital gains, and record-keeping\u003c\/li\u003e\n\u003cli\u003eTDS\/TCS procedures, forms, certificates, and statements\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eSpecial Provisions \u0026amp; Schemes\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eTransfer pricing, GAAR, infrastructure debt funds, charitable institutions, etc.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eAnnexures \u0026amp; Cross-Referencing\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eTexts of related circulars, notifications, and forms\u003c\/li\u003e\n\u003cli\u003eLegislative background, purpose, and real-world application explained with examples\u003cbr\u003e\u003cbr\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDirect Taxes Law \u0026amp; Practice – Professional Edition\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComprehensive \u0026amp; Lucid Presentation\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eExplains direct tax provisions for AYs 2025-26 \u0026amp; 2026-27 through 600+ illustrations and case studies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eFocus on New Tax Regimes \u0026amp; Tax Planning\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eCovers the practical impact of the new tax regime (Section 115BAC), including strategies and planning avenues\u003c\/li\u003e\n\u003cli\u003eDiscusses MAT (Minimum Alternate Tax), Transfer Pricing, Business Restructuring, GAAR, etc.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eStep-by-step Procedures\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eCovers assessments, appeals, revisions, penalties, and prosecutions\u003c\/li\u003e\n\u003cli\u003eIncludes frequently asked questions (FAQs) to resolve common queries\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the Combo is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eLogical Segmentation\u003c\/strong\u003e – Each book is divided into structured parts\/divisions to handle specific areas of the law (e.g., commentary on recent amendments, TDS\/TCS, notifications, or heads of income)\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eChapter-wise Detailing\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapters progress from foundational concepts like definitions and scope of income to advanced topics like search \u0026amp; seizure, Transfer Pricing, and GAAR\u003c\/li\u003e\n\u003cli\u003ePara-wise commentary and cross-referencing to relevant circulars, notifications, or sections\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eIllustrations \u0026amp; Examples\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eStep-by-step computations for undisclosed income, presumptive schemes, or block assessments\u003c\/li\u003e\n\u003cli\u003ePractical illustrations clarify complex theoretical provisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eCross-references \u0026amp; Indexing\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExtensive cross-references to help locate discussions in all three volumes\u003c\/li\u003e\n\u003cli\u003eComprehensive indexing for quick lookups, making it equally suitable for daily use and deep research\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAnnexures \u0026amp; FAQs\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContains statutory references, forms, and schedules\u003c\/li\u003e\n\u003cli\u003eProvides frequently asked questions for quick clarity on common issues\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803342975057,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/Combo_19d881a2-69c5-437d-acf0-ff49056485a1.jpg?v=1773562322"},{"product_id":"your-appeal-before-commissioner-appeals-by-sanjeeva-narayan","title":"Your Appeal Before Commissioner (Appeals) by Sanjeeva Narayan","description":"\u003cp\u003e\u003cspan\u003eThis book is an authoritative and comprehensive resource on the first appellate procedure under the Income-tax Act 1961. It has been revised to incorporate amendments brought in by the Finance Act 2025. This edition addresses the foundational concepts of filing appeals and the pragmatic aspects of prosecuting them, including the contemporary and much-discussed Faceless Appeal procedures. It offers an in-depth exploration of appellate strategies, procedural intricacies, relevant judicial precedents, and the step-by-step methodology to present and argue one’s appeal effectively.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals \u0026amp; Chartered Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A ready reference for professionals representing clients before the Joint Commissioner (Appeals)\/Commissioner (Appeals)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporates \u0026amp; High-net-worth Individuals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Ideal for in-house tax teams and individuals seeking clarity on how to defend their positions or challenge unfavourable assessment orders\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Lawyers focusing on tax litigation can benefit from the procedural guidelines and comprehensive coverage of case laws\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademic \u0026amp; Research Scholars\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Students and researchers in taxation, commerce, or law will find an extensive resource to understand appellate practice in India\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Administrators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Officials in the Department can refer to this book for clarity on legal provisions and jurisprudence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003csup\u003eth\u003c\/sup\u003e Edition and amended by the Finance Act 2025. This book is authored by CA Sanjeeva Narayan with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Coverage of Faceless Appeals\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA dedicated analysis of how Faceless Appeals revolutionise the first appellate proceedings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step guidance on electronic filing, the role of the National Faceless Appeal Centre (NaFAC), and compliance measures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDetailed Explanation of Statutory Provisions\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eElucidation of sections 246 to 251 of the Income-tax Act, which governs the institution, powers, and procedures of the Commissioner (Appeals) and Joint Commissioner (Appeals)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eClear highlights of the newly introduced Joint Commissioner (Appeals) framework\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Insights \u0026amp; Checklists\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eProcess-driven tips on filing an appeal and drafting effective Grounds of Appeal (GoA) and Statement of Facts (SoF)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRealistic checklists for condonation of delay, additional evidence, and additional grounds\/fresh claims\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Judicial Precedents\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNumerous landmark judgments from Supreme Court, High Courts, and the Income Tax Appellate Tribunal (ITAT)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSummaries of how courts have interpreted and shaped appellate laws with direct relevance to day-to-day practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSample Documents \u0026amp; Ready-to-Use Formats\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSpecimen annexures illustrating best practices in drafting appeals, applications, and replies for various common scenarios (e\u003cem\u003e.g., bogus purchases, additions under section 68, reassessment appeals, etc.\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUser-friendly templates for verifying appeals, filing affidavits for delay condonation, and seeking additional evidence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthor’s Expertise\u003c\/strong\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCA. Sanjeeva Narayan combines nearly forty years of professional practice with an educator’s clarity. His insights cover the legislative intent and the practical realities of day-to-day appellate work\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroduction to Appellate Mechanisms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDefinition, origin, and scope of the right to appeal\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDistinction between appeals, revisions, and other dispute-resolution alternatives\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNavigating the Legal Framework\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAn in-depth explanation of relevant sections (Sections 246, 246A, 248–251) and allied rules (Rule 45, Rule 46A, etc.)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExploration of complementary processes like stay of demand, rectifications, and departmental instructions on time-limits\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless Appeals \u0026amp; e-Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDetailed walk-through of the Faceless Appeal Scheme, 2021, covering assignment of appeals, interface with the Assessing Officer, and procedures for submission of documents\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePractical challenges, pitfalls, and best practices for seamless compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDrafting \u0026amp; Strategy\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEmphasis on building robust Grounds of Appeal and Statement of Facts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGuidance on additional grounds, fresh claims, and admission of additional evidence under Rule 46A\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePowers \u0026amp; Jurisdiction of Commissioner (Appeals)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eHow the Commissioner (Appeals) can confirm, reduce, or enhance assessments\/penalties\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eConceptual discussion on powers of remand, annulment of assessments, and the doctrine of merger\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Topics \u0026amp; Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eHandling complicated issues like TDS\/TCS defaults, intangible additions, reassessments, and presumptive taxation disputes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePractical scenarios to illustrate procedural and substantive aspects of appellate practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlternative Dispute Resolutions \u0026amp; Repetitive Appeals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInsights on DRP (Dispute Resolution Panel), Dispute Resolution Committee (DRC), and the effect of accepted positions in earlier years\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMechanisms to avoid repetitive litigation under Chapter XIV-A\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroductory Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Lays down the foundational principles of appellate law, including the history, meaning, and scope of the right to appeal\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDetailed Legal Provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Step-by-step coverage of each relevant section, interspersed with legislative commentary, departmental instructions, and judicial decisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProcedural Guide\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Chapters dedicated to filing appeals (including electronic modalities), condonation of delay, mandatory tax payments, and form \u0026amp; content of appeals\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDeep Dive into Enquiries \u0026amp; Additional Evidence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Explanation of the Commissioner (Appeals)’s power to call for further enquiries, how to present additional evidence, and circumstances permitting additional\/fresh claims\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless Appeal Framework\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Separate segment capturing the essence of the Faceless Appeal Scheme, enriched with flow charts and example formats\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecimen Annexures \u0026amp; Formats\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003cstrong\u003e\u003cem\u003e–\u003c\/em\u003e\u003c\/strong\u003e Model grounds of appeal for different factual scenarios, applications under Section 46A, and comprehensive references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803343401041,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1742557111443_1_9789364556644_Detail_Page.png?v=1742988212"},{"product_id":"tax-practice-manual-by-mahendra-b-gabhawala","title":"Tax Practice Manual by Mahendra B. Gabhawala","description":"\u003cp\u003eTax Practice Manual is an exhaustive (1,900 + pages), amended (by the Finance Act 2023) \u0026amp; practical guide (330+ case studies) for Tax Professionals of India.\u003c\/p\u003e\n\n\u003cp\u003eThis book will be helpful for Chartered Accountants, Lawyers\/Advocates, and Tax Practitioners to assist them in their day-to-day tax work.\u003c\/p\u003e\n\n\u003cp\u003eThis book is divided into two parts:\u003c\/p\u003e\n\n\u003cp\u003eLaw Relating to Tax Procedures, including Tax Practice (covering 25+ topics)\n\u003cbr\u003e330+ Case Studies (covering 30+ topics)\n\u003cbr\u003eThe Present Publication is the 9th Edition and has been amended by the Finance Act 2023. This book is authored by Mahendra B. Gabhawala with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003eLaw Relating to Tax Procedures\n\u003cbr\u003e[Lucid Explanation in a Practical Manner with Checklists \u0026amp; Necessary Tips] for the law relating to the Tax Procedures\n\u003cbr\u003e[Exhaustive Coverage of Case Laws]\n\u003cbr\u003e[Fine Prints \u0026amp; Unwritten Lines] of the law are explained in a lucid manner\n\u003cbr\u003eTax Practice\n\u003cbr\u003e[Elaborated \u0026amp; Threadbare Analysis] of every aspect of Tax Practice\n\u003cbr\u003eCase Studies\n\u003cbr\u003e[330+ Case Studies] to deal with real-life animated situations\/problems faced by tax practitioners\n\u003cbr\u003eDraft Replies\n\u003cbr\u003eFor the Notices sent by the Department\n\u003cbr\u003ePetitions to the Department\n\u003cbr\u003eDrafting \u0026amp; Conveyancing\n\u003cbr\u003e[Complete Guide to Drafting of Deeds \u0026amp; Documents] covering the following:\n\u003cbr\u003eAffidavits\n\u003cbr\u003eWills\n\u003cbr\u003eSpecial Business Arrangements\n\u003cbr\u003eFamily Arrangements\n\u003cbr\u003ePower of Attorney\n\u003cbr\u003eLease, Rent \u0026amp; Leave and Licenses\n\u003cbr\u003eIndemnity and Guarantee\n\u003cbr\u003eCharitable Trust Deeds, etc.\n\u003cbr\u003eThe contents of this book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eLaw Relating to Tax Procedures\n\u003cbr\u003eTax Practice\n\u003cbr\u003ePre-assessment Procedures\n\u003cbr\u003eAssessment\n\u003cbr\u003eAppeals\n\u003cbr\u003eInterest, Fees, Penalty and Prosecution\n\u003cbr\u003eRefunds\n\u003cbr\u003eSettlement Commission – ITSC, Interim Board \u0026amp; Dispute Resolution Committee (DRC)\n\u003cbr\u003eSummons, Survey, Search\n\u003cbr\u003eTDS and TCS\n\u003cbr\u003eRecovery of Tax\n\u003cbr\u003eSpecial Procedures\n\u003cbr\u003eApprovals\n\u003cbr\u003eSTT, Deemed Dividend, Tax on Liquidation, Reduction and Buy Back, MAT and AMT\n\u003cbr\u003eRTI, Ombudsman\n\u003cbr\u003eDrafting of Deeds\n\u003cbr\u003eAgreement, MoU\n\u003cbr\u003eGifts, Wills, Family Arrangements\n\u003cbr\u003ePower of Attorney, etc.\n\u003cbr\u003eLease, Rent, License, etc.\n\u003cbr\u003eSale\/Transfer of Properties\n\u003cbr\u003eTax Audit\n\u003cbr\u003eIncome Computation \u0026amp; Disclosure Standards\n\u003cbr\u003eVirtual Digital Assets\n\u003cbr\u003eSignificant Amendments by Finance Act 2023\n\u003cbr\u003eProhibition of Benami Property Transactions Act 1988\n\u003cbr\u003eCase Studies\n\u003cbr\u003eTax Practice\n\u003cbr\u003ePre-Assessment Procedures\n\u003cbr\u003eAssessment – Principles and Issues\n\u003cbr\u003eRectification of Mistake\n\u003cbr\u003eRevision\n\u003cbr\u003eAppeals to JT. CIT (Appeals)\/CIT (Appeals)\n\u003cbr\u003eAppeals to – ITAT – High Court – Supreme Court\n\u003cbr\u003eInterest Payable by Assessee\n\u003cbr\u003ePenalties\n\u003cbr\u003eProsecution\n\u003cbr\u003eRefunds\n\u003cbr\u003eDispute Resolution Panel\n\u003cbr\u003eSurvey\n\u003cbr\u003eSearch \u0026amp; Seizure\n\u003cbr\u003eTax Deduction at Source\n\u003cbr\u003eRecovery of Tax\n\u003cbr\u003eTrust, Mutuality, Charity\n\u003cbr\u003eFirm\n\u003cbr\u003eLLP – Limited Liability Partnership\n\u003cbr\u003eRight to Information – RTI\n\u003cbr\u003eAgreement, MoU\n\u003cbr\u003eAOP – Association of Persons\n\u003cbr\u003eHUF – Hindu Undivided Family\n\u003cbr\u003eGifts\n\u003cbr\u003eWills\n\u003cbr\u003eFamily Arrangements\n\u003cbr\u003ePower of Attorney\n\u003cbr\u003eIndemnity and Guarantee\n\u003cbr\u003eLease, Rent, Leave and License\n\u003cbr\u003eSale\/Transfer of Properties\n\u003cbr\u003eTax Audit\n\u003cbr\u003eProhibition of Benami Property Transactions Act, 1988\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803343433809,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789356227194L.jpg?v=1708586951"},{"product_id":"direct-taxes-law-practice-professional-edition-by-vinod-k-singhania-kapil-singhania","title":"Direct Taxes Law \u0026 Practice (Professional Edition) by Vinod K. Singhania,Kapil Singhania","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/_XwwrNaNcog\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Law \u0026amp; Practice (Professional Edition)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive and lucid presentation of India's direct tax system. Updated to reflect amendments introduced by the\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003e\u003cstrong\u003eFinance Act 2025\u003c\/strong\u003e, the book covers in depth the law, procedures, and judicial interpretations relevant for the Assessment Years\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003e2025-26\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eand\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003e2026-27. It explains complex provisions of the Income-tax Act through detailed commentary, over 600 illustrations, practical examples, and a wealth of case studies.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe current Edition particularly focuses on:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eNew Tax Regime\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eand its practical implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eTax Planning\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eavenues for professionals and taxpayers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eRecent landmark rulings\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eby courts, along with the latest Circulars and Notifications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eCase Studies\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003edemonstrating practical scenarios and problem-solving approaches\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book aims to\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003esimplify and clarify\u003cspan class=\"apple-converted-space\"\u003e\u003cstrong\u003e \u003c\/strong\u003e\u003c\/span\u003edirect tax provisions so that readers—from beginners to seasoned professionals—can understand and apply the law effectively.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProfessionals \u0026amp; Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Chartered Accountants, Tax Consultants, Advocates, and other finance professionals who need a reliable and up-to-date reference on direct tax law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporates \u0026amp; Businesses\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Tax departments and compliance officers seeking in-depth coverage of corporate taxation, Minimum Alternate Tax (MAT), Transfer Pricing, and Business Restructuring\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment Officials \u0026amp; Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Income Tax Officers, Department staff, and policymakers can use it to clarify legislative amendments and judicial interpretations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2025 Edition for Assessment Years 2025-26 \u0026amp; 2026-27, authored by Dr Vinod K. Singhania \u0026amp; Dr Kapil Singhania, incorporating all the amendments made by t\u003c\/span\u003e\u003cspan\u003ehe Finance Act 2025. \u003c\/span\u003e\u003cspan\u003eThe salient features of this book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThorough Revision \u0026amp; Updates\u003c\/strong\u003e] Incorporates all amendments made by the Finance Act 2025. It also includes the latest circulars and notifications, ensuring up-to-date legal references\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLucid Commentary\u003c\/strong\u003e] Complex provisions are explained methodically in numbered paragraphs and sub-paragraphs. The emphasis is on practical application; each point is closely tied to practical scenarios\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Illustrations \u0026amp; Case Studies\u003c\/strong\u003e] 600+ examples and illustrations that clarify typical and complex tax scenarios. Case Studies are also included to showcase how the law is applied in practice, including debatable issues and their logical conclusions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSpecial Focus on Tax Planning \u0026amp; New Tax Regimes\u003c\/strong\u003e] Hints \u0026amp; strategies are given for optimised tax planning. It also incorporates analysis of new tax regimes and their implications for different categories of taxpayers\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCoverage of Judicial Interpretations\u003c\/strong\u003e] Discussion of landmark rulings of various courts to explain how statutory provisions have evolved and are interpreted\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eReader-friendly Structure\u003c\/strong\u003e] The book follows a logical arrangement of chapters with paras and sub-paras. Important topics like Transfer Pricing, Business Restructuring, and GAAR are discussed in detail. FAQs are also given in relevant chapters to address common queries\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBasic Concepts \u0026amp; Residential Status\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eFoundational aspects such as Assessment Year, Previous Year, scope of total income, and residential status rules\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHeads of Income\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eComprehensive coverage on Salaries, House Property, Business\/Profession, Capital Gains, and Other Sources—complete with illustrations and problem-solving guides\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eClubbing Provisions \u0026amp; Set-off\/Carry Forward\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDetailed explanation on including others' income and adjusting losses within\/between heads\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDeductions \u0026amp; Exemptions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eExhaustive commentary on Chapters VI-A, including new sections related to interest deductions, donations, and specialised deductions for businesses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTaxation of Various Entities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecialised chapters on Individuals, HUFs, Firms, LLPs, AOPs, Companies, and Co-operative Societies—covering their respective tax rates and unique provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCharitable Trusts \u0026amp; Institutions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eAnalysis of exemptions and conditions under sections 11 to 13, plus how to compute taxable income if exemptions are forfeited\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAssessment Procedures\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eFrom filing returns, revised returns, and updated returns to inquiries, scrutiny assessments, best judgment, and reassessments\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePenalties, Prosecutions \u0026amp; Interests\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDetails on penalty provisions, offences, and interest calculations for defaults and non-compliances\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTDS\/TCS Mechanisms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eNuances of withholding tax (TDS) and tax collection at source, returns, compliance obligations, and penal consequences\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppeals \u0026amp; Revisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eProcedure for appeals before CIT(A), ITAT, High Court, and Supreme Court, along with revisions by the Commissioner\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Taxation \u0026amp; Transfer Pricing\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eRules and methods for Arm's Length Pricing, APA (Advance Pricing Agreements), Safe Harbour, and BEPS-related measures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBusiness Restructuring\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eTax implications of Amalgamation, Demerger, Slump Sale, Conversion of firms\/companies, etc.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGAAR \u0026amp; Anti-Avoidance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eGuidance on General Anti-Avoidance Rule—its applicability and procedure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Studies \u0026amp; FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eHelping reinforce concepts with practical insights and step-by-step solutions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter-wise Format\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each chapter corresponds to a specific head of income or conceptual area\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eParas \u0026amp; Sub-Paras\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Content is broken down into logically numbered segments for quick reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIllustrations \u0026amp; Examples\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Integrated throughout the chapters to demonstrate computations, planning, and compliance steps\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Law References\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Key judgments are interspersed where relevant; these are typically highlighted or footnoted to guide further reading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnexures \u0026amp; Indexes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAnnexures\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e offer ready reference to tax rates, depreciation schedules, and relevant schedules in the Income-tax Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection-wise Index\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e helps the reader directly locate statutory provisions and commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803343466577,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1744286462785_1_9789364552103_Detail-Page.jpg?v=1744361555"},{"product_id":"taxmanns-gold-taxation-by-meenakshi-subramaniam","title":"Taxmann's Gold \u0026 Taxation by Meenakshi Subramaniam","description":"\u003cp\u003e\u003cstrong\u003eTaxmann's Gold \u0026amp; Taxation by Meenakshi Subramaniam\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eGold \u0026amp; Taxation is the first and only dedicated treatise in India on the taxation of gold and silver across all forms of ownership, investment, and trade. Now in its Fifth Edition, the book has been comprehensively revised to incorporate the Income-tax Act 2025 (ITA 2025), the Union Budget 2026, and the latest GST framework applicable to the gold and silver sector.\u003c\/p\u003e\n\u003cp\u003eThe book's scope is comprehensive. It covers gold in all its forms—jewellery, ornaments, coins, biscuits, bars, utensils, Gold ETFs, Sovereign Gold Bonds, Gold Mutual Funds, Electronic Gold Receipts, gold futures and options, and gold held in bank lockers. Silver is treated as a co-equal subject, with its own dedicated chapter covering jewellery, coins, bars, silverware, and Silver ETFs. GST is addressed at the retail and trader levels, and through the full apparatus of HSN codes, rates, input tax credit, and compliance forms.\u003c\/p\u003e\n\u003cp\u003eThe writing style is a deliberate departure from the impenetrable prose typical of legal reference books. The author deploys anecdote, wit, rhetorical questions, and worked examples alongside hard statutory text, making the book genuinely engaging. The preface itself opens with a conversation between Chitragupta and a wealthy soul who failed to pay income tax on his gold—immediately signalling the register in which the book operates.\u003c\/p\u003e\n\u003cp\u003eThe book serves a wide but defined audience, each segment finding something directly actionable:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eIndividual Taxpayers and Families\u003c\/strong\u003e who own gold and want to understand what they can legally hold, how to document it, what happens during an income-tax raid, and how to plan capital gains efficiently\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWomen and Families Navigating Stridhan Claims\u003c\/strong\u003e—the book provides a definitive and deeply cited treatment of stridhan under Hindu law and income-tax law, supported by High Court and Tribunal rulings, making it essential reading for anyone whose jewellery might face scrutiny\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eJewellers, Bullion Traders, Karigar Operators, and Goldsmith Businesses\u003c\/strong\u003e who need authoritative guidance on books of account, FIFO compliance, GST registration, Input Tax Credit mechanics, reverse charge, job worker provisions, making charges, and the consequences of LIFO adoption\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants, Tax Advocates, and Consultants \u003c\/strong\u003erepresenting clients in search and seizure matters, unexplained investment additions, valuation disputes, undisclosed gold cases, and trader compliance audits\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eInvestors in Gold ETFs, Sovereign Gold Bonds, Gold Mutual Funds, Silver ETFs, Gold Futures and Options, and Electronic Gold Receipts\u003c\/strong\u003e—all of whom need precise and current tax treatment for each instrument\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNRIs\u003c\/strong\u003e who wish to invest in gold in India and need to navigate the TDS\/TCS regime, DTAA benefits, repatriation rules, and NRE vs NRO account choices\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudents and Professionals\u003c\/strong\u003e seeking clarity on how the new Income-tax Act 2025 treats gold provisions relative to the Income-tax Act 1961\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition, authored by Meenakshi Subramaniam, with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFirst Book of its Kind\u003c\/strong\u003e] The only dedicated treatise in India on gold taxation—consolidating income-tax law, GST, valuation, case law, and investment taxation into a single volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated for ITA 2025\u003c\/strong\u003e] Every provision cited under the new Act with ITA 1961 cross-references in brackets—e.g., Section 247 of ITA 2025 [Corresponding to Section 132 of ITA 1961]\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBudget 2026 Incorporated\u003c\/strong\u003e] Reflects all Union Budget 2026 amendments, including status quo on CBDT Instruction No. 1916 gold holding thresholds\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCapital Gains Overhaul\u003c\/strong\u003e] Removal of indexation, 12.5% LTCG rate, and slab-rate STCG—fully analysed with worked illustrations and planning strategies\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExtensive Case Law\u003c\/strong\u003e] Rulings from the Supreme Court, seventeen High Courts, and ITAT—spanning decades, with outcomes clearly stated for direct practitioner use\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFAQ Architecture\u003c\/strong\u003e] Every chapter ends with a structured, theme-categorised FAQ section addressing the questions practitioners and taxpayers actually ask\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Numerical Scenarios\u003c\/strong\u003e] Multiple labelled scenarios per chapter—tracing transactions from facts through computation to final tax payable\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComparative Tables\u003c\/strong\u003e] Side-by-side comparisons across instruments, schemes, and tax treatments—including GDS 1999 vs GMS 2015, Gold ETFs vs Sovereign Gold Bonds, and CBDT seizure limit calculations by family composition\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDual Tax Coverage\u003c\/strong\u003e] Income tax and GST both addressed—including HSN codes, making charges, ITC, karigar services, job worker provisions, composition scheme, and anti-profiteering\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSilver as Primary Subject\u003c\/strong\u003e] Dedicated coverage of silver jewellery, coins, bars, silverware, and Silver ETFs across income tax and GST\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eITA 2025 Digital Search\u003c\/strong\u003e] Among the first publications to analyse the new statutory authority to override encryption, access cloud data, and intercept WhatsApp communications in gold-related searches\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePMLA Intersection\u003c\/strong\u003e] Covers the 2020 notification bringing jewellers under PMLA, KYC thresholds for cash gold transactions, and rulings where PMLA proceedings overrode income-tax search actions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eHow Much Gold Can You Hold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDismantles the misconception that CBDT Instruction No. 1916 caps ownership—it governs seizure only. Covers family-wise limits (500\/250\/100 gm), the seizure-vs-assessment legal split across High Courts, and the ₹1.2 crore protection available to a four-member family within prescribed thresholds\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eSearch, Seizure \u0026amp; Income-Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull analysis of Section 247, ITA 2025—powers of entry, seizure, and electronic access—with case law on stock-in-trade seizures, survey-to-search conversions, PMLA override, and appreciation in value additions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDigital Search\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNew ITA 2025 provisions authorising override of encryption, cloud access, and WhatsApp interception; Section 249 non-disclosure of reasons; two digital evidence case studies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold Monetisation Scheme\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eStep-by-step deposit process, twin tax exemptions (interest \u0026amp; capital gains), revamped 2021 structure, and a seven-parameter comparison table against the 1999 Gold Deposit Scheme\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eSovereign Gold Bonds\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTax profile post-Budget 2024—maturity exemption, secondary market LTCG liability, interest taxability, no TDS, and after-tax comparison with Gold ETFs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eUndisclosed \u0026amp; Unexplained Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAll six unexplained income heads (Sections 102–106, 195 of ITA 2025), revised tax rates, penalty changes, demonetisation case law, and the ₹2 lakh cash transaction limit under Section 186\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold ETFs\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRevised tax rules from 1\u003csup\u003est\u003c\/sup\u003e April 2025—STCG at slab rate (under 12 months), LTCG at 12.5% (over 12 months); tax-saving illustration for 13-month vs. 11-month holding\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold Coins\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOutside CBDT Instruction No. 1916—can be seized regardless of weight; gift taxation, capital gains treatment, and classification case law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eCapital Gains Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePost-Finance Act 2024 framework—12.5% LTCG (over 24 months), slab-rate STCG, indexation removal impact, deductible expenses, Sections 85\/86 exemptions, EGR conversion neutrality, and five worked scenarios including full Section 54F elimination of tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eValuation of Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSection 91, ITA 2025—Registered Valuer vs. Valuation Officer; midnight\/duress valuation challenges; stone exclusion from weight; twelve practical tips\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eTraders \u0026amp; Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFIFO as the only permissible inventory method; consequences of LIFO adoption; books of account standards; TDS inapplicability on melting loss; case law on goldsmith vs. merchant distinction\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eInheriting Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCourts' consistent acceptance of inherited jewellery as explained; documentation guidance—wills, wealth-tax returns, affidavits, remaking bills\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold \u0026amp; Silver Utensils\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCapital asset vs. personal effect distinction; case law on daily-use exemption; tips on quantity, weight, and variety\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eStridhan\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDefinitive treatment—Supreme Court foundation, five landmark income-tax cases, pin money protection, documentation, and constitutional bar on withholding stridhan as tax-recovery leverage\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold \u0026amp; GST\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eConsumer-level GST—3% on jewellery, 5% on making charges, exchange\/repair\/karigar\/gift treatment, reverse charge on customer gold sales\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGST \u0026amp; Gold Traders\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTrader compliance—supply definition, ITC, reverse charge, job worker provisions, hallmarking, instalment schemes, anti-profiteering, transitional provisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eSilver\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull silver coverage—jewellery (GST 3%\/12%), coins, bars, silverware, Silver ETFs; 2-month holding difference halves tax from 30% to 12.5%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold Mutual Funds\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eReclassified as debt funds from 1\u003csup\u003est\u003c\/sup\u003e April 2025; three-layer transitional tax treatment; SIP FIFO taxation illustrated; 2-day delay saves ₹26,250 on a ₹1.5 lakh gain\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eJewellery in Bank Lockers\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSearch warrant mechanics, separate warrant per locker, owner's presence not required; Delhi HC 2024 upholding surprise raid on private vaults\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold Futures \u0026amp; Options\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eBusiness income classification, ITR-3, Section 44AB audit trigger, loss set-off, allowable expenses\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eGold Biscuits\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCapital asset treatment, outside CBDT instruction protection, LTCG\/STCG computation, seizure case law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eNRIs \u0026amp; Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvestment avenues, SGB restrictions, repatriation rules, DTAA documentation, TDS at 30%\/20% vs. actual liability, CGAS deferral\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eTDS \u0026amp; TCS on Gold\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTDS on purchases (0.1% above ₹50L), cash purchases (1% above ₹2L), TCS on jewellery\/bullion sales, making charges, dealer gold coin commissions (194R), appraisal fees, and melting wastage exclusion from TDS\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAppendices\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAppendix 1 — Historical gold and silver rate tables for cost of acquisition computations\u003c\/li\u003e\n\u003cli\u003eAppendix 2 — CBDT Cost Inflation Index from FY 2001-02 for legacy transaction planning\u003c\/li\u003e\n\u003cli\u003eAppendices 3–7 — Full GST tariff (Chapter 71)—HSN codes, CGST\/SGST\/IGST rates for gold, silver, platinum, diamonds, and precious stones; GST forms for gold traders and karigar operators\u003c\/li\u003e\n\u003cli\u003eAppendix 8 — Consolidated table of income-tax forms relevant to gold\u003c\/li\u003e\n\u003cli\u003eAppendix 9 — Comparison matrix of gold investment vehicles—holding periods, tax rates, indexation, TDS\/TCS, CBDT instruction applicability\u003c\/li\u003e\n\u003cli\u003eAppendix 10 — Relevant income-tax and GST forms in a single reference\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eAnecdote-Led Chapters\u003c\/strong\u003e — Every chapter opens with a story or scenario to frame the issue accessibly—without compromising technical precision\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrimary Text Reproduced\u003c\/strong\u003e — CBDT Instruction No. 1916, Section 247 of ITA 2025, key Board circulars, and Finance Ministry clarifications reproduced in full—eliminating the need to consult separate volumes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDual-Citation Format\u003c\/strong\u003e — Every provision cited under ITA 2025 with the corresponding ITA 1961 section in brackets—a navigation aid for practitioners transitioning between the two Acts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCase Law with Outcomes\u003c\/strong\u003e — Each case summarises facts, taxpayer's argument, Revenue's argument, and outcome—enabling direct practitioner use without reading full tribunal orders\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTips Sections\u003c\/strong\u003e — Dedicated, numbered, plain-language tips distilled from case law and statute—Chapter 10 (Valuation) carries twelve tips; Chapter 13 (Utensils) carries four\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eScenarios with Solutions\u003c\/strong\u003e — Worked examples across capital gains, SIP timing, NRI planning, GMS returns, and ETF holding decisions—with transparent arithmetic under clear Scenario\/Solution headings\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803343499345,"sku":"9789364558914","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_6781657c-bcfd-4f44-afaa-42351b82bdc7.jpg?v=1776236840"},{"product_id":"taxation-of-start-ups-investors-by-taxmann","title":"Taxation of Start-ups \u0026 Investors by Taxmann","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive guide that simplifies the complex landscape of India's start-up ecosystem and its tax implications. Updated to incorporate the latest provisions from the Finance Act 2025, this book provides practical insights into eligibility criteria, legal structures, and tax benefits specifically tailored to start-ups. Combining foundational concepts with in-depth case studies and practical examples of Inter-Ministerial Board (IMB) approvals and rejections offers a 360-degree perspective on forming, financing, and operating a start-up in India.