Taxation Mantra Income Tax Act 2025 Simplified By CA Paras Agarwal 1st Edition April 2026

Income Tax Act 2025 Simplified Paras Agarwal Edition April 2026

Income Tax Act 2025 Simplified Paras Agarwal Edition April 2026

About The Book

This book, “Income Tax Planning Simplified’, was born out of a simple observation: while the law has been simplified, the application remains a challenge for the average citizen. With the rise of Al-driven “Faceless Assessments’ and the comprehensive Annual Information Statement (AIS), the cost of an error is now higher than ever.

In these pages, I have attempted to bridge the gap between legal jargon and practical execution. Whether you are a salaried professional trying to understand the ₹12 Lakh rebate, a freelancer navigating the “One-Time Switch” rule, or a homeowner planning the sale of your property, this guide provides a step-by-step roadmap.

Content of the Book is as follows –

Part I – FOUNDATIONS & CONCEPTS

1. The 2026-27 Tax Landscape – Introduction to the ‘Tax Year Concept and Residential Status
2. Earning and Owning – Introduction to Salaries & House Property
3. The Business Pulse -Analysis of Business & Professional Income
4. Wealth & Assets -The Simplified Tax on Capital Gains
5. Other Sources Income – Including Taxation of Gifts
6. Taxation of Hindu Undivided Family – The Family Business
7. The Frontline – TDS Compliances with Simplicity – Individuals and HUFs are also required to deduct TDS

Part II – THE STRATEGIC TAX PLANNING

1. The Digital Auditor – Al, AlS, and Faceless 2.0 – How department knows everything about you?
2. The Filing Toolkit – Choosing the Right ITR Form – An initial step to be taken care
3. Tax Planning Strategies for Non-Residents – Taxation of Non-Residents including NRIs
4. The Global Bridge – Concept and Benefits of DTAA – Avoid Paying Double Tax
5. Wealth in Stocks Taxation of ESOPs and RSUs – To be reported under Salary Head
6. The Transparency Schedules – AL, FA, and FSI – Important Schedules
7. How to Avoid Notices – The “Zero Percentage Notice” Strategy

Part III – UNDERSTANDING WITH PRACTICALS

1. Frequent Tax Discussions – Solution for your daily taxation problems

PART IV – YOUR REGULAR TAX QUERIES

1. Common Tax Queries – Find solution of your queries here

• Highlights of Individuals Income Tax Rules 2026 for Salaried Individuals

About The Author

CA Paras Agarwal is a member of ICAI qualified in 2021 and hold B.com(H) degree. He is a Chartered Accountant with a mission to demystify complex financial landscapes. His career is defined by a dual commitment: achieving professional excellence for the society and fostering growth within the broader commerce community.
He has helped thousands of taxpayers – from salaried professionals to high-net-worth individuals to optimize their tax positions while maintaining flawless compliance