Direct Taxes Ready Reckoner, 2010/11

The Direct Taxes Ready Reckoner 2010-2011 is an essential tool for practical everyday reference.

Features:

Flow charts for depiction of taxability of income under each head of income.

• Use of tables to present complicated tax provisions in a simple and easy to understand manner with time saving devices.
• Commentary on Finance Bill, 2010.
• Unique tabular presentations of provisions for set off and carry forward of losses, advance tax and residential status.
• Tax computation formulas for all assessees for the last 12 years to facilitate tax computation on finger tips.
• Usage of illustrations and tax-tables.
• A table showing computation of maximum allowable remuneration to partner, allowable as a deduction for various levels of book profit.
• Tables for presentation of various obligations under the Income-tax Act.
• Interest calculator for investments at various maturity periods and rates of interest, as investment planner.
• Interest calculations under section 234A, 234B, 234C and 244A of the Income-tax Act.
• TDS on monthly taxable salary for the FY 2010-2011.
• Income-tax and Advance-tax tables for the AY 2010-2011 and FY 2010-2011 with thumb press index.
• Wealth-tax tables for last 11 years.
• Right/bonus/split of equity shares for the last 3 years.