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax \u0026amp; Legal Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Chartered accountants, company secretaries, and legal advisors who guide start-ups through tax planning, compliance, and structuring decisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEntrepreneurs \u0026amp; Founders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Aspiring and early-stage entrepreneurs seeking clarity on recognition, eligibility, and tax holidays\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInvestors \u0026amp; Incubators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Angel investors, venture capitalists, and incubators looking to understand tax incentives and compliance requirements of the ventures they support\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePolicy Enthusiasts \u0026amp; Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Researchers and students studying India's start-up policies, especially those concerning direct taxes and MSME regulations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended by the Finance Act 2025. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eRevised MSME Criteria\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Detailed coverage of the revised investment and\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003eturnover limits of Micro, Small \u0026amp; Medium Enterprises (MSMEs) effective from April 1, 2025, and what it means for start-ups\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCase Studies\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Practical IMB (Inter-Ministerial Board) decisions and precedents that illustrate successful and rejected applications for tax holidays under Section 80-IAC\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIMB Guidelines \u0026amp; Best Practices\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Step-by-step guidance on preparing start-up pitch decks and video presentations for tax holiday applications, ensuring compliance with the latest norms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive Legal Analysis\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Explores different entity structures—Proprietorship, Partnership, LLP, Private Limited Company, One Person Company—and their tax implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eExhaustive Coverage of Section 80-IAC\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Clarity on eligibility criteria, application procedures, common pitfalls leading to rejection, and the interplay with other tax provisions such as MAT (Minimum Alternate Tax) and AMT (Alternate Minimum Tax)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAngel Tax and Section 68\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Detailed discussion of share premium taxation, the additional onus on start-ups to explain 'source of the source,' and compliance with sections 56(2)(viib) and 68\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCarry Forward \u0026amp; Set Off of Losses\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Special provisions for start-ups under Section 79 and how turnover thresholds impact these benefits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Tools \u0026amp; Appendices\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Includes relevant statutory references, rules, and sample documents for filings and registrations, plus official notifications and guidelines from DPIIT and MSME authorities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIllustrative Examples\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Contains a wide range of exemplars—successful transformations from sole proprietorship to LLP or private limited, plus rejections by IMB for non-compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFoundational Concepts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDefinition and distinction between 'entrepreneurship' and 'start-ups'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eOverview of the Start-up India Scheme and benefits for DPIIT-recognised start-ups\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eMSME classification and registration under the MSMED Act 2006\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStart-ups vs. MSMEs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRevised classification criteria effective April 1, 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eLegal distinctions and scenarios where an entity can be both a start-up and an MSME\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA step-by-step approach to Udyam Registration and the associated benefits\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEligibility Criteria for DPIIT Recognition\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eDetailed criteria for recognition (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003einnovation, scalable business model, wealth\/employment generation potential\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eForms of entities recognised (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eRegistered Partnership, LLP, Private Limited, OPC\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eExclusions (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eforeign-incorporated entities, subsidiaries\/holding companies, JVs, entities formed by mergers\/demergers, etc.\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOne Person Company (OPC) as a Start-up\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFeatures of an OPC, conversion rules, and tax implications\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDiscussion on foreign ownership, NRI incorporations, and the interplay with 'angel tax'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInnovation, Scalable Business Model \u0026amp; IMB Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eIllustrative examples of innovative start-ups approved or rejected by IMB\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComprehensive insights into documentation, pitch decks, and the significance of improvement vs. innovation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSplitting-up \/ Reconstruction Restrictions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eWhen an entity may lose DPIIT recognition due to re-structuring\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePractical rejection scenarios and best practices to avoid pitfalls\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProcedural Aspects \u0026amp; Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA step-by-step guide to filing for DPIIT recognition and IMB certification\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eName\/CIN\/LLPIN changes, conversions between different legal structures, and how they affect recognition\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Holidays \u0026amp; Incentives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCore provisions of Section 80-IAC, eligibility, conditions, and the interplay with MAT\/AMT\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCommon reasons for IMB rejections and how to address them\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFunding \u0026amp; Regulatory Challenges\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003e‘Angel tax’ under Section 56(2)(viib) and additional onus under Section 68\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eExplanation of 'source of the source,' debentures, loans, and how the Finance Act 2022 impacts start-ups\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePractical guidance on due diligence and e-verification of share capital\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCarry Forward \u0026amp; Set Off of Losses\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRelaxations provided to start-ups under Section 79\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eImpact of turnover exceeding thresholds on tax benefits\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eESOP Taxation for Start-up Employees\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSpecial regime for deferral of TDS or tax payment for employees of recognised start-ups\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFrequently asked questions and clarifications for employees and start-up founders\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Reference Materials\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDetailed Notifications, Circulars, and the New MSME Notification (NMN)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003e'Step-by-step' Guidelines for Recognition of Start-ups'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRelevant sections of the Income-tax Act, 1961, and the text of 'Start-up India' rules\/notifications\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConceptual Modules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each chapter addresses a core concept—like 'What is a Start-up,' 'Distinction Between Start-ups and MSMEs,' or 'One Person Company (OPC).' Sub-points break down definitions and examples in simple language\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical FAQs \u0026amp; Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Practical queries and official IMB outcomes are woven in, ensuring that readers see how rules apply on the ground\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProcedural Checklists\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Various forms, filing details, and stepwise instructions guide readers through regulatory compliance—from DPIIT recognition to tax filing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Official References\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The end sections compile new and old definitions of 'start-ups,' relevant Income-tax Act sections, and updated guidelines—so readers have a one-stop reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCross-referencing \u0026amp; Flow\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The book is designed to move logically from entity identification and registration to nuanced tax provisions, ensuring a smooth learning curve\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344187473,"sku":"9789364550864","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743080304257_1_9789364550864_Detail-Page-405x574.jpg?v=1743748328"},{"product_id":"taxation-of-loans-gifts-cash-credits-by-taxmann","title":"Taxation of Loans Gifts \u0026 Cash Credits by Taxmann","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive and up-to-date treatise on the entire gamut of legal provisions and practical issues surrounding unexplained cash credits, loans, deposits, borrowings, and gifts under the Income-tax Act 1961. Meticulously revised to incorporate changes introduced by the Finance Act 2025, it explains the interplay of Sections 68 to 69D in detail, along with donee-based taxation of gifts under Section 56(2)(x). It incorporates illustrative examples, flowcharts, and handy-ready reckoners; this book provides a practical roadmap for understanding how various unexplained or undisclosed amounts are taxed—and how to ensure proper compliance or defend contentious cases before tax authorities.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Tax Practitioners, and Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Looking for an in-depth analysis of the provisions dealing with unexplained income, loans, borrowings, gifts, and cash credits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Legal Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Needing clarity on litigation aspects, interpretation of law, and precedent-based strategies for appeals and dispute resolution\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Finance and Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Seeking guidance on best practices for structuring transactions, raising capital, receiving gifts or loans, and fulfilling disclosure requirements under the Income-tax Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndividuals and HUFs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Needing clarity on personal transactions such as family gifts, undisclosed investments, or receipts from relatives and their tax implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 14\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended by the Finance Act 2025. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive Guidance on Sections 68 to 69D\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Explains the taxation of unexplained cash credits, investments, money, bullion, undisclosed expenditures, and hundi transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDonee-based Taxation of Gifts\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Detailed coverage of Section 56(2)(x), including money gifts, immovable property, movable assets, artistic works, shares, and securities—complete with examples\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eReady Reckoners\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Instant reference tools listing out:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eLegal consequences of different types of 'investments' based on nature and source\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eWho qualifies as a 'relative' for tax-free gifts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTax implications for both donor\/transferor and donee\/transferee in respect of property transfers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFlowcharts and Practical Scenarios\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Step-by-step visual aids to clarify applicability, compliance requirements, and potential pitfalls under each section\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCase Law and Illustrations\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Judicial precedents and illustrative instances of additions, disallowances, and successful defences\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAnonymous Donations and Trusts\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Addresses the nuances of anonymous donations to charitable\/religious trusts—how they intersect with Section 68 and Section 115BBC\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAlphabetical Ready Reckoner\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A quick index that alphabetically compiles topics like bogus purchases, penny stocks, share application money, demonetisation scenarios, etc., for immediate look-up\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One – Undisclosed Income\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eChapters 1–18\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e comprehensively cover Sections 68 to 69D, exploring scenarios such as cash credits (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eincluding share capital, loans, and deposits\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), unexplained investments (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003elottery tickets, bullion, real estate\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), unexplained money (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eincluding demonetised currency\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), expenditures, and hundi transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDetailed discussions on detection by the Department, voluntary disclosures, and how to defend assessments or additions made by AO\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two – Donee-Based Taxation of Gifts of Money\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eChapters 19–25\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e analyse the entire framework under Section 56(2)(x) for taxing sums of money received as gifts, clarifying exemptions, relative definitions, monetary limits (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ethe INR 50,000 threshold\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), and exceptions (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003elike marriage or inheritance\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three – Taxation of Gifts of Immovable Property\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eChapters 26–32\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e discuss transactions involving land, buildings, or both—covering conditions for taxability, date of receipt, valuation (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003estamp duty value vs. consideration paid\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), partial consideration below fair market value, and capital gains consequences upon subsequent transfer\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Four – Taxation of Gifts of Movable Property\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eChapters 33–42\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e deal with movable assets (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eshares, securities, jewellery, bullion, artistic works\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), explaining fair market valuation rules, thresholds, and the interplay with Section 50CA, if applicable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 1–4\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e incorporate relevant extracts of the Income-tax Act 1961, Income-tax Rules 1962, guidelines for jewellery seizure during the search, and relevant provisions of the Securities Contracts (Regulation) Act 1956, among others\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlphabetical Ready Reckoner to Gifts, Loans \u0026amp; Cash Credits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA user-friendly, A-to-Z index of typical issues, case references, practical scenarios, and cross-references to the relevant chapter paragraphs—making research quick and efficient\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eThe book is logically segmented into four major divisions based on the type of transaction or asset (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eundisclosed income, gifts of money, gifts of immovable property, and gifts of movable property\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eEach division is subdivided into chapters that provide a focused, in-depth exploration of specific issues—supported by examples, judicial rulings, flowcharts, and practice notes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eKey highlights or 'ready reckoners' appear at the start of each division and frequently within chapters, offering snapshots of rules, definitions, and immediate checklists\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344220241,"sku":"9789364553254","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743161876131_1_9789364553254_Detail-Page-405x574.jpg?v=1743748217"},{"product_id":"income-tax-act-pocket-edition-by-taxmann","title":"Income Tax Act (Pocket Edition) by Taxmann","description":"\u003cp\u003e\u003cspan\u003eThe \u003c\/span\u003e\u003cem\u003e\u003cspan\u003eIncome Tax Act | POCKET\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e stands out as the quintessential reference for anyone dealing with Direct Taxes in India. Renowned for its impeccable accuracy and easy-to-carry pocket-sized format, this publication continues to lead as the most authoritative reference on the Income-tax Act 1961. Despite its compact size, the content remains comprehensive, making this book a one-stop solution for its readers.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals \u0026amp; Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Ideal for those who require a reliable and quick reference for tax-related statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners \u0026amp; Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Ensures seamless interpretation and application of Income-tax provisions in various legal contexts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians \u0026amp; Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A valuable resource for those teaching or studying tax law, ensuring accurate and updated references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 31\u003c\/span\u003e\u003csup\u003e\u003cspan\u003est\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended by the Finance Act 2025. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive Coverage\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One – Income-tax Act 1961\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eIncludes the full text of the Act, meticulously updated and annotated to reflect all changes introduced by the Finance Act 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eIt contains essential Validation Provisions that clarify the applicability of specific sections, aiding precise interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA well-curated Subject Index streamlines research by allowing the quick location of relevant sections and topics\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two – Finance Act 2025\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePresents the entire text of the Finance Act 2025, ensuring a complete understanding of the legislative changes impacting Direct Taxes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eUser-friendly Design and Accessibility\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eQuick Navigation Tools\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Folio-style section numbering and a detailed Table of Contents facilitate swift reference and cross-checking\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProminent Layout\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The text is laid out with clarity, making it easy to read and mark important references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eBestseller Legacy\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePart of Taxmann's trusted series, backed by over six decades of excellence\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eRelied upon by generations of tax professionals and students for its accuracy, reliability, and tradition of thorough updates\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eSix Sigma Quality Assurance\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCrafted and reviewed under the Six Sigma methodology to achieve a 'Zero Error' benchmark, guaranteeing one of the most reliable references in the realm of Direct Taxes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eEase of Portability\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The pocket-sized format makes it an excellent carry-along reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAuthoritative and Trusted\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Edited by Taxmann's Editorial Board, this publication embodies decades of editorial expertise in Indian taxation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344449617,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1744697442184_1_9789364555739_Detail-Page.jpg?v=1744784734"},{"product_id":"law-relating-to-search-seizure-book-by-raj-k-agarwal-rakesh-gupta","title":"Law Relating to Search \u0026 Seizure book by Raj K. Agarwal,Rakesh Gupta","description":"\u003cp\u003e\u003cspan\u003eThis book comprehensively analyses the legal, procedural, and practical aspects of search and seizure under the Income-tax Act, 1961. It provides an in-depth commentary on the complexities of the laws governing search and seizure, including procedural safeguards, taxpayer rights, and authorities' responsibilities. The primary focus is on the new block assessment scheme, \u003cem\u003eeffective from 1st September 2024\u003c\/em\u003e, detailing the procedural changes, implications, and contentious issues that redefine the assessment of search cases.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book covers landmark judgments from the Supreme Court, High Courts, and the Tribunals, providing insights into judicial interpretations that shape the application of these laws. Structured into detailed chapters, it covers key topics such as authorisation and conduct of search operations, seizure of assets, penalties, prosecutions, and the practical challenges taxpayers face. It also includes practical tools like FAQs, checklists, and model forms.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is helpful for tax consultants, corporate executives, academicians, students, and tax administrators, providing both legal clarity and practical guidance on handling search and seizure under the Income-tax law.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 10\u003csup\u003eth\u003c\/sup\u003e Edition and has been amended by the Finance (No. 2) Act, 2024. This book is authored by Dr Raj K. Agarwal \u0026amp; Dr Rakesh Gupta with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Legal Analysis\u003c\/strong\u003e] Provides an exhaustive commentary on the provisions related to search and seizure under the Income-tax Act, 1961, with a focus on Sections 153A to 153D. The book also addresses the historical development, objectives, and practical implications of these provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePractical Guidance and Tools\u003c\/strong\u003e] Features FAQs, checklists, and summaries of significant judgments, providing readers with practical advice and immediate solutions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIncorporates Latest Amendments\u003c\/strong\u003e] The book includes the latest amendments by the Finance (No. 2) Act, 2024, with in-depth discussions on the new block assessment scheme\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBalanced Discussion on Controversial Issues\u003c\/strong\u003e] The book discusses contentious issues, presenting divergent views from professional circles and judicial pronouncements. It aims to provide a balanced perspective, with the authors occasionally expressing their professional opinions based on years of practical experience\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnalysis of Landmark Judgments\u003c\/strong\u003e] Includes detailed discussions of key judgments delivered by the Supreme Court, various High Courts, and Tribunals\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIn-depth Examination of New Assessment Procedures\u003c\/strong\u003e] Special focus on the new assessment procedure in search cases, applicable from 1st September, 2024, and further updates with recent amendments. The book addresses how these changes affect both the legal framework and practical aspects of handling search and seizure actions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendices and Supplementary Resources\u003c\/strong\u003e] The book includes a variety of appendices with additional resources such as the Taxpayers' Charter, model forms used during searches, ground rules, and relevant sections from related legal frameworks\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGuidance on Constitutional Validity and Legal Safeguards\u003c\/strong\u003e] Discusses the constitutional challenges associated with search and seizure provisions, including privacy concerns and the legal safeguards in place to protect taxpayers' rights\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInternational Comparisons\u003c\/strong\u003e] Provides a comparative overview of search and seizure laws in other jurisdictions, helping readers understand how India's legal framework aligns with or differs from international standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe key highlights of the structure of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eUser-friendly\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEach chapter is designed to address specific aspects of search and seizure, making it easier for readers to find relevant information\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePractical Focus\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEmphasises practical aspects, including FAQs, checklists, and model forms, providing actionable guidance for practitioners and taxpayers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eCase Laws\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIntegrates significant judicial decisions, providing legal perspectives and helping readers understand how courts have interpreted various provisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eMulti-edition Updates\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe book reflects continuous updates across multiple editions, incorporating the latest amendments, judicial pronouncements, and evolving legal standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344482385,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1726121519256_9789364552370_Listing-Page.jpg?v=1729063839"},{"product_id":"taxmanns-taxation-of-real-estate-developers-and-joint-development-arrangements-with-accounting-aspects-book-by-raj-k-agarwal-and-rakesh-gupta","title":"Taxmann's Taxation of Real Estate Developers and Joint Development Arrangements with Accounting Aspects book by Raj K. Agarwal and Rakesh Gupta","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/QFUY-kfhCC0\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eTaxmann's Taxation of Real Estate Developers and Joint Development Arrangements with Accounting Aspects book by Raj K. Agarwal and Rakesh Gupta \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eTaxation of Real Estate Developers \u0026amp; Joint Development Arrangements with Accounting Aspects is one of the most authoritative and exhaustive treatises available on the taxation of real estate transactions in India, with a specialist focus on joint development arrangements (JDAs)—a structuring mechanism whose tax treatment remains among the most contested and evolving areas of income tax law. The book is uniquely significant for the current year, as it also integrates the provisions of the new Income-tax Act 2025 (effective from 1\u003csup\u003est\u003c\/sup\u003e April 2026 for Tax Year 2026-27) alongside corresponding cross-references to the Income-tax Act 1961. This dual-statute mapping—spanning every substantive section discussed—makes it an indispensable reference during the transition to the recodified statute.\u003c\/p\u003e\n\u003cp\u003eThe authors, both practising for over four decades and each holding fellowship of ICAI, ICSI, and associateship of ICAI (Cost), bring an uncommon combination of professional practice depth, appellate tribunal experience, and academic rigour to a subject that straddles income tax, accounting standards, and commercial law. The book addresses the tax positions of two of the three principal stakeholders in a JDA—the land owner and the developer—with the accounting dimension treated not as an appendix but as an integral analytical layer woven throughout.\u003c\/p\u003e\n\u003cp\u003eThe book is written for practitioners operating at the intersection of real estate, taxation, and accounts. Its primary readership includes:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants\u003c\/strong\u003e engaged in tax advisory, audit, or litigation involving real estate developers, builders, and landowners\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdvocates and Tax Consultants\u003c\/strong\u003e representing clients before Income Tax Appellate Tribunals, High Courts, and the Supreme Court in real estate tax disputes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCompany Secretaries and Cost Accountants\u003c\/strong\u003e advising on structuring of real estate transactions and compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Finance and Legal Teams\u003c\/strong\u003e of real estate development companies, housing finance entities, and large land-owning trusts or families\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTax Officials and ITAT Members\u003c\/strong\u003e seeking a consolidated reference on divergent judicial positions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAcademics and Researchers\u003c\/strong\u003e in taxation and real estate law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe text assumes advanced domain familiarity—it does not simplify concepts for a generalist audience but instead addresses points of genuine legal controversy and professional judgment with analytical depth.