Taxmann Combo Direct Tax Laws (Income Tax Act 2025 , Income Tax Rules 2026 , Direct Taxes Ready Reckoner) Set of 3 Books By Vinod K. Singhania Edition March 2026

Income Tax Act 2025 , Income Tax Rules 2026 & DTRR

Income Tax Act 2025 , Income Tax Rules 2026 & DTRR

Description

The Present Publication is the Latest 2026 Edition, amended by the Finance Act 2026 and G.S.R. No. 198(E); dated 20-03-2026, updated until March 2026. It is edited and authored by Taxmann’s Editorial Board and Dr Vinod K. Singhania, with the following noteworthy features:

• Across the COMBO
  • [Complete Legislative Triangle in One COMBO] Covers the Income-tax Act 2025, Income-tax Rules 2026, and Finance Act 2026 in full—the three instruments that together constitute the operative direct tax framework for AY 2026-27
  • [Current as at G.S.R. No. 198(E) dated 20-03-2026] Incorporates the most recent subordinate legislation under the new framework, making this the most current edition available at the time of publication
  • [Dual-Framework Operation Throughout] All three volumes explicitly support concurrent operation under the Income-tax Act 1961 (for pre-2025 assessments) and the Income-tax Act 2025 (for new assessments)—with parallel citations, bidirectional cross-reference tables, and inline correspondence notations built into every volume
  • [Internal Cross-Referencing Across All Three Volumes] Act references in the Rules point to 1961 Act sections; DTRR section references default to the 2025 Act and 2026 Rules throughout—the set functions as an integrated reference system
• Income-Tax Act 2025 | 73^rd Edition
  • [Four-Dimension Annotation Architecture] Every section of the 2025 Act is annotated across four structured layers:
    • Corresponding rules and prescribed forms under the Income-tax Rules 2026
    • Applicable CBDT circulars and notifications—including operative historical circulars from the 1970s and 1980s
    • Judicially noticed words and phrases, flagged at the precise provision where they arise
    • Allied law provisions, identified in the annotation and reproduced in full in the Appendix—eliminating the need to consult a separate volume of statutes
  • [Three-Tier 1961–2025 Cross-Reference Apparatus] The most operationally critical feature for practitioners trained under the old Act:
    • Inline ‘Corresponding Provision’ reference after every section
    • Table 1 mapping every 1961 Act section to its 2025 equivalent
    • Table 2 mapping every 2025 Act section to its 1961 origin
    • A comprehensive clause-level table mapping every sub-section and clause of the 2025 Act to the corresponding sub-section and clause of the 1961 Act—running to several pages for complex provisions such as MAT/AMT and scheme-framing powers
  • [Finance Act 2026—Fully Incorporated Inline] Every amendment is incorporated directly into the body of the relevant provision. Substituted sub-sections appear in their correct position; omissions are clearly marked; footnotes identify the change, effective date, and prior text
  • [Five Legislative Instruments in One Volume] Beyond the 2025 Act: Finance Act 2026, Securities Transaction Tax, Commodities Transaction Tax, and the Foreign Assets of Small Taxpayers Disclosure Scheme 2026—converting the volume into a complete desk reference for direct tax practice
  • [Appendix of Allied Laws] Full text of every allied statute provision cited anywhere in the 2025 Act, covering the Companies Act 2013, Indian Partnership Act 1932, RBI Act 1934, LLP Act 2008, SCRA 1956, FEMA 1999, Bharatiya Nyaya Sanhita 2023, IT Act 2000, PFRDA Act, and regulatory frameworks under IRDAI and SEBI
  • [Subject Index as Reverse Entry Point] A detailed keyword and concept index providing concept-driven access to the Act, complementing the section-based and table-based navigation available at the front of the volume
• Income-Tax Rules 2026 | 65th Edition
  • [Annotated Text of Income-tax Rules 2026 with Parallel 1962 Citation] Every rule contains inline annotations citing the relevant provision of the Income-tax Act 1961, alongside the explicit corresponding rule and form number under the Income-tax Rules 1962—making the volume simultaneously serviceable to practitioners operating under either framework
