FEATUREΓ* For A.Y. 2015-2016 & 2016-2017Γ* The ONLY Reckoner containing all amendments made by the Finance (No.2) Bill, 2015 at PROPER PLACES along with effective dateΓ* With Tax PlanningCONTENTDIVISION 1: COMPACT REFERENCERDIVISION 2PART A: ┬╖INCOME TAXChapter 1: IntroductionChapter 2: Scope of Total Income and Residential StatusChapter 3: Incomes which do not form part of Total IncomeChapter 4: Heads of Income [Sectioll J 4] and Income under the Head “Salaries”Chapter 5: Income under the Head “Income from House Property”Chapter 6: Income under the Head “Profits and Gains of Business or ProfessionΓÇ¥Chapter 7: Income under the Head “Capital Gains”Chapter 8: Income under the Head “Income from Other Sources”Chapter 9: Income of Other Persons Included in Assessee’s Total Income (Clubbing of Income)Chapter 10: A. Cash credit, unexplained investments, etc. B. Set off or Carry Forward and Set off of LossesChapter 11: Deductions to be made in Computing Total IncomeChapter 12: Agricultural Income & Its Tax TreatmentChapter 13: Computation of tax liability of various categories of personsChapter 15: Return of Income and Procedure of AssessmentChapter 16: Permanent Account NumberChapter 17: Special Procedure for Assessment of Search CasesChapter 18: Deduction and Collection of Tax at SourceChapter 19: Advance Payment of TaxChapter 20: Interest Payable by/to AssesseeChapter 21: RefundsChapter 22: Penalties and ProsecutionsChapter 23: Appeals and RevisionChapter 24: Specified Domestic Transactions and Provision of Transfer Pricing Applicable to such TransactionsChapter 25: Miscellaneous ProvisionsPART B: WEALTH TAXChapter 26: Wealth TaxDIVISION 3: TABLES ABOUT THE BOOKΓ* An exclusive and never before feature of this book is the inclusion of all amendments made by the Finance (No. 2) Bill, 2014 at proper places in the book along with their effective dates, besides giving them at a glance in CR-1 , which will facilitate the reader to understand the effect of the amendments in the right perspective. The book contains an analytical threadbare analysis of the amendments made by the Finance (No. 2) Bill, 2014.Γ* This book makes an exhaustive and comprehensive attempt to explain all the legal provisions in a very easy to understand manner supported by innumerable illustrations, problems and solutions.Γ* Compact Referencer contains a wide coverage of all the information that the professionals require in their day to day practice. The material has been presented in a very systematic and tabulated format that makes it easy-to-understand and quick-tograsp. It also contains frequently required information on the Companies Act.Γ* The law stated in this book is as amended by the Finance (No. 2) Bill, 2014. Even the last minute changes in the law have been incorporated and it is, therefore, the latest and most upto-date book on the subject. ABOUT THE AUTHORSDr. 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 (ICAl) 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. 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.
Girish Ahuja, Ravi Gupta
16th Edition, 2015