Bharat Capital Gains Law, Practice & Litigation by CA. (Dr.) AKASH Gupta 1st Edition July 2026

Capital Gains Law, Practice & Litigation by CA. Akash Gupta 1st Edition 2026

Capital Gains Law, Practice & Litigation by CA. Akash Gupta 1st Edition 2026

Description

Capital Gains (Law, Practice & Litigation): Based on the Income Tax Act, 2025, as amended by the Finance Act, 2026’ (1st Edition, 2026) is a practical and comprehensive guide on the taxation of capital gains under the Income-tax Act, 2025. Authored by CA Dr, Akash Gupta and published by Bharat Publishers, this book provides detailed analysis of the legal provisions, practical issues, and litigation aspects relating to capital gains taxation. With 1064 pages of well-structured content, the book covers computation of capital gains, classification of capital assets, exemptions, indexation, transfer provisions, tax planning strategies, assessment issues, and judicial precedents. It also offers practical guidance on handling disputes and litigation involving capital gains. This publication is an essential resource for chartered accountants, tax practitioners, advocates, company secretaries, finance professionals, tax consultants, academicians, and students involved in direct tax advisory, compliance, and litigation.

 Key Features:

• Comprehensive coverage of Capital Gains law and practice
• Practical guidance on computation, exemptions & tax planning
• Includes litigation strategies and important judicial precedents
• Ideal for tax professionals, consultants, and advanced learners
• A 12-page plain-language guide
• Know exactly where the Assessing Officer will strike
• Six decades of precedents, confirmed still good law
• Every 1961 section traced to its 2025 successor
• 30 decision-flowcharts and worked real-number illustrations
• 26 chapters across 8 Parts
• Four ready-reckoners at your fingertips

Content –

PART I

THE CHARGING ARCHITECTURE

Chapter 1       Chargeability of Capital Gains

Chapter 2       Understanding Capital Asset

Chapter 3       What Constitutes ‘Transfer’

Chapter 4       Transactions Not Regarded as Transfer

Chapter 5       Year of Taxability of Capital Gains

PART II

THE COMPUTATION ENGINE

Chapter 6       Mode of Computation of Capital Gains

Chapter 7       Full Value of Consideration

Chapter 8       Cost of Acquisition

Chapter 9       Cost of Improvement

Chapter 10     Expenditure on Transfer

PART III

SPECIAL COMPUTATION REGIMES

Chapter 11     Special Cases of Computation — Market Linked Debentures, Specified Mutual Funds, Unlisted Bonds and Slump Sale

Chapter 12     Capital Gains in Corporate & Complex Transactions —Liquidation, Buyback, Conversion and Indirect Transfers

Chapter 12A  Business Trust Capital Gains

PART IV

REINVESTMENT EXEMPTIONS

Chapter 13     Capital Gains on the Residential House — Reinvestment Exemptions, the ₹10 Crore Cap and the Section 86 Trap

Chapter 14     Capital Gains on Agricultural Land and Compulsory Acquisition — The Three-Layer Framework, the RFCTLARR Carve-out and the Industrial Undertaking Exemption

Chapter 15     Investment-Based Exemptions  (Specified Bonds — The ₹50 Lakh Route) — The Six-Month Window, the Aggregate Cap and the Five-Year Lock-in

Chapter 16     Exemption on Shifting of Industrial Undertaking — Urban to Non-Urban (Section 87) and Urban to
Special Economic Zone (Section 88)

Chapter 17     Withdrawal of Exemption — Section 71 and the Consolidated Clawback Architecture

Chapter 17A  Capital Loss Set-off and Carry-Forward Framework

PART V

TAX RATES

Chapter 18     Tax Rates on Capital Gains — Sections 196, 197 and 198 of the Income-tax Act, 2025

PART VI

PROCEDURAL INFRASTRUCTURE

Chapter 19     Documentation and Reporting Requirements

Chapter 20     Reference to Valuation Officer — Section 91

PART VII

LITIGATION & CASE STUDIES

Chapter 21     Litigation Strategy and Judicial Principles

Chapter 22     Case Studies and Real-Life Scenarios

PART VIII

PRACTITIONER REFERENCE

Chapter 23     FAQs for Professionals

Chapter 24     Professional Checklists

APPENDICES

Appendix A – Complete Section Mapping

Appendix B – Tax Rate Chart — Capital Gains

Appendix C – Capital Gains Account Scheme

Appendix D – Key Judicial Precedents

About the Author

CA (Dr.) Akash Gupta is an accomplished Indian Chartered Accountant (CA), Doctorate (Ph.D.), and financial author. He is an expert in GST, Income Tax litigation, and international cross-border business structuring. He serves as a trusted advisor and strategist for Indian entrepreneurs who want to expand their businesses into global markets. His notable work as an author includes co-authoring the book “Dubai Decoded: A Complete Guide for Indian Entrepreneurs & Global Investors.” This book serves as a step-by-step business strategy manual. It helps investors understand the rules, regulations, and growth opportunities within the UAE market