Corporate Tax Planning and Business Tax Procedures with Case Studies

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Description
•    The law stated in this Book is as amended by the Finance Act 2022.
•    Book One showcases the law of income-tax in a structured and concise manner so as to
      provide the theoretical background for understanding the complex Tax Planning and
      Business Tax Procedures in real world scenarios.
•    Book Two covers Corporate Tax Planning (corporate tax, setting up a new business,
      financial management decision, remuneration planning, non-resident and business
      restructuring).
•    Book Three covers Tax Procedure and Management (return, assessment,
      appeals, penalties, Settlement Commission, search and seizure, advance tax,
      TDS, e-TDS and interest).
•    Numerous multiple choice problems are included at the end of each chapter so as to
      enable clarity of thought and quick revision.
•    Each para (with a distinct number) starts with analytical discussion supported by
      well-thought out original problems.
•    The book is amended up to August 1, 2022
•    A useful and handy book, especially where the reader is
     •    a student of tax planning and management,
     •    in the tax consultancy profession,
     •    an official in tax department,
     •    a taxpayer who wants to learn different techniques to legally minimize his current and
           future tax bills.
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Contents
Income-Tax Law in Brief
1.    Law of Income-tax in Brief
Corporate Tax Planning
Unit - I : Tax Planning, Tax Management, Tax avoidance and Tax Evasion
2.    Tax Planning, Tax Management, Tax avoidance and Tax Evasion
Unit - II : Corporate Tax in India
3.    Definitions
4.    Residential Status Tax Incidence
5.    Taxation of Companies
Unit - III : Tax Planning with Reference to Specific Business Decisions
6.    Tax Planning with reference to new business-location of a business
7.    Tax Planning with reference to new business – nature of business
8.    Tax Planning with reference to new business – form of organisation
9.    Tax Planning with reference to Financial Management Decisions
10.  Tax Planning with reference to Managerial Decisions
11.  Tax Planning in Respect of Employees' Remuneration
12.  Tax Planning with reference to sale of scientific research assets
13.  Tax Planning with reference to receipt of insurance compensation
14.  Tax Planning with reference to distribution of assets by companies in liquidation
Unit - IV : Non-Resident
15.  Tax Planning in respect of non-resident
16.  Double taxation relief
17.  Transfer pricing
18.  Advance ruling for non-residents
Unit - V : Business Restructuring
19.  Restructuring Business
20.  Amalgamation
21.  Demerger
22.  Conversion of sole proprietary business or firm into company
23.  Slump sale
24.  Transfer of assets between holding and subsidiary companies
25.  Conversion of Company into Limited Liability Partnership
Business Tax Procedure and Management
Unit - I : Advance Tax, TDS and Interest
26.  Advance payment of tax
27.  Deduction/collection of tax at source and e-TDS return
28.  Interest payable by Assessee/Government
29.  Refund of Excess Payments
Unit - II : Return, Assessment, Penalties, Settlement Commission and Search
30.  Return/Assessment of income
31.  Appeals, Revisions, references
32.  Penalties and prosecutions
33.  Settlement of cases
34.  Search, seizure and assessment
Annex 1 : Tax Rates
Annex 2 : Present value tables
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Authors Details
Dr. Vinod K. Singhania got his Ph.D. from the Delhi School of Economics in 1 976. His fields of special interest include 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 is author of 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 300seminars in India and abroad. He can be reached at vks@taxman.com
Dr. Monica Singhania is Reader, Faculty of Management Studies, University of Delhi. She is a post-graduate from Delhi School of Economics and a Fellow Member of the Institute of Chartered Accountants of India. She has the distinction of being placed in the merit list of the examinations conducted by both the University as well as the Institute. She has been awarded Ph.D. in the area of corporate taxation from the University of Delhi. She is the author of 7 books on direct tax laws and several research papers which have been published in leading journals.
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