Taxmann's Income Tax Bill 2025 With Comprehensive Study of Provisions of Income-tax Act 1961 & Proposed provisions of Income-tax Bill - Edition 2025
| Author : | TAXMANN`S |
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Tags: PROFESSIONAL BOOKS, • TAXATION, Income Tax, Direct Taxes Ready Reckoner, Income Tax, New Finance Act, 2025-2026, Budget Edition 2025, Income Tax Bill
“Taxmann’s Income Tax Bill 2025 – A Comprehensive Study of the Provisions of the Income-tax Act 1961 & Proposed Provisions of the Income-tax Bill – Edition 2025” is an authoritative resource meticulously crafted to provide an in-depth analysis of India’s evolving income tax legislation. This edition offers a detailed comparison between the existing Income-tax Act of 1961 and the proposed provisions of the Income-tax Bill 2025, aiming to simplify and modernize the tax framework.
Key Features:
• Section-wise Comparative Analysis: The book presents a side-by-side comparison of each section of the Income-tax Act 1961 with the corresponding proposed provisions in the Income-tax Bill 2025, highlighting the changes and their implications.
• Legislative Intent and Rationale: It delves into the objectives behind the proposed amendments, providing insights into the government’s rationale for introducing specific changes to the tax laws.
• Impact Assessment: The book evaluates the potential impact of the proposed provisions on taxpayers, businesses, and the economy, offering a balanced perspective on the benefits and challenges associated with the new bill.
• Expert Commentary: Authored by seasoned tax professionals, the commentary elucidates complex provisions in a lucid manner, making it accessible to both practitioners and students.
• Practical Examples and Illustrations: To aid understanding, the book includes practical examples, flowcharts, and tables that illustrate the application of various provisions.
• Reference to Relevant Case Laws: Where applicable, the book cites pertinent judicial pronouncements that have shaped the interpretation of existing provisions, providing context to the proposed changes.
This comprehensive study serves as an indispensable tool for tax professionals, legal practitioners, academicians, and students aiming to stay abreast of the significant shifts in India’s income tax legislation. By bridging the gap between the old and the new, it facilitates a deeper understanding of the country’s tax reforms and their practical applications.
