Direct Taxes Law and Practice (including Tax Planning with Amendments by Finance Act, 2024) (Professional Edition)

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Description
It is with pride and pleasure that we place before the readers the Fourteenth edition of our book 'Direct Tax Laws and Practice'. This book is prepared to cater to the needs of professionals to have a book helping them to understand the amendments made by the annual Finance Act in the right perspective. It is further enriched by 'Important Recent Judicial Decisions' and Gist of CBDT Circulars and Government Notifications'. The main features of this book are:
»    It is user-friendly and provides information in a concise manner.
»    It is a comprehensive and critical study of the law relating to income tax.
»    Even the last minute change in the law have been incorporated in the book and it is,
      therefore, the latest and most upto-date book or the Assessment Years 2023-2024 &
      2025-2026. The amendments made by the Finance Act, 2024 have been incorporated
      at appropriate places in the book. The Highlights of Amendments made by the Finance
      Act, 2021 have also been given in the beginning of the book to facilitate a quick glance
      to he readers about the latest and have also been incorporated at relevant places.
»    All important case-laws and circulars/notifications reported till date have been incorporated.
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Contents
Part I : Direct Tax Laws
Chapter 1.    Introduction (Sections 1 to 4)
Chapter 2.    Scope of Total Income & Residential Status  Sections 5 to 9)
Chapter 3.    Incomes which do not form part of Total Income (Sections 10, 10AA, & 11 to 13B)
Chapter 4.    Computation of Total Income [Sections 14 & 14A] & Income under the Head "Salaries"
                       [Sections 15 to 17]
Chapter 5.    Income under the Head "Income from House Property" (Sections 22 to 27)
Chapter 6.    Income under the Head "Profits and Gains of Business or Profession"
                       (Sections 28 to 44D)
Chapter 7.    Income under the Head "Capital Gains" (Sections 45 to 55A)
Chapter 8.    Income under the Head "Income From Other Sources" (Sections 56 to 59)
Chapter 9.    Income of Other Persons Included in Assessee's Total Income
                       (Clubbing of Income) (Sections 60 to 65)
Chapter 10.  Unexplained cash credits, investments, money, etc. [Sections 68 to 69D]
Chapter 11.  Set off or Carry Forward and Set off of Losses (Sections 70 to 80)
Chapter 12.  Deductions to be made in Computing Total Income [Sections 80A to 80U
                        (Chapter VIA)]
Chapter 13.   Agricultural Income & Its Tax Treatment [Sections 2( A) and 10(1)]
Chapter 14.   Assessment of Individuals
Chapter 15.   Assessment of Hindu Undivided Family
Chapter 16.   Assessment of Firms (includding LLP)
Chapter 17.   Assessment of Association of Persons
Chapter 18.   Assessment of Co-operative Societies
Chapter 19.   Assessment of Trusts (Sections 11 to 13)
Chapter 20.   Taxation of Mutual Association (Section 24A)
Chapter 21.   Assessment of Companies
Chapter 22.   Tonnage Tax System (Sections 115VA to 115VZC)
Chapter 23.   Return of Income and Procedure of Assessment (Sections 139 to 154)
Chapter 24.   Search & Seizure and Special Procedure for Assessment of Search
                          Cases (Sections 132, 132A, 132B, 133A, 153A to 153C)
Chapter 25.   Deduction and Collection of Tax at Source (Sections 190 to 206CA i.e.
                        (Chapter XVIIA, XVIIB & XVIIBB)
Chapter 26.  Advance Payment of Tax [Sections 207-211, 218 & 219]
Chapter 27.  Interest Payable by/to Assessee (Sections 201(1A), 220(2), 234A to
                         234B, 234C & 244A]
Chapter 28.   Refunds [Sections 237 to 241 & 245]
Chapter 29.  Settlement of Cases (Sections 245A to 245L)
Chapter 30.  Appeals & Revision (Sections 246 to 264)
Chapter 31.  Penalties and Prosecutions
Chapter 32.  Income Tax Authorities (Sections 116 to 119)
Chapter 33. Dispute Resolution Committee in Certain Cases 
Chapter 34.  Business Re-organisation
Chapter 35.  Concepts of tax-planning and specific management decisions
Chapter 36.  Specified Domestic Transactions and Provision of Transfer Pricing Applicable
                          to such Transactions (Chapter X, Sections 92BA, 92, 92C, 92D, 92E & 92F)
Chapter 37.  Liability in Special Cases (Chapter XV, Sections 159 to 179)
Chapter 38.  Collection and Recovery of Tax (Sections 156, 220 to 232)
Chapter 39.  Miscellaneous Provision
Part II : International Taxation
Chapter 1    :    Taxation of Non-Residents with Special Reference to Chapter XII and XIIA
                           of Income-tax Act
Chapter 2    :    Double Taxation Relief [Sections 90, 90A and 91]
Chapter 3    :    Special Provisions Relating to Avoidance of Tax and General Anti-Avoidance
                            Rule (GAAR) (Transfer Pricing Provisions for Internal Transactions and Other
                            Provisions relating to Avoidance of Tax) [Chapter X, Sections 92 to 92F, 93,
                            94A, 94B and 95 to 102]
Chapter 4    :    Advance rulings [Sections 245N to 245V]
Chapter 5    :    Equalisation Levy [Chapter VIII of the Finance Act, 2016]
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Author Details
Dr. Girish Ahuja did his graduation and post-graduation from Shri Ram College of Commerce and was a position holder. He got his Ph.D from Faculty of Management Studies, University of Delhi. He has been teaching Direct Taxes to students at various levels for more than 35 years. He is a Fellow of the Institute of Chartered Accountants of India (1CAI) and was placed in the merit list of both Intermediate and Final Examinations of the Institute. He is a senior faculty member of Shri Ram College of Commerce  (Delhi University) and also visiting faculty member of the Institute of Chartered Accountants of India, Institute of Company Secretaries of India (ICSI) and various management institutes. He had been nominated by the Government to the Central Council of the Institute of Company Secretaries of India for two terms. He is a member of Fiscal Law Committee of ICAI and Editorial Board of ICSI. He is also on the Board of
Directors of many companies and has a vast and rich experience in the field of finance and taxation.
Dr. Ravi Gupta did his graduation and post-graduation from Shri Ram College of Commerce. Thereafter, he did LL.B. from Delhi University and MBA (Finance) from Faculty of Management Studies, Delhi. He has been awarded a Ph.D. degree in International Finance by the Delhi University. He is a faculty member at Shri Ram College of Commerce (Delhi University) and also has vast practical experience in handling tax matters of trade and industry. He has been a visiting faculty member at The Indian Law Institute,  The Institute of Company Secretaries of India, MFC (South Campus, Delhi University), MDI and various other Management Institutes.
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