Taxmann’s Direct Taxes Manual (Set of 3 volumes) – 51st Edition 2021

Taxmann’s Direct Taxes Manual is a compilation of annotated, amended and updated:

• Income-tax Act, 1961
• Income-tax Rules, 1962
• Circulars & Notifications
• Allied Laws
• Law Lexicon
• Gist of Landmark Rulings

The Present Publication is the 51^st Edition, comes in a set of 3 volumes, that incorporates all changes made by the following:

• Volume 1 – The Finance Act, 2021 & the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
• Volume 2 – The Income-tax (5th Amendment) Rules, 2021
• Volume 3 – Law stated is amended up to 1^st March, 2021

Taxmann’s Direct Taxes Manual incorporates the following noteworthy features:

• [Bestseller Series] Taxmann’s series of Bestseller Books for more than Five Decades
• [Zero Error] Follows the six-sigma approach, to achieve the benchmark of ‘zero error’
• Published in three volumes:
  • Volume 1 incorporates the Income-tax Act, 1961 as amended by the Finance Act, 2021 & Taxation & Other Laws (Relaxation & Amendment of Certain Provisions) Act, 2020. It also contains other Allied Acts such as:
    • Direct Tax Vivad se Vishwas Act, 2020
    • Prohibition of Benami Property Transactions Act, 1988
    • Securities Transaction Tax
    • Commodities Transaction Tax
    • Equalisation Levy
    • Black Money Act
    • Prevention of Money Laundering Act
    • National Tax Tribunal Act, 2005
  • Volume 2 incorporates the Income-tax Rules as amended by the Income-tax (5^th Amendment) Rules, 2021. It also contains other Allied Rules such as:
    • Income Computation and Disclosure Standards
    • Income-tax (Appellate Tribunal) Rules, 1963
    • Certificate Proceeding Rules, 1962
    • Commodities Transaction Tax Rules, 2013
    • Securities Transaction Tax Rules, 2004
    • Authority for Advance Rulings (Procedure) Rules, 1996
    • Prohibition of Benami Property Transaction Rules, 2016
    • Equalisation Levy Rules, 2016
    • Income-tax Settlement Commission (Procedure) Rules, 1977
    • Capital Gains Accounts Scheme, 1988
    • Electoral Trusts Scheme, 2013
    • Income-tax (Dispute Resolution Panel) Rules, 2009
    • Reduction of Wavier of Interest under Section 234A/234B/234C
    • Delay in Filing Refund Claim
    • Bank Term Deposit Scheme, 2006
    • Reverse Mortgage Scheme, 2008
    • Centralised Verification Scheme, 2019
    • Faceless Assessment Appeal & Penalty
    • Sukanya Samriddhi Account Scheme, 2019
    • Senior Citizen’s Savings Scheme, 2019
    • Kisan Vikas Patra Scheme, 2019
    • Public Provident Fund Scheme, 2019
    • National Savings Certificates (VIII Issue) Scheme, 2019
    • Tax Return Preparer Scheme, 2006
    • Site Restoration Fund Scheme, 1999
    • Direct Tax Vivad Se Vishwas Rules, 2020
    • National Pension Scheme Tier II – Tax Saver Scheme, 2020
    • Centralised Processing of Returns Scheme, 2011
  • Volume 3 incorporates the following:
    • [Schemes] All schemes relevant under the Income-tax Act, 1961
    • [Words & Phrases] as defined by various Courts and Tribunals
    • [Circulars, Clarifications & Notifications | 1961 – February 2021] Gist of all Circulars and Notifications which are in force
    • [Case Laws | 1922 – February 2021] Digest of all landmark rulings by the Apex Court, High Courts & Tribunals
    • [Models & Drafts] Specimen, models, and drafts of deeds, letters such as indemnity bond, reply to notices, etc.