{"title":"CA Professional Books","description":null,"products":[{"product_id":"income-tax-act-2025","title":"Income Tax Act 2025","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Act 2025\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive, fully annotated text of India's landmark Income-tax Act 2025—the successor legislation to the Income-tax Act 1961—as further amended by the Finance Act 2026. This is Taxmann's flagship publication, now in its 73\u003csup\u003erd\u003c\/sup\u003e Edition, and represents over six decades of unbroken editorial continuity.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Income-tax Act 2025 is the most consequential restructuring of Indian direct tax law in over six decades. It repeals and replaces the Income-tax Act, 1961—consolidating, rationalising, and renumbering an entire body of law that had accumulated across nearly 300 amendments and countless provisos, explanations, and sub-clauses over 60 years. The 2025 Act restructures 298 sections of the old law into 535+ sections across 22 chapters, introducing logical sub-sectioning, tabular presentation of rates and conditions, cleaner definitional architecture, and a new concept of ‘tax year’ to replace the old ‘previous year\/assessment year’ framework.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWith over 1,500 pages, including five legislative instruments, three cross-reference tables, associated law provisions, and a comprehensive subject index—all centred around a fully annotated statutory text—this volume stands as the definitive single-volume reference on the Income-tax Act, 2025 for the Indian legal and tax community.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication serves the full spectrum of India's direct tax constituency:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Chartered accountants, tax advocates, and consultants who need an annotation-rich, always-updated primary text for daily advisory, compliance, and litigation work. The volume's annotation structure is calibrated precisely for the working professional who needs to know not just the provision but also the applicable rule, the relevant CBDT circular, and the judicial meaning of key terms—all from a single source\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— In-house counsel, CFOs, and tax departments of companies navigating the transition from the old to the new Act, particularly in areas involving MAT computation, transfer pricing, capital gains, and the new tax regime applicable to domestic companies and co-operative societies\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIncome Tax Department and Tribunal Members\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Officers conducting assessment, reassessment, search, and survey proceedings; appellate authorities hearing appeals before the Commissioner (Appeals), Joint Commissioner (Appeals), and ITAT; and members dealing with revised faceless assessment and dispute resolution procedures introduced under the new Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInternational Tax Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Specialists advising on DTAA positions, non-resident taxation, transfer pricing, GAAR, CbCR, APAs, and IFSC unit taxation, all of which are significantly restructured and re-sectioned under the 2025 Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw and Commerce Students, CA\/CS\/CMA Aspirants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The primary statutory text, with its institutional cross-references and contextual annotations, serves equally as an examination resource and a foundation for professional-level understanding of the new code\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication, in its 73\u003csup\u003erd\u003c\/sup\u003e Edition | 2026, upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act 2026. The book is authored and edited by Taxmann's Editorial Board, continuing its legacy as a cornerstone in Direct Tax, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFully Annotated Statutory Text—Four-Dimension Architecture\u003c\/strong\u003e] The statutory text of every section is accompanied by four layers of structured annotation:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eRules and Forms\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Each provision is cross-referenced to the corresponding rule(s) under the Income-tax Rules 2026 and the prescribed form(s). For example, references to Rule 3 or Rule 4 alongside the relevant provision, and form references where compliance requires filing—eliminating the need to separately consult the Rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eCirculars and Notifications\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Relevant CBDT circulars and notifications are cited directly beneath the provision they qualify or clarify. Historical circulars going back to the 1970s and 1980s are retained where they remain operative, giving practitioners the complete administrative guidance landscape alongside the statutory text\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eWords and Phrases Judicially Noticed\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Terms that have acquired specific judicial meaning—such as 'accumulated profits,' 'distribution,' 'beneficially held,' 'in the ordinary course of business,' 'manufacture,' 'charitable purpose,' 'person,' and others—are flagged at the precise provision where they arise.\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAllied Laws\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Where a provision cross-references another statute—the Companies Act 2013, the Indian Partnership Act 1932, the Reserve Bank of India Act 1934, the FEMA 1999, the Bharatiya Nyaya Sanhita 2023, the IT Act 2000, and several others—the relevant allied law provision is identified in the annotation and its full text is reproduced in the Appendix to Division One. This is a significant editorial feature: the reader does not need to cross-refer to a separate volume of statutes to understand the complete legal position\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments—Incorporated\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEvery change introduced by the Finance Act 2026 is incorporated directly into the text of the relevant provision, not listed separately or flagged in a table of amendments. Where a sub-section has been substituted or a clause omitted, the amended text appears in its correct position with a footnote identifying the change, effective date (w.e.f.), and the prior text. This ensures that the reader always works with the current legal position—not an unamended base text with addenda\u003c\/li\u003e\n\u003cli\u003eRepresentative Finance Act 2026 amendments incorporated include the substitution of the definition of 'co-operative society' (\u003cem\u003eSection 2(32)) to include Multi-State Co-operative Societies, the omission of sub-clause (f) from the definition of 'dividend' (Section 2(40)\u003c\/em\u003e) relating to buybacks, and the expanded definition of 'group entity' for IFSC Finance Company purposes—all incorporated inline with the statutory text\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Layer 1961–2025 Correspondence System\u003c\/strong\u003e] The most operationally critical feature of this Edition for practitioners trained under the old Act is the three-tier cross-reference apparatus between the 1961 and 2025 Acts:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eInline Corresponding Provision\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Every section carries a 'Corresponding Provision' reference to its 1961 Act equivalent immediately after the section text. This is consistently applied throughout, even where a single 2025 provision consolidates multiple 1961 provisions (\u003cem\u003ee.g., Section 2(90) corresponds to Section 2(37A); Section 8 corresponds to Section 9B; Section 116 maps to Sections 72, 72A, and 72AB of the 1961 Act\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTable 1 | 1961 Act → 2025 Act\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A dedicated table at the front maps every section (\u003cem\u003eand key sub-sections\/clauses\u003c\/em\u003e) of the 1961 Act to the corresponding provision of the 2025 Act, with section headings for both\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTable 2 | 2025 Act → 1961 Act\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The reverse mapping, allowing practitioners beginning from the 2025 Act provision to identify its 1961 origin\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eComprehensive Table | Sub-Section and Clause Level\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The most granular layer maps every sub-section and clause of the 2025 Act to the equivalent sub-section and clause of the 1961 Act. Where a single 2025 clause corresponds to multiple 1961 provisions—as is common given the consolidation exercise—all are listed. For complex provisions such as Section 206 (MAT\/AMT) or Section 532 (power to frame schemes), the mapping runs to several pages\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFive Legislative Instruments in One Volume\u003c\/strong\u003e] The volume extends beyond the 2025 Act to include the full text of four companion legislative instruments—converting it into a complete desk reference for direct tax practice:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIncome-tax Act 2025 (as amended by Finance Act 2026)\u003c\/li\u003e\n\u003cli\u003eFinance Act 2026\u003c\/li\u003e\n\u003cli\u003eSecurities Transaction Tax\u003c\/li\u003e\n\u003cli\u003eCommodities Transaction Tax\u003c\/li\u003e\n\u003cli\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix of Allied Laws and Subject Index\u003c\/strong\u003e] The Appendix reproduces the complete text of every allied law provision cited anywhere in the 2025 Act—including relevant sections from the Companies Act 2013, the Indian Partnership Act 1932, the RBI Act 1934, the LLP Act 2008, SCRA 1956, FEMA 1999, the Bharatiya Nyaya Sanhita 2023, the Information Technology Act 2000, the PFRDA Act, and several regulatory frameworks under IRDAI and SEBI. The Subject Index provides a parallel, concept-based point of entry into the Act for practitioners who are navigating a legal question rather than a known section number.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePreliminary Comparative Tables\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eTable 1\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All sections of the Income-tax Act 1961 with their corresponding sections in the Income-tax Act 2025 (\u003cem\u003esection headings for both Acts included\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTable 2\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All sections of the Income-tax Act 2025 with their corresponding sections in the Income-tax Act 1961\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTable 3\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— A comprehensive, clause-level table mapping every section, sub-section, and clause of the 2025 Act to the corresponding provision of the 1961 Act—an indispensable tool for practitioners migrating institutional knowledge from the old regime to the new\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Income-tax Act 2025\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eArrangement of Sections\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full topical listing of all 535+ sections across 22 chapters\u003c\/li\u003e\n\u003cli\u003eComplete annotated text of the Income-tax Act 2025 as amended by the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— List of provisions of Allied Acts, Circulars, and Regulations referred to in the Act, followed by the full text of each such provision\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSubject Index\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A detailed keyword and concept index enabling rapid location of any topic within the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Finance Act 2026 (Dedicated Section)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull text of the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Securities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull statutory text of the Securities Transaction Tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Four — Commodities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Sections\u003c\/li\u003e\n\u003cli\u003eFull statutory text of the Commodities Transaction Tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Five — Foreign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Paragraphs\u003c\/li\u003e\n\u003cli\u003eFull text of the Scheme\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a five-layer navigational architecture:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 1 — Macro Cross-Reference (Front Matter)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e| Three tables occupying over 350 pages map the entire 1961–2025 Act transition at section, sub-section, and clause level. This is the primary orientation tool for a profession that has worked with the 1961 Act for six decades\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 2 — Chapter and Section Arrangement\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e| The Arrangement of Sections within Division One provides a chapter-by-chapter, sub-head-by-sub-head, section-by-section page reference across all 535+ sections and their sub-divisions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 3 — Annotated Section Text\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e| Within each section, the layout is: statutory text → 'Corresponding Provision' cross-reference → footnotes covering rules, forms, circulars, notifications, judicial vocabulary, and allied law references. Finance Act, 2026 amendments are incorporated into the body with identifying footnotes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 4 — Appendix as Self-Contained Allied Law Reference\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e| The Appendix in Division One reproduces the complete text of every allied statute provision cited in the Act—eliminating the need to consult separate volumes for definitions, procedural provisions, and regulatory frameworks drawn from dozens of other statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 5 — Subject Index as Reverse Entry Point\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e| The detailed Subject Index enables concept-driven access to the Act, complementing the section-based and table-based navigation available at the front of the volume\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45401984499735,"sku":null,"price":1956.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxAct2025-POCKET_1f5a1bcc-5160-4244-abcd-6013b992a427.png?v=1787738679"},{"product_id":"gst-law-practice","title":"GST Law \u0026 Practice","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Law \u0026amp; Practice\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—A Compendium of CGST\/IGST Acts along with Relevant Rules\/Circulars\/Notifications \u0026amp; Case Laws is a single-volume, provision-centric compendium of the Goods and Services Tax law in India. It is designed not as a bare-act reprint but as a working reference in which every operative section of the CGST and IGST Acts is read together with the delegated legislation, administrative clarifications, and judicial precedent that give it meaning. Each section is immediately followed by the relevant rules, a gist of applicable notifications and circulars, and a curated digest of case law, so that the reader can move from statute to interpretation on the same page.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 8\u003csup\u003eth\u003c\/sup\u003e Edition incorporates all amendments brought in by the Finance Act 2026 and reflects the regulatory and judicial developments up to the date of publication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is intended as a daily-use reference for professionals and institutions engaged with GST:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epractising in GST advisory, compliance, audit, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Indirect-Tax Teams of Corporates, Multinationals and PSUs\u003c\/em\u003e\u003c\/strong\u003e—GST heads, indirect-tax controllers, finance and commercial managers\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOfficers of the Central and State GST administrations, DGGI, and CBIC\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eMembers and Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Adjudicating Authorities, Appellate Authorities, the GST Appellate Tribunal, High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians, Researchers, and Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epreparing for the CA, CS, CMA, LL.B., and LL.M. examinations where GST is a core paper\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. This book is edited by CA. (Dr) Arpit Halida, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Layer Treatment Applied to Every Section\u003c\/strong\u003e] The book's defining feature is the uniform three-layer presentation given to every operative provision:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eStatutory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The annotated text of the section, with a dense footnote apparatus that traces every substitution, insertion, and omission to the specific Finance Act, Amendment Act, Removal of Difficulties Order, or notification that effected it, along with the effective date and the pre-amendment text preserved\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eRegulatory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The relevant rules from the CGST Rules 2017 are reproduced in full under the parent section, each rule carrying its own layered footnote history. A gist of applicable notifications follows, keyed to the provision\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eJudicial Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A curated digest of relevant case law is placed under the section, with ratios reported in sufficient substantive detail, citations, and explicit flagging of contrary decisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eCirculars Updated Through Late 2025\u003c\/strong\u003e] The gist of CBIC circulars runs through Circular No. 254\/11\/2025-GST, dated 27-10-2025, covering landmark recent clarifications including:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCircular 251\/08\/2025 on post-sale discounts and financial\/commercial credit notes\u003c\/li\u003e\n\u003cli\u003eCircular 253\/10\/2025 on the withdrawal of Circular No. 212\/6\/2024-GST\u003c\/li\u003e\n\u003cli\u003eCircular 252\/09\/2025 on the Document Identification Number (DIN) requirement\u003c\/li\u003e\n\u003cli\u003eCircular 250\/07\/2025 on reviewing, revisional, and appellate authorities for Common Adjudicating Authority (CAA) orders\u003c\/li\u003e\n\u003cli\u003eCircular 249\/06\/2025 on the generation and quoting of DIN on CBIC communications\u003c\/li\u003e\n\u003cli\u003eCircular 248\/05\/2025 on eligibility for Section 128A benefit where tax was paid through FORM GSTR-3B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Amendment Tracking\u003c\/strong\u003e] Every legislative change up to and including the Finance Act 2026 is integrated into the statutory text of the CGST, IGST, and UTGST Acts. The annotation format preserves the complete amendment history for each provision—the amending instrument, the effective date, and the pre-amendment text—enabling the reader to reconstruct the law as it stood on any prior date, a frequent need in assessment, audit, and litigation work involving past tax periods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Central Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe principal Division is a complete, section-wise treatment of the CGST Act 2017—Chapter I (Preliminary) through Chapter XXI (Miscellaneous)\u003c\/li\u003e\n\u003cli\u003eThe Division also provides, as continuous annexures:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eSchedules I, II, and III to the CGST Act\u003c\/li\u003e\n\u003cli\u003eRemoval of Difficulties Orders — First through Tenth Orders of 2019, together with the 2020 and 2023 Orders, reproduced in full\u003c\/li\u003e\n\u003cli\u003eText of Provisions of Allied Acts referred to in the CGST Act—including relevant extracts from the Cantonments Act 2006; the Chartered Accountants Act 1949; the Cost and Works Accountants Act 1959; the Information Technology Act 2000; the Real Estate (Regulation and Development) Act 2016; the Customs Tariff Act 1975; the Constitution of India (Article 279A); and other allied statutes referred to in definitions and operative sections\u003c\/li\u003e\n\u003cli\u003eValidation Provisions—a consolidated compilation\u003c\/li\u003e\n\u003cli\u003eSubject Index—detailed index keyed to the CGST Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Integrated Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA complete, section-wise annotated treatment of the IGST Act 2017, covering the full place-of-supply regime (\u003cem\u003edomestic and cross-border, including the special rules for online money gaming and online information services\u003c\/em\u003e), zero-rated supplies, apportionment of tax, refund of IGST on exports, and validation provisions\u003c\/li\u003e\n\u003cli\u003eThe Division follows the same three-layer structure used in Division One, with a section-wise gist of circulars and case law, including post-2024 rulings such as the Delhi High Court's judgment in Interglobe Aviation Ltd. on the constitutionality of additional duty on re-imported aircraft parts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Miscellaneous\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eUnion Territory Goods and Services Tax Act 2017—annotated section-wise\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax (Period of Levy and Collection of Cess) Rules 2022\u003c\/li\u003e\n\u003cli\u003eNational Anti-Profiteering Authority : Procedure and Methodology\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Procedure) Rules 2025—the new procedural code for institution of appeals, registry functions, cause lists, interlocutory applications, and hearings before the GSTAT Principal and State Benches, reproduced in full\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Settlement of Funds Rules 2026—notified by GSR 225(E), dated 30-3-2026, in supersession of the 2017 Rules (\u003cem\u003edeemed effective from 1 April 2025\u003c\/em\u003e), covering cross-utilisation reports, Form GST STL-1 series, apportionment of IGST, and settlement between Centre and States\u003c\/li\u003e\n\u003cli\u003eList of CGST Forms—complete catalogue of every statutory form under the CGST Rules, organised by function (\u003cem\u003eRegistration, ITC, Enrolment, Returns, GST Practitioner, Payment of Tax, Refunds, Assessment, Audit, Advance Ruling, Appeals and Revision, Transitional Provisions, Inspection and Search, Demands and Recovery, Compounding, E-Way Bill\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReference Apparatus\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eList of Notifications—consolidated table of CGST and IGST notifications with description and page reference\u003c\/li\u003e\n\u003cli\u003eList of Circulars \u0026amp; Clarifications—with subject description and precise page reference, running through Circular No. 254\/11\/2025-GST, dated 27-10-2025\u003c\/li\u003e\n\u003cli\u003eArrangement of Sections and Arrangement of Rules at the opening of each Division\u003c\/li\u003e\n\u003cli\u003eSubject Index for both the CGST and IGST Divisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into three Divisions, each self-contained with its own pagination:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— CGST Act, Rules, Circulars, Case Law, Schedules, Removal of Difficulties Orders, Allied Acts, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— IGST Act, Rules, Circulars, Case Law, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— UTGST Act, GST Cess Rules 2022, Anti-Profiteering Procedure, GSTAT Procedure Rules 2025, GST Settlement of Funds Rules 2026, CGST Forms\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConsolidated Lists of Notifications and Circulars\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eat the end serve as a master navigation table cross-referencing every notification and circular to the exact page where its gist and application are discussed within the body text\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406474797079,"sku":null,"price":2656.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTLaw_Practice.png?v=1787738185"},{"product_id":"income-tax-act-2025-pocket","title":"Income-Tax Act 2025 | POCKET","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Act 2025 – Pocket Edition\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive compact statutory reference for the Income-tax Act 2025 (ITA 2025), incorporating all amendments brought in by the Finance Act 2026. Now in its 33\u003csup\u003erd\u003c\/sup\u003e Edition, this title continues a decades-long publishing legacy of delivering the complete statutory text of India's principal direct tax legislation in a format designed for everyday professional use. At its core, the publication presents the annotated text of the ITA 2025 alongside the full text of the Finance Act 2026—giving readers a single, self-contained statutory compendium that is both authoritative in its coverage and practical in its portability.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe defining editorial contribution of this Edition is its annotation architecture: beneath each section, the reader finds cross-references to the applicable Income-tax Rules 2026 (\u003cem\u003eincluding prescribed forms\u003c\/em\u003e), relevant CBDT Circulars and Notifications, judicially noticed words and phrases, and allied statutory provisions—all marshalled in a structured, footnote-driven format. To ease the transition from the repealed Income-tax Act 1961 to the newly codified ITA 2025, corresponding provisions of the 1961 Act are cited at every point, making this Edition indispensable during the transitional period when both regimes continue to carry interpretive and precedential relevance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition is designed for readers who need the statute at arm's reach at all times:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Tax Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring an annotated, always-current version of the Act for filing, advisory, and compliance work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax and Finance Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eneeding a reliable desk reference during assessment, audit, and advance ruling proceedings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Tax Counsels\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Income Tax Authorities, CIT(A), DRP, ITAT, and High Courts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Students and CA\/CS\/CMA Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring an authoritative statutory text for examinations and academic study\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment Officers and Tax Administrators (IRS\/IRAS)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking within the new statutory framework\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal Researchers and Academicians\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003econducting comparative or doctrinal work across the 1961 and 2025 regimes\u003c\/li\u003e\n\u003cli\u003eThe pocket form factor makes it equally suitable for courtroom and chamber reference, client meetings, and field work—wherever a full-form volume would be impractical.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 33\u003csup\u003erd\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026 and edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Annotated Statutory Text\u003c\/strong\u003e] The full text of the Income-tax Act 2025, as amended by the Finance Act 2026, with no sections abridged or omitted. Every amendment enacted by the Finance Act 2026, is incorporated directly into the text of the section, with a clear footnote indicating the substitution, insertion, or omission and its effective date\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFour-Tier Annotation System\u003c\/strong\u003e] Below each section, annotations systematically cross-reference\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePrescribed Rules and Forms under the Income-tax Rules 2026\u003c\/li\u003e\n\u003cli\u003eRelevant CBDT Circulars and Notifications\u003c\/li\u003e\n\u003cli\u003eJudicially interpreted words and phrases\u003c\/li\u003e\n\u003cli\u003eAllied statutory provisions referred to within the section—making the Act not merely a bare text but a structured research anchor.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eCorresponding 1961 Act Provisions at Every Point\u003c\/strong\u003e] Given that the ITA 2025 represents a wholesale recodification rather than an amendment of the 1961 Act, practitioners must routinely cross-refer. This Edition places the corresponding section number(s) of the Income-tax Act 1961 in square brackets immediately alongside each section heading, eliminating the need for a separate concordance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eText of Finance Act 2026 in Full\u003c\/strong\u003e] Division Two reproduces the complete Finance Act 2026, including the First Schedule (\u003cem\u003erate structure\u003c\/em\u003e) covering all taxpayer categories—individuals (\u003cem\u003egeneral, senior citizens, super senior citizens\u003c\/em\u003e), Hindu Undivided Families, firms, co-operative societies, domestic companies, and foreign companies—as well as surcharge and Health and Education Cess provisions applicable for Tax Year 2026–27\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix—Allied Acts, Circulars, and Regulations\u003c\/strong\u003e] The Appendix first lists all allied enactments and regulatory instruments cross-referenced within the ITA 2025, then reproduces the precise provisions (\u003cem\u003esections, clauses, or regulations\u003c\/em\u003e) of those instruments that are referenced. This spans legislation including the Securities Contracts (Regulation) Act 1956; the Sick Industrial Companies Act 1985 (\u003cem\u003eas repealed\u003c\/em\u003e); SEBI Regulations; and other statutes, making the volume self-sufficient for most statutory look-ups\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Subject Index\u003c\/strong\u003e] A granular subject index spanning the entire Volume 1 content (\u003cem\u003eITA 2025 and Appendix\u003c\/em\u003e) enables rapid location of specific topics, provisions, and concepts without requiring knowledge of the section number\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePocket Format Without Compromise on Coverage\u003c\/strong\u003e] Despite its compact dimensions, the Edition makes no sacrifice in statutory completeness. All 500+ sections of the ITA 2025, spanning 16 chapters, are reproduced in full with their sub-sections, provisos, explanations, and schedules intact\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe volume is organised into two Divisions:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision One — Income-tax Act 2025\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003eCovers the complete annotated text of the ITA 2025 across all 16 Chapters, including Preliminary and Definitions; Basis of Charge and Residence; Exempt Incomes; Computation of Total Income across all five heads (\u003cem\u003eSalaries, House Property, Business or Profession, Capital Gains, and Other Sources\u003c\/em\u003e); special regimes for Venture Capital Undertakings, Business Trusts, Investment Funds, and the Tonnage Tax Scheme for shipping companies; Tax Administration (\u003cem\u003eauthorities, jurisdiction, search and seizure, survey, Faceless proceedings\u003c\/em\u003e); Return of Income (\u003cem\u003ePAN, filing, self-assessment, updated return\u003c\/em\u003e); and Assessment Procedure (\u003cem\u003eregular, best judgment, Faceless Assessment, DRP, escaped income\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eThe Division also includes an Arrangement of Sections, an Appendix reproducing allied statutory provisions and CBDT instruments referenced in the Act, and a Subject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDivision Two — Finance Act, 2026\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003eThe complete text of the Finance Act 2026, covering income-tax rates for Tax Year 2026–27 across all taxpayer categories (\u003cem\u003eindividuals, HUFs, firms, co-operatives, domestic and foreign companies\u003c\/em\u003e) under both the ITA 2025 and the ITA 1961, along with applicable surcharge slabs and the Health and Education Cess at 4%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe editorial architecture of the volume is built around three layers:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 1 | Statutory Text\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e—\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eEach section reproduces the verbatim legislative text of the ITA 2025 as amended, with all sub-sections, clauses, provisos, and explanations. Amendments made by the Finance Act 2026 are incorporated directly into the text and identified in footnotes with the phrase 'Substituted\/Inserted\/Omitted by the Finance Act, 2026, w.e.f. [date]'\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 2 | Section-Level Annotations (Footnotes)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e—\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eBelow each section (\u003cem\u003eor within the text at superscripted reference points\u003c\/em\u003e), annotations provide:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRule and Form references under the Income-tax Rules 2026\u003c\/li\u003e\n\u003cli\u003eCircular references\u003c\/li\u003e\n\u003cli\u003eWords and phrases judicially interpreted\u003c\/li\u003e\n\u003cli\u003eCross-references to the corresponding section of the Income-tax Act, 1961 (\u003cem\u003eshown in square brackets in section headings\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLayer 3 | Appendix and Index\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The Appendix provides two components:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA consolidated list of all allied statutes and regulatory instruments cited anywhere in the ITA 2025\u003c\/li\u003e\n\u003cli\u003eThe verbatim text of the cited provisions makes the volume self-sufficient for resolving cross-statutory references without recourse to separate bare acts. The Subject Index provides a topical gateway into the volume\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406488330263,"sku":null,"price":626.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxAct2025-POCKET.png?v=1787738110"},{"product_id":"gst-ready-reckoner","title":"GST Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e by V.S. Datey is India's most trusted and comprehensive single-volume reference on the Goods and Services Tax regime—now in its 29\u003csup\u003eth\u003c\/sup\u003e Edition, fully updated to incorporate all amendments made by the Finance Act 2026. The book covers every dimension of the tax: conceptual foundations, charging provisions, sector-specific compliance, administrative procedures, enforcement, and the full appeals hierarchy.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe distinguishing character of this work is that it is simultaneously legislative and practical. The author does not merely restate statute, he explains it, critiques it where it is absurd or anomalous, traces its evolution, and anchors it in the reality of how it is applied in trade and litigation. The Finance Act 2026 changes, including the overhaul of the GST rate structure w.e.f. 22-9-2025 from the earlier Nil\/5%\/12%\/18%\/28% slabs to a rationalised Nil\/5%\/18%\/40% structure, the abolition of GST Compensation Cess w.e.f. 1-2-2026, major amendments to post-sale discount provisions, the 90% provisional refund on inverted duty structure, refund of IGST on exports below ₹1,000, and the correction of the anomalous place of supply rule for intermediary services of export and import, are all incorporated into the text and explained with full statutory context.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis title is designed for every professional who works with GST law in any capacity—advisory, compliance, litigation, audit, or academic:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Tax Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho need a single definitive source for GST compliance, structuring advice, and opinion work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Litigators\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003ewho appear before GST authorities, the Appellate Tribunal, High Courts, and the Supreme Court and need rapid access to the applicable provision and the author's assessment of how it works\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries and In-House Finance and Legal Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for day-to-day GST compliance, return filing, ITC reconciliation, and refund applications\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGST Departmental Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho need a clear exposition of the law they administer\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFaculty and Students of CA, CMA, CS, LLB, B.Com, and MBA\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eprogrammes where indirect taxation is a core subject\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndustry Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein sectors with complex GST treatment—real estate, construction, financial services, telecom, software, logistics, and manufacturing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 29\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | April 2026, amended by the Finance Act 2026. It is authored by Mr V.S. Datey, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Finance Act 2026 Integration\u003c\/strong\u003e] Every amendment is explained in its practical context, identifying the pre-amendment position, the anomaly it created, what the amendment does, and its commercial and compliance implications. This is analytical commentary on the 2026 changes, not mere compilation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Rate Structure Overhaul—Gen 2 Reforms\u003c\/strong\u003e] The rationalisation of rates w.e.f. 22-9-2025 (\u003cem\u003eNil\/5%\/18%\/40% replacing the earlier five-slab structure\u003c\/em\u003e), abolition of GST Compensation Cess across all products from 1-2-2026, and the new tobacco-specific provisions under Chapter 53 are fully incorporated and explained throughout\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePara-Based Section Index\u003c\/strong\u003e] Every provision of the CGST Act, IGST Act, CGST\/SGST Rules, and relevant Constitutional Articles is mapped to a specific paragraph number within the book, enabling direct navigation from any statutory section or rule to the author's discussion, and vice versa\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Acronyms Glossary\u003c\/strong\u003e] The volume opens with a comprehensive glossary covering the full vocabulary of GST administration—AAR, AAAR, GSTIN, GSTN, ISD, ITC, QRMP, TCS, TDS, UIN, UTGST, and more—for immediate orientation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthor Commentary\u003c\/strong\u003e] The author identifies statutory anomalies, critiques illogical outcomes, and explains practical trade realities without hedging—for example, describing the pre-Finance Act 2026 intermediary place of supply rule as an anomaly that taxed Indian commission agents earning foreign exchange while exempting foreign agents receiving Indian Rupees, 'continuing for over nine years, finally rectified—better late than never.' CBI\u0026amp;C FAQ enforceability and e-way bill misuse are addressed with equal directness\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIntegrated Judicial Citations\u003c\/strong\u003e] AAR, AAAR, High Court, and Supreme Court decisions are cited by name, citation reference, and forum directly within the analytical text—reflecting the litigation reality of each provision rather than relegating case law to isolated tables\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eEight Years of Accumulated Jurisprudence\u003c\/strong\u003e] The 29\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eEdition reflects not just the statute as it reads today but the practical way in which it has been administered, litigated, and clarified since 1-7-2017, incorporating eight years of Council decisions, CBI\u0026amp;C circulars, AAR and AAAR rulings, and High Court judgments. Provisions that have been amended, challenged, partially corrected, and amended again are explained in their full evolution, giving practitioners the context to handle disputes on pre-amendment periods alongside current compliance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSector-Specific Depth Across 15+ Dedicated Chapters\u003c\/strong\u003e] Independent chapters cover industries and transaction types that generate disproportionate GST complexity, including real estate, construction, financial services, telecom, software, transport, e-commerce, and job work, each addressed as a self-contained reference for that sector\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe following subject areas, specified for this edition, are covered as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCharge of Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull charging framework under CGST, IGST, SGST, and UTGST—dual GST structure, constitutional basis (\u003cem\u003eArticles 246A and 269A\u003c\/em\u003e), charging section mechanics, and the special position of petroleum products and alcohol\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification of Goods and Services\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eHSN-based classification for goods, SAC-based for services, classification principles, and rate consequences, integrated with sector-specific classification guidance across transport, telecom, software, financial services, and real estate chapters\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eComposition Scheme\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEligibility thresholds, restricted supply categories, flat-rate tax payment, ITC restrictions, and the QRMP scheme for taxpayers with turnover below ₹5 crores, covered in Chapter 21 and cross-referenced in Chapter 40 (\u003cem\u003eReturns\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExemptions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAbsolute and conditional exemptions by notification, mandatory nature of exemption, and sector-specific entries, including pure labour contract exemptions for single residential units, Housing for All\/PMAY constructions, and government-supplied services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePlace and Time of Supply\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDomestic and cross-border place of supply rules, time of supply for goods and services, and full analysis of the Finance Act 2026 correction to the intermediary services place of supply rule (\u003cem\u003eeffective 30-3-2026\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValuation of Supply\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransaction value under Section 15, inclusions and exclusions, the Finance Act 2026 post-sale discount amendment (cre\u003cem\u003edit note alone now sufficient, pre-agreement and invoice linkage no longer required\u003c\/em\u003e), related party and agent valuation rules, cost-plus basis, and the residual method\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eConditions for taking ITC, blocked credits under Section 17(5), including the Finance Act 2025 retrospective amendment replacing 'or' with 'and' in Section 17(5)(d) w.e.f. 1-7-2017, GSTR-2B linkage requirement, proportionate reversal for mixed supplies, and the Input Service Distributor framework, with integrated AAR\/AAAR decisions on construction, renovation, and works contract ITC\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRegistration\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThreshold limits, mandatory registration categories, Aadhaar authentication (\u003cem\u003eRules 8(4A) and 10B\u003c\/em\u003e), physical verification, multiple registrations, non-resident and OIDAR registrations, amendment, cancellation, suspension, revocation, and Unique Identity Numbers for foreign embassies and UN Agencies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTax Invoice, Credit and Debit Notes\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMandatory invoice contents, e-invoicing framework, invoices marked 'INPUT TAX CREDIT NOT ADMISSIBLE' post-fraud\/suppression, and the post-Finance Act 2026 position on credit notes for post-sale discounts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eE-Way Bill\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRules 138–138D, threshold values, exemptions, CBI\u0026amp;C FAQs, April 2019 system changes, Rule 138E restriction on EWB generation for return non-filers and suspended registrations, and a frank assessment of misuse for transporter harassment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Returns\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAll return forms covered—GSTR-1, GSTR-2A, GSTR-2B, GSTR-3B, GSTR-4, GSTR-5, GSTR-6, GSTR-7, GSTR-8, GSTR-9, GSTR-9B, GSTR-9C, and final return—with QRMP scheme, IFF, sequential filing restriction, and late fee structure\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Audit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDepartmental audit, special audit, scrutiny of returns, provisional assessment, and best judgment and summary assessment procedures\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eJob Work\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eGST classification framework for manufacturing services on goods owned by others, tax treatment of inputs and capital goods sent for job work, conditions for nil-GST movement, and compliance obligations of principal and job worker\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReverse Charge\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNotified goods and services under Section 9(3)\/5(3), receipt from unregistered suppliers under Section 9(4)\/5(4), e-commerce operator liability under Section 9(5), and procedural compliance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTCS and TDS\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTCS obligations of e-commerce operators (\u003cem\u003eSection 52, GSTR-8\u003c\/em\u003e), TDS obligations of notified government and PSU recipients (Se\u003cem\u003ection 51, GSTR-7\u003c\/em\u003e), and credit mechanics for both\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRefunds, Demands and Recovery\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete refund framework, exports (\u003cem\u003ewith and without IGST payment\u003c\/em\u003e), inverted duty structure (\u003cem\u003eincluding Finance Act 2026 amendment enabling 90% provisional refund\u003c\/em\u003e), SEZ supplies, excess payment, unjust enrichment doctrine, and Consumer Welfare Fund. Demand procedures under Sections 73, 74, and the revamped Section 74A (\u003cem\u003ew.e.f. 1-11-2024\u003c\/em\u003e), provisional attachment, and liability of directors, partners, liquidators, and associated persons\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOffences and Penalties\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePenalty provisions, prosecution thresholds, compounding of offences, and the interplay between civil penalties and criminal prosecution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAppeals\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete appeals ladder—first appeal (\u003cem\u003eSection 107\u003c\/em\u003e) with pre-deposit requirements, revision (\u003cem\u003eSection 108\u003c\/em\u003e), Appellate Tribunal (\u003cem\u003econstitution, powers, procedure, Finance Act 2026 National Appellate Authority amendment\u003c\/em\u003e), High Court (\u003cem\u003eSection 117\u003c\/em\u003e), and Supreme Court (\u003cem\u003eSection 118\u003c\/em\u003e), with prosecution and compounding covered separately in Chapter 49\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Provisions for Tobacco Products\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNew Central Excise duty structure w.e.f. 1-2-2026 (\u003cem\u003etariff rate enhanced to ~70%\u003c\/em\u003e), capacity-based excise on chewing tobacco, Jarda scented tobacco and Gutkha under Section 3A, track-and-trace obligations under Section 148A, and the 40% GST rate, all arising from the abolition of GST Compensation Cess w.e.f. 1-2-2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe fundamental unit of the text is the numbered paragraph. Every chapter is divided into hierarchically numbered sub-paragraphs and every sub-paragraph is individually cross-referenced in the Section Index to its governing statutory provision—creating a bidirectional link between the statute and the commentary. The book offers three independent access points into the text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTable of Contents\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Chapter-level orientation across 55 chapters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSection Index\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Provision-level look-up mapping every section of the CGST Act, IGST Act, CGST\/SGST Rules, and relevant Constitutional Articles to the corresponding paragraph in the body\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSubject Index\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Keyword-based search at the back of the volume\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406521786391,"sku":null,"price":2065.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTReadyReckoner.png?v=1787738049"},{"product_id":"gst-mini-ready-reckoner","title":"GST Mini Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Mini Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner-grade, single-volume desk reference on Goods and Services Tax, fully updated to incorporate all amendments introduced through the Finance Act, 2026. The objective of the book is to enable even a layperson to understand the complexities of GST law and to serve as a concise yet authoritative daily reference for professionals. The book does not pursue an exhaustive textbook-level treatment; it is structured as a reckoner—a tool for rapid, reliable resolution of compliance queries and conceptual doubts, without the need to consult the bare statute independently.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eEvery chapter explains the law through a combination of statutory text, worked numerical examples, clarificatory notes, embedded diagrams, and flow charts. The writing is deliberately plain and accessible without sacrificing legal precision. The authors anchor every significant provision to the relevant CGST Act section, IGST Act section, CGST Rules, or CBIC notifications, ensuring full cross-referencing for the practitioner who wishes to verify the source authority.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book serves four distinct readership segments, often simultaneously:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractising Chartered Accountants and Tax Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The primary audience. The book functions as a daily desk tool for resolving client queries, verifying return-filing positions, understanding ITC eligibility, managing registration, and navigating demands and assessments without consulting the full statute\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFinance and Compliance Teams in Business\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — CFOs, tax managers, and accounts teams in GST-registered businesses can use this as an accessible compliance guide for day-to-day operations—from e-way bill generation and e-invoicing to payment of tax and audit readiness\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGST Consultants and Indirect Tax Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The compliance calendar, amendment tracker, and chapter-level section-by-section coverage make this a compact substitute for maintaining separate files of circulars, notifications, and statutory extracts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Beginners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Commerce graduates, law students, and candidates preparing for the CA, CMA, or CS examinations will find the simplified language, illustrated examples, and FAQ format particularly effective for building conceptual clarity from the ground up\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 6\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition, amended by Finance Act 2026. It is authored by CA. Akhil Singla and Adv. Pavan Kumar Gaur, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Amendments—with Analytical Commentary\u003c\/strong\u003e] Every amendment is presented in a four-part format:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEarlier Position → Amendment Now → Our Comment → Key Effect\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGST Compliance Calendar for FY 2026–27\u003c\/strong\u003e] An exhaustive, form-wise and taxpayer-category-wise calendar covering all four tiers—Annual, Half-Yearly, Quarterly, and Monthly—across every GSTR form, taxpayer type (\u003cem\u003eregular, QRMP, composition, NRTP, ISD, TDS\/TCS, OIDAR, UIN\u003c\/em\u003e), and state-wise groupings where applicable under the QRMP scheme\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDiagrammatic Chapter Openers\u003c\/strong\u003e] Every chapter begins with a flowchart or diagram that maps the legal structure, followed by a prose explanation. Chapter 1, for instance, opens with a diagram that bifurcates the levy into forward charge, reverse charge, and e-commerce operator—each linked to its governing section under the CGST, IGST, and UTGST Acts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIntegrated Numerical Examples\u003c\/strong\u003e] Examples are embedded at the precise point where each concept is introduced. They cover practice scenarios such as CGST, SGST vs. IGST applicability, RCM liability identification, and ITC reversal computation, with complete numerical solutions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNotes-Based Statutory Cross-Referencing\u003c\/strong\u003e] Key provisions are supplemented with numbered Notes flagging excluded goods, definitional nuances, and linked rules—ensuring the practitioner has the complete statutory picture at a single point without needing to cross-consult the bare act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-Level Heading Cross-References\u003c\/strong\u003e] Every chapter heading cites its governing statutory provision, making the book a navigational index to the CGST\/IGST Acts in addition to a compliance guide. Rule cross-references include effective dates for recent amendments (e\u003cem\u003e.g., ISD framework under amended Rule 39 w.e.f. 01-04-2025; Rule 88C w.e.f. 26.12.2022; Rule 88D w.e.f. 04.08.2023\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGST Amnesty Scheme 2023—Tabular Reference\u003c\/strong\u003e] Covered via a structured table mapping CBIC notifications (\u003cem\u003eNos. 02–08\/2023 and extensions 22–26\/2023\u003c\/em\u003e), eligible forms and taxpayer categories, amnesty benefits (\u003cem\u003ereduced late fee capped at ₹500 per return; nil returns with no late fee\u003c\/em\u003e), and applicable deadlines extended to 31.08.2023\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCOVID-19 Compliance Relief Measures\u003c\/strong\u003e] A dedicated section documents IGST exemptions on medical goods (\u003cem\u003eoxygen concentrators, COVID-19 vaccines, Amphotericin B\u003c\/em\u003e) and deadline extensions from the 2020–2022 period—retained for relevance to open assessments and legacy litigations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGranular Contents Index\u003c\/strong\u003e] The Contents section lists every sub-topic at the decimal-numbered level with individual page references, enabling a practitioner to locate any specific provision directly without sequential reading\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — Levy and Collection on Supply\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCharging provisions under Section 9 (CGST) and Section 5 (IGST). Covers forward charge, reverse charge on goods and services (\u003cem\u003eSections 9(3) and 9(4)\u003c\/em\u003e), e-commerce operator levy under Section 9(5), supply definition under Section 7, and Schedules I, II, and III. Notification-linked RCM tables with worked examples throughout\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — Nature of Supply\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInter-state vs intra-state supply under the IGST Act; composite vs mixed supply with practical examples; boundary-case clarifications. Cross-references to Schedules I and II\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — Time and Value of Supply\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTime of supply rules for goods (\u003cem\u003eSection 12\u003c\/em\u003e) and services (\u003cem\u003eSection 13\u003c\/em\u003e)—covering continuous supply, advances, and RCM timing. Valuation under Section 15, including transaction value, related-party adjustments, Rules 27–35, and pure agent treatment\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — Input Tax Credit\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe book's most detailed chapter. Covers eligibility under Section 16, blocked credits under Section 17(5), proportional reversal under Rules 42 and 43, GSTR-2B reconciliation, job work ITC under Section 19\/Rule 45, and the new ISD distribution framework under amended Rule 39 (\u003cem\u003ew.e.f. 01-04-2025\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — GST Registration and Types of Taxpayers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003e13 sub-topics spanning liable and exempt persons, compulsory registration, practical application aspects, GSTIN display, suo motu registration, cancellation and revocation, and a complete taxonomy of all registered person categories—regular, composition, casual, NRTP, ISD, TDS\/TCS, UIN, and OIDAR\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — Composition Scheme\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003e19 sub-topics covering threshold limits, applicable rates, eligibility conditions, the presumptive composition scheme (\u003cem\u003ew.e.f. 1-4-2019\u003c\/em\u003e), CMP-02 registration, billing procedure, GSTR-4 obligations, merits\/demerits, penalty under Section 10(5), withdrawal procedure, and a comparison table of regular taxpayer vs. composition dealer\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — Tax Invoice, Credit and Debit Notes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003e16 sub-topics: tax invoice requirements, issuance time limits, mandatory particulars, export invoice, HSN\/SAC codes, Bill of Supply, revised invoice, receipt\/refund\/payment vouchers, transporter invoice, credit and debit note mechanics under Section 34, and e-invoicing with QR Code and IRP process\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — E-Way Bill\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEnd-to-end coverage under Section 68 and Rule 138: generation obligations, Part A and Part B requirements, roles of consignor\/consignee\/transporter, validity and extension, exemptions, interception, detention, and blocking provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — Accounts and Records\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStatutory maintenance obligations under Section 35 by taxpayer category; general and specific record-keeping provisions; retention period of 72 months from the due date of filing the annual return for the relevant year\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — GST Returns\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eComplete return matrix with due dates across all GSTR forms; late fee structure; filing restrictions for defaulters; post-COVID due date and fee updates; and the QRMP Scheme (\u003cem\u003eeffective 1\u003csup\u003est\u003c\/sup\u003e January 2021\u003c\/em\u003e), including IFF, PMT-06, and state-wise groupings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Payment of Tax and Other Dues\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003e16 sub-topics with section-level precision across Sections 49, 49A, 49B, 50, 51, 52, 53, and 53A; Rules 85, 86, 86A, 87, 88A, 88C (\u003cem\u003eGSTR-1 vs. GSTR-3B difference handling w.e.f. 26.12.2022\u003c\/em\u003e), and 88D (\u003cem\u003eGSTR-2B vs. return ITC difference w.e.f. 04.08.2023\u003c\/em\u003e); with a worked GST payment computation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Zero Rated Supply and Refund\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSection 16 IGST Act (\u003cem\u003ezero-rated supply\u003c\/em\u003e) and Section 54 CGST Act (\u003cem\u003erefund\u003c\/em\u003e). Covers exports, SEZ supplies, LUT\/bond mechanism, IGST refund on exports, unutilised ITC refund, inverted duty structure refund (\u003cem\u003enow also available as provisional refund post Finance Act 2026\u003c\/em\u003e), refund to embassies\/UIN holders, documentary requirements, and unjust enrichment\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 13 — Assessment and Audit\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFive types of assessment (self, provisional, scrutiny, best-judgement under Sections 62 and 63, summary under Section 64); departmental audit under Section 65; special audit under Section 66; notice requirements, time limits, documents to be verified, registered person's duties, and post-audit officer actions. Notes that GST audit by CA\/CMA has been removed by amendment.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 14 — Offences and Penalties\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSection 122 (\u003cem\u003e21 specified offences—tabulated penalty quantum\u003c\/em\u003e); Sections 123–126 (\u003cem\u003einformation return, statistics, residuary penalties, and natural justice principles\u003c\/em\u003e); Section 129 (\u003cem\u003edetention and seizure in transit—tabulated amounts\u003c\/em\u003e); Section 130 (\u003cem\u003econfiscation\u003c\/em\u003e); Section 132 (\u003cem\u003ecriminal prosecution with imprisonment thresholds by tax evasion quantum\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 15 — Demands and Recovery\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTen sub-topics anchored section-by-section: Section 73 (\u003cem\u003enon-fraud demand—up to FY 2023-24, SCN timelines, reduced penalty for early payment\u003c\/em\u003e); Section 74 (\u003cem\u003efraud\/suppression—up to FY 2023-24, higher penalty\u003c\/em\u003e); Section 75 (\u003cem\u003egeneral determination provisions\u003c\/em\u003e); Section 76 (\u003cem\u003etax collected but not remitted\u003c\/em\u003e); Section 77 (\u003cem\u003ewrong-head payment and cross-utilisation remedy\u003c\/em\u003e); Section 78 (\u003cem\u003erecovery initiation\u003c\/em\u003e); Section 79 (\u003cem\u003erecovery modes—deduction, sale, detention\u003c\/em\u003e); Section 80 (\u003cem\u003einstalment facility\u003c\/em\u003e); Section 81 (\u003cem\u003evoid property transfers\u003c\/em\u003e); Section 82 (\u003cem\u003etax as first charge on property\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book operates on a three-layer architecture:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 1 | Pre-Chapter Orientation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Before a single substantive provision appears, the reader is equipped with: a current-year compliance calendar (\u003cem\u003efully form-wise and taxpayer-category-wise for FY 2026–27\u003c\/em\u003e); a Finance Act 2026 amendment tracker with analytical commentary per amendment; an amnesty scheme reference table; a COVID-19 relief measure summary; and a granular chapter-level contents index with sub-section-level page references. A practitioner can open the book to the compliance calendar on any date and immediately identify pending filing obligations without reading a single substantive chapter\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 2 | Substantive Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each chapter follows an internal structure: opening diagram or flow chart → statutory framework with section references → concept-by-concept explanation with embedded examples → clarificatory notes → FAQ sections on boundary cases. Sub-sections are numbered with decimal notation (\u003cem\u003e1.1, 1.2, 1.2.1, 1.2.2, etc.\u003c\/em\u003e) mirroring the detailed contents page, enabling rapid in-chapter navigation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 3 | Integrated Analytical Aids\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Rather than relegating commentary to appendices, analytical elements—authorial comments on legislative intent, comparison tables (\u003cem\u003eregular taxpayer vs. composition dealer, forward charge vs. reverse charge, GSTR-1 vs. GSTR-3B difference handling\u003c\/em\u003e), and worked numerical solutions—are embedded directly within the relevant section. This design means a practitioner consulting any single provision receives the statutory text, a worked example, an authorial comment on practical implications, and a cross-reference to the governing rule—in a single page range\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406533484567,"sku":null,"price":696.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTMiniReadyReckoner.png?v=1787737985"},{"product_id":"gst-input-tax-credit","title":"GST Input Tax Credit","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Input Tax Credit\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e by V.S. Datey is the most granular, practice-oriented single-subject treatise available on the Input Tax Credit regime under India's Goods and Services Tax law. Now in its 16\u003csup\u003eth\u003c\/sup\u003e Edition, this title has been updated annually since the inception of GST and has established itself as the authoritative practitioner reference on a subject that is simultaneously the core economic mechanism of GST—the instrument through which its non-cascading, value-added character is realised—and the single greatest source of compliance disputes, departmental litigation, and blocked cash flow across the Indian business ecosystem.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is built on the premise that ITC law cannot be understood or applied through statutory text alone. It integrates the CGST Act, IGST Act, CGST Rules, 2017, CBI\u0026amp;C circulars, departmental clarifications, Advance Ruling Authority decisions, CESTAT precedents, and High Court and Supreme Court judgments into a unified, topic-wise treatment that reflects the operational complexity of ITC compliance as it is actually experienced by practitioners and businesses. Where the law is unsettled or contested, or where advance rulings have produced conflicting outcomes across states, the book identifies those conflicts and offers the author's own calibrated assessment of the defensible position—a dimension that distinguishes it from a bare commentary.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is an advanced practitioner text, not an introductory guide to GST. The reader is assumed to have working knowledge of GST law and its procedural architecture. Specifically, this book is suited for:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals and Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Chartered Accountants, Cost Accountants, and Company Secretaries engaged in GST advisory, compliance, audit, and litigation who need authoritative, granular analysis of ITC eligibility, reversal mechanics, blocked credit positions, and refund procedures\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGST Litigators and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Legal practitioners handling ITC disputes, show cause notices, appeals before the GST Appellate Authority, GST Appellate Tribunal, and High Courts. The book's deep integration of case law—including decisions under the pre-GST CENVAT regime cited where principle remains applicable—makes it directly useful for constructing and defending positions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFinance and Indirect Tax Heads in Business\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e— Senior executives in manufacturing, trading, export-oriented units, real estate, infrastructure, banking, and services who need to operationalise ITC optimisation strategies, manage GSTR-2B reconciliation, and handle departmental audits\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eExporters and Merchant Exporters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Businesses engaged in zero-rated supply, LUT execution, IGST refund on exports, accumulated ITC refund, and inverted duty structure situations. The book's Chapter 8 (\u003cem\u003eExports and Imports\u003c\/em\u003e) and the refund provisions in Chapter 9 are particularly detailed for this audience\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBanks, NBFCs, and Financial Institutions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Entities governed by the special proportionate credit rule under Rule 38 (\u003cem\u003e50% ITC option\u003c\/em\u003e), which is addressed in a dedicated section covering the procedure for credit claim and the specific calculation methodology applicable to this sector\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eReal Estate Developers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The proportionate ITC calculation for residential real estate projects (RREP) versus other real estate projects—including the distinct calculation under Rules 42 and 43 as applicable to incomplete contracts and mixed-use projects—is covered with full clarity on the mandatory reversals and year-end adjustments specific to this sector\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompanies with Multi-State Operations\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The mandatory Input Service Distributor framework, operational from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025, requires businesses with branches across states to register as ISDs and distribute common input service credits through a defined mechanism. This book is the most comprehensive current reference for implementing ISD compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Authorities and Quasi-Judicial Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Officers adjudicating ITC-related demands, processing refund claims, and deciding show cause notices will find the statutory provisions, rules, and procedural framework assembled at one place\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 16\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. This book is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Fully Integrated\u003c\/strong\u003e] All amendments are woven into the substantive discussion at the point of relevance, with the author's commentary on whether each change is in force or pending notification—including post-sale discount liberalisation, 90% provisional refund for inverted duty structure, IGST refund below ₹1,000 for small exporters, and the intermediary place-of-supply correction after nine years\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMandatory ISD—Both Regimes Covered\u003c\/strong\u003e] The transition from optional to mandatory ISD from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025 is addressed in two distinct sections, enabling practitioners to advise on legacy cross-charge positions and current compliance in parallel\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection 17(5)—Exhaustive with Conflicting Rulings Assessed\u003c\/strong\u003e] Every blocked credit category is analysed with precision. Where AAR and AAAR decisions across states conflict—as is frequent—the book identifies the disagreement and flags the more defensible position rather than leaving the reader to reconcile conflicting rulings independently\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthor's Own Views—Clearly Flagged\u003c\/strong\u003e] V.S. Datey consistently identifies interpretive positions that are his own—including where he disagrees with advance rulings, departmental practice, or anomalous drafting. This practitioner candour is rare in reference texts and directly useful in contested matters\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBI\u0026amp;C Circulars—Embedded\u003c\/strong\u003e] Circular clarifications appear at the precise sub-section they govern, making the book usable as a standing desk reference without parallel access to a circular repository.