Income Tax Law & Computation and Book Keeping/Advanced Accountancy along with Amended Departmental Examination Rules 2023

The Departmental Examinations 2025 shall be held as per revised syllabus 2019 of Income Tax Officers' & Income Tax Inspectors' respectively. The latest edition includes solved papers I and II of ITI's and ITO's Exam for the years 2015 to 2024. This edition has also been thoroughly revised in the light of amendments brought in by the Finance Act, 2025 applicable for the assessment year 2025-26.

Key Features:

• Covers Paper I (Income Tax Law & Computation) and Paper II (Book Keeping/Advanced Accountancy) for ITI (Inspector) & ITO (Officer) departmental exams based on the revised 2019 syllabus.
• Detailed explanation of Income‑tax Act 1961 & allied laws
• Step-by-step guidance on computing tax for individuals, HUFs, firms, covering heads of income, deductions, set-offs, rebates, filing returns, and assessment procedures.
• Comprehensive accounting principles: journals, ledgers, trial balance, final accounts (sole proprietors, partnerships, companies), along with depreciation, consignment, joint venture, bills, bank reconciliation, error rectification, and computerized accounting
• Includes fully solved examination papers from 2015-2024.
• Thoroughly updated with amendments from the Finance Act 2025.

The book is particularly valuable for ITI/ITO aspirants, but also serves as a useful reference for students of B.Com, CA-Inter, CS and CMA due to its blend of theoretical clarity and practical computation.