\u003c\/p\u003e\n\u003cp\u003eThe Present Publication is the 9\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. This book is authored by Dr Raj K. Agarwal \u0026amp; Dr Rakesh Gupta with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eDual-Statute Cross-Referencing\u003c\/strong\u003e] Every provision of the Income-tax Act 1961 discussed in the book is mapped to its corresponding section in the new Income-tax Act 2025. This is done systematically throughout the text—not merely in footnotes—making the book actionable both for matters still pending under the 1961 Act and for fresh assessments under the 2025 Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIssue-Based Architecture\u003c\/strong\u003e] Rather than organising content section-by-section in a commentary format, the book is structured around discrete, practical tax issues and controversies. Each issue is framed as a question or problem statement, followed by analysis of the statutory position, the accounting treatment, and the judicial view—including conflicting High Court and ITAT decisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Judicial Digest\u003c\/strong\u003e] The List of Cases spanning multiple pages covers decisions of the Supreme Court, all major High Courts, and the ITAT—including very recent rulings up to 2025. Each case is cross-referenced to the specific paragraph where it is discussed, enabling targeted look-up\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAccounting Standards Fully Integrated\u003c\/strong\u003e] The accounting treatment for real estate transactions is not relegated to a standalone chapter. The book analyses the evolution from AS-7 (1983 and Revised 2002) through AS-9, the ICAI Guidance Note of 2006, the Revised Guidance Note of 2012, IFRS 15, IFRIC 15, and the Income Computation and Disclosure Standards (ICDS-III and ICDS-IV)—and then maps each standard's principles directly onto the income tax computation framework\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection 45(5A)\/Section 67(14)—Dedicated Chapter\u003c\/strong\u003e] The introduction of section 45(5A) by the Finance Act 2017 (now section 67(14) of the Income-tax Act 2025) fundamentally altered the capital gains landscape for JDA land owners. The book contains a full chapter devoted to the analysis of this provision, including its scope, conditions, valuation of stamp duty consideration, and the several unresolved controversies that have emerged since its introduction\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e'On Money' and Search Case Scenarios\u003c\/strong\u003e] Uniquely, the book addresses the practical realities of income tax search and seizure proceedings in real estate cases—including the tax treatment of 'on money' receipts, extrapolation methodologies used by the department, best judgment assessments, and the manner of additions where unaccounted income and expenses are both evidenced\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book covers the following substantive areas:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eFor the Developer\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRevenue Recognition Methodology — The foundational controversy between the Completed Contract Method (CCM) and the Percentage of Completion Method (PCM)—is examined exhaustively across three distinct legal periods: pre-2003 (AS-7 era), post-2003 (AS-9 and Guidance Note era), and the current Ind AS\/ICDS framework. The judicial controversy spanning decades and jurisdictions is mapped comprehensively. Specific issues addressed include\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eValuation of WIP and inventory\u003c\/li\u003e\n\u003cli\u003eAllowability of foreseeable losses\u003c\/li\u003e\n\u003cli\u003eMatching of advertisement, commission, and borrowing costs\u003c\/li\u003e\n\u003cli\u003eTaxability of rental income from stock-in-trade\u003c\/li\u003e\n\u003cli\u003eTransfer charges\u003c\/li\u003e\n\u003cli\u003eTransferable Development Rights (TDRs)\u003c\/li\u003e\n\u003cli\u003eCancellation of bookings\u003c\/li\u003e\n\u003cli\u003eMAT applicability\u003c\/li\u003e\n\u003cli\u003eTax treatment of advances received from customers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eFor the Land Owner\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe determination of whether land contributed under a JDA is a capital asset or a business asset is analysed with reference to judicial divergence across multiple High Courts. The year of transfer of land—a question that has produced some of the most contested and contradictory judicial pronouncements in Indian real estate tax law—is examined through the lens of every major decision. Issues of conversion of capital asset into stock-in-trade under section 45(2)\/67(6), the definition of 'transfer' under section 2(47)\/2(109), and the full-value of consideration in kind are covered in depth\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDeeming Provisions — Stamp Duty, Deemed Income, and Deemed Consideration\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 14 is one of the most practically valuable sections of the book, dedicated to the three interlocking deeming provisions that affect both developers and land owners: section 50C\/sections 2(110) \u0026amp; 78 (deemed sale consideration for capital assets), section 43CA\/section 53 (deemed sale consideration for stock-in-trade), and section 56(2)(x)(b)\/section 92(2)(m)(ii) (deemed income in the hands of the buyer or recipient). The book addresses over twenty distinct issues arising from each provision, including applicability to leasehold rights, development rights, pre-possession transfers, depreciable assets, related-party transactions, JDA consideration in kind, and the interplay with exemptions under sections 54\/54F\/82\/86\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAffordable Housing — Section 80-IBA\/Section 142\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA dedicated chapter analyses the deduction available to developers of affordable housing projects under section 80-IBA of the 1961 Act (section 142 of the 2025 Act), including eligibility conditions, project size parameters, carpet area restrictions, and judicial developments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAgricultural Land\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe taxability of capital gains on transfer of agricultural land—including urban and rural classifications, exemptions, and computation nuances—is covered as a discrete chapter given its frequent occurrence in JDA structures where agricultural land is brought into development\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e15 Substantive Chapters\u003c\/strong\u003e covering the full spectrum from JDA formation and structure through developer taxation, accounting standards, IFRS, ICDS, landowner taxation, capital vs. business asset determination, conversion provisions, the definition of transfer, deeming provisions (section 50C\/43CA\/56(2)(x)), the JDA-specific capital gains provision (section 45(5A)), agricultural land, and affordable housing\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e8 Appendices Reproducing Primary Texts\u003c\/strong\u003e — AS-7 (Construction Contracts) in full, AS-9 (Revenue Recognition) in full, AS-27 (Financial Reporting of Interests in Joint Ventures) in full, Census 2011 urbanisation data (relevant for classifying agricultural land), IAS 11 (Construction Contracts), ICDS-III and ICDS-IV, relevant provisions of the Income-tax Act 2025 (with 1961 Act mapping), and CBDT Notifications SO 9447 and 11186 on urbanisation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e35+ Pages of Case Law Index\u003c\/strong\u003e mapping hundreds of decisions alphabetically to the specific paragraphs within the text where they are discussed—enabling rapid look-up by case name during argument preparation\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344515153,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_33f2304e-9004-4b0e-a512-e7a364b8a20e.jpg?v=1775643206"},{"product_id":"cross-border-transactions-under-tax-laws-fema-book-by-g-gokul-kishore-r-subhashree","title":"Cross-Border Transactions under Tax Laws \u0026 FEMA book by G. Gokul Kishore,R. Subhashree","description":"\u003cp\u003e\u003cspan\u003eCross-border transactions—whether it is the import and export of goods or services—are increasingly complex in today's globalised marketplace. Multiple laws and regulations come into play, including the \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIncome Tax Act\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ewith transfer pricing, permanent establishment, withholding tax obligations, and the claim of treaty benefits\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), the \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCustoms Act\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ecovering valuation and exemptions\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), the \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIGST Act\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003edealing with the place of supply, export\/import of services, and refunds\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), and \u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFEMA\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ealong with RBI regulations on foreign exchange and cross-border payments\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e). This book comprehensively brings these threads together in one place. It addresses the interplay between direct and indirect taxes and foreign exchange regulations so businesses and professionals can achieve tax efficiency while remaining compliant. It offers the latest legal amendments, relevant judicial decisions, and practical guidance that simplify each aspect of cross-border taxation and regulatory requirements.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals \u0026amp; Chartered Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Practitioners seeking a unified source for both direct and indirect tax implications in cross-border transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners \u0026amp; In-house Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Attorneys handling cross-border trade, dispute resolution, and corporate law aspects, needing clarity on Customs, GST (IGST), Income Tax, and FEMA matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndustry Professionals \u0026amp; CFOs \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Corporate decision-makers and finance teams involved in international operations, responsible for compliance and strategic tax planning\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegulators \u0026amp; Adjudicating Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Government officers dealing with assessments and appellate proceedings in cross-border tax matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademics \u0026amp; Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Researchers and students pursuing specialised courses in international taxation or customs law, looking for detailed coverage and interpretations of evolving legislation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan class=\"15\"\u003e \u003c\/span\u003e\u003cspan\u003eEdition | 2025, amended by the Finance Act 2025. This book is authored by Dr Gokul Kishore \u0026amp; R. Subhashree, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAll-in-one Reference\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Addresses Income Tax, Customs, IGST, and FEMA\/RBI regulations side-by-side for cross-border transactions involving goods or services\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Insights\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Provides industry-focused explanations on valuation, tax residency, PE creation, transfer pricing, withholding tax obligations, and foreign tax credits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eLegal Clarity\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Discusses complex concepts like Permanent Establishment, Double Taxation Avoidance Agreements (DTAAs), Customs Valuation Rules, and GST place-of-supply with updated Finance Act 2025 amendments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCustoms \u0026amp; Export Promotion\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Explains notifications, exemptions, and schemes under the new Foreign Trade Policy\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFEMA \u0026amp; RBI Regulations\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Offers a dedicated chapter on cross-border currency flows, setting up branch\/liaison offices in India, and compliance with RBI's Master Directions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDispute Resolution Mechanisms\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Clarifies litigation and alternative dispute resolution under direct tax laws, customs law, GST, and FEMA\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCase Laws \u0026amp; Judicial Interpretations\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Incorporates over 400 relevant cases, departmental circulars, and references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAuthors' Credentials\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eDr G. Gokul Kishore\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e has 30+ years of experience in Indirect Taxes, including in the Central Excise Department and a Tier-1 law firm. He has published over 400 articles and regularly conducts training for tax officers and industry\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eR. Subhashree\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is an Advocate specialising in Income Tax, focusing on domestic and international taxation. She has 17 years of writing experience and has advised extensively on DTAAs, FTS, and royalty\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Valuation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDetailed commentary on Section 14, Valuation Rules, under-valuation vs. over-valuation risks, and potential adjustments when buyer-seller are related\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTransfer Pricing\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eArm's length principle, selection of comparables, various methods for determining ALP, marketing intangibles, secondary adjustments, and inter-company cost-sharing\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePermanent Establishment \u0026amp; DTAAs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eConditions triggering PE, attribution of profits, complexities of 'agency PE,' construction PE, and using DTAAs to optimise and manage tax exposure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWithholding Obligations, Foreign Tax Credit \u0026amp; Tax Residency\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTDS complexities under cross-border scenarios, the interplay of treaties, claiming FTC, and residency rules\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRoyalty \u0026amp; Fees for Technical Services (FTS)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eScope of definitions, typical controversies, and judicial rulings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eImport \u0026amp; Export under IGST Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePlace of supply rules, export of services, zero-rated supply, inter-branch transactions, and refund procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Exemptions \u0026amp; Export Promotion Schemes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComprehensive guidance on notifications, general and specific exemptions, duty drawbacks, Advance Authorizations, EPCG, and other incentives\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFEMA \u0026amp; RBI Regulations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSetting up and operating liaison\/branch offices in India, ODI\/FDI regulations, receipt of export proceeds, repatriation, and cross-border structuring from a regulatory viewpoint\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDispute Resolution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePathways to litigation under Customs, GST, and Income Tax, appellate mechanisms, and alternative dispute resolution under direct tax law\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 | Customs Valuation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Concepts, rules, and case analyses on valuation of imports and exports\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 | Transfer Pricing\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – International transactions, associated enterprises, ALP methods, controversies, and best practices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 | Permanent Establishment \u0026amp; DTAAs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Conceptual framework of PE, types of PEs, DTAA provisions, and profit attribution\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 | Withholding \u0026amp; Other Incomes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Royalty, FTS, interest, dividend, foreign tax credit, tax residency, TDS obligations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 | Import \u0026amp; Export under IGST Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Place of supply rules, zero-rated supply, refunds, and compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 | Customs Exemptions \u0026amp; FTP Schemes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Comprehensive coverage of statutory exemptions, Foreign Trade Policy benefits, and procedures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 | Export \u0026amp; Import under FEMA \u0026amp; RBI Regulations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Regulatory framework for cross-border payments and establishment of foreign entities in India\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 | Dispute Resolution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Statutory dispute resolution processes and forums for direct\/indirect taxes, plus ADR in income tax\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSubject Index \u0026amp; Case Index\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Quick references for rulings and topics, ensuring easy navigation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344646225,"sku":"9789364556583","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743407147047_1_9789364556583-_-Detail-Page.jpg?v=1743748114"},{"product_id":"faceless-assessment-appeals-penalty-ready-reckoner-with-real-time-case-studies-book-by-mayank-mohanka","title":"Faceless Assessment Appeals \u0026 Penalty Ready Reckoner with Real-Time Case Studies book by Mayank Mohanka","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive and practitioner-oriented guide to India's newly evolved Faceless Taxation Regime. It deciphers the intricacies of Faceless Assessments, Appeals, and Penalty proceedings under the Income-tax Act 1961. It aims to help readers adapt to cutting-edge digital methods, harness AI\/ML tools used by the Tax Department, and effectively respond to statutory notices and compliance requirements step-by-step.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners \u0026amp; Chartered Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– To navigate and effectively handle the scrutiny, appeals, and penalty proceedings in the Faceless Regime\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Teams \u0026amp; CFOs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– For ensuring accurate and compliant submissions, especially for large or complex cases involving reassessments, appeals, and penalty matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal Practitioners \u0026amp; Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– For building robust representations, leveraging case studies and judicial precedents tailored to faceless scrutiny and appeals\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents \u0026amp; Academicians\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– As a reference for understanding how traditional procedures have transformed under the Faceless framework and for in-depth knowledge of practical, real-world scenarios\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStart-ups \u0026amp; MSMEs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– To stay informed of essential compliance procedures, especially regarding digital notices, e-proceedings, and the use of AI in risk assessments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003csup\u003eth\u003c\/sup\u003e Edition | 2025 and amended by the Finance Act 2025. This book is authored by Mayank Mohanka, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Faceless Ecosystem Coverage\u003c\/strong\u003e] Detailed guidance on Faceless Assessments (\u003cem\u003esection 144B\u003c\/em\u003e), Faceless Appeals, Faceless Penalty proceedings, and other digital compliance schemes (\u003cem\u003ee.g., e-Verification, e-Advance Rulings, e-Settlement\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Studies \u0026amp; E-Proceeding Snapshots\u003c\/strong\u003e] Step-by-step walk-through of e-Proceedings with actual screenshots from the Income-tax e-filing portal, giving readers a hands-on perspective of how to respond to notices in practice\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eReady-to-use Draft Submissions\u003c\/strong\u003e] Suggestive replies\/e-submissions addressing recurring additions\/disallowances (\u003cem\u003ee.g., penny stock LTCG, disallowance under section 14A, denial of new tax regime benefits, AIS-based additions, etc.\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePrinciple of Natural Justice\u003c\/strong\u003e] Comprehensive insights into personal hearing through Video Conferencing, the legal sanctity of show-cause notices (SCNs), and recent judicial precedents clarifying fair opportunity norms\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCritical Insights on New Reassessment Regime\u003c\/strong\u003e] Thorough explanation of the substituted provisions, 'information in possession, 'and limitations. It also includes illustrative scenarios of reopened assessments and robust sample replies\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInternational Best Practices\u003c\/strong\u003e] Overview of digital transformation trends in tax administrations worldwide, benchmarked against India's faceless initiatives\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIntroduction \u0026amp; Legal Framework\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEvolution of the Faceless Regime, including legislative changes made by the Finance Acts 2022 through 2025\u003c\/li\u003e\n\u003cli\u003eComparison of conventional vs. faceless proceedings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePractical Guides\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003ee-Proceedings Utility\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– How to file timely and accurate responses, handle attachments within space constraints, and track each stage of assessment digitally\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eFaceless Reassessment\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Under the newly introduced provisions of section 148A and beyond\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eFaceless Appeals \u0026amp; Penalty\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– A close look at the 2021 \u0026amp; subsequent amendment schemes, covering the conduct of appeals, penalty triggers, and the procedure of personal hearings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCase Studies \u0026amp; Ready Reckoners\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eHigh-impact issues include disallowance for new tax regime claims, the addition of share capital as unexplained cash credits, penny stocks LTCG, bogus purchases, and more. Each topic includes sample replies and judicial references\u003c\/li\u003e\n\u003cli\u003eCoverage of AIS-based scrutiny, foreign bank account addition, mismatch of TDS, property purchases, and intangible adjustments (IND AS)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReference Materials \u0026amp; Appendices\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the notified schemes (e.g., Faceless Penalty Scheme, e-Assessment of Income Escaping Assessment Scheme, e-Verification Scheme, etc.), accompanied by relevant CBDT circulars and FAQs\u003c\/li\u003e\n\u003cli\u003eSummaries of latest case laws highlighting the do's and don'ts of e-assessment and faceless appeals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePreface \u0026amp; Introduction\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Lays out the goals, background, and impetus for Faceless proceedings, along with a quick reference timeline of the reforms\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChapters 1–29\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Dedicated to Faceless Assessments, covering every phase—issuance of notices, digital verification of documents, personal hearings via VC, special audits, and best judgment scenarios\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChapters 30–39\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Focus exclusively on Faceless Appeals, from e-filing of Form 35 to personal hearing requests, bridging representation strategies with relevant case laws\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChapters 40–41\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Deal with Penalties under the new scheme, highlighting the shift to penalty notices and orders being handled digitally\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChapters 42–45\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Cover miscellaneous digital schemes (e.g., e-Verification, e-Advance Rulings, e-Settlement) and provide a curated FAQ section on all aspects of Faceless Regime\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– Contain relevant legislative notifications, official clarifications, and scheme-specific guidelines, ensuring that practitioners have authentic references at hand\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803344842833,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1742556988249_1_9789364559959_Detail_Page.png?v=1742988097"},{"product_id":"taxmanns-business-succession-planning-by-ravi-mamodiya","title":"Taxmann's Business Succession Planning by Ravi Mamodiya","description":"\u003cp\u003e\u003cstrong\u003eTaxmann's Business Succession Planning by Ravi Mamodiya\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eBusiness Succession Planning: Approach | Strategy | Execution is a practitioner-authored, comprehensive guide that addresses one of the most underserved yet consequential aspects of enterprise management in India—the structured, conscious transfer of business ownership, leadership, and legacy from one generation to the next.\u003c\/p\u003e\n\u003cp\u003eIn a landscape where family businesses are estimated to contribute nearly 79% of India's GDP, and where a massive cohort of first-generation founders from the liberalisation era of the 1990s is now approaching the natural window of transition, succession planning has moved from a theoretical concern to an operational imperative. Yet, as the author observes across decades of consulting experience, most Indian business owners either defer the conversation entirely, treat it as synonymous with writing a Will, or approach it without any structured framework—leaving their enterprises and families exposed to avoidable conflict, wealth erosion, and business failure.\u003c\/p\u003e\n\u003cp\u003eNow in its 5\u003csup\u003eth\u003c\/sup\u003e Edition, this book provides a definitive, end-to-end roadmap for that transition. It is grounded in the author's proprietary 5-Step Approach to Succession Planning—spanning Owner's Vision, Family Counselling, Business Alignment, Successor Identification and Grooming, and Ownership Transfer and Estate Planning. and supplemented by the 3-P Framework for Will creation, the AMG Model for successor grooming, and the Two and Three Circle Model for aligning family and business interests. The 5\u003csup\u003eth\u003c\/sup\u003e Edition expands materially on earlier Editions by incorporating dedicated coverage of exit strategies, liquidity management, succession planning for startups and SMEs, the Family Office as a legacy vehicle, Gen Z's role as the incoming generation of business leadership, and the evolving macro-economic context of India's Vision 2047 growth trajectory.\u003c\/p\u003e\n\u003cp\u003eWritten with deliberate simplicity—accessible to the layperson without sacrificing conceptual rigour—the book integrates statutory frameworks (SEBI LODR, Companies Act 2013, Hindu Succession Act, Muslim Personal Law, Indian Succession Act, and the Indian Trusts Act), practical case studies including client engagements and landmark corporate examples such as Tata Group, Apple, and Reliance, and ready-to-use draft templates for wills, trust deeds, HUF creation deeds, and family constitutions.\u003c\/p\u003e\n\u003cp\u003eThe book's central thesis is captured in its subtitle: succession planning is not merely an event or a document—it is a continuous approach, a deliberate strategy, and a disciplined execution spanning years, if not a decade.\u003c\/p\u003e\n\u003cp\u003eThe book is designed for a broad but purposeful readership:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003ePrimary Audience\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePromoter-Led and Family-Owned Business Owners at any Stage—founders approaching retirement, mid-life owners recognising the need to structure the business for multi-generational continuity, and second-generation leaders inheriting an unstructured enterprise\u003c\/li\u003e\n\u003cli\u003eSME and MSME Owners who have internalised the myth that succession planning is only for large business empires. The book explicitly debunks this assumption across multiple chapters\u003c\/li\u003e\n\u003cli\u003eFirst-Generation Entrepreneurs who built their business on personal drive and now face the structural challenge of institutionalising what they built\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eProfessional Audience\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChartered Accountants, Company Secretaries, and Advocates who advise business families on estate planning, corporate governance, personal law compliance, and wealth structuring\u003c\/li\u003e\n\u003cli\u003eCorporate Governance Professionals and HR Heads at Listed Entities navigating their obligations under SEBI Regulation 17(4) and Section 178 of the Companies Act 2013\u003c\/li\u003e\n\u003cli\u003eManagement Consultants and Family Business Advisors seeking a structured, India-specific methodology\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eSuccessor and Academic Audience\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNext-Generation Successors—family members being groomed for leadership—who need to understand the mechanics and emotional weight of the transition from the receiving end\u003c\/li\u003e\n\u003cli\u003eStartup Founders who need to build institutional continuity into their enterprises from early stages, before the informal founder-dependency becomes a structural liability\u003c\/li\u003e\n\u003cli\u003eStudents of Business Management, Law, and CA Programmes where estate planning and family business governance are increasingly examinable domains\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition, authored by CA. Ravi Mamodiya, with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eThree Proprietary Frameworks\u003c\/strong\u003e] The book is anchored in three original frameworks developed through direct advisory practice\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe 5-Step Succession Approach (Owner's Vision → Family Constitution → Business \u0026amp; Family Alignment → Successor Identification and Grooming → Ownership Transfer and Estate Planning)\u003c\/li\u003e\n\u003cli\u003eThe AMG Model (Assessment → Management → Grooming) for successor development\u003c\/li\u003e\n\u003cli\u003e3-P Framework (People, Property, Proportion) for Will drafting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThe Wheel of Succession\u003c\/strong\u003e] A self-diagnostic tool that maps readiness across all five succession dimensions on a 0–100% scale. The owner rates each dimension, plots the polygon, and identifies gaps. Separate wheel templates are provided for family, business, and professional succession\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThree Differentiated Succession Frameworks\u003c\/strong\u003e] Rather than a single generic model, the book provides distinct frameworks for family businesses (5 steps), non-family business succession (3 steps), and professional\/service firms (5 steps with partner alignment and practice-specific considerations)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIndia-Specific Legal Architecture\u003c\/strong\u003e] Every legal dimension is grounded in Indian statute: SEBI LODR Regulation 17(4) and Companies Act 2013 Section 178 for listed entities; Hindu Succession Act 1956 (with 2005 Amendment); Muslim Personal Law (Shariat); Indian Succession Act 1925 for Parsis and Christians; Indian Trusts Act 1882; HUF law; income tax treatment of inheritance and capital gains; and succession certificate and probate procedures\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThe Garud View vs. Sarp View\u003c\/strong\u003e] A conceptual framework drawn from Hindu mythology—the Garud (eagle's strategic perspective) vs. the Sarp (snake's operational ground view)—used throughout the book to explain why succession planning is perpetually deferred by even sophisticated owners, and why cultivating a long-horizon perspective is the foundational precondition for any succession process\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOwner's Vision—Internal and External\u003c\/strong\u003e] Vision is decomposed into two dimensions: the internal dimension (vision, mission, goals, purpose, passion, and GPS business plan framework) and the external dimension (output metrics, internal systems, resource quality, stakeholder assessments, and competitive positioning), including an organisational chart exercise that maps each role's vulnerability if its current incumbent were absent\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFamily Constitution—Full Governance Architecture\u003c\/strong\u003e] Treated as a governance institution, not merely a document. Covers six constitutional bodies (Family Council, Family Assembly, Family Association, Owner's Council, Family Fund, Family Office); a five-step constitution-building process; the dangers of miscommunication (illustrated through Ranbaxy, Raymond, and Ponty Chadha); and two dedicated chapters on balancing individual aspirations with family unity and on the constitution as a living guide. A complete draft Family Constitution is included as Annexure 4\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwo and Three Circle Model\u003c\/strong\u003e] Maps seven stakeholder positions across family, business, and ownership circles, demonstrating that different decisions require different decision-making bodies—applied through the Karthik-Suresh family business case study\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eQuantified Successor Evaluation Tools\u003c\/strong\u003e] The AMG model is operationalised through a 20-dimension leadership assessment scoresheet (five domains, five-point scale, four leadership bands) and the 9-Box Succession Planning Grid Matrix mapping potential against performance across nine candidate profiles\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMulti-Dimension Grooming Framework\u003c\/strong\u003e] Successor development is mapped across five formal practices—Education, Assessment (360-degree feedback), Coaching (ICE Model), Mentoring, and Experiential Learning—with an initiative-to-practice mapping table and a five-step selection sequence (Forecast Analysis → Resource Development → Selection → Trial Run → Transition)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExit Strategies and Liquidity Management\u003c\/strong\u003e] A material 5\u003csup\u003eth\u003c\/sup\u003e Edition addition covering: insurance instruments as liquidity tools (key person, buy-sell, deferred compensation, disability, collateral), IPO as an exit mechanism, and the Family Office (SFO vs. MFO structure, functions, and governance)—each illustrated through embedded case studies\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHistorical and Macro Context\u003c\/strong\u003e] A five-stage historical taxonomy of Indian family business evolution from pre-1750 to the present, framing the current moment as an unprecedented economy-wide generational transition—contextualised against NITI Aayog's Vision India @ 2047 target of USD 30 trillion GDP\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGender and Generational Dimensions\u003c\/strong\u003e] Dedicated coverage of gender bias in succession and the female entrepreneur's unique succession journey; and a generational taxonomy mapping Founders, Gen X, Millennials, and Gen Z as successive cohorts with distinct mindsets and transition challenges\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFour Deployment-Ready Legal Templates\u003c\/strong\u003e] Annexures include complete draft formats for a Private Trust Deed, HUF Creation Deed, Will, and Family Constitution—usable as working references by practitioners and business owners\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructured Checklists at Every Stage\u003c\/strong\u003e] Every part closes with Yes\/Partially\/No checklists covering business dynamics readiness, parallel planning, transition management, family succession selection, and business succession evaluation—with interpretive guidance for each response type\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e16 Myths Systematically Debunked\u003c\/strong\u003e] Chapter 3 dismantles 16 of the most common Indian misconceptions about succession planning—from 'it's only for the ultra-rich' and 'equal distribution is always fair' to 'nominees inherit assets' and 'succession is inherently a male heir's right'\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book covers the full succession planning lifecycle across 52 chapters and 10 parts:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003ePart I — Succession Initiation\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSuccession foundation and definitions; family succession vs. business succession; 16 myths debunked; SEBI LODR Regulation 17(4) and Companies Act Section 178 explained; benefits and challenges of the Indian family business (loyalty, legacy, patient capital, strong bonding vs. conflicts, governance gaps); conflicts of interest in family business management; gender bias in succession; succession for female entrepreneurs; succession for startups; the lifecycle of succession across business stages—illustrated through the 'Chaap' brand case study of a four-son split destroying a generational brand\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart II — Succession Preparation\/Rehearsal\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Garud View vs. Sarp View—strategic vs. operational perspective; the Clarity → Focus → Energy → Results chain; 10 guiding principles for succession (start now, establish philosophy and values, align individual aspirations, assess independently, prepare the successor, define a clear selection process, balance business needs and family aspirations, apprentice before transitioning, support from retiring leaders, motivate non-family team); three differentiated succession frameworks (family, business, professional); the Wheel of Succession self-diagnostic tool\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart III — Owner's Vision\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInternal vision: vision statement, mission statement, goals, purpose, passion, and the GPS business plan framework; the role of alignment between owner's and team's individual purposes (illustrated through the Mr. Sarvesh case); external vision: output goals, internal system metrics, resource assessment (quantity, quality, adaptation, proactiveness, innovativeness, legitimacy, competitive position), multiple stakeholder assessments, business analysis and competitive positioning; organisational structure review as a succession readiness tool\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart IV — The Family Constitution\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eWhy a written family constitution is essential; miscommunication as a structural business risk (Ranbaxy, Raymond, Ponty Chadha case references); the three dimensions of family business; family governance as institution-building; six constitutional bodies (Family Council, Family Assembly, Family Association, Owner's Council, Family Fund, Family Office); the example of four brothers operating a joint business from a shared boardroom via 7:30 AM daily meetings; balancing individual aspirations with family unity; the constitution as a living document — how it evolves from an alignment document to a governance 'bible'; pre-constitution groundwork: consultation and appraisal, forming the governance board; five-step constitution-building process: diagnosis, feedback, alignment, drafting, implementation; challenges in constitution building\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart V — Aligning the Family and Business\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Two and Three Circle Model—seven stakeholder positions and their implications; parallel planning process for family and business timelines; guiding principles for family succession planning; contingency planning—insurance adequacy, key employee retention, business continuity in case of owner's premature death or disability\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart VI — Successor Identification and Grooming\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFour profiles of leadership development competency (The Boss → Team Player → Highly Productive Team Lead → Empowering Lead); 12 most common leadership competencies; the 9-Box Succession Planning Grid Matrix; the AMG Model in detail—Step 1 Assessment (with scored scoresheet and four leadership bands), Step 2 Management (replacement planning vs. succession planning vs. succession management on a continuum), Step 3 Grooming (education, assessment, coaching via ICE Model, mentoring, experiential learning, with initiative-to-practice mapping table); five-step successor selection: forecast analysis, resource development, selection via board presentation, trial run, transition—illustrated through the author's grandfather's family succession case involving six failed successors before finding the right one through structured grooming\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart VII — Ownership Transfer and Estate Planning\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEstate planning: what it is, why it is distinct from succession planning, three core reasons (protecting minors, eliminating family disputes, tax saving); types of estate succession—intestate vs. testamentary, with a religion-wise statutory map; Hindu intestate succession: Class I and Class II heirs with full distribution rules, right of female in pre-deceased son's property (Savitri v. Devaki, AIR 1982), full-blood vs. half-blood preference, right of child in womb, disqualification of murderer heirs—illustrated with five numerical examples and inheritance flow diagrams; Muslim intestate succession (Shariat): sharers and residuaries, distribution rules for male and female deceased; Parsi intestate succession; Christian and others intestate succession; role of domicile in intestate succession; succession certificates—when required, courts of jurisdiction, process; testamentary succession (Wills): requirements for a valid Will, codicils, probate and letters of administration, privileged Wills, revocation; taxation of intestate and testamentary succession: income tax exemption on inheritance, taxability of income from inherited property, capital gains on subsequent sale; Private Trusts: the Indian Trusts Act 1882, trust factions (settlor, trustee, beneficiary, protector, advisory board), duties and liabilities of trustees, trustee investment powers, executor powers, Will vs. Trust comparison; HUF: formation, Karta, partition; the possibility of a codified inheritance law in India; additional myth-busting on trusts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart VIII — Exit Strategies and Legacy Planning\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eHistorical evolution of Indian family businesses—five stages from pre-colonial to the Digital Era; Gen Z mindset—digital native characteristics, sustainability orientation, challenges of digital interaction preference over face-to-face; liquidity management in family businesses: insurance instruments (key person, buy-sell, deferred compensation, disability, long-term care, liability protection, collateral), IPO as exit vehicle—with two embedded case studies; Family Office—SFO vs. MFO, functions, governance; exit strategies—structured options for active family members, non-family professionals, and external buyers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003ePart IX — Case Studies and FAQs\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNine detailed case studies spanning: a real client business alignment engagement, vision-mission articulation for a multi-partner business, grooming across six family members to find one right successor (author's family), the Tata Group's value-embedded succession across generations, Tata's avoidance of family disputes through governance, the Three Circle Model applied to the Karthik-Suresh family business, the Global Connect Traders generational mentoring case, a family business legacy nurturing engagement, and succession for a professional service firm. Twenty-plus FAQs sourced from ICAI's study on succession, wills, and family arrangements\/settlements\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAnnexures\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFour complete draft legal templates: Private Trust Deed, HUF Creation Deed, Will, and Family Constitution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eAfterword\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe 3-P Framework for Will drafting (People, Property, Proportion); a 6-step succession journey framework (family structure → business and ownership matrix → structuring gap identification → Family Constitution → Family and Business Boards → Family Office implementation and monitoring); access details for the Saturday Succession Samvad newsletter; and a complimentary advisory consultation offer\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book spans 10 thematic parts, 52 chapters, 9 case studies, an FAQ module, 4 legal annexures, and an Afterword. Each part closes with Key Takeaways and structured Checklists. The architecture deliberately mirrors the succession journey itself — opening with the case for why, progressing through the frameworks for how, and concluding with the tools for execution.