Capital Gains (Law & Practice) with Illustrations & Judicial Precedents
 

Bharat’s Capital Gains (Law & Practice) with Illustrations & Judicial Precedents – 7th Edition, 2025, authored by renowned tax expert CA. Divakar Vijaysarathy, is a definitive and in-depth treatise on the law relating to capital gains taxation under Indian Income Tax Law. This updated edition offers exhaustive coverage of the legal framework, tax implications, judicial interpretations, and planning strategies relating to capital gains, with the latest changes introduced by the Finance Act, 2025.

Aimed at chartered accountants, tax professionals, legal practitioners, corporate finance officers, and serious taxpayers, this book blends comprehensive legal analysis with practical illustrations and landmark judicial precedents. Covering complex areas such as exemptions, cost inflation indexing, slump sale, transfer of development rights, securities taxation, and more, this book enables clear understanding and compliant execution of capital gains-related matters.

Key Features:

• Complete Analysis of Capital Gains Taxation: Covers provisions from Sections 45 to 55A of the Income Tax Act, 1961, dealing with capital asset transfers, capital receipts, cost of acquisition, period of holding, and types of gains.

• Updated as per Finance Act, 2025: Incorporates all legislative amendments impacting capital gains computation, tax rates, exemptions, grandfathering provisions, and procedural compliance.

• Judicial Precedents with Commentary: Highlights important rulings from the Supreme Court, High Courts, and Tribunals with practical insights into how courts have interpreted complex provisions.

• Practical Computation Examples: Includes step-by-step illustrative problems that demonstrate capital gains calculation in real-life scenarios, including property sale, equity investment, business restructuring, and inheritance.

• Exemption Planning: Detailed guidance on claiming and optimizing exemptions under Sections 54, 54EC, 54F, and others—ideal for tax planning by individuals and HUFs.

• Special Focus Areas: Covers advanced topics like capital gains in mergers, slump sale, conversion of capital assets, real estate transactions, buy-back of shares, and taxation under the new regime.

• Indexation, Fair Market Value & Cost Substitution: Detailed explanation of indexed cost of acquisition and FMV adjustments, crucial for accurate long-term gain computation.

• Investor-Friendly and Professional Use: Designed to meet the needs of both lay investors and professionals with clear explanations and expert tax planning tips.

• Easy-to-Understand Format: Complex legal concepts are explained in a lucid, reader-friendly manner using charts, tables, examples, and Q&As for clarity and quick reference.

Why This Book is Essential:

• Authored by a Practicing Expert: CA. Divakar Vijaysarathy brings decades of experience in taxation and financial advisory, offering deep insights and practical wisdom.

• Tailored for Professionals and Learners: Whether you are advising clients, making investment decisions, or appearing for tax exams, this book meets diverse learning and reference needs.

• Comprehensive Yet Practical: Balances deep statutory analysis with ground-level application, making it an ideal tool for real-time compliance and planning.

• Powerful Tool for Tax Planning: Equips readers with legal and strategic clarity to reduce tax liability on capital gains while remaining within the bounds of the law.

• Time-Tested & Trusted Resource: Now in its 7th edition, this book has established itself as a go-to reference on capital gains law for India’s tax and legal fraternity.

Bharat’s Capital Gains (Law & Practice) with Illustrations & Judicial Precedents – 7th Edition, 2025 by CA. Divakar Vijaysarathy is a must-have for professionals and taxpayers alike, offering unmatched depth, clarity, and legal precision in navigating India’s capital gains taxation landscape.