Description
Taxmann Publications Direct Taxes Law and Practice Professional Edition by Vinod K Singhania and Kapil Singhania
Taxmann’s flagship commentary on Direct Taxes, has been the most trusted & bestselling commentary for experienced practitioners, for more than 20 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 books aims at providing the reader the following:
Acquire a familiarity with the various direct tax provisions
Awareness of direct tax provisions
The nature and scope of direct tax provisions
Up-to-date knowledge of how a statutory provision has been interpreted by different courts of law, on different occasions
The Present Publication is the Latest Edition for Assessment Years 2021-22 & 2022-23), authored by Dr. Vinod K. Singhania & Dr. Kapil Singhania, incorporating all the amendments made by the following:
The Finance Act, 2021
The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
The salient features of this book are as follows:
[Thoroughly Revised] with a view to making the book more reader-friendly
[Lucid & To-The-Point Explanations] which have been arranged in paras & sub-paras with distinct numbers, to make the practitioners more efficient in their work.
[Theoretical Discussions Supplemented by Unique 600+ Illustrations] covering an exhaustive range of issues with reference to the latest Case Laws
[Tax Planning] Hints are given, wherever tax planning can be resorted to
[Coverage of Statutory & Judicial Precedents]
In-depth analysis of all provisions of Income-tax Act with relevant Rules, Judicial Pronouncements, Circulars and Notifications
Frequently asked questions for complex provisions
Gist of all Circulars and Notifications which are in-force
Digest of all Landmark Rulings by the Apex court, High Courts, and Tribunals
[Bestseller Series] Taxmann’s Bestseller Book
[Zero Error] Follows the Six Sigma Approach to achieve the Benchmark of ‘Zero Error’
The detailed contents of the book are as follows:
Basic Concepts
Residential Status and Tax Incidence
Incomes Exempt from Tax
Salaries
Income from House Property
Profits and Gains of Business or Profession
Capital Gains
Income from Other Sources
Income of Other Persons Included in Assesse’s Total Income
Set-off and Carry Forward of Losses
Deductions from Gross Total Income and Tax Liability
Agriculture Income
Typical Problems on Assessment of Individuals
Tax Treatment of Hindu Undivided Families
Special Provisions Governing Assessment of Firms and Associations of Persons
Taxation of Companies
Assessment of Co-operative Societies
Assessment of Charitable and Other Trusts
Return of Income and Assessment
Penalties and Prosecution
Advance Payment of Tax
Interest
Tax Deduction or Collection at Source
Refund of Excess Payment
Appeals and Revisions
Income-tax Authorities
Settlement Commission and Dispute Resolution Committee
Special Measures in Respect of Transaction with Persons Located in Notified Jurisdictional Area
General Anti-Avoidance Rule
Advance Ruling
Search, Seizure and Assessment
Transfer Pricing
Business Restructuring
Alternative Tax Regime
Tax Planning
Miscellaneous
About the author
Vinod K. Singhania
Dr. Vinod K. Singhania got his Ph.D. from the Delhi School of Economics in 1976. His field of special interest includes all facets of corporate legislation and corporate economics especially the tax laws.
Associated in different capacities with several professional institutes and business houses in India and abroad, Dr. Singhania has also authored many popular books and software published by Taxmann.
He has to his credit more than 300 research articles which have appeared in leading journals. He has been a resource person in over 800 seminars in India and abroad.
Kapil Singhania
Dr. Kapil Singhania, a Fellow of the Institute of Chartered Accountants of India and belonging to the alumni of Shri Ram College of Commerce, has completed his research work for which he has been awarded Ph.D. in 2003. His fields of involvement in research work in form of articles in various reputed journals and analytical studies span across from corporate laws to direct and indirect taxation.
He has authored a variety of acclaimed books on direct and indirect taxes published by Taxmann. Dr. Singhania is providing tax consultancy to a number of business organizations, which include multinational and public sector companies