\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart I | Succession Initiation | Ch. 1–10 \u003c\/strong\u003e— Defines succession, debunks 16 myths, and establishes the regulatory and family business context\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart II | Succession Preparation \u0026amp; Rehearsal | Ch. 11–15 \u003c\/strong\u003e— Introduces the Garud vs. Sarp View, the Wheel of Succession, and the three differentiated succession frameworks\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart III | Owner's Vision | Ch. 16–17\u003c\/strong\u003e — Anchors the process in the owner's internal and external vision before the family is brought into the picture\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart IV | The Family Constitution | Ch. 18–23\u003c\/strong\u003e — Builds the Family Constitution in full — governance bodies, drafting process, and the philosophy of institution-building\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart V | Aligning the Family and the Business | Ch. 24–27\u003c\/strong\u003e — Aligns family and business interests through the Two and Three Circle Model and contingency planning\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart VI | Successor Identification \u0026amp; Grooming | Ch. 28–33\u003c\/strong\u003e — Covers successor identification and grooming via the AMG Model, assessment tools, and the five-step selection sequence\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart VII | Ownership Transfer \u0026amp; Estate Planning | Ch. 34–47\u003c\/strong\u003e — Addresses intestate and testamentary succession across all personal laws, Private Trusts, HUFs, and tax implications\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart VIII | Exit Strategies \u0026amp; Legacy Planning | Ch. 48–52\u003c\/strong\u003e — Closes the operational arc with exit strategies, liquidity management, and the Family Office\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePart IX | Case Studies \u0026amp; FAQs\u003c\/strong\u003e — Grounds the framework in nine real-world case studies and a comprehensive FAQ module\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAnnexures\u003c\/strong\u003e — Four deployment-ready legal templates: Private Trust Deed, HUF Creation Deed, Will, and Family Constitution\u003c\/li\u003e\n\u003cli\u003eThe Afterword distils the book into a 6-Step Succession Journey\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eUnderstanding the Family Structure → Understanding the Business and Ownership Matrix → Identifying the Structuring Gap → Drafting the Family Constitution → Establishing the Family and Business Boards → Implementing and Monitoring through the Family Office\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345072209,"sku":"9789364552585","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_9a82a896-175d-4850-92cf-2d25d8ac7241.jpg?v=1776235740"},{"product_id":"taxmanns-international-taxation-ready-reckoner-by-daksha-baxi-surajkumar-shetty","title":"Taxmann's International Taxation Ready Reckoner by Daksha Baxi, Surajkumar Shetty","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eInternational Taxation Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e presents a lucid, all-encompassing reference for readers. Authored by two leading experts in the field—this book incorporates the latest amendments brought about by the Finance Act 2025. It simplifies complex cross-border tax concepts, guiding readers through intricate regulations, bilateral tax treaties, and procedural requirements. With practical examples, case studies, and up-to-date judicial precedents, this Ready Reckoner ensures that readers can advise and comply with India's ever-evolving international tax landscape.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax \u0026amp; Legal Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Chartered Accountants, tax consultants, legal advisors, and in-house counsels who deal with international taxation and cross-border transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Executives \u0026amp; Finance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – CFOs, finance managers, and corporate tax departments responsible for ensuring tax compliance, structuring overseas investments, and evaluating cross-border business arrangements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademics \u0026amp; Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Faculty, researchers, and advanced students specialising in international taxation, seeking practical insights and practical applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEntrepreneurs \u0026amp; SMEs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Business owners expanding internationally who need a straightforward, professional reference to navigate India's international tax provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 3\u003csup\u003erd\u003c\/sup\u003e Edition, amended by the Finance Act 2025. This book has been authored by CA. Daksha Baxi \u0026amp; Adv. Surajkumar Shetty, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAmended by the Finance Act 2025\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Incorporates all legislative updates effective from the latest Finance Act, ensuring readers remain current with recent changes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthoritative Guidance\u003c\/strong\u003e] Written by highly acclaimed tax experts recognised by global legal rankings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Insights \u0026amp; Case Studies\u003c\/strong\u003e] Illustrates practical transactions and solutions, culminating in a comprehensive case study applying the rules and concepts explained\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStep-by-step Explanations\u003c\/strong\u003e] Offers clarity on understanding the interplay between the Indian Income-tax Act 1961, Double Taxation Avoidance Agreements (DTAAs), and OECD\/UN model conventions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUseful Tools \u0026amp; Aids\u003c\/strong\u003e] Contains ready reckoners, tabular comparisons, and examples to simplify complex topics like Permanent Establishment, Transfer Pricing, GAAR, etc.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLatest Judicial Precedents\u003c\/strong\u003e] In-depth discussion of landmark Indian and international rulings, enabling readers to strategise with the most recent case laws\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Compliance Checklist\u003c\/strong\u003e] Guides readers on obtaining a Permanent Account Number (PAN), Withholding Tax (TDS) compliance, return filing, Transfer Pricing documentation, and other procedural mandates\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFoundational Concepts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eResidential status determination (individuals, corporates, other entities)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eScope of income and deemed accrual principles\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTreaty Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eKey DTAA articles and interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMost Favoured Nation (MFN) clauses, tie-breaker rules, and OECD\/UN model commentary\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSetting Up in India\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBusiness structures: subsidiaries, liaison offices, branch offices\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eValuation provisions, anti-avoidance measures on share premium\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTaxation of Various Income Streams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBusiness income (\u003cem\u003ePermanent Establishment, attribution of profits\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDividend, interest, royalty, and fees for technical services\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCapital gains, including indirect transfer of Indian assets\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEmployment income (\u003cem\u003eincluding ESOPs for globally mobile employees\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSpecial regimes for NRIs, Foreign Portfolio Investors (FPIs), AIFs, REITs, InvITs, etc.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTransfer Pricing Regulations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eArm's length price determination methods, safe harbour rules, Advance Pricing Agreements (APAs), secondary adjustments\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBusiness Reorganisations \u0026amp; Exits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTax-neutral amalgamation, demerger conditions, liquidation aspects, set-off and carry-forward of losses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDispute Resolution \u0026amp; Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAssessments, appeals, DRP, Mutual Agreement Procedure (MAP), Authority for Advance Rulings (AAR)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGAAR provisions, how and when they apply\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithholding tax obligations, TDS\/TCS rates, payment procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Study\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAn extensive, end-to-end illustration combining multiple cross-border tax scenarios, from structuring to compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLogical Progression\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Starts with fundamental concepts of residency and the broad framework of international taxation, then progresses through specific income types, compliance measures, and dispute resolution avenues\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter-wise Explanation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each chapter addresses a distinct segment—e.g., Taxation of Dividends, Taxation of Royalties, Transfer Pricing, etc.—allowing readers to locate relevant material instantly\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractice-oriented Approach\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Every chapter includes practical examples, references to judicial rulings, and frequently encountered Q\u0026amp;A\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDedicated Case Study\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Concludes with a comprehensive scenario tying all concepts together, serving as a blueprint for real-world advisory and compliance scenarios\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Relevant forms, statutory references, TDS\/TCS rate charts, and a glossary of technical terms for quick lookup\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345104977,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743752955209_1_9789364555029_Detail-Page.jpg?v=1744108143"},{"product_id":"tds-ready-reckoner-by-taxmann","title":"TDS Ready Reckoner by Taxmann","description":"\u003cp\u003e\u003cstrong\u003eTDS Ready Reckoner by Taxmann\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eTDS Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive reference on the law of Tax Deduction at Source and Tax Collection at Source as it now stands under the Income-tax Act 2025, read with the Income-tax Rules 2026, and as amended by the Finance Act 2026. This Edition is the first edition of the work to be fully rewritten around the architecture of Chapter XIX of ITA 2025, in which the earlier 50-plus stand-alone TDS\/TCS sections of ITA 1961 have been consolidated into a compact, table-driven framework built around sections 392 to 401. Every chapter has been redrafted to track the new section numbering, the new Schedules, the new Rules, and the renumbered Forms (\u003cem\u003e121 to 150\u003c\/em\u003e), with a running bridge to the corresponding provisions of the ITA 1961 so that readers transitioning from the old regime are never left without a precise cross-reference.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is designed as a one-stop compliance manual: for each payment type it sets out who must deduct, at what rate, on what threshold, at what point of time, and with what consequences in case of default—followed by the corresponding certificate, return, self-declaration and correction-statement obligations. Practical decisions that routinely arise in tax departments—whether a particular payment is \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003erent\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e, whether a payee is a \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003especified person\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e, whether a JDA transaction falls under Sl. No. 3(i) or 3(ii) of section 393(1), whether a buyback now attracts Sl. No. 8(ii) instead of Sl. No. 7, whether advertising services are \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eprofessional services\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e under section 402(28)—are addressed head-on, with specific paragraph references for downstream use.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is authored for professionals and in-house teams who deduct, collect, report or advise on TDS\/TCS in day-to-day practice:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, Cost Accountants and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling direct-tax compliance and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax, Finance and Payroll Heads\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof corporate entities, LLPs, partnership firms and e-commerce operators\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBanks, Post Offices, Depositories (CDSL\/NSDL), Mutual Funds, Business Trusts, Investment Funds and Securitisation Trusts\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein their capacity as deductors and reporting entities\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePublic-Sector Undertakings, Government Drawing and Disbursing Officers, and Autonomous Bodies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAssessing Officers, Departmental Officers and Revenue-Side Litigators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking on TDS\/TCS defaults, interest and prosecution matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents Preparing for CA, CS, CMA and Advanced Direct-Tax Papers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho require an authoritative treatment of the new Chapter XIX regime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 32\u003csup\u003end\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFirst Full-Act Rewrite on ITA 2025\u003c\/strong\u003e] Every chapter is mapped to sections 392–401 and to the Tables in section 393(1)\/(2)\/(3)\/(4), with ITA 1961 correspondences retained for continuity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSeven Reference Matrices at the Front of the Book\u003c\/strong\u003e] Comparative Study of the following to enable a single-page lookup from any old-regime reference to its new-regime equivalent:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eITA 2025 vs. ITA 1961\u003c\/li\u003e\n\u003cli\u003eTDS Map\u003c\/li\u003e\n\u003cli\u003eTDS Rate Reckoner\u003c\/li\u003e\n\u003cli\u003eTCS Rate Reckoner\u003c\/li\u003e\n\u003cli\u003eITA 1961 vs. ITA 2025 Section Table\u003c\/li\u003e\n\u003cli\u003eRules 1962 vs. Rules 2026 Table\u003c\/li\u003e\n\u003cli\u003eForms 2026 vs. Forms 1962 Table\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eCategorised Analysis of Every Change Made by ITA 2025\u003c\/strong\u003e] They are grouped as follows:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eProvisions that reduce the compliance burden for deductors\u003c\/li\u003e\n\u003cli\u003eProvisions that reduce the burden for deductees\/collectees\u003c\/li\u003e\n\u003cli\u003eChanges in TCS provisions\u003c\/li\u003e\n\u003cli\u003ePain points introduced by ITA 2025\u003c\/li\u003e\n\u003cli\u003eNew avenues for litigation\u003c\/li\u003e\n\u003cli\u003eOther changes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eTreatment of Landmark Structural Reforms\u003c\/strong\u003e] This comprises the following:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe bar on retrospective creation of TDS liability under section 391(1)(a)\u003c\/li\u003e\n\u003cli\u003eThe consolidation of lower\/Nil TDS certificate provisions into section 395\u003c\/li\u003e\n\u003cli\u003eThe single-declaration facility for depositories under section 393(6)(b)\u003c\/li\u003e\n\u003cli\u003eThe omission of the ITR-track-record test under erstwhile section 194N\u003c\/li\u003e\n\u003cli\u003eThe uniform 2% TCS rate across most transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003ePayment-Wise Chapters\u003c\/strong\u003e] It covers commission and brokerage, rent, immovable-property consideration (\u003cem\u003eincluding JDAs and compulsory acquisition\u003c\/em\u003e), capital-market income, interest, dividends, contractor payments, professional fees, FTS, royalty, non-compete fees, purchase of goods, senior-citizen pension, benefits and perquisites, e-commerce operator payments, VDAs, lottery and online-game winnings, partner remuneration, salary, PF accumulated balance, and the full suite of non-resident TDS provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDedicated Compliance Division\u003c\/strong\u003e] TAN, PAN validity, lower\/Nil TDS certificates under section 395, self-declarations (\u003cem\u003enew Forms 121 and 124 in place of 15G\/15H\/27C\u003c\/em\u003e), credit of TDS\/TCS, deposit with Government, filing of returns, issuance of certificates, quarterly reporting by banks and consequences of default (\u003cem\u003edisallowance under section 35(b), interest, penalty, prosecution\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Statutory Appendices\u003c\/strong\u003e] Chapter XIX of ITA 2025 (\u003cem\u003ereproduced\u003c\/em\u003e), the corresponding Rules of ITR 2026, all relevant Forms, and CBDT's official Guidance Notes \u0026amp; FAQs on Form Nos. 121 to 150\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIllustrations, Computational Notes and Cross-References\u003c\/strong\u003e] throughout, with specific paragraph-level indexing to allow precise citation in opinions, assessment responses and appellate submissions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is built around six Divisions, 76 chapters and 4 Appendices, covering the entirety of Chapter XIX of ITA 2025 along with consequential provisions of Chapters V, VII, VIII and XVIII.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision A — Nature of TDS\/TCS Provisions (Chapters 1–6)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt lays the conceptual foundation:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eModes of payment or collection of income-tax\u003c\/li\u003e\n\u003cli\u003eThe distinction between TDS and TCS\u003c\/li\u003e\n\u003cli\u003eThe scheme of Chapter XIX\u003c\/li\u003e\n\u003cli\u003eThe interplay between ITA 1961 and ITA 2025 and the transition rules\u003c\/li\u003e\n\u003cli\u003eExemptions from deduction under section 393(4)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision B — TDS Provisions Applicable to Resident Payees (Chapters 7–37)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt covers each resident-payee payment class. This is the largest Division and includes:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eCommission and brokerage (\u003cem\u003eincluding insurance commission under Sl. No. 1(i) and brokerage paid by specified and non-specified persons\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eRent under Sl. No. 2(i) and 2(ii)\u003c\/li\u003e\n\u003cli\u003eConsideration for transfer of immovable property (\u003cem\u003eincluding JDAs under Sl. No. 3(ii) and compulsory-acquisition compensation under Sl. No. 3(iii)\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eCapital-market income (\u003cem\u003emutual fund units, business-trust distributions, investment-fund non-exempt income, securitisation-trust income\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eInterest income (\u003cem\u003einterest on securities, interest other than on securities, bank\/post-office interest\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eDividends declared by domestic companies under Sl. No. 7\u003c\/li\u003e\n\u003cli\u003ePayments to resident contractors under Sl. No. 6(i), (ii) and (v)\u003c\/li\u003e\n\u003cli\u003eProfessional fees, FTS, royalty, non-compete fees and non-executive director remuneration under Sl. No. 6(iii)\u003c\/li\u003e\n\u003cli\u003eLife-insurance policy payouts under Sl. No. 8(i)\u003c\/li\u003e\n\u003cli\u003ePurchase of goods above ₹50 lakh under Sl. No. 8(ii); TDS on the total income of specified senior citizens under section 393(1) [\u003cem\u003eSl. No. 8(iii)\u003c\/em\u003e]\u003c\/li\u003e\n\u003cli\u003eBenefits and perquisites under Sl. No. 8(iv)\u003c\/li\u003e\n\u003cli\u003ePayments by e-commerce operators under Sl. No. 8(v)\u003c\/li\u003e\n\u003cli\u003eConsideration for transfer of a Virtual Digital Asset under Sl. No. 8(vi)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision C — TDS Provisions Applicable to Payments to Any Person (Chapters 38–47)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt deals with payee-neutral provisions:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eWinnings from lotteries, crossword puzzles, online games and horse races\u003c\/li\u003e\n\u003cli\u003eCommission on lottery tickets\u003c\/li\u003e\n\u003cli\u003eTDS on large cash withdrawals by banks and post offices (\u003cem\u003eChapter 43 incorporates the significant change that TDS now applies to the entire cash withdrawal once the threshold is breached, not merely the excess\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eTDS under the NSS\u003c\/li\u003e\n\u003cli\u003eTDS on interest and remuneration paid by firms\/LLPs to partners under Sl. No. 7 of section 393(3) (\u003cem\u003ecovering the new clarity on 'partner' and 'firm' and on disallowance consequences under section 35(b)\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eTDS on salary under section 392\u003c\/li\u003e\n\u003cli\u003eTDS on accumulated PF balance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision D — TDS Provisions Applicable Where Payee is Non-Resident (Chapters 48–64)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt consolidates the full non-resident framework:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003ePayments to sportspersons, sports associations and entertainers\u003c\/li\u003e\n\u003cli\u003eInterest on foreign borrowings (\u003cem\u003eincluding pre-1 July 2023 rupee-denominated bonds, IFSC-listed RDBs, and general non-resident interest\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eDistributed income to non-resident unitholders of business trusts and investment funds\u003c\/li\u003e\n\u003cli\u003eIncome from mutual-fund units and securitisation-trust investments\u003c\/li\u003e\n\u003cli\u003eLong-term capital gains on transfer of units purchased in foreign currency and GDRs\u003c\/li\u003e\n\u003cli\u003eIncome from securities payable to FIIs and Specified Funds\u003c\/li\u003e\n\u003cli\u003eThe residual catch-all for any taxable sum payable to a non-resident other than salary\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision E — TCS Provisions (Chapter 65)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt consolidates the entirety of section 394 and the TCS Table, including the new uniform 2% TCS rate for most transactions, the increased rate for alcoholic liquor, scrap, coal, lignite and iron ore, the reduced rate for tendu leaves, LRS-education\/medical remittances and overseas tour packages, and the revised timing of collection for motor vehicles and specified goods (\u003cem\u003eearlier of debit or receipt\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision F — TDS \u0026amp; TCS Compliance and Reporting (Chapters 66–76)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIt handles the operational machinery: TAN, valid PAN requirement under section 397, lower\/Nil certificate under section 395 (\u003cem\u003eincluding the new option to file before a prescribed authority\u003c\/em\u003e), self-declarations for non-deduction and non-collection, credit mechanics, deposit with the Central Government, filing of returns, issuance of certificates, quarterly interest reporting by banks, and the complete default framework—interest, penalty, disallowance under section 35(b), prosecution, and the 2-year curtailed correction-statement window under section 397(3)(f)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices 1–4\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ereproduce the relevant sections of ITA 2025, the relevant Rules of ITR 2026, the relevant Forms, and the CBDT Guidance Notes \u0026amp; FAQs on Forms 121 to 150\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a consistent three-layer architecture that makes it usable as both a reference and a learning text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 1 | Navigation Matrices\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The front matter opens with seven lookup tools: the Comparative Study of ITA 2025 vs. ITA 1961 (\u003cem\u003e39 changes grouped into six categories\u003c\/em\u003e), the TDS Map, the TDS Rate Reckoner, the TCS Rate Reckoner, the ITA 1961 ↔ ITA 2025 Section Table, the ITR 1962 ↔ ITR 2026 Rules Table, and the Forms 2026 ↔ Forms 1962 Table. These allow a reader arriving from any ITA 1961 reference to reach the corresponding ITA 2025 treatment in a single step\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 2 | Payment-wise Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Within each Division, payments are grouped by economic substance (\u003cem\u003ecommission, rent, capital-market income, contractor payments and so on\u003c\/em\u003e). Where a payment class has multiple Sl. Nos. in the section 393 Tables (\u003cem\u003efor example, rent under 2(i) and 2(ii), or contractor payments across 6(i), 6(ii) and 8(v)\u003c\/em\u003e), each Sl. No. gets its own chapter preceded by a map chapter that consolidates all applicable Sl. Nos. for that class\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 3 | Compliance and Default Machinery\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division F handles procedural obligations that apply across all payment classes, ensuring that operational questions (\u003cem\u003ecertificate issuance, return filing, correction statements, consequences of default\u003c\/em\u003e) are not scattered through the payment-wise treatment\u003c\/li\u003e\n\u003cli\u003eEach substantive chapter within Divisions B to E follows the same internal sequence: applicable Sl. No. and section reference, corresponding ITA 1961 section, who must deduct (\u003cem\u003epayer\/specified person definition\u003c\/em\u003e), payee coverage, rate, threshold, time of deduction (\u003cem\u003ecredit or payment, whichever is earlier—or payment only, as now applies to partner remuneration under Sl. No. 7\u003c\/em\u003e), exemptions, illustrations, CBDT circulars and judicial precedents, and cross-references to compliance obligations in Division F\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345137745,"sku":"9789364555593","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_958afae0-2b9d-44f3-9314-57c847915fdc.jpg?v=1776682066"},{"product_id":"law-relating-to-prohibition-of-benami-property-transactions-act-1988-book-by-srinivasan-anand-g","title":"Law Relating to Prohibition of Benami Property Transactions Act 1988 book by Srinivasan Anand G","description":"\u003cp\u003e\u003cspan\u003eThis book provides a comprehensive and up-to-date commentary on the Benami law, incorporating the latest amendments introduced by the Finance Act 2025. It examines the Supreme Court's recall of its earlier judgment in the \u003cem\u003eGanpati Dealcom case \u003c\/em\u003eand explains how the developments in India's new criminal laws impact Benami transactions. Another notable highlight is the inclusion of the newly introduced section 107 of the Bharatiya Nagarik Suraksha Sanhita 2023 and how it interfaces with the existing legislation. In addition, the work includes a helpful Ready Reckoner listing the relatives in whose names property may be purchased or held without attracting the taint of a Benami transaction. Essentially, this authoritative commentary navigates readers through the entire arc of the legislation—covering definitions, prohibitions, authorities' powers, attachment and adjudication proceedings, appellate remedies, offences, prosecution, and confiscation. It is backed by an extensive Table of Cases, an Alphabetical Reckoner, detailed Appendices, etc.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal Professionals \u0026amp; Judiciary\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eAdvocates, law firms, judges, and legal scholars will find it an essential reference for case law, procedural guidance, and interpretative clarity\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax \u0026amp; Financial Consultants\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eChartered Accountants, Company Secretaries, Cost Accountants, and tax advisors can rely on it for compliance strategies and risk management related to Benami property issues\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Professionals \u0026amp; Business Entities\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eIn-house counsel, CFOs, and compliance officers gain insight into the interplay of Benami legislation with corporate practices, including share transactions, disclosures, and beneficial ownership regulations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Students \u0026amp; Researchers\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eA valuable academic resource that comprehensively discusses statutory provisions, recent judicial rulings, and intricate nuances of Benami transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003csup\u003eth\u003c\/sup\u003e Edition | 2025, amended by the Finance Act 2025. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e[Authoritative Section-wise Commentary]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eOffers an in-depth analysis of each section, reflecting legislative amendments and judicial pronouncements\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e[Impact of New Criminal Laws]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eExplores how overhauled criminal statutes affect investigation, prosecution, and confiscation under the Benami Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e[Coverage of Supreme Court's\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eGanpati Dealcom\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eRuling]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eExplains in detail how the recall of this important verdict shapes the retrospective or prospective application of the law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e[New Additions]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eImpact of section 107 of the Bharatiya Nagarik Suraksha Sanhita 2023 and practical insights for practitioners\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e[Practical Aids]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eReady Reckoner listing permissible relatives for holding\/purchasing property, procedural checklists, and model pleadings for availing statutory exclusions or exceptions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e[Extensive Reference Tools]\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eAlphabetical Reckoner to the Benami Law, Benami Transactions in Shares Reckoner, and a comprehensive section-wise Table of Cases help in quick research\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePreliminary \u0026amp; Definitions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eClarifies key definitions such as 'Benami Transaction,' 'Benamidar,' 'Beneficial Owner,' and more, with practical examples illustrating each facet\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProhibition of Benami Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDiscusses scope, legislative intent, transitional provisions, and punishments for offenders\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAuthorities \u0026amp; their Powers\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDetails the hierarchy of authorities, their jurisdictions, powers of inquiry, and the procedures for attachment, investigation, and confiscation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAttachment, Adjudication \u0026amp; Confiscation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExamines the step-by-step process of provisional attachment, issuance of show-cause notices, adjudication by the authority, appeals, and final confiscation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAppellate Tribunal \u0026amp; Judicial Remedies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCovers the establishment, composition, and procedure of the Appellate Tribunal, including rectifications, appeals to the High Court, and the bar of civil courts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Courts \u0026amp; Prosecution\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eElaborates on the role of Special Courts, sections from the CrPC that apply, and the entire prosecution process\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOffences, Prosecution, \u0026amp; Penalties\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eProvides insight into statutory penalties for benami transactions, false information, and procedures for awarding sanctions to prosecute\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eMiscellaneous \u0026amp; Appendices\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIncludes the Prohibition of Benami Property Transactions Rules 2016, Informants Reward Scheme, relevant notifications, sections from the Companies Act 2013, time extension provisions, etc.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLogical Chapter Progression\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eFollows the Act's framework from Preliminary to Miscellaneous, ensuring a coherent understanding\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSection-by-Section Breakdown\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eEach provision is thoroughly analysed, with legislative background, purpose, and practical application notes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCase Law Integration\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eContains extensive references to rulings, including a dedicated Table of Cases for easy lookup\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eThematic Reckoners \u0026amp; Ready References\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eQuick at-a-glance resources—Alphabetical Reckoner for definitions and issues, plus a special 'Benami Transactions in Shares Reckoner' addressing shareholding complexities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractice-oriented\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eSample pleadings and checklists help professionals apply concepts in litigation or compliance workflows\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345170513,"sku":"9789364555449","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743405400639_1_9789364555449_Detail-Page.jpg?v=1743747831"},{"product_id":"tax-audit-book-by-srinivasan-anand-g","title":"Tax Audit book by Srinivasan Anand G","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eTax Audit \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a comprehensive and updated treatise meticulously designed to address all aspects of tax auditing under Section 44AB of the Income-tax Act. This Edition reflects the latest statutory changes, including those introduced by Notification No. 23\/2025 and all relevant ICAI guidelines. The work provides in-depth, clause-wise guidance on every facet of Form No. 3CD, with particular emphasis on the most recent compliance thresholds, documentation protocols, and evolving audit standards. Each chapter distils complex statutory mandates into actionable checklists, compliance steps, illustrative examples, and practical FAQs.