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Law—Selectively and Critically Applied\u003c\/strong\u003e] Landmark decisions—Thirumalakonda Plywoods, Landmark Cars East, Troikaa Pharmaceuticals, CMS Info Systems—are referenced where they actually drive the legal position, not cited for volume. Pre-GST CESTAT precedents are included where the principle survives into the GST regime\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eITC Flow Diagram\u003c\/strong\u003e] A clear diagram mapping credit flow from imports, inter-state, and intra-state procurement through to IGST, CGST, and SGST\/UTGST utilisation—including the mandatory utilisation sequence—anchors the statutory discussion with a visual reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eRefund Forms and Timelines—Operationally Complete\u003c\/strong\u003e] Every refund category is covered with the applicable formula, GST RFD form reference, timeline, and post-adjudication procedure, including PFMS bank account validation mechanics and interest computation on delayed refunds\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 1 — GST | An Overview\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe structural foundation—dual GST model, destination-based consumption character, rates, GSTN's role (\u003cem\u003ewith the author's candid observation on its high-handed functioning\u003c\/em\u003e), and all Finance Act 2026 changes, including the Compensation Cess abolition from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 2 — Highlights of GST Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe operational GST framework—taxability, reverse charge tables, time and place of supply, value, composition scheme, registration, invoicing, e-way bill, returns architecture, and a panoramic overview of ITC, refunds, demands, and appeals. Sets the compliance context for the ITC-specific analysis that follows\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 2A — VAT Concept and Its Application in GST\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe intellectual origins of ITC—the cascading tax problem, the meaning of 'value added', zero-rated versus exempt, and a revenue-neutral rate. Explains why ITC is structured the way it is before the statutory mechanics are engaged\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 3 — Input Tax Credit (ITC)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe core of the book. Statutory definition of input tax across CGST, SGST, IGST, UTGST, and reverse charge variants; conditions under Section 16(2); GSTR-2B-based availment; the November time limit and its validity jurisprudence; ITC during registration cancellation and revocation under Sections 16(5) and 16(6); 180-day reversal under Rule 37; process losses; instant credit; and an exhaustive treatment of blocked credit under Section 17(5) with case law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 4 — ITC: Other Issues\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCapital goods ITC—the depreciation bar, pipeline and telecom tower ineligibility, and removal calculations. Transfer of ITC on merger, demerger, amalgamation, and business transfer. ITC at first registration on opening stock. ITC on exit from the composition scheme or when the exemption is withdrawn. Reversal on cancellation of registration. Recovery of wrongly-taken credit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 5 — ITC When Exempted as Well as Taxable Supplies Are Made\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eProportionate credit under Rules 42 and 43—the proration formula, exempt supply value calculation, year-end reconciliation. Special 50% regime for banks, FIs, and NBFCs. Distinct calculation methodology for Residential Real Estate Projects (RREP) versus other real estate projects, including the commercial portion formula and multi-project input assignment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 6 — Input Service Distributor (ISD)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMandatory ISD framework from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025—registration, distribution procedure under new Rule 39, pro-rata allocation, IGST and CGST\/SGST distribution across the same-state and different-state branches, ISD invoice and credit note, recovery of excess distributed credit. The pre-April 2025 optional regime and why the cross-charge flexibility no longer applies. Employee services remain outside ISD even post-April 2025\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 7 — Utilisation of ITC for Payment of Output Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eElectronic ledger architecture (\u003cem\u003eECL, ECRL, ELR\u003c\/em\u003e). The mandatory ITC utilisation sequence under Section 49. GSTR-2B matching restrictions. Departmental blocking under Rule 86A—conditions, judicial scrutiny, and restoration. The 1% mandatory cash payment requirement. Unutilised ITC at year end. Interest on delayed payment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 8 — Exports and Imports\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eZero-rated versus exempt supply—the critical distinction for ITC entitlement. Export under LUT\/bond, the merchant exporter 0.1% IGST chain, IGST refund on exports (shi\u003cem\u003epping bill as deemed application, value mismatch treatment, export proceeds realisation condition\u003c\/em\u003e), export of services, Nepal\/Bhutan, deemed exports, FTP 2023 scrips, duty-free airport shops. Import of goods—IGST computation post-Cess abolition, bill of entry as ITC document, high seas sales, bonded warehouse sales, third-country shipments, import of services under reverse charge, and associated exemptions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 9 — Refund in GST\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe most operationally detailed chapter. Covers every refund category—IGST on exports, unutilised ITC on zero-rated supplies (\u003cem\u003eRule 89(4) formula\u003c\/em\u003e), inverted duty structure (\u003cem\u003eRule 89(5) formula\u003c\/em\u003e), deemed exports, SEZ supplies, intra\/inter-state reclassification, TDS\/TCS excess, UN\/embassy refunds, Canteen Stores Department—with applicable forms, timelines, provisional refund mechanics, deficiency memo procedures, SCN adjudication, PFMS disbursement, adjustment against outstanding demand, interest on delayed refunds, and the doctrine of unjust enrichment including practical precautions for refund claimants\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePedagogical Sequence\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Opens with the GST framework and conceptual foundation (\u003cem\u003eCh. 1, 2, 2A\u003c\/em\u003e) → moves to ITC availability, conditions, and restrictions (\u003cem\u003eCh. 3, 4, 5\u003c\/em\u003e) → covers distribution and utilisation (\u003cem\u003eCh. 6, 7\u003c\/em\u003e) → concludes with exports and refund monetisation (\u003cem\u003eCh. 8, 9\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNumbered Sub-Paragraphs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Each chapter is divided into granular numbered paragraphs (\u003cem\u003ee.g., 3.3-1A, 9.20-4\u003c\/em\u003e), enabling surgical cross-referencing during assessment proceedings, refund adjudication, or legal opinion work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCase Citations\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Standardised citation format throughout—court\/tribunal, year, and citation reference included for every case\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eEight Appendices\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Reproduce the primary statutory material: relevant CGST Act sections, IGST Act sections, CGST Rules 2017, LUT conditions notification, and four key CBI\u0026amp;C circulars on refunds, ITC entitlement, interest under Section 50(3), and electronic refund process\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eReference Apparatus\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e— Subject index and full GST acronym glossary included\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406576312343,"sku":null,"price":1116.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTInputTaxCredit.png?v=1787737900"},{"product_id":"comparative-study-of-provisions-of-income-tax-act-2025-income-tax-act-1961","title":"Comparative Study of Provisions of Income Tax Act 2025 \u0026 Income Tax Act 1961","description":"\u003cp\u003e\u003cspan\u003eIndia's direct tax framework has undergone its most consequential structural transformation since independence. The Income-Tax Act 2025 is not an amendment to the Income-Tax Act 1961—it is a complete legislative replacement. It rebuilds the statute from the ground up: sections have been renumbered across an entirely new numerical range stretching past 530 (\u003cem\u003eagainst 298 in the 1961 Act\u003c\/em\u003e), sub-clauses within provisions have been reordered, provisos have been surgically trimmed, voluminous narrative text has been converted into structured tables, over a hundred Section 10 exemptions have been redistributed across multiple categorised Schedules, and a new unified concept of 'tax year' has replaced the decades-old Previous Year\/Assessment Year framework across every procedural provision in the statute.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is not a change that can be absorbed incrementally. It requires a complete, structured, side-by-side mapping of both statutes—at every level of the legislative text.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eComparative Study of Provisions of Income-Tax Act 2025 \u0026amp; Income-Tax Act 1961\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is precisely that. Now in its 2\u003csup\u003end\u003c\/sup\u003e Edition, updated to incorporate all amendments made by the Finance Act, 2026 to both statutes, this reference places the complete operative text of the 1961 Act and the 2025 Act in direct two-column alignment—section by section, sub-section by sub-section, clause by clause, sub-clause by sub-clause, proviso by proviso, and Explanation by Explanation—with typographically coded change mark-up that makes every deletion, modification, simplification, and new insertion instantly visible. It is the single most comprehensive primary-text comparative reference available for the 1961 → 2025 transition.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eA companion volume, the Comparative Study of Income-Tax Rules 2026 \u0026amp; Income-Tax Rules 1962, extends this framework to the subordinate legislation—together, the two volumes cover the complete regulatory framework governing Indian direct taxation across both regimes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Professionals, Chartered Accountants \u0026amp; Senior Departmental Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — This book operates as a systematic migration map, showing not only which section of the 2025 Act corresponds to a familiar 1961 Act provision, but also exactly what changed within it, what was trimmed, what was reordered, and what was restructured. Institutional knowledge built over decades does not go to waste; it gets precisely translated\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNewer Professionals, CA\/Law Students \u0026amp; Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — This book provides the ability to understand the 2025 Act not in isolation, but in the legislative context from which it emerged, with the historical text of the 1961 Act serving as the baseline against which every design choice in the new statute becomes legible\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLitigators and Appellate Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — This book will address the disputes arising from assessments governed by the 1961 Act, which will continue to be adjudicated alongside matters under the 2025 Act, often involving the same set of facts spanning both regimes. This requires precise knowledge of how provisions align, where language diverges, and where new sub-clauses lacking 1961 Act counterparts introduce new statutory areas\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eResearchers \u0026amp; Policy Analysts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — This book provides a granular ledger of six decades of statutory evolution compressed into a single comparative framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2\u003csup\u003end\u003c\/sup\u003e Edition | 2026, amended by Finance Act 2026. This book is edited\/authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eWord-to-Word Textual Comparison in a Dual-Column Format\u003c\/strong\u003e] The operative provisions of the 1961 Act are placed on the left; the corresponding provisions of the 2025 Act on the right. The comparison is not summarised, paraphrased, or abridged—both statutes speak in their own words, placed in direct confrontation with each other\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGranular Alignment to the Smallest Operative Unit\u003c\/strong\u003e] The alignment does not rest at the section level. Every sub-section, clause, sub-clause, item, sub-item, proviso, and Explanation of each 1961 Act provision is aligned against its precise counterpart in the 2025 Act. Where sub-clauses within a provision have been reordered in the 2025 Act, the alignment reflects the actual structural correspondence rather than the positional sequence—a distinction that matters critically for provisions where internal clause order has been reversed or reorganised\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTypographically Coded Change Identification\u003c\/strong\u003e] Two distinct visual signals operate throughout:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eText from the 1961 Act shown in bold with strikethrough indicates language that has been deleted or modified in the 2025 Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eText from the 2025 Act shown in bold indicates language that is simplified, changed, or newly inserted relative to the 1961 Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Cross-Mapping Table of Contents\u003c\/strong\u003e] A front-loaded cross-reference grid spanning the full table of contents maps every section of the 1961 Act to its corresponding section(s) in the 2025 Act, with page references for both. This enables navigation from either statute's reference frame—a practitioner thinking in 1961 Act section numbers can locate the 2025 Act equivalent instantly, and vice versa\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStandalone Compilation of 2025 Act Provisions Without 1961 Counterparts\u003c\/strong\u003e] Provisions of the 2025 Act that have no corresponding provision in the 1961 Act are compiled separately at the end of the book—covering definitional expansions, new structural mechanisms, and provisions specific to the consolidated design of the new statute. This compilation ensures the comparative coverage is total, with nothing left outside the reader's view\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Incorporated in Both Statutes\u003c\/strong\u003e] Both the 1961 Act and the 2025 Act are reproduced as amended by the Finance Act 2026, making this the most current edition available and ensuring that the comparison reflects the law as it stands for Tax Year 2025-26 onwards\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAn Unmatched Editorial Standard\u003c\/strong\u003e] The comparative alignment in this book is a precision-engineering task that cannot be approximated. The 2025 Act's 530+ sections do not map to the 1961 Act's 298 sections in any predictable sequence—one section may fan out across multiple sections and Schedules, while several may collapse into one. Sub-clauses within provisions have been reordered, operative provisos quietly dropped, and narrative text restructured into tables. Every entry reflects editorial judgment applied at the level of individual legislative sub-elements—none of it algorithmic\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHow to Read This Book\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Opens with a precise guide establishing the dual-column convention, the typographic change-marking system, and the treatment of multi-to-one and one-to-many section correspondences\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCross-Mapping Table of Contents\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A bilateral index mapping every 1961 Act section against its 2025 Act counterpart(s), with page references, covering the full legislative architecture of both statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorresponding Provision\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — For each provision or group of provisions, a cross-reference table showing the 1961 ↔ 2025 mapping at the sub-section level, with the distribution across multiple sections or Schedules explicitly shown where applicable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTextual Comparison\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The main body in dual-column format with change mark-up, proceeding in the sequence of the 1961 Act; where a 1961 Act provision maps to provisions distributed across multiple sections or Schedules of the 2025 Act, all relevant 2025 Act text is brought into the comparison at that entry point\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e2025 Act Provisions Without a 1961 Act Counterpart\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A standalone compilation at the end covering definitional additions, structural provisions unique to the 2025 Act's architecture, and substantively new legislative territory, ensuring the comparative view is complete\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406585126935,"sku":null,"price":2516.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/ComparativeStudyofProvisionsofIncomeTaxAct2025_IncomeTaxAct1961.png?v=1787737836"},{"product_id":"direct-taxes-ready-reckoner","title":"Direct Taxes Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Ready Reckoner (DTRR) \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis the flagship annual reference publication of Taxmann. It is the most authoritative and comprehensive single-volume guide to Indian direct tax law, updated each year. First published in May 1978, the 50\u003csup\u003eth\u003c\/sup\u003e Golden Jubilee Edition commemorates fifty years of continuous publication under the same authorship. The DTRR 50\u003csup\u003eth\u003c\/sup\u003e Edition maps, compares, cross-references, and illustrates, serving simultaneously as a practitioner's guide, a compliance checklist, a tax calculation resource, and a manual for legislative transition. All section references default to the Income-tax Act 2025, and all rule references default to the Income-tax Rules 2026, unless explicitly indicating the 1961 Act—a deliberate editorial choice that facilitates the profession's transition to the new legal framework.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 50\u003csup\u003eth\u003c\/sup\u003e Edition operates amid unprecedented regulatory complexity: the Income-tax Act 2025, and the Income-tax Act 1961 run concurrently—pre-2025 assessments under the old Act, new assessments under the new. The Finance Act 2026, amends both simultaneously, with differing effective dates. The Income-tax Rules 2026, further replace the 1962 Rules entirely—renumbering sections, redesignating forms, and restructuring procedural timelines across TDS, TCS, and return filing. The DTRR 50\u003csup\u003eth\u003c\/sup\u003e Edition addresses all three layers in a single volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for practitioners and professionals who require both depth and immediacy—those for whom accuracy is non-negotiable and lookup speed is operationally critical. The primary readership includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Tax Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor advisory, compliance, return filing, and tax planning mandates across all categories of assessors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Legal Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor statutory interpretation, litigation support, and penalty\/interest computation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Managers and CFOs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor TDS\/TCS compliance, advance tax calculation, and corporate tax liability assessment\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor compliance functions related to direct tax obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFinance and Accounts Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking across industries with payroll, vendor payments, or intercompany transactions subject to withholding\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Officers and Revenue Officials\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eas quick-reference authorities on rates, limitation periods, and procedural timelines\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Students of Advanced Taxation\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eas comprehensive study companions integrating legislative text, practical illustrations, and case studies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 50\u003csup\u003eth\u003c\/sup\u003e Edition | Golden Jubilee Edition, updated to incorporate all amendments introduced by the Finance Act 2026. Applicable for Assessment Year 2026-27 and Tax Year 2026-27, this Edition is authored by Dr Vinod K. Singhania, whose five decades of authoritative annual commentary have established this book as the definitive desk reference in Indian direct taxation. The key highlights of this Edition include:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Fully Integrated\u003c\/strong\u003e] All amendments introduced by the Finance Act 2026 are incorporated directly into the relevant chapters and highlighted at the point of relevance—not relegated to a supplement. Practitioners reading any chapter see current law, not last year's\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendments at a Glance with Case Studies\u003c\/strong\u003e] Referencer 2 provides a structured three-part dissection of every legislative change—Part A covers Finance Act 2026 amendments to both the 1961 Act and the 2025 Act; Part B maps key structural changes brought in by the Income-tax Act 2025; and Part C covers procedural changes under the Income-tax Rules 2026. Each amendment is supported by practical illustrations and full numerical case studies\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-wise Cross-reference Index\u003c\/strong\u003e] An exhaustive bidirectional index maps every section of the 1961 Act to its corresponding provision in the 2025 Act at the paragraph level—enabling instant location of any provision under either Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNew vs. Old Tax Regime—Complete Parallel Analysis\u003c\/strong\u003e] All provisions are presented in parallel for both regimes across every assessee category. For companies, four distinct tax rate regimes are fully analysed—section 199 (\u003cem\u003e25% for eligible manufacturers\u003c\/em\u003e), section 200 (\u003cem\u003e22% for all domestic companies with fixed 10% surcharge and no MAT\u003c\/em\u003e), section 201 (\u003cem\u003e15% for new manufacturing companies\u003c\/em\u003e), and section 202 (\u003cem\u003edefault individual\/HUF new regime with restricted exemptions and deductions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSalaries—Comprehensive Allowance Tables with Revised Quantum\u003c\/strong\u003e] All allowance categories are covered with AY 2026-27 quantum limits, including revised children's education allowance (\u003cem\u003e₹3,000 per month per child\u003c\/em\u003e), hostel expenditure allowance (\u003cem\u003e₹9,000 per month per child\u003c\/em\u003e), and transport allowance for transport system employees (\u003cem\u003e70% subject to ₹25,000 per month\u003c\/em\u003e). HRA computation covers the three-limb formula with worked examples, including the reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier from AY 2026-27\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePresumptive Taxation—Full Treatment with 1961 Act vs. 2025 Act Comparison\u003c\/strong\u003e] All three sub-schemes under section 58 of the 2025 Act are covered with comparative illustrations. A critical difference is highlighted: under the 2025 Act, an assessee declaring income below the presumptive rate must maintain books and undergo audit if income exceeds the basic exemption limit, irrespective of prior-year history under the scheme, a departure from the more lenient position under the 1961 Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated Return—Multi-Scenario Analysis\u003c\/strong\u003e] Covers the two key Finance Act 2026 amendments—permitting updated return filing where a declared loss is reduced, and permitting updated return filing even after a reassessment notice under section 280, subject to a graded additional tax structure of 34% to 70% depending on the timing of filing. A four-scenario tax burden comparison (\u003cem\u003evoluntary disclosure, post-notice updated return, full reassessment, and immunity\u003c\/em\u003e) is worked through with complete rupee computations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTDS\/TCS—Exhaustive Coverage Across 100+ Provisions\u003c\/strong\u003e] Every withholding provision under section 393 of the 2025 Act is covered with its 1961 Act equivalent, applicable rates, threshold limits, surcharge and HEC overlay, and form references. Scenario-based illustrations cover salary, professional fees, works contracts, individual\/HUF payments, and cross-border royalties—supported by operative CBDT circulars and landmark judicial rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePenalty Tables—Consolidated and Quantified\u003c\/strong\u003e] A comprehensive penalty reference table lists every default with the applicable section under both Acts, minimum and maximum penalties—including new obligations such as the crypto asset statement under section 409(1) (₹50,000 penalty), SFT defaults (\u003cem\u003e₹1,000 per day from April 1 2026\u003c\/em\u003e), and cash transaction violations under sections 165–167\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLife Insurance Policy Taxation—Multi-Variable Case Studies\u003c\/strong\u003e] The four-regime taxability matrix based on policy issuance date and annual premium threshold is explained with consecutive case studies covering varying combinations of sum assured, premium quantum, and PPF contributions—including a money-back policy with staggered payouts, computed under Rule 49 of the Income-tax Rules 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReferencers (Part A)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eR1 | Tax Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— AY 2026-27 (\u003cem\u003eindividuals, HUF, senior\/super-senior citizens, firms, companies, co-ops, foreign cos.\u003c\/em\u003e) with full surcharge and HEC overlay\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR2 | Amendments at a Glance\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Finance Act 2026 (Part A), 2025 Act (Part B), 2026 Rules (Part C)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR3 | New Tax Regime\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Sec. 199, 200, 201, 202, 203 and co-operative societies\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR4 | Income Computation and Disclosure Standards (ICDS)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR5 | Tax Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Last Ten Assessment Years\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR6 | Gold and Silver Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Current Year, Last Ten AYs, as on April 1, 1981 and April 1, 2001\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR7 | Tax Saving Schemes at a Glance\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR8 | Depreciation Rate Table (Income-tax, Power Generating Units, Companies Act 2013)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR9 | Deductions and Allowances Summary\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR10 | Cost Inflation Index\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR11 | Interest on NSC\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR12 | Withholding Tax Rates (including DTAA-based rates)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR13 | Period of Limitation\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR14 | Notice Issue Time Limits under Section 148\/148A of the 1961 Act\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eR15 | Life Insurance Policy\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Cumulative Computation\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR16 | Sections 82–88 of 2025 Act (Capital Gains Exemptions — corresponding to Secs. 54–54GA of 1961 Act)\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR17 | Carry-Forward of 1961 Act Provisions into 2025 Act Framework\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eR18 | Key Compliance Dates with Direct Taxes\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSubstantive Chapters (Part A—Income Heads)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e– The book then provides chapter-by-chapter analysis of every income head, including:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eSalaries\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Perquisites, allowances, retirement benefits, ESOP taxation, pension commutation, provident fund, leave encashment, gratuity, VRS exemptions, salary from foreign employer, and regime-specific differential treatment\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eHouse Property\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Self-occupied vs. let-out, deemed let-out, municipal taxes, standard deduction, interest deduction limits, pre-construction interest, co-ownership, deemed ownership\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eBusiness and Profession\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Method of accounting, ICDS overrides, depreciation (\u003cem\u003eincluding additional depreciation eligibility and 30% cap under new tax regimes\u003c\/em\u003e), disallowances under sections 34, 35 and 36 of the 2025 Act (\u003cem\u003esections 30, 40, 43B of the 1961 Act\u003c\/em\u003e), presumptive taxation under all three categories, section 44AA book-keeping obligations, section 44AB audit requirements, GAAR, MAT\/AMT\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eCapital Gains\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Indexed cost of acquisition, FMV as on April 1, 2001, period of holding for each asset class, capital gains exemption chain (\u003cem\u003esections 82–88 of the 2025 Act\u003c\/em\u003e), rollover benefits, ULIP capital gains taxation, zero-coupon bonds, electronic gold receipts, capital gains on agricultural land, slump sale, and merger\/demerger tax neutrality\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eIncome from Other Sources\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Interest on securities, income from machinery\/plant let out, advance money forfeiture, interest on compensation, keyman insurance, life insurance policy taxation (\u003cem\u003emulti-variable matrix\u003c\/em\u003e), and business trust distributions (\u003cem\u003especified sum formula: A minus B minus C\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProcedural Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eClubbing of Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eacross spousal, minor child, and HUF dimensions.\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSet-off and Carry-Forward if Losses\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Intra-head, inter-head, and the eight-year\/indefinite carry-forward matrix by loss type\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eExemptions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e(Schedule II of the 2025 Act) and\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eChapter VIII-C Deductions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full quantum limits with old\/new regime differential\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eReturn of Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All five types (\u003cem\u003eoriginal, belated, revised, updated, and response to notice\u003c\/em\u003e), all due dates for AY 2026-27 and tax year 2026-27, fee structure for late filing\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAdvance Payment of Tax\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Computation, instalment schedule, and interest under sections equivalent to 234B and 234C\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDeduction\/Collection of Tax at Source\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full TDS\/TCS matrix\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eHow to Compute Tax Liability\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Step-by-step templates by assessee category\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePenalty\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Consolidated table with 50+ defaults\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eInterest\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— All charging sections with computation methodology\u003c\/li\u003e\n\u003cli\u003eRegistered non-profit organisations, business trusts, InvITs, tonnage tax, STT, CTT, and cash transaction restrictions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into four discrete parts, each serving a distinct reference function:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart A — Study of Direct Taxes\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe analytical core of the book, containing 18 Referencers, followed by comprehensive chapter-by-chapter coverage of every head of income, procedural provision, and compliance obligation. This section combines statutory analysis, computational illustrations, case studies, and cross-references in a single integrated narrative\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart B — Tax Tables (AY 2026-27\/Tax Year 2026-27)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePre-computed tax liability tables organised by assessee category (\u003cem\u003eindividuals under new and old regime, HUFs, AOPs, BOIs, firms, domestic companies, foreign companies, co-operative societies\u003c\/em\u003e) and by TDS\/TCS rate category. Eliminates computational error at the point of calculation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart C — Market Quotations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eGold and silver rate tables, essential for computing fair market value and indexed cost of acquisition in capital gains computations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePart D — Tax Tables of Past Six Assessment Years (AY 2020-21 to AY 2025-26)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eHistorical tax computation tables for individuals, HUFs, and AOPs—enabling backward-looking liability computation for pending assessments, reassessments, and appeals without recourse to prior-year volumes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406622220311,"sku":null,"price":1886.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/DirectTaxesReadyReckoner.png?v=1787737726"},{"product_id":"master-guide-to-income-tax-act-2025","title":"Master Guide to Income Tax Act 2025","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eMaster Guide to Income Tax Act 2025\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e (37\u003csup\u003eth\u003c\/sup\u003e Edition) is Taxmann’s flagship single-volume reference work for the transition from the Income-tax Act 1961 to the Income-tax Act 2025.  This Edition of the Master Guide has been updated to reflect the Finance Act 2026, making it the definitive reference for the current assessment cycle. Across 1,800+ pages and four Divisions, it delivers:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eA provision-by-provision comparative commentary covering every substantive change from the ITA 1961 to the ITA 2025\u003c\/li\u003e\n\u003cli\u003eA complete TDS and TCS rate reckoner under the ITA 2025\u003c\/li\u003e\n\u003cli\u003eThe full body of CBDT circulars, clarifications, and notifications from 1961 through February 2026 mapped to ITA 2025 sections\u003c\/li\u003e\n\u003cli\u003eA curated digest of landmark Supreme Court and High Court rulings, spanning 1922 through February 2026, indexed under the new statute\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Tax Consultants\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003emanaging compliance, structuring, and advisory under the new statutory framework while handling legacy ITA 1961 proceedings in parallel\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for assessments, returns, and internal reporting across the transitional period, where both statutes operate simultaneously\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Litigation Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before income-tax authorities, ITAT, High Courts, and the Supreme Court—the landmark rulings digest is directly keyed to ITA 2025 section numbers\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransfer Pricing Specialists\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking with the revised safe harbour rules, APA regime, associated enterprise definition, and arm’s length price determination under the new Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Income Tax Department\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring a comparative reference to apply ITA 2025 provisions while administering or contesting matters arising under the ITA 1961\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Policy Professionals and Academics\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003etracking the legislative evolution of Indian income tax across the full spectrum—definitions, charging provisions, computation heads, procedural machinery, and penalties\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 37\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFirst Authoritative Comparative Commentary on ITA 2025 vs. ITA 1961\u003c\/strong\u003e] Division One—the intellectual centrepiece of the book at approximately 463 pages—provides a chapter-by-chapter, para-by-para comparative analysis of the ITA 2025 against the ITA 1961 across all 20 subject-matter areas. Every para follows a disciplined structure: position under the ITA 1961, corresponding section in the ITA 2025, and a full analysis of the change, including legislative intent, interpretive implications, and practical consequences. The commentary does not merely describe what changed—it explains why it changed, whether the change is substantive or merely structural, and where interpretive uncertainty survives despite the new drafting\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Fully Integrated\u003c\/strong\u003e] The book is updated to incorporate all amendments made to both the ITA 2025 and the ITA 1961 by the Finance Act 2026—including changes to prosecution provisions (\u003cem\u003ereplacement of 'rigorous imprisonment' with 'simple imprisonment,' introduction of graded punishment structures, decriminalisation of certain offences\u003c\/em\u003e), provident fund investment rule rationalisation, MAT amendments, and further TDS\/TCS adjustments. Where the Finance Act 2026 has not amended a provision of the ITA 2025, the commentary explicitly notes this, maintaining clean editorial discipline on which changes originate from the new statute versus the most recent Finance Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructural Transformation Fully Articulated\u003c\/strong\u003e] The book systematically maps the architectural redesign of the statute: the elimination of the 'Previous Year' and 'Assessment Year' concepts and their replacement with the unified 'Tax Year'; the consolidation of all NPO\/trust provisions (\u003cem\u003epreviously scattered across Section 10, Sections 11–13, and related provisions amended by more than 20 Finance Acts since 1961\u003c\/em\u003e) into a single dedicated chapter; the recharacterisation of Section 10 exemptions as deductions; the migration of 1,200 provisos and 900 explanations into sub-sections, clauses, and sub-clauses; and the addition of five new schedules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete TDS\/TCS Rate Reckoner Under ITA 2025\u003c\/strong\u003e] Division Two provides comprehensive tabular reference covering every TDS and TCS provision under the ITA 2025, with columns covering: nature of income\/receipt, payer category, payee category, threshold, rate where PAN\/Aadhaar is furnished, rate where PAN\/Aadhaar is not furnished, and time of deduction\/collection. All fourteen exemption categories are separately tabulated with full conditions. The TCS reckoner covers all nine TCS categories under Section 394(1), including the rationalised uniform 2% rate structure and the LRS\/overseas travel package differential rates\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExhaustive CBDT Administrative Guidance—Dual-Indexed\u003c\/strong\u003e] Division Three compiles the complete body of CBDT circulars, clarifications, and notifications from 1961 through February 2026 that retain relevance under the ITA 2025. Critically, because the ITA 2025 renumbers and restructures sections relative to the ITA 1961, the section key maps legacy guidance to the corresponding ITA 2025 provision, preventing the section-numbering disconnect from rendering decades of administrative guidance inaccessible. An alphabetical key is also provided for keyword-based retrieval. The division spans approximately 584 pages, constituting the most extensive compilation of CBDT administrative guidance available in a single volume under the new Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCentury-Spanning Landmark Judicial Digest—Dual-Indexed\u003c\/strong\u003e] Division Four assembles the landmark rulings of the Supreme Court and High Courts from 1922 through February 2026 that continue to govern interpretation under the ITA 2025. The approximately 743 pages of judicial digest are indexed both section-wise (\u003cem\u003eunder ITA 2025 section numbers\u003c\/em\u003e) and alphabetically by subject. The alphabetical index spans the full spectrum of direct tax jurisprudence—from agricultural income and amalgamation through transfer pricing, unexplained credits, and search and seizure\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is divided into three core divisions:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One | Comparative Commentary (approx. 463 pages) —\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eOrganised across 20 thematic chapters. Each chapter opens with an ‘Overview’ para listing all changes in that subject area, followed by detailed paras analysing each change in full.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 1 | Introduction\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Legislative history of the ITA 2025, its structural statistics (\u003cem\u003e536 sections, 16 schedules, 2.60 lakh words, no provisos, no explanations\u003c\/em\u003e), Finance Act, 2026 amendments to both statutes, and the 1 April 2026 effective date\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 2 | Definitions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Eleven changes including: unified Tax Year concept replacing Previous Year and Assessment Year; expansion of books of account to cover cloud-based storage; revised definition of ‘charitable purpose’; expansion of ‘income’ to cover all import\/export incentives; and explicit clarification that ‘relative’ covers both maternal and paternal lineal ascendants\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 3 | Basis of Charge\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— TCS explicitly included in the Section 4 charging mechanism; POEM definition refined; ‘reasonably attributable’ standard extended to SEP-based attribution; ‘through or from’ applied uniformly to capital asset transfers; royalty definition expanded to ‘transfer or grant’ (\u003cem\u003elegislative response to Engineering Analysis\u003c\/em\u003e); eligible investment fund cap increased from 20% to 25%\u003c\/li\u003e\n\u003cli\u003eChapter 4 | Salary and House Property — Structural realignment of salary exemptions into deductions; revised exclusions from ‘profits in lieu of salary’; definitional shift from ‘any house property’ to ‘any property’ for inadequate consideration transfers\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 5 | Business Income\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Over 27 paras covering depreciation; employee welfare expense consolidation and timing alignment; commodity derivative definition; critical minerals expansion; presumptive tax scheme modifications for goods carriage, shipping, airlines, civil construction, cruise shipping, and electronics manufacturing; proportionate deduction rule consolidation; and tax audit threshold changes\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 6 | Capital Gains\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Buyback of shares shifted from deemed dividend to capital gains; Sovereign Gold Bond exemption restricted to original holders holding to maturity; drafting correction to the capital gains charging provision\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 7 | Other Sources\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Elimination of deemed dividend treatment for intra-group loans; restriction on expense deductions from dividend and mutual fund income; deduction now allowed for land revenue, local rates, and municipal taxes\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 8 | Deductions and Exemptions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Sixteen paras covering new exemptions (\u003cem\u003edisability pension for armed forces; MACT compensation interest; RFCTLARR Act compulsory acquisition proceeds; income of foreign companies providing capital goods to contract manufacturers; returning residents’ income for five years; data centre service income exempt until TY 2046-47; New Development Bank exemption\u003c\/em\u003e); rationalised co-operative society deductions; IFSC\/OBU revisions; start-up turnover limit increase\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 9 | Taxation Framework for Registered NPOs\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The most structurally significant chapter—19 paras covering the entire redesigned NPO framework: revised definition of charitable purpose; application and regime-switching; tax computation across regular, specified, residual income, and corpus donations; application and accumulation of income; commercial activity restrictions; specified violations; accreted income tax; merger non-triggering provision; and approval for donations\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapter 10 | Special Tax Rates\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Unexplained income tax rate reduced from 60% to 30%; NRI foreign exchange asset regime consolidation; IFSC post-holiday income provisions; MAT rationalisation; concessional regime depreciation; and unexplained investment\/asset\/cash provisions\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eChapters 11–20 | Tonnage Tax, Transfer Pricing, TDS\/TCS, Return \u0026amp; Appeals, Interest \u0026amp; Fee, Assessment Proceedings, Search \u0026amp; Seizure, Penalties, Prosecution, Miscellaneous\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Exhaustive coverage of all remaining subject areas including: safe harbour rationalisation; APA regime changes; 22+ TDS\/TCS amendments; extended return filing deadline; Dispute Resolution Committee enhancements; block assessment time limit extension; replacement of rigorous with simple imprisonment across all prosecution provisions; graded punishment structures; decriminalisation of specified offences; and provident fund investment rule rationalisation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two | TDS\/TCS Rate Reckoner (approx. 28 pages)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e—\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eComprehensive tabular reference for every withholding provision under the ITA 2025, organised by category: salary and EPF; interest and dividend (\u003cem\u003edomestic, foreign borrowings, infrastructure debt funds, bonds\/GDRs, business trust, AIF, securitisation trust, FII\/specified fund\u003c\/em\u003e); virtual digital assets, lottery, horse racing; contractors, e-commerce, royalty, professional\/technical services, purchase of goods; commission, rent, immovable property; remuneration and benefits; and non-resident payments. Fourteen exemption categories fully detailed. TCS reckoner covers the rationalised uniform 2% structure, LRS tiered rates, and overseas tour packages\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three | CBDT Circulars, Clarifications \u0026amp; Notifications, 1961–February 2026 (approx. 584 pages)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The complete administrative corpus of CBDT guidance curated for continued relevance under the ITA 2025, preceded by two independent indices: a section key (cross-referencing ITA 2025 section numbers) and an alphabetical key. The section key resolves the numbering discontinuity between the two Acts, ensuring guidance originally issued under ITA 1961 section references is accessible via ITA 2025 section numbers\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Four | Landmark Rulings of the Supreme Court and High Courts, 1922–February 2026 (approx. 743 pages)\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e— A curated digest spanning over a century of Supreme Court and High Court jurisprudence, organised under ITA 2025 section numbers and preceded by a section key and an alphabetical key covering over 120 subject heads. Integrates rulings from 1922 through February 2026, including recent 2024–25 High Court pronouncements. The alphabetical index spans the full field—agricultural income, amalgamation, arm’s length pricing, capital gains, charitable purpose, depreciation, deemed accrual, MAT, NPO taxation, penalties, search and seizure, transfer pricing, unexplained credits, and more\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eDivision One is organised in 20 chapters. Each chapter opens with a numbered ‘Overview’ para listing all changes in the subject area. This is followed by individual numbered paras, each covering one discrete change in a standard three-part format:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePosition under ITA 1961 → corresponding ITA 2025 provision → analysis of change\u003c\/li\u003e\n\u003cli\u003eCross-references between chapters are provided where changes in one area have consequential implications in another\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eDivision Two uses a master table format for TDS and a separate table for TCS, with nine column-heads and footnoted conditions for rates-in-force, specified persons, PAN\/Aadhaar differentials, and exemptions\u003c\/li\u003e\n\u003cli\u003eDivisions Three and Four are each preceded by two independently usable index systems: a section key organised by ITA 2025 section number, and an alphabetical key listed by subject. The substantive content is organised by ITA 2025 section number, with CBDT materials presented chronologically in Division Three and rulings presented under sub-headings derived from the legal principle established in Division Four\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406625660951,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/MasterGuidetoIncomeTaxAct2025.png?v=1787737651"},{"product_id":"income-tax-rules-2026","title":"Income Tax Rules 2026","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Rules 2026 \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis the definitive, authoritative guide for the complete procedural law relating to income taxation in India. First published in 1968 and now in its landmark 65th Edition, this flagship publication has been recognised as the most comprehensive and trusted compilation of income tax rules by practitioners for over fifty years. Esteemed by tax tribunals, High Courts, and professionals across the country, it holds the same authoritative status in procedural law as Taxmann's Income Tax Act does in substantive law. This Edition presents the annotated text of the Income-tax Rules 2026, which supersede the Income-tax Rules 1962. This Edition is the single consolidated volume for the complete corpus of income tax procedural rules, allied rules, faceless schemes, appellate framework rules, transaction tax rules, savings schemes, and other subordinate legislation under the Income-tax Act 1961. At its core, this Edition is built around a triple-layer cross-referencing system: every rule in the new Income-tax Rules 2026 is annotated with the corresponding rule number under the Income-tax Rules 1962, and every reference to the Income-tax Act is cited by the corresponding section under the 1961 Act. This makes the volume equally serviceable to practitioners still working with legacy 1962 Rule citations and those working natively within the 2026 framework — and ensures zero ambiguity throughout the text.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition is designed for every professional and institution for whom procedural exactitude in income tax law is non-negotiable:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in active practice, for whom the Rules govern daily compliance—return filing, TDS, audits, valuations, and certifications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Litigators and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e appearing before Income-tax Authorities, Commissioner (Appeals), the Income-tax Appellate Tribunal (ITAT), and higher courts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax Departments and In-house Legal\/Tax Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of listed and unlisted companies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Administrators and Officers of the Income-tax Department\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who apply and interpret the Rules in assessments, appeals, and enforcement proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLaw Firms, Big Four Advisory Practices, and Boutique Direct Tax Firms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling advisory, litigation, and structuring mandates\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademic Researchers, Doctoral Scholars, and Law \u0026amp; Commerce Faculty\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e teaching direct tax law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents of Professional Courses\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—CA Final, CS Executive\/Professional, CMA Final, and LL.M., requiring authoritative procedural law texts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 65\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, consolidated, updated, and incorporates G.S.R. No. 198(E), dated 20-03-2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAnnotated Text of Income-tax Rules 2026\u003c\/strong\u003e] Every rule contains inline annotations citing the relevant provision of the Income-tax Act 1961, facilitating immediate alignment between the Act and Rules without external cross-referencing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eParallel Citation of Income-tax Rules 1962\u003c\/strong\u003e] For each rule and form in the 2026 Rules, the corresponding rule or form number under the Income-tax Rules, 1962, is explicitly noted, allowing practitioners familiar with the legacy framework to orient themselves instantly\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour Master Cross-Reference Tables\u003c\/strong\u003e] Bidirectional rule-to-rule and form-to-form lookup tables (\u003cem\u003e1962→2026 and 2026→1962\u003c\/em\u003e) are prominently positioned at the front of the volume for rapid transition navigation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive 21-Division Structure\u003c\/strong\u003e] Encompasses the entire spectrum of procedural law: the core Income-tax Rules 2026; ICDS; faceless assessment, appeal, penalty, and inquiry schemes; appellate tribunal rules; transaction tax rules; savings schemes; certificate proceedings rules; others\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAllied Laws Appendix\u003c\/strong\u003e] Lists and reproduces the actual texts of provisions from Allied Laws referenced within the Income-tax Rules, removing the need to consult separate statute books for procedural cross-references\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRule-wise and Form-wise Arrangement of Contents\u003c\/strong\u003e] Each Division begins with a complete Arrangement of Rules and Forms, functioning as a standalone mini table of contents for swift navigation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDetailed Subject Index\u003c\/strong\u003e] A comprehensive keyword-based subject index in Division 1, enabling location of rules without requiring prior knowledge of rule numbers\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFlagship Quality and Editorial Continuity\u003c\/strong\u003e] 58 years of uninterrupted publication and 65 annual editions with consistent editorial standards establish this as the definitive institutional reference in this domain\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition spans 21 divisions, each constituting a self-contained module with its own arrangement of rules or paragraphs and the complete statutory text. The full scope of coverage is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | Income-tax Rules 2026 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Comprising the Arrangement of Rules, the complete annotated text, an Appendix covering provisions of Allied Laws referred to in the Rules, and a detailed Subject Index\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Income Computation and Disclosure Standards (ICDS)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The full text of all notified ICDS governing income computation for tax purposes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | e-Appeals Scheme 2023\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Including the enabling Order issued under sub-section (6) of Section 246 of the Income-tax Act 1961, specifying the scope of the Scheme\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Four | Income-tax (Appellate Tribunal) Rules 1963\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Including the Standing Order, other Notifications and Instructions, the ITAT Members (Recruitment and Conditions of Service) Rules 1963, and a Subject Index.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Five | Faceless Appeal Scheme 2021\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The complete framework for faceless appellate proceedings before the Commissioner (Appeals)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Six | Faceless Penalty Scheme 2021\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Including the Directions issued to give effect to the Scheme\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Seven | Commodities Transaction Tax Rules 2013\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The full text of rules governing levy and collection of CTT on commodity derivative transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Eight | Securities Transaction Tax Rules 2004\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Governing levy, collection, and related procedural requirements for STT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Nine | Capital Gains Accounts Scheme 1988\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Covering the mechanics of deposit and withdrawal for reinvestment under capital gains exemptions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Ten | Prohibition of Benami Property Transactions Rules 2016\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The procedural rules operationalising the Benami Transactions (Prohibition) Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Eleven | Centralised Processing of Returns Scheme 2011\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Including provisions on verification time limits and the reduction of the ITR verification window from 120 days to 30 days\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Twelve | e-Verification Scheme 2021\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Including the Scheme text, official FAQs, and CBDT orders promoting voluntary compliance under the Scheme\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Thirteen | e-Advance Rulings Scheme 2022\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The framework for faceless advance rulings by the Board for Advance Rulings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Fourteen | Faceless Jurisdiction of Income-tax Authorities Scheme 2022\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Fifteen | e-Assessment of Income Escaping Assessment Scheme 2022\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Governing faceless reassessment proceedings under Section 147\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Sixteen | Faceless Inquiry or Valuation Scheme 2022\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Seventeen | e-Dispute Resolution Scheme 2022\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The framework for resolution of disputes through the Dispute Resolution Committee\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Eighteen | Senior Citizens Savings Scheme 2019\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Full text of the Scheme governing eligibility, deposits, and withdrawals\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Nineteen | National Savings Certificates (VIII Issue) Scheme 2019\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Twenty | Income-tax (Certificate Proceedings) Rules 1962\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Governing Tax Recovery Officer proceedings, with a dedicated Subject Index\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Twenty-One | Bank Term Deposit Scheme 2006\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Covering the conditions and procedure for tax-saving fixed deposits under Section 80C\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is organized in four logical layers, each building upon the previous to deliver a fully navigable reference:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 1 — Cross-Reference Tables | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThe volume opens with four master lookup tables before any substantive content:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTable 1 – Rules of Income-tax Rules 1962 → Corresponding Rules of Income-tax Rules 2026 (\u003cem\u003ewith rule headings for both\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTable 2 – Rules of Income-tax Rules 2026 → Corresponding Rules of Income-tax Rules 1962 (\u003cem\u003ebidirectional inverse\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTable 3 – Forms of Income-tax Rules 1962 → Corresponding Forms of Income-tax Rules 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTable 4 – Forms of Income-tax Rules 2026 → Corresponding Forms of Income-tax Rules 1962\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThese four tables are the definitive transition guide for any practitioner or official moving between the old and new rule frameworks. Every applicable old rule number, and its new counterpart, is presented side by side with headings — allowing instant orientation without opening the main text\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 2 — 21 Self-Contained Divisions | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThe main body is divided into 21 Divisions. Each Division is independently structured as follows:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eArrangement of Rules\/Paragraphs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — A mini table of contents listing every rule number, its heading, and the page reference within the Division\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFull Statutory Text\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The complete, unamended text of the rules, scheme, or instrument, set out in clean, typographically distinct format\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSupplementary Material\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e (\u003cem\u003ewhere applicable\u003c\/em\u003e) — Standing Orders, notifications, instructions, FAQs, and related orders appended immediately after the primary text\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSubject Index\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e (\u003cem\u003ein Divisions 1, 4, and 20\u003c\/em\u003e) — A keyword-indexed subject matter guide for rule identification\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 3 — Triple-Layer Annotation Within Rule Text\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e | Within the annotated text of the Income-tax Rules, 2026 (Division 1), three levels of cross-referencing are embedded at the rule level itself:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRule Header Citation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Each rule heading identifies its counterpart in the Income-tax Rules 1962 in parentheses, enabling practitioners to immediately locate the legacy equivalent\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAct-section Footnotes\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Within the rule body, every reference to a provision of the Income-tax Act carries a footnote citing the corresponding section of the Income-tax Act 1961 by its section number, ensuring Act-Rules coherence without requiring a separate copy of the Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eForm Cross-references\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Rules that prescribe or reference specific Forms carry the corresponding form number, enabling direct look-up of the operative form within the same volume\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 4 — Allied Laws Appendix and Allied Text \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e| Division 1 closes with a two-part Appendix. The first part lists all provisions of Allied Laws (\u003cem\u003eCompanies Act, FEMA, RBI Act, etc.\u003c\/em\u003e) referenced in the Income-tax Rules 2026. The second part reproduces the full text of those provisions, eliminating the need to consult separate statutes for procedural cross-references within the Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406632280087,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxRules2026.png?v=1787737328"},{"product_id":"comparative-study-of-provisions-of-income-tax-rules-2026-income-tax-rules-1962","title":"Comparative Study of Provisions of Income Tax Rules 2026 \u0026 Income Tax Rules 1962","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eComparative Study of Provisions of Income-Tax Rules 2026 \u0026amp; Income-Tax Rules 1962 \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eserves as an essential transition reference. It reproduces the operative text of both sets of Rules side by side, word for word, and highlights every deletion, simplification, modification, and new insertion within the text itself—effectively making the legislation its own annotation. All amendments notified up to 31\u003csup\u003est\u003c\/sup\u003e March 2026 in both sets of Rules have been incorporated, establishing this as the authoritative record of the Rules framework at the point of transition. This book serves as the procedural companion to Taxmann's Comparative Study of Provisions of Income-Tax Act 2025 \u0026amp; Income-Tax Act 1961, which maps the substantive legislative transition at the level of the Act. Together, they offer comprehensive top-to-bottom coverage of what has changed, what has been retained, and what is new—across both the parent statute and the subordinate rules that provide it with operational force. Neither volume is complete without the other.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for practitioners and professionals who must work across both legislative frameworks simultaneously—either to advise clients on transition-period compliance, to interpret provisions that straddle both regimes, or to understand the precise scope of change introduced by the 2026 Rules. The primary readership includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Tax Advocates, and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on income-tax compliance, assessments, and appeals\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax and Legal Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003ehandling transfer pricing, safe harbour elections, TDS\/TCS obligations, and return filings under the transitional framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Administrators and Revenue Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring a structural reference for the new Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eResearchers, Academics, and Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e engaged with the legislative transition from the 1961\/1962 framework to the 2025\/2026 regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, incorporating all amendments notified upto 31\u003csup\u003est\u003c\/sup\u003e March 2026 in both Income-tax Rules 1962 and Income-tax Rules 2026. It is edited\/authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eWord-to-Word Two-Column Parallel Comparison\u003c\/strong\u003e] The core of the book is a provision-by-provision textual comparison in a split-column format. The operative text of the 1962 Rules appears on the left; the corresponding provision under the 2026 Rules appears on the right. Every sub-rule, clause, sub-clause, item, sub-item, proviso, and Explanation is aligned directly opposite its counterpart, enabling precise, granular comparison without cross-referencing across separate volumes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eVisual Change Identification System\u003c\/strong\u003e] A two-layered typographic coding system makes every legislative change immediately identifiable without reading both columns in full:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBold + Strikethrough in the 1962 Rules column\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – The language has been deleted or modified in the 2026 Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBold text in the 2026 Rules column\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – The language is newly inserted, simplified, or changed relative to the 1962 Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThis system allows the reader to scan quickly for the nature and extent of change at the sub-provision level\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Reference Tables—Rules\u003c\/strong\u003e] Two dedicated tables map the renumbering of rules across the two sets of Rules in both directions:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eTable 1 | Rules of Income-Tax Rules 1962\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e → Corresponding Rules of Income-Tax Rules 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eTable 2 | Rules of Income-Tax Rules 2026 \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e→ Corresponding Rules of Income-Tax Rules 1962\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEach entry shows both the rule number and the rule heading under both frameworks, enabling practitioners to locate the 2026 equivalent of any 1962 rule instantly, and vice versa.