Systematic Approach to Income Tax | Applicable for CA Inter, CMA Inter/ CS Executive | For Sep 2025 and Jan 2026 Examination (Golden Jubilee Edition)

This 50th Edition (Reprint June 2025) of Systematic Approach to Income Tax, authored by Dr. Girish Ahuja and Dr. Ravi Gupta, provides a comprehensive and practical resource on the law and practice of income tax in India, updated for the Assessment Year 2025-2026. Designed for CA Inter, CMA Inter, CS Executive, and other specialised courses, it is equally valuable for professionals, academicians, and students seeking a clear and authoritative guide to the subject.

The book covers the latest provisions of the Income-tax Act, 1961 and allied rules, incorporating all amendments up to date, and is structured to enable systematic learning, easy revision, and application in exams and practice. Its balanced blend of theoretical explanation and solved illustrations makes it a preferred choice for both self-study and classroom reference.

The coverage spans the full scope of the subject, including:

• Basic Concepts and Definitions under the Income-tax Act, 1961
• Residential Status and Tax Incidence
• Income Exempt from Tax
• Computation under the Five Heads of Income ? Salaries, House Property, Business or Profession, Capital Gains, and Other Sources
• Clubbing of Income and Aggregation Rules
• Deductions under Chapter VI-A and Rebates
• Set-off and Carry Forward of Losses
• Computation of Total Income and Tax Liability for Individuals, HUFs, Firms, LLPs, and Companies
• Tax Deducted at Source (TDS), Tax Collected at Source (TCS), and Advance Tax Provisions
• Assessment Procedures, Reassessments, and Rectifications
• Penalties, Prosecutions, and Recovery Mechanisms
• Special Provisions for Non-Residents and International Taxation
• Updated Tax Rates, Surcharge, and Cess applicable for A.Y. 2025?2026