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants \u0026amp; Tax Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Seeking authoritative commentary, reporting protocols, and practical guidance on all clauses of the tax audit report\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBusiness Owners \u0026amp; Finance Executives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Wanting to ensure statutory compliance under Section 44AB and clarity on new turnover\/investment thresholds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners \u0026amp; Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Requiring up-to-date legal references, case law insights, and ICAI's perspectives for litigation or advisory\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents \u0026amp; Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Looking for an exam-ready, practical handbook with comprehensive coverage of tax audit procedures and reporting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 18\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended upto 25\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e July 2025. This book is authored by CA. Srinivasan Anand G., with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComplete Coverage of Form No. 3CD\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Every clause is dissected with clear explanations of statutory mandates, reporting requirements, supporting documents, and cross-linkages\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eUpdated for Latest Amendments\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Incorporates all changes brought by Notification No. 23\/2025, including the revised audit thresholds and ICAI's latest guidance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eStructured, Clause-wise Analysis\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Each clause details what must be reported, what is excluded, the auditor's role, and the supporting documentation and MRLs (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eManagement Representation Letters\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) required\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIntegrated Checklists \u0026amp; Practical Reckoners\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Includes quick-reference 'Tax Audit Reckoners' for cash transactions, immovable property, share capital, and loans\/deposits, plus tables for inapplicable clauses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCompliance-focused E-filing Guidance\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Step-by-step instructions for populating Form No. 3CD in the e-filing utility, with tips for avoiding common reporting pitfalls\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eInterpretational Guidance \u0026amp; FAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Addresses ambiguous scenarios, practical dilemmas, and frequently asked questions encountered during tax audits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComprehensive References\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Links each clause to relevant sections of the Income-tax Act, MSMED Act, ICDS, and TDS\/TCS obligations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eRobust Audit Documentation Tools\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Highlights model working papers, disclaimers, and qualification templates for sound audit documentation and risk management\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCoverage of Obsolete\/Non-Applicable Clauses\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Identifies and clarifies clauses rendered redundant for AY 2025–26 (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ee.g., DDT, excise, and service tax\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book's content is methodically organised into 62 chapters, each focusing on a particular aspect or clause of Section 44AB and Form No. 3CD, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 44AB Framework\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eApplicability, turnover\/profession-linked criteria, exemptions (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eChapters 0–5\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTurnover \u0026amp; Gross Receipts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eDetailed interpretations, computation, and compliance issues (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eChapter 6\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Preparation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eFinancial statements, and audit forms (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e3CA, 3CB, 3CD\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eChapters 7–11\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eClause-by-Clause Commentary (Chapters 12–62)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eClauses 1–8A\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Assessee details, status, previous year, audit applicability, and new tax regime declarations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eClauses 9–29B\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Partnerships, nature of business, books, accounting methods, presumptive income, valuation, inadmissible expenses, property transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eClauses 30–44\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Advanced\/specialised reporting such as GAAR, transfer pricing, thin capitalisation, high-value cash receipts\/payments, TDS, quantitative details, GST expenditure reporting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Audit Reckoners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eInstant-reference charts for cash audits, property sales, share capital reporting, and loans\/deposits compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eTables and guidance for clauses not relevant to certain entities (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ee.g., cash basis assessees\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Special Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eModel documents, working paper templates, and explanations for omitted\/inapplicable clauses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroductory Chapters \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Statutory framework, definitions, and audit triggers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCore Explanatory Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Turnover\/gross receipts computation, audit obligations, preparation of accounts, and audit forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eClause-by-Clause Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each clause begins with a summary of requirements, reporting responsibility, statutory links, documentation, checklists, e-filing guidance, disclaimers, and FAQs\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eReckoners \u0026amp; Special Audits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Interspersed with concise tables, quick-glance charts, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices \u0026amp; Notable Omissions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Clarifies clauses not in force for AY 2025–26 (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ee.g., central excise\/service tax, DDT\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345236049,"sku":"9789371261814","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1754379314895_1_9789371261814-_-Detail-Page.jpg?v=1754652261"},{"product_id":"law-relating-to-capital-gains-book-by-d-c-agrawal-sanjiv-dutt","title":"Law Relating to Capital Gains book by D.C. Agrawal,Sanjiv Dutt","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive treatise to understand the complexities of capital gains taxation under the Income-tax Act, 1961. Presented in an easy-to-follow question-and-answer format, the book addresses common queries encountered by taxpayers, professionals, and investors regarding the taxation of capital gains from various assets, such as immovable properties, equities, and mutual funds. The content spans 55 chapters, covering over 680 topics and approximately 1,200 issues, each supported by relevant case laws and practical examples. The book discusses the statutory provisions, exemptions, and intricacies of capital gains and incorporates the latest amendments from the Finance (No. 2) Act, 2024, making it a current and relevant resource.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book will be helpful for departmental officers, taxpayers, litigants, and tax professionals to understand all the important and recurring issues that arise in capital gains.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2\u003csup\u003end\u003c\/sup\u003e Edition and has been amended by the Finance (No. 2) Act, 2024. This book is authored by D.C. Agrawal and Sanjiv Dutt, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Coverage\u003c\/strong\u003e] Spanning 55 chapters, the book covers over 680 topics and addresses approximately 1,200 questions related to capital gains taxation. It discusses the specific areas, including exemptions under Sections 54 to 54F, intricacies of Sections 45 to 55A, and provisions relevant to business trusts and international financial services\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Solutions and Case Laws\u003c\/strong\u003e] Each solution is backed by pertinent case laws, decided the Hon'ble Supreme Court, High Courts, and Income Tax Appellate Tribunal (ITAT). The book covers over 3,400 significant cases, ensuring that readers have access to a well-rounded understanding of how various statutory provisions have been interpreted and applied\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUpdated and Relevant Content\u003c\/strong\u003e] The Second Edition incorporates amendments made by the Finance (No. 2) Act, 2024, including changes in the capital gains tax rates, period of holding, withdrawal of indexation benefits, taxation of unlisted bonds or debentures, taxation of gifts by any person other than an individual or HUF\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSimplification of Complex Topics\u003c\/strong\u003e] The book simplifies complex statutory provisions using a unique Q\u0026amp;A format, presenting them in a logical and systematic manner\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDetailed Chapter Summaries and Tax Planning Checkpoints\u003c\/strong\u003e] Each chapter includes a summary and key tax planning points, enabling readers to quickly grasp and apply essential takeaways and apply them to their tax planning strategies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSpecial Focus Areas and Practical Applications\u003c\/strong\u003e] Dedicated chapters address unique scenarios such as capital gains taxation in IFSCs, under international taxation, and provisions for non-residents and offshore entities. The inclusion of real-life scenarios and practical examples illustrates the application of tax laws, making it easier for readers to relate the content to their specific situations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCase Law Digest\u003c\/strong\u003e] The book not only serves as a comprehensive guide but also functions as a digest, incorporating approximately 3,400 case laws, decided by the Hon'ble Supreme Court, High Courts, and Tribunals\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eEase of Navigation\u003c\/strong\u003e] The book's structure includes sub-topic headings and clear navigation paths, allowing readers to locate relevant information effortlessly. Each chapter's logical flow, combined with minimal jargon and legalese, ensures that the content remains accessible and reader-friendly\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDistinctive Approach and User-Friendly Structure\u003c\/strong\u003e] The book's unconventional Q\u0026amp;A format stands out among traditional tax textbooks, providing an interactive learning experience that caters to various learning preferences. This distinctive approach helps in breaking down complex topics into easily digestible parts\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe contents of the book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 1 – Introduction to Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eOverview of key concepts, transactions not considered as transfers, computation methods, and exemptions under the Income-tax Act, 1961\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 2 – Exemptions Related to Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDetailed exploration of exemptions available under Section 10, including those for funds, institutions, specific tribes, and other entities\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 3 – Understanding Capital Assets\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDefinitions and classifications of capital assets under Section 2(14), including real estate, intangible assets, and personal effects.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 4 – Agricultural Land and Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecific rules governing capital gains taxation on agricultural land, including compulsory acquisition and subsequent use\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 5 – Short-Term vs Long-Term Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDifferentiation between short-term and long-term capital gains, including holding periods and special cases for various asset types\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 6 – Transfers and Non-Transfers\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eExplanation of what constitutes a transfer under Section 2(47) and scenarios where transactions are not considered transfers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 7 – Business Income vs Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eComparative analysis of income classified as business income versus capital gains, particularly in the context of asset sales\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 8 – Core Provisions of Capital Gains Taxation\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eComprehensive coverage of Section 45, including conditions for chargeability, exemptions, and special scenarios\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 9 to 11 – Capital Gains in Partnerships and Firm Reconstitution\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSections dealing with capital gains arising from the entry of new partners, reconstitution of firms, and asset distributions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 12 and 13 – Compulsory Acquisitions and Joint Development Agreements\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecific provisions for capital gains arising from compulsory acquisitions (Section 45(5)) and joint development agreements (Section 45(5A))\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 14 and 15 – Liquidation and Buy-Back of Shares\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eTax implications of asset distributions during company liquidation (Section 46) and buy-back of shares (Section 46A)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 16 and 17 – Non-Applicable Transfers and Withdrawal of Exemptions\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eTransactions where capital gains provisions do not apply (Section 47) and conditions that trigger the withdrawal of exemptions (Section 47A)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 18 and 19 – Computation Methods and Indexation\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eDetailed methodologies for computing capital gains (Section 48) and applying indexation benefits for inflation adjustment\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 20 and 21 – Cost of Acquisition Rules\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecific rules for determining the acquisition cost in various scenarios, including family settlements and special asset transfers.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 22 to 27 – Special Provisions for Valuation and Consideration\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSections dedicated to special cases such as market-linked debentures, slump sales, and valuation of unquoted shares or immovable properties\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 28 – Advance Money and Capital Asset Transfers\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eTreatment of advance money received during transfers and its impact on capital gains (Section 51)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 29 to 44 – Exemptions for Investments in Specific Assets\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eComprehensive guide to exemptions available under Sections 54 to 54H, including investments in residential properties, agricultural land, and specified funds\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 45 – Cost of Acquisition in Special Circumstances\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eIn-depth analysis of determining acquisition costs for various asset types as detailed in Section 55\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 46 – Valuation References and Procedures\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eGuidelines for referring to valuation officers under Section 55A and the procedural aspects involved\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 47 – Set Off and Carry Forward of Losses\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eRules and strategies for setting off capital losses against gains and carrying forward losses to future years\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 48 – Taxation Rates for Capital Gains\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eApplicable tax rates under Sections 111A, 112, and 112A explain applicable tax rates for short-term and long-term capital gains on various asset classes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 49 – Capital Gains for Non-Residents and Offshore Entities\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecific provisions addressing capital gains tax for non-residents, offshore funds, and FIIs under Sections 115AB, 115AC, 115ACA, and 115AD\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 50 – Alternative Tax Regimes for NRIs\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eSpecial tax considerations and benefits for Non-Resident Indians as outlined in Sections 115C to 115-I\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapters 51 to 54 – Special Cases in Capital Gains Taxation\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eCovers taxation on business trusts, transactions in IFSCs, international taxation, and other niche areas related to capital gains\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eChapter 55 – Frequently Asked Questions (FAQs)\u003c\/span\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eA comprehensive FAQ section addressing common queries, practical issues, and planning tips related to capital gains taxation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345268817,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1726481161324_1_9789356227347_Detail-Page.jpg?v=1726920746"},{"product_id":"tds-on-benefits-or-perquisites-under-section-194r-book-by-srinivasan-anand-g","title":"TDS on Benefits or Perquisites under Section 194R book by Srinivasan Anand G","description":"\u003cp\u003e\u003cspan\u003eThis book is a comprehensive and up-to-date commentary on the legal provisions governing the deduction of tax at source on benefits or perquisites in business or profession. It simplifies the scope of Section 194R alongside its interplay with Section 28(iv), incorporates key clarifications issued by the CBDT, and explains the valuation norms lucidly. It aims to guide readers on meeting TDS obligations for various benefits or perquisites—whether in cash, kind, or both.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Company Secretaries, and Lawyers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who regularly advise on TDS and income-tax compliance issues\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCFOs, Finance Managers, and Accounts Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who handle day-to-day TDS compliance within organizations and need clarity on Section 194R\/28(iv)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Consultants and Advisers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking in-depth analysis of evolving TDS rules on benefits or perquisites\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBusiness Owners \u0026amp; Startups\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e to understand TDS implications on non-monetary benefits, free samples, promotional offers, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003c\/span\u003e\u003csup\u003e\u003cspan\u003eth\u003c\/span\u003e\u003c\/sup\u003e\u003cspan\u003e Edition | 2025, amended by the Finance Act 2025. This book is authored by CA. Srinivasan Anand G., with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComparative Analysis of Sections 194R \u0026amp; 28(iv)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Offers insights into how the two sections interrelate and clarify their respective scopes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eDetailed Analysis of New Section 28(iv)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Explores the expanded definition of taxable benefits or perquisites under the Income-tax Act, especially in light of recent amendments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAnalysis of CBDT Circulars\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Explains crucial official clarifications on TDS obligations, valuation, and procedural aspects\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eValuation Norms for Perquisites\/Benefits\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Guides readers on how to measure or determine the fair market value of benefits, whether they are capital assets, shares, gifts, discounts, waivers, or other forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eIllustrative Case Studies\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Showcases practical scenarios such as free samples, foreign tours, gifts to brand ambassadors, loan waivers, etc., and explains TDS treatment under Section 194R\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eExhaustive FAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Answers practical questions on applicability, compliance challenges, coverage, and possible pitfalls\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAlphabetical Reckoner of Benefits\/Perquisites\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A ready reference for quick look-ups of various kinds of benefits\/perquisites and their TDS implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConceptual Framework of Section 194R\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eThe rationale behind introducing TDS on benefits\/perquisites\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSalient features and essential ingredients of Section 194R\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScope \u0026amp; Interplay with Section 28(iv)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eA line-by-line analysis of the newly amended Section 28(iv)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eThe distinction between 'benefit\/perquisite' and 'consideration' or 'compensation'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eLinking TDS with the chargeability under the 'business or profession' head of income\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eValuation Methodologies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStep-by-step approach for items purchased, items manufactured, or intangible benefits\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDetermining Fair Market Value of capital assets, shares, land, jewellery, etc.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eCBDT's guidelines on purely monetary perquisites and combined (cash + kind) benefits\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eApplicability and Exemptions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eThreshold limits (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ee.g., benefits valued at ₹20,000 or less\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eSpecial Scenarios\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Discounts, rebates, cashback, OTS for loan waivers, interest-free loans\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTreatment of freebies to doctors, brand ambassadors, and social media influencers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompliance \u0026amp; Procedural Aspects\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eEnsuring TDS deduction\/payment when the benefit is in kind or partly in kind and partly in cash\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eRemoval of Difficulty Clause\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Powers of CBDT to issue guidelines and the binding nature thereof.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eConsequences of Non-compliance\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Penalties (Section 271C), prosecution (Section 276B), interest, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIllustrative Scenarios \u0026amp; Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eApplication of TDS where share application money is written back, complimentary copies given to authors, foreign trips for distributors, gifts to brand ambassadors, etc.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSpecific coverage on free samples, reimbursement issues, disclaimers, and potential litigation avenues\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlphabetical Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eAn A-to-Z list of diverse benefits\/perquisites (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003efrom amalgamation scenarios to tips collected by hotels\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) with cross-references to relevant paragraphs and chapters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroductory Chapters (1–5)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – They establish the foundational concepts of Section 194R and define who must deduct TDS, who is the recipient, and what constitutes a benefit\/perquisite\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCore Analytical Chapters (6–25) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– These chapters go deeper into the scope, valuation, CBDT's clarifications, and special scenarios—ranging from purely monetary benefits to various forms of non-monetary perquisites\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvanced \u0026amp; Special Topics (26–35)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – These chapters address intricate issues such as amalgamations, shareholder transactions, partner retirements, freebies for doctors, brand ambassadors, etc.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Guidance (Chapters 36–38) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– These chapters wrap up common FAQs, potential litigation areas, and penalty\/prosecution provisions, offering a holistic view of the entire framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345727569,"sku":"9789364555524","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1743074082757_1_9789364555524_-Detail-Page-405x574.jpg?v=1743748440"},{"product_id":"taxmanns-taxation-of-capital-gains-book-by-s-krishnan","title":"Taxmann's Taxation of Capital Gains book by S. Krishnan","description":"\u003cp\u003e\u003cstrong\u003eTaxmann's Taxation of Capital Gains book by S. Krishnan\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eTaxation of Capital Gains stands as one of the most comprehensive and widely respected treatises on capital gains taxation in India. The 2026 Edition crosses a significant threshold: it is the first edition to span two coexisting statutory frameworks simultaneously—the Income-tax Act 1961 and the newly enacted Income-tax Act 2025—both as amended by the Finance Act 2026. The book represents a complete, practitioner-grade reference that integrates statutory text, judicial decisions, CBDT Circulars and Notifications, worked illustrations, and the author's own considered views on interpretational controversies.\u003c\/p\u003e\n\u003cp\u003eThis Edition is engineered to operate seamlessly in both statutory environments—every chapter opens with a dual-column cross-reference table mapping 1961 Act provisions to their 2025 Act counterparts, and the detailed preliminary pages contain a comprehensive master cross-reference spanning the entire capital gains framework.\u003c\/p\u003e\n\u003cp\u003eThe book is structured to answer every question a practitioner may encounter—from foundational definitional matters through computation mechanics, exemptions and rollover reliefs, tax rates, loss treatment, and a range of specialist topics including family arrangement and settlement, NRI taxation, slump sale, intangible assets, charitable trusts, joint development agreements, depreciable assets, buyback of shares, and ULIPs. The author does not merely restate the law. Throughout the work, he explicitly flags interpretational controversies, analyses conflicting Bench decisions, identifies legislative gaps, and offers his own views with reasoning, making this as much a practitioner's analytical companion as it is a statutory commentary.\u003c\/p\u003e\n\u003cp\u003eThis title is designed for professionals who advise at an expert level on capital gains and cannot afford gaps in either statutory currency or judicial coverage. The primary audiences are:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants\u003c\/strong\u003e handling complex capital gains computations, assessment and appellate proceedings, and tax planning mandates for individuals, HUFs, partnership firms, LLPs, companies, trusts, and non-resident clients—particularly in areas involving property transactions, business restructuring, inheritance, gifting, and investment portfolios\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTax Advocates and Litigation Professionals\u003c\/strong\u003e who need a citation-ready reference spanning Supreme Court, High Court, and ITAT decisions with substantive analysis rather than bare headnotes. The book's integration of judgments up to March 2026 makes it current for the ongoing assessment season\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Tax Departments and Transaction Advisors\u003c\/strong\u003e involved in M\u0026amp;A transactions, amalgamations, demergers, slump sales, business restructuring, joint development agreements, and cross-border transfers, where capital gains implications are central to deal structuring and fair market value computations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNRI Taxpayers and their Advisors\u003c\/strong\u003e navigating the procedural and substantive complexity of disposing of Indian assets, understanding TDS obligations, RNOR status and its two-year benefit, and managing compliance obligations under both Acts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSenior Tax Officials and Assessees in Assessment Proceedings\u003c\/strong\u003e who need a balanced, exhaustive reference that addresses both the Revenue's and the assessee's positions on contested issues\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdvanced Tax Law Students and Academic Researchers\u003c\/strong\u003e who require a rigorously indexed, cross-referenced work that traces every capital gains provision from the 1961 Act into the 2025 Act and locates it within the judicial discourse\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 15\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. This book is authored by CA. S. Krishnan with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eDual-Act Cross-Reference Architecture\u003c\/strong\u003e]  A master cross-reference table in the preliminary pages maps the entire capital gains framework across both enactments, and every chapter opens with its own section-level cross-reference table. This is critical in the 2026 assessment season, where the 1961 Act governs tax years ending 31\u003csup\u003est\u003c\/sup\u003e March 2026 and the 2025 Act governs tax years from 1\u003csup\u003est\u003c\/sup\u003e April 2026—practitioners can navigate either framework without risk of applying the wrong Act's analysis. While the 2025 Act largely reformats rather than rewrites the capital gains provisions, specific deletions are identified: Section 54GB has no 2025 Act counterpart; the sick company land transfer exemption and stock exchange demutualisation provision from Section 47 have been removed; and the tabular restructuring of Section 70 introduces its own interpretational questions—all addressed explicitly\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatutory Currency Through Finance Act 2026\u003c\/strong\u003e] All provisions, tax rates, exemption thresholds, investment limits, and computation mechanics reflect the law as amended by the Finance Act 2026. Practitioners working on current assessments, advance rulings, or transactional work have a single fully updated reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJudicial Coverage Up to March 2026\u003c\/strong\u003e] Decisions are incorporated up to March 2026 and analysed in context, not merely cited. Coverage extends to unreported ITAT orders (identified by ITA number and order date), Supreme Court SLP dismissals, and Third Member decisions. The para-level citation structure gives precise locatability to every decision discussed. The author compares co-ordinate Bench reasoning, flags conflicts, and in several instances expresses disagreement with particular rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Illustrations\u003c\/strong\u003e] Computation-intensive provisions carry practical numerical illustrations, not simplified textbook constructs. Section 50 mechanics, Section 50C stamp duty value override, the Section 54EC Rs. 50 lakh ceiling across consecutive financial years, and the Section 112A loss interaction are among the areas where worked examples are provided\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthor's Independent Analytical Views\u003c\/strong\u003e] CA. Krishnan explicitly offers his own views on contested interpretational questions, the soundness of a court's reasoning, conflicts between Bench decisions, or the appropriate practitioner position following a legislative amendment. These views are clearly attributed and grounded in detailed reasoning, making the book useful as a second opinion in assessment and appellate proceedings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDedicated NRI Chapter\u003c\/strong\u003e] Chapter 16B covers property disposal procedures, TDS obligations, RNOR transitional status, and guidance for returning Indians, including a candid account of a senior Income-tax Department official's observations on the pattern of unintentional non-compliance by NRIs.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHistorical CBDT Circular (April 1955)\u003c\/strong\u003e] Chapter 1 opens with the CBDT Circular of 11-4-1955 on the responsibilities of income-tax authorities in guiding assessees, an editorial choice that frames the practitioner's role as a bridge between taxpayer and department, a theme that runs through the NRI chapter as well\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendices on COVID-19 Compliance Relaxations\u003c\/strong\u003e] The three appendices preserve the legislative record of deadline extensions under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act 2020, including the final extension to 31st March 2023 for exemption claims under Sections 54 to 54GB, relevant for assessments and appeals where investment timelines relied on these extensions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book spans 34 chapters covering every dimension of capital gains taxation under both the 1961 Act and the 2025 Act.\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 0 — The Income-tax Act 2025 (Introductory)\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTraces the legislative journey from bill introduction (February 2025) through Select Committee revision and Presidential assent (August 2025), effective April 2026. Covers key structural changes—Tax Year concept replacing Financial Year\/Assessment Year, expanded Virtual Digital Assets definition, and the restructuring of transfer exemptions from Section 47 to Section 70. Includes the master cross-reference table of capital gains provisions across both Acts and a provision-by-provision comparison of Section 70 versus Section 47\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 1–3 — Foundational Framework\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 1 establishes the Section 45 charging conditions and tax-free capital gains categories. Chapter 2 provides an exhaustive definition analysis of capital asset under Section 2(14)\/Section 2(22)—covering all asset types from jewellery and bullion to agricultural land, with over 25 sub-paras of case law on agricultural land classification alone. Chapter 3 covers short-term versus long-term classification, holding period computation across all asset acquisition modes, and the Finance (No. 2) Act 2024 amendments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 4 — What Constitutes a Transfer\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCovers all limbs of Section 2(47), with particular depth on joint development agreements, including the Balbir Singh Maini (SC, 2017) doctrine on unregistered JDAs and the extensive post-2017 jurisprudence distinguishing it on facts. Family settlement provisions run to a dedicated sub-series culminating in the Shanmuga Durai (ITAT Chennai, 2025) analysis. Firm-partner and shareholder-company transaction taxonomies addressed separately\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 5 — Transfers Not Regarded as Transfer\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete Section 47\/Section 70 catalogue across 30+ categories—HUF partition, gifts and wills, parent-subsidiary and group company transfers, amalgamation and demerger exemptions (domestic and cross-border), co-operative bank reorganisations, non-resident bond\/GDR\/IFSC transfers, fund relocations, LLP and proprietary firm conversions, reverse mortgage, SPV-to-business trust conversion, and mutual fund mergers. Covers withdrawal provisions under Section 47A\/Section 71 where conditions are subsequently violated\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 6, 6A, 6B — Year of Taxability\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 6 covers the general rule and exceptions—compulsory acquisition, JDA taxability, and Section 54H time extension for delayed compensation receipt. Chapter 6A is a standalone ULIP treatment covering the pre\/post-February 2021 regime, the Rs. 2.5 lakh premium cap mechanics, fund switching, and the Finance Act 2023 changes. Chapter 6B covers the firm-partner and AoP\/BoI framework—Section 45(3), the pre- and post-2021 Section 45(4), Section 9B, and reconstitution FAQs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 7–12 — Computation Framework\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCovers the full Section 48 computation chain. Chapter 7: full value of consideration including Section 50C, 50CA, and 50D deemed consideration provisions. Chapters 8–9: special immovable property computation rules and the Section 48 deduction analysis across legal fees, brokerage, mortgage discharge, consultancy, and NRI travel expenses. Chapter 10: cost of acquisition across all modes, including bonus shares, rights shares, ESOPs, and inherited\/gifted assets. Chapters 11–12: cost of improvement and indexed cost with Cost Inflation Index mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 13–21 — Exemptions and Rollover Reliefs\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete coverage of all rollover provisions. Sections 54 and 54F (Chapters 13 and 18) are the most extensive, covering eligibility conditions, the one-residential-house restriction, joint and relative-name investment, CGAS mechanics, and the full body of judicial decisions. Section 54B (Chapter 14) continues the agricultural land thread. Section 54EC (Chapter 16) covers the Rs. 50 lakh ceiling, the two-financial-year question, 5-year lock-in, and the V.S. Dempo (SC) ruling on availability against deemed STCG under Section 50. Chapter 16A examines investment in relatives' names for Sections 54, 54B, and 54F. Chapter 16B covers NRI taxation. Chapters 15, 17, 19, and 20 address Sections 54D, 54EE, 54G\/54GA, and 54GB, respectively, and note that Section 54GB has no counterpart in the 2025 Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 22–24 — Tax Rates and the Section 112A Regime\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapters 22–23 cover the computation of STCG and LTCG taxes. Chapter 24 is a comprehensive treatment of the Section 112A\/Section 198 regime—all five applicability conditions, the STT pre-October 2004 acquisition issue, grandfathering mechanics as of 31\u003csup\u003est\u003c\/sup\u003e January 2018, loss set-off under Section 70(3), and the Finance (No. 2) Act 2024 rate revision\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 25–28 — Valuation, Loss, Liquidation, Buyback\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 25: Valuation Officer reference under Section 55A\/Section 91. Chapter 26: capital loss set-off and carry-forward, including the Section 112A interaction with other long-term losses. Chapter 27: liquidation distribution and shareholder capital gains under Section 46\/Section 68. Chapter 28: buyback of shares and specified securities under Section 46A\/Section 69\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 29 — Depreciable Assets\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSection 50 \/ Section 74—block-of-assets framework, both operative scenarios (block survives; block ceases), worked four-scenario numerical illustrations, Section 50A (power generation), Section 50AA (market-linked debentures), goodwill amendment (Finance Act 2021), and the V.S. Dempo exemption availability ruling\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 30 — Slump Sale\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSection 50B\/Section 77—slump sale definition (including the Finance Act 2021 expansion to all transfer modes), net worth computation, the negative net worth issue (Summit Securities Special Bench), FMV obligation from AY 2021-22, the 2021 amendment legislative history, and case law review spanning the lock-stock-and-barrel concept, the overruled decisions (Bharat Bijlee, Vatsala Shenoy, UTV Software, Oricon Enterprises), and the Telangana HC's 2025 ruling in Spectra Shares\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapters 31–33 — Intangibles, Charitable Trusts, Real Estate\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 31: capital gains on goodwill, trademarks, copyrights, and know-how, including the B.C. Srinivasa Setty cost of acquisition problem and Finance Act 2021 interventions. Chapter 32: charitable trust capital gains and Section 11 exemption mechanics. Chapter 33: real estate transactions—JDA analysis, flat exchanges, power of attorney sales, stamp duty value issues, and multi-stage taxability\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eChapter 34 — Other Important Case Laws\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA current-affairs supplement compiling significant judicial decisions up to March 2026 that cut across multiple provisions or address procedural and assessment issues not covered in the thematic chapters\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book is organised as 34 thematically grouped chapters following a logical statutory progression—from the charging provision through definitional analysis, transfer concepts, computation, exemptions, rates, losses, and specialist asset classes. Each chapter follows a consistent internal architecture:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eTable of Corresponding Sections\u003c\/strong\u003e — Mapping the 1961 Act provision to the 2025 Act equivalent, positioned at the chapter's outset\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStatutory Analysis\u003c\/strong\u003e — Section-by-section interpretation with legislative history where relevant\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eJudicial Pronouncements\u003c\/strong\u003e — Case law analysis integrated within the narrative\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIllustrations\u003c\/strong\u003e — Worked numerical examples demonstrating computation in realistic scenarios\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAuthor's Views\u003c\/strong\u003e — Clearly flagged commentary on contested or evolving interpretational questions\u003c\/li\u003e\n\u003cli\u003eThe preliminary pages contain the comprehensive cross-reference master table that maps the full capital gains statutory framework between the two Acts. Three appendices at the end preserve the legislative record of COVID-19 compliance relaxations\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803345924177,"sku":"9789364551045","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_43fe2f7f-f909-4103-9a85-7d09b6bcf3db.jpg?v=1776425813"},{"product_id":"benami-black-money-money-laundering-laws-book-by-taxmann","title":"Benami Black Money \u0026 Money Laundering Laws book by Taxmann","description":"\u003cp\u003e\u003cstrong\u003eBenami Black Money \u0026amp; Money Laundering Laws book by Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIndia's enforcement architecture against illicit wealth, concealed assets, and cross-border financial offences rests on a cluster of interlocking statutes—each with its own procedural framework, adjudicatory hierarchy, and penal consequence. Taxmann's Benami Black Money \u0026amp; Money Laundering Laws is the authoritative single-volume reference that consolidates all five of these foundational laws in their current, fully amended form. The 2026 Edition has been updated to incorporate every amendment effected by the Finance Act 2026—including the newly enacted Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (Sections 130–144 of the Finance Act 2026), which makes its debut in this Edition as a standalone Division.