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Reference Tables—Forms\u003c\/strong\u003e] An equivalent pair of tables maps forms prescribed under both sets of Rules:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTable 3 | Forms of Income-Tax Rules 1962 → Corresponding Forms of Income-Tax Rules 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTable 4 | Forms of Income-Tax Rules 2026 → Corresponding Forms of Income-Tax Rules 1962\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThese tables are particularly valuable for compliance officers and fiduciaries who need to identify which new form corresponds to a legacy form they are familiar with\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eProvisions Without Corresponding Rules\u003c\/strong\u003e] A dedicated section at the front of the book lists all provisions of the Income-Tax Rules, 2026 that have no corresponding provision in the Income-Tax Rules 1962—i.e., entirely new rules introduced by the 2026 framework. This section allows practitioners to identify, at a glance, the net legislative additions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMigration of Provisions from the Income-Tax Act\u003c\/strong\u003e] A separate reference section identifies provisions that were previously embedded in the Income-Tax Act 1961 or the Income-Tax Act 2025, which have now been migrated into the Income-Tax Rules 2026. This addresses a structural feature of the legislative reorganisation—the movement of certain computational and procedural provisions from the Act itself into subordinate legislation—which has direct implications for interpretation and applicability\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into three principal sections:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection I | Reference Tables and Transitional Mapping\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — This section opens the book and functions as the navigation backbone. It contains all four cross-reference tables (\u003cem\u003eRules 1962 → 2026; Rules 2026 → 1962; Forms 1962 → 2026; Forms 2026 → 1962\u003c\/em\u003e), the section identifying provisions migrated from the Acts into the Rules, and the complete list of new 2026 Rules with no 1962 counterpart. This section enables rapid look-up and transitional mapping without entering the main comparative text\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection II | Comparative Study of Provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The core of the book. Rules are presented in the order of the 1962 Rules, with the corresponding 2026 Rule positioned alongside. Where a 1962 Rule maps to multiple 2026 Rules (\u003cem\u003eor vice versa\u003c\/em\u003e), all relevant provisions are displayed. Where a 1962 Rule has no 2026 counterpart (\u003cem\u003ei.e., the rule has been omitted or subsumed\u003c\/em\u003e), this is indicated by the absence of a corresponding column entry. The book opens with a standalone section covering provisions of the 2026 Rules that have no corresponding 1962 Rule, ensuring those entirely new provisions are not buried within the comparison\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEach comparative entry preserves the exact legislative text, including provisos, Explanations, tables, and sub-items, with the visual coding system applied throughout to highlight changes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406633689111,"sku":null,"price":1746.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/ComparativeStudyofProvisionsofIncome-TaxRules2026_Income-TaxRules1962.png?v=1787737226"},{"product_id":"gst-on-works-contract-other-construction-epc-contracts","title":"GST on Works Contract \u0026 Other Construction EPC Contracts","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST on Works Contract \u0026amp; Other Construction\/EPC Contracts\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a definitive practitioner's commentary on one of the most complex and persistently litigated domains under the Goods and Services Tax framework in India. Works contracts—straddling the supply of goods, services, and immovable property simultaneously—have been a source of sustained legal uncertainty since the inception of GST, generating a disproportionately large share of advance rulings, High Court litigation, and contractual disputes. This book provides a complete, analytically rigorous treatment of the subject: from first principles and constitutional underpinnings to practical contract structuring strategies, sector-specific implications, and litigation management techniques.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eNow in its 12\u003csup\u003eth\u003c\/sup\u003e Edition within eight years of first publication—a measure of both the book's reception and the pace of legal evolution in this area—the text has been comprehensively updated to incorporate amendments introduced by the Finance Act 2026, the latest case laws including the landmark Safari Retreats and Bharti Airtel decisions, updated guidance on liquidated damages drawing from Indian judgments, European VAT jurisprudence, HMRC advisories and recent circulars, and current anti-profiteering precedents. The treatment spans the full contractual lifecycle, covering classification, valuation, input tax credit, place and time of supply, security deposits, free-of-cost supplies, TDS compliance, transition provisions, contract structuring, offshore supply mechanics, and best practices for GST controversy management.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis comprehensive treatise provides a thorough analysis of the implications of the Goods and Services Tax (GST) on works contracts, construction contracts, and EPC (\u003cem\u003eEngineering, Procurement \u0026amp; Construction\u003c\/em\u003e) contracts. The book simplifies the intricacies of GST law, providing sector-specific insights for areas such as oil \u0026amp; gas, real estate, manufacturing, thermal power, roads, ports, and water supply projects. Incorporating a wealth of case studies, practical examples, and landmark judgments simplifies the complexities surrounding liquidated damages, security deposits\/advances, anti-profiteering, valuation, etc. It also discusses litigation strategies, helping professionals anticipate and manage potential disputes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for professionals who deal with works contracts and construction\/EPC agreements in a substantive legal, commercial, or compliance capacity:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Lawyers and Litigators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho appear before advance ruling authorities, appellate authorities, High Courts, and the Supreme Court in works contract, real estate, EPC, infrastructure, and project-finance GST matters. The book's treatment of legal arguments, both pro-taxpayer and pro-revenue, makes it directly usable for brief preparation and writ petition drafting\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Indirect Tax Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising developers, EPC contractors, subcontractors, concessionaires, or project-owning entities on GST positions, ITC eligibility, transition credit claims, and compliance architecture\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Legal and Tax Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eat companies operating in sectors where works contracts are structurally central: oil and gas exploration and production, real estate development, road and highway concessions, port development, thermal and solar power generation, large manufacturing plant construction, and water supply project execution\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eContract Managers, Procurement Heads, and Project Finance Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho deal with GST risk in contract drafting, particularly change-in-law clauses, valuation of free-of-cost supplies, liquidated damages risk allocation, and split-contract structuring\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment and Public Sector Undertakings\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003econtracting with EPC players, concessionaires, and sub-contractors on large-scale infrastructure projects, where GST rate eligibility at concessional rates for government works, TDS obligations, and RCM applicability are live concerns\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvance Ruling Applicants and Parties Appearing Before the National Anti-Profiteering Authority\u003c\/em\u003e\u003c\/strong\u003e, who need to navigate the extensive body of advance rulings that has accumulated under GST on works contract questions.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 12\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. It is authored by Sudipta Bhattacharjee, Rishabh Prasad \u0026amp; Abhishek Garg, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Updated\u003c\/strong\u003e] Updated for all amendments introduced by the Finance Act 2026, making it the most current edition available at the time of publication\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLandmark Judicial Pronouncements\u003c\/strong\u003e] Detailed analysis of Safari Retreats (Supreme Court), Bharti Airtel, and a wide body of High Court and advance ruling decisions across India\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSector-Specific Coverage\u003c\/strong\u003e] Dedicated chapters on Oil \u0026amp; Gas, Real Estate, Roads\/Highways, Ports, Thermal Power, Solar Power, Large Manufacturing Plants, and Water Supply Projects—each addressing the contractual structures, rate schedules, and ITC positions specific to that sector\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLiquidated Damages\u003c\/strong\u003e] Comprehensively updated with the latest Indian judgments, EU VAT precedents, recent circulars, and HMRC advisories, essential given the sustained controversy over whether GST is leviable on liquidated damages receipts\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFree-of-Cost Supplies\u003c\/strong\u003e] Addresses the valuation complexities that arise when customers supply materials, equipment, or services to contractors without separate billing, one of the most practically contested issues in works contract GST compliance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSecurity Deposits \u0026amp; Advances\u003c\/strong\u003e] Discrete treatment of mobilisation advances, material advances, retention money, and security deposits, clarifying when these trigger GST liability and when they do not\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eContract Structuring Strategies\u003c\/strong\u003e] Practical guidance on structuring composite EPC, offshore supply, and split-contract models for GST optimisation, with the substance test framework required to sustain such structures under scrutiny\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnti-Profiteering\u003c\/strong\u003e] Analysis of the Section 171 framework, key NAA orders, and the Delhi High Court judgment upholding constitutional validity of anti-profiteering provisions, with guidance on contractual documentation to manage exposure\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLitigation \u0026amp; Controversy Management\u003c\/strong\u003e] Chapter 33 provides a dedicated framework on best practices for GST dispute prevention, documentation, and conduct of litigation, including writ petition strategy\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Studies\u003c\/strong\u003e] Practical worked examples distributed across chapters to test classification, ITC eligibility, composite supply analysis, and contractual structuring\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComparative International Perspective\u003c\/strong\u003e] A dedicated chapter examining construction contracts under Australian GST, EU VAT, and GCC VAT laws, providing a framework for comparative legal arguments and interpretive borrowing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book covers the following subjects in depth:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFoundational Law and Conceptual Framework\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eConstitutional basis of GST, the evolution of works contract taxation from the pre-46\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eAmendment era through Service Tax to the current GST regime, the final statutory definition of 'works contract' under GST, and a comparative analysis of how analogous contracts are treated under international GST\/VAT regimes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification and Supply Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe concept of immovable property and the degree-of-attachment test, the transfer-of-property-in-goods requirement, the composite versus mixed supply framework and its application to works contracts, service classification under the SAC scheme, and the interplay between Entry 5(b) and Entry 6 of the rate notification\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe general ITC framework under GST, specific ITC restrictions applicable to works contractors, including the Section 17(5) blocked credit provisions, various credit availment scenarios, and relevant advance rulings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCompliance Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRegistration obligations across multiple states, time of supply and invoice issuance for continuous supply contracts, treatment of advances, security deposits, mobilisation advances, and retention money under the consideration framework, place of supply rules including SEZ supply treatment, and TDS obligations under Section 51\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValuation and Free-of-Cost Supplies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe GST valuation framework and its application to works contracts, the treatment of free-of-cost material and equipment supplied by the customer, related-party and unrelated-party scenarios, and the practical implications for tender pricing and contract documentation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eLiquidated Damages\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe nature of liquidated damages as a supply or non-supply under Entry 5(e) of the exemption notification, the evolution of Indian judicial opinion, and the relevance of EU VAT jurisprudence and HMRC guidance in constructing legal arguments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Rates\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRate structure across the full range of works contracts, government contracts, private contracts, real estate, infrastructure, affordable housing, composite, and other contract types, with advance-ruling analysis of eligibility for concessional rates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTransition Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSections 140 and 142 of the CGST Act for transition of credit, treatment of semi-completed structures as on July 1, 2017, and transitional TDS mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSector-Specific Analysis\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDedicated chapters on Oil \u0026amp; Gas (\u003cem\u003eupstream, midstream, downstream\u003c\/em\u003e), Real Estate (\u003cem\u003epre- and post-April 2019 regime, including the Maharashtra Composition Scheme\u003c\/em\u003e), Roads\/Highways (\u003cem\u003eNHAI concession models, annuity taxability, change-in-law clauses\u003c\/em\u003e), Ports, Thermal Power, Solar Power, Large Manufacturing Plants, and Water Supply\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAnti-Profiteering\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Section 171 framework, summary of key NAA orders in the construction space, the constitutional validity challenge, and contractual risk mitigation strategies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eContract Structuring and EPC Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePractical strategies for structuring offshore supply, onshore supply, and services under EPC contracts for GST optimisation, the substance test for tax-efficient structures, and the income tax interface for offshore supply under a single EPC contract\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eLitigation Management\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eBest practices for GST controversy prevention, audit and investigation response, and litigation conduct from the stage of summons and show-cause notice through writ petitions and appellate proceedings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal \u0026amp; Comparative Framework\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Establish the constitutional basis of GST, the evolution of works contract taxation, the final statutory definition under Section 2(119), and a comparative analysis of construction contracts under international GST\/VAT regimes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDefinitional Elements\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Dissect the core requirements of 'works contract' under GST—immovable property, transfer of property in goods, composite vs. mixed supply, and service classification under the SAC scheme\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompliance \u0026amp; Credit Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Cover input tax credit eligibility and restrictions, registration, time of supply, invoice issuance, advances, security deposits, valuation, free-of-cost supplies, and place of supply\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransactional Issues\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Address liquidated damages, GST rates across contract types, pre\/post-GST comparison, transition provisions under Sections 140 and 142, and TDS obligations under Section 51\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSector-Specific Analysis\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Deliver dedicated analysis for Oil \u0026amp; Gas, Real Estate, Roads\/Highways, Ports, Thermal Power, Solar Power, Large Manufacturing Plants, and Water Supply Projects\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStrategy \u0026amp; Litigation\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Cover anti-profiteering under Section 171, contract structuring strategies, offshore EPC supply mechanics, and best practices for GST controversy management\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAnnexures\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eRelevant CGST Rate Schedule for Services\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Incorporating all amendments through Notification No. 15\/2025-Central Tax (Rate) dated 17-9-2025\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eMaharashtra GST Act\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— New Composition Scheme for Builders and Developers\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eExplanatory Notes\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eto the Scheme of Classification of Services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406639652887,"sku":null,"price":892.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTonWorksContract_OtherConstruction-EPCContracts.png?v=1787737059"},{"product_id":"gst-investigations-demands-appeals-prosecution","title":"GST Investigations Demands Appeals \u0026 Prosecution","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Investigations, Demands, Appeals \u0026amp; Prosecution\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a court-tested commentary on the enforcement, dispute resolution and penal provisions of the GST law. It addresses the operational reality that GST officers wield both quasi-judicial powers and police powers—powers which curtail personal liberty, attach property, detain goods, and lead to arrest and prosecution—and that the daily output of the High Courts now constitutes the most reliable map of where those powers stop. The 5\u003csup\u003eth\u003c\/sup\u003e Edition is updated to reflect the Finance Act 2026 amendments and the law as it stood in April 2026, including the new proper-officer assignments under Sections 74A, 75(2) and 122 of the CGST Act, the Supreme Court's intervention in \u003cem\u003eRadhika Agarwal v. Union of India\u003c\/em\u003e on arrest, and the High Court jurisprudence shaping the early functioning of the GST Appellate Tribunal.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals—Chartered Accountants, Cost Accountants and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on departmental proceedings, replies to SCNs, appeals and writ strategy\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Senior Counsel\u003c\/em\u003e\u003c\/strong\u003e—appearing before adjudicating authorities, the GST Appellate Tribunal, High Courts and the Supreme Court in indirect tax matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndustry \u0026amp; in-house tax teams\u003c\/em\u003e\u003c\/strong\u003e—managing investigations, summons compliance, audit responses, detention of goods in transit, provisional attachment and recovery proceedings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental officers of CBIC and State GST\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthorities exercising inspection, audit, adjudication, appellate and prosecution functions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eMembers of the Judiciary\u003c\/em\u003e\u003c\/strong\u003e—dealing with writ petitions, bail applications and tax appeals under GST\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademia \u0026amp; Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof advanced indirect tax, who require an integrated treatment of substantive provisions and procedural jurisprudence\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition and amended by the Finance Act 2026. It is authored by Dr G. Gokul Kishore \u0026amp; R. Subhashree, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Updated\u003c\/strong\u003e] Every chapter has been refreshed for the Finance Act 2026 amendments, including the recasting around Section 74A and the latest proper-officer notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-GST \u0026amp; GST Jurisprudence\u003c\/strong\u003e] Pre-GST jurisprudence under Customs, Central Excise and Service Tax laws is integrated alongside the rapidly emerging GST case law. Several propositions in this domain still live only in pre-GST authorities\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHeadlined Propositions\u003c\/strong\u003e] Each section is broken down through italicised 'rule-of-law' headlines (\u003cem\u003ee.g., 'Reasons to believe should precede sanction of search', 'Summary of SCN cannot substitute SCN', 'Notice and orders without digital signature invalid', 'No entitlement to default bail if complaint filed within 60 days of arrest'\u003c\/em\u003e) that practitioners can lift directly into pleadings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-Doctrinal Treatment\u003c\/strong\u003e] IPC, CrPC, CPC, Limitation Act, IBC and constitutional principles are imported wherever they bear on a GST controversy—essential because most live disputes (\u003cem\u003esearch, statements, arrest, bail, prosecution\u003c\/em\u003e) are decided on these allied codes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDepartmental Position Reproduced\u003c\/strong\u003e] CBIC instructions, circulars and State SOPs (Andhra Pradesh, Tamil Nadu) are reproduced in full as appendices—DIN requirements, Section 83 attachment guidelines, ease-of-doing-business instructions, search SOPs, and the test-purchase SOP under TNGST Section 67(12)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Index \u0026amp; Subject Index\u003c\/strong\u003e] A multi-page List of Cases with paragraph-level mapping and a dedicated Subject Index for issue-based retrieval at the time of drafting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows the lifecycle of a GST dispute, end to end:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFirst Contact\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInspection, search, seizure, summons, recording of statements, audit, access to business premises, parallel CGST\/SGST proceedings, test purchase\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGoods in Transit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDetention and seizure under Section 129, release procedures, hearing requirements, quantum of penalty for minor discrepancies, consignee's right of appeal\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDemand Stage\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eShow cause notices under Sections 73\/74\/74A, ingredients of a valid SCN, system-generated notices, signature and DIN requirements, summary notices, service through online mode, time-bar, and natural-justice defects\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAdjudication \u0026amp; Confiscation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOpportunity of hearing, ex parte orders, cross-examination, confiscation under Section 130, redemption fine, penalties under Sections 122–127, mens rea\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAppeals \u0026amp; Revision\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePre-deposit, condonation of delay, the GST Appellate Tribunal's early jurisprudence, writ jurisdiction during the Tribunal vacuum, revision under Section 108\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eLiberty Stage\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrest under Section 69, cognisable\/non-cognisable distinction, bail (\u003cem\u003eregular, anticipatory, default\u003c\/em\u003e), compounding, and prosecution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRecovery \u0026amp; Ancillary\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eProvisional attachment under Section 83, garnishee notices, recovery under IBC scenarios, and the burden-of-proof and presumption framework under the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eRather than mirror the statute, the authors apply a consistent five-layer treatment to every issue—a pattern that explains why the book is usable as a litigation aid rather than a textbook:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStatutory Anchor\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The relevant CGST provision is laid down clause by clause, with attention to drafting nuances and incongruities (\u003cem\u003ee.g., the noted dissonance between Section 69(1) and Sections 132(4)\/(5) on cognisable offences\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConceptual Exposition\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The operative legal vocabulary (\u003cem\u003e'reason to believe', 'secreted', 'seizure', 'sufficient cause', 'custody', 'arrest', 'voluntary payment'\u003c\/em\u003e) is unpacked using law lexicons, IPC definitions and Supreme Court constructions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCourt-tested Propositions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The section is then broken down into bold\/italic headline propositions stating the rule of law, each one effectively a takeaway a practitioner can cite\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCase-law Walk-through\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Every proposition is supported by a discussion of facts, ratio and citation, drawing freely from Supreme Court, High Court and Tribunal decisions, both pre-GST and GST\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Position\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Wherever CBIC or State instructions speak to the issue, they are integrated and, where central, reproduced verbatim in the appendices\u003c\/li\u003e\n\u003cli\u003eThe result is that a reader looking up, say, 'can a system-generated SCN without DIN be sustained? ' finds the section, the concept, the proposition, the authority and the departmental instruction in a single place\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406640439319,"sku":null,"price":941.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTInvestigationsDemandsAppeals_Prosecution.png?v=1787737000"},{"product_id":"gst-made-easy","title":"GST Made Easy","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Made Easy – Answer to all Your Queries on GST\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a question-and-answer-based practitioner's manual that has, across fifteen Editions, established itself as the entry-point reference for GST in daily practice. Rather than mirror the statute chapter-by-chapter, the book reverse-engineers the law from the queries that practitioners, businesses and students actually face—close to 800 of them—and answers each with the operative provision, the procedural rule, the relevant CBIC circular, and where useful, a worked numerical illustration or an AAR\/judicial precedent. This Edition covers the recast Section 15(3)(b) and Section 34 framework on post-supply discounts, the extension of provisional refund to inverted duty structure cases under Section 54(6), the removal of the ₹1,000 threshold for export refunds under Section 54(14), and the omission of Section 13(8)(b) of the IGST Act on intermediary services—together with the corresponding CBIC circulars and instructions issued through 2025-26.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals—Chartered Accountants, Company Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho need a single-volume answer book for client queries on registration, classification, ITC, returns, refunds and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndustry \u0026amp; In-house Tax Teams,\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eincluding finance and compliance staff handling day-to-day GST operations across manufacturing, services, e-commerce, job work and works-contract sectors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents of Professional Examinations,\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eincluding CA, CS and CMA candidates, preparing for the indirect tax paper, who require an integrated treatment of provisions, illustrations and case law in one volume\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBusiness Owners and Entrepreneurs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erunning their own GST registration, invoicing, return filing, e-way bill and refund processes without dedicated tax teams\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof CBIC and State GST authorities who use the consolidated circular tables and forms directory for daily reference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademia \u0026amp; Researchers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof indirect taxation, who require an applied, problem-driven companion to the bare Act and Rules\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 15\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. It is authored by CA. (Dr) Arpit Haldia, and incorporates the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Updated\u003c\/strong\u003e] A dedicated front-matter section walks through every Finance Act 2026 amendment with the pre-amendment position, the amended position, and the practical consequence—covering post-supply discounts, provisional refund for inverted duty structure, the low-value export refund threshold, and the place-of-supply rule for intermediary services\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eQuestion-Answer Format\u003c\/strong\u003e] Close to 800 numbered questions arranged in the natural sequence in which a GST transaction unfolds—registration, supply, time, value, place, ITC, payment, return, assessment, refund, recovery—so that the book reads as a guided walkthrough rather than a reference encyclopaedia\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatutory Anchor with Every Answer\u003c\/strong\u003e] Each answer cites the operative section, sub-section, rule or notification, allowing the reader to trace the legal basis without leaving the page\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Numerical Illustrations\u003c\/strong\u003e] Computational issues (\u003cem\u003eITC set-off across the supply chain, TDS deduction triggers, time of supply, refund formula under Rule 89(5), Rule 86B applicability\u003c\/em\u003e) are answered with step-by-step calculations rather than narrative description\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Studies \u0026amp; Precedents Embedded\u003c\/strong\u003e] Over a hundred practical case studies, including AAR rulings (\u003cem\u003eCochin Plantations, Goa Tourism Development Corporation, Rites Ltd., Skipper Ltd., Superwealth Financial, Bindu Ventures, Prodair Air Products, Kailash Chandra\u003c\/em\u003e) and High Court\/Supreme Court decisions, are integrated into the body of each chapter against the question they answer\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBIC Circulars Consolidated\u003c\/strong\u003e] At the close of each substantive chapter, a tabular gist of every relevant CBIC circular—over 250 circulars across the book—with date and one-line summary, so the practitioner can locate the departmental position without a separate compilation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForms Directory\u003c\/strong\u003e] Each chapter ends with a forms table mapping every relevant GST form (\u003cem\u003eREG, GSTR, RFD, ITC, DRC, PMT, ARA, EWB, ENR\u003c\/em\u003e) to the rule under which it operates and its purpose, useful at the time of filing\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFAQ Integration\u003c\/strong\u003e] Where the GST Council, Law Committee or CBIC has released FAQs (\u003cem\u003eTDS, refunds, e-way bill\u003c\/em\u003e), the FAQs are reproduced and harmonised with the current legal position, distinguishing answers that have since been overtaken by amendment or circular\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePedagogical Progression\u003c\/strong\u003e] Within each chapter, the questions move from foundational (\u003cem\u003ewhat, who, when\u003c\/em\u003e) to operational (\u003cem\u003ehow, by what date, in which form\u003c\/em\u003e) to litigation-oriented (\u003cem\u003ewhat if disputed, what is the remedy\u003c\/em\u003e), allowing the same book to serve both a first-time reader and a returning practitioner\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows the GST transaction lifecycle, end to end:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Levy \u0026amp; Registration\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDual GST architecture, the working of CGST\/SGST\/UTGST\/IGST through a worked supply-chain illustration, person liable to pay tax, threshold-based and mandatory registration, the registration procedure, voluntary registration, amendment and cancellation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIdentifying the Supply\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eScope of 'supply' under Section 7, Schedules I, II and III, composite and mixed supplies, supplies between related and distinct persons, treatment of activities without consideration, and the inter-state versus intra-state determination under the IGST Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCrystallising the Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTime of supply for goods and for services (treated in separate chapters), value of supply and the valuation rules, place of supply for goods and for services with the revised position on intermediary services post Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCredit and Payment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInput tax credit (\u003cem\u003eeligibility, blocked credits, Rule 36(4), reversal and re-availment\u003c\/em\u003e), the Rule 86B 1% cash payment requirement, the Input Service Distributor regime effective 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025, payment of taxes, and the electronic cash and credit ledgers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCompliance Cycle\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvoice, credit and debit notes (\u003cem\u003ewith the recast Section 34 link to Section 15(3)(b)\u003c\/em\u003e), e-way bill generation and validity, GSTR-1\/3B\/9 returns, the composition return GSTR-4, accounts and records, and ITC-04 for job work\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Regimes\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComposition Scheme for suppliers of goods, the parallel scheme under Section 10(2A) for service and mixed suppliers, Job Work procedures, and Advance Ruling\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRefunds\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eZero-rated supplies, inverted duty structure (with the new provisional refund), excess balance in cash ledger, deemed exports, refund to unregistered persons on cancelled real-estate contracts, low-value export refund post Finance Act 2026, and the interest computation framework under Section 56\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAssessment, Demand and Recovery\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSelf-assessment, scrutiny, best-judgement assessment, the Sections 73\/74\/74A demand framework, Section 76 (\u003cem\u003etax collected but not paid\u003c\/em\u003e), Section 77 (\u003cem\u003ewrongly collected\u003c\/em\u003e), Section 78 (\u003cem\u003erecovery\u003c\/em\u003e), and instalments under Section 80\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePenalties, Waivers and Discounts\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Sections 122–127 penalty framework, the Section 128A waiver of interest and penalty for Section 73 demands, and the treatment of discounts and incentives—primary, secondary and post-sale—incorporating Circular 251\/08\/2025-GST and Circular 92\/11\/2019-GST\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into 29 comprehensive chapters, each focusing on specific GST areas:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFoundation Chapters (1-11)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Cover basic concepts, registration, supply determination, time and place of supply, valuation, and job work provisions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProcedural Chapters (12-21)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Detail invoice requirements, input tax credit, payment procedures, composition schemes, returns, assessment, refunds, accounts maintenance, and e-way bills\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvanced Chapters (22-29)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Address specialised topics including advance ruling, demand recovery, penalties, recent rule changes, waiver provisions, ISD treatment, and discount mechanisms\u003c\/li\u003e\n\u003cli\u003eEach chapter follows a systematic approach:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFundamental concept explanation\u003c\/li\u003e\n\u003cli\u003eDetailed question-answer coverage\u003c\/li\u003e\n\u003cli\u003ePractical case studies and examples\u003c\/li\u003e\n\u003cli\u003eReference to relevant sections and rules\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIntegration of circulars and clarifications\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45406645026839,"sku":null,"price":1256.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTMadeEasy_AnswertoallYourQueriesonGST.png?v=1787729162"},{"product_id":"audit-of-financial-statements","title":"Audit of Financial Statements","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eAudit of Financial Statements \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a structured practitioner's manual that translates Standards on Auditing, the Companies Act 2013, CARO 2020 and Indian Accounting Standards into a single, end-to-end audit methodology. Written from the standpoint of an inspection-aware practising auditor, it positions the statutory audit not as a checklist exercise but as a documented, risk-driven engagement whose quality must be defensible before the National Financial Reporting Authority (NFRA), the Quality Review Board (QRB), the Financial Reporting Review Board (FRRB) and audit committees.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 5\u003csup\u003eth\u003c\/sup\u003e Edition reflects the regulatory shift from broad supervisory oversight to detailed practice-oriented guidance—mapping the Audit Quality Maturity Model (AQMM) Version 2 expectations to engagement-level documentation, and operationalising NFRA's audit practice toolkits, structured Risk of Material Misstatement (RoMM) templates and Auditor–Audit Committee Interaction Series circulars into procedures, checklists and working papers.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractising Chartered Accountants \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003esigning statutory audit reports of corporate and non-corporate entities under the AS framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Firm Partners and Engagement Quality Reviewers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e building inspection-ready audit files under AQMM v2 and the proposed SQM 1\/SQM 2 transition\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEngagement Teams, Managers and Articled Assistants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking structured guidance on risk assessment, response design and documentation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Committee Members\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e and those charged with governance evaluating auditor work, communication quality and independence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternal Auditors, Technical Reviewers, Peer Reviewers and Concurrent Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e whose work intersects with the statutory audit cycle\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFinance Controllers and CFOs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e responsible for accounting policy formulation, Schedule III disclosures and audit readiness\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegulatory and Oversight Personnel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e reviewing audit documentation, governance communication and reporting compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended up to 15\u003csup\u003eth\u003c\/sup\u003e April 2026. It is authored by CA. Pranav Jain with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eOperational Risk-Based Methodology\u003c\/strong\u003e] Inherent risk, control risk, detection risk, RoMM and audit response are linked through the SA 315 → SA 330 chain so that every documented procedure traces back to an identified risk and a designed response\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAQMM v2 Documentation Mapping\u003c\/strong\u003e] Approximately 210 documentation points under AQI 1.10 are mapped through expanded checklists and templates spanning client acceptance, engagement letters, planning, testing, journal entry review, completion and file archival\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNFRA Practice-Oriented Insights\u003c\/strong\u003e] Integrated throughout the book, including the Circular dated 7\u003csup\u003eth\u003c\/sup\u003e January 2026 on SA 260 and SA 265 implementation, the Audit Practice Toolkits, the illustrative Audit Strategy Memorandum format, the structured RoMM templates and the Auditor–Audit Committee Interaction Series\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStatutory Reporting Integration\u003c\/strong\u003e] CARO 2020 clauses, Companies Act 2013 requirements and audit trail reporting are linked to the corresponding audit procedures within each substantive chapter rather than treated as a separate compliance silo\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDisclosure-Led Architecture\u003c\/strong\u003e] Schedule III (Division 1) requirements and the relevant Accounting Standard are presented alongside audit procedures for each balance sheet and profit and loss item, so that recognition, measurement and presentation are evaluated together\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eModel Accounting Policies\u003c\/strong\u003e] Aligned with the Companies (Accounting Standards) Rules 2021 and Schedule III (Division 1)—drafted as illustrative rather than mechanical templates to preserve entity-specific professional judgment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNew Labour Codes\u003c\/strong\u003e] Recognition, measurement, classification and disclosure implications addressed substantively for payroll, social security contributions, gratuity and contingent liabilities, drawing on FAQs issued by the ASB and guidance issued by the AASB\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eEngagement-Grade Working Papers\u003c\/strong\u003e] Overall Audit Strategy Memorandum, materiality calculation template, fraud risk assessment, IT general controls questionnaire, walkthrough templates, engagement quality control review forms, going concern evaluation checklist, written representation templates and management letter formats\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eInspection-Driven Deficiency Areas\u003c\/strong\u003e] Weak SA 315–SA 330 linkage, journal entry testing, ledger scrutiny, related party evaluation, accounting estimates documentation and the use of standardised or boilerplate working papers are addressed directly\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIllustrative Audit Reports\u003c\/strong\u003e] Independent auditor's report, audit report on consolidated financial statements, audit report for trusts, CARO report, CARO checklist and reporting on the audit trail rule—drafted for direct adaptation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eConcept-Led Explanations\u003c\/strong\u003e] Auditing standards requirements, key concepts and procedures explained through structured worked illustrations and examples rather than abstract restatement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Risk and Materiality\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAudit risk equation, RoMM identification, materiality determination, performance materiality, specific materiality and revision of materiality during the audit\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInherent Risk Assessment\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eUnderstanding the entity and its environment, preliminary analytical review and entity-specific risk factors\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFraud Risk\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCharacteristics of fraud, the fraud triangle, planning to detect fraud, response to fraud risks, communication, judicial perspective on auditor liability and reporting under section 143(12) of the Companies Act 2013\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInformation Technology Environment\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIT general controls, application controls, audit trail evaluation under the Companies (Accounts) Rules 2014 and reporting thereon\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternal Controls\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eControl environment, control activities, components, walkthroughs, entity-level controls, types of controls and tests of operating effectiveness\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUse of Work of Others\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInternal auditors under SA 610, auditor's experts under SA 620 and service organisations under SA 402\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEngagement Planning and Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOverall audit strategy, audit plan, time budget, audit programme, requirement list, roles and responsibilities, engagement team discussions and completion of planning\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCommunication with Those Charged with Governance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePlanning-stage and completion-stage communication under SA 260 and SA 265, integrated with NFRA's January 2026 Circular and audit committee interaction expectations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCore Engagement Concepts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eProfessional skepticism, evaluation of misstatements, external confirmations, audit documentation discipline, accounting estimates, journal entry testing, ledger scrutiny and the use of analytics\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Evidence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSufficiency, appropriateness, reliability factors, sources and types of evidence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOpening Balances under SA 510\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eContinuing engagements, initial engagements and reliance on the predecessor auditor\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Sampling\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTypes, factors affecting sample size, the sampling process and conclusions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBalance Sheet Item Audits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eShare capital, reserves and surplus, borrowings, trade payables, other liabilities, provisions and contingent liabilities, property plant and equipment, intangible assets, investments, inventories, trade receivables, loans and advances, and cash and bank balances\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProfit and Loss Item Audits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eRevenue from operations, other income, purchases, employee benefits expenses (\u003cem\u003ewith new Labour Code implications\u003c\/em\u003e) and other expenses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRelated Party Transactions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIdentification, audit procedures, communication and disclosure under AS 18\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConsolidated Financial Statements\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAuditor's responsibilities, considerations and reporting\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecialised Engagement Areas\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBank audit overview, assessment of going concern under SA 570 and subsequent events under SA 560\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEngagement and Quality Control\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStandards on Auditing landscape, SQC 1 framework, transition to SQM 1 and SQM 2, specific documentation requirements and QRB inspection findings 2024–25\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAccounting Policies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConcept, statutory framework, role in financial reporting, Schedule III alignment, common deficiencies observed in regulatory reviews and the conditions under which policy deficiencies become audit report matters\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAudit Completion and Reporting\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eQuality assurance procedures, reassessment of materiality, evaluation of misstatements and internal control, written representations, forming of opinion, modifications, key audit matters and reporting under the Companies Act 2013\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCARO 2020 and Audit Trail Reporting\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eReporting under the Companies (Auditor's Report) Order 2020 and on the audit trail rule\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegulatory Mechanism in India\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eKey regulators—MCA, NFRA, ICAI, RBI, SEBI, IRDAI, IBBI—and considerations arising out of their reviews\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into fifty-one chapters arranged into three progressive blocks that follow the actual audit lifecycle from engagement acceptance to reporting.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock I | Engagement Acceptance, Risk Assessment and Audit Planning (Chapters 1–20)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Establishes financial statement audit fundamentals; auditor appointment, rotation, resignation and removal; joint audit; RoMM, inherent risk and fraud risk assessment; IT environment evaluation; internal controls and use of the internal auditor; materiality; response to assessed risks; further audit procedures; engagement team discussions; audit management and logistics; governance communication at planning stage; completion of planning; core concepts (\u003cem\u003eskepticism, documentation, estimates, journal entry testing, ledger scrutiny\u003c\/em\u003e); audit evidence; opening balances and audit sampling\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock II | Substantive Audit of Financial Statement Components (Chapters 21–37)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Sets out item-by-item audit of balance sheet captions and profit and loss line items, including share capital, reserves and surplus, borrowings, trade payables and other liabilities, provisions and contingent liabilities, property plant and equipment, intangible assets, investments, inventories, trade receivables, loans and advances, cash and bank balances, revenue from operations, other income, purchases, employee benefits expenses (\u003cem\u003eincorporating Labour Code impact\u003c\/em\u003e) and other expenses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock III | Specialised Procedures, Quality Control and Reporting (Chapters 38–51)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Addresses other audit procedures, related party transactions, consolidated financial statements, bank audit overview, going concern, subsequent events, engagement and quality control standards, accounting standards overview, written representations, audit quality assurance and completion, governance communication at completion, audit reporting (including CARO, audit trail and non-corporate entities), the regulatory mechanism in India and accounting policies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithin each block, every chapter follows a uniform internal architecture:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eConceptual Introduction\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e setting out the underlying statutory and accounting framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAudit Procedures\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e organised by assertion, identified risk and management's representations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eReporting Requirements\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e under the Companies Act 2013 and CARO 2020 where applicable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDisclosure Requirements\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e under Schedule III (Division 1) and the relevant Accounting Standard\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e containing checklists, confirmation templates, working papers, schedules and illustrative reports\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45413255741463,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/AuditofFinancialStatements.png?v=1787729104"},{"product_id":"cbdts-faqs-guidance-notes-on-forms-prescribed-under-income-tax-rules-2026","title":"CBDT's FAQs \u0026 Guidance Notes on Forms Prescribed under Income tax Rules 2026","description":"\u003cp\u003e\u003cspan\u003eIndia's income-tax compliance architecture has been comprehensively recodified under the Income-tax Act 2025 and the Income-tax Rules 2026. Every prescribed form has been renumbered, redesigned, and digitally restructured. To assist taxpayers and professionals in navigating this transition, the Central Board of Direct Taxes has issued official Guidance Notes and FAQs for each prescribed form. This Taxmann volume consolidates the entirety of that CBDT-issued material—covering approximately 167 forms across 863 pages—making it the single authoritative reference for form-level compliance under the new regime. The publication contains no third-party commentary. The interpretive voice throughout is the CBDT's own.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book in intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Tax Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e required to certify, audit, or file reports in prescribed forms, and who need authoritative CBDT-issued guidance on form completion and filing methodology\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax and Finance Functions \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003emanaging TDS\/TCS compliance, advance tax intimations, APA filings, CbCR reporting, and MAT\/AMT computations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTransfer Pricing Specialists \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003edealing with TP audit reports, Safe Harbour applications, APA negotiations, MAP invocations, and CbCR constituent entity filings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Secretaries and Cost Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e involved in secretarial compliance, amalgamation certifications, tonnage tax audits, and statutory reporting under special regimes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNon-Profit Organisations and Charitable Trusts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e navigating the registration, approval, accumulation, and audit form requirements under sections 332 and 354\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppellate Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling proceedings before JCIT(A), CIT(A), ITAT, and High Courts, as well as Dispute Resolution Committee and advance ruling applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Officials and Administrators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking to understand prescribed form requirements and the CBDT's own interpretive position on those forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIT and Compliance Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eimplementing the new e-filing system, for whom the guidance's documentation of smart form changes, auto-population logic, API integrations, and UDIN requirements is directly operational\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, edited by Taxmann’s Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCBDT Guidance as Primary Authority\u003c\/strong\u003e] Every guidance note reproduced is CBDT-issued—not a practitioner's interpretation. Where a professional has relied on this guidance in completing a prescribed form, that reliance carries formal weight in compliance and penalty proceedings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual Statutory Cross-Reference Throughout\u003c\/strong\u003e] Every form entry carries an explicit footnote cross-referencing its predecessor form under the 1962 Rules and mapping the governing section from the Income-tax Act 1961 to its equivalent in the Income-tax Act 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStandardised Guidance Architecture\u003c\/strong\u003e] Every form in the volume follows a consistent internal structure:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePurpose\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — What the form accomplishes and which statutory provision it serves\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eWho Should File\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Eligible\/obligated categories of taxpayers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFrequency and Due Dates\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Filing calendar, including quarter-wise tables where applicable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eStructure of the Form\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Part-by-part breakdown of what information is required and why\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFiling Method\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Online-only, DSC or EVC, UDIN requirements for accountant certificates\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eHistorical Filing Count\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Actual filing volume data from prior years\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChanges Proposed\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Qualitative explanation of what has changed from the predecessor form\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFAQs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Numbered Q\u0026amp;A covering mandatory filing, revision eligibility, consequences of non-filing, document requirements, and common errors\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSubstantive Guidance Depth\u003c\/strong\u003e] The guidance is not perfunctory. For complex forms, it runs to multiple pages of substantive analysis. This is practical, deployment-ready material\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSmart Form Transition Documentation\u003c\/strong\u003e] The guidance systematically documents the shift from the old form architecture to the new digital framework—including auto-population of taxpayer master data, real-time field validations, dropdown-based category selection, API integrations, UDIN linkage for accountant certificates, and the replacement of 'Assessment Year\/Financial Year\/Previous Year' with 'Tax Year' throughout. These changes are documented form-by-form, making the guidance equally useful for the IT teams implementing the new e-filing system\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe 863 pages cover the complete form set across eight functional domains:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSource Taxation (TDS\/TCS)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eQuarterly Salary TDS Statement — Form 138 (successor to Form 24Q)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuarterly Non-Salary Domestic TDS Statement — Form 140 (successor to Form 26Q)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuarterly Non-Resident TDS Statement — Form 144 (successor to Form 27Q)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuarterly Virtual Digital Asset TDS Statement — Form 142\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuarterly TCS Statement — Form 143 (successor to Form 27EQ)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTDS\/TCS Certificates — Forms 130–133\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGovernment Book-Adjustment TDS\/TCS Statement — Form 137 (successor to Form 24G)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eChallan-Cum-Statement — Form 141\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIFSC Unit Remittance Statement — Form 148\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAccountant Certificates to Avoid Deductor-in-Default Classification — Forms 149–150\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Taxation and Transfer Pricing\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTP Audit Report for International and Specified Domestic Transactions — Form 48 (successor to Form 3CEB); receives the most detailed guidance in the volume, including full method-wise ALP computation illustrations for all five TP methods\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSafe Harbour Application — Form 49\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePre-filing Consultation Application — Form 50\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAPA Application, Annual Compliance Report, and Renewal — Forms 51–54\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMAP Invocation — Form 55\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCbCR Constituent Entity Information, Designated Entity Intimation, and Parent Entity Report Under Section 511 — Forms 56–60\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNon-Resident Payment Information and Accountant Certificate (Functional Equivalents of Forms 15CA and 15CB) — Forms 145–146\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRoyalty and FTS Audit Report for Non-Residents — Form 24\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCertificate of Residence for Treaty Purposes — Forms 42–43\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNon-Profit Organisations and Charitable Trusts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eProvisional Registration and Approval Application — Form 104\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRegular Registration under Section 332 and Approval under Section 354 — Form 105; guidance covers six distinct re-registration scenarios and the new 10-year registration window for smaller NPOs under the Income-tax Act 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProvisional Registration and Approval Orders, Including Rejection — Form 106\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRegular Registration\/Approval Grant, Rejection, and Cancellation Orders — Form 107\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eOption for Application of Income for Charitable or Religious Purposes — Form 108\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncome Accumulation Statement under Section 342(1) — Form 109\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eChange-of-Purpose Application for Accumulated Income — Form 110\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNPO Audit Report under Section 348 — Form 112\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDonee Statement and Donation Certificate under Section 354 — Forms 113–114\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Regimes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTonnage Tax Option\/Renewal Application and Audit Report — Forms 80–81\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSEZ Unit Deduction Particulars under Section 144 — Form 33\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAdditional Employee Cost Deduction Report — Form 34\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eOBU and IFSC Income Deduction Report — Form 35\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSpecified Fund Concessional Taxation Statement and OBU Investment Division Certifications — Forms 68–71\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncome Statements for Securitisation Trusts, VCCs\/VCFs, Business Trusts, and Investment Funds (Both Entity-Level and Investor-Level) — Forms 72–79\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePatent Royalty Taxation Option — Form 65\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMAT Book Profit Computation Report — Form 66\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAMT Adjusted Total Income Computation Report — Form 67\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScientific Research and Investment Incentives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eZero Coupon Bond Notification Application and Annual Compliance Certification — Forms 2–3\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePreliminary Expense Statement and Audit Report — Forms 5–6\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eApproval, Order, Receipt, and Reporting Chain for CBDT-Approved Scientific Research Programmes Under Section 45(3)(C) — Forms 7–10\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIn-House R\u0026amp;D Facility Agreement, Accountant Report, and Approval Order — Forms 11–14\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eResearch Institution Donation Statement, Certificate, and Approval Forms — Forms 15–17\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAffordable Housing Project Notification — Form 18\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSemiconductor Wafer Fabrication Unit Notification — Form 19\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAgricultural Extension Project Approval and Notification — Forms 20–21\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSkill Development Project Approval and Notification — Forms 22–23\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppellate and Dispute Resolution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAppeal To JCIT(A) or CIT(A) — Form 99\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAudit Report and Inventory Valuation Report under Section 268(5) — Forms 100–101\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eITAT Appeal Form and Memorandum of Cross-Objections — Forms 115–116\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIdentical Question of Law Declaration and Appeal Deferment Application — Forms 117–118\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDispute Resolution Committee Application — Form 119\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAdvance Ruling Application — Form 120\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNon-Resident and Foreign Income\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStatement of Foreign Income and Foreign Tax Credit — Form 44\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFTC Dispute Intimation — Form 45\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRelief on Arrear Salary, Gratuity, Retrenchment Compensation, and Pension Commutation — Form 39\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRetirement Benefit Account Taxation Option — Form 40\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTreaty Information Under Section 159(8) — Form 41\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNon-Domiciled Person Undertakings, No-Objection Certificate, and Clearance Certificate — Forms 154–159\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAnnual Statement under Section 505 — Form 162\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInformation and Documents for Indian Concerns Under Section 506 — Form 163\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFilm Production and Specified Activity Statement Under Section 507 — Form 164\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAnnual Information Statement — Form 168\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegistration and Administration\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePAN Allotment for All Four Taxpayer Categories (\u003cem\u003eIndian Individuals, Indian Entities, Foreign Individuals, Foreign Entities\u003c\/em\u003e) — Forms 93–96\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTAN Allotment — Forms 134–135\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAccounts Office Identification Number (AIN) Application — Form 136\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIncome-Tax Practitioner Registration — Form 171\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProvident Fund Subscriber Account Maintenance and Recognition Application — Forms 185–186\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSuperannuation Fund and Gratuity Fund Approval Application — Form 188\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAppeal Against Fund De-Recognition or Approval Withdrawal — Form 187\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePublic Company Issue Approval and Mutual Fund Approval under Schedule XV — Forms 189–190\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eEvery form entry functions as a self-contained compliance dossier, uniformly structured across all 167 forms in the volume. Each entry contains:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePredecessor Form Identity\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Explicit cross-reference to the corresponding form under the 1962 Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGoverning Rule\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The specific rule under the Income-tax Rules 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eApplicable Section\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Mapped to the Income-tax Act 2025\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFiling Calendar — Frequency, due dates, and quarter-wise tables where applicable\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart-By-Part Form Breakdown\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Field-level explanation of what information is required and why\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFAQ Set\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Numbered Q\u0026amp;A covering mandatory filing status, revision eligibility, consequences of non-filing, document requirements, and common errors\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChanges From Predecessor Form\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Explicit documentation of what has been added, modified, or removed relative to the old form\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45454099349527,"sku":null,"price":696.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CBDT_sFAQs_GuidanceNotesonFormsPrescribedunderIncome-taxRules2026.png?v=1787729016"},{"product_id":"direct-taxes-manual","title":"Direct Taxes Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the most exhaustive statutory reference compilation in Indian direct taxation—a work that has maintained its position as the authoritative practitioner's desk set for 56 consecutive annual editions. The 2026 Edition arrives at the most consequential juncture in post-independence Indian tax history: the full transition from the Income-tax Act 1961 to the Income-tax Act 2025 (\u003cem\u003eAct No. 30 of 2025\u003c\/em\u003e).