This book explains basics of Indian Income tax law. The law that has its effect on each and every individual and entity in India. This book is for knowledge of common man. In this book simple and easy to understand languages is used, so that it could guide non-professionals also. Appropriate Tables, Charts and Diagrams etc are used to make this book more reader friendly. Easy to understand illustrations are given to explain complex topics.
This book Explains following topics in detail:
1. Vision of This Book
2. Categorization of Income
3. Residential Status of Individuals and Tax Liability
4. Financial Year and Assessment Year Concept
5. Understanding Forms of Income Tax Returns
6. Salary Income
7. House Property Income
8. Agriculture income and its Taxation
9. Capital Gains and Exemptions
10. Income from Other Sources
11. Deductions from Income
12. Tds, Interest on Late Payment of Tax, Self Assessment Tax, Regular Assessment Tax
13. Clubbing of Income
14. Carry forward and set off of losses
15. Preparing Computation of Income
16. Due dates of Income Tax
17. Assessment, Intimation and Re-Assessment
18. Appeals in General
Physical copy of the book is also available at pothi.com. Please give it a try.