V.G. Mehta's Income Tax Ready Reckoner (DTRR) | Assessment Year 2026-27 & Tax Year 2026-27

V.G. Mehta's Income Tax Ready Reckoner (DTRR) is a long-standing and trusted practical guide for tax professionals, businesses, and individual taxpayers seeking quick and reliable reference on Indian income-tax law. Now in its 88th Edition (2026), this edition is updated in line with the Finance Bill, 2026 as passed by the Lok Sabha, covering provisions under both the Income-tax Act, 1961 and the Income-tax Act, 2025. It offers a ready reckoner format with tax computation aids, explanatory notes, compliance timelines, and useful tables for AY 2026-27 and TY 2026-27, making it an essential desk companion for day-to-day tax work.

Key Features:

• Updated with amendments introduced by the Finance Bill, 2026 as passed by the Lok Sabha.
• Covers both the Income-tax Act, 1961 and the new Income-tax Act, 2025.
• Detailed guidance on return filing dates, revised returns, and updated returns.
• Includes changes relating to transfer pricing, assessments, reassessments, and recovery proceedings.
• Covers MAT provisions, capital gains on buyback of equity shares, and PAN-related provisions.
• Comprehensive discussion on TDS/TCS, penalties, prosecution, waiver, and immunity provisions.
• Special coverage of non-profit organisations, registrations, specified violations, and mergers.
• Ready tax tables and worked examples for individuals, HUFs, firms, companies, co-operative societies, AOPs, and non-residents.
• Monthly salary TDS tables for FY 2026-27 with examples.
• Includes Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 and extracts of Income-tax Rules.

This book is highly useful for chartered accountants, tax consultants, advocates, finance managers, corporate tax teams, accountants, payroll professionals, and business owners who require fast access to updated tax provisions and calculation guidance.

1. The Finance Bill, 2026, as passed by the Lok Sabha.
2. The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026.
3. Notes on important provisions of income-tax, incorporating therein, the amendments made under the Finance Act 2025 & the Finance Bill, 2026 as passed by the Lok Sabha for both the Income-tax Act, 1961 and Income-tax Act, 2025.
4. Deductions, etc., from gross total income.
5. Tables &/or examples for individuals, HUFs, associations of persons, and non-residents for the assessment year 2026-27 and tax year 2026-27.
6. Table &/or examples for (i) Firms, (i) Co-op. Societies and (iii) Ltd. Cos., for the assessment year 2026-27 and tax year 2026-27.
7. Market quotation for gold & silver. List of bonus shares. Equity shares quotations as on 31-1-2018.
8. Monthly salary tables for deduction of tax from "Salaries" during the financial year 1-4-2026 to 31-3-2027 with an example.
9. Extract of the Income-tax Rules, 2026.