\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eVolume 1 presents the ITA 2025—a restructured, 536-section, 23-chapter statute with 15 Schedules—as its primary legislative text, fully amended by the Finance Act 2026. The 1961 Act has been preserved in the fabric of this Edition through the most elaborate bi-directional cross-reference architecture—mapping every section, every rule, and every form between the two regimes. The Finance Act 2026 is reproduced in full and amends both the Income-tax Act 1961 (\u003cem\u003efor the assessment year commencing 1 April 2026\u003c\/em\u003e) and the Income-tax Act 2025 (\u003cem\u003efor the tax year commencing 1 April 2026 onwards\u003c\/em\u003e)—a dual-regime enactment. Volume 2 reproduces the Income-tax Rules 2026 (\u003cem\u003ethe new procedural code, incorporating G.S.R. No. 198(E) dated 20 March 2026\u003c\/em\u003e) alongside 27 additional divisions of subordinate legislation, procedural schemes, and tax administration frameworks. Volume 3 compiles over a century of judicial precedent (\u003cem\u003e1922–February 2026\u003c\/em\u003e), six decades of CBDT administrative guidance (\u003cem\u003e1961–February 2026\u003c\/em\u003e), and a comprehensive lexicon of judicially interpreted statutory terms—all re-indexed section-by-section against the Income-tax Act 2025.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants and Tax Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor current-year compliance under the ITA 2025 (\u003cem\u003enew tax regime, capital gains, TDS\/TCS under Chapter XIX, return filing under Chapter XV\u003c\/em\u003e) alongside legacy 1961 Act assessments, with the cross-reference tables providing instant transitional navigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Litigation Specialists\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor High Court and Supreme Court work, where access to 104 years of judicial digests (\u003cem\u003e1922–February 2026\u003c\/em\u003e) mapped against 2025 Act sections, and the judicially defined words and phrases compilation, are primary reference tools\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax and Transfer Pricing Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor transfer pricing compliance under Chapter X (Se\u003cem\u003ections 161–173, including APA procedures and safe harbour rules\u003c\/em\u003e), ICDS application, MAT\/AMT under Chapter XIII, and IFSC-related exemptions under Schedule VI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNon-Profit Organisations and Their Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor the new, expanded NPO regime under Chapter XVII (\u003cem\u003eSections 332–355\u003c\/em\u003e) covering registration, corpus donation, accumulated income, taxable regular income, switching between regimes, and the complete commercial activities framework\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment Tax Officers (IRS\/CBDT)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor the full text of all faceless proceedings schemes, the complete CBDT circular archive, and the administrative provisions of Chapters XIV–XVI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFinancial Institutions and Banks\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor TDS\/TCS under the comprehensive Chapter XIX (\u003cem\u003eSections 392–402, covering salary TDS, 80+ categories of TDS under Section 393, TCS under Section 394\u003c\/em\u003e), ICDS compliance (\u003cem\u003eDivision 2, Volume 2\u003c\/em\u003e), and recognised provident\/superannuation fund rules under Schedule XI\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Faculty and Tax Researchers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor the most complete single-source judicial record of Indian income tax law across a 100-year arc\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 56\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIncome-tax Act 2025—First Edition as Primary Statute\u003c\/strong\u003e] The 56\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eEdition is the first to present the Income-tax Act 2025 (\u003cem\u003eAct No. 30 of 2025\u003c\/em\u003e) as the primary statute, fully amended by the Finance Act 2026. The text includes a chapter-wise arrangement of sections, editorial footnotes cross-referring every provision to its 1961 Act counterpart, an Allied Laws Appendix reproducing all allied statutes and regulations cited within the Act (\u003cem\u003eincluding Companies Act 2013 Schedule III, PMLA, SEBI Regulations\u003c\/em\u003e), and a comprehensive subject index\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Both Regimes Covered\u003c\/strong\u003e] The complete text of the Finance Act 2026 is reproduced, covering amendments to both the Income-tax Act 1961 (\u003cem\u003ePart A: Sections 4–34, for AY 2026-27\u003c\/em\u003e) and the Income-tax Act 2025 (\u003cem\u003ePart B: Sections 35–158, for tax year 2026-27 onwards\u003c\/em\u003e), along with Chapter VI (\u003cem\u003eMiscellaneous\u003c\/em\u003e) and the First Schedule (\u003cem\u003etax rates\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBi-Directional Cross-Reference Tables—Acts, Rules, and Forms\u003c\/strong\u003e] Six exhaustive cross-reference tables are placed at the front of Volumes 1 and 2.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eVolume 1 carries two bi-directional section concordances (\u003cem\u003eITA 1961 ↔ ITA 2025\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eVolume 2 carries four tables covering bi-directional rule mappings (\u003cem\u003eIT Rules 1962 ↔ IT Rules 2026\u003c\/em\u003e) and bi-directional form mappings (\u003cem\u003eIT Forms 1962 ↔ IT Forms 2026\u003c\/em\u003e)—each with headings reproduced on both sides\u003c\/li\u003e\n\u003cli\u003eThese tables are the primary transitional navigation tool for practitioners working across both regimes simultaneously\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eIncome-tax Rules 2026—Complete Text with Computational Illustrations\u003c\/strong\u003e] The full text of the Income-tax Rules 2026 (\u003cem\u003eincorporating G.S.R. No. 198(E) dated 20-03-2026\u003c\/em\u003e) is reproduced with an arrangement of rules, detailed computational illustrations—including Rule 81's TNMM weighted average PLI calculations with multi-year tabular comparables for transfer pricing—an Allied Laws Appendix, and a subject index\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLandmark Rulings of Supreme Court and High Courts (1922–February 2026)\u003c\/strong\u003e] Volume 3 compiles over a century of direct tax judicial precedent, systematically re-indexed section-by-section against the Income-tax Act 2025 with corresponding 1961 Act section references in brackets. Entries are substantive digests, not bare citations. Coverage spans foundational interpretive questions (\u003cem\u003eaccrue\/arise\/receive under Section 5; control and management under Section 6\u003c\/em\u003e) to capital gains issues (\u003cem\u003estamp duty valuation and DVO jurisdiction under Section 78; residential house exemption under Section 82\u003c\/em\u003e) and includes 2024–2025 Supreme Court decisions. Both a section-key and alphabetical key are provided\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWords and Phrases Judicially Defined—Cross-Indexed to the 2025 Act\u003c\/strong\u003e] A dedicated compilation in Volume 3 presents every significant statutory term that has been judicially interpreted—'business,' 'trade,' 'adventure,' 'accrue,' 'arise,' 'agricultural income,' 'control and management,' 'amalgamation,' and others—with structured digests of the relevant Supreme Court and High Court rulings. All entries carry both the 2025 Act section reference and the corresponding 1961 Act section, and the compilation is navigable through a section-key and an alphabetical key\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBDT Circulars, Clarifications and Notifications (1961–February 2026)\u003c\/strong\u003e] The complete archive of CBDT administrative guidance relevant under the Income-tax Act 2025—spanning six decades from 1961 to February 2026—is compiled in Volume 3, organised by section of the 2025 Act with 1961 Act section cross-references. Coverage includes TDS\/TCS e-filing procedure circulars, bad debt write-off instructions (\u003cem\u003eInstruction No. 17\/2008\u003c\/em\u003e), depreciation on hire-purchase assets, sector-specific notifications (\u003cem\u003eNABARD, OIDB, NDDB, Credit Guarantee Fund Trust\u003c\/em\u003e), and exemption-related notifications. Both a section-key and alphabetical key are provided\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e28 Divisions of Subordinate Legislation in Volume 2\u003c\/strong\u003e] Volume 2 is organised into 28 self-contained divisions, each with arrangement of rules\/paragraphs, full statutory text, and (\u003cem\u003ewhere applicable\u003c\/em\u003e) a subject index, covering the complete spectrum of direct tax procedural and administrative law—from the Income-tax Rules 2026 and ICDS, through all five faceless proceedings schemes (\u003cem\u003eFaceless Assessment, Penalty, Appeal, Jurisdiction, and Inquiry\/Valuation\u003c\/em\u003e), e-Appeals, e-Advance Rulings, e-Dispute Resolution, ITAT Rules 1963, Capital Gains Accounts Scheme, DRP Rules, Certificate Proceedings Rules, savings-linked investment schemes, and more\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e] Volume 1 reproduces the complete text of the newly introduced Foreign Assets of Small Taxpayers Disclosure Scheme 2026, making it immediately accessible to practitioners advising on its compliance window\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDirect Tax Vivad Se Vishwas Framework\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cli\u003eThe full Vivad Se Vishwas framework is consolidated in Volume 1: the Scheme text, the Rules, and all relevant CBDT notifications and circulars—providing practitioners with the complete dispute settlement reference in one place\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume-wise coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 – Acts (1,468 Pages | As amended by Finance Act 2026)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eCross-reference Concordance Tables\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— ITA 1961 ↔ ITA 2025 (\u003cem\u003ebi-directional, ~180 pages\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eIncome-tax Act 2025 (Act No. 30 of 2025)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— 536 sections, 23 chapters, 15 Schedules; as amended by Finance Act, 2026; with editorial footnotes, Allied Laws Appendix, and subject index\u003cspan\u003e \u003c\/span\u003e\u003cem\u003e(~800 pages\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eFinance Act 2026\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Complete text including rates for both Acts, all amendment sections (\u003cem\u003e~90 pages\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eProhibition of Benami Property Transactions Act 1988\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— As amended to date\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSecurities Transaction Tax Act\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— As amended by Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eCommodities Transaction Tax Act\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— As amended by Finance Act 2026, with Black Money Rules 2015\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDirect Tax Vivad Se Vishwas Scheme 2024\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Scheme, Rules, notifications\/circulars\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 – Rules (1,912 Pages | Incorporating G.S.R. No. 198(E), dated 20-03-2026)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eCross-reference Tables\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— IT Rules 1962 ↔ IT Rules 2026; IT Forms 1962 ↔ IT Forms 2026 (\u003cem\u003efour bi-directional tables, ~200 pages\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e28 Divisions of subordinate legislation, procedural schemes, and tax administration framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 3 – Judicial and Administrative Reference (1,746 Pages | Amended up to March 2026)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision 1 — Schemes\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e(14 schemes: ELSS, PPF, Sukanya Samriddhi, Kisan Vikas Patra, Mahila Samman Savings Certificate, Senior Citizens Savings, Income Tax Informants Rewards, Tax Return Preparer, Electoral Bond, Benami Adjudicating Authority Service Rules, Tonnage Tax Training Guidelines, AAR Appointment Rules, Income-tax Welfare Fund Rules, Hospitalisation Policy)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision 2 — Words \u0026amp; Phrases Judicially Defined\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Section-key, alphabetical-key, and full digests\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision 3 — CBDT Circulars, Clarifications \u0026amp; Notifications [1961–February 2026]\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Section-key, alphabetical-key, and full texts\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision 4 — Landmark Rulings of SC\/High Courts [1922–February 2026]\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Section-key, alphabetical-key, and full digests\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe three-volume set follows the natural hierarchy of legal authority: primary legislation (\u003cem\u003eVolume 1\u003c\/em\u003e) → subordinate legislation and procedural rules (\u003cem\u003eVolume 2\u003c\/em\u003e) → interpretive and administrative reference (\u003cem\u003eVolume 3\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eWithin each volume, content is organised into numbered, self-contained divisions, each containing its own arrangement of sections, rules, full statutory text, and, where applicable, a subject index.\u003c\/li\u003e\n\u003cli\u003eEditorial footnotes within the ITA 2025 text in Volume 1 actively cross-refer the reader to the corresponding Words \u0026amp; Phrases and CBDT Circular compilations in Volume 3\u003c\/li\u003e\n\u003cli\u003eThe bi-directional cross-reference tables (\u003cem\u003etwo for Acts in Volume 1; two for Rules and two for Forms in Volume 2\u003c\/em\u003e) are the structural load-bearing instruments of the regime transition. They are positioned at the front of their respective volumes—signalling their operational primacy over commentary\u003c\/li\u003e\n\u003cli\u003eA practitioner working on a legacy assessment under the 1961 Act can navigate instantly to the parallel provision in the 2025 Act, and vice versa, without leaving the set\u003c\/li\u003e\n\u003cli\u003eNo single volume is designed to function independently. The footnote architecture, cross-reference tables, and divisional structure are built as an integrated three-volume research tool\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450023600151,"sku":null,"price":6107.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/DirectTaxesManual.png?v=1787914405"},{"product_id":"combo-for-direct-taxes-income-tax-act-2025-income-tax-rules-2026-direct-taxes-ready-reckoner","title":"COMBO for Direct Taxes – Income Tax Act 2025, Income Tax Rules 2026 \u0026 Direct Taxes Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eESSENTIALS COMBO for Direct Taxes\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's most consequential publishing milestone of 2026—a curated set of three definitive volumes that, taken together, constitute the complete statutory, procedural, and practical infrastructure required to navigate Indian direct tax law under the new legislative framework. This is not a bundle of convenience. It is a precision-assembled reference architecture, designed around a single operational reality: the Income-tax Act 2025 has fundamentally restructured Indian direct tax law for the first time in over six decades, the Income-tax Rules 2026 have replaced the Rules of 1962 in their entirety, and the Finance Act 2026 has simultaneously amended both. No practitioner, corporate tax function, or tax authority can work effectively with any one of these instruments in isolation. Each volume in this set is indispensable; each reinforces and cross-references the others; and together they provide coverage that no single-volume publication, however comprehensive, can replicate. The three volumes are:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Act 2025 | 73\u003csup\u003erd\u003c\/sup\u003e Edition\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe fully annotated primary statute, updated through Finance Act 2026, with a four-dimension annotation system, three-tier 1961–2025 cross-reference apparatus, five legislative instruments, and an allied laws appendix. The definitive single-volume statutory reference on the Income-tax Act 2025.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Rules 2026 | 65\u003csup\u003eth\u003c\/sup\u003e Edition\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe complete corpus of income tax procedural law—core Rules, ICDS, faceless schemes, appellate rules, transaction tax rules, savings schemes, and subordinate legislation—across 21 self-contained divisions, with triple-layer annotation and bidirectional cross-reference tables between the 1962 and 2026 Rules\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Ready Reckoner | 50\u003csup\u003eth\u003c\/sup\u003e Golden Jubilee Edition\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe authoritative practitioner's annual—integrating Finance Act 2026 amendments, computational tables, case studies, TDS\/TCS matrices, penalty references, and compliance calendars—updated for AY and Tax Year 2026-27, authored by Dr Vinod K. Singhania across five decades of uninterrupted scholarship\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe ESSENTIALS COMBO is calibrated for every professional category across India's direct tax ecosystem. It is the definitive desk reference for:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Chartered Accountants, Tax Advocates, and Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in advisory, return filing, compliance, litigation support, and tax planning—who require simultaneous access to the primary statute, procedural rules, and practical computational guidance without recourse to multiple separate publications\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax Departments and CFOs\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eof listed, unlisted, and multinational companies navigating the transition from the 1961 Act to the 2025 Act—particularly across MAT computation, transfer pricing, capital gains, TDS compliance, the new tax regime for domestic companies, and faceless assessment procedures\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Income-tax Department, Appellate Authorities, and ITAT Members\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003econducting assessments, reassessments, search and survey proceedings, and hearing appeals under the revised faceless framework—who need access to both the statutory text and the procedural rules in parallel\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInternational Tax Practitioners and Transfer Pricing Specialists\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on DTAA positions, non-resident taxation, GAAR, CbCR, APAs, and IFSC unit taxation—all significantly restructured and re-sectioned under the 2025 Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Firms, Big Four Advisory Practices, and Boutique Direct Tax Firms\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling advisory, structuring, and litigation mandates, in which the statutory text, procedural rules, and current practical guidance must all be accessible from a single reference set.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Administrators, Revenue Officials, and Enforcement Authorities\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring authoritative, always-current reference across rates, limitation periods, procedural timelines, and penalty provisions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents and Aspirants of CA Final, CS Executive\/Professional, CMA Final, and LL.M. Programmes\u003c\/em\u003e\u003c\/strong\u003e, for whom the set provides primary statutory authority, annotated procedural law, and practically illustrated substantive analysis in a single acquisition\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Researchers, Doctoral Scholars, and Law and Commerce Faculty\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking in direct tax law and requiring the most comprehensive and accurately annotated version of the new legislative framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest 2026 Edition, amended by the Finance Act 2026 and G.S.R. No. 198(E); dated 20-03-2026, updated until March 2026. It is edited and authored by Taxmann’s Editorial Board and Dr Vinod K. Singhania, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAcross the COMBO\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Legislative Triangle in One COMBO\u003c\/strong\u003e] Covers the Income-tax Act 2025, Income-tax Rules 2026, and Finance Act 2026 in full—the three instruments that together constitute the operative direct tax framework for AY 2026-27\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCurrent as at G.S.R. No. 198(E) dated 20-03-2026\u003c\/strong\u003e] Incorporates the most recent subordinate legislation under the new framework, making this the most current edition available at the time of publication\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDual-Framework Operation Throughout\u003c\/strong\u003e] All three volumes explicitly support concurrent operation under the Income-tax Act 1961 (\u003cem\u003efor pre-2025 assessments\u003c\/em\u003e) and the Income-tax Act 2025 (\u003cem\u003efor new assessments\u003c\/em\u003e)—with parallel citations, bidirectional cross-reference tables, and inline correspondence notations built into every volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInternal Cross-Referencing Across All Three Volumes\u003c\/strong\u003e] Act references in the Rules point to 1961 Act sections; DTRR section references default to the 2025 Act and 2026 Rules throughout—the set functions as an integrated reference system\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Act 2025 | 73\u003csup\u003erd\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eEdition\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFour-Dimension Annotation Architecture\u003c\/strong\u003e] Every section of the 2025 Act is annotated across four structured layers:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eCorresponding rules and prescribed forms under the Income-tax Rules 2026\u003c\/li\u003e\n\u003cli\u003eApplicable CBDT circulars and notifications—including operative historical circulars from the 1970s and 1980s\u003c\/li\u003e\n\u003cli\u003eJudicially noticed words and phrases, flagged at the precise provision where they arise\u003c\/li\u003e\n\u003cli\u003eAllied law provisions, identified in the annotation and reproduced in full in the Appendix—eliminating the need to consult a separate volume of statutes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Tier 1961–2025 Cross-Reference Apparatus\u003c\/strong\u003e] The most operationally critical feature for practitioners trained under the old Act:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eInline 'Corresponding Provision' reference after every section\u003c\/li\u003e\n\u003cli\u003eTable 1 mapping every 1961 Act section to its 2025 equivalent\u003c\/li\u003e\n\u003cli\u003eTable 2 mapping every 2025 Act section to its 1961 origin\u003c\/li\u003e\n\u003cli\u003eA comprehensive clause-level table mapping every sub-section and clause of the 2025 Act to the corresponding sub-section and clause of the 1961 Act—running to several pages for complex provisions such as MAT\/AMT and scheme-framing powers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Fully Incorporated Inline\u003c\/strong\u003e] Every amendment is incorporated directly into the body of the relevant provision. Substituted sub-sections appear in their correct position; omissions are clearly marked; footnotes identify the change, effective date, and prior text\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFive Legislative Instruments in One Volume\u003c\/strong\u003e] Beyond the 2025 Act: Finance Act 2026, Securities Transaction Tax, Commodities Transaction Tax, and the Foreign Assets of Small Taxpayers Disclosure Scheme 2026—converting the volume into a complete desk reference for direct tax practice\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix of Allied Laws\u003c\/strong\u003e] Full text of every allied statute provision cited anywhere in the 2025 Act, covering the Companies Act 2013, Indian Partnership Act 1932, RBI Act 1934, LLP Act 2008, SCRA 1956, FEMA 1999, Bharatiya Nyaya Sanhita 2023, IT Act 2000, PFRDA Act, and regulatory frameworks under IRDAI and SEBI\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSubject Index as Reverse Entry Point\u003c\/strong\u003e] A detailed keyword and concept index providing concept-driven access to the Act, complementing the section-based and table-based navigation available at the front of the volume\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Rules 2026 | 65th Edition\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Text of Income-tax Rules 2026 with Parallel 1962 Citation\u003c\/strong\u003e] Every rule contains inline annotations citing the relevant provision of the Income-tax Act 1961, alongside the explicit corresponding rule and form number under the Income-tax Rules 1962—making the volume simultaneously serviceable to practitioners operating under either framework\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFour Master Cross-Reference Tables\u003c\/strong\u003e] Bidirectional rule-to-rule and form-to-form lookup tables (\u003cem\u003e1962 → 2026 and 2026 → 1962\u003c\/em\u003e), prominently positioned at the front of the volume for rapid transition navigation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTriple-Layer Annotation Within Rule Text\u003c\/strong\u003e] Three levels of cross-referencing embedded at the rule level\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eLegacy rule equivalent identified in the section heading\u003c\/li\u003e\n\u003cli\u003eAct-section footnotes citing the corresponding 1961 Act section within the rule body\u003c\/li\u003e\n\u003cli\u003eForm cross-references within rules that prescribe specific forms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive 21-Division Structure\u003c\/strong\u003e] Complete coverage across the entire spectrum of income tax procedural law—core Income-tax Rules 2026; ICDS; faceless assessment, appeal, penalty, inquiry, and reassessment schemes; ITAT rules; STT and CTT rules; savings schemes; certificate proceedings; and the Bank Term Deposit Scheme—each Division self-contained with its own arrangement of rules and full statutory text\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Laws Appendix\u003c\/strong\u003e] Full text of every allied statute provision referenced in the Income-tax Rules 2026, eliminating the need to consult separate statutes for procedural cross-references\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e58 Years of Uninterrupted Publication\u003c\/strong\u003e] Recognised as the most comprehensive and trusted compilation of income tax rules by practitioners, tax tribunals, and High Courts for over five decades—65 annual editions with consistent editorial standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDirect Taxes Ready Reckoner | 50th Golden Jubilee Edition\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026—Fully Integrated\u003c\/strong\u003e] All amendments incorporated directly into the relevant chapters and highlighted at the point of relevance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendments at a Glance with Case Studies\u003c\/strong\u003e] Referencer 2 provides a structured three-part dissection of every legislative change:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003ePart A covers Finance Act 2026 amendments to both the 1961 Act and the 2025 Act\u003c\/li\u003e\n\u003cli\u003ePart B maps key structural changes under the Income-tax Act 2025\u003c\/li\u003e\n\u003cli\u003ePart C covers procedural changes under the Income-tax Rules 2026—each amendment supported by practical illustrations and full numerical case studies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-wise Cross-reference Index\u003c\/strong\u003e] An exhaustive bidirectional index mapping every section of the 1961 Act to its corresponding provision in the 2025 Act at paragraph level—enabling instant location of any provision under either Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNew vs. Old Tax Regime—Complete Parallel Analysis\u003c\/strong\u003e] All provisions presented in parallel for both regimes across every assessee category; four distinct corporate tax rate regimes fully analysed—Section 199 (\u003cem\u003e25% for eligible manufacturers\u003c\/em\u003e), Section 200 (\u003cem\u003e22% for all domestic companies\u003c\/em\u003e), Section 201 (\u003cem\u003e15% for new manufacturing companies\u003c\/em\u003e), and Section 202 (\u003cem\u003edefault new regime with restricted exemptions and deductions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSalaries—Comprehensive Allowance Tables with Revised Quantum\u003c\/strong\u003e] All allowance categories covered with AY 2026-27 quantum limits, including revised children's education allowance, hostel expenditure allowance, and transport allowance for transport system employees; HRA computation covers the three-limb formula with worked examples, including the reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier from AY 2026-27\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePresumptive Taxation—Full Treatment with 1961 Act vs. 2025 Act Comparison\u003c\/strong\u003e] All three sub-schemes under Section 58 of the 2025 Act covered with comparative illustrations, including the critical departure under the 2025 Act requiring audit if income exceeds the basic exemption limit—irrespective of prior-year history under the scheme\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated Return—Multi-Scenario Analysis\u003c\/strong\u003e] Covers two key Finance Act 2026 amendments permitting updated return filing where a declared loss is reduced and post-reassessment notice under Section 280, with a four-scenario tax burden comparison worked through with complete rupee computations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTDS\/TCS—Exhaustive Coverage Across 100+ Provisions\u003c\/strong\u003e] Every withholding provision under Section 393 of the 2025 Act covered with its 1961 Act equivalent, applicable rates, threshold limits, surcharge and HEC overlay, form references, operative CBDT circulars, and landmark judicial rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePenalty Tables—Consolidated and Quantified\u003c\/strong\u003e] A comprehensive penalty reference table listing every default with the applicable section under both Acts, minimum and maximum penalties—including new obligations such as the crypto asset statement under Section 409(1), SFT defaults, and cash transaction violations under Sections 165–167\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-computed Tax Tables—Current and Historical\u003c\/strong\u003e] Part B provides pre-computed liability tables for AY 2026-27 across all assessee categories under both regimes; Part D provides historical tax tables for AY 2020-21 through AY 2025-26—enabling backward-looking liability computation for pending assessments and reassessments without recourse to prior-year volumes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e50th Golden Jubilee Edition—Authored by Dr Vinod K. Singhania\u003c\/strong\u003e] Five decades of authoritative annual commentary establishing the DTRR as the definitive desk reference in Indian direct taxation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Act 2025\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePreliminary Cross-Reference Tables (350+ pages)\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eTable 1 – 1961 Act → 2025 Act (\u003cem\u003eall sections, with headings for both Acts\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eTable 2 – 2025 Act → 1961 Act (\u003cem\u003ebidirectional reverse mapping\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eTable 3 – Comprehensive clause-level mapping across all sub-sections and clauses\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eDivision One — Income-tax Act 2025\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eComplete annotated text of all 535+ sections across 22 Chapters, as amended by Finance Act 2026; Appendix of Allied Laws; Subject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eDivisions Two through Five\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eFinance Act 2026 | Securities Transaction Tax | Commodities Transaction Tax | Foreign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Rules 2026\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCross-Reference Tables\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eFour master lookup tables: Rules 1962 → 2026, Rules 2026 → 1962, Forms 1962 → 2026, Forms 2026 → 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e21 Divisions\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eIncome-tax Rules 2026 | ICDS | e-Appeals Scheme 2023 | ITAT Rules 1963 | Faceless Appeal Scheme 2021 | Faceless Penalty Scheme 2021 | CTT Rules 2013 | STT Rules 2004 | Capital Gains Accounts Scheme 1988 | Benami Property Transactions Rules 2016 | Centralised Processing of Returns Scheme 2011 | e-Verification Scheme 2021 | e-Advance Rulings Scheme 2022 | Faceless Jurisdiction Scheme 2022 | e-Assessment of Income Escaping Assessment Scheme 2022 | Faceless Inquiry or Valuation Scheme 2022 | e-Dispute Resolution Scheme 2022 | Senior Citizens Savings Scheme 2019 | National Savings Certificates (VIII Issue) Scheme 2019 | Certificate Proceedings Rules 1962 | Bank Term Deposit Scheme 2006\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDirect Taxes Ready Reckoner\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003ePart A — Study of Direct Taxes\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\n\u003cem\u003e18 Referencers\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Tax rates for AY 2026-27 across all assessee categories | Amendments at a Glance (\u003cem\u003eFinance Bill 2026, 2025 Act, 2026 Rules\u003c\/em\u003e) | New Tax Regime (\u003cem\u003eSections 199–203\u003c\/em\u003e) | ICDS | Tax rates for last ten AYs | Gold and silver rates | Tax saving schemes | Depreciation rate tables | Deductions and allowances summary | Cost Inflation Index | NSC interest | Withholding tax rates including DTAA | Limitation periods | Notice issue time limits | Life insurance cumulative computation | Capital gains exemptions (\u003cem\u003eSections 82–88\u003c\/em\u003e) | Carry-forward of 1961 Act provisions | Key compliance dates\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSubstantive Chapters\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Salaries (\u003cem\u003eperquisites, allowances, retirement benefits, ESOP, provident fund, HRA—including reclassification of Hyderabad, Pune, Ahmedabad, and Bengaluru to the 50% metro tier\u003c\/em\u003e) | House Property | Business and Profession (\u003cem\u003eICDS, depreciation, presumptive taxation, MAT\/AMT, GAAR\u003c\/em\u003e) | Capital Gains (\u003cem\u003eindexed cost, FMV as on April 1, 2001, capital gains exemption chain, ULIP, electronic gold receipts, slump sale, merger\/demerger\u003c\/em\u003e) | Income from Other Sources (\u003cem\u003elife insurance taxation four-regime matrix, business trust distributions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eProcedural Chapters\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Clubbing of income | Set-off and carry-forward of losses | Exemptions and deductions | Return of income (\u003cem\u003eall five types, all due dates\u003c\/em\u003e) | Advance tax | TDS\/TCS (\u003cem\u003efull matrix\u003c\/em\u003e) | Tax liability computation templates | Penalty (\u003cem\u003econsolidated table, 50+ defaults\u003c\/em\u003e) | Interest | Non-profit organisations, business trusts, InvITs, tonnage tax, STT, CTT, cash transaction restrictions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003ePart B — Tax Tables (AY 2026-27)\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003ePre-computed liability tables across all assessee categories under new and old regimes; TDS\/TCS rate tables\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003ePart C — Market Quotations\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eGold and silver rate tables for FMV and indexed cost computations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003ePart D — Tax Tables of Past Six Assessment Years (AY 2020-21 to AY 2025-26)\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eHistorical computation tables for individuals, HUFs, and AOPs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe three volumes operate as an integrated reference system with layered navigation architecture.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Act 2025 | Five-Layer Navigation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 1 | Macro Cross-Reference Tables\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Three tables spanning 350+ pages mapping the entire 1961–2025 transition at section, sub-section, and clause level\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 2 | Chapter and Section Arrangement\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Chapter-by-chapter, section-by-section page reference across all 535+ sections within Division One\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 3 | Annotated Section Text\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Statutory text → 'Corresponding Provision' cross-reference → footnotes covering rules, forms, circulars, notifications, judicial vocabulary, and allied law references; Finance Act 2026 amendments incorporated inline\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 4 | Allied Laws Appendix\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Complete text of every allied statute provision cited in the Act, within the volume itself\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 5 | Subject Index\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Concept-driven reverse entry point into the Act, complementing section-based and table-based navigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIncome-Tax Rules 2026 | Four-Layer Navigation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 1 | Cross-Reference Tables\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Four master bidirectional lookup tables (\u003cem\u003erules and forms, 1962 ↔ 2026\u003c\/em\u003e) at the front of the volume\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 2 | 21 Self-Contained Divisions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Each Division independently structured with its own Arrangement of Rules or Paragraphs, full statutory text, and supplementary material where applicable\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 3 | Triple-Layer Annotation Within Rule Text\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Legacy rule equivalent in the section heading; Act-section footnotes within the rule body; form cross-references within prescribing rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eLayer 4 | Allied Laws Appendix\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Full text of every allied statute provision referenced in the Rules, within the volume itself\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003eDirect Taxes Ready Reckoner | Four-Part Reference Architecture\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003ePart A | Study of Direct Taxes\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— 18 Referencers followed by chapter-by-chapter substantive and procedural analysis\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePart B  | Tax Tables (AY 2026-27)\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— Pre-computed liability tables by assessee category; TDS\/TCS rate matrices\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePart C | Market Quotations\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Gold and silver rate tables for capital gains computations\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePart D | Historical Tax Tables\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— AY 2020-21 through AY 2025-26 for backward-looking liability computation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450033397783,"sku":null,"price":5939.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/ESSENTIALSCOMBOforDirectTaxes.png?v=1787914783"},{"product_id":"accounting-standards-as","title":"Accounting Standards (AS)","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eAccounting Standards (AS) \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a complete, current and self-contained reference to the Accounting Standards notified under the Companies Act 2013—the standards that govern financial reporting for every company outside the Ind AS framework.\u003cem\u003e \u003c\/em\u003eIn a single volume, it gives the reader three things:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eThe bare law, in full\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e. The entire Companies (Accounting Standards) Rules 2021—the notification, Rules 1 to 5, the General Instructions, and the complete text of all 27 Accounting Standards—reproduced exactly as notified. Nothing is paraphrased, abridged or summarised. Every paragraph number, every proviso, every Explanation, every transitional provision, and the typographic distinction between the bold-italic main principles and the plain-type supporting text are preserved as they appear in the Gazette.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eEvery worked example that comes with the standards\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e. The illustrations, model formats, comparative tables and decision trees attached to the standards are printed in full—a substantial part of the book's bulk, and the part most often trimmed elsewhere. This is what makes the volume usable at the desk rather than merely citable.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eAn analytical prologue on applicability\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e. Twenty-nine pages of editorial discussion precede the Rules, dealing with the question a practitioner has to settle before opening any standard: which framework applies to this company, and what can a Small and Medium-Sized Company leave out. This section is written as commentary—with worked examples, dated illustrations, comparison tables and the author's remarks—and is the one part of the book that goes beyond the notified text.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is a working reference rather than a textbook. It suits anyone who needs the authentic text of a standard quickly, and needs to be sure it is the current text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants in Practice\u003c\/em\u003e\u003c\/strong\u003e—for audit fieldwork, financial statement review, and certification work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStatutory Auditors of Private and Unlisted Companies\u003c\/em\u003e\u003c\/strong\u003e—the Rules bind the auditor as well as the company, which makes this an audit-desk volume as much as a preparer's one\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCFOs, Financial Controllers and Finance Teams of Non-Ind AS Companies\u003c\/em\u003e\u003c\/strong\u003e, who need one book on the shelf rather than a folder of downloaded notifications\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSmall and Medium-Sized Companies and their Advisors\u003c\/em\u003e\u003c\/strong\u003e—the reason to buy this particular volume over a plain bare-act reprint is its treatment of the SMC exemptions, which are set out both as a dedicated chapter and as provisos printed inside each affected standard\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBanks, Insurance Companies, Financial Institutions and NBFCs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003estill reporting outside Ind AS\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries and Cost \u0026amp; Management Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eworking on financial statements, board reporting and amalgamation schemes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners\u003c\/em\u003e\u003c\/strong\u003e, for whom AS 22, with its Income-tax-keyed explanations and illustrations, is the most-consulted standard in the book\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCA, CS and CMA Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e(Intermediate and Final) and academicians, who need the unedited standard alongside its official illustrations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLaw Firms, Valuers and Transaction Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eneeding an authoritative citation source\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, amended upto 1\u003csup\u003est\u003c\/sup\u003e August 2026. This book is edited by Taxmann’s Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAmended \u0026amp; Updated\u003c\/strong\u003e] The volume carries the Companies (Accounting Standards) Amendment Rules 2026 (\u003cem\u003ew.e.f. 10-3-2026\u003c\/em\u003e), with the newly inserted AS 22 paragraphs printed in position and footnoted to the amending notification, rather than appended as an addendum\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete \u0026amp; Unabridged\u003c\/strong\u003e] All 27 standards in full, plus the notification's own recital of the superseded 2006 Rules and the seven amendment notifications issued under them between 2008 and 2018. Everything needed to cite the provision accurately is on the page\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAll Illustrations Retained\u003c\/strong\u003e] The official illustrations, model formats and worked computations are printed in full, including two decision trees, model cash flow statements under both methods, condensed interim formats for a general enterprise and for a bank, seven EPS computations, eight impairment illustrations, and eleven provisioning scenarios\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSMC Exemptions Covered Twice Over\u003c\/strong\u003e] Once as a dedicated chapter that walks through the relief standard by standard with examples, and again inside the standards themselves, where sixteen provisos and two head-note relaxations appear at the precise paragraph they modify. An SMC preparer sees the relaxation at the point of application instead of having to cross-refer\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eApplicability Settled Before You Start\u003c\/strong\u003e] A three-tier framework table (\u003cem\u003eInd AS | AS | AS with relaxations\u003c\/em\u003e) and a standard-wise mandatory\/optional matrix covering all 27 standards for both SMCs and non-SMCs, so the threshold question is answered in two pages\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendment History Footnoted\u003c\/strong\u003e] Eleven footnotes across ten standards record whether each set of transitional provisions still operates under the 2021 Rules or was spent under the 2006 Rules, and further footnotes carry the notification history where a date has been successively substituted. This is the practical form the book's 'comparative study of the 2006 and 2021 Rules' takes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-References\u003c\/strong\u003e] Footnotes at the foot of the relevant page flag where one standard qualifies another, where a standard applies only in specified circumstances, and where a paragraph is disapplied to schemes approved under the Companies Act 2013\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDesigned for Look-Up\u003c\/strong\u003e] A contents list giving the opening page of every standard, running heads carrying the standard's name on every page, and footnotes keyed to the paragraph they qualify\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Organising Principle\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe volume is arranged in two stages, so that the applicability question is settled before the substantive text begins\u003c\/li\u003e\n\u003cli\u003eStage 1 answers which framework applies and what an SMC may leave out; Stage 2 gives the notified text itself\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eStage 1—The Analysis\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContents list, giving the arrangement of Rules and the opening page of every standard\u003c\/li\u003e\n\u003cli\u003eChapter 1—Backdrop\u003c\/li\u003e\n\u003cli\u003eChapter 2—New Accounting Standard Rules 2021 notified under the Companies Act 2013\u003c\/li\u003e\n\u003cli\u003eChapter 3—Exemptions\/Relaxations in Accounting Standards for SMCs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eStage 2—The Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of Rules\u003c\/li\u003e\n\u003cli\u003eThe Notification dated 23-6-2021, reproduced in full\u003c\/li\u003e\n\u003cli\u003eRules 1 to 5\u003c\/li\u003e\n\u003cli\u003eAnnexure Part A—General Instructions\u003c\/li\u003e\n\u003cli\u003eAnnexure Part B—Accounting Standards, AS 1 to AS 29 in numerical sequence\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eHow Each Standard is Laid Out\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA common opening—every standard begins with the same preamble on the equal authority of bold italic and plain type, and the direction to read it with the General Instructions in Part A\u003c\/li\u003e\n\u003cli\u003eThen a pattern that follows the standard's vintage:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eLater standards — Objective → Scope → Definitions → Requirements → Disclosure\u003c\/li\u003e\n\u003cli\u003eSix older standards — AS 1, AS 4, AS 9, AS 12, AS 13 and AS 14—open with an Introduction and close with Main Principles\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003ePrinted in place, wherever they occur:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eExplanations inserted by MCA\u003c\/li\u003e\n\u003cli\u003eTransitional provisions, with their footnotes\u003c\/li\u003e\n\u003cli\u003eSMC provisos, at the exact paragraph they modify\u003c\/li\u003e\n\u003cli\u003eThe attached illustrations, model formats, tables and decision trees\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNavigation Aids\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContents list giving the opening page of every standard\u003c\/li\u003e\n\u003cli\u003eRunning heads naming the standard on every page\u003c\/li\u003e\n\u003cli\u003ePage-foot footnotes tied to paragraph numbers\u003c\/li\u003e\n\u003cli\u003eCross-references pointing, where relevant, to a note printed under another standard\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450038738967,"sku":null,"price":626.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/AccountingStandards_AS.png?v=1787915248"},{"product_id":"benami-black-money-money-laundering-laws","title":"Benami Black Money \u0026 Money Laundering Laws","description":"\u003cp\u003e\u003cspan\u003eIndia's enforcement architecture against illicit wealth, concealed assets, and cross-border financial offences rests on a cluster of interlocking statutes—each with its own procedural framework, adjudicatory hierarchy, and penal consequence. Taxmann's \u003cem\u003eBenami Black Money \u0026amp; Money Laundering Laws\u003c\/em\u003e is the authoritative single-volume reference that consolidates all five of these foundational laws in their current, fully amended form. The 2026 Edition has been updated to incorporate every amendment effected by the Finance Act 2026—including the newly enacted Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (\u003cem\u003eSections 130–144 of the Finance Act 2026\u003c\/em\u003e), which makes its debut in this Edition as a standalone Division.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe volume captures the complete and evolving text of the Prohibition of Benami Property Transactions Act 1988, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015, the Fugitive Economic Offenders Act 2018, and the Prevention of Money-Laundering Act 2002—each accompanied by their subsidiary rules, regulations, circulars, notifications, and, where applicable, the governing case law. With 588 pages and a scope that ranges from the foundational definitions of 'benami transaction' and 'proceeds of crime' to the procedural mechanics of attachment, adjudication, confiscation, and prosecution, this volume serves as the practitioner's complete reference for India's anti-black money statutory regime.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis title is designed for a wide but specialised readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Litigators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before the Adjudicating Authority, Appellate Tribunal, Special Courts under PMLA and the Benami Act, and High Courts\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, and Tax Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising clients on compliance, disclosures, and enforcement risk under the Black Money Act and PMLA\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eEnforcement Directorate and Income Tax Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in investigation, attachment, and adjudication under these statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Counsel and Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewith exposure to AML obligations, KYC requirements, and reporting entity obligations under PMLA\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Researchers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein tax law, financial crime, and public law\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eHigh-net-worth Individuals and NRIs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewith undisclosed foreign assets who may benefit from the 2026 Disclosure Scheme\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBanks, NBFCs, and Other Reporting Entities\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003esubject to Aadhaar authentication mandates and maintenance-of-records obligations under PMLA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition and amended by the Finance Act 2026. This book is edited by Taxmann's Editorial Board with the following coverage.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Statutory Coverage\u003c\/strong\u003e] Five major statutes—together with their full complement of subsidiary rules, scheme regulations, and adjudicatory regulations—are consolidated in a single, coherently organised volume, eliminating the need to cross-reference multiple bare acts and gazette compilations\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated to Finance Act 2026\u003c\/strong\u003e] The Black Money Act 2015, the PMLA 2002, and the Benami Act 1988 are reproduced with all amendments incorporated up to and including the Finance Act 2026. Each provision carries precise amendment footnotes indicating the amending act, the date of effect, and the text of the superseded provision, enabling readers to trace the legislative history of every section\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/strong\u003e] Division Five is new to the 2026 Edition. It reproduces, in full, Sections 130 to 144 of the Finance Act, 2026—the complete statutory text of the Disclosure Scheme providing a limited-window amnesty for small taxpayers with undisclosed foreign assets not exceeding ₹1 crore, with a structured tax-plus-penalty regime and immunity from prosecution\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eEmbedded Case Law\u003c\/strong\u003e] The Benami Transactions Act and Black Money Act divisions contain annotated case law under individual sections—drawn from Supreme Court and High Court decisions—providing immediate judicial context to each provision without the need to consult a separate digest\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOfficial Notifications and Circulars\u003c\/strong\u003e] Every division carries the relevant official gazette notifications, CBDT circulars, and ministerial instructions applicable to that statute, including PMLA notifications relating to Aadhaar authentication by reporting entities, appointment of Special Public Prosecutors across all States and Union Territories, and KYC record-keeping obligations for SEBI-registered intermediaries\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Rules and Scheme Texts\u003c\/strong\u003e] All subsidiary rules, including the seven sets of Fugitive Economic Offenders Rules 2018 and the full suite of Prevention of Money-Laundering Rules 2005—are reproduced in their complete and current form, along with the Adjudicating Authority (Procedure) Regulations 2013\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAmendment Trail Transparency\u003c\/strong\u003e] Throughout the text, every substituted, inserted, or omitted provision is footnoted with the amending instrument and effective date, and, importantly, the prior text of the substituted or omitted provision is reproduced verbatim in the footnotes. This enables practitioners to establish the state of the law at any given point in the amendment history, which is especially significant in enforcement proceedings where the relevant provision depends on the date of the alleged transaction\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBenami Transactions Informants Reward Scheme 2018\u003c\/strong\u003e] This Division also includes the complete Reward Scheme, enabling reporting and compliance officers to advise on both enforcement risk and informant mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One | Prohibition of Benami Property Transactions Act 1988 with Rules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The foundational anti-benami statute, as comprehensively overhauled by the Benami Transactions (Prohibition) Amendment Act 2016 and further amended through the Finance Acts of 2019, 2020, 2021, 2023, 2024, and the Finance (No. 2) Acts of 2019 and 2024. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull statutory text of all 72 sections across eight Chapters, with omitted sections retained and their prior text reproduced in footnotes\u003c\/li\u003e\n\u003cli\u003eKey definitional provisions, including the expanded four-limb definition of 'benami transaction' under Section 2(9) and its exceptions for HUF transactions, fiduciary arrangements, spousal\/lineal transfers, and joint-ownership structures\u003c\/li\u003e\n\u003cli\u003eDetailed procedural provisions on notice, provisional attachment (\u003cem\u003eextended to four months by the Finance (No. 2) Act, 2024\u003c\/em\u003e), adjudication, confiscation, and vesting\u003c\/li\u003e\n\u003cli\u003eAppellate Tribunal constitution, qualification, procedure, and jurisdiction, including the restructured Adjudicating Authority mechanism following the Finance Act 2021's merger of the Adjudicating Authority with the SAFEMA competent authority\u003c\/li\u003e\n\u003cli\u003eSpecial Courts for criminal prosecution; offences and penalties, including Section 53 (\u003cem\u003erigorous imprisonment and fine for benami transactions\u003c\/em\u003e) and Section 54 (\u003cem\u003epenalty for false information\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eImmunity from prosecution under Section 55A\u003c\/li\u003e\n\u003cli\u003eProhibition of Benami Property Transactions Rules 2016 (\u003cem\u003eas amended\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eConditions of Service of Members of Adjudicating Authority Rules 2019\u003c\/li\u003e\n\u003cli\u003eBenami Transactions Informants Reward Scheme 2018\u003c\/li\u003e\n\u003cli\u003eRelevant notifications\u003c\/li\u003e\n\u003cli\u003eCase law annotations are integrated under key sections, particularly Sections 2(9), 2(19), 24, 26, and 27, covering landmark Supreme Court and High Court decisions on the prospective application of the 2016 Amendment, jurisdictional validity of Initiating Officers, and e-gazette notification dates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two | Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 with Rules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The primary statute targeting Indian residents' undisclosed foreign income and assets, as amended by the Finance Act 2026. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComplete statutory text with all Finance Act amendments incorporated\u003c\/li\u003e\n\u003cli\u003eBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules 2015\u003c\/li\u003e\n\u003cli\u003eUndisclosed Foreign Income and Assets Challan\u003c\/li\u003e\n\u003cli\u003eCBDT Instructions Regarding Handling of Income-tax Cases and Black Money Cases\u003c\/li\u003e\n\u003cli\u003eExtensive CBDT FAQs and circulars addressing: the scope of 'undisclosed foreign asset,' the interaction between DTAA information-sharing and disclosure eligibility, Schedule FA reporting obligations, the treatment of partially-explained assets, and the consequences of non-declaration in an era of Automatic Exchange of Information (AEOI) under FATCA and CRS\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three | Fugitive Economic Offenders Act 2018 with Rules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The statute enabling confiscation of the properties of persons who have left India to evade prosecution for scheduled offences. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the Fugitive Economic Offenders Act 2018\u003c\/li\u003e\n\u003cli\u003eSix sets of Rules 2018 governing: the form and manner of filing applications for declaration; attachment of property; issuance of provisional attachment orders; conduct of search and seizure; receipt and management of confiscated properties; and procedure for sending letters of request to contracting states\u003c\/li\u003e\n\u003cli\u003eRelevant notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Four | Prevention of Money-Laundering Act 2002 with Rules\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The most expansive Division in the volume, reflecting PMLA's role as the cornerstone of India's anti-money laundering framework. Coverage includes:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of PMLA 2002 as amended up to date (\u003cem\u003eall Chapters, Sections 2 through 75\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eThirteen sets of Rules and Regulations:\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eManner of Forwarding Provisional Attachment Orders to the Adjudicating Authority Rules, 2005\u003c\/li\u003e\n\u003cli\u003eReceipt and Management of Confiscated Properties Rules 2005\u003c\/li\u003e\n\u003cli\u003eMaintenance of Records Rules 2005 (with KYC and CKYCRR amendments)\u003c\/li\u003e\n\u003cli\u003eForms, Search and Seizure or Freezing Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Forwarding Arrest Order Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Forwarding Order of Retention of Seized Property Rules 2005\u003c\/li\u003e\n\u003cli\u003eManner of Receiving Records Authenticated Outside India Rules 2005\u003c\/li\u003e\n\u003cli\u003eAppeal Rules 2005\u003c\/li\u003e\n\u003cli\u003eAdjudicating Authority (Procedure) Regulations 2013\u003c\/li\u003e\n\u003cli\u003eIssuance of Provisional Attachment Order Rules 2013\u003c\/li\u003e\n\u003cli\u003eTaking Possession of Attached or Frozen Properties Rules 2013\u003c\/li\u003e\n\u003cli\u003eRestoration of Property Rules 2016\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eExtensive notifications covering:\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eAadhaar authentication authorisation for reporting entities (\u003cem\u003ebanks, NBFCs, mutual funds, insurance companies, SEBI-registered intermediaries, fintech entities\u003c\/em\u003e) under Section 11A, including notifications up to October 2025\u003c\/li\u003e\n\u003cli\u003eAppointment of Special Public Prosecutors across all zones and States under Section 46, as updated through December 2024 and September 2025, including under the Bharatiya Nagarik Suraksha Sanhita 2023\u003c\/li\u003e\n\u003cli\u003eDesignation of the Director, Financial Intelligence Unit-India as Nodal Officer under Section 13 read with Section 79 of the IT Act 2000\u003c\/li\u003e\n\u003cli\u003eSEBI-registered intermediary KYC upload and retrieval through KRA and CKYCRR\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Five | Foreign Assets of Small Taxpayers Disclosure Scheme 2026\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— A complete reproduction of Chapter IV of the Finance Act 2026 (\u003cem\u003eSections 130 to 144\u003c\/em\u003e), constituting the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. Key provisions include:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eEligibility\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Resident assessees (and non-residents\/not-ordinarily-resident who were resident in the relevant previous year) with undisclosed foreign assets or income\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDeclaration Window\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Open-ended from the date of commencement on notification, until the 'last date' as notified by the Central Government\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTax and Penalty Structure\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e–\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eFor undisclosed foreign assets\/income not exceeding ₹1 crore in aggregate: 30% tax on asset value\/income, plus 100% of such tax as penalty—totalling an effective 60% outgo\u003c\/li\u003e\n\u003cli\u003eFor assets located outside India acquired from non-resident-period income or disclosed-but-undeclared foreign assets not exceeding ₹5 crore: a flat fee of ₹1 lakh\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cem\u003ePayment Mechanism\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Electronic verification; amount communicated within one month; payment due within two months; one-month extension with 1% per month interest\u003c\/li\u003e\n\u003cli\u003eImmunity – Full immunity from further tax, penalty, and prosecution under the Black Money Act 2015 for income\/assets declared and paid for up to 31 March 2026 or earlier years\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eNon-Applicability\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Expressly excludes assets representing proceeds of crime under PMLA proceedings, and assets where Black Money Act assessment proceedings have been completed\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eEffect on Pending Proceedings\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– Assessing Officer required to take the declaration into account in finalising pending assessment orders\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eBoard Powers\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e– CBDT empowered to issue directions; Central Government empowered to make rules and remove difficulties within two years of commencement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is divided into five self-contained Divisions, each prefaced by a detailed Arrangement of Sections or Arrangement of Paragraphs (\u003cem\u003efor the Disclosure Scheme\u003c\/em\u003e), enabling rapid section-level navigation. Within each Division:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe principal Act is presented first, in section-number order, with all amendments incorporated inline\u003c\/li\u003e\n\u003cli\u003eEvery amendment is footnoted with the amending instrument, date of effect, and prior text\u003c\/li\u003e\n\u003cli\u003eRules, regulations, and scheme texts follow the parent Act in logical order\u003c\/li\u003e\n\u003cli\u003eCirculars and notifications are grouped at the end of each Division\u003c\/li\u003e\n\u003cli\u003eCase law, where applicable, is integrated within the statutory text at the relevant section, annotated with citation references\u003c\/li\u003e\n\u003cli\u003eThe cross-referencing architecture across Divisions reflects the interconnected nature of the legislation—the Benami Act expressly cross-references PMLA's definition of 'proceeds of crime,' while the Disclosure Scheme expressly carves out PMLA-proceeding assets and Black Money Act-assessed assets. The volume's consolidated structure makes these cross-statute interactions immediately visible\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450059415575,"sku":null,"price":1015.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/BenamiBlackMoney_MoneyLaunderingLaws.png?v=1787917863"},{"product_id":"business-succession-planning","title":"Business Succession Planning","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eBusiness Succession Planning: Approach | Strategy | Execution\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner-authored, comprehensive guide that addresses one of the most underserved yet consequential aspects of enterprise management in India—the structured, conscious transfer of business ownership, leadership, and legacy from one generation to the next.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIn a landscape where family businesses are estimated to contribute nearly 79% of India's GDP, and where a massive cohort of first-generation founders from the liberalisation era of the 1990s is now approaching the natural window of transition, succession planning has moved from a theoretical concern to an operational imperative. Yet, as the author observes across decades of consulting experience, most Indian business owners either defer the conversation entirely, treat it as synonymous with writing a Will, or approach it without any structured framework—leaving their enterprises and families exposed to avoidable conflict, wealth erosion, and business failure.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eNow in its 5\u003csup\u003eth\u003c\/sup\u003e Edition, this book provides a definitive, end-to-end roadmap for that transition. It is grounded in the author's proprietary 5-Step Approach to Succession Planning—spanning Owner's Vision, Family Counselling, Business Alignment, Successor Identification and Grooming, and Ownership Transfer and Estate Planning. and supplemented by the 3-P Framework for Will creation, the AMG Model for successor grooming, and the Two and Three Circle Model for aligning family and business interests. The 5\u003csup\u003eth\u003c\/sup\u003e Edition expands materially on earlier Editions by incorporating dedicated coverage of exit strategies, liquidity management, succession planning for startups and SMEs, the Family Office as a legacy vehicle, Gen Z's role as the incoming generation of business leadership, and the evolving macro-economic context of India's Vision 2047 growth trajectory.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWritten with deliberate simplicity—accessible to the layperson without sacrificing conceptual rigour—the book integrates statutory frameworks (\u003cem\u003eSEBI LODR, Companies Act 2013, Hindu Succession Act, Muslim Personal Law, Indian Succession Act, and the Indian Trusts Act\u003c\/em\u003e), practical case studies including client engagements and landmark corporate examples such as Tata Group, Apple, and Reliance, and ready-to-use draft templates for wills, trust deeds, HUF creation deeds, and family constitutions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book's central thesis is captured in its subtitle: succession planning is not merely an event or a document—it is a continuous approach, a deliberate strategy, and a disciplined execution spanning years, if not a decade.