Chaturvedi & Pithisaria's Income Tax Law (As per the Income-tax Act, 2025) – Ninth Edition, Volume 1 (Sections 1 to 9(2))

LexisNexis publishes the Ninth Edition of Chaturvedi & Pithisaria's Income Tax Law, the treatise that has been the standard Indian commentary on direct tax for decades, now rewritten from the ground up for the Income-tax Act, 2025. The complete work runs to eleven volumes published in two parts; this is Volume 1, covering Sections 1 to 9(2).

The 2025 Act, which received Presidential assent on 21 August 2025 and came into force on 1 April 2026, replaces the Income-tax Act, 1961 with 536 sections and 16 Schedules in place of the eight hundred-odd sections of the old law. Every professional who practised under the 1961 Act now has to re-learn the statute, and this edition is written for exactly that transition.

What this volume covers

This volume opens the commentary and covers Sections 1 to 9(2) of the Income-tax Act, 2025 — broadly Chapter I (Preliminary) and the greater part of Chapter II (Basis of Charge):

• Section 1 — short title, extent and commencement.
• Section 2 — the definitions, the most heavily litigated provision in any taxing statute, treated term by term with the case law on each.
• Section 3 — the tax year, the concept that replaces the previous year and assessment year scheme of the 1961 Act.
• Section 4 — charge of income-tax, and Section 5 onwards — the scope of total income.
• Section 6 — residential status of individuals, companies and other persons.
• Section 7 — income deemed to be received.
• Sections 8 and 9 — income accruing or arising, and income deemed to accrue or arise in India, carried in this volume up to sub-section (2) of Section 9.

What the Ninth Edition contains

• The Income-tax Act, 2025 as amended by the Finance Act, 2026 and the related 2026 amendments, with the Income-tax Rules, 2026 updated to the Third Amendment Rules, 2026.
• Transition aids — cross-references between the 1961 Act and the 2025 Act, and comparison of the old and new Acts and Rules, so a provision can be traced in either direction.
• Chapter introductions giving the scheme and scope of each chapter, with the related rules and allied provisions gathered in one place.
• Official material — observations of the Select Committee, CBDT FAQs on the transition, and recent notifications, circulars and orders.
• More than 1,10,000 judgments of the Supreme Court, the High Courts and select foreign courts.
• International tax and transfer pricing — with reference to the OECD Model Tax Convention (2025), the UN Model Tax Convention (2021) and India's DTAAs.
• Chapter-wise annexures carrying the corresponding DTAA articles, judgments and selected allied laws.
• Online supplement — commentary on the omitted provisions of the 1961 Act, available as a downloadable file for each volume through a QR code or URL.

About the work

Founded by K. Chaturvedi and S. M. Pithisaria, Income Tax Law is revised in this edition by Adv. M. K. Pithisaria and CA Abhishek Pithisaria. It is the commentary that tax benches, departmental officers and senior counsel have cited for a generation, and its authority rests on the exhaustiveness of its case law and the care with which each provision is traced through amendment.

Who should buy this book

• Chartered Accountants and tax practitioners advising on and litigating direct tax matters under the new Act.
• Senior counsel and advocates appearing before the Income Tax Appellate Tribunal, the High Courts and the Supreme Court.
• Income Tax Department officers — assessing officers, Commissioners (Appeals) and the investigation wing.
• Corporate tax and finance departments, and in-house counsel handling assessments, appeals and transfer pricing.
• Law and commerce faculties, universities and bar libraries.

Volumes in this edition

The work runs to eleven volumes in two parts. Volumes 1 to 4 are now available: Volume 1 (Sections 1 to 9(2)), Volume 2 (Sections 9(2) contd. to 10), Volume 3 (Sections 11 to 26) and Volume 4 (Sections 27 to 63). Volumes 5 to 11 are to follow.

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