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Income Tax Act

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  • Comprehensive Coverage
    • Division One – Income-tax Act, 1961
      • The text is thoroughly updated and annotated, reflecting all amendments made by the Finance Act, 2024 and Finance (No. 2) Act, 2024
      • Appendix – Includes a detailed list and text of provisions from Allied Acts, Circulars, and Regulations that are referred to within the Income-tax Act, providing a cross-referential understanding of the legal framework
      • Validation Provisions – Key provisions that validate the applicability of certain sections
      • Subject Index – A well-structured index that allows for quick and easy location of relevant sections and topics.
    • Division Two – Finance Act 2024 and Finance (No. 2) Act 2024
      • Text of the Finance Act, 2024 and Finance (No. 2) Act, 2024
    • Division Three – Securities Transaction Tax
      • Text of the Securities Transaction Tax
    • Division Four – Commodities Transaction Tax
      • Text of the Commodities Transaction Tax
    • Division Five – Equalisation Levy
      • Text of the Equalisation Levy along with the relevant Notification under Section 164 of the Finance Act, 2016
  • Detailed Annotations and Practical Tools
    • Each section is accompanied by extensive annotations that provide:
      • Relevant Rules & Forms applicable to that section
      • Key Circulars & Notifications issued by the government, which are essential for interpretation and application
      • Dates of Enforcement for specific provisions, enabling readers to understand the chronological application of the law
      • Cross-references to Allied Laws, which are crucial for a holistic understanding of the legal context in which the Income-tax Act operates
  • Historical Context and Legislative Evolution
    • Legislative History
      • The book includes a detailed history of amendments to the Income-tax Act since 1961, providing insights into the evolution of the Income-tax Act. This feature is particularly useful for legal professionals and researchers who seek to understand the legislative intent and historical developments behind current provisions
  • User-Friendly Design and Accessibility
    • Quick Navigation Features
      • The book is designed with user convenience in mind. Section numbers are prominently printed in folios, enabling readers to navigate the text swiftly. The comprehensive Table of Contents further enhances the ease of access
    • Bestseller Legacy
      • As part of Taxmann’s renowned series of bestseller publications, this book continues a legacy of over five decades, trusted by generations of tax professionals and students for its accuracy and reliability
    • Six Sigma Quality Assurance
      • Adhering to the Six Sigma methodology, the book is reviewed to achieve the highest benchmark of ‘Zero Error,’

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