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is designed for a broad but purposeful readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePrimary Audience\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePromoter-Led and Family-Owned Business Owners at any Stage\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—founders approaching retirement, mid-life owners recognising the need to structure the business for multi-generational continuity, and second-generation leaders inheriting an unstructured enterprise\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSME and MSME Owners\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e who have internalised the myth that succession planning is only for large business empires. The book explicitly debunks this assumption across multiple chapters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFirst-Generation Entrepreneurs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e who built their business on personal drive and now face the structural challenge of institutionalising what they built\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProfessional Audience\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChartered Accountants, Company Secretaries, and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e who advise business families on estate planning, corporate governance, personal law compliance, and wealth structuring\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eCorporate Governance Professionals and HR Heads at Listed Entities\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e navigating their obligations under SEBI Regulation 17(4) and Section 178 of the Companies Act 2013\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eManagement Consultants and Family Business Advisors\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e seeking a structured, India-specific methodology\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSuccessor and Academic Audience\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNext-Generation Successors\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—family members being groomed for leadership—who need to understand the mechanics and emotional weight of the transition from the receiving end\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eStartup Founders \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003ewho need to build institutional continuity into their enterprises from early stages, before the informal founder-dependency becomes a structural liability\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eStudents of Business Management, Law, and CA Programmes\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e where estate planning and family business governance are increasingly examinable domains\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition, authored by CA. Ravi Mamodiya, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree Proprietary Frameworks\u003c\/strong\u003e] The book is anchored in three original frameworks developed through direct advisory practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe 5-Step Succession Approach (\u003cem\u003eOwner's Vision → Family Constitution → Business \u0026amp; Family Alignment → Successor Identification and Grooming → Ownership Transfer and Estate Planning\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe AMG Model (\u003cem\u003eAssessment → Management → Grooming\u003c\/em\u003e) for successor development\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e3-P Framework (\u003cem\u003ePeople, Property, Proportion\u003c\/em\u003e) for Will drafting\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Wheel of Succession\u003c\/strong\u003e] A self-diagnostic tool that maps readiness across all five succession dimensions on a 0–100% scale. The owner rates each dimension, plots the polygon, and identifies gaps. Separate wheel templates are provided for family, business, and professional succession\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree Differentiated Succession Frameworks\u003c\/strong\u003e] Rather than a single generic model, the book provides distinct frameworks for family businesses (\u003cem\u003e5 steps\u003c\/em\u003e), non-family business succession (\u003cem\u003e3 steps\u003c\/em\u003e), and professional\/service firms (\u003cem\u003e5 steps with partner alignment and practice-specific considerations\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIndia-Specific Legal Architecture\u003c\/strong\u003e] Every legal dimension is grounded in Indian statute: SEBI LODR Regulation 17(4) and Companies Act 2013 Section 178 for listed entities; Hindu Succession Act 1956 (\u003cem\u003ewith 2005 Amendment\u003c\/em\u003e); Muslim Personal Law (\u003cem\u003eShariat\u003c\/em\u003e); Indian Succession Act 1925 for Parsis and Christians; Indian Trusts Act 1882; HUF law; income tax treatment of inheritance and capital gains; and succession certificate and probate procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Garud View vs. Sarp View\u003c\/strong\u003e] A conceptual framework drawn from Hindu mythology—the Garud (\u003cem\u003eeagle's strategic perspective\u003c\/em\u003e) vs. the Sarp (\u003cem\u003esnake's operational ground view\u003c\/em\u003e)—used throughout the book to explain why succession planning is perpetually deferred by even sophisticated owners, and why cultivating a long-horizon perspective is the foundational precondition for any succession process\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eOwner's Vision—Internal and External\u003c\/strong\u003e] Vision is decomposed into two dimensions: the internal dimension (\u003cem\u003evision, mission, goals, purpose, passion, and GPS business plan framework\u003c\/em\u003e) and the external dimension (\u003cem\u003eoutput metrics, internal systems, resource quality, stakeholder assessments, and competitive positioning\u003c\/em\u003e), including an organisational chart exercise that maps each role's vulnerability if its current incumbent were absent\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFamily Constitution—Full Governance Architecture\u003c\/strong\u003e] Treated as a governance institution, not merely a document. Covers six constitutional bodies (\u003cem\u003eFamily Council, Family Assembly, Family Association, Owner's Council, Family Fund, Family Office\u003c\/em\u003e); a five-step constitution-building process; the dangers of miscommunication (\u003cem\u003eillustrated through Ranbaxy, Raymond, and Ponty Chadha\u003c\/em\u003e); and two dedicated chapters on balancing individual aspirations with family unity and on the constitution as a living guide. A complete draft Family Constitution is included as Annexure 4\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTwo and Three Circle Model\u003c\/strong\u003e] Maps seven stakeholder positions across family, business, and ownership circles, demonstrating that different decisions require different decision-making bodies—applied through the Karthik-Suresh family business case study\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eQuantified Successor Evaluation Tools\u003c\/strong\u003e] The AMG model is operationalised through a 20-dimension leadership assessment scoresheet (\u003cem\u003efive domains, five-point scale, four leadership bands\u003c\/em\u003e) and the 9-Box Succession Planning Grid Matrix mapping potential against performance across nine candidate profiles\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-Dimension Grooming Framework\u003c\/strong\u003e] Successor development is mapped across five formal practices—Education, Assessment (\u003cem\u003e360-degree feedback\u003c\/em\u003e), Coaching (\u003cem\u003eICE Model\u003c\/em\u003e), Mentoring, and Experiential Learning—with an initiative-to-practice mapping table and a five-step selection sequence (\u003cem\u003eForecast Analysis → Resource Development → Selection → Trial Run → Transition\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExit Strategies and Liquidity Management\u003c\/strong\u003e] A material 5\u003csup\u003eth\u003c\/sup\u003e Edition addition covering: insurance instruments as liquidity tools (\u003cem\u003ekey person, buy-sell, deferred compensation, disability, collateral\u003c\/em\u003e), IPO as an exit mechanism, and the Family Office (\u003cem\u003eSFO vs. MFO structure, functions, and governance\u003c\/em\u003e)—each illustrated through embedded case studies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eHistorical and Macro Context\u003c\/strong\u003e] A five-stage historical taxonomy of Indian family business evolution from pre-1750 to the present, framing the current moment as an unprecedented economy-wide generational transition—contextualised against NITI Aayog's Vision India @ 2047 target of USD 30 trillion GDP\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGender and Generational Dimensions\u003c\/strong\u003e] Dedicated coverage of gender bias in succession and the female entrepreneur's unique succession journey; and a generational taxonomy mapping Founders, Gen X, Millennials, and Gen Z as successive cohorts with distinct mindsets and transition challenges\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour Deployment-Ready Legal Templates\u003c\/strong\u003e] Annexures include complete draft formats for a Private Trust Deed, HUF Creation Deed, Will, and Family Constitution—usable as working references by practitioners and business owners\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStructured Checklists at Every Stage\u003c\/strong\u003e] Every part closes with Yes\/Partially\/No checklists covering business dynamics readiness, parallel planning, transition management, family succession selection, and business succession evaluation—with interpretive guidance for each response type\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003e16 Myths Systematically Debunked\u003c\/strong\u003e] Chapter 3 dismantles 16 of the most common Indian misconceptions about succession planning—from 'it's only for the ultra-rich' and 'equal distribution is always fair' to 'nominees inherit assets' and 'succession is inherently a male heir's right'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book covers the full succession planning lifecycle across 52 chapters and 10 parts:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart I — Succession Initiation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSuccession foundation and definitions; family succession vs. business succession; 16 myths debunked; SEBI LODR Regulation 17(4) and Companies Act Section 178 explained; benefits and challenges of the Indian family business (\u003cem\u003eloyalty, legacy, patient capital, strong bonding vs. conflicts, governance gaps\u003c\/em\u003e); conflicts of interest in family business management; gender bias in succession; succession for female entrepreneurs; succession for startups; the lifecycle of succession across business stages—illustrated through the 'Chaap' brand case study of a four-son split destroying a generational brand\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart II — Succession Preparation\/Rehearsal\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe Garud View vs. Sarp View—strategic vs. operational perspective; the Clarity → Focus → Energy → Results chain; 10 guiding principles for succession (\u003cem\u003estart now, establish philosophy and values, align individual aspirations, assess independently, prepare the successor, define a clear selection process, balance business needs and family aspirations, apprentice before transitioning, support from retiring leaders, motivate non-family team\u003c\/em\u003e); three differentiated succession frameworks (\u003cem\u003efamily, business, professional\u003c\/em\u003e); the Wheel of Succession self-diagnostic tool\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart III — Owner's Vision\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInternal vision: vision statement, mission statement, goals, purpose, passion, and the GPS business plan framework; the role of alignment between owner's and team's individual purposes (\u003cem\u003eillustrated through the Mr. Sarvesh case\u003c\/em\u003e); external vision: output goals, internal system metrics, resource assessment (\u003cem\u003equantity, quality, adaptation, proactiveness, innovativeness, legitimacy, competitive position\u003c\/em\u003e), multiple stakeholder assessments, business analysis and competitive positioning; organisational structure review as a succession readiness tool\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart IV — The Family Constitution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eWhy a written family constitution is essential; miscommunication as a structural business risk (\u003cem\u003eRanbaxy, Raymond, Ponty Chadha case references\u003c\/em\u003e); the three dimensions of family business; family governance as institution-building; six constitutional bodies (\u003cem\u003eFamily Council, Family Assembly, Family Association, Owner's Council, Family Fund, Family Office\u003c\/em\u003e); the example of four brothers operating a joint business from a shared boardroom via 7:30 AM daily meetings; balancing individual aspirations with family unity; the constitution as a living document — how it evolves from an alignment document to a governance 'bible'; pre-constitution groundwork: consultation and appraisal, forming the governance board; five-step constitution-building process: diagnosis, feedback, alignment, drafting, implementation; challenges in constitution building\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart V — Aligning the Family and Business\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe Two and Three Circle Model—seven stakeholder positions and their implications; parallel planning process for family and business timelines; guiding principles for family succession planning; contingency planning—insurance adequacy, key employee retention, business continuity in case of owner's premature death or disability\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VI — Successor Identification and Grooming\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFour profiles of leadership development competency (\u003cem\u003eThe Boss → Team Player → Highly Productive Team Lead → Empowering Lead\u003c\/em\u003e); 12 most common leadership competencies; the 9-Box Succession Planning Grid Matrix; the AMG Model in detail—Step 1 Assessment (\u003cem\u003ewith scored scoresheet and four leadership bands\u003c\/em\u003e), Step 2 Management (\u003cem\u003ereplacement planning vs. succession planning vs. succession management on a continuum\u003c\/em\u003e), Step 3 Grooming (\u003cem\u003eeducation, assessment, coaching via ICE Model, mentoring, experiential learning, with initiative-to-practice mapping table\u003c\/em\u003e); five-step successor selection: forecast analysis, resource development, selection via board presentation, trial run, transition—illustrated through the author's grandfather's family succession case involving six failed successors before finding the right one through structured grooming\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VII — Ownership Transfer and Estate Planning\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEstate planning: what it is, why it is distinct from succession planning, three core reasons (\u003cem\u003eprotecting minors, eliminating family disputes, tax saving\u003c\/em\u003e); types of estate succession—intestate vs. testamentary, with a religion-wise statutory map; Hindu intestate succession: Class I and Class II heirs with full distribution rules, right of female in pre-deceased son's property (\u003cem\u003eSavitri v. Devaki, AIR 1982\u003c\/em\u003e), full-blood vs. half-blood preference, right of child in womb, disqualification of murderer heirs—illustrated with five numerical examples and inheritance flow diagrams; Muslim intestate succession (\u003cem\u003eShariat\u003c\/em\u003e): sharers and residuaries, distribution rules for male and female deceased; Parsi intestate succession; Christian and others intestate succession; role of domicile in intestate succession; succession certificates—when required, courts of jurisdiction, process; testamentary succession (\u003cem\u003eWills\u003c\/em\u003e): requirements for a valid Will, codicils, probate and letters of administration, privileged Wills, revocation; taxation of intestate and testamentary succession: income tax exemption on inheritance, taxability of income from inherited property, capital gains on subsequent sale; Private Trusts: the Indian Trusts Act 1882, trust factions (\u003cem\u003esettlor, trustee, beneficiary, protector, advisory board\u003c\/em\u003e), duties and liabilities of trustees, trustee investment powers, executor powers, Will vs. Trust comparison; HUF: formation, Karta, partition; the possibility of a codified inheritance law in India; additional myth-busting on trusts\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VIII — Exit Strategies and Legacy Planning\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eHistorical evolution of Indian family businesses—five stages from pre-colonial to the Digital Era; Gen Z mindset—digital native characteristics, sustainability orientation, challenges of digital interaction preference over face-to-face; liquidity management in family businesses: insurance instruments (\u003cem\u003ekey person, buy-sell, deferred compensation, disability, long-term care, liability protection, collateral\u003c\/em\u003e), IPO as exit vehicle—with two embedded case studies; Family Office—SFO vs. MFO, functions, governance; exit strategies—structured options for active family members, non-family professionals, and external buyers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart IX — Case Studies and FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNine detailed case studies spanning: a real client business alignment engagement, vision-mission articulation for a multi-partner business, grooming across six family members to find one right successor (\u003cem\u003eauthor's family\u003c\/em\u003e), the Tata Group's value-embedded succession across generations, Tata's avoidance of family disputes through governance, the Three Circle Model applied to the Karthik-Suresh family business, the Global Connect Traders generational mentoring case, a family business legacy nurturing engagement, and succession for a professional service firm. Twenty-plus FAQs sourced from ICAI's study on succession, wills, and family arrangements\/settlements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnexures\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFour complete draft legal templates: Private Trust Deed, HUF Creation Deed, Will, and Family Constitution\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAfterword\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe 3-P Framework for Will drafting (\u003cem\u003ePeople, Property, Proportion\u003c\/em\u003e); a 6-step succession journey framework (fam\u003cem\u003eily structure → business and ownership matrix → structuring gap identification → Family Constitution → Family and Business Boards → Family Office implementation and monitoring\u003c\/em\u003e); access details for the Saturday Succession Samvad newsletter; and a complimentary advisory consultation offer\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book spans 10 thematic parts, 52 chapters, 9 case studies, an FAQ module, 4 legal annexures, and an Afterword. Each part closes with Key Takeaways and structured Checklists. The architecture deliberately mirrors the succession journey itself — opening with the case for why, progressing through the frameworks for how, and concluding with the tools for execution.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart I | Succession Initiation | Ch. 1–10 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Defines succession, debunks 16 myths, and establishes the regulatory and family business context\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart II | Succession Preparation \u0026amp; Rehearsal | Ch. 11–15 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Introduces the Garud vs. Sarp View, the Wheel of Succession, and the three differentiated succession frameworks\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart III | Owner's Vision | Ch. 16–17\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Anchors the process in the owner's internal and external vision before the family is brought into the picture\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart IV | The Family Constitution | Ch. 18–23\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Builds the Family Constitution in full — governance bodies, drafting process, and the philosophy of institution-building\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart V | Aligning the Family and the Business | Ch. 24–27\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Aligns family and business interests through the Two and Three Circle Model and contingency planning\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VI | Successor Identification \u0026amp; Grooming | Ch. 28–33\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Covers successor identification and grooming via the AMG Model, assessment tools, and the five-step selection sequence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VII | Ownership Transfer \u0026amp; Estate Planning | Ch. 34–47\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Addresses intestate and testamentary succession across all personal laws, Private Trusts, HUFs, and tax implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart VIII | Exit Strategies \u0026amp; Legacy Planning | Ch. 48–52\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Closes the operational arc with exit strategies, liquidity management, and the Family Office\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart IX | Case Studies \u0026amp; FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Grounds the framework in nine real-world case studies and a comprehensive FAQ module\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnexures\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Four deployment-ready legal templates: Private Trust Deed, HUF Creation Deed, Will, and Family Constitution\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Afterword distils the book into a 6-Step Succession Journey\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eUnderstanding the Family Structure → Understanding the Business and Ownership Matrix → Identifying the Structuring Gap → Drafting the Family Constitution → Establishing the Family and Business Boards → Implementing and Monitoring through the Family Office\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450227646487,"sku":null,"price":612.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/BusinessSuccessionPlanning.png?v=1787918300"},{"product_id":"code-on-social-security-law-manual","title":"Code on Social Security Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCode on Social Security Law Manual \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis Taxmann's single-volume working reference. It is built for the reader who cannot afford to consult four or five separate publications to answer a single question. The bare Code will not tell an employer which return to file, in what form, by when, or under which of the three schemes that now carry provident fund, insurance and pension administration; the Rules will not explain what the section they implement replaced. This Manual therefore gathers the statute, the rules made under it, the welfare scheme notified under it, the three schemes issued under Section 15, the notifications that brought the Code into force, and the cross-Code compliance material into one volume of some 890 pages, and arranges them in the order the work actually runs—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, scheme paragraph, prescribed form, jurisdictional notification, FAQ, compliance checklist.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is designed for retrieval rather than for reading through. Each Division carries its own page series—I-1 onwards for the preliminary part, then 1.3 to 1.402 for the Code, 2.3 onwards for the Rules and Forms, 3.3 onwards for the notifications and compliance material, and 4.3 to 4.132 for the schemes—so a citation such as 2.15 fixes both the Division and the page. Every Division opens with its own finding table: an Arrangement of Sections for the Code, an Arrangement of Rules with a complete list of Forms, and a separate Arrangement of Paragraphs for each of the three schemes. And the running head on every page names the provision printed on it—Sec. 53 over the gratuity text with CH. V : GRATUITY beside it, R. 30 through the Rules, Para 23 and Form through the schemes—so a reader who knows the section, rule or paragraph number can thumb straight to it without going back to the index.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat is new in this Edition\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA New Division Four Carrying the 2026 Schemes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Manual now reproduces the Employees' Provident Funds Scheme 2026, the Employees' Deposit-Linked Insurance Scheme 2026 and the Employees' Pension Scheme 2026 in full, each with its Arrangement of Paragraphs and prescribed Forms. Because these supersede the Schemes of 1952, 1976, 1971 and 1995, a volume carrying only the Code and the Rules is no longer sufficient for benefit administration—which is what this Division is here to fix\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Notifications Module Rebuilt to 43\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The module has grown from a commencement cluster into a working finding list, each notification numbered and captioned by the section it operates on, and each reproduced with the jurisdictional tables that allocate work between officers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Seven-Part FAQ Module\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The FAQ apparatus is reorganised across seven parts covering all four Labour Codes, with the Social Security questions now running under nine sub-headings that extend to exempted-establishment and trust governance and to administration and record\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAmended \u0026amp; Updated\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Code, the Central Rules, the welfare scheme, the notifications and the three schemes are stated as they stand on 1\u003csup\u003est\u003c\/sup\u003e July 2026, so the reader is not holding a statute current to one date and delegated legislation current to another\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Code on Social Security as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Payroll, Benefits and Compliance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in factories, mines, plantations, building and other construction establishments, large-format service-sector enterprises and Central-Sphere PSUs, who need the return, the form and the rule in the same place as the section\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on contribution liability, PF and ESI applicability, gratuity entitlement and forfeiture, maternity benefit disputes, BOCW Cess assessment and the priority of contributions, who need the section text, the editorial restatement and the case law together\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompliance and Finance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e at gig-platform aggregators, cinematograph production houses, contractor establishments and unorganised-sector enterprises, for whom the aggregator and registration provisions are new ground and the prescribed self-assessment and return Forms are reproduced in full\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrustees, Plan Administrators and Pension Administrators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e managing exempted establishments and exempted trusts, who must read the exemption conditions against the terms now written into the 2026 Schemes—both of which this volume carries\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEPFO, ESIC, BOCW Welfare Board, State Unorganised Workers' Board and Career Centre Officials, Inspectors-cum-Facilitators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, and officers of the Ministry of Labour \u0026amp; Employment and the State Labour Departments who need a single citation-safe source\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployees' Insurance Courts, Industrial Tribunals, Appellate Authorities, Competent Authorities and other Adjudicating Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring an integrated working reference covering the Code, the Rules, the Notifications, the Schemes and the concordance with the nine repealed Acts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Researchers and Students of Labour Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e across LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the July 2026 Edition, updated till 1\u003csup\u003est\u003c\/sup\u003e July 2026. It is authored\/edited by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLayered Per-Section Treatment\u003c\/strong\u003e] Every section in Division One is presented in layers rather than as bare text. The statutory text is followed by a Corresponding Provision line naming its ancestor in the repealed Acts, a Section Notes block restating the operative content in plain-language bullets for quick recall, and a Comments block of editorial restatement keyed by section number—a nutshell synopsis first, then sub-numbered notes on the points practitioners actually argue. On provisions that have been substantively litigated, a further Relevant Case Laws block carries the line of decisions bearing on interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTen Concordance Tables, Placed at the Front\u003c\/strong\u003e] One forward table runs from the Code into all nine legacy Acts, and one reverse table runs from each legacy Act—the BOCW Welfare Cess Act 1996, the Cine-Workers Welfare Fund Act 1981, the Employee's Compensation Act 1923, the Employees' Provident Funds Act 1952, the Employees' State Insurance Act 1948, the Employment Exchanges (CNV) Act 1959, the Maternity Benefit Act 1961, the Payment of Gratuity Act 1972 and the Unorganised Workers' Social Security Act 2008—back into the Code. They sit before the statutory text rather than at the back of the volume, on the editorial grounds that a reader arriving from a long-established legacy practice starts with the old section number, not the new one\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Long-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, and running to roughly forty pages, the Comparative Study reads the Code against the nine legacy Acts and states what has changed and what has merely moved. It is written to be read in sequence for transitional understanding rather than dipped into—covering, among much else, the medical benefit entitlement dropped from Section 39, the narrowed bar on duplication of benefits, the compensation quantum under Section 76 reduced to a comparison table against Section 4 of the EC Act, and the provisions the Study marks as entirely new\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Central Rules with the Full Set of Forms\u003c\/strong\u003e] The Social Security (Central) Rules 2026 are reproduced across fourteen Chapters and sixty-nine Rules, together with every prescribed Form from Form I to Form XXX—the gratuity application and notices, the maternity certificate and claim, the cess self-assessment and return, and the aggregator self-assessment and return among them—so the reader sees the actual format to be filed, not a reference to it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Other Beneficiaries Medical Facilities Scheme 2026 in Full\u003c\/strong\u003e] Reproduced alongside the Central Rules. Because the Scheme opens ESI hospital infrastructure to beneficiaries registered under any other Central Government scheme, its inclusion is what makes this Manual an end-to-end reference for both ESI-covered and Scheme-covered medical-benefit administration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Three 2026 Schemes, Each Reproduced Whole\u003c\/strong\u003e] The Employees' Provident Funds Scheme 2026 runs across nine Chapters and fifty-nine paragraphs with an Annexure of Special Provisions and Forms I to XII; the Employees' Pension Scheme 2026 across thirty-six paragraphs with its monthly return Form; and the Employees' Deposit-Linked Insurance Scheme 2026 across thirty-one paragraphs with its Form for online returns. The Manual keeps them together because they are drafted to be read together—each of the latter two provides that where its own provisions are absent or inadequate, the Provident Funds Scheme applies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before Tribunals, ESI Courts and High Courts often turn on these materials\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAn In-Volume Appendix of Cross-Referenced Statutes\u003c\/strong\u003e] Where the Code refers out to another enactment—the Aadhaar Act 2016, the BOCW (Regulation) Act 1996, the Companies Act 2013, the Civil and Criminal Procedure Codes, the Factories Act 1948, the General Clauses Act 1897, the Income-tax Act 1961, the Industrial Disputes Act 1947, the IRDA Act 1999, the Limitation Act 1963, the Mines Act 1952, the Working Journalists Act 1955 and some twenty others—the referenced provision is reprinted in an Appendix, so a cross-reference does not send the reader to a second book\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Concept-Led Subject Index\u003c\/strong\u003e] The index is entered under the terms HR, payroll, benefits and IR professionals actually search—provident fund, contribution, exempted establishment, sickness benefit, maternity benefit, gratuity entitlement, gratuity forfeiture, employee's compensation, employment injury, building worker, BOCW Cess, unorganised worker, gig worker, platform worker, Aadhaar, career centre, Inspector-cum-Facilitator, Social Security Fund, compounding of offences—with each entry running to the governing section rather than obliging the reader to work down the section list\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Notifications Module That Works as a Finding List\u003c\/strong\u003e] Division Three reproduces 43 notifications in working order, each numbered, captioned by the section it operates on, and printed in full with the jurisdictional tables allocating work across the Central Provident Fund Commissioner, the Director General of ESIC, the Social Security Officers, the Assistant Directors, the Deputy Directors and the Regional Directors. Read in sequence, the module sets out the staged commencement of the Code in one place—the Aadhaar provision from 2021, the pension and provident fund provisions from 2023, the general commencement from 21-11-2025 with its December corrigendum, the extension of ESI contribution to notified districts of Manipur, Meghalaya and Mizoram from 1-4-2026, and the designation, delegation and recovery notifications of May 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSeven-Part Frequently Asked Questions Module\u003c\/strong\u003e] Twelve FAQs on the Code on Wages 2019, nineteen on the Industrial Relations Code 2020, nineteen on the OSH \u0026amp; WC Code 2020, twenty-six on the Code on Social Security 2020 organised under nine sub-headings (\u003cem\u003eGeneral Framework \u0026amp; Registration; Schemes, Rule-Making \u0026amp; Social Security Funds; Maternity Benefit Provisions; Gratuity Rules; Building and Other Construction Workers' Welfare; Gig and Platform Workers; Compliance, Inspection \u0026amp; Enforcement; Exemptions \u0026amp; Trust Governance; and Administration \u0026amp; Records\u003c\/em\u003e), a departmental FAQ on the OSH \u0026amp; WC Code as on 13-3-2026, a consolidated Query-and-Reply set on the Labour Codes, and an Additional FAQs module as on 16-3-2026. The Social Security set answers what is asked first in practice—digital procedure, maternity certification, gratuity timing and forfeiture, cess instalments, gig worker registration, inspections, appeals and records\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Multi-Chapter Compliance Handbook\u003c\/strong\u003e] Division Three closes with a compliance reference for employers in the Central Government sphere, running across seven chapters—an introduction, a survey of the reforms, a chapter on each of the four Codes, and a closing Summary of Action Points for Employers—each anchored to specific section references and set out as bullet-form obligation maps, so a practitioner moves from a topic to a compliance action rather than to a paragraph of prose. Five Annexures carry the key definitions under the Wages and Industrial Relations Codes and the operative Schedules of the Industrial Relations, OSH \u0026amp; WC and Social Security Codes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and four numbered Divisions, each answering a distinct working purpose.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePreliminary Part | Transitional Anchor\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Carries the ten concordance tables and the Comparative Study ahead of the statutory text, so a reader coming from legacy practice begins at the bridge between the old law and the new\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | The Code and its Interpretive Apparatus \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The Code on Social Security 2020 in full across fourteen Chapters and one hundred and sixty-four sections with its layered per-section apparatus, the First to Seventh Schedules, and the supporting materials: the Subject Index, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Operative Rule-Making and Welfare Scheme\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Social Security (Central) Rules 2026 across fourteen Chapters and sixty-nine Rules with Forms I to XXX, followed by the Other Beneficiaries and Members of their Families Medical Facilities Scheme 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Notifications and Clarifications module of 43 notifications, the seven-part FAQs covering all four Labour Codes, and the Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Four | The Schemes Issued under the Code\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Employees' Provident Funds Scheme 2026, the Employees' Deposit-Linked Insurance Scheme 2026 and the Employees' Pension Scheme 2026, each reproduced in full with its Arrangement of Paragraphs and prescribed Forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450248716311,"sku":null,"price":822.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CodeonSocialSecurityLawManual.png?v=1787918740"},{"product_id":"code-on-wages-law-manual","title":"Code on Wages Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCode on Wages Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's authoritative single-volume working reference on India's wage statute as it now operates in practice. The 2026 Edition is built around the editorial position that the Code on Wages 2019 must be read as a system: the statute together with the Central Rules made under it, the implementation notifications, the supervisor-exclusion ceiling notification, the cross-Code FAQ apparatus from the Ministry of Labour \u0026amp; Employment, and the four-Code compliance machinery that surrounds it. The Manual brings all of these into one volume and arranges them so the reader can move between them in the order their work actually requires—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, prescribed form, jurisdictional notification, FAQ, compliance checklist—without leaving the book.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual also incorporates the Code on Wages (Central) Rules 2026, the principal enforcement notification of 21-11-2025, the supervisor-exclusion ceiling notification of 30-1-2026, the Government's tabular OSH\u0026amp;WC FAQ dated 13-3-2026, the Additional FAQs on Labour Codes dated 16-3-2026 and the Compliance Handbook for Employers under the Four Labour Codes (Central Government Sphere); this Edition is the first to carry the Code with that full implementation machinery in place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Code on Wages as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eHR, Payroll and Industrial Relations Heads\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein factories, mines, plantations, large-format service-sector establishments and Central-Sphere PSUs who have to re-baseline wage structures under the new Section 2(y) definition, re-issue appointment letters and wage slips, redesign the bonus computation under Chapter IV and migrate registers and returns to the Code-and-Rules framework\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on the 50% allowance add-back, the floor-wage architecture under Section 9, claims and appeals under Sections 45 and 49, the three-year limitation regime, and the supervisor-exclusion ceiling under Section 2(z)(d)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompliance Officers, Company Secretaries and Plant HR Managers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for periodic returns, register maintenance, wage-slip issuance, notice-board displays, and the Inspector-cum-Facilitator interface in the Central Government sphere\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants and Internal Auditors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eexamining wage-cost, bonus liability, gratuity-base and provident-fund-base computations in light of the revised wages definition and the cross-Code impact on the Code on Social Security\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInspector-cum-Facilitators, Authorities under Section 45, Appellate Authorities under Section 49, Government Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein the Ministry of Labour \u0026amp; Employment, the Chief Labour Commissioner (Central) office and State Labour Departments who need a single citation-safe source\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFaculty, Researchers and Students of Labour Law\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eacross LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module, who need the consolidated text along with comparative reference to the four legacy Acts the Code replaces\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, updated till 8\u003csup\u003eth\u003c\/sup\u003e May 2026. It is authored\/edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFour-Layer Per-Section Treatment\u003c\/strong\u003e] Each section in Division One opens with the statutory text and the Corresponding Provision flag tying it back to the four legacy Acts, then carries a Section Notes block that restates the operative content in plain-language bulleted form for quick recall, a Comments block of editorial restatement keyed by section number (\u003cem\u003ewith a nutshell synopsis followed by sub-numbered notes on the points that practitioners will actually argue\u003c\/em\u003e), and—where the section has been substantively litigated—a Relevant Case Laws block carrying the line of decisions that bears on its interpretation, tagged '[\u003cem\u003enow section X of Code on Wages\u003c\/em\u003e]' so that the pre-Code precedent reads directly into the new provision\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePurpose-Built Concordance Tables\u003c\/strong\u003e] The preliminary part carries five concordance tables: one forward table from the Code into all four legacy Acts read together, and four reverse tables—one each from the Equal Remuneration Act 1976, the Minimum Wages Act 1948, the Payment of Bonus Act 1965 and the Payment of Wages Act 1936—back into the Code. The tables sit before the statutory text rather than at the back of the volume, on the editorial grounds that the buyer transitioning from a long-established legacy practice will start there\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLong-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, the Comparative Study reads the Code provision-by-provision against the four legacy Acts and flags every substantive change—uniform 'appropriate Government' definition under Section 2(d), omission of 'scheduled employment' as a gating concept, new 'contractor' definition under Section 2(f), recasting of the Advisory Board under Section 42, extension of the claim-filing limitation from 6 months to 3 years under Section 45, and removal of the pre-deposit requirement for appeals under Section 49—meant to be read in sequence for transitional understanding rather than dipped into as a lookup\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCode on Wages (Central) Rules 2026 in Full\u003c\/strong\u003e] The full text of the operative Central Rules is reproduced with the prescribed statutory Forms, organised across its eight-Chapter sequence\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNine Statutory Forms in Full\u003c\/strong\u003e] The Forms are reproduced in full so the reader does not have to step outside the book to file, contest or maintain compliance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the clause-by-clause Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before the Authority, the Appellate Authority, Tribunals and High Courts often turn on these materials\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIn-Volume Appendix of Cross-Referenced Statutes\u003c\/strong\u003e] Where the Code refers to a provision of another Act—the Apprentices Act 1961, the Code of Criminal Procedure 1973, the Companies Act 2013, the Factories Act 1948, the General Clauses Act 1897, the Income-tax Act 1961, the Indian Penal Code, the Industrial Disputes Act 1947, the Merchant Shipping Act 1958, the Sales Promotion Employees (Conditions of Service) Act 1976, and the Working Journalists and Other Newspaper Employees (Conditions of Service) and Miscellaneous Provisions Act 1955—the referenced provision is reproduced in an Appendix, so the reader does not have to leave the volume to locate it\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eConcept-Led Subject Index\u003c\/strong\u003e] The index is built around the way HR, payroll and compliance professionals actually search—floor wage, payment of bonus, deductions, fines, overtime, wage period, mode of payment, equal remuneration, appeals, claims, registers, wage slip, Inspector-cum-Facilitator, composition of offences—rather than around the section list\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Notifications and Clarifications Module\u003c\/strong\u003e] Division Three reproduces in full the principal enforcement notification, the early Advisory Board enforcement notification, and the supervisor-exclusion ceiling notification\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-Code Frequently Asked Questions\u003c\/strong\u003e] A seven-part FAQ module covers all four Labour Codes—twelve FAQs on the Code on Wages, nineteen on the Industrial Relations Code, nineteen on the OSH\u0026amp;WC Code, twenty-six on the Code on Social Security (\u003cem\u003eacross nine topical groups\u003c\/em\u003e), the Government's official tabular FAQ on OSH\u0026amp;WC Code dated 13-3-2026, the cross-Code Labour Codes FAQ, and the Additional FAQs on Labour Codes dated 16-3-2026. The Code on Wages FAQs, in particular, address the most frequently asked operational questions on the floor wage, the revised wages definition and 50% allowance rule, the deductions cap, the universality of minimum wage coverage post-omission of 'scheduled employment', and the treatment of compounding of offences\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMulti-Chapter Compliance Handbook for the Four Labour Codes\u003c\/strong\u003e] Division Three closes with a seven-chapter, five-Annexure compliance reference for employers in the Central Government sphere, organised in chapters per Code and ending with a Summary of Action Points for Employers structured as a four-row ready-reckoner across Foundational, Monthly, Periodical\/Annual and Event-Based Compliance—each anchored to specific section references and rendered as bullet-form obligation maps so the practitioner can move from a topic to a compliance action quickly\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and three numbered Divisions, each one corresponding to a distinct working purpose—transitional reading, statutory and interpretive reference, operative rule-making, and implementation and compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePreliminary Part | Transitional Anchor\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The preliminary part anchors the transitional reading, carrying the five concordance tables and the Comparative Study before the statutory text, so a reader coming in from legacy practice begins with the bridge between the old and the new\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One | The Code and its Interpretive Apparatus\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division One carries the Code on Wages 2019 in full with its four-layer per-section apparatus—statutory text, Corresponding Provision flag, Section Notes, Comments and Relevant Case Laws—together with the supporting interpretive materials including the Subject Index, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two | Operative Rule-Making\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division Two carries the operative rule-making: the Code on Wages (Central) Rules 2026 across its eight Chapters, with the Schedule of nine statutory Forms reproduced in full\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division Three carries the implementation and compliance apparatus: the Notifications and Clarifications module, the seven-part cross-Code FAQs covering all four Labour Codes and the seven-chapter, five-Annexure Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45454851571735,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CodeonWagesLawManual.png?v=1788000738"},{"product_id":"company-law-a-fictionalised-journey-from-incorporation-to-winding-up","title":"Company Law A Fictionalised Journey from Incorporation to Winding Up","description":"\u003cp\u003e\u003cspan\u003eFor decades, company law in India has been viewed by many as a daunting obstacle—a statute filled with provisos, cross-references, and technical definitions that intimidate entrepreneurs before they even begin. The result, as the author notes, is a damaging irony: the very legal framework meant to promote enterprise is often the one most feared by those seeking to build it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book breaks away from that tradition entirely.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eCompany Law — A Fictionalised Journey from Incorporation to Winding Up\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e follows Ayush—a sole proprietor of a growing tea business, operating from the 6\u003csup\u003eth\u003c\/sup\u003e floor of Sikaria Compound on GS Road in Guwahati—who decides it is time to incorporate and advance his enterprise. From that initial act of ambition, the reader accompanies him through the full cycle of a company's legal life under the Companies Act 2013: choosing a corporate structure, drafting foundational documents, incorporating, raising capital, governance, director management, accounts and audit, fraud investigation, oppression and mismanagement, mergers, and ultimately, the formal winding-up of the company.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAll legal concepts are introduced not through academic exposition but via Ayush's conversations—with a childhood friend who has established an OPC, with his lawyer drafting the MoA, with a former classmate who just completed an IPO, with an SFIO officer explaining financial fraud, with a cousin who is a managing director of a major firm, and with a legal executive at a fintech company being sued for mismanagement. Law surfaces through dialogue—from breakfast chats, airport pickups, WhatsApp calls, and hotel restaurant dinners. It never presents itself as a lecture.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDespite this, the book is not a loose narrative. Each concept is tied to a specific section of the Companies Act 2013, footnoted throughout. Comparisons are presented in tables. Procedural steps are laid out in sequence. Part Three—covering Offences and Penalties, E-Forms, and a Comparative Schedule—serves as a standalone compliance manual. The resulting work is a book you read and a manual you revisit, genuinely and equally.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe closing image of the book is intentionally structured: Ayush is back at the same window of his office on the 6\u003csup\u003eth\u003c\/sup\u003e floor of Sikaria Compound, gazing at the same street where his journey began. But now, the legal complexity he once feared forms the framework of his ambition. The circle is complete.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for a wide but well-defined audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEntrepreneurs and Business Founders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who need to understand the Companies Act 2013 as it applies to their enterprise at every stage—from the moment of incorporation to dividend payments, director appointments, and beyond—but who do not have the time or inclination for a traditional legal commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates, Company Secretaries, Chartered Accountants, and Compliance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want a compact, narrative-led orientation to the full corporate lifecycle, particularly useful for client counselling, onboarding junior staff, or refreshing foundational knowledge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLaw and Commerce Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e preparing for professional examinations or academic courses in corporate law, who benefit from a conversational treatment of the statute before engaging with case law or formal commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndependent Directors and Board Members\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who require a working understanding of their duties, liabilities, and procedural obligations without having to wade through the Act itself\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnyone Transitioning from a Sole Proprietorship, Partnership, or LLP into a Corporate Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, and who needs to understand precisely what changes—and what is now required of them, under the Companies Act 2013\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest Edition, commissioned by The Chambers of Tax Consultants and published exclusively by Taxmann. It is authored by Advocate Sristi Nimodia and reviewed by CS Latesh Shah. The key points of this book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNarrative-led Legal Education\u003c\/strong\u003e] The entire book is structured around the journey of Ayush and his tea business. Legal concepts emerge naturally from his conversations with friends, legal advisors, and professionals, making abstract statutory provisions concrete, memorable, and immediately applicable. This is not storytelling as a gimmick; it is storytelling as pedagogy\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Corporate Lifecycle Coverage\u003c\/strong\u003e] From the first decision about business structure to the final dissolution of a company, every major stage of a company's legal existence is addressed in sequence. No other compact guide covers this complete arc in a single, coherent narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStrict Statutory Accuracy\u003c\/strong\u003e] Despite its accessible tone, the book never sacrifices legal precision. Every concept discussed is anchored to specific sections of the Companies Act 2013, cited in footnotes throughout. The language is simple; the legal foundation is meticulous\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExhaustive Penalty and Offence Reference Tables\u003c\/strong\u003e] Part Three contains a comprehensive, tabulated compilation of offences and their corresponding penalties under the Companies Act 2013—covering penalties from prospectus violations, securities defaults, and deposit contraventions, through to board governance failures and fraud. This section alone functions as a standalone compliance risk reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete E-Forms Directory\u003c\/strong\u003e] A dedicated chapter catalogues the e-forms prescribed under the Companies Act 2013, aligned to the relevant compliance obligations discussed in the narrative. Practitioners can cross-reference the story with the actual filing requirements, giving the book its 'works like a manual' quality\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComparative Reference: Company vs. LLP\u003c\/strong\u003e] An integrated schedule (\u003cem\u003eChapter 25\u003c\/em\u003e) provides a structured comparison between a Company and a Limited Liability Partnership—covering structural, governance, liability, and compliance differences—directly relevant to the foundational decision every entrepreneur must make before incorporation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthor's Unique Interdisciplinary Grounding\u003c\/strong\u003e] Advocate Sristi Nimodia brings an unusual combination of credentials: a mathematics honours degree, actuarial science certification from the Institute and Faculty of Actuaries (UK), an LLM in Investment and Securities Law from NISM, and active legal practice. This produces a treatment of corporate law that is analytically sharp, financially literate, and practically oriented—not merely doctrinal\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart One — Foundation and Capital (Chapters 1–10) | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThis section covers the entire pre-operational and capital-formation phase of a company's life:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — The Roller Coaster Begins\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eTypes of companies (\u003cem\u003ePublic, Private, OPC\u003c\/em\u003e), minimum membership requirements, categories of members, liability structures (li\u003cem\u003emited by shares, limited by guarantee, unlimited\u003c\/em\u003e), and the OPC nominee framework\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — The Company's DNA\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eMemorandum of Association (MoA) and Articles of Association (AoA)—their purpose, content, legal standing, and alteration\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — The Birth Certificate\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eIncorporation procedures, the role of the Registrar of Companies (RoC), fraud liability at the formation stage, and Director Identification Numbers (DIN) and Corporate Identity Numbers (CIN)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — Corporate Identity\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRegistered office requirements, statutory records, company name rules, and permissible alterations to corporate identity\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Public vs. Private\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRules governing capital raising across company types—the distinction between public offers and private placements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — The Company's Public Face\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eProspectus—mandatory disclosures, misstatement liability, and investor protection provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — Ownership Unpacked\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eEquity shares, preference shares, rights issues—the architecture of share capital\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — Market vs. Books\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eCompany valuation concepts—market value versus book value, relevant for share pricing and capital decisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — The Share Lifecycle\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eShare alterations, transfer and transmission of securities, buybacks, and the Register of Members\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — The Borrowing Landscape\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDebentures, deposits, charges, and the regulatory framework for debt financing under the Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart Two — Governance and Enforcement (Chapters 11–22) | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThis section addresses the ongoing compliance obligations of a functioning company:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Corporate Housekeeping\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eStatutory registers, records maintenance, and the compliance architecture a company must sustain\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Governance in Session\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRules for member meetings—AGMs, EGMs, quorum, resolutions, voting mechanisms, and notice requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 13 — From Profit to Payment\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eThe dividend lifecycle—declaration, payment timelines, Unpaid Dividend Account obligations, and default consequences\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 14 — The Financial Mandate\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eAccounts preparation, financial statement requirements, auditor appointment, audit procedures, and the National Financial Reporting Authority (NFRA)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 15 — The Guiding Force\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDirector appointment rules—eligibility, disqualifications, DIN, independent directors, and women director requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 16 — The Director's Cycle\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDirector tenure, vacation of office, resignation, and removal procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 17 — The Board in Session\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eBoard meeting rules — frequency, quorum, notice, resolutions by circulation, and committee governance.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 18 — Executive Pay\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eKMP appointment, tenure, and managerial remuneration limits and approval requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 19 — The Red Flag Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRegulatory inspection powers, investigation into fraud, Serious Fraud Investigation Office (SFIO) jurisdiction, and the strike-off procedure for defunct companies\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 20 — Corporate Transformation\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eMerger, amalgamation, and court\/NCLT-approved schemes of arrangement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 21 — The Minority's Fight\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eOppression and mismanagement—shareholder rights, NCLT remedies, and protection of minority interests\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 22 — The Final Curtain\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eLiquidation and dissolution—voluntary winding up, NCLT-ordered winding up, the role of the liquidator, and the legal conclusion of a company's existence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart Three — Appendices and Reference (Chapters 23–25)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 23 — Offences and Penalties\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eA comprehensive, tabulated reference mapping violations to their statutory penalties across the full Act—imprisonment terms, fines per company and per officer, and continuing default penalties\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 24 — E-Forms under the Companies Act 2013\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eA structured directory of all prescribed e-forms referenced across the compliance obligations discussed in the narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 25 — Schedule\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eComparative analysis of Company vs. Limited Liability Partnership across structural, governance, and compliance dimensions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChronological Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The book's structure mirrors the temporal sequence of a company's existence. Incorporation law comes before governance law; governance law comes before enforcement and insolvency. No concept is introduced before it is needed, and no knowledge is assumed\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLaw in the Order It Becomes Relevant\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Ayush's journey is not a random walk through the statute. Each chapter addresses what a founder would actually face next—from choosing a structure, to drafting documents, to raising capital, to governing a board, to understanding what regulatory intervention looks like. The reader absorbs the law as a practising entrepreneur would encounter it\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConsistent Chapter-Level Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Every chapter follows the same internal pattern:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA dramatic or conversational opening that establishes the context and introduces the character through whom the law will be taught\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe law delivered through dialogue and supported by narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTables and comparative charts appearing at the precise point Ayush himself would need to organise the information\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFootnotes at the bottom of each page citing the exact statutory provision under discussion\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNo Summaries | Only Forward Motion\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each chapter ends not with a recap but with Ayush—having absorbed what he needed—ready to move to the next stage. The narrative drives the reader forward rather than pausing to consolidate\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThree Modes of Reading Built Into One Book\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The three-part structure—Foundation and Capital \/ Governance and Enforcement\/Appendices and Reference—supports three distinct reading modes simultaneously:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSequential reading\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a first-time founder following Ayush's full journey\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSelective navigation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a practitioner who needs a specific stage or topic\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eReference lookup\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a professional who needs the penalty table, an e-form, or the Company vs. LLP comparison at short notice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45454853865495,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CompanyLaw_AFictionalisedJourneyfromIncorporationtoWindingUp.png?v=1788001688"},{"product_id":"customs-foreign-trade-policy-ready-reckoner","title":"Customs \u0026 Foreign Trade Policy Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCustoms \u0026amp; Foreign Trade Policy (FTP) Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e, now in its 28\u003csup\u003eth\u003c\/sup\u003e continuously maintained Edition, is a single-volume treatise that consolidates the entire body of Indian indirect tax law on cross-border trade into one work. It is the standard desk reference and has been the basis of written submissions, legal opinions, and departmental guidance for nearly three decades.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book takes the reader through the full statutory edifice of India's Customs and trade regime—the Customs Act 1962; the Customs Tariff Act 1975 (\u003cem\u003eboth Schedules, including the CVD, Anti-Dumping, Safeguard, and CVD-on-subsidised-goods machinery\u003c\/em\u003e); the Foreign Trade (Development \u0026amp; Regulation) Act 1992 and Rules thereunder; the Special Economic Zones Act 2005 and SEZ Rules 2006; the International Financial Services Centres Authority Act 2019; and the Foreign Trade Policy 2023 together with the Handbook of Procedures (HBP). It weaves into this structure the subordinate framework of valuation rules, baggage rules, courier regulations, customs broker licensing regulations, warehousing regulations, MOOWR, drawback rules, SEZ rules, RoDTEP\/RoSCTL schemes, SCOMET controls, and the Provisional Collection of Taxes Act 2023.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated is current as of the Finance Act 2026, and the text incorporates all consequential changes notified by the CBIC and the DGFT up to the cut-off, including the newly notified Baggage Rules, 2026 and the Customs Baggage (Declaration and Processing) Regulations 2026 (\u003cem\u003eeffective 2\u003csup\u003end\u003c\/sup\u003e February 2026\u003c\/em\u003e). The CBIC's Customs Manual 2025 (relea\u003cem\u003esed in supersession of the 2023 Manual and updated to 1\u003csup\u003est\u003c\/sup\u003e February 2025\u003c\/em\u003e) is cross-referenced throughout the book at the relevant paragraphs.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is designed for readers who need to work with both the underlying statute and the operating circulars simultaneously:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Advisors, Chartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising importers, exporters, freight forwarders, and Customs brokers on duty optimisation, classification, valuation challenges, refund claims, scheme eligibility (\u003cem\u003eAA\/DFIA\/EPCG\/RoDTEP\/RoSCTL\u003c\/em\u003e), and litigation at every appellate level\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax and Trade-Compliance Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eof manufacturers, trading houses, e-commerce operators, Free Trade Warehousing Zones, Status Holders, SEZ units, EOUs\/EHTP\/STP\/BTP units, and IFSC entities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Brokers (CBs\/CHAs) and Logistics Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling Bill of Entry and Shipping Bill filings, customs bonds, warehousing operations, drawback, and AEO compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOfficers of the CBIC, DGFT, DRI, SVB, SEZ Development Commissioners, and IFSCA\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e needing an organised, section-by-section reference to statute, rule, circular, manual, and case-law on any point of Customs or FTP practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Bodies, Exporters' Associations, Consultants, and Policy Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e tracking FTA\/PTA implementation, rules of origin, SCOMET dual-use controls, export promotion incentives, and ease-of-doing-business initiatives\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCandidates Preparing for the CA Final, CS Professional, CMA Final, Departmental Examinations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e (Inspector\/Superintendent\/Appraiser), and LL.M. (Taxation) programmes, where Customs and FTP form part of the syllabus\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 28\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. It is authored by Mr V.S. Datey, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree-Tier Integrated Treatment at Every Paragraph\u003c\/strong\u003e] Statutory text (\u003cem\u003eAct and section number\u003c\/em\u003e) → subordinate legislation (\u003cem\u003erule, regulation, notification number and date\u003c\/em\u003e) → administrative guidance (\u003cem\u003eCBIC circular, CBIC Customs Manual 2025 chapter and paragraph, DGFT policy circular, MCI-DC(SEZ) instruction, RBI circular\u003c\/em\u003e) → leading judicial authority. This four-layer citation density is the book's defining feature and is what allows it to be used directly in written submissions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Case-Law Commentary\u003c\/strong\u003e] It is woven into the narrative at the point of discussion, drawing on Supreme Court Constitution Benches (\u003cem\u003eM. Jhangir Bhatisha, J.V. Gokal\u003c\/em\u003e), 3-member Supreme Court benches (\u003cem\u003eApar P. Ltd., Kiran Spinning Mills, Garden Silk Mills, LML, Jain Brothers\u003c\/em\u003e), High Court Division Benches, CESTAT decisions, and recent pronouncements, including Union of India v. Mohit Minerals (P.) Ltd. on extra-territorial legislative competence\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthor's Editorial Notes and Interpretative Critique\u003c\/strong\u003e] Where the text draws attention to conflicting judgments, departmental positions that may not survive judicial scrutiny, or practical difficulties (\u003cem\u003ee.g., commentary flagging that the Bombay High Court ruling in V.M. Salgaocar may not have had Section 16 brought to its notice\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eParagraph-Numbered Drafting\u003c\/strong\u003e] It enables precise cross-referencing within the book and in opinions, replies to Show-Cause Notices, and written submissions before adjudicating authorities and Tribunals\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFTP Paragraph-Level Citation Throughout Chapters 42–61\u003c\/strong\u003e] This book maps the commentary directly to paragraphs of FTP 2023 (\u003cem\u003ee.g., Para 4.09, 4.12(i)–(iv), 4.16, 4.20, 11.14\u003c\/em\u003e) and Handbook of Procedures (\u003cem\u003ee.g., Para 4.06, 4.07, 4.60\u003c\/em\u003e), as well as to Customs notifications issued in the FTP machinery (\u003cem\u003ee.g., Notification Nos. 21\/2023-Cus, 24\/2023-Cus dated 1-4-2023 with paragraph-level references\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Comparison with the CGST Act at Multiple Points\u003c\/strong\u003e] It highlights where Customs and CGST share conceptual architecture (\u003cem\u003etransaction value, related persons, unjust enrichment, short-levy recovery, advance ruling, search \u0026amp; seizure, arrest \u0026amp; prosecution\u003c\/em\u003e), which is particularly useful for indirect tax practitioners handling both regimes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-Wise Index to the Customs Act 1962\u003c\/strong\u003e] It runs across multiple pages, mapping every section (\u003cem\u003eincluding inserted, amended, and omitted sub-sections, and lettered sections such as 2(28A\u003c\/em\u003e), \u003cem\u003e11B, 11I, 28J, 56A, 151A\u003c\/em\u003e) to the paragraph numbers where each is analysed. This enables section-first navigation from statute to commentary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGlossary of Acronyms\u003c\/strong\u003e] It covers the full operating vocabulary of Customs and FTP practice.