Universal's The Income Tax Act, as amended by The Finance Act 2025, 2025-26, with Short Notes
 

Universal's The Income Tax Act – Edition 2025, as amended by the Finance Act, 2025, is a meticulously updated and reliable legal text that provides the full statutory text of the Income Tax Act, 1961, applicable for the Assessment Year 2025–26, along with concise and insightful short notes. This book is crafted for ease of understanding and quick reference, making it a must-have for tax practitioners, chartered accountants, lawyers, company secretaries, tax officials, and serious students of Indian tax law.

Structured for both daily reference and exam preparation, this edition incorporates all recent amendments, including changes brought by the latest Union Budget and Finance Act. The inclusion of short explanatory notes makes this version especially helpful for users looking for quick clarification without getting overwhelmed by legal jargon.

Ideal for legal professionals and students alike, the book presents the law in a simplified manner with annotations that highlight legislative intent, important judicial interpretations, and administrative clarifications.

Key Features:

• Updated with the Finance Act 2025: Contains all relevant changes applicable for A.Y. 2025–26, including revised tax slabs, surcharge modifications, procedural amendments, and new insertions.

• Full Text of the Income Tax Act: Complete reproduction of the Income Tax Act, 1961, with section-wise formatting for easy reference and navigation.

• Concise Short Notes: Includes brief and clear notes below key sections to explain the core intent, practical relevance, and recent updates.

• Ideal for Professionals & Students: Useful for CAs, CSs, CMA aspirants, law students, and practitioners who need a reliable copy of the bare act with explanations.

• Quick Reference Tool: Section index, subject index, and cross-references to allied provisions and related rules make the book user-friendly.

• Interpretative Guidance: Notes incorporate insights from CBDT circulars, landmark judicial decisions, and practical examples.

• Amendment Highlights: Recent changes are clearly marked, ensuring readers can distinguish between prior law and the amended provisions.

• Relevant to All Taxpayer Categories: Includes applicable provisions for individuals, HUFs, firms, LLPs, companies, and charitable institutions.

Why This Book Is Essential:

• ✅ Authoritative Source: A dependable legal reference for anyone dealing with the Indian income tax system.

• ✅ Simplified Approach: Offers a clean layout with explanations that reduce the complexity of tax law.

• ✅ Current and Relevant: Fully aligned with the Finance Act, 2025, ensuring readers are up to date with recent legislative developments.

• ✅ Time-Saving Format: Perfect for quick reference, compliance, academic study, and legal drafting work.

• ✅ Well-Organized & Accessible: Thoughtfully structured for ease of understanding and quick retrieval of information.

Universal's The Income Tax Act, as amended by The Finance Act 2025 – Edition 2025 is a trusted resource for anyone seeking to understand or comply with the provisions of India’s direct tax laws. With its reader-friendly layout and expert annotations, this book helps professionals and learners stay ahead in the dynamic field of taxation.