Flair Simplified Approach to Income Tax Edition 2025 by Dr. Girish Ahuja & Dr. Ravi Gupta

Description

• A simplified, systematic approach to the understanding of complex subject written in a unique, simple, easy to understand language that enables a quicker grasp for the students
• Each topic, after a theoretical exposition, is followed by plenty of illustrations with solutions to facilitate the busy students to master the practical application of the law. Numerous problems and solutions have been given to enable the students to clearly grasp the intricate provisions. Each chapter contains theoretical and practical questions
• Even the last minute changes in the law have been incorporated in the book and it is therefore, the latest and most up to-date book for the Assessment Year 2025-26. The amendments made by the Finance Act, 2024 have been incorporated at appropriate places in the book.
• The book is useful for students appearing for V Semester B. Com. / B.Com (Hons.) Examinations of Delhi University. It will also be useful for the graduate students of various Universities and Management Institutes

Contents –

1. Introduction
2. Scope of Total Income & Residential Status
3. Incomes which do not form part of Total Income
4. Income under the Head “Salaries”
5. Income under the Head “Income from House Property”
6. Income under the Head “Profits and Gains of Business or Profession”
7. Income under the Head “Capital Gains”
8. Income under the Head “Income from Other Sources”
9. Income of Other Persons Included in Assessee’s Total Income (Clubbing of Income)
10. Set off or Carry Forward and Set off of Losses
11. Deductions to be made in Computing Total Income
12. Agricultural Income & Its Tax Treatment
13. Assessment of Individuals
14. Assessment of Firms (including LLP)
15. Return of Income
16. Procedure for e-filing of ITR 1 and ITR 2
17. Leading cases of Supreme Court
18. Concepts of Tax-planning