Handbook on Direct Taxes

Book Details

FAST TRACK REFERENCER

FTR 1 Tax Rates for Last Ten Assessment Years F	1.1
FTR 2 Amendments by Finance (No. 2) Act, 2024 F	2.1
FTR 3 Due Dates for Direct Taxes F	3.1
FTR 4 Special Rates under the Income Tax Act, 1961 F	4.1
FTR 5 TDS & TCS Rates for Financial Year 2024–2025 F	5.1
FTR 6 Investment Planner for Financial Year 2024–2025 F	6.1
FTR 7 Forms under Income Tax Rules, 1962 F	7.1
FTR 8 Heads of Income and Deductions F	8.1
FTR 9 Limitation of Time F	9.1
FTR 10 Depreciation Rates under Income Tax Rules, 1962 F	10.1
FTR 11 Depreciation Rates under Schedule II of The Companies Act, 2013 F	11.1
FTR 12 Gold and Silver Rates F	12.1

CHAPTERS

1 Basic Concepts in Income Tax Law	1.1 to 1.14
2 Residential Status	2.1 to 2.22
3 Exemptions under the Income Tax Act, 1961	3.1 to 3.60
4 Salaries	4.1 to 4.38
5 Income from House Property	5.1 to 5.10
6 Profits and Gains of Business or Profession	6.1 to 6.92
7 Capital Gains	7.1 to 7.58
8 Income from Other Sources	8.1 to 8.26
9 Income of Other Persons included in Assessee’s Total Income	9.1 to 9.4
10 Set off and Carry Forward of Losses	10.1 to 10.8
11 Deductions under Chapter VI–A	11.1 to 11.50
12 Rebates from Tax Payable	12.1 to 12.6
13 Agricultural Income	13.1 to 13.6
14 Taxation of Individuals	14.1 to 14.8
15 Taxation of HUF	15.1 to 15.6
16 Taxation of Partnership Firm	16.1 to 16.10
17 Taxation of LLP	17.1 to 17.4
18 Taxation of Companies	18.1 to 18.42
19 Taxation of AOP	19.1 to 19.6
20 Taxation of Co–operative Society	20.1 to 20.10
21 Taxation of Charitable Trust	21.1 to 21.30
22 Taxation of Private Trust	22.1 to 22.2
23 Taxation of Non–Residents	23.1 to 23.26
24 Taxation of International Transactions – Transfer Pricing	24.1 to 24.28
25 Double Taxation Avoidance Agreement	25.1 to 25.12
26 Taxation of Mutual Associations	26.1 to 26.2
27 Special Provisions relating to Avoidance of Tax	27.1 to 27.12
28 Tax Deduction at Source	28.1 to 28.96
29 Advance Tax, Collection and Recovery of Tax.	29.1 to 29.12
30 Interest	30.1 to 30.8
31 Refunds	31.1 to 31.6
32 Penalties and Prosecutions	32.1 to 32.34
33 Income Tax Authorities	33.1 to 33.10
34 Assessment Procedure – Duties of Assessee	34.1 to 34.42
35 Assessment Procedure – Powers of the Department	35.1 to 35.20
36 Assessment Procedure – Various Assessments	36.1 to 36.26
37 Assessment Procedure – Income Escaping Assessment	37.1 to 37.14
38 Assessment Procedure – Search Assessment	38.1 to 38.20
39 Faceless Assessment, Appeals, Penalty	39.1 to 39.52
40 Liability in Special Cases	40.1 to 40.6
41 Settlement Commission & Vivad Se Viswas Scheme,2024	41.1 to 41.38
42 Rectification and Revision	42.1 to 42.10
43 Appeals to Various Authorities	43.1 to 43.20
44 Authority for Advanced Rulings	44.1 to 44.20
45 The Wealth Tax Act, 1957	45.1 to 45.22

QUICK REFERENCER ON ALLIED LAW

Allied Law 1 Securities Transactions Tax	A.1
Allied Law 2 Commodities Transaction Tax [As per Finance Act, 2013]	A.7
Allied Law 3 Fees Payable under Companies Act, 2013	A.12
Allied Law 4 Forms under the Companies Act, 2013	A.20
Allied Law 5 AS & Ind AS Referencer	A.27
Allied Law 6 Income Computation and Disclosure Standards (ICDS)	A.33

About the Author

CA G. Sekar

G. Sekar is a Chartered Accountant in practice for the last 35 years.
Founder and Faculty of Direct Taxation in Shree Guru Kripa's Institute of Management, an Institution providing education for all
levels and all subjects of the Chartered Accountancy Courses and has trained many finance professionals.
Member Central Council of ICAI 2013-16, 2016-19 & 2019-22.
Chairman Direct Taxes Committee of ICAI - 2014.
Chairman Auditing And Assurance Standards Board of ICAI 2019 & 2020.
Great Motivator for Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.
1. Commerce Graduate, Gold Medalist & Rank Holder from Madurai Kamaraj University.
2. Member of Expert Study Group Committee, CBDT, New Delhi, to study the Direct Tax Code Bill in 2006.
3. Recipient of Special Award from the Income Tax Department in 2011, during their 150 years of Income Tax in India Celebrations, for his contribution
and service to the Income Tax Department.
4. Speaker on Budget, Direct and Indirect Taxation in Doordarshan & other Television Channels & Print Media Programmes.
5. Board Member, Airports Authority of India (2019-22).
6. Member of Consultative Advisory Group (CAG) of IFAC-2017-19, International Accounting Education Standards Board (IAESB). It is worthy to note
that he is the First Indian to be part of the CAG.
7. Faculty Member of The Institute of Chartered Accountants of India and its Branches, and other Professional and Management Institutions,
for CA Intermediate/IPCC and CA Final Level, for the subjects Income Tax, Service Tax, VAT, Direct Tax Law, etc.
8. Author of Professional Books for Finance and Legal Professionals, Corporate Taxpayers, Banks, Officials of Income Tax Department, etc.
(a) Handbook on Direct Taxes (Recommended for IRS Trainees at NADT)
(b) Professional Manual on Accounting Standards
(c) Practical Guide on TDS and TCS (Approved Book for ITOs)
(d) Professional Guide to Tax Audit
(e) Personal Income Tax A Simplified Approach
(f) Professional Guide to CARO 2016
(g) A Professional Guide to Income Computation & Disclosure Standards (ICDS)
(h) Handbook for The Insolvency and Bankruptcy Code, 2016
(i) Author of Special Series GST Books for Professionals GST Manual, GST Self Learning, GST Ready Reckoner
(j) Company Law Ready Reckoner
(k) Practitioner's Manual on Direct Taxes Vivad Se Vishwas Act, 2020
(l) Professional's Handbook on Faceless Assessment
9. Author of Books for CA Students Authored about 27 Books covering the entire curriculum of CA Course. Shree Guru Kripa's Institute of Management
is the First and Only Educational Institution in India to accomplish this feat