Description
Bharat Law Publications Tax Planning (Tenth Edition) by S Rajaratnam and B V Venkataramaiah
Table of Contents:
1 Tax Planning-An overview
2 Interpretation of Tax Laws :
3 1m ortance of Documentation in Tax Plannmg
4 Muptual Associations-Tax Savers . .
5 . Diversion by Overriding Title
6 Real Income Theory-A Useful Argument…
7 Hindu Undivided Families-I
8 Hindu Undivided Families-II
9 Hindu Undivided Families-lII
10 Charities Can Save Tax : 229
11 Accounting Requirements-Precepts and PraCl!ce 255
12 Agricultural Income 275
13 Corporate Sector-Distinct Treatment.. : : 300
14 Amalgamations and Demergers-Tax ImphcatlOns 320
15 Minimum Alternate Tax/Alternate MmJmu~ Tax 352
16 Conversion of Proprietary Business mto a FIrm/Company 362
17 Planning for Conversion of Firm Into Company ..: 379
18 Limited Liability Parmership-A NewOpportuOlty 389
19 Partnership Finn–Tax and other InophcatlOns ..
20 Interest Income/Annuities-Assessablhty: :~~
21 Choice ofInvestment-investment Plannmg 5
22 PPF is Premier Tax Saver 44(16) Tax Planning-Issues. Ideas. Innovations
23 Non-Residents and Non-Resident Indians-Planning for Residential Status 456
24 Profit-sharing Plans 468
25 Year of As e ment 476
26 Planning Pay Packet From Tax Point of View 506
27 Planning for Profes ionals 557
28 Investment in Housing From Tax Point of View 569
29 Business-Basic Features 591
30 Business Expenditure-Deductions-l 638
31 Business Expenditur Deductions-II 684
32 Depreciation 736
33 Presumptive Taxation-When and How Availed? 784
34 Capital Gains-Charge 797
35 Capital Gains-Reliefs 864
36 Clubbing of lncome (Sections 60 to 64) 898
37 Relief for Exports, SEZs, EOU ew Industrial Undertakings in N.E. Region 909
38 Concessions for New Industrial Undertakings 968
39 Deductions and Other Concessions Without Tears 1012
40 Scheme for Rehabilitation from BTFR-Tax Savings on a Platter. 1055
41 on-Resident Taxation-Sections 9 and 10 1071
42 Non-resident Taxation with Extension to Residents-Advance RulingsITransfer Pricing 1160
43 Double Taxation Avoidance Agreements 1223
44 Intellectual Property Rights-Problems for the Future 1257
45 Private Trusts-Limited Scope 1275
46 Senior Citizens-Special Conces ions 1286
47 Tax Valuation 1293
48 Procedural Law 1318
49 Prohibition of Cash Transactions in Excess nf Certain Limits 1351
50 Tax Deduction and Tax Collection at Source 1370
51 Settlement Commission-A Way Out for Taxpayers in Distress 1407
52 Real Property Transactions 1420
53 Benami Law and Tax Implications 1448
54 Family Arrangement 1464
55 Protection Against Survey 1478
56 Search-Safeguards 1490
57 Penalties and Prosecution and How to Avoid Them 1522
58 Tax on Gift 1555
59 Wealth Tax 1571
APPE DCES 1595
SUBJECT INDEX 1633
About the Authors
RAJARATNAM, MA, LL.M, FICWA, after a brief spell as lecturer in Economics, joined the Indian Revenue Service and retried as Accountant Member, Income-tax Appellate Tribunal in 1985. During his service, he was deputed to Sri Lanka as Tax Expert during 1960-62 and to Government of Tamil Nadu as member of Sales-tax and Agricultural Income-tax Appellate Tribunals during 1971-75. He contributes articles for various Tax Journals, including Income Tax Reports, and the column “Tax Forum” for the HINDU. He has authored a number of books, which include: Tax Management; Guide to Voluntary Disclosure Scheme, 1997 Tax Concessions for Foreign Exchange Eamers; Guide to Tax Deduction at Source; Tax Audit Reports; Tax Deduction for Industries in Backward Districts; Landmark Cases on Direct Tax Laws; and Block Assessment. He has also co-authored a number of books, some of which are: Search Seizures, Survey & Summons; Income Tax Prosecution; Tax Valuation; Settlement Commission and Authority for Advance Rulings; Kar Vivad Samadhan Scheme, 1998; and Commentary on Double Taxation Avoidance Agreements. Recently he has revised the well-known commentary: Sampath Iyengays Law of Income-tax for its tenth edition in eight volumes. He has also revised the current 11 th edition of Sampath Iyengays Law of income Tax in eight volumes Tax Planning-Issues, Ideas, Innovations is his notable contributon to tax Irterature, which has run into five edrtions in nine years
B.V. VENKATARAMAIAH.Sc ., BGL, was a faculty in University of Mysore till July, 1951 before joining Indian evenue Service (Income-tax) in 1951. He worked at various places: Mumbai, Calcutta, Hyderabad, Salem and Chennai in various capacities. He was a Commissioner of Income-tax in Calcutta when he was appointed as Member, Income-tax Appellate Tribunal in January, I 980,lill his retirement in 1986. He writes articles relating to tax for newspapers and tax journals. He writes a regular feature “Comments on Judgments” for Current Tax Reporter. He has co-authored the following books: Kar Vivad Samadhan Scheme, 1998; and Commentary on Double TaxationAvoidanceAgreements.