\u003c\/p\u003e\n\u003cp\u003eThe volume captures the complete and evolving text of the Prohibition of Benami Property Transactions Act 1988, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015, the Fugitive Economic Offenders Act 2018, and the Prevention of Money-Laundering Act 2002—each accompanied by their subsidiary rules, regulations, circulars, notifications, and, where applicable, the governing case law. With 588 pages and a scope that ranges from the foundational definitions of 'benami transaction' and 'proceeds of crime' to the procedural mechanics of attachment, adjudication, confiscation, and prosecution, this volume serves as the practitioner's complete reference for India's anti-black money statutory regime.\u003c\/p\u003e\n\u003cp\u003eThis title is designed for a wide but specialised readership:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdvocates and Litigators\u003c\/strong\u003e appearing before the Adjudicating Authority, Appellate Tribunal, Special Courts under PMLA and the Benami Act, and High Courts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants, Company Secretaries, and Tax Professionals\u003c\/strong\u003e advising clients on compliance, disclosures, and enforcement risk under the Black Money Act and PMLA\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEnforcement Directorate and Income Tax Officers\u003c\/strong\u003e engaged in investigation, attachment, and adjudication under these statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Counsel and Compliance Teams\u003c\/strong\u003e with exposure to AML obligations, KYC requirements, and reporting entity obligations under PMLA\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAcademicians and Researchers\u003c\/strong\u003e in tax law, financial crime, and public law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eHigh-net-worth Individuals and NRIs\u003c\/strong\u003e with undisclosed foreign assets who may benefit from the 2026 Disclosure Scheme\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBanks, NBFCs, and Other Reporting Entities\u003c\/strong\u003e subject to Aadhaar authentication mandates and maintenance-of-records obligations under PMLA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 2026 Edition and amended by the Finance Act 2026. This book is edited by Taxmann's Editorial Board with the following coverage.\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Statutory Coverage\u003c\/strong\u003e] Five major statutes—together with their full complement of subsidiary rules, scheme regulations, and adjudicatory regulations—are consolidated in a single, coherently organised volume, eliminating the need to cross-reference multiple bare acts and gazette compilations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated to Finance Act 2026\u003c\/strong\u003e] The Black Money Act 2015, the PMLA 2002, and the Benami Act 1988 are reproduced with all amendments incorporated up to and including the Finance Act 2026. Each provision carries precise amendment footnotes indicating the amending act, the date of effect, and the text of the superseded provision, enabling readers to trace the legislative history of every section\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e] Division Five is new to the 2026 Edition. It reproduces, in full, Sections 130 to 144 of the Finance Act, 2026—the complete statutory text of the Disclosure Scheme providing a limited-window amnesty for small taxpayers with undisclosed foreign assets not exceeding ₹1 crore, with a structured tax-plus-penalty regime and immunity from prosecution\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eEmbedded Case Law\u003c\/strong\u003e] The Benami Transactions Act and Black Money Act divisions contain annotated case law under individual sections—drawn from Supreme Court and High Court decisions—providing immediate judicial context to each provision without the need to consult a separate digest\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOfficial Notifications and Circulars\u003c\/strong\u003e] Every division carries the relevant official gazette notifications, CBDT circulars, and ministerial instructions applicable to that statute, including PMLA notifications relating to Aadhaar authentication by reporting entities, appointment of Special Public Prosecutors across all States and Union Territories, and KYC record-keeping obligations for SEBI-registered intermediaries\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Rules and Scheme Texts\u003c\/strong\u003e] All subsidiary rules, including the seven sets of Fugitive Economic Offenders Rules 2018 and the full suite of Prevention of Money-Laundering Rules 2005—are reproduced in their complete and current form, along with the Adjudicating Authority (Procedure) Regulations 2013\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendment Trail Transparency\u003c\/strong\u003e] Throughout the text, every substituted, inserted, or omitted provision is footnoted with the amending instrument and effective date, and, importantly, the prior text of the substituted or omitted provision is reproduced verbatim in the footnotes. This enables practitioners to establish the state of the law at any given point in the amendment history, which is especially significant in enforcement proceedings where the relevant provision depends on the date of the alleged transaction\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBenami Transactions Informants Reward Scheme 2018\u003c\/strong\u003e] This Division also includes the complete Reward Scheme, enabling reporting and compliance officers to advise on both enforcement risk and informant mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision One | Prohibition of Benami Property Transactions Act 1988 with Rules\u003c\/strong\u003e — The foundational anti-benami statute, as comprehensively overhauled by the Benami Transactions (Prohibition) Amendment Act 2016 and further amended through the Finance Acts of 2019, 2020, 2021, 2023, 2024, and the Finance (No. 2) Acts of 2019 and 2024. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull statutory text of all 72 sections across eight Chapters, with omitted sections retained and their prior text reproduced in footnotes\u003c\/li\u003e\n\u003cli\u003eKey definitional provisions, including the expanded four-limb definition of 'benami transaction' under Section 2(9) and its exceptions for HUF transactions, fiduciary arrangements, spousal\/lineal transfers, and joint-ownership structures\u003c\/li\u003e\n\u003cli\u003eDetailed procedural provisions on notice, provisional attachment (extended to four months by the Finance (No. 2) Act, 2024), adjudication, confiscation, and vesting\u003c\/li\u003e\n\u003cli\u003eAppellate Tribunal constitution, qualification, procedure, and jurisdiction, including the restructured Adjudicating Authority mechanism following the Finance Act 2021's merger of the Adjudicating Authority with the SAFEMA competent authority\u003c\/li\u003e\n\u003cli\u003eSpecial Courts for criminal prosecution; offences and penalties, including Section 53 (rigorous imprisonment and fine for benami transactions) and Section 54 (penalty for false information)\u003c\/li\u003e\n\u003cli\u003eImmunity from prosecution under Section 55A\u003c\/li\u003e\n\u003cli\u003eProhibition of Benami Property Transactions Rules 2016 (as amended)\u003c\/li\u003e\n\u003cli\u003eConditions of Service of Members of Adjudicating Authority Rules 2019\u003c\/li\u003e\n\u003cli\u003eBenami Transactions Informants Reward Scheme 2018\u003c\/li\u003e\n\u003cli\u003eRelevant notifications\u003c\/li\u003e\n\u003cli\u003eCase law annotations are integrated under key sections, particularly Sections 2(9), 2(19), 24, 26, and 27, covering landmark Supreme Court and High Court decisions on the prospective application of the 2016 Amendment, jurisdictional validity of Initiating Officers, and e-gazette notification dates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Two | Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 with Rules\u003c\/strong\u003e — The primary statute targeting Indian residents' undisclosed foreign income and assets, as amended by the Finance Act 2026. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete statutory text with all Finance Act amendments incorporated\u003c\/li\u003e\n\u003cli\u003eBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules 2015\u003c\/li\u003e\n\u003cli\u003eUndisclosed Foreign Income and Assets Challan\u003c\/li\u003e\n\u003cli\u003eCBDT Instructions Regarding Handling of Income-tax Cases and Black Money Cases\u003c\/li\u003e\n\u003cli\u003eExtensive CBDT FAQs and circulars addressing: the scope of 'undisclosed foreign asset,' the interaction between DTAA information-sharing and disclosure eligibility, Schedule FA reporting obligations, the treatment of partially-explained assets, and the consequences of non-declaration in an era of Automatic Exchange of Information (AEOI) under FATCA and CRS\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Three | Fugitive Economic Offenders Act 2018 with Rules\u003c\/strong\u003e — The statute enabling confiscation of the properties of persons who have left India to evade prosecution for scheduled offences. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the Fugitive Economic Offenders Act 2018\u003c\/li\u003e\n\u003cli\u003eSix sets of Rules 2018 governing: the form and manner of filing applications for declaration; attachment of property; issuance of provisional attachment orders; conduct of search and seizure; receipt and management of confiscated properties; and procedure for sending letters of request to contracting states\u003c\/li\u003e\n\u003cli\u003eRelevant notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Four | Prevention of Money-Laundering Act 2002 with Rules\u003c\/strong\u003e — The most expansive Division in the volume, reflecting PMLA's role as the cornerstone of India's anti-money laundering framework. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of PMLA 2002 as amended up to date (all Chapters, Sections 2 through 75)\u003c\/li\u003e\n\u003cli\u003eThirteen sets of Rules and Regulations:\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eManner of Forwarding Provisional Attachment Orders to the Adjudicating Authority Rules, 2005\u003c\/li\u003e\n\u003cli\u003eReceipt and Management of Confiscated Properties Rules 2005\u003c\/li\u003e\n\u003cli\u003eMaintenance of Records Rules 2005 (with KYC and CKYCRR amendments)\u003c\/li\u003e\n\u003cli\u003eForms, Search and Seizure or Freezing Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Forwarding Arrest Order Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Forwarding Order of Retention of Seized Property Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Receiving Records Authenticated Outside India Rules 2005\u003c\/li\u003e\n\u003cli\u003eAppeal Rules 2005\u003c\/li\u003e\n\u003cli\u003eAdjudicating Authority (Procedure) Regulations 2013\u003c\/li\u003e\n\u003cli\u003eIssuance of Provisional Attachment Order Rules 2013\u003c\/li\u003e\n\u003cli\u003eTaking Possession of Attached or Frozen Properties Rules 2013\u003c\/li\u003e\n\u003cli\u003eRestoration of Property Rules 2016\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eExtensive notifications covering:\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eAadhaar authentication authorisation for reporting entities (banks, NBFCs, mutual funds, insurance companies, SEBI-registered intermediaries, fintech entities) under Section 11A, including notifications up to October 2025\u003c\/li\u003e\n\u003cli\u003eAppointment of Special Public Prosecutors across all zones and States under Section 46, as updated through December 2024 and September 2025, including under the Bharatiya Nagarik Suraksha Sanhita 2023\u003c\/li\u003e\n\u003cli\u003eDesignation of the Director, Financial Intelligence Unit-India as Nodal Officer under Section 13 read with Section 79 of the IT Act 2000\u003c\/li\u003e\n\u003cli\u003eSEBI-registered intermediary KYC upload and retrieval through KRA and CKYCRR\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Five | Foreign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e — A complete reproduction of Chapter IV of the Finance Act 2026 (Sections 130 to 144), constituting the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. Key provisions include:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEligibility – Resident assessees (and non-residents\/not-ordinarily-resident who were resident in the relevant previous year) with undisclosed foreign assets or income\u003c\/li\u003e\n\u003cli\u003eDeclaration Window – Open-ended from the date of commencement on notification, until the 'last date' as notified by the Central Government\u003c\/li\u003e\n\u003cli\u003eTax and Penalty Structure –\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eFor undisclosed foreign assets\/income not exceeding ₹1 crore in aggregate: 30% tax on asset value\/income, plus 100% of such tax as penalty—totalling an effective 60% outgo\u003c\/li\u003e\n\u003cli\u003eFor assets located outside India acquired from non-resident-period income or disclosed-but-undeclared foreign assets not exceeding ₹5 crore: a flat fee of ₹1 lakh\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003ePayment Mechanism – Electronic verification; amount communicated within one month; payment due within two months; one-month extension with 1% per month interest\u003c\/li\u003e\n\u003cli\u003eImmunity – Full immunity from further tax, penalty, and prosecution under the Black Money Act 2015 for income\/assets declared and paid for up to 31 March 2026 or earlier years\u003c\/li\u003e\n\u003cli\u003eNon-Applicability – Expressly excludes assets representing proceeds of crime under PMLA proceedings, and assets where Black Money Act assessment proceedings have been completed\u003c\/li\u003e\n\u003cli\u003eEffect on Pending Proceedings – Assessing Officer required to take the declaration into account in finalising pending assessment orders\u003c\/li\u003e\n\u003cli\u003eBoard Powers – CBDT empowered to issue directions; Central Government empowered to make rules and remove difficulties within two years of commencement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe volume is divided into five self-contained Divisions, each prefaced by a detailed Arrangement of Sections or Arrangement of Paragraphs (for the Disclosure Scheme), enabling rapid section-level navigation. Within each Division:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe principal Act is presented first, in section-number order, with all amendments incorporated inline\u003c\/li\u003e\n\u003cli\u003eEvery amendment is footnoted with the amending instrument, date of effect, and prior text\u003c\/li\u003e\n\u003cli\u003eRules, regulations, and scheme texts follow the parent Act in logical order\u003c\/li\u003e\n\u003cli\u003eCirculars and notifications are grouped at the end of each Division\u003c\/li\u003e\n\u003cli\u003eCase law, where applicable, is integrated within the statutory text at the relevant section, annotated with citation references\u003c\/li\u003e\n\u003cli\u003eThe cross-referencing architecture across Divisions reflects the interconnected nature of the legislation—the Benami Act expressly cross-references PMLA's definition of 'proceeds of crime,' while the Disclosure Scheme expressly carves out PMLA-proceeding assets and Black Money Act-assessed assets. The volume's consolidated structure makes these cross-statute interactions immediately visible\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803346776145,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_725f4b30-3f9f-4491-b7c6-24f2b6765e6f.jpg?v=1775192204"},{"product_id":"master-guide-to-income-tax-act-2025-book-by-taxmann","title":"Master Guide to Income Tax Act 2025 Book By Taxmann","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/7BIZTF8LryU\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eMaster Guide to Income Tax Act 2025 Book By Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eMaster Guide to Income Tax Act 2025 (37\u003csup\u003eth\u003c\/sup\u003e Edition) is Taxmann’s flagship single-volume reference work for the transition from the Income-tax Act 1961 to the Income-tax Act 2025.  This Edition of the Master Guide has been updated to reflect the Finance Act 2026, making it the definitive reference for the current assessment cycle. Across 1,800+ pages and four Divisions, it delivers:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eA provision-by-provision comparative commentary covering every substantive change from the ITA 1961 to the ITA 2025\u003c\/li\u003e\n\u003cli\u003eA complete TDS and TCS rate reckoner under the ITA 2025\u003c\/li\u003e\n\u003cli\u003eThe full body of CBDT circulars, clarifications, and notifications from 1961 through February 2026 mapped to ITA 2025 sections\u003c\/li\u003e\n\u003cli\u003eA curated digest of landmark Supreme Court and High Court rulings, spanning 1922 through February 2026, indexed under the new statute\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThis book is intended for the following audience:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants and Tax Consultants \u003c\/strong\u003emanaging compliance, structuring, and advisory under the new statutory framework while handling legacy ITA 1961 proceedings in parallel\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Tax Teams\u003c\/strong\u003e responsible for assessments, returns, and internal reporting across the transitional period, where both statutes operate simultaneously\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdvocates and Litigation Counsel\u003c\/strong\u003e appearing before income-tax authorities, ITAT, High Courts, and the Supreme Court—the landmark rulings digest is directly keyed to ITA 2025 section numbers\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTransfer Pricing Specialists\u003c\/strong\u003e working with the revised safe harbour rules, APA regime, associated enterprise definition, and arm’s length price determination under the new Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOfficers of the Income Tax Department\u003c\/strong\u003e requiring a comparative reference to apply ITA 2025 provisions while administering or contesting matters arising under the ITA 1961\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTax Policy Professionals and Academics\u003c\/strong\u003e tracking the legislative evolution of Indian income tax across the full spectrum—definitions, charging provisions, computation heads, procedural machinery, and penalties\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 37\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFirst Authoritative Comparative Commentary on ITA 2025 vs. ITA 1961\u003c\/strong\u003e] Division One—the intellectual centrepiece of the book at approximately 463 pages—provides a chapter-by-chapter, para-by-para comparative analysis of the ITA 2025 against the ITA 1961 across all 20 subject-matter areas. Every para follows a disciplined structure: position under the ITA 1961, corresponding section in the ITA 2025, and a full analysis of the change, including legislative intent, interpretive implications, and practical consequences. The commentary does not merely describe what changed—it explains why it changed, whether the change is substantive or merely structural, and where interpretive uncertainty survives despite the new drafting\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Fully Integrated\u003c\/strong\u003e] The book is updated to incorporate all amendments made to both the ITA 2025 and the ITA 1961 by the Finance Act 2026—including changes to prosecution provisions (replacement of 'rigorous imprisonment' with 'simple imprisonment,' introduction of graded punishment structures, decriminalisation of certain offences), provident fund investment rule rationalisation, MAT amendments, and further TDS\/TCS adjustments. Where the Finance Act 2026 has not amended a provision of the ITA 2025, the commentary explicitly notes this, maintaining clean editorial discipline on which changes originate from the new statute versus the most recent Finance Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructural Transformation Fully Articulated\u003c\/strong\u003e] The book systematically maps the architectural redesign of the statute: the elimination of the 'Previous Year' and 'Assessment Year' concepts and their replacement with the unified 'Tax Year'; the consolidation of all NPO\/trust provisions (previously scattered across Section 10, Sections 11–13, and related provisions amended by more than 20 Finance Acts since 1961) into a single dedicated chapter; the recharacterisation of Section 10 exemptions as deductions; the migration of 1,200 provisos and 900 explanations into sub-sections, clauses, and sub-clauses; and the addition of five new schedules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete TDS\/TCS Rate Reckoner Under ITA 2025\u003c\/strong\u003e] Division Two provides comprehensive tabular reference covering every TDS and TCS provision under the ITA 2025, with columns covering: nature of income\/receipt, payer category, payee category, threshold, rate where PAN\/Aadhaar is furnished, rate where PAN\/Aadhaar is not furnished, and time of deduction\/collection. All fourteen exemption categories are separately tabulated with full conditions. The TCS reckoner covers all nine TCS categories under Section 394(1), including the rationalised uniform 2% rate structure and the LRS\/overseas travel package differential rates\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExhaustive CBDT Administrative Guidance—Dual-Indexed\u003c\/strong\u003e] Division Three compiles the complete body of CBDT circulars, clarifications, and notifications from 1961 through February 2026 that retain relevance under the ITA 2025. Critically, because the ITA 2025 renumbers and restructures sections relative to the ITA 1961, the section key maps legacy guidance to the corresponding ITA 2025 provision, preventing the section-numbering disconnect from rendering decades of administrative guidance inaccessible. An alphabetical key is also provided for keyword-based retrieval. The division spans approximately 584 pages, constituting the most extensive compilation of CBDT administrative guidance available in a single volume under the new Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCentury-Spanning Landmark Judicial Digest—Dual-Indexed\u003c\/strong\u003e] Division Four assembles the landmark rulings of the Supreme Court and High Courts from 1922 through February 2026 that continue to govern interpretation under the ITA 2025. The approximately 743 pages of judicial digest are indexed both section-wise (under ITA 2025 section numbers) and alphabetically by subject. The alphabetical index spans the full spectrum of direct tax jurisprudence—from agricultural income and amalgamation through transfer pricing, unexplained credits, and search and seizure\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book is divided into three core divisions:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision One | Comparative Commentary (approx. 463 pages) — \u003c\/strong\u003eOrganised across 20 thematic chapters. Each chapter opens with an ‘Overview’ para listing all changes in that subject area, followed by detailed paras analysing each change in full.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChapter 1 | Introduction — Legislative history of the ITA 2025, its structural statistics (536 sections, 16 schedules, 2.60 lakh words, no provisos, no explanations), Finance Act, 2026 amendments to both statutes, and the 1 April 2026 effective date\u003c\/li\u003e\n\u003cli\u003eChapter 2 | Definitions — Eleven changes including: unified Tax Year concept replacing Previous Year and Assessment Year; expansion of books of account to cover cloud-based storage; revised definition of ‘charitable purpose’; expansion of ‘income’ to cover all import\/export incentives; and explicit clarification that ‘relative’ covers both maternal and paternal lineal ascendants\u003c\/li\u003e\n\u003cli\u003eChapter 3 | Basis of Charge — TCS explicitly included in the Section 4 charging mechanism; POEM definition refined; ‘reasonably attributable’ standard extended to SEP-based attribution; ‘through or from’ applied uniformly to capital asset transfers; royalty definition expanded to ‘transfer or grant’ (legislative response to Engineering Analysis); eligible investment fund cap increased from 20% to 25%\u003c\/li\u003e\n\u003cli\u003eChapter 4 | Salary and House Property — Structural realignment of salary exemptions into deductions; revised exclusions from ‘profits in lieu of salary’; definitional shift from ‘any house property’ to ‘any property’ for inadequate consideration transfers\u003c\/li\u003e\n\u003cli\u003eChapter 5 | Business Income — Over 27 paras covering depreciation; employee welfare expense consolidation and timing alignment; commodity derivative definition; critical minerals expansion; presumptive tax scheme modifications for goods carriage, shipping, airlines, civil construction, cruise shipping, and electronics manufacturing; proportionate deduction rule consolidation; and tax audit threshold changes\u003c\/li\u003e\n\u003cli\u003eChapter 6 | Capital Gains — Buyback of shares shifted from deemed dividend to capital gains; Sovereign Gold Bond exemption restricted to original holders holding to maturity; drafting correction to the capital gains charging provision\u003c\/li\u003e\n\u003cli\u003eChapter 7 | Other Sources — Elimination of deemed dividend treatment for intra-group loans; restriction on expense deductions from dividend and mutual fund income; deduction now allowed for land revenue, local rates, and municipal taxes\u003c\/li\u003e\n\u003cli\u003eChapter 8 | Deductions and Exemptions — Sixteen paras covering new exemptions (disability pension for armed forces; MACT compensation interest; RFCTLARR Act compulsory acquisition proceeds; income of foreign companies providing capital goods to contract manufacturers; returning residents’ income for five years; data centre service income exempt until TY 2046-47; New Development Bank exemption); rationalised co-operative society deductions; IFSC\/OBU revisions; start-up turnover limit increase\u003c\/li\u003e\n\u003cli\u003eChapter 9 | Taxation Framework for Registered NPOs — The most structurally significant chapter—19 paras covering the entire redesigned NPO framework: revised definition of charitable purpose; application and regime-switching; tax computation across regular, specified, residual income, and corpus donations; application and accumulation of income; commercial activity restrictions; specified violations; accreted income tax; merger non-triggering provision; and approval for donations\u003c\/li\u003e\n\u003cli\u003eChapter 10 | Special Tax Rates — Unexplained income tax rate reduced from 60% to 30%; NRI foreign exchange asset regime consolidation; IFSC post-holiday income provisions; MAT rationalisation; concessional regime depreciation; and unexplained investment\/asset\/cash provisions\u003c\/li\u003e\n\u003cli\u003eChapters 11–20 | Tonnage Tax, Transfer Pricing, TDS\/TCS, Return \u0026amp; Appeals, Interest \u0026amp; Fee, Assessment Proceedings, Search \u0026amp; Seizure, Penalties, Prosecution, Miscellaneous — Exhaustive coverage of all remaining subject areas including: safe harbour rationalisation; APA regime changes; 22+ TDS\/TCS amendments; extended return filing deadline; Dispute Resolution Committee enhancements; block assessment time limit extension; replacement of rigorous with simple imprisonment across all prosecution provisions; graded punishment structures; decriminalisation of specified offences; and provident fund investment rule rationalisation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Two | TDS\/TCS Rate Reckoner (approx. 28 pages)\u003c\/strong\u003e \u003cstrong\u003e— \u003c\/strong\u003eComprehensive tabular reference for every withholding provision under the ITA 2025, organised by category: salary and EPF; interest and dividend (domestic, foreign borrowings, infrastructure debt funds, bonds\/GDRs, business trust, AIF, securitisation trust, FII\/specified fund); virtual digital assets, lottery, horse racing; contractors, e-commerce, royalty, professional\/technical services, purchase of goods; commission, rent, immovable property; remuneration and benefits; and non-resident payments. Fourteen exemption categories fully detailed. TCS reckoner covers the rationalised uniform 2% structure, LRS tiered rates, and overseas tour packages\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Three | CBDT Circulars, Clarifications \u0026amp; Notifications, 1961–February 2026 (approx. 584 pages)\u003c\/strong\u003e — The complete administrative corpus of CBDT guidance curated for continued relevance under the ITA 2025, preceded by two independent indices: a section key (cross-referencing ITA 2025 section numbers) and an alphabetical key. The section key resolves the numbering discontinuity between the two Acts, ensuring guidance originally issued under ITA 1961 section references is accessible via ITA 2025 section numbers\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Four | Landmark Rulings of the Supreme Court and High Courts, 1922–February 2026 (approx. 743 pages) \u003c\/strong\u003e— A curated digest spanning over a century of Supreme Court and High Court jurisprudence, organised under ITA 2025 section numbers and preceded by a section key and an alphabetical key covering over 120 subject heads. Integrates rulings from 1922 through February 2026, including recent 2024–25 High Court pronouncements. The alphabetical index spans the full field—agricultural income, amalgamation, arm’s length pricing, capital gains, charitable purpose, depreciation, deemed accrual, MAT, NPO taxation, penalties, search and seizure, transfer pricing, unexplained credits, and more\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eDivision One is organised in 20 chapters. Each chapter opens with a numbered ‘Overview’ para listing all changes in the subject area. This is followed by individual numbered paras, each covering one discrete change in a standard three-part format:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePosition under ITA 1961 → corresponding ITA 2025 provision → analysis of change\u003c\/li\u003e\n\u003cli\u003eCross-references between chapters are provided where changes in one area have consequential implications in another\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eDivision Two uses a master table format for TDS and a separate table for TCS, with nine column-heads and footnoted conditions for rates-in-force, specified persons, PAN\/Aadhaar differentials, and exemptions\u003c\/li\u003e\n\u003cli\u003eDivisions Three and Four are each preceded by two independently usable index systems: a section key organised by ITA 2025 section number, and an alphabetical key listed by subject. The substantive content is organised by ITA 2025 section number, with CBDT materials presented chronologically in Division Three and rulings presented under sub-headings derived from the legal principle established in Division Four\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803346939985,"sku":"9789371265850","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_5645eaa4-6d89-43fe-8960-1d3fb871f435.jpg?v=1775029978"},{"product_id":"income-tax-act-book-2025-as-amended-by-finance-act-2026-by-taxmann","title":"Income Tax Act book 2025 (As amended by Finance Act 2026) by Taxmann","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/xcXv4MT6rp4\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eIncome Tax Act book 2025 (As amended by Finance Act 2026) by Taxmann \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eI\u003c\/span\u003e\u003c\/em\u003encome-Tax Act 2025 is the definitive, fully annotated text of India's landmark Income-tax Act 2025—the successor legislation to the Income-tax Act 1961—as further amended by the Finance Act 2026. This is Taxmann's flagship publication, now in its 73\u003csup\u003erd\u003c\/sup\u003e Edition, and represents over six decades of unbroken editorial continuity.\u003c\/p\u003e\n\u003cp\u003eThe Income-tax Act 2025 is the most consequential restructuring of Indian direct tax law in over six decades. It repeals and replaces the Income-tax Act, 1961—consolidating, rationalising, and renumbering an entire body of law that had accumulated across nearly 300 amendments and countless provisos, explanations, and sub-clauses over 60 years. The 2025 Act restructures 298 sections of the old law into 535+ sections across 22 chapters, introducing logical sub-sectioning, tabular presentation of rates and conditions, cleaner definitional architecture, and a new concept of ‘tax year’ to replace the old ‘previous year\/assessment year’ framework.\u003c\/p\u003e\n\u003cp\u003eWith over 1,500 pages, including five legislative instruments, three cross-reference tables, associated law provisions, and a comprehensive subject index—all centred around a fully annotated statutory text—this volume stands as the definitive single-volume reference on the Income-tax Act, 2025 for the Indian legal and tax community.\u003c\/p\u003e\n\u003cp\u003eThis publication serves the full spectrum of India's direct tax constituency:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003ePractising Professionals\u003c\/strong\u003e — Chartered accountants, tax advocates, and consultants who need an annotation-rich, always-updated primary text for daily advisory, compliance, and litigation work. The volume's annotation structure is calibrated precisely for the working professional who needs to know not just the provision but also the applicable rule, the relevant CBDT circular, and the judicial meaning of key terms—all from a single source\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Tax Functions\u003c\/strong\u003e — In-house counsel, CFOs, and tax departments of companies navigating the transition from the old to the new Act, particularly in areas involving MAT computation, transfer pricing, capital gains, and the new tax regime applicable to domestic companies and co-operative societies\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIncome Tax Department and Tribunal Members\u003c\/strong\u003e — Officers conducting assessment, reassessment, search, and survey proceedings; appellate authorities hearing appeals before the Commissioner (Appeals), Joint Commissioner (Appeals), and ITAT; and members dealing with revised faceless assessment and dispute resolution procedures introduced under the new Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eInternational Tax Practitioners\u003c\/strong\u003e — Specialists advising on DTAA positions, non-resident taxation, transfer pricing, GAAR, CbCR, APAs, and IFSC unit taxation, all of which are significantly restructured and re-sectioned under the 2025 Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLaw and Commerce Students, CA\/CS\/CMA Aspirants\u003c\/strong\u003e — The primary statutory text, with its institutional cross-references and contextual annotations, serves equally as an examination resource and a foundation for professional-level understanding of the new code\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication, in its 73\u003csup\u003erd\u003c\/sup\u003e Edition | 2026, upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act 2026. The book is authored and edited by Taxmann's Editorial Board, continuing its legacy as a cornerstone in Direct Tax, with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFully Annotated Statutory Text—Four-Dimension Architecture\u003c\/strong\u003e] The statutory text of every section is accompanied by four layers of structured annotation:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRules and Forms — Each provision is cross-referenced to the corresponding rule(s) under the Income-tax Rules 2026 and the prescribed form(s). For example, references to Rule 3 or Rule 4 alongside the relevant provision, and form references where compliance requires filing—eliminating the need to separately consult the Rules\u003c\/li\u003e\n\u003cli\u003eCirculars and Notifications — Relevant CBDT circulars and notifications are cited directly beneath the provision they qualify or clarify. Historical circulars going back to the 1970s and 1980s are retained where they remain operative, giving practitioners the complete administrative guidance landscape alongside the statutory text\u003c\/li\u003e\n\u003cli\u003eWords and Phrases Judicially Noticed — Terms that have acquired specific judicial meaning—such as 'accumulated profits,' 'distribution,' 'beneficially held,' 'in the ordinary course of business,' 'manufacture,' 'charitable purpose,' 'person,' and others—are flagged at the precise provision where they arise.