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Subject Index\u003c\/strong\u003e] It is incorporated at the end for topic-first lookup\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCurrent CBIC Customs Manual, 2025 integration\u003c\/strong\u003e] The 2025 Manual (\u003cem\u003eupdated to 1\u003csup\u003est\u003c\/sup\u003e February 2025, superseding the 2023 Manual\u003c\/em\u003e) is cited in the relevant paragraphs throughout, with chapter and paragraph references\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is organised into 61 chapters and structured as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision A — Customs Law (Chapters 1–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFoundational Framework (Chapters 1–2)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eConstitutional basis of Customs duty (\u003cem\u003eEntry 83, List I\u003c\/em\u003e), charging sections (\u003cem\u003eSection 12 of Customs Act; Section 3 of Customs Tariff Act\u003c\/em\u003e), taxable events for imports and exports, innocent passage under UNCLOS, duty on free replacements and free supplies, and the Provisional Collection of Taxes Act 2023\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAll duties of Customs: Basic Customs Duty, IGST on imports, Social Welfare Surcharge, Road and Infrastructure Cess, Additional Customs Duty under Sections 3(1)\/3(3)\/3(5), Anti-Dumping Duty, Countervailing Duty on subsidised goods, Safeguard Measures, NCCD, Education Cess, Export Duty, and the abolished GST Compensation Cess on imports\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eClassification (Chapters 3–4)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eCustoms Tariff Act architecture, the Rules for Interpretation (GIR), application of GIR in the Tariff, conflict between headings, classification of parts, HSN\/ITC(HS), trade parlance theory, relevance of end-use, and burden of proof\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eValuation (Chapters 5–7)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eTransaction value, WTO Valuation Agreement, rate of exchange, inclusions and exclusions from assessable value, valuation of second-hand machinery and old motor cars, declaration obligations of importer, and the five successive alternative methods (\u003cem\u003eidentical goods, similar goods, deductive, computed, residual\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eValuation of export goods, rejection of declared value, and over-invoicing\/mis-declaration.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eAssessment and Administration (Chapters 8–9)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eSelf-assessment, provisional assessment and its finalisation, interest on provisional assessment, best-judgment assessment, the doctrine of no res judicata in taxation, administrative hierarchy, and the binding nature of departmental circulars\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eProcedures (Chapters 10–19)\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eGeneral procedures for import or export by sea, air, and land; Customs stations, ICDs, AFSs, Special Notified Zone for rough diamonds, Indian sailing vessels (dhows)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eImport procedures: Bill of Entry, valuation at assessment, payment under protest, relevant dates for rate and exchange, execution of bonds, clearance from the import policy perspective, post-self-assessment procedure, software imported through data communication, demurrage, storage pending clearance, and disposal of uncleared cargo\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExport procedures: person-in-charge obligations, exporter obligations, 'let export' permission, and related procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCustoms Broker licensing, suspension and revocation, and limited liability\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eBaggage: general free allowance, transfer of residence allowance, rates, control provisions, procedures—fully updated for the Baggage Rules 2026 and CBDPR 2026.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCourier and post imports\/exports, e-commerce consignments, and the removed courier export value ceiling\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExemption from Customs duty, interpretation of exemption notifications (\u003cem\u003estrict construction, purposive construction, and the intersection thereof\u003c\/em\u003e), specific exemptions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRemission of duty, re-imports, and re-exports\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDemands, Refunds, Recovery, and Warehousing (Chapters 20–27)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDepartmental adjudication, demands under Section 28 (\u003cem\u003eordinary, undervaluation, and suppression\/wilful misstatement\/collusion routes\u003c\/em\u003e), interest for delayed payment, recovery of dues under Section 142\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRefund of Customs duty, interest on delayed refunds, and the doctrine of unjust enrichment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWarehousing: public and private warehouses, MOOWR (Manufacture and Other Operations in a Warehouse) scheme, bonded manufacturing, warehousing period, interest, transfer of warehoused goods (\u003cem\u003eincluding the new Section 67 regime\u003c\/em\u003e), removal for home consumption or export\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEnforcement, Penalties, Confiscation, and Prosecution (Chapters 28–35)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eEnforcement powers of Customs officers (\u003cem\u003esearch, seizure, summons, arrest\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePenalties for non-payment of duty, other penalties under the Customs Act, confiscation of goods and conveyances, miscellaneous provisions, criminal offences, proofs in adjudication and prosecution, and the Interim Board for Settlement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eAppellate Machinery (Chapters 36–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDepartmental appeal and review, First Appeal (\u003cem\u003eCommissioner Appeals\u003c\/em\u003e) and revision, appeal to CESTAT, powers and limitations of the Tribunal, and appeals to the High Court and the Supreme Court\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision B — Foreign Trade Policy (Chapters 42–61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003ePolicy Framework (Chapters 42–46)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eOverview of FTP 2023, general provisions relating to imports and exports, IEC\/e-IEC, RCMC, status holder certification, import of goods, export of goods, and the District as Export Hub initiative\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eExport Promotion Schemes (Chapters 47–51, 58)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eAdvance Authorisation—eligibility, Standard Input-Output Norms (SION), self-declaration norms, minimum value addition (\u003cem\u003e15% general, 50% tea, 25% spices, G\u0026amp;J sector separately\u003c\/em\u003e), mandatory spares, ineligible categories, accounting of inputs, pre-import conditions, duties exempted (\u003cem\u003eBCD, Additional Duty, Education Cess, Anti-Dumping, CVD, Safeguard, Transition Product Specific Safeguard, IGST, Compensation Cess\u003c\/em\u003e), admissibility of drawback, actual-user condition, free-of-cost supply by foreign buyer, domestic sourcing via ARO\/Invalidation Letter, SEZ sourcing, and currency for realisation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDFIA (Duty Free Import Authorisation)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGem and Jewellery Units\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRoDTEP and RoSCTL remission schemes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEPCG and Project Imports\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDuty Drawback—All Industry Rates, Brand Rates, claim procedure, drawback on re-export, and other drawback provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eExport-Oriented Entity Regimes (Chapters 52, 59, 61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eEOU\/EHTP\/STP\/BTP—setup, entitlements, personal carriage, fast-track clearance for Status Holders, DTA sale, routine procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSpecial Economic Zones—Chapter 59 covers SEZ policy, setting up units, routine operations, supplies from DTA to SEZ and vice versa, Developer\/Co-Developer provisions, criteria for SEZ approval (\u003cem\u003eminimum investment of ₹250 crore or net worth ₹50 crore for sector-specific; ₹1,000 crore or net worth ₹250 crore for multi-product\u003c\/em\u003e), sub-contracting, boundary wall requirements, EEFC account entitlement for developers, FDI reduction norms, State policies, labour laws, exemption from cesses and duties, exemption from stamp duty under the Indian Stamp Act, GST provisions applicable to SEZ, and Free Trade Warehousing Zones (FTWZ)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInternational Financial Services Centre (IFSC)—regulatory background, IFSCA, financial services regulation, insurance, leasing, bullion, securities market, and education sector regulations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eSpecialised Regimes and Controls (Chapters 53–57, 60)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDeemed Exports—categories of supply, deemed export by main\/sub-contractors, refund of Terminal Excise Duty, drawback on deemed exports, risk management, penal action for mis-declaration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuality Complaints and Trade Disputes—CQCTD mechanism\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCross-Border Trade in Digital Economy (E-Commerce)—courier\/post exports, E-Commerce Export Hubs (ECEHs), Dak Niryat Kendras\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSCOMET—categories and licensing jurisdiction, export of SCOMET items, DTA-to-SEZ\/EOU supplies, export of imported SCOMET items, outreach programmes, voluntary self-disclosure\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMiscellaneous FTP Provisions—transitional arrangements, trade facilitation, ease of doing business, time-bound DGFT services, grievance redressal, Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), Generalised System of Preferences (GSP), Duty-Free Tariff Preference (DFTP) for LDCs, Certificates of Origin, TRQ under FTA\/CECA, Rules of Origin (non-preferential), Approved Exporter Scheme (AES) for self-certification.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFT (D\u0026amp;R) Act and Rules—scheme of the Act, DGFT powers, penalty and adjudication, penalties for violation of FTP, continuation of proceedings against companies under the Insolvency Code\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a deliberate concept-to-compliance-to-enforcement progression:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision A (Customs Law—Chapters 1–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e opens with the conceptual framework (\u003cem\u003enature, taxable event, classification, valuation\u003c\/em\u003e), moves through transactional compliance (\u003cem\u003eimport, export, baggage, warehousing, exemptions\u003c\/em\u003e), and culminates in the full enforcement and appellate cycle (\u003cem\u003edemands, refunds, adjudication, penalties, prosecution, appeals up to the Supreme Court\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision B (FTP—Chapters 42–61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e begins with the FTP 2023 framework and general import\/export policy, then sequences the export promotion instruments (\u003cem\u003eAdvance Authorisation, DFIA, EPCG, RoDTEP\/RoSCTL, Duty Drawback\u003c\/em\u003e), the entity-based regimes (\u003cem\u003eEOU\/EHTP\/STP\/BTP, SEZ, IFSC\u003c\/em\u003e), and the specialised regimes (\u003cem\u003eSCOMET, Deemed Exports, E-Commerce exports\u003c\/em\u003e). It closes with the FT (D\u0026amp;R) Act and ancillary enforcement machinery\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithin each chapter, the content is broken into numbered paragraphs and sub-paragraphs , each dealing with a discrete proposition of law or a specific compliance point. This enables the reader to navigate directly to the relevant paragraph without wading through continuous narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNavigational aids include:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eChapter-heads at the front\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed Contents at sub-paragraph level\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection-wise Index to the Customs Act 1962.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGlossary of Acronyms\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSubject Index at the end\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460197244951,"sku":null,"price":1816.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Customs_ForeignTradePolicy_FTP_ReadyReckoner_952fbc20-1171-43f7-b999-6dea19cd2f24.png?v=1788160506"},{"product_id":"customs-law-practice","title":"Customs Law \u0026 Practice","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCustoms Law \u0026amp; Practice\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is conceived as a practical, research-oriented and citation-friendly single-volume commentary on India's customs law. It brings together the Customs Act 1962 and the Customs Tariff Act 1975 in a structured, section-wise format, so that the practitioner does not have to move between multiple books, notifications, circulars, rules and case-law sources to understand the law applicable to a particular provision.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe underlying philosophy of the publication is simple: the bare statute provides the text of the law, whereas effective professional practice requires much more. The commentary therefore places the statutory provision alongside its amendment history, detailed analysis, judicial interpretation, subordinate legislation, departmental circulars and practical illustrations wherever computation, timing, classification or characterisation can materially affect the outcome. The result is a consolidated reference work designed to move seamlessly from the text of the law to its practical application.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe publication is equally relevant to professionals seeking a quick answer and to researchers who need to trace an issue comprehensively. Its consistent presentation makes it easy to locate the statutory provision, understand its legislative history, identify the relevant rules and regulations, review the departmental position and examine the leading judicial authorities. The approach is particularly useful for advisory assignments, litigation, audits, investigations, assessments, refund and drawback matters, as well as day-to-day import and export compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eFor litigators and counsel, the commentary is structured to facilitate drafting of replies, appeals, written submissions and legal opinions. For tax and trade professionals, it provides a consolidated bridge between the statutory framework and the subordinate legislation and administrative guidance that govern actual customs practice. For corporates and in-house teams, it serves as a dependable desk reference for identifying legal exposure and evaluating compliance positions. This book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Cost Accountants and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Useful for customs advisory, opinions, refund and drawback claims, audits, assessments and broader indirect-tax assignments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Litigation Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A practical research aid for preparing replies, appeals, written submissions and arguments, supported by mapped case-law and analytical commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Brokers, Freight Forwarders, Custodians and Logistics Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Helps navigate licensing, manifests, transhipment, custodial responsibilities, cargo facilities and other operational obligations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eImporters, Exporters and EXIM\/Trade-Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Supports day-to-day customs clearances, origin claims, bonded operations, duty deferment, amendments and post-clearance compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-house Finance, Tax and Legal Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Provides an integrated reference for valuation, related-party transactions, AEO matters, provisional assessment, audit and investigation exposure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms and Departmental Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A consolidated reference for understanding statutory powers, jurisdiction, adjudication and penal provisions alongside the operative administrative framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Students and Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A useful source for structured study and deeper research in customs law, indirect taxation and international trade\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Policy and FTA Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Brings together the relevant Rules of Origin and connects them with the broader customs framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, as amended by the Finance Act 2026 and updated till 1\u003csup\u003est\u003c\/sup\u003e August 2026. It is authored by Kishore Harjani, and is structured to provide a current and reliable statement of the law while retaining the historical trail necessary for understanding how the provisions have evolved. The book carries the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Section-wise Coverage\u003c\/strong\u003e] Detailed commentary on the Customs Act 1962 and the Customs Tariff Act 1975, including provisions that have been omitted, with appropriate reference to their earlier statutory position wherever relevant\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Amendment Trail\u003c\/strong\u003e] The legislative history of provisions is carefully tracked through amendments, insertions, substitutions, omissions and renumbering. Where historical wording is material, the earlier position is also retained so that the law applicable at a particular point in time can be reconstructed\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStrong Judicial Perspective\u003c\/strong\u003e] Landmark judicial rulings and supporting decisions are brought together with the relevant propositions mapped to the provisions they interpret—making the case-law component practical rather than merely a list of authorities\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Statute-to-Rule Bridge\u003c\/strong\u003e] Relevant rules and regulations framed under statutory provisions are systematically mapped, allowing readers to move directly from the enabling provision to the delegated legislation that gives it practical effect\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCirculars and Departmental Guidance\u003c\/strong\u003e] Relevant CBIC circulars and instructions are presented substantively, explaining the administrative position and its practical significance, with references for verification. In all, 325 distinct circulars, 182 notifications and 115 instructions are cited. Important instruments issued by other authorities are also brought together where they influence customs practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Illustrations\u003c\/strong\u003e] 138 worked illustrations are incorporated at provisions where calculations, timelines, procedural requirements or legal characterisation can change the result. These examples translate technical provisions into practical fact situations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Guide\u003c\/strong\u003e] A dedicated opening section explains the customs-related amendments made by the Finance Act, 2026, including commencement and comparative treatment, making the latest legislative changes easier to understand\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules of Origin\u003c\/strong\u003e] 18 separate Rules of Origin frameworks are consolidated, from the GSTP Rules of 1989 through to the India–UK CETA Rules 2026, enabling professionals dealing with preferential trade agreements and origin claims to access the applicable rules in a single reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules, Regulations and Statutory Forms\u003c\/strong\u003e] Thirty-six sets of subordinate legislation are reproduced in an accessible arrangement, together with important forms, annexures and appendices, reducing the need to consult multiple external sources while working through the commentary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCustoms Tariff with Interpretative Framework\u003c\/strong\u003e] The Customs Tariff Act commentary is supplemented by the General Rules for Interpretation, explanatory material, units and abbreviations and the Export Tariff, supported by examples and relevant authority\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAdditional Practical Materials\u003c\/strong\u003e] A dedicated compilation of common circulars and related administrative instruments issued by authorities such as RBI, CBDT, FSSAI and others is included where such material intersects with customs practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is arranged in three broad divisions to create a logical progression from the principal statutes to the subordinate legislative framework, and—within the two commentary divisions—on a single presentation template that repeats without variation from the first section to the last.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThree Integrated Divisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision One | Customs Act 1962\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The Arrangement of Sections, then the full text of the Act with detailed section-wise notes under every provision, closing with supporting finding aids\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision Two | Customs Tariff Act 1975\u003cstrong\u003e \u003c\/strong\u003e\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— The Arrangement of Sections and the text with section notes, followed by the General Rules for Interpretation, the explanatory notes and the Export Tariff\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision Three | Rules \u0026amp; Regulations\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Thirty-six sets of subordinate legislation in a consolidated format, each with its arrangement of rules, forms and annexures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Consistent Template Throughout the Commentary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each statutory provision follows a uniform presentation designed to make research faster and more intuitive\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eStatutory Text\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The provision as currently in force, under its marginal heading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAmendment Trail\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The full record of substitutions, insertions, omissions and renumbering, with the superseded text retained where it is material\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAnalytical Commentary\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Depending on the provision, this brings together section notes, landmark rulings, relevant rules and regulations, departmental circulars and practical illustrations. The architecture allows the reader to understand not only what the provision says, but also how it operates in practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIllustration Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEach set of illustrations walks through a provision's full practical life cycle rather than sampling it. Under Section 129E, for instance, the sequence runs: pre-deposit at the first appellate stage; pre-deposit at the Tribunal stage; cumulative computation across both; the statutory monetary cap; the transitional saving for matters already pending; and recovery of the deposit on success—six numbered fact patterns on a single page, covering the question end to end\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eWith its combination of statutory text, legislative history, analytical commentary, case law, subordinate legislation, departmental guidance and practical illustrations, Customs Law \u0026amp; Practice is designed to serve as a comprehensive professional companion for anyone working with Indian customs law. For professionals who require more than the bare text of the law, this edition offers a structured route from provision to proposition, from proposition to authority, and from authority to practical application.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460198096919,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CustomsLaw_Practice.png?v=1788160270"},{"product_id":"dividends-deemed-dividend","title":"Dividends, Deemed Dividend","description":"\u003cp\u003e\u003cspan\u003eA dividend looks like the simplest transaction in corporate finance: a company earns profit, and gives some of it to its owners. That simplicity is an illusion. By the time a single rupee reaches a shareholder, it has had to survive Section 123 of the Companies Act 2013; the inclusive—and famously elastic—definition in Section 2(22) of the Income-tax Act 1961; the newly enacted Section 2(40) of the Income-tax Act 2025; a withholding obligation whose trigger point may have just moved; FEMA's Non-Debt Instruments Rules; an applicable DTAA read alongside the Multilateral Instrument; and some seventy years of accumulated judicial precedent, much of it decided on facts that no longer exist.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDividends, Deemed Dividend—Declaration, Distribution and Conceptual Taxation Framework is CA. Nitin Bhuta's attempt—to hold all of that in a single hand. Drawing on thirty-three years of practice, the author has compressed a subject that ordinarily sprawls across three or four volumes into 142 pages of text across 21 chapters, without hollowing it out. As reviewer CA Srinivasan Anand. G. observes: \u003cem\u003e'The subject matter of a lengthy commentary running into 100s of pages in three or four volumes has been captured in a thin handy book in a concise manner.\u003c\/em\u003e'\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat makes the book distinctive is its refusal to read tax law in a vacuum. The structural insight running through it is that a defective declaration under company law is the seed of a tax dispute—so the two must be read together. The book therefore moves fluidly between the Board resolution and the assessment order, between the Register of Members and Form 27Q, between Section 52 of the Companies Act and Section 2(22)(e) of the Income-tax Act. That is how the problem actually presents itself in practice, and almost never how it is written about.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt is also, unusually, a book written from inside a transition. It does not merely note that the Income-tax Act 2025 exists—it maps it, section by section and rule by rule, against the 1961 Act, then goes further and asks the question practitioners actually need answered: do the old judgments still work? The answer given is nuanced and, importantly, hedged. Under the doctrine of continuity, precedents under ITA 1961 'would, in principle, continue to hold persuasive value' under ITA 2025—but readers are expressly advised to test each pronouncement against the revised framework before relying on it. That is a more honest position than most transition literature takes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAbove all, the book takes positions. Contested questions are framed as 'Posers' and answered with the author's own reasoned view—on whether Section 56(2)(x) is triggered on capital reduction, whether PMS fees are deductible against dividend income, whether a year-end provision for proposed dividend attracts TDS, when a dividend held up by RBI approval becomes taxable, whether Section 94(7) reaches shares acquired by gift or inheritance. Several of these views are contentious, and the author says so, flagging where a position 'is likely to be subject to scrutiny and litigation.' A practitioner can disagree with them. But they are usable—which is more than can be said of a hedge.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is pitched at anyone who has to make, defend, verify, or advise on a dividend decision:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Tax Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—advising on declaration, quantifying deemed dividend exposure, determining withholding, defending positions in assessment and appeal\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Litigators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—the Section 2(22) analysis is built on tracked Supreme Court and High Court precedent, indexed four ways for retrieval\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatutory Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—Rule 11(f) requires the auditor's report to state 'Whether the dividend declared or paid during the year by the company is in compliance with section 123 of the Companies Act 2013.' The 44-point checklist exists to discharge precisely that duty\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—direct guidance on Clause 36A of Form 3CD (\u003cem\u003edeemed dividend\u003c\/em\u003e) and its analogue Clause 48 of Form 26 under ITR 2026, including what must be reported and, pointedly, what the auditor is not required to opine on\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Directors and Boards\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—who carry the statutory obligation, and the personal exposure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Secretaries and Compliance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—record dates, book closure, minutes, MR-3, stock exchange intimation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCFOs and Corporate Tax Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, especially in closely held groups where intra-group loans routinely mutate into deemed dividends\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Tax and FEMA Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—FC-GPR, FC-TRS, APR, TRC, Form 10F, beneficial ownership, POEM, MLI Article 8\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInvestors, NRIs and their Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—dividend income, treaty relief, foreign tax credit\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—a coherent integrated framework rather than fragmented statutory reading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest Edition, commissioned by The Chambers of Tax Consultants, authored by CA. Nitin Bhuta and published exclusively by Taxmann, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-disciplinary Text\u003c\/strong\u003e] Company law, tax law, FEMA and audit are read as one system. Not four subjects bolted together, but a single argument: the Articles authorise, the Board recommends, the AGM approves, the bank account segregates, the TDS crystallises, the auditor verifies, the assessee reconciles. Break the chain anywhere, and the consequences travel in every direction\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMapping Tables\u003c\/strong\u003e] Includes two full comparative tables—ITA 1961\/IT Rules 1962 vs. ITA 2025\/IT Rules 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Core, Dissected\u003c\/strong\u003e] A 30+page forensic treatment of Section 2(22)\/Section 2(40). Every sub-clause (a) through (f) is analysed for its cumulative conditions, then stress-tested scenario by scenario with the governing precedent attached\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Select Committee Record\u003c\/strong\u003e] Verbatim Parliamentary Select Committee proceedings on Clause 2(40). The book's most distinctive research contribution\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePositions, Not Hedges\u003c\/strong\u003e] Contested questions posed and answered. Eleven numbered Posers across five blocks, each with the author's view, the reasoning, and, where warranted, a candid risk rating.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Working Paper for Rule 11(f)\u003c\/strong\u003e] A 44-point Corporate Dividend Audit Checklist with a formal sign-off block. Segmented into Corporate Law Documentation, Income Tax Law Documentation and Any other Documentation, with Yes\/No\/NA, tagged document reference, and Prepared By\/Reviewed By\/Approved By\/Working Papers Verified By. It is a working paper, not an illustration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour Ways In\u003c\/strong\u003e] A 70-entry Index of Judicial Citations, Circulars and Notifications—plus an Alphabetical Judgment Index (\u003cem\u003e61 judgments\u003c\/em\u003e), a Subject-wise Index and an Income-tax Section-wise Index. Four routes into the same material\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThirty Treaties at a Glance\u003c\/strong\u003e] A 30-country DTAA withholding rate table, with holding-threshold conditions and allocation of taxing rights\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eKnows Its Own Limits\u003c\/strong\u003e] Demonstrates intellectual honesty about its own boundaries. The author expressly declines to litigate buy-back capital gains controversies, noting that the book 'deals exclusively with the taxation of dividends'; and concedes that cross-border dividend taxation 'could, in itself, warrant a dedicated treatise'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — Synopsis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA two-page map of the argument: exemption → DDT → shareholder-level taxation; the Section 123 spine; the ITA 1961\/2025 comparison; deemed dividends; expense deductibility and anti-avoidance; international payouts, DTAAs and FEMA; buy-back and inter-corporate dividends\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — Conceptual Framework\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOpens with the Dutch East India Company, the first public company to pay regular dividends—roughly 18% of share value annually for nearly two centuries. Under Section 123, listed, unlisted, closely held and foreign companies and OPCs may declare; LLPs and Section 8 companies are barred. Dividend policy is then read as a proxy for governance quality, contrasting professionally managed companies against closely held entities balancing distribution against tax and retention. Closes with the full arc of dividend taxation in tabular form: shareholder-taxable up to 31-3-1997 → Section 115-O DDT (\u003cem\u003e10%, 12.5%, 15%, 17.65% across years\u003c\/em\u003e) → Section 115BBDA (\u003cem\u003eAY 2017-18; an extra 10% above ₹10 lakh\u003c\/em\u003e) → Section 115R for mutual funds → today, fully taxable as 'Income from Other Sources', surcharge capped at 15%. Also flagged: dividends are specified financial transactions under Section 285BA (\u003cem\u003eSection 508 of ITA 2025\u003c\/em\u003e), making AIS\/TIS reconciliation a litigation-avoidance discipline rather than a formality\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — Corporate Law: Basic Provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInterim dividend is declared by the Board alone; final dividend is recommended by the Board and approved at the AGM. Where profits fall short, dividends may be paid from free reserves on four cumulative conditions: the rate must not exceed the three-year average; the withdrawal must not exceed one-tenth of paid-up capital plus free reserves; the sum drawn must first absorb the year's losses; and the residual reserve must not fall below 15% of paid-up capital. Critically, these bind only free reserves—the 'Surplus' balance may be distributed without limit\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThen the Section 123 mechanics: deposit in a separate scheduled bank account within 5 days of declaration; payment only to the registered shareholder per the Register of Members; payment only in cash; disbursement within 30 days. Transfer to General Reserve is now optional, against the mandatory regime under Section 205(2A) of the 1956 Act. Non-residents trigger FEMA, the Non-Debt Instruments Rules and the FLA Annual Return—though the Companies Act prescribes no separate treatment for them. Also tested: AoA authorisation, stock exchange intimation, record-date book closure, the bar on distributing from share premium, and review of the statutory audit report and the Secretarial Audit Report (\u003cem\u003eForm MR-3\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — Comparative Sections and Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe two mapping tables—worth the price of admission alone for anyone advising across the changeover. Roughly forty provisions are traced: 2(22)→2(40), 8→7, 14A→14, 45→67, 56→92, 57→93, 80M→148, 94→175, 92E→172, 95→178, 139→263, 194→393, 195→393, 206AA→397, 270A→439, 285BA→508, 297→536, among others. Note also the exemptions that simply disappear: 10(34), 10(34A) and 10(35) have no counterpart under ITA 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Residential Status\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA burden-of-proof asymmetry opens the chapter: Section 6(2) presumes an HUF, firm or AOP resident, with the burden on the entity (\u003cem\u003eSubbayya Chettiar, SC\u003c\/em\u003e)—but for an individual or company the burden sits with the department (\u003cem\u003eMoosa S. Madha, SC\u003c\/em\u003e). Then the 182-day and 60\/365-day tests, the crew and visiting-PIO exceptions, deemed residence under Section 6(1A), and RNOR on the 120\/182-day band. The Article 4 tie-breaker runs in strict sequence, stopping the moment it resolves: Permanent Home → Centre of Vital Interests → Habitual Abode → Nationality → MAP. On split residency, ITA 1961 does not recognise it within a year, but Pradeep Narasimhan (2026) draws the key distinction—the DTAA allocates taxing rights; chargeability arises under domestic law—so treaty benefits may be claimed stream-by-stream\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFor HUFs, firms and AOPs, control and management is de facto, not de jure: the task is locating the 'head and brain' (\u003cem\u003eNandlal Gandalal, SC\u003c\/em\u003e). An Indian company is resident by incorporation, with the reverse risk that control exercised abroad may create a PE or POEM there; foreign companies with turnover above ₹50 crore are tested on a POEM basis year by year—with a safeguard worth knowing: a POEM finding requires approval from a three-member collegium of Principal Commissioners\/Commissioners, and the company must be heard first\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — Definition of Dividend and Deemed Dividend Controversies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe definition is inclusive, not exhaustive (\u003cem\u003eKantilal Manilal, SC\u003c\/em\u003e), so a distribution outside the listed sub-clauses may still be a dividend. A full side-by-side of Section 2(22) against Section 2(40) follows; the verdict is that the two are pari materia, re-arranged 'to simplify the law and facilitate implementation, thereby reducing potential litigation.' Two real departures emerge. Sub-clause (d): ITA 1961 reaches only accumulated profits arising after the year ending before 1st April 1933; ITA 2025 drops the date entirely. Sub-clause (f)—the buy-back cliff—is omitted from Section 2(40) by the Finance Act 2026: paid on or before 31-3-2026 it is deemed dividend; paid on or after 1-4-2026 it is capital gains under Section 69, even if the buy-back completed earlier\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAccumulated profits are computed on commercial, not income-tax, profits: depreciation is deducted (\u003cem\u003eNavnitlal C. Jhaveri\u003c\/em\u003e); reserves are included (\u003cem\u003eP.K. Badiani, SC\u003c\/em\u003e) but provisions for taxation and dividends are not (\u003cem\u003eV. Damodaran, SC\u003c\/em\u003e); balancing charge is excluded (\u003cem\u003eUrmila Ramesh, SC\u003c\/em\u003e); tax-free income is included (\u003cem\u003eTea Estates India, SC\u003c\/em\u003e), while capital receipts count only if chargeable as capital gains (\u003cem\u003eShort Bros., SC\u003c\/em\u003e). Assessment additions split neatly—concealed income counts, inadmissible expenditure does not\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSub-clause by sub-clause. (a) needs both distribution out of accumulated profits and release of assets, covering kind as well as cash—'a dividend need not be distributed in money; it may be distributed by delivery of property or a right having monetary value' (\u003cem\u003eKantilal Manilal\u003c\/em\u003e), valued at market value when entitlement arises; bonus shares to equity holders release nothing, so fall outside. (b) catches debentures and deposit certificates, and bonus shares to preference holders, despite no release of assets. (c) applies only in liquidation, and counter-intuitively bites even where the distribution does not exceed subscribed capital (\u003cem\u003eVidyutrai V. Desai\u003c\/em\u003e). (d) carries a sharp drafting catch: unlike (f), it cites no Companies Act section, so it applies whether the reduction runs through Section 66 or Section 230—and extinguishment of rights is a 'transfer' under Section 2(47) (\u003cem\u003eKartikeya V. Sarabhai; Grace Collis, SC\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection 2(22)(e)—the litigation engine. Two scenarios: a closely held company lending to a registered shareholder who is the beneficial owner of shares carrying ≥10% of voting power (\u003cem\u003edividend in his hands\u003c\/em\u003e), or to a concern in which that shareholder has a substantial interest—≥20% of equity share capital where the concern is a company, or of its income otherwise (\u003cem\u003edividend in the concern's hands\u003c\/em\u003e). The trap most people miss: holdings in different capacities cannot be aggregated—individual and HUF capacity count separately\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMore than twenty transaction types are then sorted, each with its governing precedent. Caught: overdrafts, loans in kind, layered arrangements routed on a shareholder's behalf (\u003cem\u003eL. Alagusundaram Chettiar, SC\u003c\/em\u003e), consistent debit balances, advances against property lacking immediacy (\u003cem\u003eSunil Chopra\u003c\/em\u003e), loans funded out of exempt agricultural income—bona fide intent being no defence, since the provision bites on grant. Outside: corporate guarantees; subsidiary loans where the recipient is not a shareholder (\u003cem\u003eRajeev Chandrashekhar\u003c\/em\u003e); genuine trade advances (\u003cem\u003eCircular 19\/2017\u003c\/em\u003e); debtor–creditor dealings; business advances (\u003cem\u003eAccel Ltd.\u003c\/em\u003e); money-lending in the ordinary course; beneficial but unregistered shareholders (\u003cem\u003eNational Travel Services, SC\u003c\/em\u003e); call money and share application money; and distributions out of share premium, barred by Section 52. Three further rules: an amount once taxed cannot be taxed again (\u003cem\u003eG. Narasimhan, SC\u003c\/em\u003e); repayment within the same year is no defence (\u003cem\u003eTarulata Shyam, SC\u003c\/em\u003e); and there is no monetary threshold at all\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTax audit interface. Clause 36A of Form 3CD (\u003cem\u003eClause 48 of Form 26\u003c\/em\u003e) requires transaction-by-transaction reporting, cross-verified against Form 26AS\/AIS\/TIS. Crucially, the auditor need not opine on taxability or quantify the amount: 'the reporting requirement is factual and disclosure-oriented, not determinative of tax liability'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFour Posers on capital reduction. Is Section 56(2)(x) triggered in the company's hands? (\u003cem\u003eNo, it distributes rather than receives.\u003c\/em\u003e) Is there a recognisable capital loss? (\u003cem\u003eNo clarity in existing law.\u003c\/em\u003e) Do Sections 50CA\/50D apply? (\u003cem\u003e'A thin interpretational boundary'.\u003c\/em\u003e) Does Section 47(iv) exempt a holding–subsidiary reduction? (\u003cem\u003eA 'genuine disconnect between section 47(iv), Section 2(47) and Section 2(22)(d)'.\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — Taxability and Issues\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe sharpest structural point in the book: Section 8 (1961) and Section 7(2) (2025) are computation provisions, not charging provisions—they govern timing, not chargeability. Declaration alone therefore creates no taxability: it 'merely reflects the intention of the company and does not confer an enforceable right unless and until it is approved by the shareholders at the Annual General Meeting' (\u003cem\u003eMafatlal Gagalbhai; J. Dalmia, SC\u003c\/em\u003e). Interim dividend is taxed when the amount is unconditionally made available\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThree Posers, with a deliberate contrast. Where RBI approval is pending, tax falls in the later year. Where legal heirs receive unpaid dividends years later, they are not taxable in their hands; the receipt 'would partake the character of inheritance.' But a procedural lapse changes nothing: 'Procedural delays or lapses in obtaining regulatory approvals cannot, in themselves, defer the incidence of tax on such dividend income.' A substantive approval condition defers; a procedural lapse does not\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — Dividend Income Characterisation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDividend is chargeable under 'Income from Other Sources'—invariably—whether earned by an investor, a trader or a businessman (\u003cem\u003eChugandas, SC\u003c\/em\u003e). One page, because the answer is one sentence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — Expenses Deductible\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNo deduction against dividend income other than interest—and that interest deduction, previously capped at 20% of the dividend, has now been withdrawn altogether by the Finance Act 2026. On PMS fees: not deductible, since such expenses 'cannot be regarded as commission or remuneration incurred for the purpose of realising dividend income'; a proportionate claim on the 'wholly and exclusively' test may be explored, but 'the claim is likely to be subject to scrutiny and litigation'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — Dividend Stripping\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBuying cum-dividend, selling post-record-date, harvesting exempt dividend plus a booked loss. Section 94(7)—introduced from AY 2002-03, now Section 175 of ITA 2025—disallows the loss where securities are bought within three months before the record date and sold within three months after (\u003cem\u003enine months for units\u003c\/em\u003e). The obituary is precisely dated: efficient until 31\u003csup\u003est\u003c\/sup\u003e March 2020, then dead once dividends became taxable. A point most texts miss—the treatment is not aligned with accounting: under AS 13, dividends from pre-acquisition profits may be a recovery of cost. Shares acquired by gift, inheritance or merger ordinarily escape, there being no 'conscious purchase undertaken with the intent of availing dividend income and generating artificial losses'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Buy-Back of Shares\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA cyclical history in four acts: capital gains under Section 45 from 1\u003csup\u003est\u003c\/sup\u003e April 1999; exempt in shareholders' hands under Section 10(34A), with the company paying 20% under Section 115QA, from 1\u003csup\u003est\u003c\/sup\u003e June 2013; deemed dividend under Section 2(22)(f), with 115QA falling away, from 1\u003csup\u003est\u003c\/sup\u003e October 2024; and capital gains under Section 69 of ITA 2025 from 1\u003csup\u003est\u003c\/sup\u003e April 2026. As the author observes: 'The taxation of buy-backs has witnessed a cyclical evolution, akin to dividend taxation—indicative of continued policy experimentation over nearly three decades'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe NCLT analysis is the standout. Section 230(10) bars the Tribunal from sanctioning a scheme involving buy-back unless it complies with Section 68—so a scheme buy-back is a Section 68 buy-back and attracts 2(22)(f). But Section 242 has no equivalent provision, so in oppression and mismanagement petitions, purchases by other members are no buy-back at all, and purchases by the company under Section 242(2)(b)\/(c) fall outside 2(22)(f)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTwo computational points are easy to miss. Under the deemed-dividend regime (October 2024 to March 2026), Section 69 deems the full value of consideration to be NIL, so the cost of acquisition produces a capital loss alongside the dividend charge. From 1 April 2026, Section 69(1) instead takes the consideration actually received into account—and the new Section 69(2) layers an additional tax on promoters, taking the total capital gains burden to 22% for a promoter company and 30% for other promoters. Also covered: the 25% ceiling on paid-up capital and free reserves; up to 10% of net worth on Board approval, beyond that by Special Resolution; mandatory extinguishment; and the three modes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Deduction for Inter-Corporate Dividends\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSection 80M (\u003cem\u003eSection 148 of ITA 2025\u003c\/em\u003e): the deduction is available only to a domestic company, in respect of dividends received from a domestic company, foreign company or business trust and subsequently redistributed—up to one month before the Section 139(1) due date—and claimable only once on the same amount. The gross-versus-net controversy is closed by Distributors (Baroda) P. Ltd. v. UOI (SC): computed 'with reference to the gross amount of dividends received and not the net amount after deductions.' A four-company illustration walks the rule through four fact patterns\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 13 — Taxation of International Dividend Payouts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTreaty architecture rests on Article 10, with the policy contrast made explicit: the OECD Model favours lower source-state withholding; the UN Model gives the source state more. Indicative OECD rates are 5% where the beneficial owner is a company holding ≥25% of capital for 365 continuous days, and 15% otherwise; MLI Article 8 adds holding periods to block treaty shopping\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUnder FEMA, FDI and ODI are capital account transactions—FC-GPR within 30 days, FC-TRS within 60 days, APR by 31\u003csup\u003est\u003c\/sup\u003e December. But dividend remittances are current account transactions—freely repatriable, no approvals, no cap on quantum. That liberality does not excuse company law: Section 127 still mandates timely payment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithholding runs under Section 195 at the more beneficial of Act or treaty rate, supported by TRC, Form 10F and no-PE declarations, with Form 15CA\/15CB before remittance. Mitsui Kinzoku (2026) holds that tax must be restricted to the Article 10 rate and 'any excess tax collected is liable to be refunded.' Two 2026 decisions then shift the ground: in Tiger Global (SC) a TRC, though necessary, is not sufficient in isolation—benefits must be substantiated through beneficial ownership, commercial substance and absence of treaty abuse; and in Binny Bansal, despite relocating to Singapore, the assessee was held resident in India on Centre of Vital Interests, the extended 182-day threshold being 'not automatically available'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA live, unresolved problem. Withholding currently triggers on declaration, distribution or payment—but Section 393(2) (Entry 17) of ITA 2025 appears to trigger it on declaration alone, while FEMA permits remittance only on actual payment. The author recommends seeking CBDT clarification and staying conservative meanwhile—precisely the kind of forward-looking flag that justifies a transition-year book\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRounding out: transfer pricing (\u003cem\u003eForm 3CEB\/Form 48; a 2% penalty on the value of each international transaction, plus new Finance Act 2026 fees of ₹50,000 and ₹1,00,000 for a late accountant's report\u003c\/em\u003e); outbound ODI, where Section 80M is 'not straightforward'; and the cooperation framework (\u003cem\u003eMAP, Exchange of Information\u003c\/em\u003e). The consequence, bluntly: 'Cross-border dividend receipts are no longer passive income streams—they are actively monitored tax events'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 14 — Withholding Taxes and TDS on Dividend\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe double-taxation objection is dismissed at the outset: a company is taxed as a separate legal entity and shareholders independently, so 'the levy of tax on dividends does not amount to double taxation'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMechanics: trigger at the earlier of declaration-and-approval, payment or credit; deposit by the 7\u003csup\u003eth\u003c\/sup\u003e of the following month (\u003cem\u003e30\u003csup\u003eth\u003c\/sup\u003e April for March\u003c\/em\u003e); returns in Form 26Q and 27Q; certificates in Form 16A. Rates: 10% to residents, on a ₹5,000 threshold under ITA 1961 and ₹10,000 under ITA 2025 for individual shareholders—no threshold for others; 20% where a valid PAN is unavailable; and for non-residents, rates in force plus surcharge and cess, with no threshold. Special rates run at 10% for GDRs and offshore banking divisions, and 20% for FII income, NRI investment income and foreign-company dividends. An operational warning worth its weight: do not deduct TDS on a deemed dividend—deduction arises only where dividends are declared and paid to shareholders\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA 30-country DTAA table runs from Hong Kong, Malaysia and Saudi Arabia at 5%, through the 10% band (\u003cem\u003eNetherlands, Germany, France, Japan, UAE, Switzerland and others\u003c\/em\u003e), to 15% (\u003cem\u003eUK, Australia, Belgium, Korea\u003c\/em\u003e), with holding-threshold conditions for the USA, Canada, Denmark, Singapore, Italy and Mauritius. An 8-step checklist covers the lower\/nil deduction application under Section 395(1). Two Posers close the chapter: a year-end provision for proposed dividend attracts no TDS, no enforceable right arising until AGM approval; and where a shareholder becomes non-resident, deduction falls under Section 195, not Section 194\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 15 — Tax Jurisprudence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSix anchor principles under the doctrine of continuity, offered as post-addition defences: stripping benefits cannot be denied absent specific anti-avoidance provisions (\u003cem\u003eWalfort, SC\u003c\/em\u003e); legitimate tax planning is not evasion (\u003cem\u003eAzadi Bachao Andolan, SC\u003c\/em\u003e); Section 14A applies across all heads (\u003cem\u003eMaxopp, SC\u003c\/em\u003e) but not absent proximate nexus; and—quietly valuable—no Section 270A penalty where the AO merely re-characterises income, or on a bona fide claim disallowed after full and true disclosure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 16 — Corporate Dividend Audit Checklist\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eCorporate Law Documentation (1–10)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — AoA authorisation; Board and AGM resolutions and their minuting; stock exchange intimation; record date and closure of the Register of Members; payout through the designated dividend bank account; the bar on securities premium; deposit and debenture default; and whether the statutory auditor or Company Secretary raised any qualification, Emphasis of Matter or adverse remark (\u003cem\u003eForm MR-3\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eIncome Tax Law Documentation (11–35)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — TDS correctness for residents and non-residents; the full non-resident document set (\u003cem\u003eTRC, Form 10F, no-PE, POEM and beneficial-ownership declarations\u003c\/em\u003e); Forms 15CA\/15CB; defaults quantified as contingent liabilities and reported in CARO; transfer pricing and GAAR; reconciliation with Form 26AS, AIS and TIS; Section 80M; and sub-clause testing of 2(22)(a)–(f)—with the nice precision that item 32, on clause (f), cites only ITA 1961, since it has been deleted from Section 2(40)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAny Other Documentation (36–44)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Whistle-blower complaints, FC-GPR\/FC-TRS\/APR, TCS on ODI, and stamp duty on liquidation and capital reduction\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eA sign-off block\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Prepared By\/Reviewed By\/Approved By\/Working Papers Verified By, each dated—closes it. A document designed to go in a file\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapters 17–20 — Four Indices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIndex of Judicial Citations, Circulars and Notifications (\u003cem\u003e70 entries, with forum and page reference\u003c\/em\u003e); Alphabetical Judgment Index (\u003cem\u003e61 judgments\u003c\/em\u003e); Subject-wise Index; Income-tax Section-wise Index\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 21 — Conclusion\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe thesis restated: 'dividends are not just financial distributions but are also a reflection of good governance, corporate responsibility, and the enduring relationship between companies and their investors.' Declaration is 'not merely a financial decision but a statutory obligation'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatute First, Side by Side\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The chapter opens with the provision, not with commentary about it. The statutory language is set out first, and where the 2025 Act has a counterpart the two are printed side by side—ITA 1961 on the left, ITA 2025 on the right—so the reader sees the drafting change rather than being told about it. This is why the sub-clause (d) date deletion, the sub-clause (e) re-ordering and the sub-clause (f) omission register as changes instead of disappearing into prose\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Test Before the Facts \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The cumulative conditions are then isolated. Before any scenario is discussed, the chapter states exactly what must be simultaneously satisfied for the provision to bite—two conditions for 2(22)(a), a specific pairing for 2(22)(b), a liquidation precondition for 2(22)(c). The reader gets the test before the fact patterns, which is the reverse of how most commentaries proceed and considerably faster to use\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScenario Tables | Commentary as Lookup\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The scenario table is the load-bearing device. The bulk of each analytical chapter is a two-column grid — Scenario on the left, Reasoning on the right, with a Judicial Support block embedded in the right-hand cell carrying the case name, full parallel citations and the deciding forum. Overdraft, loan in kind, corporate guarantee, trade advance, debtor–creditor, call money, share application money, distribution out of share premium: each is a row. A practitioner facing a specific transaction does not read the chapter—they find their row\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePosers | Flagged, Never Blended\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Where the law is genuinely unsettled, the format changes deliberately. The scenario table stops and a Poser begins: the question, the author's view, the reasoning, and—where the position is exposed—an explicit risk flag. Eleven appear across five chapters, visually and structurally distinct from the settled material, so the reader always knows whether they are being told what the law is or what the author thinks it is. That separation is the book's central act of intellectual honesty\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTakeaways You Can Lift\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Where a chapter has a portable rule, it closes with a short bulleted Takeaways block a reader can drop straight into a file note. Three chapters carry one: the strict-documentation rule for Section 123 (\u003cem\u003eChapter 3\u003c\/em\u003e), the three-month\/nine-month rule for dividend stripping (\u003cem\u003eChapter 10\u003c\/em\u003e), and the domestic-company-only rule for Section 80M (\u003cem\u003eChapter 12\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLength Follows the Litigation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Proportion is argued, not accidental. Chapter 8 runs to a single page because the answer—dividend is always Income from Other Sources—is a single sentence. Chapter 6 runs to thirty-four because that is where the litigation lives. The book spends its length where the disputes are\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTwo Deliberate Exceptions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Two chapters break the template on purpose. Chapter 4 is nothing but comparative tables—no narrative at all—because its job is reference, not argument. Chapter 16 is a printable working paper with Yes\/No\/NA columns, a tagged-document-reference column and a four-signature sign-off block, formatted to be completed and filed rather than read\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFour Indices, Four Entry Points\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A litigator enters through the Alphabetical Judgment Index; a compliance officer through the Subject-wise Index; a tax auditor through the Income-tax Section-wise Index; anyone tracking a circular through the Index of Judicial Citations. Every index carries page references into the body. The book is designed to be read front to back once, and opened at the point of need thereafter\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460236468247,"sku":null,"price":363.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Dividends_DeemedDividend_Declaration_DistributionandConceptualTaxationFramework.png?v=1788161226"},{"product_id":"foreign-exchange-management-manual-with-fema-and-fdi-ready-reckoner-fema-case-laws-digest","title":"Foreign Exchange Management Manual with FEMA and FDI Ready Reckoner \u0026 FEMA Case Laws Digest","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eForeign Exchange Management Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive single-source compendium on India's foreign exchange law. Across forty-eight editions, it has become the standard desk reference for everyone who advises on, administers, banks, or adjudicates cross-border transactions—and this edition arrives in the middle of the most substantial rewrite of India's exchange-control machinery in over two decades.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIndian exchange control is unusually layered:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe Foreign Exchange Management Act 1999 is only a compact enabling statute\u003c\/li\u003e\n\u003cli\u003eThe operative law lives beneath it—in Rules framed by the Central Government, Regulations and Directions issued by the Reserve Bank of India, twenty-one consolidated Master Directions revised continuously, A.P. (\u003cem\u003eDIR Series\u003c\/em\u003e) Circulars that shift positions mid-year, Press Notes and the Consolidated FDI Policy issued by DPIIT, and six decades of judicial precedent reaching back through FERA 1973 to the exchange-control regime that preceded it\u003c\/li\u003e\n\u003cli\u003eNo single instrument states the law. The answer to almost any practical question sits at the intersection of four or five of them—and frequently turns on whether a 2003 circular was later incorporated into a Master Direction or superseded by a subsequent one\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is built precisely for that problem.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eIt reproduces the annotated text of FEMA, 1999, together with the complete body of 40 Rules and Regulations, 16 heads of Notifications, 21 Master Directions and 4 Memoranda of Instructions issued under it\u003c\/li\u003e\n\u003cli\u003eIt then surrounds that statutory core with the allied regimes that invariably travel with foreign exchange work — the Foreign Contribution (Regulation) Act, 2010, the Prevention of Money Laundering Act, 2002, the Consolidated FDI Policy, the Foreign Trade (Development and Regulation) Act, 1992, COFEPOSA and SAFEMA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eWhat separates this Manual from a conventional bare-act compilation is its second volume, which does not repeat the law but operationalises it through three purpose-built research instruments:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFEMA \u0026amp; FDI Ready Reckoner\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— 56 chapters and over 1,060 numbered paragraphs answering questions the way practitioners actually ask them, with every proposition footnoted inline to the governing Master Direction paragraph, Regulation or Circular;\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFEMA Case Laws Digest\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— 858 digested decisions arranged section-wise across FEMA 1999 and FERA 1973, spanning 1963 to 2026, from the Supreme Court, fourteen High Courts, the Appellate Tribunal for Foreign Exchange, the SAFEMA Appellate Tribunal and the erstwhile FERA Board; and\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRBI Circulars \u0026amp; Clarifications Register (2000–2026)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— A serially numbered catalogue of 1,613 circulars which, for most entries, records whether the circular has been incorporated into a Master Direction or Master Circular, or superseded by a later circular, followed by the full text of those that remain operationally relevant.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe result is a reference that works in both directions: from the provision to the practice, and from the practical question back to the authority.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is written for professionals whose work is decided by the precise text of an exchange-control instrument—and by the judicial gloss placed on it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e—certifying FEMA compliances, filing FC-GPR, FC-TRS, Form DI, Form InVi, Form ODI, APR, FLA and ECB-2 returns, and advising on inbound and outbound structures\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Law Firms\u003c\/em\u003e\u003c\/strong\u003e—appearing before Adjudicating Authorities, the Special Director (Appeals), the Appellate Tribunal for Foreign Exchange, the High Courts and the Supreme Court in FEMA, FERA, FCRA, COFEPOSA and PMLA matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAuthorised Dealer Banks and Authorised Persons\u003c\/em\u003e\u003c\/strong\u003e—AD Category-I, II and III entities, Full Fledged Money Changers facing the closure of fresh authorisations, the newly defined Forex Correspondents, MTSS agents, and trade-finance and treasury desks applying Master Directions transaction by transaction\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChief Financial Officers, Treasury Heads and In-house Legal \u0026amp; Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e—of multinational groups, export–import houses, listed companies, GCCs and start-ups with foreign investors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign Investors, FPIs, FVCIs, AIFs and Investment Vehicles\u003c\/em\u003e\u003c\/strong\u003e—and their Indian advisors navigating sectoral caps, entry routes, pricing guidelines, downstream investment and transfer-of-securities rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs, OCIs and Persons of Indian Origin\u003c\/em\u003e\u003c\/strong\u003e—and those advising them on accounts, immovable property, inheritance, repatriation and remittance of assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Reserve Bank of India, the Directorate of Enforcement and DPIIT\u003c\/em\u003e\u003c\/strong\u003e—and members of Adjudicating and Appellate Authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNGOs, Trusts, Societies and Section 8 Companies\u003c\/em\u003e\u003c\/strong\u003e—receiving foreign contribution and administering FCRA registration, renewal, the designated SBI FCRA Account, utilisation and reporting obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIFSC\/GIFT City participants\u003c\/em\u003e\u003c\/strong\u003e—banking units, fund managers and IFSCA-regulated entities working under the IFSC carve-outs in section 44A and the IFSC Regulations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademics, Researchers and Aspirants\u003c\/em\u003e\u003c\/strong\u003e—pursuing professional examinations and postgraduate courses in international finance, banking law and corporate law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 48\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | August 2026, amended up to 15\u003csup\u003eth\u003c\/sup\u003e July 2026. This book is edited\/authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eWhat's New—Three Foundational Regulations Replaced in 2026\u003c\/strong\u003e] FEMA's licensing, trade and guarantee architecture was rewritten in a single year, and this Edition is built around absorbing that.