Description
Bharat Law House Pvt Ltd Direct Taxes Ready Reckoner With Tax Planning Edition March 202 by Mahendra B Gabhawala
Direct Taxes Ready Reckoner, as its name suggests, is a crisp and unique analysis and explanation of the legal provisions under the Income-tax Act, 1961. The book starts with a detailed section wise analysis of the amendments made by the Finance Act, 2022. It explains the existing provision, the nature of the amendment, the rationale behind and the post-amendment provision.
The chapters are systematically divided into basic concepts, exempt incomes, heads of income (trusts, salaries, business and professional income, capital gains, income from other sources), set off and carry forward of losses, deductions, rebates, transfer pricing, international taxation, search and seizure, returns, assessments, PAN/TAN, TDS/TCS, appeals, references, rectifications, refunds, Settlement Commission, interest, penalties and prosecution, etc. The relevant Chapters contained detailed illustrations with solutions explaining the computation of income. The book contains tabulated information with practical problems and solutions.
Direct Taxes Ready Reckoner also contains tax tables relating to TDS on Salary, Advance and Income Tax Tables in respect of different assesses including the Senior Citizens and Very Senior Citizens. Separate tables have been provided for Special rates of tax for different businesses. A Do It Yourself Formulas for Income Tax for Assessment Year 2022-2023 and Advance Tax for Financial Year 2022-2023 help the reader to easily calculate his taxability at the click of the calculator.