Description

Taxmann CA Final Direct Taxes Law & Practice By Vinod K Singhania Kapil Singhania Applicable for AY 2024-25 Exam

Taxmann CA Final Direct Taxes Law & Practice By Vinod K Singhania Kapil Singhania Applicable for AY 2024-25 Exam

Description

Taxmann’s flagship publication on Direct Taxes has been the ‘go-to-guide’ for Students & Professional Practitioners for the past 40 years now. This book aims at not only making the reader understand the Law & but also helps the reader develop the ability to apply the Law. In other words, this book aims at providing the reader with the following:

• Acquire familiarity with the direct tax provisions
• Awareness of the direct tax provisions
• The nature and scope of the direct tax provisions
• Up-to-date knowledge of how different courts of Law have interpreted a statutory provision on different occasions

This book is written in simple language, explaining the provision of the Law in a step-by-step & to-the-point manner – with the help of suitable illustrations, without resorting to paraphrasing of sections and legal jargons.

This book will be helpful for students appearing in CA, CS, ICWA, M.Com., LL.B., and MBA examinations. It will also be helpful for those appearing in the income-tax departmental examination.

The Present Publication is the 65^th Edition, authored by Dr. Vinod K. Singhania & Dr. Kapil Singhania. This book is amended as per the following:

• Finance Act, 2020
• Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

The noteworthy features of this book are as follows:

• [Self-Learning/Practice Book] Features learn-yourself-technique enabling students to learn & apply the Law faster
• [Treatment of Text is To-The-Point] The matter is arranged in paras and sub-paras with distinct numbers to save time and energy. Also, debatable issues have been deliberated to their logical conclusion
• [Well-Thought-Out-Original-Problems] Each para starts with analytical discussions supported by 600+’ well-thought-out-original-problems’. A unique style of illustrating all complex provisions has been adopted. Hints are also given wherever tax planning can be resorted to
• [Most Amended] Latest Circulars, Notifications, Amendments & Case Laws (up to January 31^st, 2021) are included in all discussions. All recent citations of Court Rulings, Circulars and Notifications have been highlighted
• [Past Exam Questions with Answers] Question set for CA (Final) examination and answers from November 2010 to January 2021
• [Follows Six-Sigma Approach] to achieve the benchmark of ‘Zero-Error.’

Coverage of this book includes

1. Basic Concepts
2. Residential Status and Tax Incidence
3. Incomes Exempt from Tax
4. Salaries
5. Income from House Property
6. Profits and Gains of Business or Profession
7. Capital Gains
8. Income from Other Sources
9. Income of Other Persons included in Assessee’s Total Income
10. Set Off and Carry Forward of Losses
11. Deductions from Gross Total Income and Tax Liability
12. Agricultural Income
13. Typical Problems on Assessment of Individuals
14. Tax Treatment of Hindu Undivided Families
15. Special Provisions Governing Assessment of Firms and Associations of Persons
16. Taxation of Companies
17. Assessment of Co-operative Societies
18. Assessment of Charitable and Other Trusts
19. Returns of Income and Assessment
20. Penalties and Prosecution
21. Advance Payment of Tax
22. Interest
23. Tax Deduction or Collection at Source
24. Refund of Excess Payments
25. Appeals and Revisions
26. Income-tax Authorities
27. Settlement of Cases
28. Special Measures in Respect of Transaction with Persons Located in Notified Jurisdiction Area
29. General Anti-avoidance Rule
30. Advance Ruling for Non-residents
31. Search, Seizure and Assessment
32. Transfer Pricing
33. Business Restructuring
34. Alternative Tax Regime
35. Tax Planning
36. Miscellaneous
37. Annexures
38. Tax Rates
39. Rates of Depreciation
40. Question set for CA (Final) examination and answers from November 2010 to January 2021

About the author

Vinod K. Singhania