Common Problems Faced by Income Tax Assessees

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Description
The first edition of the Book, “Common problems faced by income-tax assessees”, was published by Company Law Institute of India Pvt. Ltd., in July 2015. In the first edition of the Book, an attempt was made to ensure that this Book provided a comprehensive and systematically arranged commentary on a number of problems frequently faced by income tax assessees. In the first edition of the aforesaid Book, there were twenty-four Chapters dealing with important issues/problems normally faced by income-tax assessees. The first edition of the aforesaid Book was widely welcomed by the assessees and income-tax advisors, as it dealt with a number of complicated issues/problems, arising during the course of assessment and other proceedings. After the publication of the first edition, there have been a number of changes in the relevant provisions of the Income tax Act, 1961 (the Act), as well as the relevant legal precedents. It has, therefore, been considered necessary to update/revise the Book by bringing out its second edition. The requisite updation and revision have been carried out in respect of all the Chapters of the Book, wherever necessary. Accordingly, almost all the Chapters have been revised.
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Table of Contents
Chapter 1    : Reassessment Proceedings Under Section 147, r.w.s. 148 of the I.. T. Act, 1961
Chapter 2    : A Comprehensive Study of the Provisions of Section 14A, based on Latest Case Law
Chapter 3    : Recovery of Disputed Demand
Chapter 4    : Principles of Mutuality
Chapter 5    : Restrictions Under Section 281 of the I. T. Act, 1961
Chapter 6    : Tax Treatment of Payment by Employer to Employees' Pension Scheme
Chapter 7    : Compensation by Way of Damage for Breach of Contract is not Liable to Income Tax
Chapter 8    : Capital Gains Tax Liability on the Firm Under Section 45 (4)
Chapter 9    : Denial of Exemption Under Section 11, in View of ection 13
Chapter 10  : TDS on Interest Payable for Delay Payment of Purchase Price of Goods
Chapter 11  :  No TDS on Payment for Purchase of Goods/Services through Credit Card Transaction
Chapter 12  : Compensation for Non-Competition Business and its Tax-Implications
Chapter 13  : Tax-treatment of the Sale of a Capital asset/land for Non-fulfillment of the
                            Intended Purpose 
Chapter 14  : Employees' Salary Package and Tax-Planning Measures
Chapter 15  : TDS on Payment to Non-residents and Other Connected Issues
Chapter 16  : Tax-treatment of ESOPs and Other Related Issues
Chapter 17  : No TDS on General Provision for Expenses, made on Estimate basis,
                            at the end of the Financial Year
Chapter 18  : Tax Treatment of Educational Institutions
Chapter 19  : MAT and Other Related Issues under the I. T. Act, 1961
Chapter 20  : Family Arrangement and its Implications under the Direct Tax Laws
Chapter 21  : No TDS in Respect of Reimbursement of of Expenses
Chapter 22  : Revision of Order by CIT, under Section 264
Chapter 23  : Fresh Claim of an Assessee for before the Completion of Assessment
Chapter 24  : Taxation of Joint Venture Business
Chapter 25  : Adjustment of excess Expenditure of one Year  against the Income of Later 
                          Year, in case of Charitable Institutions
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Author Details
S.K. Tyagi, M. Sc., L.L. B. Advocate and Income Tax Advisor Ex. Indian Revenue Service