Taxmanns Direct Taxes Ready Reckoner (DTRR) | A.Y. 202324 & 202425 Illustrative Ready Referencer on Incometax with Focuse

Taxmanns bestseller for 40+ years, is a ready-referencer for all provisions of the Income-tax Act, covering an illustrative commentary.The Present Publication is the 47th Edition & has been amended by the Finance Act 2023 for AYs 2023-24 & 2024-25. This book has been authored by Dr Vinod K. Singhania, with the following noteworthy features: [Focused Analysis] without resorting to paraphrasing of sections and legal jargons, on the following:o [Amendments made by the Finance Act 2023] are duly incorporated in respective chapters and are appropriately highlightedo [Comprehensive Analysis of Amendments with Illustrations] are given separately in Referencer 2: Amendments at a glanceo [Case Studies on Complex Provisions] are given to understand the implications of the new provisions and amendments in the existing provisions, including: Section 43B - Consequences of making late payment to micro and small enterprises Section 44AD & Section 44ADA - Increase in the threshold limits for presumptive taxation scheme Section 50AA - Special provision for computation of capital gain in the case of a unit of specified mutual fund or market-linked debenture Section 54 & 54F - Limit on the exemption that can be claimed Section 56(2)(xiii) - Tax on the sum received under a life insurance policy Section 87A - Rebate under alternative tax regime Section 115BAC - Alternative Tax Regimeo [Analysis of all Provisions of the Income-tax Act] along with relevant Rules, Case Laws, Circulars and Notifications [Analysis on Alternative Tax Regime] along with Break-even Tables [Faceless Tax Proceedings] provides the summary of all the legal provisions [Tabular Presentation] of all key provisions of the Income-tax Act [Computation of Taxes] on various slabs of income [Ready Referencer] for tax rates, TDS rates, TCS rates, due dates, etc. [Zero Error] Follows the six-sigma approach to achieve the benchmark of zero errorContents of this book are as follows: Part A - Study of Direct Taxeso Tax rates for the assessment years 2023-24 and 2024-25o Amendments at a glanceo Alternative tax regimeo Income Computation and Disclosure Standardso Tax rates for the last ten assessment yearso Gold and silver rates for the current year, last ten assessment years and on April 1, 1981/April 1, 2001o Tax savings schemes at a glanceo Rates of depreciation Under the Income-tax Act For the assessment years 2006-07 onwards For power generating units from the assessment year 1998-99 Under the Companies Act, 2013o Deductions and allowances under the Income-tax Acto Provisions of sections 44D, 44DA and 115A in briefo Cost Inflation Indexo Interest on National Savings Schemeo Computation of income and tax under sections 115A, 115AB, 115AC, 115AD, 115BBA and 115Do Withholding tax rateso Period of limitation under the Income-tax Acto Time limit for the issue of notice during 2023-24 under section 148o Provisions of Sections 54, 54B, 54D, 54EC, 54F, 54GA and 54Ho New faceless proceedings regimeo Dates with direct taxeso Terminologyo Income from Salarieso Income from house propertyo Profits and gains of business or professiono Capital gainso Income from other sourceso Clubbing of incomeo Set-off of losseso Exemptions and deductionso Deductions from tax liabilityo Agriculture incomeo Return of incomeo Penaltyo Interesto Advance payment of taxo Deduction or collection of tax at sourceo How to compute tax liabilityo Tax incidence on trustso Business trusto Alternative Investment Fundso Special procedure for assessment of search caseso Tax clearance certificateo Tonnage taxo Securities transaction taxo Restrictions on cash transactionso Banking cash transaction taxo Equalisation Levyo Dispute Resolution Scheme Part B - Tax Tables | AYs 2023-24 & 2024-25o Individuals, HUFs and AOPs Regular tax regime Alternative tax regimeo Firmso Domestic companieso Foreign companieso Co-operative societieso Tax deduction at source Regular tax regime Alternative tax regime Part C - Market Quotationso Gold and Silver Part D - Tax Tables of the Past Six Years (Assessment Years 2017-18 to 2022-23)o Individuals, HUFs and AOPs