The 42nd edition of the book has been thoroughly revised in the light of the amendments made by The Income Tax Act, 1961; The Income Tax Rules, 1962, (as amended up-to-date);

Salient Features of the Income Tax including Tax Planning & Management Book:

Even the last-minute changes in the law have been incorporated in this revised edition of the book and as such, it is the latest and most updated book on Income Tax for the Assessment Year 2021-22. Further, the amendments made by the Finance Act, 2020 and the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, applicable for the Assessment Year 2021-22, have been incorporated in the book.
Features of the New tax payer-friendly e-filing Portal launched by the Income Tax Department on 7th June 2021 have been included in the chapter Procedure For Assessment.
The language of the book is simple and lucid.
Small illustrations and examples are given for ticklish law points so as to make them easy and self-explanatory for students to understand the subject.
All important case laws and circulars/notifications reported up to June 2021 have been incorporated.
More than 500 solved illustrations have been given in various chapters from the questions set for examinations conducted by the various Universities,
All important aspects of Tax Planning and Management for the Assessment Years 2021-22 and 2022-23 have been included in the book.
Income Tax including Tax Planning & Management Book Contents

Income Tax including Tax Planning & Management Book Contents
• Significant Direct Tax Amendments
• Section-wise Index
1. Introduction and Important Definitions
2. Residence and Tax Liability (Basis of Charge)
3. Exemptions from Tax (Non-Taxable Income)
4. Income from Salaries
5. Income from Salaries (Retirement)
6. Income from House Property
7. Profits and Gains of Business or Profession
7A. Determination of Income of Certain Business or Profession on A Presumptive Basis
8. Depreciation and Investment Allowance
9. Capital Gains
10. Income from Other Sources
11. Clubbing of Incomes and Aggregation of Incomes or Deemed Incomes
12. Set-off and Carry-Forward of Losses
13. Deductions to be Made in Computing Total Income
14. Agricultural Income
15. Rebate and Relief of Tax
16. Computation of Total Income of Individuals
17. Computation of Tax of Individuals
18. Assessment of Hindu Undivided Families
19. Assessment of Partnership Firms and Association of Persons
20. Assessment of Companies
21. Assessment of Co-Operative Societies
22. Assessment of Trusts
23. Income Tax Authorities and their Powers
24. Procedure for Assessment (Including Income Tax E-Assessment Scheme, 2019)
25. Deduction and Collection of Tax at Source
26. Advance Payment of Tax
27. Recovery and Refund of Tax
28. Appeals and Revision
29. Penalties, Offenses, and Prosecutions
30. Capital and Revenue
31. Assessment of Non-Residents in India
32. Assessment of Insurance Business
33. Assessment of Discontinued Business
34. Double Taxation Relief
35. Liability in Special Cases
36. Interim Board of Settlement (In Place of Income Tax Settlement Commission), Board for Advance Ruling (BAR), [In Place of Authority for Advance Ruling (AAR)]
37. Mode of Acceptance or Repayment of Certain Deposits
38. Survey, Search, and Seizure
39. General Anti-avoidance Rules (GAAR)
40. Equalisation Levy (Also known as ‘Google Tax’)

Tax Planning and Management
1. Tax Planning Concepts
2. Tax Planning for Individuals
3. Tax Planning for New Business
4. Tax Planning and Financial Management Decisions
5. Tax Planning and Managerial Decisions
6. Special Tax Provisions
7. Amalgamation and Demerger
8. Tax Planning in Respect of Managerial Remuneration
9. Tax Planning in Respect of Foreign Income

Annexures:

Appendix (Seventh Schedule, Eighth Schedule, Thirteenth Schedule, and Fourteenth schedule)
Rates of Depreciation

https://sahityabhawanpublications.com/product/income-tax-management-planning/

The 42nd edition of the book has been thoroughly revised in the light of the amendments made by The Income Tax Act, 1961; The Income Tax Rules, 1962, (as amended up-to-date);

Salient Features of the Income Tax including Tax Planning & Management Book:

Even the last-minute changes in the law have been incorporated in this revised edition of the book and as such, it is the latest and most updated book on Income Tax for the Assessment Year 2021-22. Further, the amendments made by the Finance Act, 2020 and the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, applicable for the Assessment Year 2021-22, have been incorporated in the book.
Features of the New tax payer-friendly e-filing Portal launched by the Income Tax Department on 7th June 2021 have been included in the chapter Procedure For Assessment.
The language of the book is simple and lucid.
Small illustrations and examples are given for ticklish law points so as to make them easy and self-explanatory for students to understand the subject.
All important case laws and circulars/notifications reported up to June 2021 have been incorporated.
More than 500 solved illustrations have been given in various chapters from the questions set for examinations conducted by the various Universities,
All important aspects of Tax Planning and Management for the Assessment Years 2021-22 and 2022-23 have been included in the book.
Income Tax including Tax Planning & Management Book Contents

Income Tax including Tax Planning & Management Book Contents
• Significant Direct Tax Amendments
• Section-wise Index
1. Introduction and Important Definitions
2. Residence and Tax Liability (Basis of Charge)
3. Exemptions from Tax (Non-Taxable Income)
4. Income from Salaries
5. Income from Salaries (Retirement)
6. Income from House Property
7. Profits and Gains of Business or Profession
7A. Determination of Income of Certain Business or Profession on A Presumptive Basis
8. Depreciation and Investment Allowance
9. Capital Gains
10. Income from Other Sources
11. Clubbing of Incomes and Aggregation of Incomes or Deemed Incomes
12. Set-off and Carry-Forward of Losses
13. Deductions to be Made in Computing Total Income
14. Agricultural Income
15. Rebate and Relief of Tax
16. Computation of Total Income of Individuals
17. Computation of Tax of Individuals
18. Assessment of Hindu Undivided Families
19. Assessment of Partnership Firms and Association of Persons
20. Assessment of Companies
21. Assessment of Co-Operative Societies
22. Assessment of Trusts
23. Income Tax Authorities and their Powers
24. Procedure for Assessment (Including Income Tax E-Assessment Scheme, 2019)
25. Deduction and Collection of Tax at Source
26. Advance Payment of Tax
27. Recovery and Refund of Tax
28. Appeals and Revision
29. Penalties, Offenses, and Prosecutions
30. Capital and Revenue
31. Assessment of Non-Residents in India
32. Assessment of Insurance Business
33. Assessment of Discontinued Business
34. Double Taxation Relief
35. Liability in Special Cases
36. Interim Board of Settlement (In Place of Income Tax Settlement Commission), Board for Advance Ruling (BAR), [In Place of Authority for Advance Ruling (AAR)]
37. Mode of Acceptance or Repayment of Certain Deposits
38. Survey, Search, and Seizure
39. General Anti-avoidance Rules (GAAR)
40. Equalisation Levy (Also known as ‘Google Tax’)

Tax Planning and Management
1. Tax Planning Concepts
2. Tax Planning for Individuals
3. Tax Planning for New Business
4. Tax Planning and Financial Management Decisions
5. Tax Planning and Managerial Decisions
6. Special Tax Provisions
7. Amalgamation and Demerger
8. Tax Planning in Respect of Managerial Remuneration
9. Tax Planning in Respect of Foreign Income

Annexures:

Appendix (Seventh Schedule, Eighth Schedule, Thirteenth Schedule, and Fourteenth schedule)
Rates of Depreciation https://sahityabhawanpublications.com/product/income-tax-management-planning/