About the Book
The book has lucid commentary on the subject- Taxation of Salaried Persons, Individuals and HUFs. It incorporates all the amendments made by the Finance Act, 2017. The concepts like TDS from Salary, Deductions allowed to an Individual, Set off and Carry Forward of Losses, Income under head Capital Gains etc. have been explained in detail with the help of Illustrations. There is a one specific chapter “Illustrations on Income from Salary”, wherein practical examples have been given with their solutions and a gist of all the applied provisions have also been carved out at the end of every solution. Important Schemes like 8% Savings (Taxable) Bonds, 2003, Reverse Mortgage Scheme, 2008 and Capital Gains Accounts Scheme, 1988 have also been covered in appendices with their applicable Forms. Relevant applicable Income Tax Rule or other Act or Rules reference have been highlighted in a separate box
About the Authors
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 (ICAI) 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) arid 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.