Income Tax Act, 1961 (Pocket-edition)

This 2025 Bare-Act edition of The Income-tax Act, 1961 (Act 43 of 1961, as finally revised by the Finance Act 2025—Act 7 of 2025, dt. 29-3-2025) delivers India’s entire direct-tax statute in one desk-ready volume—updated through the latest slab changes, surcharge tweaks, digital-asset provisions and TDS/TCS realignments.

Inside this authoritative ₹ 1,195 compendium

• Full text of the Act with section-wise marginal notes and cross-references to the IT Rules, 1962

• Chapter synopses on:

– Residential status & scope of total income (Ss. 5–9) with handy flow-chart tests 

– Heads of income, deductions & set-off matrices (Ss. 14–80) highlighting amended limits for 80C, 80D, 80-IBA etc. 

– Transfer-pricing, GAAR and Significant Economic Presence triggers (Ss. 92–94B, 115BBN) 

– Digital-asset taxation (115BBG), updated surcharge tables & new TDS sections 194BA/194M (Fin. Act 2025) 

– Assessment, reassessment & faceless appeal timelines after Finance Act 2023-25 trilogy (Ss. 142–263) 

– Penalties & prosecution—integrated chart of 270A computations, 276C jail terms & compounding fees

• Embedded schedules on rates for individuals/HUF, firms, domestic & foreign companies—AY 2025-26 onwards

• Publisher’s “short comments” boxes flagging:

– CBDT circulars on AIS, e-verification & concessional tax regimes (115BAC/115BAD)

– Interplay with GST (deemed supply v. capital receipt) and Black-Money Act disclosures

Why you’ll reach for it

• Tax practitioners draft return positions, penalty replies and appeal memos with pinpoint section citations

• CFOs & finance teams confirm withholding rates, surcharge slabs and MAT computations mid-meeting

• CA-Final, CMA-Inter, CS-Professional & UPSC aspirants rely on one exam-perfect source instead of bulky commentaries

• Academics, journalists & policy-makers quote verbatim provisions when analysing fiscal-budget proposals

Keep this bright-yellow Bare Act within arm’s reach—the next statutory notice, board-room query or exam rapid-revision is covered, verbatim.