\u003c\/li\u003e\n\u003cli\u003eAllied Laws — Where a provision cross-references another statute—the Companies Act 2013, the Indian Partnership Act 1932, the Reserve Bank of India Act 1934, the FEMA 1999, the Bharatiya Nyaya Sanhita 2023, the IT Act 2000, and several others—the relevant allied law provision is identified in the annotation and its full text is reproduced in the Appendix to Division One. This is a significant editorial feature: the reader does not need to cross-refer to a separate volume of statutes to understand the complete legal position\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments—Incorporated\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEvery change introduced by the Finance Act 2026 is incorporated directly into the text of the relevant provision, not listed separately or flagged in a table of amendments. Where a sub-section has been substituted or a clause omitted, the amended text appears in its correct position with a footnote identifying the change, effective date (w.e.f.), and the prior text. This ensures that the reader always works with the current legal position—not an unamended base text with addenda\u003c\/li\u003e\n\u003cli\u003eRepresentative Finance Act 2026 amendments incorporated include the substitution of the definition of 'co-operative society' (Section 2(32)) to include Multi-State Co-operative Societies, the omission of sub-clause (f) from the definition of 'dividend' (Section 2(40)) relating to buybacks, and the expanded definition of 'group entity' for IFSC Finance Company purposes—all incorporated inline with the statutory text\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Layer 1961–2025 Correspondence System\u003c\/strong\u003e] The most operationally critical feature of this Edition for practitioners trained under the old Act is the three-tier cross-reference apparatus between the 1961 and 2025 Acts:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInline Corresponding Provision — Every section carries a 'Corresponding Provision' reference to its 1961 Act equivalent immediately after the section text. This is consistently applied throughout, even where a single 2025 provision consolidates multiple 1961 provisions (e.g., Section 2(90) corresponds to Section 2(37A); Section 8 corresponds to Section 9B; Section 116 maps to Sections 72, 72A, and 72AB of the 1961 Act)\u003c\/li\u003e\n\u003cli\u003eTable 1 | 1961 Act → 2025 Act — A dedicated table at the front maps every section (and key sub-sections\/clauses) of the 1961 Act to the corresponding provision of the 2025 Act, with section headings for both\u003c\/li\u003e\n\u003cli\u003eTable 2 | 2025 Act → 1961 Act — The reverse mapping, allowing practitioners beginning from the 2025 Act provision to identify its 1961 origin\u003c\/li\u003e\n\u003cli\u003eComprehensive Table | Sub-Section and Clause Level — The most granular layer maps every sub-section and clause of the 2025 Act to the equivalent sub-section and clause of the 1961 Act. Where a single 2025 clause corresponds to multiple 1961 provisions—as is common given the consolidation exercise—all are listed. For complex provisions such as Section 206 (MAT\/AMT) or Section 532 (power to frame schemes), the mapping runs to several pages\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFive Legislative Instruments in One Volume\u003c\/strong\u003e] The volume extends beyond the 2025 Act to include the full text of four companion legislative instruments—converting it into a complete desk reference for direct tax practice:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIncome-tax Act 2025 (as amended by Finance Act 2026)\u003c\/li\u003e\n\u003cli\u003eFinance Act 2026\u003c\/li\u003e\n\u003cli\u003eSecurities Transaction Tax\u003c\/li\u003e\n\u003cli\u003eCommodities Transaction Tax\u003c\/li\u003e\n\u003cli\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix of Allied Laws and Subject Index\u003c\/strong\u003e] The Appendix reproduces the complete text of every allied law provision cited anywhere in the 2025 Act—including relevant sections from the Companies Act 2013, the Indian Partnership Act 1932, the RBI Act 1934, the LLP Act 2008, SCRA 1956, FEMA 1999, the Bharatiya Nyaya Sanhita 2023, the Information Technology Act 2000, the PFRDA Act, and several regulatory frameworks under IRDAI and SEBI. The Subject Index provides a parallel, concept-based point of entry into the Act for practitioners who are navigating a legal question rather than a known section number.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003ePreliminary Comparative Tables\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTable 1 — All sections of the Income-tax Act 1961 with their corresponding sections in the Income-tax Act 2025 (section headings for both Acts included)\u003c\/li\u003e\n\u003cli\u003eTable 2 — All sections of the Income-tax Act 2025 with their corresponding sections in the Income-tax Act 1961\u003c\/li\u003e\n\u003cli\u003eTable 3 — A comprehensive, clause-level table mapping every section, sub-section, and clause of the 2025 Act to the corresponding provision of the 1961 Act—an indispensable tool for practitioners migrating institutional knowledge from the old regime to the new\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDivision One — Income-tax Act 2025\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections — Full topical listing of all 535+ sections across 22 chapters\u003c\/li\u003e\n\u003cli\u003eComplete annotated text of the Income-tax Act 2025 as amended by the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003eAppendix — List of provisions of Allied Acts, Circulars, and Regulations referred to in the Act, followed by the full text of each such provision\u003c\/li\u003e\n\u003cli\u003eSubject Index — A detailed keyword and concept index enabling rapid location of any topic within the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDivision Two — Finance Act 2026 (Dedicated Section)\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull text of the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDivision Three — Securities Transaction Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull statutory text of the Securities Transaction Tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDivision Four — Commodities Transaction Tax\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull statutory text of the Commodities Transaction Tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDivision Five — Foreign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Paragraphs\u003c\/li\u003e\n\u003cli\u003eFull text of the Scheme\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe book follows a five-layer navigational architecture:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eLayer 1 — Macro Cross-Reference (Front Matter)\u003c\/strong\u003e | Three tables occupying over 350 pages map the entire 1961–2025 Act transition at section, sub-section, and clause level. This is the primary orientation tool for a profession that has worked with the 1961 Act for six decades\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLayer 2 — Chapter and Section Arrangement\u003c\/strong\u003e | The Arrangement of Sections within Division One provides a chapter-by-chapter, sub-head-by-sub-head, section-by-section page reference across all 535+ sections and their sub-divisions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLayer 3 — Annotated Section Text\u003c\/strong\u003e | Within each section, the layout is: statutory text → 'Corresponding Provision' cross-reference → footnotes covering rules, forms, circulars, notifications, judicial vocabulary, and allied law references. Finance Act, 2026 amendments are incorporated into the body with identifying footnotes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLayer 4 — Appendix as Self-Contained Allied Law Reference\u003c\/strong\u003e | The Appendix in Division One reproduces the complete text of every allied statute provision cited in the Act—eliminating the need to consult separate volumes for definitions, procedural provisions, and regulatory frameworks drawn from dozens of other statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLayer 5 — Subject Index as Reverse Entry Point\u003c\/strong\u003e | The detailed Subject Index enables concept-driven access to the Act, complementing the section-based and table-based navigation available at the front of the volume\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803346972753,"sku":"9789371267892","price":1817.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_6dfdf956-d3de-43a4-a093-23d6220568a1.jpg?v=1774955967"},{"product_id":"master-guide-to-income-tax-rules-book-by-taxmann","title":"Master Guide to Income Tax Rules book by Taxmann","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eMaster Guide to Income Tax Rules 2026\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's flagship, rule-wise treatise on the Income-tax Rules 2026, notified vide G.S.R. No. 198(E), dated 20-03-2026, and brought into force as the subordinate legislative framework operationalising the Income-tax Act 2025. Spanning over 1,700 pages, the work undertakes a complete and systematic reconstruction of procedural income tax law in India under the new statutory regime. Every one of the 333 rules contained in the Income-tax Rules 2026 is addressed in a dedicated, self-contained commentary that maps the new rule to the following:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eIts parent provision in the Income-tax Act 2025\u003c\/li\u003e\n\u003cli\u003eThe corresponding rule under the Income-tax Rules 1962\u003c\/li\u003e\n\u003cli\u003eThe corresponding form (\u003cem\u003ewhere applicable\u003c\/em\u003e) under both the new and old frameworks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe treatise thus simultaneously functions as a rule-wise commentary, a comparative concordance and a transition manual for the change-over from the Income-tax Act 1961\/Income-tax Rules 1962 regime to the Income-tax Act 2025\/Income-tax Rules 2026 regime.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Tax Practitioners, Tax Consultants and Indirect Counsels\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in direct tax advisory, compliance, opinion work and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Counsels\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before assessing officers, the Dispute Resolution Committee, the Joint Commissioner (Appeals), the Commissioner (Appeals), the Income Tax Appellate Tribunal, the Authority for Advance Rulings, High Courts and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax Departments, CFOs, Finance Controllers, Tax Heads and Corporate Secretarial Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof companies, banks, NBFCs, insurance companies, mutual funds, AIFs, REITs, InvITs, IFSC entities and multinational groups\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Faculty of the National Academy of Direct Taxes and Income-tax Department Staff\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring a working bench manual on the 2026 Rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransfer Pricing Professionals, International Tax Specialists and TP Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling Arm's Length Pricing, Safe Harbour, APA and MAP work\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGAAR, Faceless Assessment, Search \u0026amp; Seizure, Prosecution, Recovery and TDS\/TCS Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTrustees, Administrators and Auditors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof recognised provident funds, approved superannuation funds, approved gratuity funds, charitable trusts, registered NPOs and electoral trusts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians, Researchers, Faculty and Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof National Law Universities, CA\/CS\/CMA programmes, LL.M. programmes in taxation, post-graduate diploma programmes in International Tax and Transfer Pricing, and ICAI\/ICSI\/ICMAI study circles\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 33\u003csup\u003erd\u003c\/sup\u003e Edition | 2026, incorporating G.S.R. No. 198(E), dated 20-03-2026. This book is authored by Adv. M.K. Pithisaria and CA. Abhishek Pithisaria, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIndependent Rule-wise Units\u003c\/strong\u003e] Every rule of the 2026 Rules is treated as an independent commentary unit, each opening with a footnoted statutory anchor identifying the relevant section of the 2025 Act and the corresponding rule of the 1962 Rules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFive-layer Treatment of Each Rule\u003c\/strong\u003e] Every rule is analysed across five layers, comprising:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eStatutory background tracing the parent provision in the 2025 Act\u003c\/li\u003e\n\u003cli\u003eSub-rule-wise procedural commentary\u003c\/li\u003e\n\u003cli\u003eTabulated lists of notified items, authorities and forms\u003c\/li\u003e\n\u003cli\u003eA dedicated 'Analysis of changes in 2026 Rules vis-à-vis 1962 Rules' comparison table identifying every divergence in language, threshold, timeline or procedure\u003c\/li\u003e\n\u003cli\u003eAuthor's Notes flagging interpretational gaps, drafting inconsistencies and silent areas\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eTreatment of Omitted, Substituted \u0026amp; Re-numbered Rules\u003c\/strong\u003e] Express treatment of every omitted, substituted and re-numbered rule, with explicit cross-references where a 1962 rule has been merged into, split across, dropped from, or absorbed by a Schedule to the 2025 Act under the 2026 Rules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJudicial Precedent Coverage\u003c\/strong\u003e] Comprehensive integration of judicial precedent, with the body of each rule incorporating Supreme Court rulings, High Court decisions, ITAT orders, Special Bench rulings and dismissed Special Leave Petitions, each captured with full citation and tagged to the corresponding 1961 Act provisions and the 2025 Act provisions they now align with\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBDT Material Coverage\u003c\/strong\u003e] Extensive integration of CBDT material, including circulars, notifications, instructions, press releases and clarifications, organised rule-by-rule with the full notification number, date and contextual analysis\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDedicated Annexures\u003c\/strong\u003e] Extensive use of dedicated Annexures attached to individual rules reproducing the underlying CBDT circulars, departmental clarifications, statutory schemes, guideline-text and notification material referred to in the running commentary, so that the relevant source documents are accessible alongside the analysis\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFour Concordance Tables\u003c\/strong\u003e] Four front-matter concordance tables enabling bi-directional navigation:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRules of 1962 to corresponding Rules of 2026\u003c\/li\u003e\n\u003cli\u003eRules of 2026 to corresponding Rules of 1962\u003c\/li\u003e\n\u003cli\u003eForms of 1962 to corresponding Forms of 2026\u003c\/li\u003e\n\u003cli\u003eForms of 2026 to corresponding Forms of 1962\u003c\/li\u003e\n\u003cli\u003eEach table reproduces the heading of the rule\/form on both sides for instant reconciliation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFootnoted Citation System\u003c\/strong\u003e] Inline footnoted citations to the precise section, sub-section, clause, sub-clause, proviso and explanation of the 2025 Act, the corresponding 1961 Act provision, and the corresponding 1962 Rule and Form\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Numerical Examples\u003c\/strong\u003e] Worked numerical examples illustrating shifts in counting of limitation periods (\u003cem\u003ee.g., from 'date of receipt of application' under the 1962 Rules to 'end of the month in which application was received' under the 2026 Rules\u003c\/em\u003e), changes in investment thresholds, timelines for capital deployment, valuation methodology and procedural deadlines\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTransfer Pricing Treatment\u003c\/strong\u003e] OECD and UN-aligned treatment of transfer pricing rules, with detailed application notes on Comparable Uncontrolled Price method, Resale Price Method, Cost Plus Method, Profit Split Method and Transactional Net Margin Method, supplemented with case law on internal versus external comparables, cost basis determination, marketing intangibles and contract manufacturer benchmarking\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIntegrated Guideline Material\u003c\/strong\u003e] Statutory guideline material reproduced in full where required—including hospital approval guidelines (\u003cem\u003ewith floor area, manpower, equipment and bed-occupancy norms for ISM\u0026amp;H and other facilities\u003c\/em\u003e), investment patterns for Recognised Provident Funds and Approved Superannuation Funds, electoral trust functioning norms, and infrastructure debt fund setup conditions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eElectronic-filing Matrix\u003c\/strong\u003e] Dedicated electronic-filing matrix mapping every Form, return, statement, report, order and certificate to the relevant DGIT (Systems) notification specifying electronic furnishing under digital signature or EVC\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe substantive coverage of this volume is exhaustive and includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePreliminary, Residence \u0026amp; Source Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDefinitions \u0026amp; Source Rules\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Definitions, residence, source rules, SEP thresholds, attribution of income to Indian assets, and FMV computation for non-residents\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDividends, Stock Exchanges \u0026amp; ZCBs\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Declaration and payment of dividends, notification of recognised stock exchanges, notification of zero coupon bonds (\u003cem\u003ecomplete digest from SIDBI 2006 to NABARD\/REC\/HUDCO\/PFC\/IRFC 2025 issuances\u003c\/em\u003e) and pro-rata discount computation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSalary, Perquisites \u0026amp; Allied Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003ePerquisites \u0026amp; Hospital Approval\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Valuation of perquisites, annual accretion under section 17(1)(i), exemption of medical benefits, VRS compensation and hospital approval guidelines (\u003cem\u003eincluding ISM\u0026amp;H speciality treatment centres\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLTC, HRA \u0026amp; Special Allowances\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Leave Travel Concession\/Assistance (\u003cem\u003eRule 278\u003c\/em\u003e), House Rent Allowance (\u003cem\u003eRule 279\u003c\/em\u003e) and special allowances for armed forces, para-military forces and other employees (\u003cem\u003eRule 280, including the new Sundarbans Remote Locality Allowance\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eFamily Pension \u0026amp; Salary Reliefs\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Family pension to heirs of armed forces members killed in operational duties (\u003cem\u003eRule 281\u003c\/em\u003e), reliefs on salary arrears\/advance, gratuity and taxation of notified-country retirement benefit accounts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBusiness Income, Disallowances \u0026amp; Deductions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eRent, Bank Provisioning \u0026amp; Cash Disallowance\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Unrealised rent, bank aggregate average advances for bad-debt provision, depreciation, cash payment disallowance under section 36(4)\/36(7) with full jurisprudence, and preliminary expenses\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eScientific Research \u0026amp; Specified Projects\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Mineral prospecting, scientific research (\u003cem\u003ewith approval framework for research associations, universities and companies\u003c\/em\u003e), agricultural extension and skill development projects\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSpecified Businesses \u0026amp; Cruise Ships\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Affordable housing and semi-conductor wafer fabrication units, spectrum right expenditure, bad-debt interest of specified financial institutions, royalty and FTS, cruise-ship non-residents and section 61(2) resident companies\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eBooks, Audit \u0026amp; ULIP Gains\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Books of account under section 62, audit reports under section 63, other electronic payment modes, ULIP capital gains and attribution of income to capital assets remaining with specified entities\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eFeature Films \u0026amp; Composite Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Composite agricultural-business income (\u003cem\u003eRule 270\u003c\/em\u003e), rubber\/coffee\/tea manufacture (\u003cem\u003eRule 271\u003c\/em\u003e), feature film production and distribution rights (\u003cem\u003eRules 272 and 273\u003c\/em\u003e) and activities not constituting business connection in India (\u003cem\u003eRules 274 to 276\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCapital Gains, Valuation \u0026amp; Reorganisation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eHolding Period \u0026amp; Currency Conversion\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Period of holding, stay of crew of foreign-bound ships and rupee-foreign currency conversion for capital gains\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOriginal Funds, Slump Sale \u0026amp; FMV\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Original fund conditions, FMV computation and accountant's report on slump sale, Valuation Officer references, FMV determination for sections 26, 79 and 92, life insurance income under section 92(2)(l) and carry-forward of loss\/depreciation in amalgamation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDeductions \u0026amp; Reliefs\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDisability, Disease \u0026amp; Eminent Institutions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Disability deductions under sections 127 and 154, prescriptions for specified diseases, approval of universities of national eminence under section 133, donations and electoral trusts, rent paid deduction and audit reports for various deductions\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDouble Taxation Relief \u0026amp; FTC\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Certificates and documentation for double taxation relief under section 159 and the Foreign Tax Credit framework (Rule 76)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInternational Tax \u0026amp; Transfer Pricing\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eALP Framework\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arm's Length Pricing under Rules 77 to 81 (\u003cem\u003eCUP, RPM, CPM, PSM, TNMM\u003c\/em\u003e), multi-year ALP option, repatriation timeline and secondary adjustment interest under section 170\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTP Documentation \u0026amp; Safe Harbour\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— TP documentation under section 171, accountant's report under Rule 85 and Safe Harbour Rules (\u003cem\u003eRules 86 to 102\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAPA, MAP \u0026amp; CbC Reporting\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— APA framework (\u003cem\u003eRules 103 to 120 and 122\u003c\/em\u003e), section 206(1)(i) relief, MAP (\u003cem\u003eRule 121\u003c\/em\u003e) and CbC reporting (\u003cem\u003eRule 124\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAnti-Avoidance \u0026amp; Special Computations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eGAAR\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— GAAR consequences, carve-outs and reference to PCIT\/CIT (\u003cem\u003eRules 127 to 132\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eGaming, New Regime, MAT\/AMT \u0026amp; Specified Funds\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Online gaming net winnings (\u003cem\u003eRule 135\u003c\/em\u003e), new tax regime option (\u003cem\u003eRule 136\u003c\/em\u003e), MAT\/AMT accountant's reports (\u003cem\u003eRules 137 and 138\u003c\/em\u003e), specified fund computation (\u003cem\u003eRules 139 to 144\u003c\/em\u003e), securitisation trust\/VCU\/business trust\/investment fund statements (\u003cem\u003eRule 145\u003c\/em\u003e) and the Tonnage Tax Scheme (\u003cem\u003eRule 146\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePF Interest Computation\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Taxable interest on PF contributions exceeding specified limits (\u003cem\u003eRule 277\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAssessment, Search \u0026amp; Procedural Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eSearch, Seizure \u0026amp; Distraint\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Search and seizure (\u003cem\u003eRules 148, 149 and 150\u003c\/em\u003e), requisition of books, release of assets under section 250, distraint and sale, and disclosure under section 258(2)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePAN, Returns \u0026amp; Faceless Assessment\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— PAN allotment and quoting (\u003cem\u003eRules 157 to 162\u003c\/em\u003e), return filing\/verification, updated returns under section 263, defective returns, faceless assessment (\u003cem\u003eRule 175\u003c\/em\u003e), modified returns on business reorganisation (\u003cem\u003eRule 177\u003c\/em\u003e), TDS credit application (\u003cem\u003eRule 178\u003c\/em\u003e), notice of demand under section 289 (\u003cem\u003eRule 179\u003c\/em\u003e) and block assessment return (\u003cem\u003eRule 180\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCharitable \u0026amp; Non-Profit Organisations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eNPO Registration \u0026amp; Compliance\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Registration and approval of NPOs (\u003cem\u003eRule 181\u003c\/em\u003e), commercial-activity gains, application to related persons, deemed application, accumulation, books, audit, accreted income and donation statements (\u003cem\u003eRules 182 to 191\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAppellate, Dispute Resolution \u0026amp; Advance Rulings\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eAppeals, DRC \u0026amp; BAR\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Service of orders, additional evidence before JCIT(A)\/CIT(A), Tribunal appeals and cross-objections, section 375 declarations, deferment applications, Dispute Resolution Committee (\u003cem\u003eRules 196 to 199\u003c\/em\u003e) and Board for Advance Rulings (\u003cem\u003eRules 200 to 202\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTDS, TCS, Recovery \u0026amp; Compliance Reporting\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eTDS, TCS \u0026amp; Recovery\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— TDS and TCS under Rules 203 to 221, advance tax by AO order, TRO recovery, tax clearance certificates, section 434 refunds, service of notices, authentication of communications and annual statement by non-resident liaison offices\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSFT, Crypto \u0026amp; AIS\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— SFT and reportable accounts (\u003cem\u003eRules 237 to 240\u003c\/em\u003e), Crypto-Asset reporting (\u003cem\u003eRules 241 to 244\u003c\/em\u003e), AIS (\u003cem\u003eRule 245\u003c\/em\u003e), registration of valuers (\u003cem\u003eRules 246 to 249\u003c\/em\u003e), authorised representatives (\u003cem\u003eRules 250 to 268\u003c\/em\u003e) and interest computation (\u003cem\u003eRule 269\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExempt Income \u0026amp; Fund-related Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003ePension Funds \u0026amp; Schedule V\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Pension funds (\u003cem\u003eRule 282\u003c\/em\u003e) and minimum investment\/exempt income computation under Schedule V (\u003cem\u003eRule 283\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eIFSC, Fund Relocation \u0026amp; Welfare Funds\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— IFSC offshore banking unit forward contracts\/derivatives (\u003cem\u003eRule 284\u003c\/em\u003e), fund relocation capital gains (\u003cem\u003eRule 285\u003c\/em\u003e), employee welfare funds (\u003cem\u003eRule 286\u003c\/em\u003e) and government grant threshold for substantially financed institutions (\u003cem\u003eRule 287\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eIDFs \u0026amp; Electoral Trusts\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Infrastructure debt fund setup (\u003cem\u003eRule 288\u003c\/em\u003e) and electoral trust functioning (\u003cem\u003eRule 289\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTea\/Coffee\/Rubber \u0026amp; Site Restoration\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Audit reports under Schedules IX and X for tea\/coffee\/rubber development accounts and site restoration funds (\u003cem\u003eRules 290 and 291\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProvident, Superannuation \u0026amp; Gratuity Funds\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eRecognised Provident Funds\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Rules 292 to 300\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eApproved Superannuation Funds\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Rules 301 to 315, with the prescribed investment pattern across Government securities, debt and short-term debt instruments, equities, and asset-backed\/trust-structured investments (\u003cem\u003eincluding derivatives, turnover ratio and fiduciary duty norms\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eApproved Gratuity Funds\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Rules 316 to 329\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInsurance Reserves, Schedule XV Approvals \u0026amp; Electronic Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eInsurance Reserves \u0026amp; Schedule XV\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Reserves for unexpired risks (\u003cem\u003eRule 330\u003c\/em\u003e) and approval under paragraph 1(z) of Schedule XV for infrastructure facilities and mutual funds (\u003cem\u003eRule 331\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eElectronic Furnishing \u0026amp; Payment\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Electronic furnishing of forms, returns, statements, reports, orders and certificates (\u003cem\u003eRule 332, with the complete inventory of e-filing forms\u003c\/em\u003e) and mandatory electronic payment of tax, interest, fee and penalty by companies and tax-audit assessees (\u003cem\u003eRule 333\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume opens with four cross-reference concordance tables, and then proceeds rule-by-rule from Rule 1 through Rule 333. Each rule-unit follows a uniform internal architecture:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStatutory Anchor Header\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— A header identifying the rule of the 2026 Rules, the relevant section of the 2025 Act and the corresponding rule of the 1962 Rules, captured in a footnote anchor\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStatutory Background\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Setting out the parent provision in the 2025 Act and the rationale for the procedural prescription\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSub-rule wise Procedural Commentary\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Paragraphs explaining procedural requirements, prescribed authorities, application formats, accompanying documents, timelines, disposal mechanics, conditions and consequences\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTabulated Notified Items\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Tabulated lists of items notified under the rule (\u003cem\u003eZCBs, pension funds, IDFs, affordable housing projects, semi-conductor units, agricultural extension projects, skill development projects, universities of national eminence, allowances, hospitals, etc.\u003c\/em\u003e) with full citation of the underlying S.O.\/G.S.R.\/Notification number and date\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eComparative Table | 2026 Rules vis-à-vis 1962 Rules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— A point-by-point comparison of every divergence between the old and new positions, accompanied by illustrative numerical examples and timeline calculations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAuthor's Notes \u0026amp; Footnotes\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Author's Notes flagging gaps, anomalies, drafting issues and silent areas, with footnotes anchoring the discussion to corresponding statutory provisions, rules and forms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is supported throughout by inline citations of judicial precedent at the level of each sub-paragraph, with case names, citations, court benches and dispositions clearly indicated, and by inline citations of CBDT circulars, notifications, instructions and clarifications, with their full reference numbers and dates.\u003c\/span\u003e\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803347267665,"sku":"","price":1949.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1779092833425_1_9789375618560_Detail-Page-1200x1700.jpg?v=1779608988"},{"product_id":"taxmanns-direct-taxes-ready-reckoner-by-vinod-k-singhania","title":"Taxmann's Direct Taxes Ready Reckoner by Vinod K. Singhania","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/E0ykjldMgWA\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eDirect Taxes Ready Reckoner by Vinod K. Singhania By Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Ready Reckoner (DTRR) \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis the flagship annual reference publication of Taxmann. It is the most authoritative and comprehensive single-volume guide to Indian direct tax law, updated each year. First published in May 1978, the 50\u003csup\u003eth\u003c\/sup\u003e Golden Jubilee Edition commemorates fifty years of continuous publication under the same authorship. The DTRR 50\u003csup\u003eth\u003c\/sup\u003e Edition maps, compares, cross-references, and illustrates, serving simultaneously as a practitioner's guide, a compliance checklist, a tax calculation resource, and a manual for legislative transition. All section references default to the Income-tax Act 2025, and all rule references default to the Income-tax Rules 2026, unless explicitly indicating the 1961 Act—a deliberate editorial choice that facilitates the profession's transition to the new legal framework.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 50\u003csup\u003eth\u003c\/sup\u003e Edition operates amid unprecedented regulatory complexity: the Income-tax Act 2025, and the Income-tax Act 1961 run concurrently—pre-2025 assessments under the old Act, new assessments under the new. The Finance Bill 2026, amends both simultaneously, with differing effective dates. The Income-tax Rules 2026, further replace the 1962 Rules entirely—renumbering sections, redesignating forms, and restructuring procedural timelines across TDS, TCS, and return filing. The DTRR 50\u003csup\u003eth\u003c\/sup\u003e Edition addresses all three layers in a single volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for practitioners and professionals who require both depth and immediacy—those for whom accuracy is non-negotiable and lookup speed is operationally critical. The primary readership includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Tax Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor advisory, compliance, return filing, and tax planning mandates across all categories of assessors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Legal Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor statutory interpretation, litigation support, and penalty\/interest computation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Managers and CFOs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor TDS\/TCS compliance, advance tax calculation, and corporate tax liability assessment\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor compliance functions related to direct tax obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFinance and Accounts Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking across industries with payroll, vendor payments, or intercompany transactions subject to withholding\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Officers and Revenue Officials\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eas quick-reference authorities on rates, limitation periods, and procedural timelines\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Students of Advanced Taxation\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eas comprehensive study companions integrating legislative text, practical illustrations, and case studies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 50\u003csup\u003eth\u003c\/sup\u003e Edition | Golden Jubilee Edition, updated to incorporate all amendments introduced by the Finance Bill 2026 (\u003cem\u003eas passed by Lok Sabha\u003c\/em\u003e). Applicable for Assessment Year 2026-27 and Tax Year 2026-27, this Edition is authored by Dr Vinod K. Singhania, whose five decades of authoritative annual commentary have established this book as the definitive desk reference in Indian direct taxation. The key highlights of this Edition include:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Bill 2026—Fully Integrated\u003c\/strong\u003e] All amendments introduced by the Finance Bill 2026 (\u003cem\u003eas passed by Lok Sabha\u003c\/em\u003e) are incorporated directly into the relevant chapters and highlighted at the point of relevance—not relegated to a supplement. Practitioners reading any chapter see current law, not last year's\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendments at a Glance with Case Studies\u003c\/strong\u003e] Referencer 2 provides a structured three-part dissection of every legislative change—Part A covers Finance Bill 2026 amendments to both the 1961 Act and the 2025 Act; Part B maps key structural changes brought in by the Income-tax Act 2025; and Part C covers procedural changes under the Income-tax Rules 2026. Each amendment is supported by practical illustrations and full numerical case studies\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-wise Cross-reference Index\u003c\/strong\u003e] An exhaustive bidirectional index maps every section of the 1961 Act to its corresponding provision in the 2025 Act at the paragraph level—enabling instant location of any provision under either Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNew vs. Old Tax Regime—Complete Parallel Analysis\u003c\/strong\u003e] All provisions are presented in parallel for both regimes across every assessee category. For companies, four distinct tax rate regimes are fully analysed—section 199 (\u003cem\u003e25% for eligible manufacturers\u003c\/em\u003e), section 200 (\u003cem\u003e22% for all domestic companies with fixed 10% surcharge and no MAT\u003c\/em\u003e), section 201 (\u003cem\u003e15% for new manufacturing companies\u003c\/em\u003e), and section 202 (\u003cem\u003edefault individual\/HUF new regime with restricted exemptions and deductions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSalaries—Comprehensive Allowance Tables with Revised Quantum\u003c\/strong\u003e] All allowance categories are covered with AY 2026-27 quantum limits, including revised children's education allowance (\u003cem\u003e₹3,000 per month per child\u003c\/em\u003e), hostel expenditure allowance (\u003cem\u003e₹9,000 per month per child\u003c\/em\u003e), and transport allowance for transport system employees (\u003cem\u003e70% subject to ₹25,000 per month\u003c\/em\u003e). HRA computation covers the three-limb formula with worked examples, including the reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier from AY 2026-27\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePresumptive Taxation—Full Treatment with 1961 Act vs. 2025 Act Comparison\u003c\/strong\u003e] All three sub-schemes under section 58 of the 2025 Act are covered with comparative illustrations. A critical difference is highlighted: under the 2025 Act, an assessee declaring income below the presumptive rate must maintain books and undergo audit if income exceeds the basic exemption limit, irrespective of prior-year history under the scheme, a departure from the more lenient position under the 1961 Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated Return—Multi-Scenario Analysis\u003c\/strong\u003e] Covers the two key Finance Bill, 2026 amendments—permitting updated return filing where a declared loss is reduced, and permitting updated return filing even after a reassessment notice under section 280, subject to a graded additional tax structure of 34% to 70% depending on the timing of filing. A four-scenario tax burden comparison (\u003cem\u003evoluntary disclosure, post-notice updated return, full reassessment, and immunity\u003c\/em\u003e) is worked through with complete rupee computations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTDS\/TCS—Exhaustive Coverage Across 100+ Provisions\u003c\/strong\u003e] Every withholding provision under section 393 of the 2025 Act is covered with its 1961 Act equivalent, applicable rates, threshold limits, surcharge and HEC overlay, and form references. Scenario-based illustrations cover salary, professional fees, works contracts, individual\/HUF payments, and cross-border royalties—supported by operative CBDT circulars and landmark judicial rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePenalty Tables—Consolidated and Quantified\u003c\/strong\u003e] A comprehensive penalty reference table lists every default with the applicable section under both Acts, minimum and maximum penalties—including new obligations such as the crypto asset statement under section 409(1) (₹50,000 penalty), SFT defaults (\u003cem\u003e₹1,000 per day from April 1 2026\u003c\/em\u003e), and cash transaction violations under sections 165–167\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLife Insurance Policy Taxation—Multi-Variable Case Studies\u003c\/strong\u003e] The four-regime taxability matrix based on policy issuance date and annual premium threshold is explained with consecutive case studies covering varying combinations of sum assured, premium quantum, and PPF contributions—including a money-back policy with staggered payouts, computed under Rule 49 of the Income-tax Rules 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReferencers (Part A)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eR1 | Tax Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— AY 2026-27 (\u003cem\u003eindividuals, HUF, senior\/super-senior citizens, firms, companies, co-ops, foreign cos.