This book has remained the definitive guide to India's Income-tax Act for over four decades, offering unparalleled clarity and in-depth coverage. It simplifies tax provisions through practical illustrations, break-even tables for Old vs. New Tax Regimes, and extensive coverage of deductions and exemptions. The book guides faceless assessments, TDS/TCS rates, and key compliance procedures. Its user-friendly layout—complete with quick-referencer charts, section-wise commentary, and detailed annexures—makes it helpful for tax professionals, corporate executives, students, and individual taxpayers.
