Income Tax Rules

This 14th Edition (2025) of Income Tax Rules, edited by Dr. Girish Ahuja and Dr. Ravi Gupta, serves as a comprehensive and reliable reference for tax professionals, academicians, students, and corporate compliance officers. Fully updated, it incorporates the latest compliance guidelines, relevant schemes, and the most recent income tax forms.

The book presents the complete text of the Income Tax Rules, arranged systematically for ease of reference, along with allied provisions necessary for practical compliance. It aligns with the latest legislative framework, ensuring its suitability for both academic study and day-to-day professional use.

The content spans the full scope of the Income Tax Rules, including:

• Complete statutory text of the Income Tax Rules, 1962, as amended

• Comprehensive compliance guidelines for practical application

• Provisions relating to computation of income and tax deduction at source

• Procedural rules for filing returns, assessments, and appeals

• Rules on maintenance of accounts, audit reports, and electronic filing

• Provisions governing advance tax, interest, and penalties

• Valuation rules, depreciation schedules, and special allowances

• Detailed rules for international taxation, transfer pricing documentation, and reporting

• Incorporation of relevant schemes under the Income Tax framework

• Latest notified income tax forms for various compliance purposes

• Cross-references to corresponding provisions of the Income Tax Act, 1961

This edition is particularly suitable for:

• Chartered accountants, tax consultants, and advocates specialising in direct taxes

• Law and commerce students preparing for professional examinations

• Corporate tax managers responsible for statutory compliance

• Academicians and trainers in taxation law and practice

Whether used in professional offices, academic institutions, or corporate compliance departments, this updated edition delivers a complete, precise, and practical understanding of the Income Tax Rules, 1962, as applicable in 2025.