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAuthorised Persons Regulations 2026 [\u003cem\u003eFEMA 401\/2026-RB, dated 30-4-2026\u003c\/em\u003e]—codify the AD Category-I\/II\/III tiers in a Regulation for the first time, introduce the Forex Correspondent, close fresh FFMC authorisations and route applications through the PRAVAAH portal. Reproduced with the new Form GRN in the forms list, the new defined terms already in the Glossary, and Ready Reckoner Chapter 2 written against the new tiers\u003c\/li\u003e\n\u003cli\u003eExport and Import of Goods and Services Regulations 2026 [\u003cem\u003eFEMA 23(R)\/2026-RB, dated 13-1-2026\u003c\/em\u003e]—supersede the 2015 Export Regulations, bring imports into the same instrument, and extend the Export Declaration Form to services and software. Reproduced, even though they do not commence until 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eOctober 2026, giving readers a transition window rather than a retrospective account\u003c\/li\u003e\n\u003cli\u003eGuarantees Regulations 2026 [\u003cem\u003eFEMA 8(R)\/2026-RB, dated 6-1-2026\u003c\/em\u003e]—replacing an instrument that had stood since May 2000, with the superseded 2000 Regulations named in a footnote at the head of the replacement text\u003c\/li\u003e\n\u003cli\u003eAlso absorbed—the Compounding Proceedings Rules 2024; the RBI (Margin for Derivative Contracts) Directions 2024; the PMLA Schedule as amended by the Jan Vishwas Act 2023; and FDI Press Notes to Press Note No. 2 (2026 Series)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eMaster Directions Genuinely Updated—and Dated\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAll 21 Master Directions are reproduced\u003c\/li\u003e\n\u003cli\u003eThose stamps run to the Edition's cut-off—24-6-2026, 15-6-2026, 5-6-2026, 13-5-2026, 6-5-2026, 1-4-2026, 16-2-2026 and 12-1-2026\u003c\/li\u003e\n\u003cli\u003eAmendments inside a Direction are footnoted the same way, with the earlier wording set out beneath\u003c\/li\u003e\n\u003cli\u003eA reader can see at a glance how current each Direction is, rather than taking 'updated' on trust\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated, Not Merely Reproduced\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eVolume 1 carries 684 numbered amendment footnotes—315 substitutions, 308 insertions and 61 omissions—each naming the amending instrument and its effective date\u003c\/li\u003e\n\u003cli\u003eAt 259 places the pre-amendment text is reproduced in full, under 'Prior to its substitution, … read as under'\u003c\/li\u003e\n\u003cli\u003eSections omitted by the Finance Act 2017 are retained in place with their omission noted\u003c\/li\u003e\n\u003cli\u003eThis matters because exchange-control disputes are ordinarily decided by the law in force on the transaction date, not the hearing date\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThe FEMA Glossary—A Consolidated Definitions Table\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMore than 230 defined terms, each set out in four columns—serial number, the word or expression, its definition, and the exact Section, Rule or Regulation it comes from\u003c\/li\u003e\n\u003cli\u003eWhere a term carries different meanings under different instruments, every variant appears side by side with a footnote identifying the source\u003c\/li\u003e\n\u003cli\u003e'Applicant', for instance, is given three separate meanings across the Adjudication Proceedings and Appeal Rules, 2000 and the Compounding Proceedings Rules, 2024\u003c\/li\u003e\n\u003cli\u003eSources are footnoted to more than thirty instruments, including all three 2026 Regulations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFEMA \u0026amp; FDI Ready Reckoner—56 Chapters, Over 1,060 Paragraphs\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA subject-wise, plain-language treatment written as answers rather than abstracts—limits, eligibility conditions, prohibited purposes, documentation, time limits and reporting obligations stated directly\u003c\/li\u003e\n\u003cli\u003eThe authority is cited inline for immediate verification, whether a Master Direction paragraph, a Regulation, an A.P. (DIR Series) Circular or a dated Notification\u003c\/li\u003e\n\u003cli\u003eCarries its own Acronyms table and its own Subject Index, keyed to paragraph numbers rather than pages\u003c\/li\u003e\n\u003cli\u003eChapter 20, 'Sector-wise FDI Policy at a Glance', cross-maps every sector to both the Serial No. of Schedule I to the Non-debt Instruments Rules 2019 and the paragraph of the Consolidated FDI Policy—collapsing a two-instrument lookup into one row\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-wise FEMA Case Laws Digest—858 Decisions, 1963 to 2026\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e237 decisions under FEMA 1999, arranged under 26 section-heads, and 621 under FERA, 1973, under 46 section-heads\u003c\/li\u003e\n\u003cli\u003eCoverage spans the Supreme Court, fourteen High Courts, and the tribunals where most exchange-control matters are actually decided—the Appellate Tribunal for Foreign Exchange, the SAFEMA and PMLA Appellate Tribunals and the erstwhile FERA Board, which together outnumber any single court\u003c\/li\u003e\n\u003cli\u003eUpdated—30 decisions reported in 2024, 33 in 2025 and 17 in 2026\u003c\/li\u003e\n\u003cli\u003eLandmark rulings digested include Internet and Mobile Association of India v. RBI (SC), SEBI v. Pan Asia Advisors Ltd. (SC), Union of India v. Citi Bank, N.A. (SC) and Akshay N. Patel v. RBI (SC), each with parallel citations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eRBI's Circulars \u0026amp; Clarifications—A Status Register, Not Just a List\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe register catalogues 1,613 serially numbered circulars, from the 2000-01 series to the 2026-27 series\u003c\/li\u003e\n\u003cli\u003eIts fourth column records each circular's current status—over 540 flagged as incorporated into a Master Direction, over 320 into a Master Circular, and over 950 as superseded by a later circular, each with a pointer to the Division carrying the successor text\u003c\/li\u003e\n\u003cli\u003eSeveral hundred entries carry more than one flag, so the register tells the reader not merely what a circular said, but whether it still says it\u003c\/li\u003e\n\u003cli\u003eThe full text of the circulars that remain operationally relevant follows\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eA Separate, Fuller FCRA Case Laws Digest\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision Seven closes with its own Case Laws Digest in a richer, law-report format\u003c\/li\u003e\n\u003cli\u003e23 decisions, each carrying a headnote framed as 'Whether … Held, yes', a FACTS section and a HELD section\u003c\/li\u003e\n\u003cli\u003eCoverage runs from 1991 to 2024 across the Supreme Court and the Delhi, Madras, Kerala and Calcutta High Courts, and includes the Electoral Bond Scheme and foreign political-funding litigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eMulti-Route Finding Architecture\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEight indexed entry points—Basic Notifications (\u003cem\u003e92 entries\u003c\/em\u003e), Amending Notifications (\u003cem\u003e54 entries\u003c\/em\u003e), a chronological List of Notifications (\u003cem\u003e541 entries\u003c\/em\u003e), Notifications under the PMLA, Master Directions (\u003cem\u003e21\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eentries\u003c\/em\u003e), FDI Circulars and Press Notes (\u003cem\u003e30\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eentries\u003c\/em\u003e), Prescribed Forms (\u003cem\u003e61 entries\u003c\/em\u003e), and two Subject Indexes\u003c\/li\u003e\n\u003cli\u003eDivision Three lists all 40 Rules and Regulations three ways—serially, alphabetically, and chronologically split between Central Government and RBI issuances—so an instrument can be reached from a GSR\/S.O. number, a FEMA notification number, or its name\u003c\/li\u003e\n\u003cli\u003eThe Consolidated Subject Index is sub-entried and instrument-aware, so one concept resolves to every place it is defined, with all pinpoints on a single line\u003c\/li\u003e\n\u003cli\u003eEach volume reprints the complete Contents of both volumes, asterisked to show what sits in the companion volume, so either book alone locates anything in the set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eEditorial Apparatus Built for Verification\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSuperseded instruments are named in an express footnote at the head of their replacement\u003c\/li\u003e\n\u003cli\u003eMaster Directions carry individual date stamps; circulars carry an incorporation or supersession status\u003c\/li\u003e\n\u003cli\u003eAmendments carry the amending instrument and its effective date, with the superseded text set out beneath\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Organising Idea\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e'What does the law say?' | Volume 1 — Every instrument verbatim, with its amendment history\u003c\/li\u003e\n\u003cli\u003e'What do I do?' | Ready Reckoner — The law as propositions, arranged by transaction\u003c\/li\u003e\n\u003cli\u003e'Will it hold up?' | Case Laws Digest and circular register\u003c\/li\u003e\n\u003cli\u003eVolume 1 is the statute book; Volume 2 the working layer\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSix Independent Ways In\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSubject — 56 Ready Reckoner chapters, plus two Subject Indexes\u003c\/li\u003e\n\u003cli\u003eInstrument — All 40 Rules and Regulations, listed serially, alphabetically and chronologically\u003c\/li\u003e\n\u003cli\u003eNotification Number — Basic (92), Amending (54), chronological List (541)\u003c\/li\u003e\n\u003cli\u003eSection — The Case Laws Digest is arranged by the section construed\u003c\/li\u003e\n\u003cli\u003eCircular — The 1,613-entry register\u003c\/li\u003e\n\u003cli\u003eForm — 61 prescribed forms across FEMA, FCRA, PMLA and SAFEMA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Dimension Most Compilations Miss—Time\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e259 pre-amendment texts, reproduced beneath the footnote that replaced them\u003c\/li\u003e\n\u003cli\u003e684 amendment footnotes, each with its instrument and effective date\u003c\/li\u003e\n\u003cli\u003e950+ supersessions and 860+ absorptions into Master Directions or Circulars — what replaced what, and when\u003c\/li\u003e\n\u003cli\u003eFERA, 1973 digest retained—621 decisions back to 1963\u003c\/li\u003e\n\u003cli\u003eA database gives today's rule. This set gives what it was, when it changed, and what replaced it\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTwo Worked Paths\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCompliance — The permitted FDI limit and route: Ready Reckoner → Non-debt Instruments Rules → Consolidated FDI Policy → Press Notes 2017–26 → Master Direction on Foreign Investment → Master Direction on Reporting, with the form → case law\u003c\/li\u003e\n\u003cli\u003eDispute — Whether to compound a past contravention: Ready Reckoner → Sections 15 and 13 → Compounding Rules 2024, Form → Master Direction on Compounding → Amendment Footnotes for the Law as at the Transaction Date → Circular Register for Whether it Stood Then → The Appeal Route at Sections 17, 19 and 35\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460914962455,"sku":null,"price":5106.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/ForeignExchangeManagementManualwithFEMAandFDIReadyReckoner_FEMACaseLawsDigest.png?v=1788171699"},{"product_id":"gst-how-to-meet-your-obligations","title":"GST How to Meet Your Obligations","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST – How to Meet Your Obligations\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship GST treatise—a two-volume work that, over successive editions, has become the standard reference relied upon by indirect-tax professionals, departmental officers, and the bench. The work approaches GST not as a static body of rules but as a continuously evolving body of law shaped by statute, rules, departmental clarifications, and the steady accretion of judicial interpretation—including a substantial body of pre-GST jurisprudence whose ratio continues to inform the present regime. Each chapter is built around the operative provision, reproduced verbatim, then examined clause by clause, with circulars and notifications reproduced at the point of doctrinal relevance and judicial rulings cited in extenso for their controlling principles. The result is a treatise that gives the reader both the doctrinal architecture and the working apparatus needed to discharge practical obligations—to file returns, advise on transactions, defend a notice, or argue a case—with confidence grounded in the source material.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling indirect-tax compliance, audit, certification, and litigation support\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Counsel, Advocates, and Law Firms\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erepresenting assessees through show-cause, adjudication, appellate, and writ proceedings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax, Finance, and Legal Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof corporates, banks, NBFCs, insurers, manufacturers, exporters, e-commerce operators, online gaming companies, and SEZ\/EOU\/MOOWR units\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Adjudicating Authorities, and Members of Appellate Forums\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking a structured, source-tied treatment\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Libraries, Faculty, and Senior Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof indirect taxation, including those preparing for CA\/CS\/CMA Final, LL.M., and Diploma in GST examinations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConsultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on contested or fast-evolving positions—corporate guarantees, online money gaming, intermediary services, vouchers, M\u0026amp;A slump sales, related-party valuations, and cross-border services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 17\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. It is authored by S.S. Gupta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Changes Worked Through Transactionally\u003c\/strong\u003e] The deletion of Section 13(8)(b) on intermediary services is treated with a transition-impact matrix distinguishing import RCM exposure, export-of-service implications, and the cut-off date of 30\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMarch 2026; the amendment to Section 15(3)(b) on post-sale discounts is analysed alongside the withdrawn Circular 212\/6\/2024-GST and the new Invoice Management System (IMS) framework introduced by Circular 253\/10\/2025-GST; consequential amendments propagate through interconnected chapters\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatute-first, Source-tied Treatment\u003c\/strong\u003e] Each chapter opens by reproducing the operative section and the corresponding rule, then proceeds ingredient by ingredient—definitions, charging language, machinery, provisos—before any layer of analysis is introduced\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-GST Jurisprudence Integrated\u003c\/strong\u003e] Where Supreme Court, High Court, CEGAT, CESTAT, and AAR rulings under central excise, service tax, customs, and VAT continue to govern GST interpretation, the ratio is cited with the author's view on its applicability to the present regime\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBIC Circulars, Notifications, and FAQs Reproduced\u003c\/strong\u003e] Operative paragraphs are quoted verbatim and tabulated where the circular itself is structured as a Q\u0026amp;A, so the reader sees the administrative position alongside the legal one—including the most recent circulars (\u003cem\u003e240\/34\/2024, 242\/36\/2024, 251\/08\/2025, 253\/10\/2025\u003c\/em\u003e) and the latest 2024-2025 rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-level Paragraph Numbering\u003c\/strong\u003e] With over 1,400 numbered sub-paragraphs across the work and nesting to three levels, navigation is granular and cross-references are precise\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIllustrations and Worked Computations\u003c\/strong\u003e] They are included at every junction where the mechanics turn on numbers—reverse charge, time and place of supply, value of supply under Rule 28(2) for corporate guarantees, ITC reversal under Rules 42\/43, refund formulae, e-commerce TCS net-value mechanics\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthor's Analysis Sections at the Close of Contested Issues\u003c\/strong\u003e] Flagging departmental positions that the author views as legally unsustainable, identifying litigation risk, and indicating the alternative interpretive route open to the assessee\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBidirectional Cross-references Between Chapters\u003c\/strong\u003e] They are included so that a question on the reverse charge on a corporate guarantee can be traced from the levy chapter through valuation, ITC eligibility, and the dedicated corporate-guarantee treatment without losing context\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Statutory Appendices\u003c\/strong\u003e] CGST Act, IGST Act, UTGST Act, CGST Rules, and IGST Rules—with footnoted amendment history showing inserts and substitutions, including those introduced by the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDeep Para-level Subject Index\u003c\/strong\u003e] Entries are tied to numbered paragraphs rather than page numbers, allowing direct lookup to the operative discussion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFoundations \u0026amp; Charging Architecture\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe constitutional foundations of the GST regime and its replacement of the multi-tax pre-GST architecture, including territorial jurisdiction, the appointed-day machinery, and the post-reorganisation treatment of Jammu \u0026amp; Kashmir\u003c\/li\u003e\n\u003cli\u003eThe taxable event of supply—its inclusive definition, deemed-supply scenarios under Schedule I and Schedule II, composite and mixed supplies, the treatment of joint ventures and slump sales, and the exclusions in Schedule III\u003c\/li\u003e\n\u003cli\u003eThe complete charging architecture—levy of CGST, SGST, IGST, UTGST, and Compensation Cess; the taxable-person concept; composition levy and its threshold mechanics; reverse charge on notified goods and services and on supplies from unregistered persons\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification, Valuation \u0026amp; Refund Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eClassification of goods and services, rate notifications, exemptions, non-taxable supplies, and the doctrine of revenue neutrality\u003c\/li\u003e\n\u003cli\u003ePlace of supply for domestic and cross-border transactions, time of supply and change in rate, and value of supply under the general and special valuation rules, including the deeming provision in Rule 28(2) for corporate guarantees and the post-Finance Act 2026 valuation position\u003c\/li\u003e\n\u003cli\u003eRefunds—zero-rated supplies, inverted duty structure, deemed exports, unutilised ITC, and excess balance in the electronic cash ledger\u003c\/li\u003e\n\u003cli\u003eDeduction of tax at source, collection of tax at source, and the interest levy under Section 50\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full input tax credit lifecycle—input, input service, capital goods, the blocked-credit list, time limits, common credit attribution between taxable and exempt supplies under Rules 42 and 43, the Input Service Distributor mechanism, matching and blacklisting of dealers, recovery, and the IMS-driven verification framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCross-Border Transactions \u0026amp; Special Locations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport and import of goods and services, export incentives, deemed exports, EOU and STP units, Special Economic Zones, the MOOWR scheme, sale by duty-free shops and bonded warehouse sales, and high-sea sales\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Scenarios \u0026amp; Sector-Specific Treatment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransactions between related parties and distinct persons, job work, principal-agent supplies, e-commerce operator obligations under Section 9(5) and Section 52, OIDAR, online gaming and online money gaming including the skill-versus-chance jurisprudence, corporate guarantees, sale of business including mergers and acquisitions, vouchers, discounts and incentives, intermediary services post-deletion of Section 13(8)(b), and actionable claims\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTransitional Provisions, Compliances \u0026amp; Documentation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransitional credits, the impact of GST on continuing contracts, anti-profiteering measures including the sunset position, and the repeal-and-saving regime of the erstwhile laws\u003c\/li\u003e\n\u003cli\u003eGST compliances—registration and administration, documentation including tax invoices, bills of supply, debit and credit notes, electronic way bills, procedures and records for input tax credit, payment of tax and interest, returns and reconciliations, special compliances for tobacco and other notified categories, unique identification marking, and the GST Practitioner Scheme\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAdministration, Enforcement \u0026amp; Dispute Resolution\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAdministration, assessments, audits and special audits, scrutiny of returns, demand and recovery, adjudication, inspection, search and seizure, provisional attachment, and residual administrative matters\u003c\/li\u003e\n\u003cli\u003ePenalties, confiscation, fines, arrest, and prosecution—together with the procedural safeguards built into each\u003c\/li\u003e\n\u003cli\u003eDispute resolution—first appeal, the GST Appellate Tribunal, appeals before the High Court and the Supreme Court, advance rulings, the Scheme of Waiver of Interest or Penalty, and the GST Amnesty Scheme with its pre-deposit and refund-restriction mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into ten Divisions across two volumes and 89 chapters (\u003cem\u003eincluding the inserted Chapters 58A and 70A\u003c\/em\u003e), with the same internal architecture observed throughout.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Chapters 1 to 43\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision One — Basic Concepts\u003c\/li\u003e\n\u003cli\u003eDivision Two — Levy of GST – Key Aspects\u003c\/li\u003e\n\u003cli\u003eDivision Three — Input Tax Credit\u003c\/li\u003e\n\u003cli\u003eDivision Four (Part I) — Export and Import of Goods and Services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — Chapters 44 to 89 and Statutory Appendices\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision Four (Part II): MOOWR Scheme\u003c\/li\u003e\n\u003cli\u003eDivision Five — Special Scenarios\u003c\/li\u003e\n\u003cli\u003eDivision Six — Transitional Provisions\u003c\/li\u003e\n\u003cli\u003eDivision Seven — GST Compliances\u003c\/li\u003e\n\u003cli\u003eDivision Eight — Administration, Assessments, Audits and Investigation\u003c\/li\u003e\n\u003cli\u003eDivision Nine — Penalties and Prosecution\u003c\/li\u003e\n\u003cli\u003eDivision Ten — Dispute Resolution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eEach chapter follows the same internal architecture:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe operative statutory provision is reproduced and located within the broader legislative scheme\u003c\/li\u003e\n\u003cli\u003eEach ingredient of the section is unpacked at three levels of paragraph nesting, with defined terms cross-referenced to the chapter that treats them in detail\u003c\/li\u003e\n\u003cli\u003eJudicial pronouncements—pre-GST and GST, Supreme Court through Tribunal and AAR—are cited and the controlling principle distilled\u003c\/li\u003e\n\u003cli\u003eCBIC circulars, FAQs, and notifications are reproduced at the point of doctrinal relevance, with tabulated extracts where the circular itself is structured as a Q\u0026amp;A\u003c\/li\u003e\n\u003cli\u003eWorked illustrations and numerical examples are placed alongside the rule that governs them\u003c\/li\u003e\n\u003cli\u003eThe author's view is offered where the position is contested or evolving, including where in his judgment the departmental position is legally unsustainable\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460931706903,"sku":null,"price":5596.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTHowtoMeetYourObligations.png?v=1788172445"},{"product_id":"gst-manual-with-gst-law-guide-digest-of-landmark-rulings","title":"GST Manual with GST Law Guide \u0026 Digest of Landmark Rulings","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e with GST Law Guide \u0026amp; Digest of Landmark Rulings is Taxmann's most comprehensive single-source reference on India's Goods and Services Tax—a two-volume set that assembles the entire statutory framework, the complete body of subordinate legislation, the prescribed forms, the departmental material and the leading judicial interpretation of GST into one rigorously cross-linked work.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets this Manual apart from an ordinary bare act is its annotation method. The text of the law is never left to stand alone. Under each section of the CGST, IGST and UTGST Acts, the Editorial Board has built a layer of working annotations that tell the reader, at the point of reading, which Rules and Forms apply, which Notifications are relevant, when the provision (\u003cem\u003eand each amendment to it\u003c\/em\u003e) came into force, and which allied laws are referred to. In practice, this means a professional reading any section sees, on the same page, its amendment history and effective dates, the rules and forms it operates through, and the notifications that qualify it—without leaving the section to reconstruct that picture from separate sources.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe set opens with a full conceptual GST Law Guide that explains the law topic by topic before the reader engages with the statutory text, and it closes—across the second volume—with the consolidated notifications, a digest of landmark Supreme Court and High Court rulings, the CBIC's FAQs, the circulars and clarifications, and the constitutional provisions that underpin GST. The result functions simultaneously as a study guide, a litigation and compliance desk reference, and a complete GST statutory library.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is intended for advanced professional and institutional users who require depth, accuracy, and defensibility in GST matters, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Chartered Accountants, Company Secretaries, Cost Accountants and Tax Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in GST advisory, compliance and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndirect-Tax Consultants and GST Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho need the statute, rules, forms, notifications, circulars and case law in one integrated set\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax, Finance and Legal Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof corporates managing registrations, returns, ITC, refunds, audits and assessments\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Adjudicating and Appellate Authorities\u003c\/em\u003e\u003c\/strong\u003e, and members and staff of the GST Appellate Tribunal\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSenior Students and CA\/CS\/CMA Aspirants\u003c\/em\u003e\u003c\/strong\u003e, academicians and researchers who want an authoritative, annotated and current GST text\u003c\/li\u003e\n\u003cli\u003eAnyone who requires a dependable, amendment-tracked statutory reference rather than a stand-alone bare act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 27\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-Wise Annotation Built into Footnotes\u003c\/strong\u003e] Each section of the CGST\/IGST\/UTGST Acts carries annotations identifying the relevant Rules and Forms, the relevant Notifications, the date of enforcement of the provision, and the allied laws referred to—turning every section into a self-contained working unit\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Amendment Trail at the Provision Level\u003c\/strong\u003e] Substitutions, insertions and omissions are footnoted with the enabling Finance Act\/Amendment Act, the effective date (\u003cem\u003eincluding retrospective effect\u003c\/em\u003e), and the notification that actually enforced the change—so the reader can see not just the current law but how and when it got there\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Forms with\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e'Action Points\u003c\/strong\u003e\u003cstrong\u003e'\u003c\/strong\u003e] Forms are introduced with a boxed Action Points panel that states the purpose of the form, the governing rule, the responsible person, the timeline, and the required contents—bridging the prescribed form and its practical use\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNotifications Presented with their Complete Amendment Chain\u003c\/strong\u003e] In Volume 2, each notification is reproduced with the full sequence of amending notifications and corrigenda, and is tied to the section of the Act it relates to\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwin Keys to the Case Digest\u003c\/strong\u003e] The Digest of Landmark Rulings is navigable through both a section-wise key and an alphabetical key to Supreme Court and High Court decisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Subject Indexes and Arrangement of Sections\u003c\/strong\u003e] Each statute carries an Arrangement of Sections and a subject index; the rules carry a granular subject index that maps concepts to specific rules and forms\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eA Conceptual GST Law Guide\u003c\/strong\u003e] It is followed by the complete annotated statute, the full rule-book, the forms, and the departmental and judicial material—organised for both sequential study and quick lookup\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCurrency and Editorial Reliability\u003c\/strong\u003e] Amended for the Finance Act 2026 and updated to 15\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMay 2026, maintained to Taxmann's editorial standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual spans statutory law, procedural rules, departmental clarifications, and judicial interpretations:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Law Guide\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA conceptual guide of 28 chapters (\u003cem\u003epreceded by a list of GST acronyms\u003c\/em\u003e), covering: the taxable event in GST; value of taxable supply; input tax credit; place of supply (\u003cem\u003edomestic, and in the case of exports\/imports\u003c\/em\u003e); exports and imports; time of supply; reverse charge; exemptions by notification; concessions to small enterprises; important taxable services; government-related activities; basic procedures; tax invoices, credit and debit notes; the e-way bill; payment of tax in cash and through ITC; returns; assessment and audit; demands and recovery; refunds; powers of officers, offences and penalties; appeal and revision; prosecution and compounding; electronic commerce; miscellaneous issues; special provisions relating to tobacco products; and the constitutional background of GST\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAnnotated GST Acts\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete annotated text of the CGST Act 2017, IGST Act 2017, UTGST Act 2017 and the GST (Compensation to States) Act 2017, each with an Arrangement of Sections and subject index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOrders, Validation \u0026amp; Allied-Law Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe associated Removal of Difficulties Orders (\u003cem\u003e2018–2020\u003c\/em\u003e), the Validation Provisions, and the text of allied-Act provisions referred to within the statutes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Rules\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full body of GST Rules—CGST Rules, IGST Rules, GST Compensation Cess Rules, the Period of Levy and Collection of Cess Rules (2022), the UTGST Rules for the various Union Territories, the GST Appellate Tribunal Rules (appointment\/conditions of service 2023; procedure 2025), related tribunal-reform provisions, and the GST Settlement of Funds Rules (2026)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Forms with Action Points\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eGST Forms, each presented with Action Points\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNotifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe consolidated set of Notifications issued under the CGST, IGST and UTGST Acts—including CGST\/IGST (Rate) Notifications and legacy Service Tax and Central Excise (N.T.) notifications—each with its amendment history\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDigest of Landmark Rulings\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA digest of rulings of the Supreme Court and High Courts, with section-wise and alphabetical keys\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCBIC's FAQs\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe CBIC's FAQs, preceded by a list of FAQs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCirculars \u0026amp; Clarifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCirculars and Clarifications issued by the department\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConstitutional Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe provisions underpinning GST—the Constitution (One Hundred and First Amendment) Act 2016, the relevant provisions of the Constitution of India, and the dates of enforcement of the 101\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eAmendment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConsolidated Lists\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA consolidated List of Notifications and List of Circulars \u0026amp; Clarifications for the set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe set is arranged into eleven Divisions across the two volumes, deliberately moving from explanation, to statute, to subordinate law and forms, to departmental and judicial material, to constitutional foundations:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision One | GST Law Guide\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A comprehensive 28-chapter conceptual guide to the entire GST law, opening with a list of GST acronyms\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Two | CGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections and annotated text, the CGST Removal of Difficulties Orders (\u003cem\u003e2018–2020\u003c\/em\u003e), notifications enforcing the Act and its amendments, text of allied-Act provisions, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Three | IGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, annotated text, enforcing notifications, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Four | UTGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, annotated text, Removal of Difficulties Orders, enforcing notifications, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Five | GST (Compensation to States) Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, text, enforcing notifications and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Six | GST Rules and Forms\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The CGST, IGST and Compensation Cess Rules, the Period of Levy and Collection of Cess Rules (2022), the UTGST Rules for the Union Territories, the GST Appellate Tribunal Rules and allied tribunal provisions, the GST Settlement of Funds Rules (2026), and the GST Forms with Action Points, supported by a detailed subject index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Seven | Notifications\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— CGST, IGST and UTGST notifications (including Rate notifications and legacy Service Tax\/Central Excise (N.T.) notifications), each with its amendment chain\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Eight | Case Laws Digest\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A digest of landmark Supreme Court and High Court rulings, with a Section Key and an Alphabetical Key\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Nine | CBIC's FAQs\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The department's FAQs, with a list of FAQs\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Ten | Circulars and Clarifications\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Consolidated circulars and clarifications\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Eleven | Constitutional Provisions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The Constitution (101\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eAmendment) Act 2016, relevant constitutional provisions, and their dates of enforcement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eEach volume carries its own contents and indices; Volume 2 additionally consolidates the List of Notifications and the List of Circulars \u0026amp; Clarifications for the whole set, while Volume 1 holds the full GST Law Guide and the complete statutory and rule material that Volume 2 cross-references\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460933345303,"sku":null,"price":3426.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTManualwithGSTLawGuide_DigestofLandmarkRulings.png?v=1788172895"},{"product_id":"gst-tariff","title":"GST Tariff","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Tariff\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a two-volume ready-reckoner that answers a single practical question for any supply in India—what is the rate of tax—and answers it in one lookup. For goods, it reproduces the entire rate schedule arranged by HSN, so a reader moves from the broad product family down to the precise eight-digit Tariff Item and reads the CGST, SGST\/UTGST and IGST rates off one row. For services, it maps the notified rates against each Service Heading and carries the full Scheme of Classification down to the six-digit Service Code, with Explanatory Notes describing exactly what each code covers.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat distinguishes the work is that it is built to be used at the point of decision rather than as a bare rate list. Every chapter and service heading is supplemented in place with the relevant exemption notifications, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003epre-packaged and labelled\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e flags, E-Way Bill exemption indicators, Latest Clarifications and Latest Case Laws, and the Section, Chapter and Supplementary Notes that govern classification—so the rate, the exemption that may apply, and the interpretation that decides borderline cases all sit together. Where goods attract a levy beyond GST, the entry cross-refers to the allied-Act rates compiled in the same set, and the complete body of rate-and-exemption notifications is reproduced in full with its conditions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTwo exhaustive indices—a Commodity Index and a Services Index—let a reader reach the right entry by name. Volume 1 holds the goods tariff, the allied-Act duties and the commodity index; Volume 2 holds the services tariff, the explanatory notes, the services index and the consolidated notifications. The present Edition states the law as currently in force, with the rate schedules and notifications updated to reflect the latest position.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is specifically intended for users who must apply GST tariffs accurately in live transactions and compliance environments, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries and Tax Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eframing rate and classification opinions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGST Litigators and Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling classification disputes, advance rulings and departmental adjudication\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eManufacturers, Traders, Importers and E-Commerce Operators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edetermining output rates, HSN\/SAC, reverse-charge liability and invoicing\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eManufacturers of Capacity-Based-Levy Goods\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003ecomputing duty under the new cess machinery\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndirect-Tax, Finance and Supply-Chain Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for compliance, pricing and ERP master-data setup\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Tribunals and the Bench\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eneeding a single consolidated rate reference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInstitutions and Students of GST\u003c\/em\u003e\u003c\/strong\u003e, customs and indirect-tax law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 26\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026 and updated till 20\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eSingle-glance Rate Determination\u003c\/strong\u003e] Every tariff line shows the Unit alongside the CGST, SGST\/UTGST and IGST rates in adjacent columns, so the rate for both intra-State and inter-State supply is read off one row\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAligned to GST 2.0\u003c\/strong\u003e] Reconciled to the rate rationalisation, with rate entries tied back to the September 2025 rate-and-exemption notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-packaged and Labelled Flagging\u003c\/strong\u003e] 'Pre-packaged and labelled' treatment is marked at the tariff-line level, separating the rate on packaged-and-labelled commodities from the same goods supplied loose, with the governing Legal Metrology definition and FAQs reproduced\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied-Act Cross-references\u003c\/strong\u003e] Goods chapters that attract levies beyond GST carry an express cross-reference to the allied-Act rates in Division Two, so the GST rate and any residual excise or cess are not read in isolation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eRate, Exemption and Interpretation Together\u003c\/strong\u003e] Each chapter and service heading is supplemented in place with the applicable exemption notifications, E-Way Bill exemption flags, Latest Clarifications and Latest Case Laws\/Departmental Clarifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwo-way Services Mapping\u003c\/strong\u003e] Notified rates are given against each Service Heading, and the full Scheme of Classification is carried down to the six-digit Service Code, with Explanatory Notes describing the scope of each code and relevant CBIC circulars folded in\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Statutory Apparatus\u003c\/strong\u003e] Reproduced, not merely cited: Section Notes, Chapter Notes, Supplementary Notes, the General Rules for the Interpretation of the Schedule, and full notification texts with their conditions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eName-based Search\u003c\/strong\u003e] Exhaustive Commodity Index and Services Index, plus a complete List of Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe detailed coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGoods Rate Schedule\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete GST rate schedule for goods, organised by HSN across the full range of Customs Tariff Chapters, from live animals through to works of art, antiques and project imports\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRate Slabs\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe principal slabs of Nil, 5% and 18%, a 40% rate on specified demerit goods such as tobacco and cigarettes, and the special rates of 0.25%, 1.5% and 3% retained for rough and worked diamonds, gemstones and bullion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAllied-Act Duties\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe duties that continue to apply alongside GST, reproduced with their statutory text: the Central Excise Third and Fourth Schedules, National Calamity Contingent Duty, Additional Duty on Tobacco, Special Additional Excise Duty on motor spirit and high-speed diesel, Road \u0026amp; Infrastructure Cess, Agriculture Infrastructure and Development Cess, and Rule 18 of the Central Excise Rules 2017\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eHealth Security se National Security Cess\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Act of 2025 and Rules of 2026, including the capacity-based machinery under which the cess is fixed by machine speed and pouch weight in rupees per machine per month, with returns, abatement, appeals and the prescribed forms—together with its FAQs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePacking-machine Rules\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) Rules 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eServices Rate Schedule\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete GST rate schedule for services—CGST\/SGST and IGST—against every Service Heading, with the residual standard rate and the classification of services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification of Services\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full Scheme of Classification of Services and its Explanatory Notes, describing what each Service Code covers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReverse Charge and Special Supplies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eReverse charge for intra-State and inter-State supplies of services, supplies through electronic commerce operators, supplies received from unregistered suppliers, restrictions on refund of unutilised input tax credit, and notified rates on specified first intra-State supplies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConsolidated Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full body of Rate of Tax and Exemption Notifications for goods and for services, reproduced with their amendment history and conditions, and a complete List of Notifications running to the latest 2026 instruments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work runs across two volumes and six divisions:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision One — GST Tariff for Goods with HSN Code\u003c\/em\u003e, closing with the General Rules for the Interpretation of the Schedule\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Two — Rates specified in other Acts\u003c\/em\u003e, including the Health Security se National Security Cess Act, 2025, its Rules, 2026, and the related packing-machine rules\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eDivision Three — Commodity Index\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Four — GST Tariff for Services (CGST\/SGST and IGST)\u003c\/em\u003e, the classification and Explanatory Notes, reverse-charge and ECO provisions, ITC-refund restrictions, Latest Clarifications and Latest Case Laws\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eDivision Five — Services Index\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Six — GST Tariff Notifications (Rate of Tax and Exemptions)\u003c\/em\u003e, with the List of Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eWithin the goods tariff, entries follow the Customs Tariff architecture—Section, Chapter, Heading, sub-heading and eight-digit Tariff Item—so a reader moves from the broad product family to the precise line. The services tariff mirrors this, moving from Section and Heading to the six-digit Service Code, with each heading first stating the notified concessional and exempt entries and then the residual classification taxed at the standard rate\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460934328343,"sku":null,"price":3426.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTTariff.png?v=1788173428"},{"product_id":"income-tax-rules-1962","title":"Income Tax Rules 1962","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Rules 1962\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive, annotated compendium of subordinate legislation governing the procedural, computational, and compliance framework under the Income-tax Act 1961. Now in its 64\u003csup\u003eth\u003c\/sup\u003e Edition, this publication continues a legacy of over six decades, offering the most current and editorially enriched text of the Income-tax Rules, including all amendments notified up to the IT (Amendment) Rules 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is not merely a reproduction of the text—it is a practitioner's essential tool. Each rule is annotated with pertinent judicial rulings from the Supreme Court, High Courts, and the Income Tax Appellate Tribunal (ITAT), together with clarificatory Circulars, Notifications, and Instructions issued by the CBDT—all placed at the exact sub-rule, clause, or proviso where they are contextually relevant. The result is a comprehensive reference where statute, judicial interpretation, and administrative clarification coexist, eliminating the need to consult separate statute books, case law sources, and circular compilations. To assist in identifying recent legislative updates, all rules amended between 2024 and 2026 are printed in italics, enabling practitioners to quickly identify changes. The volume also includes detailed action points linked to prescribed forms—closing the gap between statutory text and practical compliance—and collects the text of related law provisions cited in the Rules, removing the need to consult external statute books for cross-referenced enactments.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed as an indispensable working reference for the following categories of professionals and stakeholders:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners and Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Chartered Accountants, Company Secretaries, Cost Accountants, Tax Advocates and independent tax consultants who advise clients on income-tax compliance, assessment proceedings, appellate representation and tax planning. The annotated rule text, integrated case law and CBDT Circulars serve as a single-source reference during return preparation, audit report certification (\u003cem\u003eForms 3CA\/3CB\/3CD\u003c\/em\u003e), transfer pricing documentation and representation before tax authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates Practising Before Income-Tax Authorities and Appellate Forums\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Practitioners appearing before the Assessing Officer, Commissioner (Appeals), Joint Commissioner (Appeals), Income Tax Appellate Tribunal (ITAT), Dispute Resolution Panel (DRP) and the Board for Advance Rulings will find the annotated text indispensable for procedural compliance, form identification, limitation tracking and citation of rule-level judicial precedent\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax and Finance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— CFOs, Tax Heads, in-house tax managers and compliance officers in corporations, banks, NBFCs, insurance companies and multinational enterprises who handle TDS\/TCS compliance, advance tax computation, transfer pricing documentation (Rules 10D\/10DA\/10DB), Country-by-Country Reporting (Rule 10DB), safe harbour applications (Rules 10TA–10TIC) and MAT\/AMT computations. The detailed action points appended to prescribed e-Forms are especially relevant for corporate compliance teams managing high-volume filings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIncome-tax Officers and Departmental Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Assessing Officers, Transfer Pricing Officers, CIT(A), JCIT(A), Range Heads and officers working in the Investigation Wing, International Taxation Wing, Faceless Assessment Centres and the Dispute Resolution Committee who require rule-level precision in issuing notices, framing assessments, computing demand and processing refunds\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Researchers and Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Faculty members and doctoral researchers in direct taxation, as well as students preparing for professional examinations—CA (Intermediate and Final), CS (Executive and Professional), CMA, LL.B. and LL.M.—where an intimate understanding of the procedural and computational framework under the Rules is tested alongside the Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNon-Resident Assessees and their Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— NRIs, foreign companies and their Indian tax advisors dealing with withholding obligations (Part VI), certificate procedures under sections 195\/197 (Rules 28–29B), DTAA relief procedures (Rule 21AB), FATCA\/CRS reporting (Rules 114F–114H) and the Mutual Agreement Procedure (Rules 44G–44GA)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 64\u003csup\u003eth \u003c\/sup\u003eEdition | 2026, incorporating all amendments upto IT (Amendment) Rules 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Rule Text with Integrated Case Law\u003c\/strong\u003e] Every rule in the compendium is annotated with editorially curated judicial pronouncements from the Supreme Court, High Courts and the ITAT. These annotations are not placed in a separate appendix—they are incorporated into the footnotes at the precise sub-rule, clause or proviso where they are most relevant. The practitioner does not need to consult case law databases separately; the rule, its interpretation and the supporting precedent all sit within the same reading frame\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBDT Circulars, Notifications and Administrative Instructions\u003c\/strong\u003e] The book integrates, for each relevant rule, the complete repository of CBDT Circulars, Notifications and Administrative Instructions that clarify, expand or operationalise the rule provisions. The practitioner thus has the full regulatory context—statute, rule, judicial interpretation and administrative clarification—consolidated in a single location\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eVisual Identification of Recent Amendments\u003c\/strong\u003e] All rules substituted, inserted or amended by Amending Rules notified during 2024 to 2026 are printed in italics—a critical navigational aid for practitioners who need to identify changes relevant to the current and immediately preceding assessment years. The footnotes further identify the specific Amending Rules notification with the exact effective date for each amendment\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Action Points Appended to Prescribed Forms\u003c\/strong\u003e] Each prescribed form is accompanied by detailed action points covering:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eWho is required to file the form\u003c\/li\u003e\n\u003cli\u003eThe due date or prescribed timeline for filing\u003c\/li\u003e\n\u003cli\u003eThe mode of filing—electronic or physical, and the applicable portal or authority\u003c\/li\u003e\n\u003cli\u003eCross-references to the enabling rule and section under the Act\u003c\/li\u003e\n\u003cli\u003ePractical notes on common filing issues and transitional provisions\u003c\/li\u003e\n\u003cli\u003eWhere a form is prescribed as an e-Form, the annotation identifies it as such, helping practitioners distinguish between forms requiring electronic filing and those permitting physical submission\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Depreciation Rate Tables Across Assessment Years\u003c\/strong\u003e] Multiple depreciation rate tables are provided under Appendix I and Appendix IA:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eNew Appendix I\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Rates effective from Assessment Year 2006-07 onwards (the current operative table for most assessees)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I (AY 2003-04 to 2005-06)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— For assessees with pending assessments, rectification proceedings or litigation relating to these years\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I (AY 1988-89 to 2002-03)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— For legacy disputes, reference proceedings and historical computation needs\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I Part I (AY 1984-85 to 1987-88)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Including the table of expectation of life for second-hand steamers\/motor vessels (Part II)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix IA\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Supplementary depreciation table\u003c\/li\u003e\n\u003cli\u003eThis multi-era coverage is a practical necessity: depreciation disputes routinely surface in assessments relating to prior years, and the applicable rate table is determined by the assessment year in question, not the year of adjudication\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Law Provisions Compiled and Appended\u003c\/strong\u003e] The Income-tax Rules frequently cross-reference provisions from allied enactments—the Companies Act, the Reserve Bank of India Act, the Central Goods and Services Tax Act, the Indian Penal Code, the Securities and Exchange Board of India Act, the University Grants Commission Act, among others. The book compiles a complete list of all such cross-referenced provisions and appends the actual text, eliminating the need for practitioners to maintain and consult separate statute books\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Amendment History in Footnotes\u003c\/strong\u003e] Every substitution, insertion, omission or amendment to the Rules since 1962 is tracked and documented in the footnotes, identifying the specific Amending Rules notification with the exact date of effect. This is invaluable for:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDetermining the applicable version of a rule for a given assessment year\u003c\/li\u003e\n\u003cli\u003eIdentifying the effective date of an amendment for limitation purposes\u003c\/li\u003e\n\u003cli\u003eTracing the evolution of a rule provision in the context of pending or legacy litigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Subject Index\u003c\/strong\u003e] A detailed subject index at the end of the book enables keyword-based navigation across all rules, forms, appendices, allied rules\/schemes and allied law provisions—an essential rapid-access tool during hearings, advisory engagements and filing deadlines\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDesigned to Work Alongside Taxmann's Income-tax Act\u003c\/strong\u003e] While this book is a self-contained reference for the Rules, it is editorially designed to complement Taxmann's annotated edition of the Income-tax Act. The section references within each rule are keyed to the Act's section numbering—the rule annotations reference the Act's sections, and the Act annotations reference back to the relevant rules—enabling seamless cross-referencing for practitioners using both publications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eEditorial Standards and Accuracy\u003c\/strong\u003e] The text of the Rules is derived from official Gazette notifications. Every amendment is traced to its source notification with the precise date of effect. Taxmann's Editorial Board cross-verifies the text against original government publications, and any ambiguities or apparent errors in the official text are flagged through editorial notes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe detailed coverage of this book includes the following:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eComplete Annotated Text of the Income-tax Rules 1962\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e(Rules 1 to 134), incorporating all amendments notified up to the IT (Amendment) Rules 2026, with rule-level annotations comprising landmark judicial pronouncements, CBDT Circulars and Notifications, and editorial notes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrescribed Forms under Appendix II\u003c\/em\u003e\u003c\/strong\u003e, covering ITR Forms (ITR-A, ITR-U), Audit Report Forms (3CA, 3CB, 3CD, 3CEB, etc.), TDS\/TCS Certificates and Statements (Forms 16, 16A, 24Q, 26Q, 26AS, 27EQ, etc.), PAN and TAN Application Forms (49A, 49AA, 49B), and scores of other statutory forms—each accompanied by detailed action points\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepreciation Rate Tables\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— New Appendix I (AY 2006-07 onwards), Old Appendix I tables (covering AY 1984-85 to 2005-06) and Appendix IA\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAll-India Gradation List (Appendix III)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForms\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ePrescribed under Rule 11UF (Appendix IV)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompiled Text of Provisions of Allied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ereferred to in the Income-tax Rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOther Rules and Schemes\u003c\/em\u003e\u003c\/strong\u003e, including Income-tax (Certificate Proceedings) Rules 1962; Bank Term Deposit Scheme 2006; Senior Citizens' Savings Scheme 2019; National Savings Certificates (VIII Issue) Scheme 2019; Income-tax (Appellate Tribunal) Rules 1963; and the e-Dispute Resolution Scheme 2022\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eComprehensive Subject Index\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460934819863,"sku":null,"price":1956.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxRules1962.png?v=1788173745"},{"product_id":"r-k-jains-customs-law-manual-2026-27","title":"R.K. Jain's Customs Law Manual | 2026-27","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eR.K. Jain's Customs Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive consolidated reference on Indian customs law, assembling the complete statutory, subordinate, allied, and procedural framework governing import, export, and cross-border trade into a single, internally cross-referenced two-volume set. In continuous publication since 1986, it is the standard desk authority for the customs bar, the trade, and the Department alike.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTwo features set this Edition apart. First, it opens with a substantial authored treatise—the Overview of Customs Law \u0026amp; FTP—which explains the entire scheme of the law in narrative form before the black-letter text begins, and expressly cross-references the CBIC Customs Manual in Part 7. Second, the new CBIC's Customs Manual 2025—the Department's own consolidated procedural compendium—is reproduced in full alongside its latest instructions, circulars, and public notices. The Manual therefore moves the reader from the policy rationale, to the statutory provision, to the operative notification and prescribed form, and finally to the Department's working procedure, without leaving the set.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is intended for stakeholders who require statutory certainty, procedure accuracy, and defensible interpretation in Customs matters, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms and Indirect-Tax Practitioners, Advocates, and Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before adjudicating authorities, the Commissioner (Appeals), CESTAT, the High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on duty, valuation, classification, drawback, and trade compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms Brokers and Licensed Clearing Agents\u003c\/em\u003e\u003c\/strong\u003e, and their qualified employees\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eImporters, Exporters, EOUs, SEZ Units and Developers\u003c\/em\u003e\u003c\/strong\u003e, and trade-compliance, valuation, and logistics teams\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Customs Department, DRI, and the Allied Adjudication\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand enforcement wings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Legal, Tax, and Supply-Chain Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof manufacturing, trading, and multinational enterprises\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Candidates Preparing for Professional and Departmental Examinations\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein customs and international trade law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 76\u003csup\u003eth\u003c\/sup\u003e Edition | 2026-27, amended by the Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Centax's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthored Overview\u003c\/strong\u003e] A standalone editorial treatise on the whole of customs law and the Foreign Trade Policy 2023 opens the work, integrating statutory provisions with departmental circulars and FTP 2023 paragraph citations, so the framework can be understood as a system before individual provisions are consulted\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatute Paired with Departmental Procedure\u003c\/strong\u003e] The new CBIC's Customs Manual 2025 is reproduced in full and read together with the latest supplementary instructions, circulars, and public notices, placing each substantive provision beside its administrative application\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Bare Act\u003c\/strong\u003e] The Customs Act 1962 is presented section by section, chapter-wise, with superscript footnotes carrying amendment history and source notes, allowing the current text and its legislative evolution to be read together\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCurrent to the Latest Reforms\u003c\/strong\u003e] Fully updated for the Finance Act 2026 and developments up to 15\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMay 2026 and carrying the Finance Act 2025 changes such as the abolition of the Settlement Commission (\u003cem\u003ew.e.f. 1-4-2025\u003c\/em\u003e) and the electronic refund procedure\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSingle Integrated Reference\u003c\/strong\u003e] Acts, rules, regulations, notifications, forms, bonds, allied laws, departmental procedure, and SEZ law are consolidated into one continuously maintained set, removing the need to consult disconnected sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBuilt-In Finding Aids\u003c\/strong\u003e] A detailed acronyms table, section-wise and rule-wise contents, a chapter-wise procedural index, and a chronological notification locator (\u003cem\u003eseparately for the Ministry of Finance and the Customs Commissionerates\u003c\/em\u003e) support rapid navigation and audit\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eContinuity of Authority\u003c\/strong\u003e] The 76\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eEdition of a title in print since 1986, maintaining the editorial reliability and cross-referencing discipline on which the customs community has long relied\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume-wise coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eEditorial Overview and Trade Context\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA narrative treatise covering: levy and exemption of duty; customs valuation of imports and exports; assessment, self-assessment, Risk Management System (RMS), Post-Clearance Audit (PCA), and provisional assessment; import, export, baggage, courier, and postal procedures; warehousing and manufacture-in-bond; exemptions, Project Imports, and Preferential\/Free Trade Agreements; remission, re-import, and re-export; departmental adjudication; demands and recovery; refunds (\u003cem\u003eincluding the electronic refund procedure effective 1-4-2025\u003c\/em\u003e); enforcement powers (\u003cem\u003esummons, arrest, search, seizure\u003c\/em\u003e); offences, punishments, and compounding; appeals and revision up to the Supreme Court; and an Overview of the Foreign Trade Policy 2023 (\u003cem\u003eDGFT administration, deemed exports, quality complaints and trade disputes\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCore Statutory and Subordinate Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete Customs Act 1962, section by section, as amended, with amendment-history footnotes\u003c\/li\u003e\n\u003cli\u003eThe full body of Customs Rules and Regulations—valuation, warehousing, drawback, baggage, courier, manufacture-in-bond, sea\/air cargo manifest, customs broker licensing, and related rules\u003c\/li\u003e\n\u003cli\u003eAppeal, Revision and Appellate Tribunal's Rules, Notifications and Orders\u003c\/li\u003e\n\u003cli\u003eThe complete set of Notifications issued under the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eForms, Bonds, and Operational Instruments\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe prescribed library of Customs Forms \u0026amp; Bonds (\u003cem\u003enumbered to Form 195\u003c\/em\u003e), spanning Bills of Entry, Shipping Bills and Bills of Export, transhipment and transit instruments, courier bills, drawback statements, electronic cash and duty-payment ledgers, registration and authorised-importer applications, and baggage and currency declarations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAllied Legislation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eForeign Trade (Development and Regulation) Act 1992, with the Foreign Trade (Regulation) Rules 1993, the Exemption Order 1993, and FTDR notifications\u003c\/li\u003e\n\u003cli\u003eProvisional Collection of Taxes Act 2023\u003c\/li\u003e\n\u003cli\u003eTea Act 1953; Coffee Act 1942; Live-stock Importation Act 1898; and Post Office Act 2023 (\u003cem\u003erelevant extracts\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eConservation of Foreign Exchange and Prevention of Smuggling Activities Act 1974 (COFEPOSA)\u003c\/li\u003e\n\u003cli\u003eForeign Exchange Management Act 1999, with the FEM (Export of Goods and Services) Regulations 2026 and the FEM (Current Account Transactions) Rules 2000\u003c\/li\u003e\n\u003cli\u003eSafeguard Measures (Quantitative Restrictions) Rules 2012\u003c\/li\u003e\n\u003cli\u003eCustoms Tariff Act 1975, and Validating Provisions relating to the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDepartmental Procedure — CBIC's Customs Manual 2025\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of Customs Functions; arrival of conveyances; clearance of imported and export goods; Faceless Assessment; classification of goods; classification\/assessment of Project Imports, baggage, and postal imports; customs valuation; provisional assessment; import\/export restrictions and prohibitions; warehousing; transhipment and consolidation of cargo; merchant overtime fee; less-charge demand; refunds under the Customs and IGST Acts; detention, release, and storage of goods; import\/export through courier and post; import of samples; re-importation and re-exportation; disposal of unclaimed\/uncleared cargo; Intellectual Property Rights; Duty Drawback; Export Promotion Schemes; Special Economic Zones; Export Oriented Units; international passenger facilitation; ICDs\/CFSs\/AFSs; Customs Cargo Service Providers; Customs Brokers; offences and penal provisions; appeal, review, and settlement of cases; grievance redressal; audit; the Authorised Economic Operator (AEO) Programme; and customs functions related to preferential trade agreements—together with the Master Supplementary Instructions, circulars, and public notices\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Economic Zones\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSpecial Economic Zones Act 2005; SEZ Rules 2006; SEZ Authority Rules 2009; and the prescribed SEZ Forms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNotification Finder\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChronological lists of all customs notifications issued by the Ministry of Finance and by the Customs Commissionerates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into nine Parts across two volumes, progressing from the editorial overview through primary statute, subordinate law, forms, allied legislation, departmental procedure, and SEZ law, and closing with a chronological notification locator.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Acts, Rules, Regulations, Notifications \u0026amp; Overview of Customs Law \u0026amp; FTP\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA table of acronyms and the Overview of Customs Law \u0026amp; FTP treatise\u003c\/li\u003e\n\u003cli\u003ePart 1 — Customs Act 1962\u003c\/li\u003e\n\u003cli\u003ePart 2 — Customs Rules and Regulations\u003c\/li\u003e\n\u003cli\u003ePart 3 — Appeal, Revision and Appellate Tribunal's Rules, Notifications and Orders\u003c\/li\u003e\n\u003cli\u003ePart 4 — Notifications issued under the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — Forms, Allied Laws, SEZ, Circulars, Public Notices \u0026amp; Clarifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 5 — Customs Forms \u0026amp; Bonds\u003c\/li\u003e\n\u003cli\u003ePart 6 — Allied Acts, Rules and Regulations\u003c\/li\u003e\n\u003cli\u003ePart 7 — CBIC's Customs Manual with Latest Instructions\/Circulars\u003c\/li\u003e\n\u003cli\u003ePart 8 — Special Economic Zones\u003c\/li\u003e\n\u003cli\u003ePart 9 — Chronological List of Notifications issued under the Customs Act 1962, by the Finance Ministry and Customs Commissionerate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eThis architecture allows any provision to be traced end-to-end: from the explanatory overview, to the section in Part 1, to the governing rule in Part 2, to the operative notification in Parts 4 and 9, to the prescribed form in Part 5, and to the working procedure in the CBIC Manual in Part 7\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460990787607,"sku":null,"price":3146.