Taxmann's Direct Taxes Ready Reckoner (For A.Y. 2024-2025 & 2025-2026)

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Description
»    Amendments made by the Finance Act, 2024 as passed by Lok Sabha,are duly incorporated in respective
      Chapters of the Reckoner and are appropriately highlighted
»    Comprehensive analysis of amendments with illustrations is given separately in
       Referencer 2 : Amendments at glance.
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with Alternative Tax Regime,  Break-even Tables, Hints for tax planning and Faceless Tax Proceedings
Contents
PART A
STUDY OF DIRECT TAXES
REFERENCER
1.    Tax rates for the assessment years 2024-25 and 2025-26
2.    Amendments at a glance        
3.    Alternative tax regime
4.    Income Computation and Disclosure Standards
5.    Tax rates for the last ten assessment years
6.    Gold and silver rates for the current year, last ten assessment years and on
        April 1, 1981/April 1, 2001
7.    Tax saving schemes at a glance
8.    Rates of depreciation
       »    Under the Income-tax Act
            -    For the assessment year 2006-07 onwards
            -    For power generating units from the assessment year 1998-99
        »    Under the Companies Act, 2013
9.    Deductions and allowances under the Income-tax Act
10.  Provisions of sections 44D, 44DA and 115A in brief
11.  Cost Inflation Index
12.  Interest on National Saving Certificates
13.  Computation of income and tax under sections 115A, 115AB, 115AC, 115AD, 1
       15BBA  115D
14.  Withholding tax rates
15.  Period of limitation under Income-tax Act
16. Time-limit for issue of notice during 2023-24 under section 148
17.  Provisions of sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54H
18.  New faceless proceedings regime
19. Dates with direct taxes  
»    Terminology 
»    Income from "Salaries"
»    Income from house property 
»    Profits and gains of business or profession 
»    Capital gains 
»    Income from other sources
»    Clubbing of income
»    Set off of losses 
»    Exemptions and deductions 
»    Deductions from tax liability 
»    Agricultural income 
»    Return of income 
»    Penalty 
»    Interest 
»    Advance payment of tax
»    Deduction or collection of tax at source
»    How to compute tax liability  
»    Tax incidence on trusts  
»    Business trust 
»    Alternative Investment Funds 
»    Special procedure for assessment of search cases 
»    Tax clearance certificate 
»    Tonnage tax 
»    Securities transaction tax 
»    Restriction on cash transactions  
»    Banking cash transaction tax 
»    Equalisation Levy
»    Dispute Resolution Scheme
PART B
TAX TABLES
»    Individuals, HUFs and AOPs 
»    Firms 
»    Domestic companies 
»    Foreign companies 
»    Co-operative societies 
»    Tax deduction at source
PART C
»    GOLD AND SILVER
PART D
»    Individuals, HUFs and AOPs
(Assessment years 2018-19 to 2023-24)
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Author Details
Dr. Vinod K. Singhania got his Ph.D. from the Delhi School of Economics in 1976. 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 500 seminars in India and abroad. He can be reached at vks@taxmann.com.
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