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Bharat’s Direct Taxes Law & Practice – 18th Edition 2026 is a detailed and professionally structured taxation publication specially designed for chartered accountants, tax practitioners, finance professionals, advocates, academicians, students, and individuals seeking comprehensive knowledge of direct taxation laws and practical tax applications in India.

This updated 18th Edition 2026 provides systematic coverage of the provisions of the Income-tax Act, 1961 along with the latest amendments introduced by the Finance Act, 2025, making it highly useful for academic study, professional practice, tax compliance, and competitive examination preparation.

The publication adopts a practical and analytical approach to explain direct taxation concepts with illustrations, examples, computation techniques, practical problems, and updated judicial interpretations.

The book comprehensively covers:

• Basic Concepts of Income Tax
• Residential Status and Scope of Total Income
• Heads of Income
• Salaries
• House Property
• Profits & Gains of Business or Profession
• Capital Gains
• Income from Other Sources
• Clubbing of Income and Set-Off & Carry Forward of Losses
• Deductions and Exemptions
• Assessment Procedures
• Tax Deduction at Source (TDS)
• Advance Tax and Self-Assessment Tax
• Return Filing and Compliance Procedures
• Tax Audit and Assessment Provisions
• Appeals, Penalties, and Prosecution
• International Taxation and Transfer Pricing Basics

The publication also discusses important practical aspects including:

• Tax computation methods
• Practical illustrations and solved problems
• Case-law based analysis
• Amendments and legislative updates
• Procedural compliance requirements
• Tax planning concepts
• Practical guidance for return filing and assessment

Structured in a reader-friendly and systematic format, the book includes:

• Section-wise explanations
• Practical examples and illustrations
• Case law references
• Chapter-wise summaries
• Tax computation tables
• Examination-oriented presentation
• Updated statutory amendments and notifications

Its practical and examination-oriented approach makes the publication highly useful for:

• Chartered Accountants and Tax Practitioners
• CA, CS & CMA Students
• Commerce and Law Students
• Finance and Accounts Professionals
• Competitive Examination Aspirants
• Advocates and Corporate Consultants

The publication serves as a valuable academic and professional reference for understanding the principles, procedures, and practical application of direct taxation laws in India.

Key Features:

• Comprehensive coverage of Direct Tax Law & Practice
• Updated with Finance Act, 2025 amendments
• Includes practical illustrations and solved problems
• Covers assessment, TDS, appeals, and compliance procedures
• Reader-friendly and professionally structured format
• Useful for professionals, students, and practitioners
• Includes case-law analysis and practical guidance
• Suitable for academic and competitive examination preparation

This publication serves as an essential resource for mastering direct taxation law, tax practice, and professional tax compliance in India.