A Compendium of Issues on Income Tax

Authored by Dr. Girish Ahuja and Dr. Ravi Gupta, this 14th Edition of A Compendium of Issues on Income Tax is a complete and authoritative guide to frequently asked questions on income-tax law and practice, updated as per the Finance Act, 2023. The set presents a meticulously curated collection of queries and answers, designed to resolve practical doubts and interpretative challenges faced by tax professionals, corporates, and academicians.

The work is organized in a clear, issue-based format, making it easy for readers to navigate to relevant topics and quickly find practical solutions supported by statutory provisions and judicial precedents.

The content spans:

• Detailed discussion on scope of total income and residential status

• Income classification under various heads – salaries, house property, business/profession, capital gains, and other sources

• Treatment of deductions, exemptions, and rebates under the Income Tax Act

• Provisions on set-off and carry forward of losses

• Taxation of individuals, HUFs, partnership firms, LLPs, companies, and non-residents

• Issues relating to TDS, TCS, and advance tax compliance

• Penalties, prosecution, and assessment procedures

• Special provisions on international taxation, transfer pricing, and DTAA interpretations

• FAQs on practical computation issues, procedural compliance, and dispute resolution

• Important CBDT circulars, notifications, and relevant extracts of law for instant reference

This compendium is especially valuable for:

• Chartered accountants, company secretaries, and tax consultants handling complex client queries

• Corporate tax managers ensuring compliance with the latest amendments

• Legal practitioners and litigators engaged in income-tax matters

• Students of CA, CS, CMA, and law courses requiring a reliable exam-oriented reference

With its exhaustive coverage, clarity of explanations, and practical orientation, the 14th Edition continues to serve as a go-to reference for anyone seeking authoritative answers to income-tax questions in light of the latest legislative updates.