Description
Commercial Law Publishers (India) Pvt. Ltd. Computation of Income from Salary 9th Edition 2023 by Ram Dutt Sharma
‘Income from Salary’ is one of the important heads of income under the Income Tax Act, 1961. Salary taxpayers are amongst our most educated and conscientious taxpayers. Lack of awareness amongst them is often cited. They have been in particular, keen to know about the exemptions, reliefs and deductions available to them.
The provisions regarding salaries are as much subject to instability as other provisions in the income-tax law by way of statutory amendments, instructions, circulars issued from time to time and the ever flowing precedents from the courts and the Tribunal. All these have been discussed in this book.
This book is an attempt to help the salary taxpayers by explaining the provisions relating to calculation of income from Salary in an easy-to-understand language.
The amendments made by the Finance Act, 2023 have been incorporated at appropriate places in this book. I would like to place on record a special note of gratitude to Sh. Ashok Kumar Manchanda, IRS (1976- Batch) who has been a constant source of inspiration in my life.
I also express my thanks to Commercial Law Publishers (India) Pvt. Ltd. who reposed confidence in me and published Eighth Edition of this book. They have done a good job in making this book attractive, acceptable and useful.
It is hoped that this Ninth Edition of this book will also be found very useful for Salary taxpayers in discharging their tax obligations. The views and opinions expressed in this book are the personal opinion of the authors and not that of Government of India and are not binding on any person. It is advised that a reference be made to the tax authorities/relevant laws/rules, etc., before taking a decision arrived at by any Salary taxpayers basing his judgment on the book. We would welcome any suggestion to further improve this book