INCOME TAX LAW AND ACCOUNTS BY Dr.H.C MEHROTRA -Dr.S.P.GOYAL- Assessment Year 2024-25

65th Edition

Assessment Year 2024-25

CONTENTS

1. INCOME TAX: INTRODUCTION AND IMPORTANT DEFINITAONS
2. AGRICULTURAL INCOME
3. RESIDENCE AND TAX LIABILITY
4. EXEMPTIONS FROM TAX (TAX-FREE INCOMES)
5. INCOME FROM SALARIES
6. INCOME FROM HOUSE PROPERTY
7. PROFITS AND GAINS OF BUSINESS OR PROFESSION
8. DETERMINATION OF INCOME OF CERTAIN BUSINESS OR PROFESSION ON PRESUMPTIVE BASIS
9. DEPRECIATION AND INVESTMENT ALLOWANCE
10. CAPITAL GAINS
11. INCOME FROM OTHER SOURCES
12. CLUBBING OF INCOMES AND AGGREGATION OF INCOMES OR DEEMED INCOMES
13. SET-OFF OR CARRY FORWARD AND SET-OFF OF LOSSES
14. DEDUCTIONS FROM GROSS TOTAL INCOME WHILE COMPUTING TOTAL INCOME
15. COMPUTATION OF TOTAL INCOME OF INDIVIDUALS
16. COMPUTATION OF TAX LIABILITY OF INDIVIDUALS
17. REBATE AND RELIEF OF TAX
18. ASSESSMENT OF HINDU UNDIVIDED FAMILIES
19. ASSESSMENT OF PARTNERSHIP FIRMS / LLPs and THEIR PARTNERS
20. ASSESSMENT OF ASSOCIATION OF PERSONS OR BODY OF INDIVIDUALS
21. INCOME TAX AUTHORITIES
22. PREPARATION AND FILING OF RETURN OF INCOME
23. ASSESSMENT PROCEDURE
24. DEDUCTION AND COLLECTION OF TAX AT SOURCE
25. ADVANCE PAYMENT OF TAX
26. RECOVERY AND REFUND OF TAX
27. DISPUTE RESOLUTION COMMITTEE
28. APPEALS AND REVISION
29. MODE OF ACCEPTANCE OR REPAYMENT OF LOANS OR DEPOSITS
30. PENALTIES
31. OFFENCES LIABLE TO PROSECUTION
32. TAX PLANNING FOR INDIVIDUALS
33. ASSESSMENT OF COMPANIES