Description
Taxmann Publications Students Guide To Income Tax (University Edition) 67Th Edition by Vinod K Singhania
Taxmann’s flagship publication for Students on Income Tax has been designed to bridge the gap between theory and application. This book is written in simple language, explaining the provision of the law in a step-by-step manner – with the help of suitable illustrations, without resorting to paraphrasing of sections and legal jargons.
This book is an authentic, up-to-date & amended textbook on Income Tax for students of B.Com., M.Com., MBA and other Professional Examinations
The Present Publication is the 67th Edition, amended by the Finance Act 2022 & updated till 1st August 2022. This book is authored by Dr Vinod K. Singhania & Dr. Monica Singhania, with the following noteworthy features:
[Student-Oriented Book] This book has been developed keeping in mind the following factors:
Interaction of the author/teacher with their students in the classroom
Shaped by the author/teacher’s experience of teaching the subject matter at different levels
Reactions and responses of students have also been incorporated at different places in the book
[Self-Learning/Practice Book] Features teach yourself technique enabling students to learn faster
[Analytical Discussions] Each para starts with analytical discussions
[Well-Thought-out-Original-Problems] A unique style of illustrating all complex provisions has been adopted throughout this book
[E-Filing of Income-tax Return] Case studies have been prepared for students to generate E-Income-tax Return
[Zero-Error] Follows Six-Sigma Approach to achieve the benchmark of ‘Zero-Error’
Also Available:
For Solutions to the unsolved exercises, students may refer to ‘[25th Edition] Taxmann’s Students’ Guide to Income Tax including GST Problems & Solutions’
The contents of the book are as follows:
Basic concepts that one must know
Residential status and its effect on tax incidence
Income that is exempt from tax
Income under the head ‘Salaries’ and its computation
Income under the head ‘Income from house property’ and its computation
Income under the head ‘Profits and gains of business or profession’ and its computation
Income under the head ‘Capital gains’ and its computation
Income under the head ‘Income from other sources’ and its computation
Clubbing of income
Set off and carry forward of losses
Permissible deductions from gross total income
Meaning of agriculture income and its tax treatment
Individuals – Computation of taxable income
Hindu undivided families – Computation of taxable income
Firms and association of persons – Computation of taxable income
Return of income
Advance payment of tax
Deduction and collection of tax at source
Interest payable by assessee/Government
Personal Tax Planning
e-Filing of Income-tax Return