Handling of Income Tax Problems

Book Details

Chapter
1. Introduction	1
2 Definitions [Section 2]	4
3 Income not included in Total Income [Section 10]	6
4 Charitable Trusts or Institutions [Sections 11 to 13]	14
5 Heads of Income [Section 14]	23
6 Income from Salary [Sections 15 to 17]	26
7 Income from House Property [Sections 22 to 27]	37
8 Profits and Gains of Business or Profession [Sections 28 to 44]	63
9 Depreciation [Section 32]	70
10 Income Tax Audit under Section 44AB	78
11 Presumptive Scheme [Sections 44AD to 44BBB]	82
12 Capital Gains [Sections 45 to 55]	84
13 Exemptions from Capital Gains [Sections 54 to 54GB]	109
14 Income from Other Sources [Sections 56 to 59]	113
15 Clubbing of Income [Sections 60 to 65]	123
16 Cash Credits, Unexplained Investments, Money,Expenditure, etc. [Sections 68 to 69D]	124
17 Set-off or Carry Forward of Loss [Sections 70 to 80]	132
18 Deductions to be made in Computing Total Income[Sections 80A to 80U]	134
19 Rebates and Reliefs [Sections 87 to 89A]	138
20 Income Tax Authorities [Sections 116 to 119A]	144
21 Powers [Sections 131 to 138]	148
22 Search & Seizure [Section 132]	159
23 Return of Income [Section 139]	182
24 Updated Return (ITR-U) [Section 139(8A)]	188
25 Assessment Procedure [Sections 142 to 153]	195
26 Raising Rectification Request before Central Processing Centre (CPC)	221
27 Faceless Assessment [Section 144B]	227
28 Income Escaping Assessment [Sections 147 to 153]	232
29 Rectification of Mistake [Section 154]	247
30 Assessment of Firms [Sections 182 to 189A]	281
31 Deduction & Collection at Source [Sections 192 to 206]	286
32 Collection and Recovery [Sections 220 to 232]	296
33 Interest Chargeable in Certain Cases [Sections 234A to 234H]	321
34 Refunds [Sections 237 to 245]	322
35 e-Dispute Resolution Committee [Section 245MA]	334
36 Appeals to JCIT(A)/CIT(A)/ITAT/High Court/Supreme Court[Sections 246 to 262]	348
37 Revision of Orders Prejudicial to Revenue [Section 263]	350
38 Penalties Imposable [Sections 270A to 274]	351
39 Bar of Limitation for Imposing Penalties [Section 275]	369
40 Compounding of Offences [Section 279(2)]	374
41 Gifts	394
42 Hindu Undivided Family (HUF)	407
43 Principle of Mutuality	427
44 Virtual Digital Assets	428
45 Non-Residents	441
46 Advance Pricing Agreement (APA)	453
47 Permanent Account Number (PAN)	464
48 Tax Deduction and Collection Account Number (TAN)	477
49 New Tax Regime vs Old Tax Regime	483
50 Right To Information Act, 2005	493
51 Miscellaneous	499

About the Author

Ram Dutt Sharma

Ram Dutt Sharma was born on 27th June, 1958 in Narnaul, Haryana. He got his post-graduation from M.D. University, Rohtak in 1980. He joined the Income-tax Department in the year 1983 and retired as Income Tax Officer on 30.06.2018. He worked at various stations of North-West Region of Income-tax Department. He has wide experience of all wings of Income-tax Department such as Assessment Unit, Special Range, TDS Wing, Investigation Wing, etc. He has been Contributing articles and addressing on topics relating to Income Tax at NADT Regional Campus, Chandigarh & Bhopal. He has also addressed number of seminars organized by the Income-tax Department, Chartered Accountants, Advocates and various Trade Associations.

He is recipient of first-ever Finance Minister's Award 2017, the Income Tax Departments highest honour for sustained devotion, commitment to duty & promoting excellence in the field of Direct Taxation at National Level. The Hon'ble Union Finance Minister, Shri ArunJaitley conferred this Finance Ministers Award for Excellence for his meritorious services at VigyanBhawan, New Delhi on 24.07.2017.

Awarded by Hon'ble Member (Revenue& TPS), CBT, Special Secretary to the Government of India Certificate of Appreciation for his contribution recognized and included in the chapter Miscellaneous Orders in Let Us Share A compilation of Best Practices & Orders Vol. VIII released on 31stOctober, 2016.

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