Description
Taxmann Publications Direct Taxes Law & Practice For May 2021 Exams by Vinod K Singhania and Kapil Singhania
Taxmann’s flagship publication on Direct Taxes has been to 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 books aims at providing the reader the following:
Acquire a familiarity with the 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
This book is written in a 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 useful for students appearing in CA, CS, ICWA, M.Com., LL.B. and MBA examinations. It will also be useful for those appearing the the income-tax departmental examination.
The Present Publication is the 64th Edition, authored Dr. Vinod K. Singhania & Dr. Kapil Singhania, and updated till 20th December 2020, with the following noteworthy features:
[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 December 20 2020) are included in all discussions. All recent citation 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 November 2020
Follows Six-Sigma Approach to achieve the benchmark of 'Zero-Error'
Also Available:
[1st Edition] of Taxmann’s Direct Taxes Laws & International Taxation (Set of 2 Volumes)
[1st Edition] of Taxmann’s Class Notes on Direct Tax Laws & International Taxation
[1st Edition] of Taxmann’s Cracker on Direct Tax Laws & International Taxation
Coverage of this book includes:
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 Assessee’s Total Income
Set Off and Carry Forward of Losses
Deductions from Gross Total Income and Tax Liability
Agricultural 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
Returns of Income and Assessment
Penalties and Prosecution
Advance Payment of Tax
Interest
Tax Deduction or Collection at Source
Refund of Excess Payments
Appeals and Revisions
Income-tax Authorities
Settlement of Cases
Special Measures in Respect of Transaction with Persons Located in Notified Jurisdiction Area
General Anti-avoidance Rule
Advance Ruling for Non-residents
Search, Seizure and Assessment
Transfer Pricing
Business Restructuring
Alternative Tax Regime
Tax Planning
Miscellaneous
Tax Rates
Rates of Depreciation
Question set for CA (Final) examination and answers from November 2010 to November 2020
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.