  • [Four Master Cross-Reference Tables] Bidirectional rule-to-rule and form-to-form lookup tables (1962 → 2026 and 2026 → 1962), prominently positioned at the front of the volume for rapid transition navigation
  • [Triple-Layer Annotation Within Rule Text] Three levels of cross-referencing embedded at the rule level
    • Legacy rule equivalent identified in the section heading
    • Act-section footnotes citing the corresponding 1961 Act section within the rule body
    • Form cross-references within rules that prescribe specific forms
  • [Comprehensive 21-Division Structure] Complete coverage across the entire spectrum of income tax procedural law—core Income-tax Rules 2026; ICDS; faceless assessment, appeal, penalty, inquiry, and reassessment schemes; ITAT rules; STT and CTT rules; savings schemes; certificate proceedings; and the Bank Term Deposit Scheme—each Division self-contained with its own arrangement of rules and full statutory text
  • [Allied Laws Appendix] Full text of every allied statute provision referenced in the Income-tax Rules 2026, eliminating the need to consult separate statutes for procedural cross-references
  • [58 Years of Uninterrupted Publication] Recognised as the most comprehensive and trusted compilation of income tax rules by practitioners, tax tribunals, and High Courts for over five decades—65 annual editions with consistent editorial standards
• Direct Taxes Ready Reckoner | 50th Golden Jubilee Edition
  • [Finance Act 2026—Fully Integrated] All amendments incorporated directly into the relevant chapters and highlighted at the point of relevance
  • [Amendments at a Glance with Case Studies] Referencer 2 provides a structured three-part dissection of every legislative change:
    • Part A covers Finance Act 2026 amendments to both the 1961 Act and the 2025 Act
    • Part B maps key structural changes under the Income-tax Act 2025
    • Part C covers procedural changes under the Income-tax Rules 2026—each amendment supported by practical illustrations and full numerical case studies
  • [Section-wise Cross-reference Index] An exhaustive bidirectional index mapping every section of the 1961 Act to its corresponding provision in the 2025 Act at paragraph level—enabling instant location of any provision under either Act
  • [New vs. Old Tax Regime—Complete Parallel Analysis] All provisions presented in parallel for both regimes across every assessee category; four distinct corporate tax rate regimes fully analysed—Section 199 (25% for eligible manufacturers), Section 200 (22% for all domestic companies), Section 201 (15% for new manufacturing companies), and Section 202 (default new regime with restricted exemptions and deductions)
  • [Salaries—Comprehensive Allowance Tables with Revised Quantum] All allowance categories covered with AY 2026-27 quantum limits, including revised children’s education allowance, hostel expenditure allowance, and transport allowance for transport system employees; HRA computation covers the three-limb formula with worked examples, including the reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier from AY 2026-27
  • [Presumptive Taxation—Full Treatment with 1961 Act vs. 2025 Act Comparison] All three sub-schemes under Section 58 of the 2025 Act covered with comparative illustrations, including the critical departure under the 2025 Act requiring audit if income exceeds the basic exemption limit—irrespective of prior-year history under the scheme
  • [Updated Return—Multi-Scenario Analysis] Covers two key Finance Act 2026 amendments permitting updated return filing where a declared loss is reduced and post-reassessment notice under Section 280, with a four-scenario tax burden comparison worked through with complete rupee computations
  • [TDS/TCS—Exhaustive Coverage Across 100+ Provisions] Every withholding provision under Section 393 of the 2025 Act covered with its 1961 Act equivalent, applicable rates, threshold limits, surcharge and HEC overlay, form references, operative CBDT circulars, and landmark judicial rulings
  • [Penalty Tables—Consolidated and Quantified] A comprehensive penalty reference table listing every default with the applicable section under both Acts, minimum and maximum penalties—including new obligations such as the crypto asset statement under Section 409(1), SFT defaults, and cash transaction violations under Sections 165–167
