

Income Tax Act, 1961 As Amended by Finance Act, 2025
This 14th Edition (2025) of Income Tax Act, edited by Dr. Girish Ahuja and Dr. Ravi Gupta, incorporates all amendments introduced by the Finance Act, 2025 (Act 7 of 2025, dated 29-3-2025) along with relevant judicial decisions and CBDT circulars. It serves as a comprehensive and reliable legal reference for tax practitioners, academicians, students, and corporate professionals.
The book presents the complete statutory text of the Income Tax Act, 1961, as amended, arranged in a clear and structured manner for ease of reference. It is fully updated in line with the latest legislative framework, ensuring accuracy and relevance for both academic and professional use.
The content spans the full scope of the Income Tax Act, including:
• Preliminary provisions, definitions, and scope of total income
• Residential status and tax incidence
• Heads of income – salaries, house property, business or profession, capital gains, and other sources
• Deductions under Chapter VI-A and incentives under special provisions
• Provisions relating to set-off and carry forward of losses
• Clubbing of income, aggregation, and computation rules
• Taxation of individuals, HUFs, firms, LLPs, companies, and non-residents
• Special provisions for international taxation and transfer pricing
• Procedures for filing returns, assessments, reassessments, and appeals
• Penalties, prosecutions, and recovery mechanisms
• TDS/TCS provisions and advance tax requirements
• Surcharge, cess, rebates, and exemptions applicable for FY 2025–26
• Relevant judicial decisions for practical interpretation of provisions
• CBDT circulars clarifying key compliance and procedural aspects
This edition is particularly suitable for:
• Chartered accountants, tax consultants, and advocates practising in taxation
• Law and commerce students preparing for professional examinations
• Corporate tax managers ensuring compliance with the latest legal framework
• Academicians and researchers in taxation and fiscal policy
Whether used in professional practice, academic study, or corporate compliance, this updated edition delivers the complete legislative authority of the Income Tax Act, 1961, as it applies after the Finance Act, 2025.
Book Format | : | Paperback |
Language | : | English |
ISBN-13 | : | 9789356037847 |
Book Edition | : | 14th |
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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.
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We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
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We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
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We accept payments via Debit Cards, Credit Cards, UPI, Net Banking, and Cash on Delivery (COD) for your convenience.
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