Handling of Income Tax Problems

This 2025 Edition of Handling of Income Tax Problems by Ram Dutt Sharma offers a practical and solution-oriented approach to tackling complex income tax issues, updated with the latest amendments introduced by the Finance Act, 2025.

The book is meticulously designed for tax professionals, accountants, business owners, and students to help them understand, analyse, and resolve real-world tax problems with clarity and confidence.

Key highlights include:

• Step-by-step solutions to a wide range of practical income tax problems

• Coverage of the latest provisions of the Income Tax Act, 1961 as amended by the Finance Act, 2025

• Problems and solutions on computation of total income, tax liability, and deductions

• Detailed analysis of heads of income — Salaries, House Property, Business/Profession, Capital Gains, and Other Sources

• Problem-solving on TDS, advance tax, and tax refunds

• Case studies on common taxpayer scenarios and their tax treatment

• Treatment of special situations such as loss set-off and carry forward, exemptions, and rebates

• Reference to relevant CBDT circulars, notifications, and judicial decisions for authoritative clarity

• Inclusion of recent assessment procedures and compliance requirements

• Helpful tips for tax planning to avoid common errors and penalties

This edition is particularly useful for:

• Chartered accountants, tax consultants, and finance professionals

• Business owners and entrepreneurs managing tax compliance

• Students pursuing professional courses in taxation

• Officers of the Income Tax Department

By combining theoretical knowledge with practical application, this book serves as an indispensable guide for effectively handling income tax problems in day-to-day practice.