

Income Tax Act, 1961 (AIBE)
Income Tax Act,1961 As amended by The Finance Act, 2025 (AIBE)
This edition of the Income Tax Act, 1961, updated with all amendments introduced by the Finance Act, 2025 (Act 7 of 2025, dated 29-3-2025), serves as a comprehensive and reliable legal reference for students preparing for the All India Bar Examination (AIBE), as well as professionals in law, finance, taxation, and accounting.
The book presents the bare text of the law—precisely as enacted—without commentary or interpretation, making it ideal for examination purposes and legal referencing. It includes all the provisions of the Income Tax Act, 1961, as they stand today, after being fully revised in light of the latest Finance Act. This ensures complete alignment with current legislative frameworks and real-world applicability in legal and financial practice.
The content spans the full scope of the Income Tax Act, including:
• Definitions and Scope of Total Income
• Residential Status and Tax Incidence
• Heads of Income – Salaries, Income from House Property, Profits and Gains of Business or Profession, Capital Gains, and Income from Other Sources
• Deductions under Chapter VI-A
• Set-off and Carry Forward of Losses
• Clubbing of Income and Aggregation of Income
• Taxation of Individuals, HUFs, Firms, LLPs, Companies, and Non-residents
• Computation Procedures and Return Filing Obligations
• Assessment, Reassessment, and Appeals Mechanisms
• Penalties, Prosecutions, and Recovery Procedures
• TDS/TCS Provisions and Advance Tax
• Special Provisions for International Taxation and Transfer Pricing
• Updates on the latest surcharge, cess, exemptions, rebates, and tax rates applicable for FY 2025–26
This edition is particularly suitable for:
• AIBE aspirants seeking a statutorily accurate resource
• Law students and academicians needing the most current version of the Act for coursework and projects
• Chartered accountants and tax consultants requiring a practical legal reference
• Litigators and legal professionals involved in taxation-related cases
• Corporate finance and compliance officers ensuring regulatory adherence
Whether used in the exam hall, the office, or in academic study, this updated text delivers the full legislative authority of the Income Tax Act, 1961, as it applies in 2025.
Book Format | : | Paperback |
Language | : | English |
ISBN-13 | : | 9789356036147 |
Book Edition | : | 2025 |
Shipping & Returns
Shipping
Orders are shipped within 3–5 working days (exceptions may occur). Deliveries within Delhi usually take 3–5 working days post-shipment, while deliveries outside Delhi may take 4–5 working days. International shipping is not available at present. Once your package has been dispatched, you will receive a confirmation email with a tracking number to monitor your order.
Returns
We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.
Shipping & Returns
Shipping
Orders are shipped within 3–5 working days (exceptions may occur). Deliveries within Delhi usually take 3–5 working days post-shipment, while deliveries outside Delhi may take 4–5 working days. International shipping is not available at present. Once your package has been dispatched, you will receive a confirmation email with a tracking number to monitor your order.
Returns
We do not accept returns or exchanges for books once sold. A return or replacement is only possible if the book delivered is damaged or if the wrong book has been sent. In such cases, customers are requested to contact us within 7 days of delivery with order details and proof (such as a photo of the book). Refunds will be processed once the returned books are received and inspected, and the amount will be credited in the original form of payment within 7 working days. Shipping charges will not be refunded unless the return is due to our error.
Warranty
Your payment information is processed securely. We do not store your card details nor have access to your payment information.
We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
Warranty
Your payment information is processed securely. We do not store your card details nor have access to your payment information.
We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
Secure Payment
Your payment information is processed securely. We do not store your card details nor have access to your payment information.
We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
Secure Payment
Your payment information is processed securely. We do not store your card details nor have access to your payment information.
We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
About the author
Related Products
Your cart
Your cart is empty
- Choosing a selection results in a full page refresh.
- Opens in a new window.