This document contains handwritten notes on Equalisation Levy, relevant for CA Final DT students. It covers the provisions introduced by the Finance Act, 2016, including definitions, applicability to non-residents and residents, deposit deadlines, interest and penalty clauses, and return filing procedures. It also touches upon appeals, punishment for false statements, and the tax treatment of income on which Equalisation Levy is paid. These notes are ideal for quick revision and exam preparation.