  • [Pre-computed Tax Tables—Current and Historical] Part B provides pre-computed liability tables for AY 2026-27 across all assessee categories under both regimes; Part D provides historical tax tables for AY 2020-21 through AY 2025-26—enabling backward-looking liability computation for pending assessments and reassessments without recourse to prior-year volumes
  • [50th Golden Jubilee Edition—Authored by Dr Vinod K. Singhania] Five decades of authoritative annual commentary establishing the DTRR as the definitive desk reference in Indian direct taxation
• Income-Tax Act 2025
  • Preliminary Cross-Reference Tables (350+ pages)
    • Table 1 – 1961 Act → 2025 Act (all sections, with headings for both Acts)
    • Table 2 – 2025 Act → 1961 Act (bidirectional reverse mapping)
    • Table 3 – Comprehensive clause-level mapping across all sub-sections and clauses
  • Division One — Income-tax Act 2025
    • Complete annotated text of all 535+ sections across 22 Chapters, as amended by Finance Act 2026; Appendix of Allied Laws; Subject Index
  • Divisions Two through Five
    • Finance Act 2026 | Securities Transaction Tax | Commodities Transaction Tax | Foreign Assets of Small Taxpayers Disclosure Scheme 2026
• Income-Tax Rules 2026
  • Cross-Reference Tables
    • Four master lookup tables: Rules 1962 → 2026, Rules 2026 → 1962, Forms 1962 → 2026, Forms 2026 → 1962
  • 21 Divisions
    • Income-tax Rules 2026 | ICDS | e-Appeals Scheme 2023 | ITAT Rules 1963 | Faceless Appeal Scheme 2021 | Faceless Penalty Scheme 2021 | CTT Rules 2013 | STT Rules 2004 | Capital Gains Accounts Scheme 1988 | Benami Property Transactions Rules 2016 | Centralised Processing of Returns Scheme 2011 | e-Verification Scheme 2021 | e-Advance Rulings Scheme 2022 | Faceless Jurisdiction Scheme 2022 | e-Assessment of Income Escaping Assessment Scheme 2022 | Faceless Inquiry or Valuation Scheme 2022 | e-Dispute Resolution Scheme 2022 | Senior Citizens Savings Scheme 2019 | National Savings Certificates (VIII Issue) Scheme 2019 | Certificate Proceedings Rules 1962 | Bank Term Deposit Scheme 2006
• Direct Taxes Ready Reckoner
  • Part A — Study of Direct Taxes
    • 18 Referencers – Tax rates for AY 2026-27 across all assessee categories | Amendments at a Glance (Finance Bill 2026, 2025 Act, 2026 Rules) | New Tax Regime (Sections 199–203) | ICDS | Tax rates for last ten AYs | Gold and silver rates | Tax saving schemes | Depreciation rate tables | Deductions and allowances summary | Cost Inflation Index | NSC interest | Withholding tax rates including DTAA | Limitation periods | Notice issue time limits | Life insurance cumulative computation | Capital gains exemptions (Sections 82–88) | Carry-forward of 1961 Act provisions | Key compliance dates
    • Substantive Chapters – Salaries (perquisites, allowances, retirement benefits, ESOP, provident fund, HRA—including reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier) | House Property | Business and Profession (ICDS, depreciation, presumptive taxation, MAT/AMT, GAAR) | Capital Gains (indexed cost, FMV as on April 1, 2001, capital gains exemption chain, ULIP, electronic gold receipts, slump sale, merger/demerger) | Income from Other Sources (life insurance taxation four-regime matrix, business trust distributions)
    • Procedural Chapters – Clubbing of income | Set-off and carry-forward of losses | Exemptions and deductions | Return of income (all five types, all due dates) | Advance tax | TDS/TCS (full matrix) | Tax liability computation templates | Penalty (consolidated table, 50+ defaults) | Interest | Non-profit organisations, business trusts, InvITs, tonnage tax, STT, CTT, cash transaction restrictions
  • Part B — Tax Tables (AY 2026-27)
    • Pre-computed liability tables across all assessee categories under new and old regimes; TDS/TCS rate tables
  • Part C — Market Quotations
    • Gold and silver rate tables for FMV and indexed cost computations
  • Part D — Tax Tables of Past Six Assessment Years (AY 2020-21 to AY 2025-26)
    • Historical computation tables for individuals, HUFs, and AOPs