This book is a comprehensive and practical guide to direct taxation under the Income Tax Act, 1961, updated for the Assessment Year 2026?2027. Edited by CA. (Dr.) Girish Ahuja, a leading authority in taxation, the 27th edition is designed to simplify complex tax provisions and integrate them with effective tax planning strategies. It provides a clear understanding of computation of income, deductions, exemptions, and compliance requirements, making it an essential tool for professionals and students navigating India?s direct tax system.
Key Features
- Covers direct tax provisions as per Income Tax Act, 1961
- Focus on tax planning techniques for individuals and businesses
- Updated for Assessment Year 2026?2027
- Simplified presentation of income computation and tax liability
- Authored by renowned taxation expert CA. (Dr.) Girish Ahuja
- Designed as a ready reckoner for quick and practical reference
- Useful for understanding deductions, exemptions, and compliance
- Includes digital support (e-book access)
This book is highly suitable for Chartered Accountants, tax consultants, and financial professionals who require a reliable and quick reference for tax planning and compliance under the Income Tax Act, 1961. It is also ideal for CA, CS, and CMA students preparing for professional examinations, as well as law students specializing in taxation law. Additionally, business owners, entrepreneurs, and academicians will benefit from its practical approach to understanding tax strategies and updated provisions.