\u003c\/em\u003e) with full surcharge and HEC overlay\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR2 | Amendments at a Glance\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Finance Bill 2026 (Part A), 2025 Act (Part B), 2026 Rules (Part C)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR3 | New Tax Regime\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Sec. 199, 200, 201, 202, 203 and co-operative societies\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR4 | Income Computation and Disclosure Standards (ICDS)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR5 | Tax Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Last Ten Assessment Years\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR6 | Gold and Silver Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Current Year, Last Ten AYs, as on April 1, 1981 and April 1, 2001\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR7 | Tax Saving Schemes at a Glance\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR8 | Depreciation Rate Table (Income-tax, Power Generating Units, Companies Act 2013)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR9 | Deductions and Allowances Summary\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR10 | Cost Inflation Index\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR11 | Interest on NSC\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR12 | Withholding Tax Rates (including DTAA-based rates)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR13 | Period of Limitation\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR14 | Notice Issue Time Limits under Section 148\/148A of the 1961 Act\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR15 | Life Insurance Policy\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Cumulative Computation\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR16 | Sections 82–88 of 2025 Act (Capital Gains Exemptions — corresponding to Secs. 54–54GA of 1961 Act)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR17 | Carry-Forward of 1961 Act Provisions into 2025 Act Framework\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR18 | Key Compliance Dates with Direct Taxes\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSubstantive Chapters (Part A—Income Heads)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– The book then provides chapter-by-chapter analysis of every income head, including:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eSalaries\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Perquisites, allowances, retirement benefits, ESOP taxation, pension commutation, provident fund, leave encashment, gratuity, VRS exemptions, salary from foreign employer, and regime-specific differential treatment\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eHouse Property\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Self-occupied vs. let-out, deemed let-out, municipal taxes, standard deduction, interest deduction limits, pre-construction interest, co-ownership, deemed ownership\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eBusiness and Profession\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Method of accounting, ICDS overrides, depreciation (\u003cem\u003eincluding additional depreciation eligibility and 30% cap under new tax regimes\u003c\/em\u003e), disallowances under sections 34, 35 and 36 of the 2025 Act (\u003cem\u003esections 30, 40, 43B of the 1961 Act\u003c\/em\u003e), presumptive taxation under all three categories, section 44AA book-keeping obligations, section 44AB audit requirements, GAAR, MAT\/AMT\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eCapital Gains\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Indexed cost of acquisition, FMV as on April 1, 2001, period of holding for each asset class, capital gains exemption chain (\u003cem\u003esections 82–88 of the 2025 Act\u003c\/em\u003e), rollover benefits, ULIP capital gains taxation, zero-coupon bonds, electronic gold receipts, capital gains on agricultural land, slump sale, and merger\/demerger tax neutrality\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eIncome from Other Sources\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Interest on securities, income from machinery\/plant let out, advance money forfeiture, interest on compensation, keyman insurance, life insurance policy taxation (\u003cem\u003emulti-variable matrix\u003c\/em\u003e), and business trust distributions (\u003cem\u003especified sum formula: A minus B minus C\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProcedural Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eClubbing of Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eacross spousal, minor child, and HUF dimensions.\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSet-off and Carry-Forward if Losses\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Intra-head, inter-head, and the eight-year\/indefinite carry-forward matrix by loss type\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eExemptions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e(Schedule II of the 2025 Act) and\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eChapter VIII-C Deductions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full quantum limits with old\/new regime differential\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eReturn of Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All five types (\u003cem\u003eoriginal, belated, revised, updated, and response to notice\u003c\/em\u003e), all due dates for AY 2026-27 and tax year 2026-27, fee structure for late filing\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAdvance Payment of Tax\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Computation, instalment schedule, and interest under sections equivalent to 234B and 234C\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDeduction\/Collection of Tax at Source\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full TDS\/TCS matrix\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eHow to Compute Tax Liability\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Step-by-step templates by assessee category\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePenalty\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Consolidated table with 50+ defaults\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eInterest\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All charging sections with computation methodology\u003c\/li\u003e\n\u003cli\u003eRegistered non-profit organisations, business trusts, InvITs, tonnage tax, STT, CTT, and cash transaction restrictions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into four discrete parts, each serving a distinct reference function:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart A — Study of Direct Taxes\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe analytical core of the book, containing 18 Referencers, followed by comprehensive chapter-by-chapter coverage of every head of income, procedural provision, and compliance obligation. This section combines statutory analysis, computational illustrations, case studies, and cross-references in a single integrated narrative\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart B — Tax Tables (AY 2026-27\/Tax Year 2026-27)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePre-computed tax liability tables organised by assessee category (\u003cem\u003eindividuals under new and old regime, HUFs, AOPs, BOIs, firms, domestic companies, foreign companies, co-operative societies\u003c\/em\u003e) and by TDS\/TCS rate category. Eliminates computational error at the point of calculation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart C — Market Quotations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eGold and silver rate tables, essential for computing fair market value and indexed cost of acquisition in capital gains computations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart D — Tax Tables of Past Six Assessment Years (AY 2020-21 to AY 2025-26)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eHistorical tax computation tables for individuals, HUFs, and AOPs—enabling backward-looking liability computation for pending assessments, reassessments, and appeals without recourse to prior-year volumes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803347759185,"sku":"","price":1698.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/DTRR.jpg?v=1774873069"},{"product_id":"direct-taxes-manual-set-of-3-volumes-by-taxmann","title":"Direct Taxes Manual (Set of 3 Volumes) by Taxmann","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/GNqB06rMWkM\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eDirect Taxes Manual (Set of 3 Volumes) by Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eDirect Taxes Manual is the most exhaustive statutory reference compilation in Indian direct taxation—a work that has maintained its position as the authoritative practitioner's desk set for 56 consecutive annual editions. The 2026 Edition arrives at the most consequential juncture in post-independence Indian tax history: the full transition from the Income-tax Act 1961 to the Income-tax Act 2025 (Act No. 30 of 2025).\u003c\/p\u003e\n\u003cp\u003eVolume 1 presents the ITA 2025—a restructured, 536-section, 23-chapter statute with 15 Schedules—as its primary legislative text, fully amended by the Finance Act 2026. The 1961 Act has been preserved in the fabric of this Edition through the most elaborate bi-directional cross-reference architecture—mapping every section, every rule, and every form between the two regimes. The Finance Act 2026 is reproduced in full and amends both the Income-tax Act 1961 (for the assessment year commencing 1 April 2026) and the Income-tax Act 2025 (for the tax year commencing 1 April 2026 onwards)—a dual-regime enactment. Volume 2 reproduces the Income-tax Rules 2026 (the new procedural code, incorporating G.S.R. No. 198(E) dated 20 March 2026) alongside 27 additional divisions of subordinate legislation, procedural schemes, and tax administration frameworks. Volume 3 compiles over a century of judicial precedent (1922–February 2026), six decades of CBDT administrative guidance (1961–February 2026), and a comprehensive lexicon of judicially interpreted statutory terms—all re-indexed section-by-section against the Income-tax Act 2025.\u003c\/p\u003e\n\u003cp\u003eThis book is intended for the following audience:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003eChartered Accountants and Tax Consultants\u003c\/strong\u003e for current-year compliance under the ITA 2025 (new tax regime, capital gains, TDS\/TCS under Chapter XIX, return filing under Chapter XV) alongside legacy 1961 Act assessments, with the cross-reference tables providing instant transitional navigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAdvocates and Litigation Specialists\u003c\/strong\u003e for High Court and Supreme Court work, where access to 104 years of judicial digests (1922–February 2026) mapped against 2025 Act sections, and the judicially defined words and phrases compilation, are primary reference tools\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCorporate Tax and Transfer Pricing Teams\u003c\/strong\u003e for transfer pricing compliance under Chapter X (Sections 161–173, including APA procedures and safe harbour rules), ICDS application, MAT\/AMT under Chapter XIII, and IFSC-related exemptions under Schedule VI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNon-Profit Organisations and Their Advisors\u003c\/strong\u003e for the new, expanded NPO regime under Chapter XVII (Sections 332–355) covering registration, corpus donation, accumulated income, taxable regular income, switching between regimes, and the complete commercial activities framework\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eGovernment Tax Officers (IRS\/CBDT)\u003c\/strong\u003e for the full text of all faceless proceedings schemes, the complete CBDT circular archive, and the administrative provisions of Chapters XIV–XVI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFinancial Institutions and Banks\u003c\/strong\u003e for TDS\/TCS under the comprehensive Chapter XIX (Sections 392–402, covering salary TDS, 80+ categories of TDS under Section 393, TCS under Section 394), ICDS compliance (Division 2, Volume 2), and recognised provident\/superannuation fund rules under Schedule XI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLaw Faculty and Tax Researchers\u003c\/strong\u003e for the most complete single-source judicial record of Indian income tax law across a 100-year arc\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 56\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIncome-tax Act 2025—First Edition as Primary Statute\u003c\/strong\u003e] The 56\u003csup\u003eth\u003c\/sup\u003e Edition is the first to present the Income-tax Act 2025 (Act No. 30 of 2025) as the primary statute, fully amended by the Finance Act 2026. The text includes a chapter-wise arrangement of sections, editorial footnotes cross-referring every provision to its 1961 Act counterpart, an Allied Laws Appendix reproducing all allied statutes and regulations cited within the Act (including Companies Act 2013 Schedule III, PMLA, SEBI Regulations), and a comprehensive subject index\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Both Regimes Covered\u003c\/strong\u003e] The complete text of the Finance Act 2026 is reproduced, covering amendments to both the Income-tax Act 1961 (Part A: Sections 4–34, for AY 2026-27) and the Income-tax Act 2025 (Part B: Sections 35–158, for tax year 2026-27 onwards), along with Chapter VI (Miscellaneous) and the First Schedule (tax rates)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBi-Directional Cross-Reference Tables—Acts, Rules, and Forms\u003c\/strong\u003e] Six exhaustive cross-reference tables are placed at the front of Volumes 1 and 2.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eVolume 1 carries two bi-directional section concordances (ITA 1961 ↔ ITA 2025)\u003c\/li\u003e\n\u003cli\u003eVolume 2 carries four tables covering bi-directional rule mappings (IT Rules 1962 ↔ IT Rules 2026) and bi-directional form mappings (IT Forms 1962 ↔ IT Forms 2026)—each with headings reproduced on both sides\u003c\/li\u003e\n\u003cli\u003eThese tables are the primary transitional navigation tool for practitioners working across both regimes simultaneously\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eIncome-tax Rules 2026—Complete Text with Computational Illustrations\u003c\/strong\u003e] The full text of the Income-tax Rules 2026 (incorporating G.S.R. No. 198(E) dated 20-03-2026) is reproduced with an arrangement of rules, detailed computational illustrations—including Rule 81's TNMM weighted average PLI calculations with multi-year tabular comparables for transfer pricing—an Allied Laws Appendix, and a subject index\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLandmark Rulings of Supreme Court and High Courts (1922–February 2026)\u003c\/strong\u003e] Volume 3 compiles over a century of direct tax judicial precedent, systematically re-indexed section-by-section against the Income-tax Act 2025 with corresponding 1961 Act section references in brackets. Entries are substantive digests, not bare citations. Coverage spans foundational interpretive questions (accrue\/arise\/receive under Section 5; control and management under Section 6) to capital gains issues (stamp duty valuation and DVO jurisdiction under Section 78; residential house exemption under Section 82) and includes 2024–2025 Supreme Court decisions. Both a section-key and alphabetical key are provided\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWords and Phrases Judicially Defined—Cross-Indexed to the 2025 Act\u003c\/strong\u003e] A dedicated compilation in Volume 3 presents every significant statutory term that has been judicially interpreted—'business,' 'trade,' 'adventure,' 'accrue,' 'arise,' 'agricultural income,' 'control and management,' 'amalgamation,' and others—with structured digests of the relevant Supreme Court and High Court rulings. All entries carry both the 2025 Act section reference and the corresponding 1961 Act section, and the compilation is navigable through a section-key and an alphabetical key\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBDT Circulars, Clarifications and Notifications (1961–February 2026)\u003c\/strong\u003e] The complete archive of CBDT administrative guidance relevant under the Income-tax Act 2025—spanning six decades from 1961 to February 2026—is compiled in Volume 3, organised by section of the 2025 Act with 1961 Act section cross-references. Coverage includes TDS\/TCS e-filing procedure circulars, bad debt write-off instructions (Instruction No. 17\/2008), depreciation on hire-purchase assets, sector-specific notifications (NABARD, OIDB, NDDB, Credit Guarantee Fund Trust), and exemption-related notifications. Both a section-key and alphabetical key are provided\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e28 Divisions of Subordinate Legislation in Volume 2\u003c\/strong\u003e] Volume 2 is organised into 28 self-contained divisions, each with arrangement of rules\/paragraphs, full statutory text, and (where applicable) a subject index, covering the complete spectrum of direct tax procedural and administrative law—from the Income-tax Rules 2026 and ICDS, through all five faceless proceedings schemes (Faceless Assessment, Penalty, Appeal, Jurisdiction, and Inquiry\/Valuation), e-Appeals, e-Advance Rulings, e-Dispute Resolution, ITAT Rules 1963, Capital Gains Accounts Scheme, DRP Rules, Certificate Proceedings Rules, savings-linked investment schemes, and more\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e] Volume 1 reproduces the complete text of the newly introduced Foreign Assets of Small Taxpayers Disclosure Scheme 2026, making it immediately accessible to practitioners advising on its compliance window\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDirect Tax Vivad Se Vishwas Framework\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cli\u003eThe full Vivad Se Vishwas framework is consolidated in Volume 1: the Scheme text, the Rules, and all relevant CBDT notifications and circulars—providing practitioners with the complete dispute settlement reference in one place\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe volume-wise coverage of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003eVolume 1 – Acts (1,468 Pages | As amended by Finance Act 2026)\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCross-reference Concordance Tables — ITA 1961 ↔ ITA 2025 (bi-directional, ~180 pages)\u003c\/li\u003e\n\u003cli\u003eIncome-tax Act 2025 (Act No. 30 of 2025) — 536 sections, 23 chapters, 15 Schedules; as amended by Finance Act, 2026; with editorial footnotes, Allied Laws Appendix, and subject index (~800 pages)\u003c\/li\u003e\n\u003cli\u003eFinance Act 2026 — Complete text including rates for both Acts, all amendment sections (~90 pages)\u003c\/li\u003e\n\u003cli\u003eProhibition of Benami Property Transactions Act 1988 — As amended to date\u003c\/li\u003e\n\u003cli\u003eSecurities Transaction Tax Act — As amended by Finance Act 2026\u003c\/li\u003e\n\u003cli\u003eCommodities Transaction Tax Act\u003c\/li\u003e\n\u003cli\u003eBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 — As amended by Finance Act 2026, with Black Money Rules 2015\u003c\/li\u003e\n\u003cli\u003eDirect Tax Vivad Se Vishwas Scheme 2024 — Scheme, Rules, notifications\/circulars\u003c\/li\u003e\n\u003cli\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eVolume 2 – Rules (1,912 Pages | Incorporating G.S.R. No. 198(E), dated 20-03-2026)\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCross-reference Tables — IT Rules 1962 ↔ IT Rules 2026; IT Forms 1962 ↔ IT Forms 2026 (four bi-directional tables, ~200 pages)\u003c\/li\u003e\n\u003cli\u003e28 Divisions of subordinate legislation, procedural schemes, and tax administration framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eVolume 3 – Judicial and Administrative Reference (1,746 Pages | Amended up to March 2026)\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision 1 — Schemes (14 schemes: ELSS, PPF, Sukanya Samriddhi, Kisan Vikas Patra, Mahila Samman Savings Certificate, Senior Citizens Savings, Income Tax Informants Rewards, Tax Return Preparer, Electoral Bond, Benami Adjudicating Authority Service Rules, Tonnage Tax Training Guidelines, AAR Appointment Rules, Income-tax Welfare Fund Rules, Hospitalisation Policy)\u003c\/li\u003e\n\u003cli\u003eDivision 2 — Words \u0026amp; Phrases Judicially Defined — Section-key, alphabetical-key, and full digests\u003c\/li\u003e\n\u003cli\u003eDivision 3 — CBDT Circulars, Clarifications \u0026amp; Notifications [1961–February 2026] — Section-key, alphabetical-key, and full texts\u003c\/li\u003e\n\u003cli\u003eDivision 4 — Landmark Rulings of SC\/High Courts [1922–February 2026] — Section-key, alphabetical-key, and full digests\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe structure of the book is as follows:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe three-volume set follows the natural hierarchy of legal authority: primary legislation (Volume 1) → subordinate legislation and procedural rules (Volume 2) → interpretive and administrative reference (Volume 3)\u003c\/li\u003e\n\u003cli\u003eWithin each volume, content is organised into numbered, self-contained divisions, each containing its own arrangement of sections, rules, full statutory text, and, where applicable, a subject index.\u003c\/li\u003e\n\u003cli\u003eEditorial footnotes within the ITA 2025 text in Volume 1 actively cross-refer the reader to the corresponding Words \u0026amp; Phrases and CBDT Circular compilations in Volume 3\u003c\/li\u003e\n\u003cli\u003eThe bi-directional cross-reference tables (two for Acts in Volume 1; two for Rules and two for Forms in Volume 2) are the structural load-bearing instruments of the regime transition. They are positioned at the front of their respective volumes—signalling their operational primacy over commentary\u003c\/li\u003e\n\u003cli\u003eA practitioner working on a legacy assessment under the 1961 Act can navigate instantly to the parallel provision in the 2025 Act, and vice versa, without leaving the set\u003c\/li\u003e\n\u003cli\u003eNo single volume is designed to function independently. The footnote architecture, cross-reference tables, and divisional structure are built as an integrated three-volume research tool\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803347791953,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_fb57c146-cc49-4241-a48f-66f36b478b46.jpg?v=1774953519"},{"product_id":"income-tax-rules-2026-book-by-taxmann","title":"Income Tax Rules 2026 Book by Taxmann","description":"\u003ciframe width=\"315\" height=\"560\" src=\"https:\/\/www.youtube.com\/embed\/ZqNS70uxM0s\" title=\"Demo Video\" frameborder=\"0\" allowfullscreen\u003e\n\u003c\/iframe\u003e\n\u003cp\u003e\u003cstrong\u003eIncome Tax Rules 2026 Book by Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp class=\"product-details-1 descpt-ul\"\u003eIncome Tax Rules 2026—now in its landmark 65th Edition—is the most authoritative and comprehensive single-volume reference for income tax procedural law in India, carrying an unbroken publication legacy of over 58 years and the institutional trust of tax tribunals, High Courts, and practitioners nationwide. This Edition presents the annotated text of the Income-tax Rules 2026, which supersede the Income-tax Rules 1962, and consolidates the entire procedural corpus under one cover. What sets this Edition apart is its triple-layer cross-referencing architecture: every rule carries its 1962 counterpart in the header, the corresponding 1961 Act section in footnotes, and operative form references inline—reinforced by four master bidirectional cross-reference tables at the front of the volume, making it equally indispensable to practitioners navigating the transition from the old framework and those working natively within the new one.\u003c\/p\u003e\n\u003cp\u003eThis Edition is designed for every professional and institution for whom procedural exactitude in income tax law is non-negotiable:\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e in active practice, for whom the Rules govern daily compliance—return filing, TDS, audits, valuations, and certifications\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Litigators and Advocates\u003c\/em\u003e\u003c\/strong\u003e appearing before Income-tax Authorities, Commissioner (Appeals), the Income-tax Appellate Tribunal (ITAT), and higher courts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Departments and In-house Legal\/Tax Counsel\u003c\/em\u003e\u003c\/strong\u003e of listed and unlisted companies\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Administrators and Officers of the Income-tax Department\u003c\/em\u003e\u003c\/strong\u003e who apply and interpret the Rules in assessments, appeals, and enforcement proceedings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Firms, Big Four Advisory Practices, and Boutique Direct Tax Firms\u003c\/em\u003e\u003c\/strong\u003e handling advisory, litigation, and structuring mandates\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Researchers, Doctoral Scholars, and Law \u0026amp; Commerce Faculty\u003c\/em\u003e\u003c\/strong\u003e teaching direct tax law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents of Professional Courses\u003c\/em\u003e\u003c\/strong\u003e—CA Final, CS Executive\/Professional, CMA Final, and LL.M., requiring authoritative procedural law texts\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803347824721,"sku":"","price":1887.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_118ddb7e-d11f-4ab5-b0ac-8c1485dcf1de.webp?v=1774948822"},{"product_id":"your-queries-on-law-relating-to-prevention-of-money-laundering-investigation-confiscation-prosecution-book-by-r-v-easwar-aditya-ajgaonkar","title":"Your Queries on Law Relating to Prevention of Money Laundering – Investigation Confiscation Prosecution book by R.V. Easwar,Aditya Ajgaonkar","description":"\u003cp\u003eThis book presents the question(s) of law on the Prevention of Money Laundering Act (PMLA), raised before judicial \u0026amp; quasi-judicial authorities in question \u0026amp; answer format.\u003c\/p\u003e\n\n\u003cp\u003eThis book is a curated \u0026amp; practical handbook that is helpful for professionals, the Directorate of Enforcement and litigants.\u003c\/p\u003e\n\n\u003cp\u003eThe Present Publication is the latest 2023 Edition and has been amended up to 31st January 2023. This book has been authored by Aditya Ajgaonkar and edited by Justice R.V. 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It will be useful to prepare the appropriate reply to show cause notices and to make representations before the authorities.\"\u003c\/p\u003e\n\n\u003cp\u003eThe contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eProceeds of Crime\n\u003cbr\u003eAttachment\n\u003cbr\u003eAdjudication and Confiscation\n\u003cbr\u003eThe Powers of the Appellate Tribunal\n\u003cbr\u003eThe Powers of the High Court\n\u003cbr\u003eInvestigation under the Prevention of Money Laundering Act\n\u003cbr\u003eArrest and Bail\n\u003cbr\u003ePowers of the Special Court\n\u003cbr\u003eThe Enforcement Directorate and other Agencies\n\u003cbr\u003eInterplay with Scheduled Offences\n\u003cbr\u003eInterplay with other Statutory Laws\n\u003cbr\u003eBurden of Proof\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803348709457,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789356226715L_1.jpg?v=1708586148"},{"product_id":"law-practice-of-income-tax-by-pithisaria-pithisaria-set-of-3-vols-m-k-pithisaria-abhishek-pithisaria","title":"Law \u0026 Practice of Income Tax by Pithisaria \u0026 Pithisaria (Set of 3 Vols.)M.K. 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Pithisaria \u0026amp; CA Abhishek Pithisaria, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003e[Flow of the Commentary]\n\u003cbr\u003eThe content of each (operative) Section starts with the Section portion, followed by;\n\u003cbr\u003eThe relevant Rule to that Section (if any) followed by;\n\u003cbr\u003eThe commentary portion under the central heading 'Comments'\n\u003cbr\u003e[Integrated Commentary] that cohesively integrates the following:\n\u003cbr\u003eIncome-tax Act, 1961\n\u003cbr\u003eIncome-tax Rules, 1962\n\u003cbr\u003eNotifications, Circulars, Instructions, etc. issued by the Central Board of Direct Taxes (CBDT) and the Central Government\n\u003cbr\u003eInternational literature on International Tax \u0026amp; Transfer Pricing\n\u003cbr\u003e[Interconnected Commentary]\n\u003cbr\u003eThis commentary aims to help the reader comprehend the law logically, effectively, and efficiently\n\u003cbr\u003eThe authors have given a para numbering and broad subject heading in the commentary on every Section, allowing you to navigate to the relevant portion quickly\n\u003cbr\u003eEach volume provides a detailed alphabetic subject index and list of cases that help you find the relevant discussion instantly\n\u003cbr\u003e[Comprehensive Commentary]\n\u003cbr\u003eThe authors have explained every provision's critical aspect and principles with judicial pronouncements, circulars, notifications, practical insights, and illustrations.\n\u003cbr\u003eThe book covers the international literature on various aspects, including UN Model Tax Convention 2021, OECD TP Guidelines, and Expert Committee's Report on GAAR\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803348742225,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/Pithisaria.jpg?v=1708586109"},{"product_id":"practical-guide-to-income-tax-practice-book-by-the-chamber-of-tax-consultants","title":"Practical Guide to Income Tax Practice book by The Chamber of Tax Consultants","description":"\u003cp\u003eThis is a unique publication that deals with the law and specimens of petitions commonly used by tax practitioners in their day-to-day practice. This book attempts to blend the theory and practical aspects of drafting documents. It attempts to explain the nuances of drafting documents and educates the reader on how these are used in real life. The specimens of pleadings are accompanied by a summary of corresponding legal provisions, giving a professional the 'how' and the 'why' of a legal proceeding. A unique feature of this book is the do's \u0026amp; don'ts while preparing petitions.\n\u003cbr\u003eThis book will be helpful for tax practitioners, advocates \u0026amp; taxpayers to help them bring clarity in their pleadings and understand the procedural \u0026amp; practical aspects of Tax Laws.\n\u003cbr\u003eThe Present Publication is the 3rd Edition, edited by Dr. K. Shivaram, Mr. Rajendra \u0026amp; CA Anish Thacker. The book is divided into 29 chapters, authored by 28 eminent authors, who are senior professionals \u0026amp; retired members of ITAT. The detailed contents of the book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eGrounds of appeal under Income Tax Law before CIT(A), DRP, and ITAT, including cross objections (Revised Form 36 and Form 35)\n\u003cbr\u003e- Vasanthi Patel \u0026amp; Rupal Shah Vora, Advocates\u003c\/p\u003e\n\n\u003cp\u003eApplication for raising additional grounds of appeal before Appellate Tribunal and Commissioner (Appeals)\/National Faceless Appeal Centre (NFAC)\n\u003cbr\u003e- Shashi Bekal, Advocate\u003c\/p\u003e\n\n\u003cp\u003eApplication for admission of additional evidence before the Appellate Tribunal and Commissioner (Appeals)\/National Faceless Appeal Centre (NFAC)\n\u003cbr\u003e- Shashi Bekal, Advocate\u003c\/p\u003e\n\n\u003cp\u003eApplication under Rule 27 of the Income-tax Appellate Tribunal Rules, 1963\n\u003cbr\u003e- Shashi Bekal, Advocate\u003c\/p\u003e\n\n\u003cp\u003eApplication for condonation of delay before Income Tax Appellate Tribunal \u0026amp; Commissioner (Appeals)\/National Faceless Appeal Centre\n\u003cbr\u003e- Shashi Bekal, Advocate\u003c\/p\u003e\n\n\u003cp\u003eRectification applications under sections 154 and 254(2) of the Income-tax Act, 1961\n\u003cbr\u003e- Paras S. Savla \u0026amp; Pratik B. Poddar, Advocates\u003c\/p\u003e\n\n\u003cp\u003eStay Application\/Petition before Assessing Officer and before Principal Commissioner of Income tax\n\u003cbr\u003e- Niyati Mankad, Advocate\u003c\/p\u003e\n\n\u003cp\u003eStay application before Appellate Tribunal\n\u003cbr\u003e- Subhash S. 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Kapadia, Advocate\u003c\/p\u003e\n\n\u003cp\u003eApplications before Central Board of Direct Taxes – Section 119 of the Income-tax Act, 1961\n\u003cbr\u003e- Deepak Tralshawala, Advocate\u003c\/p\u003e\n\n\u003cp\u003eDispute Resolution Committee in certain cases – Chapter XIX-AA – Section 245MA of the Income-tax Act, 1961\n\u003cbr\u003e- Mandar Vaidya, Advocate\u003c\/p\u003e\n\n\u003cp\u003eCertificate for deduction of tax at a lower rate\n\u003cbr\u003e- CA Srinath Kumar\u003c\/p\u003e\n\n\u003cp\u003eApplications during search and survey proceedings\n\u003cbr\u003e- CA Shri Reepal Tralshawala\u003c\/p\u003e\n\n\u003cp\u003eIndemnity bonds\n\u003cbr\u003e- CA Viraj Mehta\u003c\/p\u003e\n\n\u003cp\u003ePower to reduce or waive penalty, etc., in certain cases – Section 273A of the Income-tax Act, 1961\n\u003cbr\u003e- Mr. Devendra Jain, Advocate \u0026amp; CA Ashwini Bhide\u003c\/p\u003e\n\n\u003cp\u003eReduction\/waiver of interest under section 220 of the Income-tax Act, 1961\n\u003cbr\u003e- Mr. Devendra Jain, Advocate \u0026amp; CA Ashwini Bhide\u003c\/p\u003e\n\n\u003cp\u003eImmunity from the imposition of penalty, etc. – Section 270AA of the Income-tax Act, 1961\n\u003cbr\u003e- Mr. Devendra Jain, Advocate \u0026amp; CA Ashwini Bhide\u003c\/p\u003e\n\n\u003cp\u003ePowers of waiver of interest under sections 234A, 234B and 234C of the Income-tax Act, 1961\n\u003cbr\u003e- Mr. Devendra Jain, Advocate \u0026amp; CA Ashwini Bhide\u003c\/p\u003e\n\n\u003cp\u003ePower of Principal Commissioner or Commissioner to grant immunity from penalty – Section 273AA of the Income-tax Act, 1961\n\u003cbr\u003e- Mr. Devendra Jain, Advocate \u0026amp; CA Ashwini Bhide\u003c\/p\u003e\n\n\u003cp\u003ePractice and Procedure – Prosecutions under the Income-tax Act, 1961\n\u003cbr\u003e- Dr. Sujay N. 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This book has been written with the following objectives:\u003c\/p\u003e\n\n\u003cp\u003eProvides an idea about the tax consequences of demonetization\n\u003cbr\u003eProvides an insight into various modes used by the taxpayers to explain their cash deposited in the bank\n\u003cbr\u003eExplains the conditions under which various deeming provisions under Income Tax Act can be applied\n\u003cbr\u003eHighlights the requirement of documentary evidence in support of explanation furnished by the assessee\n\u003cbr\u003eCovers the circumstances under which enhancement, revision or reopening can be done\n\u003cbr\u003eHighlight the circumstances under which penal provisions in relation to cash deposits can be invoked\n\u003cbr\u003eThe Present Publication is the latest edition, authored by D.C. Agarwal \u0026amp; updated till 15th August 2020, with the following noteworthy features:\u003c\/p\u003e\n\n\u003cp\u003eChapter are designed in the form of independent articles so that all the material relating to the issue is compiled in one place\n\u003cbr\u003eChapter on selected questions and answers – FAQs on the issues relating to assessment of cash deposits has also been inserted\n\u003cbr\u003eTopics such as power of enhancement by CIT(A) and Tribunal, re-opening and re-assessment and revision under Section 263 have also been incorporated\n\u003cbr\u003eContents of this book are as follows:\u003c\/p\u003e\n\n\u003cp\u003eIntroduction\n\u003cbr\u003eAfter effects of Demonetization\n\u003cbr\u003eVarious Modes of Cash Deposits\n\u003cbr\u003eCash Deposits and Bogus Sales \u0026amp; Purchases\n\u003cbr\u003eCash Deposits and Section 68\n\u003cbr\u003eCash Deposits and Section 69\n\u003cbr\u003eCash Deposits and Section 69A\n\u003cbr\u003eCash Withdrawal and Deposit\n\u003cbr\u003eBank Passbook and Section 68\n\u003cbr\u003eBooks and Books of Account\n\u003cbr\u003eBurden of Proof\n\u003cbr\u003eLegal Fiction under Section 68, 69 and 69A\n\u003cbr\u003eConcept of Telescoping and Peak Credit in relation to Cash Transaction\n\u003cbr\u003eSubstantive – Protective assessments\n\u003cbr\u003eCash Deposits and Presumptive Taxation\n\u003cbr\u003eNature of amendment in Section 115BBE by Taxation Laws (Second Amendment) Act, 2016\n\u003cbr\u003eRelated Issues\n\u003cbr\u003ePower of Enhancement\n\u003cbr\u003eSBN Deposits in Banks and Prohibition of Benami Property Transactions Act, 1988\n\u003cbr\u003eCash Transactions and Penalties\n\u003cbr\u003eReopening and Reassessment\n\u003cbr\u003eRevision under Section 263\n\u003cbr\u003eFAQs\u003c\/p\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":40803349725265,"sku":"","price":0.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/9789390128464_L.jpg?v=1708586031"},{"product_id":"gujarat-rera-manual-book-by-mahadev-birla-nipun-p-singhvi-vishal-j-davericha-birla","title":"Gujarat RERA Manual book by Mahadev Birla,Nipun P. 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