Bharat’s Handbook to Direct Taxes by Bomi F. Daruwala

DIVISION 1

AMENDMENTS AT A GLANCE

Chapter 1              Direct Tax Amendments made by the Finance (No. 2) Act, 2025            

Chapter 2A           Rates of Tax for Assessment Year 2026-27 

Chapter 2B           Rates of Tax for Assessment Year 2025-26 

DIVISION 2

LAW, PRACTICE & PROCEDURE

Chapter 3              Residential Status              

Chapter 4              Provisions Relating to Non-Resident              

Chapter 5              International Tax Rates     

Chapter 6              Double Taxation Avoidance Agreements     

Chapter 7              List of Exempt Incomes    

Chapter 8              Income Computation Disclosure Standards (ICDS)   

Chapter 9              Business Deductions and Disallowances     

Chapter 10            Capital Gains      

Chapter 11            Set Off and Carry Forward of Losses             

Chapter 12            Minimum Alternate Tax     

Chapter 13            Transfer Pricing — Domestic & International               

Chapter 14            General Anti Avoidance Rule (GAAR)            

Chapter 15            Penalties & Prosecution    

Chapter 16            Prohibition on Cash Transactions   

Chapter 17            Deductions under Chapter VIA        

Chapter 18            Time Limit, Form & Fees for Filing an Appeal              

Chapter 19            Limitations           

Chapter 20            Tax Deduction/Collection at Source               

Chapter 21            Rates of Gold and Silver   

Chapter 22            Depreciation Rates as per Companies Act, 2013        

DIVISION 3

FAQS & DEFINITIONS UNDER VARIOUS ENACTMENTS

Chapter 23            Frequently Asked Questions (FAQs)              

Chapter 24            Definitions under selected enactments         

DIVISION 4

SUPREME COURT & HIGH COURTS ON INCOME TAX

Supreme Court & High Courts on Income Tax             

DIVISION 5

CBDT CIRCULARS & GOVERNMENT NOTIFICATIONS

A.            Income-tax Act, 1961         

B.            Wealth-tax Act, 1957          

C.            Expenditure-tax Act, 1987

D.            Banking Cash Transaction Tax       

DIVISION 6

MODEL DEEDS

Model Deeds       

DIVISION 7

ALLIED LAWS REFERRED TO IN DIRECT TAXES ACTS/RULE