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/R.K.Jain_sCustomsLawManual.png?v=1788177483"},{"product_id":"r-k-jains-customs-tariff-of-india-2026-27","title":"R.K. Jain's Customs Tariff of India | 2026-27","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eR.K. Jain's Customs Tariff of India \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis the authoritative, single-source compilation of the law, rates and exemptions governing the import and export of goods into and out of India. Across two volumes, it brings together the complete Customs Tariff Act 1975, the full Import Tariff (First Schedule) and Export Tariff (Second Schedule), the IGST levy on imports, and every parallel impost that attaches at the border—cesses, surcharges, additional and special duties, and the trade-remedy duties (\u003cem\u003eanti-dumping, countervailing and safeguard\u003c\/em\u003e). The defining strength of the work is integration: against each tariff heading, the reader finds not only the statutory rate but the effective rate after exemptions, the applicable trade-remedy duties, and the relevant departmental clarifications and case law, so that landed-cost and duty-liability questions can be settled within a single Chapter. This Edition incorporates the newly enacted Health Security se National Security Cess (HSNS Cess) regime and the recast Baggage Rules 2026. In continuous publication since 1979, it remains the standard working tariff of the Indian customs and trade-tax community.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is indispensable for stakeholders who require classification certainty, effective-rate accuracy, exemption defensibility, and audit- or litigation-grade traceability, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms And Indirect-Tax Practitioners, Advocates and Chartered Accountants\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eadvising on classification, valuation, exemption eligibility and duty computation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eImporters, Exporters, Customs Brokers (CHAs) and EXIM\/Foreign-Trade Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edetermining landed cost, effective duty and FTA preference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms and CBIC Field Officers\u003c\/em\u003e\u003c\/strong\u003e—appraising, assessment, audit, SVB and origin-verification groups\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Indirect-Tax, Supply-Chain, Sourcing and Treasury Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003emanaging tariff and trade-remedy exposure\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Counsel and Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling anti-dumping, countervailing and safeguard proceedings and refunds\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Institutions, Law and Commerce Libraries\u003c\/em\u003e\u003c\/strong\u003e, and candidates in indirect-tax and international-trade examinations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 85\u003csup\u003eth\u003c\/sup\u003e Edition | 2026-27, amended by Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by \u003c\/span\u003e\u003cspan\u003eCentax's Editorial Board \u003c\/span\u003e\u003cspan\u003ewith the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eLaw, Rates and Effective Duty in One Place\u003c\/strong\u003e] Statutory text, the tariff schedules and every linked levy are consolidated so the effective rate of duty can be derived without consulting separate publications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePer-Chapter Integrated Treatment\u003c\/strong\u003e] For each tariff Chapter, the basic rate is followed, in a fixed order, by tariff values (\u003cem\u003ewhere prescribed\u003c\/em\u003e), anti-dumping and countervailing duties, safeguard duties, exemption notifications, and departmental clarifications and case law\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJumbo Exemption Notification\u003c\/strong\u003e] The consolidated exemption and effective-rate notification covering specified goods of Chapters 1 to 98 (\u003cem\u003eread with section 25(4A) of the Customs Act 1962\u003c\/em\u003e), the principal reference point for concessional and effective rates, is included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated \u0026amp; Amended\u003c\/strong\u003e] Fully reconciled with the Finance Act 2026 and all subordinate legislation up to the cut-off date; omitted and superseded provisions (\u003cem\u003ee.g. Education Cess, Secondary \u0026amp; Higher Education Cess\u003c\/em\u003e) are retained as marked entries for continuity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHealth Security se National Security Cess (HSNS Cess)\u003c\/strong\u003e] The HSNS Cess Act 2025 and HSNS Cess Rules 2026 with departmental FAQs, together with the allied Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) Rules 2026 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNew Baggage Framework\u003c\/strong\u003e] The recast Baggage Rules 2026 and the Customs Baggage (Declaration and Processing) Regulations 2026 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLatest Trade-Agreement and Assessment Rules\u003c\/strong\u003e] The India–EFTA (TEPA) Rules 2025 and the Customs (Finalisation of Provisional Assessment) Regulations 2025 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBuilt-In Computation Guidance\u003c\/strong\u003e] A 'How to use this Tariff?' guide and a worked 'How to calculate the effective rate of import duty' illustration that sets out the order in which BCD, Social Welfare Surcharge, cesses and IGST are calculated\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCustoms Tariff Act 1975\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete bare-Act text, including the charging provision, preferential and trade-agreement rates, protective-duty powers, emergency powers, and the substantive trade-remedy sections (\u003cem\u003e9, 9A, 9AA, 9B, 8B\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eImport Tariff (First Schedule)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full Harmonised System classification: 98 Chapters arranged in 21 Sections, with Section Notes, Chapter Notes, Sub-Chapter divisions, the General Rules for Interpretation and the General Explanatory and Additional Notes. The schedule runs the entire commodity spectrum—from live animals, vegetable products and mineral fuels, through chemicals, plastics and textiles, to base metals, machinery, electrical equipment, vehicles, precision instruments, arms, works of art, and the special provisions of Chapter 98 (\u003cem\u003eproject imports, laboratory chemicals, passengers' baggage and personal importation by air or post\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGeneral Exemptions for Import\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOrganised into thematic families covering, among others, imports by privileged persons, organisations and foreigners; training, educational, research and testing imports; oil-exploration and national-programme imports; donations and gifts; sports goods and trophies; imports from specified countries and preferential areas; export-promotion schemes, EOUs and temporary imports; Special Economic Zones; advance authorisation, DFIA, EPCG and replenishment-licence schemes; re-imports; imports for industrial production; and chapter-wise effective rates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExport Tariff (Second Schedule)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCommodities liable to export duty, the corresponding export exemptions (\u003cem\u003ere-export of confiscated goods, samples and gifts, specified agricultural and leather goods, etc.\u003c\/em\u003e), and departmental clarifications and case law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIGST on Imports\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA bird's-eye introduction to IGST, extracts of the IGST Act 2017, the IGST Rules, and the rate, exemption and law-and-procedure notifications, supported by commentary on the charge, levy on import of goods, place of supply, reverse charge, apportionment of tax, and the application of CGST provisions to IGST\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCesses, Additional Duties and Other Levies (Annexures 1–35)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSocial Welfare Surcharge, Road \u0026amp; Infrastructure Cess, Health Cess on imported medical devices, National Calamity Contingent Duty, Agriculture Infrastructure and Development Cess, the GST Compensation Cess position (\u003cem\u003enot leviable from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/em\u003e), CVD and Special Duty, the IGCR (Concessional Rate) Rules 2022, Project Imports Regulations 1986, and the HSNS Cess regime, together with the validating provisions relating to the Customs Tariff\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTrade-Remedy Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe rules and rate notifications for anti-dumping duty, countervailing duty on subsidised articles, and the refund of anti-dumping duty paid in excess of the actual margin of dumping, alongside the safeguard-duty and safeguard-measures (\u003cem\u003equantitative restrictions\u003c\/em\u003e) framework and the agreement-specific bilateral safeguard rules (\u003cem\u003eIndia–Singapore, ASEAN, Japan, Korea, Malaysia\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRules of Origin\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe determination-of-origin rules for India's preferential and comprehensive economic agreements—APTA, SAFTA, ASEAN, Japan, Korea, Singapore, Mauritius, UAE, Australia, Chile, MERCOSUR, the DFTP scheme for LDCs, and the new India–EFTA arrangement—and the Customs (Administration of Rules of Origin under Trade Agreements) Rules 2020\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFinding Tools\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA consolidated Commodity Index and a Chronological List of Basic Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into nine Parts across two volumes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Custom Duty Rates \u0026amp; Exemptions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 1 — Customs Tariff Act, 1975 (\u003cem\u003etext\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 2 — Import Tariff (\u003cem\u003eFirst Schedule\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — IGST, Export Tariff, Cesses, Trade-Remedy Duties, Baggage Rules \u0026amp; Index\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 3 — Export Tariff (\u003cem\u003eSecond Schedule\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 4 — IGST\u003c\/li\u003e\n\u003cli\u003ePart 5 — Annexures 1–35 (\u003cem\u003eCesses, Additional Duties \u0026amp; Other Levies, including the HSNS Cess\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 6 — Safeguard Duty\u003c\/li\u003e\n\u003cli\u003ePart 7 — Anti-dumping \u0026amp; Countervailing Duty; Part 8 — Miscellaneous (\u003cem\u003eCommodity Index and Chronological List of Basic Notifications\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eWithin Part 2, every Chapter follows the same internal sequence—Rules for Interpretation and General Exemptions at the front of the Part, then, Chapter by Chapter, the Section and Chapter Notes followed in fixed order by tariff values, anti-dumping and countervailing duties, safeguard duties, exemption notifications, and departmental clarifications and case law\u003c\/li\u003e\n\u003cli\u003eThis recurring architecture allows the reader to move from a tariff heading to its fully-loaded effective rate within one Chapter, with cross-references pointing to the Annexures in Volume 2 for the levies that stack on top of basic customs duty\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45461021098007,"sku":null,"price":3146.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/R.K.Jain_sCustomsTariffofIndia.png?v=1788178734"},{"product_id":"employer-employees-guide-to-new-labour-laws","title":"Employer Employee's Guide to New Labour Laws","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eEmployer-Employee's Guide to New Labour Laws\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eis a focused, practical handbook that explains how India's labour-law landscape has been transformed by the four new Labour Codes and what that transformation means, in concrete terms, for employers and employees alike. The four Codes are:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eThe Code on Wages 2019 (COW 2019)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Industrial Relations Code 2020 (IRC 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Code on Social Security 2020 (CSS 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Occupational Safety, Health and Working Conditions Code 2020 (OSHWC Code 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThese four Codes consolidate and replace more than two dozen erstwhile central labour enactments—among them the Payment of Bonus Act 1965, Payment of Gratuity Act 1972, Minimum Wages Act 1948, Payment of Wages Act 1936, EPF Act 1952, ESI Act 1948, Employees' Compensation Act 1923, Factories Act 1948, Industrial Disputes Act 1947, Contract Labour Act 1970, Trade Unions Act 1926, Maternity Benefit Act 1961, Equal Remuneration Act 1976, Inter-State Migrant Workmen Act 1979, and the Unorganised Workers' Social Security Act 2008. The book is built around the fact that all four Codes came into force on 21\u003csup\u003est\u003c\/sup\u003e November 2025, making this 2026 edition a timely, transition-stage guide, with the law set out up to 15\u003csup\u003eth\u003c\/sup\u003e June 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eCrucially, the book does not simply reprint the statute. Its organising principle is a single, high-value question—\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewhat has actually changed?\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e Topic by topic, it isolates each new definition, revised threshold, fresh compliance obligation, and altered entitlement under the Codes, and contrasts it with the corresponding provision in the repealed Act (\u003cem\u003eoften citing both the old section and the new Code section\u003c\/em\u003e). The result is a change-oriented digest that lets either side of the workplace relationship understand the practical impact of the new regime quickly and precisely.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe guide is pitched at both a general and a professional readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployers, Business Owners, and Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must understand and discharge new compliance duties (\u003cem\u003eregistrations, notices, licences, wage restructuring, returns\u003c\/em\u003e) under the Codes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Personnel, Payroll, and Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e re-engineering salary structures and benefit calculations to align with the new, unified definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployees, Workers, and their Representatives\/Trade Unions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want clarity on revised rights, eligibility, and protections\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractitioners—Labour-Law Advocates, Company Secretaries, Chartered Accountants, and Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—needing a fast, reliable change-reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Academics in Law, HR, and Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a clear orientation to the new four-Code architecture\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIt’s plain-language, comparison-driven style serves newcomers as an explainer and experienced professionals as a desk-side ready reckoner\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 1\u003csup\u003est\u003c\/sup\u003e Edition, updated till 15\u003csup\u003eth\u003c\/sup\u003e June 2026, authored by Taxmann\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003es Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eChange-Focused, not Text-Heavy\u003c\/strong\u003e] Every chapter pinpoints what is new or different under the Codes and sets it against the repealed Act, so the practical effect is immediately visible\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAll Four Labour Codes in One Slim Volume\u003c\/strong\u003e] Wages, Industrial Relations, Social Security, and OSHWC are covered together, with cross-references between old and new provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003cstrong\u003eBuilt Around the Unified \u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e Definition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The single definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e [\u003cem\u003eSection 2(y), COW 2019\u003c\/em\u003e] now applies across all four Codes—and the book devotes a full chapter to it\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003cstrong\u003eWorked Illustrations of the \u003c\/strong\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cspan\u003e50% Rule\u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\u003cspan\u003e Concrete, rupee-by-rupee examples show how allowances exceeding 50% of total remuneration are added back to \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages,\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003eand how this re-bases bonus, gratuity, PF, and ESI\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLatest Government Clarifications\u003c\/strong\u003e] Reflects the official FAQs on Labour Codes dated 30-12-2025 and the Additional FAQs dated 16-03-2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual Employer–Employee Lens\u003c\/strong\u003e] Obligations and entitlements are presented from both sides of the workplace relationship\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTopic-wise Alphabetical Arrangement\u003c\/strong\u003e] Subjects from Bonus to Special Categories of Workers are easy to look up\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGranular Paragraph Design\u003c\/strong\u003e] Each topic is split into numbered points, each flagging one discrete change\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBuilt-in Reference Aids\u003c\/strong\u003e] A list of abbreviations maps each repealed Act to its short form, and a subject index supports quick navigation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe guide spans 23 chapters across wages, social security, workplace safety, and industrial relations. Thematically:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWages \u0026amp; Monetary Benefits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The new unified definition and its downstream effects\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBonus\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Uniform accounting year (1 Apr–31 Mar) for all employer-entities; revised eligibility\/threshold limits; impact of the new \"wages\" definition on bonus payable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eGratuity\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including recognition of fixed-term employees, who become eligible for pro-rata gratuity even where service ends without completing the usual 5 years of continuous service\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEqual Remuneration\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFAQs and Illustrations on Wage Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSocial Security \u0026amp; Welfare\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' Provident Fund (EPF)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' State Insurance (ESI)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' Compensation\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eMaternity Benefit\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eUnorganised Workers' Social Security — Now expressly extended to gig workers and platform workers, with new registration and welfare provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eRegistration of Establishments under the Code on Social Security 2020\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOccupational Safety, Health \u0026amp; Working Conditions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDuties of Employees Regarding Workplace Safety\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDuties of All Employers in Respect of Workplace, Occupational Safety and Health Standards, etc.\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFactories\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eMines\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndustrial Relations \u0026amp; Employment Administration\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eIndustrial Disputes\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including the new framework for fixed-term employment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eStanding Orders\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eTrade Unions\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eContract Labour\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Applicability threshold raised from 20 to 50 workers; new electronic licensing, work-specific licences, and notice requirements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eCareer Centres\/Employment Exchanges\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eEmployment Exchanges\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003ereconceived as wider \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eCareer Centres,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e which may be portals and also serve self-employment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Categories \u0026amp; Protections\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eInter-State Migrant Workers\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eWomen, Employment of\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including provisions permitting women to work at night (\u003cem\u003ebeyond 7 p.m. and before 6 a.m.\u003c\/em\u003e), subject to prescribed safety conditions and the woman's consent\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eSpecial Categories of Workers\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eAcross these topics the book consistently highlights the concrete shifts—new definitions, raised or removed thresholds, electronic notices and registrations, and reworked entitlements—rather than leaving the reader to infer them from the bare Code text\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpotlight — The Unified \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e' \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDefinition \u0026amp; the 50% Rule\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cspan\u003eThe book's standout practical contribution is Chapter 23 (\u003cem\u003eFAQs and Illustrations on Wage Structure\u003c\/em\u003e), which addresses the change with the widest payroll impact: a single statutory definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e now governs bonuses, gratuities, employer PF contributions, and employer ESI contributions across all four Codes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eIn essence, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003e= Basic pay, Dearness Allowance \u0026amp; Retaining Allowance, with specified components excluded. But under the 50% rule, if total excluded allowances exceed 50% of total remuneration, the excess is added back into \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages.\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e The chapter works this through in plain figures, for example:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\n\u003cspan\u003eOn a CTC of ₹1,00,000\/month (Basic \u0026amp; DA ₹20,000; allowances ₹60,000; gratuity ₹20,000), 50% of ₹1,00,000 is ₹50,000. The allowance excess over that cap is ₹10,000, which is added back—so statutory \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e become ₹30,000, and bonus\/gratuity\/PF\/ESI are computed on that figure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eIt also reproduces and explains the Government's own illustration from the FAQs on Labour Codes dated 30-12-2025, making the chapter a hands-on tool for HR and payroll teams restructuring compensation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFront Matter\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapter-heads, a detailed analytical table of contents (\u003cem\u003edown to sub-paragraph level\u003c\/em\u003e), and a list of abbreviations that maps each of the two-dozen-plus repealed Acts to its short form\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e23 Topic Chapters Arranged Alphabetically\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — From Bonus (\u003cem\u003eChapter 1\u003c\/em\u003e) through Special Categories of Workers (\u003cem\u003eChapter 22\u003c\/em\u003e), so any subject can be found without an index search\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComparative, Numbered-paragraph Design\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each chapter opens by naming the repealed Act and the Code (\u003cem\u003eand chapter\u003c\/em\u003e) that now governs the subject, then proceeds point-by-point (\u003cem\u003e1.1, 1.2 …\u003c\/em\u003e), each point isolating a single change and frequently citing both the old section and the new Code section\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Dedicated Practical Chapter\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapter 23 (\u003cem\u003ethe final chapter\u003c\/em\u003e) converts the new wage definition into Q\u0026amp;A plus worked numerical illustrations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eClosing Reference\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A Subject Index for pinpoint navigation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThis lets a reader either read a topic end-to-end or jump straight to one specific change—equally suited to study and on-the-desk compliance checks\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45470873649175,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Employer-Employee_sGuidetoNewLabourLaws.png?v=1788349864"},{"product_id":"direct-taxes-law-practice","title":"Direct Taxes Law \u0026 Practice","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Law \u0026amp; Practice (Professional Edition)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship treatise on Indian direct taxation by Dr Vinod K. Singhania and Dr Kapil Singhania, first published in August 1981 and now in its 74\u003csup\u003eth\u003c\/sup\u003e Edition. This is the most significant revision in the work's four-decade history: the entire text has been reconstructed around the Income-tax Act 2025, the statute that supersedes the Income-tax Act 1961 with effect from 1\u003csup\u003est\u003c\/sup\u003e April 2026, read with the Income-tax Rules 2026, which replace the Income-tax Rules 1962.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated is as amended by the Finance Act 2026 and the Taxation \u0026amp; Other Laws (Amendment) Act 2026, and is updated up to 10\u003csup\u003eth\u003c\/sup\u003e August 2026. The commentary incorporates the Central Board of Direct Taxes' Office Memorandum dated 6\u003csup\u003eth\u003c\/sup\u003e July 2026, cited at five separate points in the chapter on repeal and savings and including a ten-point clarification on the conduct of proceedings straddling the two statutes; it further sets out the Foreign Assets of Small Taxpayers Disclosure Scheme 2026 in full working detail.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAs the authors observe, the Income-tax Act 2025 is 'vast, intricate, and ever-evolving', and for practitioners 'the true challenge lies not merely in mastering its statutory provisions, but in applying them to real-world scenarios with clarity, precision, and confidence'. The work has accordingly been thoroughly rewritten rather than renumbered. Wherever a provision of the 2025 Act has an antecedent in the 1961 Act, the discussion carries that antecedent in brackets alongside—a convention observed throughout the headings, sub-headings, tables, footnotes, case-law notes and the computation lines within the case studies themselves. A practitioner accustomed to reasoning in terms of sections 10, 32, 45, 48, 80C, 139, 143(3) or 194J may therefore locate the corresponding proposition within the new architecture without interruption.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition is designed to serve as the single work to which a practitioner turns when a question must be answered correctly, promptly and with authority. It is intended for the following readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Chartered Accountants, Company Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling return filing, tax audit, TDS\/TCS compliance, assessments, appeals and advisory work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates, Tax Counsel and Litigators\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eappearing before the JCIT(A)\/CIT(A), the Appellate Tribunal, the High Courts and the Supreme Court, particularly upon transitional questions spanning both statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax Teams, CFOs, Finance Controllers and Corporate Tax Managers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for corporate tax positions, MAT\/AMT, withholding obligations, group restructuring and disclosure\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransfer Pricing and International Tax Specialists\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising upon associated enterprises, arm's length pricing, safe harbour rules, APAs, secondary adjustments, thin capitalisation and non-resident taxation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvisors to Non-Profit Organisations and Trusts, Co-operative Societies, Firms and LLPs\u003c\/em\u003e\u003c\/strong\u003e, given the extent to which the 2025 Act recasts the charitable-institution regime\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers and Revenue-Side Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring the statutory position, the Board's circulars and the judicial gloss upon a provision in a single place\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademics, Researchers and Advanced Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof the CA Final, CS Professional, CMA Final, LLB\/LLM, M.Com and comparable programmes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eThose Managing the 1961-to-2025 Transition\u003c\/em\u003e\u003c\/strong\u003e, including carry-forward losses, unabsorbed depreciation, MAT\/AMT credit, pending proceedings, options already exercised, past orders, expired limitation and search cases\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 74\u003csup\u003eth\u003c\/sup\u003e Edition for Tax Year 2026-27 and Assessment Year 2026-27. It is authored by Dr Vinod K. Singhania \u0026amp; Dr Kapil Singhania, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensively Rewritten\u003c\/strong\u003e] In line with the Income-tax Act 2025 and the Income-tax Rules 2026. Chapters have been restructured rather than renumbered: material which the new statute consolidates is consolidated here, and material which it redistributes is redistributed accordingly.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-wise Cross-Referencer of Old \u0026amp; New Provisions\u003c\/strong\u003e] Mapping every provision of the 1961 Act to its counterpart in the 2025 Act and to the paragraph of this book in which it is discussed. The referencer operates in both directions, carrying entries for provisions that are new and without antecedent as well as for provisions of the repealed Act that have no successor, so that no line of enquiry terminates without a result. It cites paragraph numbers rather than page numbers, directing the reader to the discussion itself.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAmendments at a Glance\u003c\/strong\u003e] More than 50 pages identifying what has changed and where each change is discussed. An 85-item referencer in three parts: the amendments introduced by the Finance Act 2026; the structural changes brought about by the Income-tax Act 2025; and the changes introduced by the Income-tax Rules 2026, the last presented in before-and-after tabular form. For a practitioner returning to the work after an interval, it constitutes the natural point of entry\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRoute-Map Tables\u003c\/strong\u003e] Placed at the head of the more substantial chapters, listing every topic against its section, its antecedent section and its paragraph number, so that a chapter extending to 250 pages may be surveyed in two before the reader proceeds\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTheoretical Discussion Supplemented by 600+ Case Studies\u003c\/strong\u003e] Spanning an exhaustive range of issues and offering solutions to complex problems with reference to the latest case law. More than 450 carry a citable identifier, and 445 are worked through to a labelled solution accompanied by a full computation table. Running page headers carry the problem number, enabling a case study to be located and cited with precision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLucid \u0026amp; To-the-Point Explanations\u003c\/strong\u003e] The matter is painstakingly arranged in numbered paragraphs and sub-paragraphs to conserve the reader's time and effort, while debatable issues are deliberated through to their logical conclusion rather than left unresolved\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTax Planning Hints\u003c\/strong\u003e] Provided wherever the occasion arises. Six chapters conclude with a dedicated planning paragraph, and a full chapter develops the subject in its own right, distinguishing tax planning, avoidance, evasion and tax management, and tracing the leading authorities upon the limits of legitimate arrangement\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGist of Relevant Circulars, Clarifications \u0026amp; Notifications issued by CBDT\u003c\/strong\u003e] Covering January 2018 to February 2026: a 225-page digest arranged provision by provision, so that the departmental position upon a section may be read alongside the commentary upon it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGist of Landmark Rulings of Supreme Court\/High Courts\u003c\/strong\u003e] Covering 2018 to February 2026: a 159-page digest under more than 200 section headings, recording the status of Special Leave Petitions so that the precedential weight of a High Court ruling may be assessed. Across the commentary and both digests, the work carries upwards of 6,000 reported citations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFrequently Asked Questions\u003c\/strong\u003e] Upon the computation of salary income and the mode of computation of annual value, in which the authors address objections that a careful reader might raise regarding the method adopted in this book, including a numerical demonstration that the simplified computation employed here yields a result identical to that of the statutory sequence — a degree of methodological self-examination seldom encountered in works of reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eReady Reckoners\u003c\/strong\u003e] A Tax Rates annexure, opening with a sixteen-step computation format and carrying the rate tables for every category of assessee, together with a complete Rates of Depreciation annexure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Research Layer Precedes the Commentary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Approximately 450 of the work's 1,892 pages precede Chapter 1: abbreviations, the Section-wise Index, Amendments at a Glance and the two digests. Collectively they permit the reader to approach the work from whichever reference is to hand — an old section number, a new one, a circular, a judgment, a form, or simply the question of what has changed during the year\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNumbered Paragraphs Constitute the Unit of Reference\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The commentary runs in numbered paragraphs from 1 to 779, subdivided into approximately 2,500 sub-paragraphs across as many as four levels of depth. Every internal cross-reference is to a paragraph rather than to a page; for this reason the work requires no alphabetical subject index, the numbering and the section-wise map serving that purpose with greater precision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEach Topic Follows a Uniform Design\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The rule is stated; the exceptions and contested readings are examined with the support of circulars and case law; the argument is resolved; the proposition is demonstrated upon a worked case study with a full computation; and a planning note is added where warranted\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Allocation of Space Reflects Practical Significance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Profits and gains of business or profession occupies 251 pages, a fifth of the entire commentary, with depreciation alone subdivided into some ninety sub-paragraphs. Capital gains occupies 118 pages, salaries 90, tax deduction at source 86, and return of income and assessment 77. The procedural chapters are correspondingly concise, refunds occupying two pages and advance payment of tax five. The treatment throughout is proportionate to the practical weight of the subject\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482042327063,"sku":null,"price":3496.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/DirectTaxesLaw_Practice-ProfessionalEdition.png?v=1788426911"},{"product_id":"faceless-assessment-appeals-penalty","title":"Faceless Assessment Appeals \u0026 Penalty","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFaceless Assessment Appeals \u0026amp; Penalty – Law | Procedure | Practical Guide\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner's reference on India's faceless tax regime as it stands after the Finance Act 2026. It treats the three pillars of departmental adjudication—faceless assessments, faceless first appeals (CIT(A) and JCIT(A)) and faceless penalty proceedings—together with the allied e-schemes (\u003cem\u003everification, valuation, jurisdiction, escaping assessment, advance rulings, rectification, dispute resolution\u003c\/em\u003e) that now sit alongside them.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe defining feature of this Edition is its parallel handling of the Income-tax Act 1961 and the Income-tax Act 2025 during the transitional period: every section, rule, form and procedural reference is mapped to its counterpart in the other statute (\u003cem\u003esection 144B ↔ section 273; section 270A ↔ section 439; section 245MA ↔ section 379; section 273A ↔ section 469; section 273B ↔ section 470; section 250 ↔ section 359; section 263 ↔ section 377; Rule 46A ↔ Rule 192; Form 35 ↔ Form 99\u003c\/em\u003e) so the reader can argue under either Act without losing their footing.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book combines black-letter exposition with three layers of practitioner-facing material:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003eT\u003c\/span\u003e\u003cspan\u003ehe internal CBDT Standard Operating Procedures of every faceless unit reproduced and broken down question-by-question\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAn original survey of 25 senior tax practitioners on the lived experience of seven years of faceless practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFifteen worked case scenarios with full specimen submissions covering the issues that recur most often in scrutiny and re-assessment work—bogus purchases, cash deposits, change of opinion, denial of cross-examination, on-money additions, penny stocks, sanction without application of mind, and others\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe writing places deliberate emphasis on the craft of written advocacy, on the footing that the disappearance of the personal hearing has made the quality of the written submission almost the only thing that remains in the practitioner's control.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e representing assessees in scrutiny, re-assessment, first-appeal and penalty proceedings under the faceless regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Direct Tax Teams of Corporates, MSMEs, Family Offices and High-Net-Worth Individuals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e managing the assessment-to-Tribunal litigation cycle\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSenior Counsel and Partners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring a consolidated reference that handles the Income-tax Act 1961 and the Income-tax Act 2025 in parallel during the transitional years\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Consultants and Authorised Representatives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e drafting grounds of appeal, statements of facts, condonation petitions, affidavits, applications for additional evidence, stay applications, and written submissions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDepartmental Officers \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eseeking a structured account of the SOPs of the Assessment, Verification, Technical, Review, Penalty and Penalty Review Units, and the legal limits on each\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e preparing for writ proceedings on faceless infirmities, who need a curated digest of the natural-justice jurisprudence emerging from the High Courts since 2021\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e moving from the conventional regime into faceless practice who need an end-to-end procedural bridge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Students and Trainees\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e on the ICAI, BCAS, CTC and AIFTP representation-and-drafting courses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2\u003csup\u003end\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. This book is authored by Adv. Kinjal Bhuta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual-Statute Mapping\u003c\/strong\u003e] Provision-wise comparative tables linking every section, rule and form of the Income-tax Act, 1961\/Rules 1962 with the Income-tax Act 2025\/Rules, 2026, extending across penalty, appellate, rectification, revision and limitation provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Penalty Amendments\u003c\/strong\u003e] Dedicated treatment of the section 466 (272AA) maximum penalty hike from ₹1,000 to ₹25,000; the section 102 (115BBE) special rate cut from 60% to 30% with the offsetting 200% penalty pushing the effective burden from 85.80% to 117%; the section 440 (270AA) immunity extension to misreporting on payment of additional 100% tax; the new crypto-asset reporting penalty regime under sections 446 and 509 (271B and 285BAA); and the ₹1 lakh cap on the SFT failure penalty under section 454 (271FA)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCommon Assessment-and-Penalty Order\u003c\/strong\u003e] Coverage of the section 471 (274) regime introduced by the Finance Act 2025 for orders passed after 1 April 2027, with the author's note on its interaction with the Faceless Penalty Scheme\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eInternal CBDT SOPs Decoded\u003c\/strong\u003e] Reproduction and question-by-question decomposition of the SOPs of the Assessment, Verification, Technical, Review, Penalty and Penalty Review Units, including case allocation, response timelines, PCIT approval matrices, Insight and ITBA workflows, AU-1 to AU-9 annexure formats, and inter-unit reference protocols\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFAQ Treatment of Every Scheme\u003c\/strong\u003e] Separate Q\u0026amp;A blocks on the Faceless Assessment, Faceless Appeals 2021, e-Appeals 2023, Faceless Penalty (Amendment) 2022, e-Verification 2021, Faceless Inquiry or Valuation 2022, Faceless Jurisdiction 2022, e-Dispute Resolution 2022, e-Assessment of Income Escaping Assessment 2022, e-Advance Rulings (Amendment) 2023, and e-Rectification (section 157) Schemes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAnnotated Portal Walkthroughs\u003c\/strong\u003e] Step-by-step screen-by-screen guidance covering the response window, attachment rules (\u003cem\u003e5 MB single, 50 MB zipped, 10-attachment limit, 4,000-character remark cap\u003c\/em\u003e), partial vs. full responses, adjournment windows, e-verification, video-conference scheduling, and Form 99 (Form 35) appeal filing in eight stages\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eProcedural Maps\u003c\/strong\u003e] Bird's-eye-view diagrams tracing a case through the faceless pipeline, including the structural arrangement of the centres and units and the communication flow between AU, VU, TU, RU and NaFAC\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eOriginal Practitioner Survey\u003c\/strong\u003e] DIP-stick survey of 25 senior practitioners across metro, tier-2, tier-3 and pan-India practices, with fourteen multiple-choice questions across three sections, generating empirical findings such as 76% citing attachment size as the most pervasive technical problem, 72% flagging video-conference unreliability, 80% dissatisfied with the quality of faceless appellate orders, and only 24% rating the regime as very effective\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDrafting Curriculum\u003c\/strong\u003e] Two-chapter framework built on the 'A, B, C' principles (\u003cem\u003eAccuracy, Brevity, Clarity\u003c\/em\u003e), the Betty S. Flowers 'Madman, Architect, Carpenter, Judge' role model, the recommended placement of grounds (\u003cem\u003ejurisdictional → legal\/technical → merits by quantum → without-prejudice → consequential → prayer\u003c\/em\u003e), and a Tribunal-tested checklist for statements of facts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSpecimen Drafts Across the Lifecycle\u003c\/strong\u003e] Templates for jurisdictional, technical, natural-justice, merits-based, without-prejudice and prayer grounds, condonation of delay, affidavit, application for additional evidence, stay application, and factual and legal submissions for assessment and appellate stages\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFifteen Worked Case Scenarios\u003c\/strong\u003e] Chapter 6 specimen submissions covering bogus purchases, cash deposits under section 104 (69A), change-of-opinion re-assessments, denial of cross-examination, additions on documents not furnished, political-party donations, hardship compensation in re-development, re-assessment on incorrect information, additions based only on Investigation Wing reports, non-service of section 281(1) (148A(1)) notice, on-money\/cash payments for property, misreporting penalty under section 439(11) (270A(9)), penny stock additions, sanction under section 284 (151) without application of mind, and section 92(2)(m) (56(2)(x)) on tenancy-rights sales\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSixteen Procedural Infirmities Digested\u003c\/strong\u003e] Issue-wise case-law digest covering reasonable opportunity, video-conference denial, addition without SCN, opportunity for all additions, missing SCN, reply not considered, non-speaking orders, best judgment not exercised, adjournment ignored, pre-conceived notions, technical glitches, regional-language documents, DRP objections ignored, SOPs not followed, cross-examination and document access denied, and voluminous-attachment hearings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDoctrines of Construction and Precedent\u003c\/strong\u003e] Treatment of per incuriam, sub silentio, obiter dicta, ratio decidendi, stare decisis, res judicata, estoppel, specific-over-general, statute-over-rules, ejusdem generis, casus omissus, charging vs. machinery provisions, deeming provisions, binding nature of circulars, and the doctrine of precedence, each anchored to leading authorities including Punjab Land Development, Gurnam Kaur, Sun Engineering Works, Balwant Rai Saluja, Radhasoami Satsang and Bagyalakshmi \u0026amp; Co.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAI in Legal Drafting\u003c\/strong\u003e] Dedicated framework on the responsible use of generative AI, covering risks (\u003cem\u003ecitation hallucination, jargon-without-context, voice mismatch, factual drift\u003c\/em\u003e), practical dos and don'ts, workflow tools (\u003cem\u003eGrammarly, WordRake, QuillBot\u003c\/em\u003e), and a structured verification protocol for AI-generated case law\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFive Source-Document Appendices\u003c\/strong\u003e] Reproduction of the Faceless Assessment SOP (\u003cem\u003efull A-through-O paragraphing\u003c\/em\u003e), the Faceless Appeal and e-Appeal Schemes, the Faceless Penalty Scheme with annexures, the suite of other Faceless\/e-Schemes, and the original Press Releases including the 13 August 2020 'Honouring the Honest' announcement and the 25 September 2020 Faceless Appeals launch\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePalkhivala Anchors\u003c\/strong\u003e] Each chapter opens with a curated quotation from Sr. Adv. Nani Palkhivala as the author's tribute, framing the substantive legal analysis that follows\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eArchitectural Foundations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConstitutional, statutory and administrative framework of faceless tax proceedings, traced from the Tax Administration Reforms Commission (\u003cem\u003eShome Committee, 2014\u003c\/em\u003e), through the CASS system, the e-Assessment Scheme of 2019, the Amendment Act of 2020, the insertion of section 144B (\u003cem\u003enow section 273 of the Income-tax Act 2025\u003c\/em\u003e), and the Finance Act 2026 amendments\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFour Iterations of the Assessment Regime\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSide-by-side comparison of the Faceless Assessment Scheme 2019, the New Faceless Regime from 1 April 2021, the substituted regime from 1 April 2022 to 31 March 2026, and the Income-tax Act, 2025 framework, covering governing legislation, jurisdiction, scope, draft-order procedure, the Income or Loss Determination Proposal (ILDP) mechanism, the deletion of the 'non est' sub-section, and DRP reference handling\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless First Appeals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTreatment of appeals before the JCIT(A) and CIT(A) under the Faceless Appeal Scheme 2021 and e-Appeals Scheme 2023—appealable and non-appealable orders, conditions of admission, the Form 35 to Form 99 transition, electronic filing requisites, additional grounds and evidence, enhancement, transfer, rectification, and progression to the ITAT\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless Penalty Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInitiation, abeyance, show-cause stage, immunity under section 440 (270AA), waiver under section 469 (273A), the section 470 (273B) reasonable-cause defence including the new section 451 and 452 (271DA, 271DB) inclusions, common assessment-and-penalty orders, time limits under section 472 (275), and the risk of multiple penalties allocated across Penalty Units\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThirteen Portal-Level Concerns\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSession expiry mid-submission, the 5 MB attachment limit and its workarounds, partial vs. full submission strategy, retraction of mistaken attachments, the 15-day adjournment window, time-of-day vs. end-of-day cut-off ambiguity, real-time alert failure, jurisdiction-industry mismatch, non-speaking orders and their interplay with sections 263 and 264 (377\/378), case-law attachment practice, reasonable cause for non-response, partial-submission treatment, and section 144A directions in light of the Income-tax Act, 2025 silence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Conundrums in Practice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInsufficient response time at the show-cause stage, departmental silence on adjournments, set-aside matter procedure, AO failure to exercise best-judgment power, the right to cross-examine and access relied-upon material, orders passed before the SCN deadline, opportunity for all proposed additions, the FAO–JAO controversy on section 148 jurisdiction, validity of orders without DIN, and the live debate on Circular F. No. 225\/157\/2017 compliance for section 143(2) notices (\u003cem\u003ewith Bharat Bansal v. NFAC and pending Karnataka and Kerala High Court matters\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDrafting Documents in the Practitioner's Toolkit\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eGrounds of appeal in their proper hierarchy, statement of facts (\u003cem\u003edescriptive, non-argumentative, mistake-correcting\u003c\/em\u003e), condonation of delay (\u003cem\u003eday-by-day explanation, affidavit, supporting evidence\u003c\/em\u003e), affidavit form, application for additional evidence with rule-anchoring, stay application invoking KEC International and Bhupendra Murji Shah, and factual and legal submissions for assessment and CIT(A) stages\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDoctrines, Citation Craft and Case-Law Research\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStatutory and judicial interpretation as actually deployed in income-tax submissions, with instruction on case-law research, reading and citing an order (\u003cem\u003efull reading, ratio over headnote, speed-reading, three-aspect focus on facts\/issues\/findings\u003c\/em\u003e), citation discipline (\u003cem\u003eitalicisation of verbatim text, single citation, fact-linking\u003c\/em\u003e), and avoidance of the recent judicial backlash against AI-generated phantom citations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOther Faceless and e-Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCoverage of the e-Verification Scheme 2021 (\u003cem\u003ewith portal workflow, section 133(6) response procedure and the section 139(8A) updated-return option\u003c\/em\u003e), the Faceless Inquiry or Valuation Scheme 2022, the Faceless Jurisdiction of Income-tax Authorities Scheme 2022, the e-Dispute Resolution Scheme 2022 with its eligibility filters and Form 34BC procedure, the e-Assessment of Income Escaping Assessment Scheme 2022, the e-Advance Rulings (Amendment) Scheme 2023, and e-Rectification under section 157\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlternative Remedies Outside the Faceless Track\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eE-Nivaran grievance redressal procedure, complaint emails, writ jurisdiction of the High Courts as a last resort, the Right to Information Act with category-wise information sought and FAQ-driven procedure, CPGRAMS, the section 375 (158A) repetitive-appeal protection, immunity provisions under sections 469 and 470 (273A and 273B), the Dispute Resolution Committee under section 379 (245MA), and the High-Pitched Assessment Committee under CBDT Instruction F. No. 225\/101\/2021-ITA-II dated 23 April 2022\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eContinuing Role of Jurisdictional Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe JAO's residual statutory powers, the Commissioner's supervisory jurisdiction over unattended rectifications, appeal effect not given, withheld refunds and undecided stay petitions, the PCIT's revision jurisdiction under sections 377 and 378 (263 and 264), the CIT(A)'s continuing power to allow early hearing, additional evidence, video-conference hearing and stay, and the structured escalation pathway from JAO to Addl. Commissioner\/CIT to PCIT before the writ remedy\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNatural Justice as Connective Thread\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSpeaking-order requirement, opportunity to be heard, right to cross-examine, access to relied-upon documents and video-conference rights, anchored to the sixteen-infirmity case-law digest and supported by Andaman Timber Industries, Canara Bank v. V.K. Awasthy, H.R. Mehta, Healthcare Global, Global Vectra Helicorp, Federal Bank, Arris Estates, C. Chellamuthu, CPF (India), Inox Wind Energy, Hiraben Pragjibhai Tala, Indu Goenka, Fayeza Muffadal Contractor, Antony Alphonse Kevin Alphonse, BL Gupta Construction, KBB Nuts and other recent High Court rulings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is built in two interlocking blocks of four chapters each, followed by five appendices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock I – The Faceless Regime Itself (Chapters 1 to 4)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapters 1 to 4 lay the legal and procedural foundation of the faceless mechanism—history and journey, faceless assessments, faceless appeals, and faceless penalty—and each follows a uniform internal architecture so the reader knows where to find each layer of analysis:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eJourney-so-far Panel\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Chronological timeline with a master snapshot of CBDT notifications, circulars, instructions and internal orders from 2015 onwards\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eComparative Provision Table \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— Mapping of corresponding sections under the Income-tax Act 1961 and the Income-tax Act 2025 (\u003cem\u003eand Rules, 1962 vs. 2026\u003c\/em\u003e), with explicit treatment of Finance Act 2026 amendments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eScheme FAQ Exposition\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Coverage of scope, units and functions, automated allocation, communication and authentication of electronic records, personal hearing rights, video-conference procedure, and powers to specify formats and processes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBird's-eye-view Diagrams\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Visual maps of the centres, functional units and procedural flow\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDecoded SOPs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Standard Operating Procedures of each unit reproduced question-by-question, with PCIT approval matrices, response timelines, ITBA workflows and Insight database references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePortal Walkthrough\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Step-by-step submission procedure on the e-filing portal with annotated screenshots\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePractical Concerns\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Issues arising from portal mechanics in day-to-day practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eLegal Conundrums\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Constitutional and natural-justice questions at stake in faceless proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eJurisprudence Digest\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Issue-wise summary of recent High Court and Tribunal rulings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eClosing Dénouement\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Consolidated takeaways at the end of each chapter\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eChapter 2 carries the additional original DIP-stick survey of 25 practitioners. Chapter 4 carries the dedicated treatment of the Finance Act 2026 penalty amendments and the common assessment-and-penalty order regime\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock II – Drafting, Allied Proceedings and Alternative Remedies (Chapters 5 to 8) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Chapters 5 to 8 move from system-level understanding to the craft of representation:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 5 | Drafting Curriculum\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Pre-drafting preparation and planning, the writing process (\u003cem\u003ethe 'A, B, C' framework and the Madman-Architect-Carpenter-Judge role model\u003c\/em\u003e) and finalisation, applied to grounds of appeal, statement of facts, condonation, affidavit, additional evidence, stay, and assessment- and appellate-stage submissions, closing with a structured framework for the responsible use of AI in drafting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 6 | Worked Case Scenarios\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Fifteen scenarios with brief-facts panels, complete specimen submissions backed by statute and case-law, and the author's tactical notes, preceded by a working manual on case-law research, reading and citing an order, and the doctrines that determine precedential weight\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 7 | Allied e-Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Consolidation of verification, valuation, jurisdiction, dispute resolution, escaping-assessment, advance rulings and rectification, maintaining the dual-statute comparative format and FAQ exposition used in Block I\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 8 | Alternative Remedies\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Remedies outside the faceless track in escalating order: E-Nivaran, email submissions, writ petitions, RTI applications, CPGRAMS, repetitive-appeal protection under section 375 (158A), immunity provisions, the Dispute Resolution Committee, the continuing role of jurisdictional authorities, and the High-Pitched Assessment Committee\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The five appendices reproduce the underlying source material in full so the book can be used as a self-contained reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482230775831,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FacelessAssessmentAppeals_Penalty_Law_Procedure_PracticalGuide.png?v=1788434065"},{"product_id":"fema-fdi-ready-reckoner","title":"FEMA \u0026 FDI Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFEMA \u0026amp; FDI Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive, topic-wise treatise that consolidates the entire law and practice of India's foreign exchange and foreign investment regime into a single, quick-reference volume of 55 chapters (\u003cem\u003eplus a supplementary Chapter 14A\u003c\/em\u003e), running through a Subject Index. It weaves together, subject by subject, the Foreign Exchange Management Act 1999 (FEMA) and its rules and regulations, the RBI's Master Directions and A.P. (DIR Series) circulars, the Non-Debt Instruments and Overseas Investment Rules\/Regulations, the consolidated FDI Policy, and the relevant judicial precedents—so that the reader gets the statutory provision, the regulator's operating instructions, and the case-law position on any given topic in one place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book earns its 'Ready Reckoner' name through its structure: every subject is handled in a self-contained chapter organised with granular decimal paragraph numbering, letting a professional locate a precise point and act on it without wading through the bare Act. Explanations are in plain, application-oriented language and are anchored to their source through references to the governing sections, rules, regulations, Master Directions, and circulars.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition has been fully updated to reflect the law as it stands on 28\u003csup\u003eth\u003c\/sup\u003e June 2026, including the newly notified Foreign Exchange Management (Authorised Persons) Regulations 2026, together with the latest FDI policy positions and RBI regulatory changes. Twenty-five editions of continuous revision make it one of the most established and trusted desk references in the field.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is written for anyone who has to understand, apply, or advise on cross-border transactions under Indian law, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, Cost Accountants, and Lawyers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on FEMA\/FDI compliance, structuring, reporting, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAuthorised Dealer (AD) Banks, Forex Desks, and Treasury\/Trade-Finance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ethat must operate within RBI directions day to day\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCFOs, Finance Controllers, and In-house Legal\/Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof companies engaged in exports, imports, foreign investment, or overseas expansion\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign Investors, FPIs, FVCIs, Private Equity\/Venture-Capital Funds, and MNCs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003esetting up or operating in India (\u003cem\u003eincluding through branch, liaison, or project offices\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndian Entities Making Overseas Direct Investment (ODI)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand availing external commercial borrowings or trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs and OCIs\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003edealing with bank accounts, investments, immovable property, and remittance of assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStartups Raising Foreign Capital\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand structuring cross-border ownership\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompliance and Reporting Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for RBI filings and returns\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents, Academicians, and Professional-exam Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eneeding an organised, current grasp of FEMA and FDI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 25\u003csup\u003eth\u003c\/sup\u003e Edition | July 2026, amended up to 28\u003csup\u003eth\u003c\/sup\u003e June 2026. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eConsolidated, Single-source Treatment\u003c\/strong\u003e] Each topic brings together the statute, the applicable rules and regulations, the RBI Master Directions and A.P. (DIR Series) circulars, the FDI policy, and the relevant case law—sparing the reader from cross-referencing multiple sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTrue Ready-reckoner Format\u003c\/strong\u003e] Self-contained chapters (\u003cem\u003enumbered 1–55, plus a Chapter 14A\u003c\/em\u003e) with granular decimal paragraph numbering make it fast to locate and resolve a specific FEMA\/FDI question\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFully Updated\u003c\/strong\u003e] Incorporates the Foreign Exchange Management (Authorised Persons) Regulations 2026, the current FDI policy, and the latest RBI notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHeavily Practical Apparatus\u003c\/strong\u003e] The book is rich in step-by-step procedures, reporting forms and returns, formats, annexures, and worked examples\/illustrations—with several hundred pointers to RBI Master Directions and circulars threaded through the text\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e'At A Glance' Sector Tables\u003c\/strong\u003e] Sector-wise FDI limits, entry routes, and conditions are tabulated and mapped to the schedules of the Non-Debt Instruments Rules and the paragraphs of the FDI policy for at-a-glance reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Law Integrated Topic-wise\u003c\/strong\u003e] Supreme Court, High Court, and Tribunal decisions (\u003cem\u003ewith citations\u003c\/em\u003e) are placed alongside the provisions they interpret—especially on export realisation, offences, penalties, and compounding\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Laws in One Volume\u003c\/strong\u003e] Goes beyond FEMA to cover PMLA, FCRA, and COFEPOSA, plus the IFSC regime, giving a rounded view of India's cross-border compliance landscape\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnchored to the Source\u003c\/strong\u003e] Includes section, rule, regulation, Master Direction, and circular references throughout, plus a detailed Subject Index for pin-point navigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner covers the full spectrum of FEMA and FDI, organised into the following broad areas:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFoundations and Dealings in Foreign Exchange\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of FEMA and the RBI's role as the overall controlling authority; suspension of the Act in extraordinary situations\u003c\/li\u003e\n\u003cli\u003eAuthorised Persons (\u003cem\u003eupdated for the 2026 Regulations\u003c\/em\u003e), money-changing activities, and the Money Transfer Service Scheme (MTSS)\u003c\/li\u003e\n\u003cli\u003eReceipt, payment, realisation, repatriation, and surrender of foreign exchange; the Asian Clearing Union (ACU) mechanism\u003c\/li\u003e\n\u003cli\u003ePossession\/retention and export\/import of currency; foreign exchange rates and inter-bank dealings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBank Accounts in Foreign Exchange\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAccounts in India held by persons resident outside India (\u003cem\u003eNRO\/NRE\/FCNR-type accounts\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eForeign-currency accounts of Indian residents\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCurrent Account Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRemittances on current account (\u003cem\u003epermissible\/restricted transactions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eLiberalised Remittance Scheme (LRS)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExport and Import of Goods and Services\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport of goods and services; import of goods and services; realisation and repatriation of export proceeds\u003c\/li\u003e\n\u003cli\u003eProject exports and service exports\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCapital Account Transactions and Foreign Investment in India\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of capital account transactions\u003c\/li\u003e\n\u003cli\u003eFDI in Indian companies, LLPs, startups, and through GDRs\/ADRs\u003c\/li\u003e\n\u003cli\u003eSector-wise FDI policy 'at a glance'; downstream (\u003cem\u003eindirect\u003c\/em\u003e) investment\u003c\/li\u003e\n\u003cli\u003eFDI through rights, bonus, sweat equity, and merger\/amalgamation; transfer of securities; entry routes and pricing\u003c\/li\u003e\n\u003cli\u003eForeign Portfolio Investors (FPIs), investment vehicles, and FVCIs\u003c\/li\u003e\n\u003cli\u003eInvestment by NRIs\/OCIs and by foreign central banks and funds\u003c\/li\u003e\n\u003cli\u003eRelated reporting and returns—e.g., issue of capital instruments (\u003cem\u003eForm FC-GPR\u003c\/em\u003e), transfer of capital instruments (\u003cem\u003eForm FC-TRS\u003c\/em\u003e), and the Annual Return on Foreign Liabilities and Assets (\u003cem\u003eFLA\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment, Borrowing, and Lending\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverseas (direct) investment by Indian entities and related guarantees; insurance\u003c\/li\u003e\n\u003cli\u003eBorrowing and lending in foreign exchange and in Indian rupees (\u003cem\u003eincluding with NRIs\/PIOs\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eForeign investment in debt instruments\u003c\/li\u003e\n\u003cli\u003eExternal Commercial Borrowings (ECB) and trade credit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProperty, Remittances, and Establishments\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcquisition and transfer of immovable property in India and outside India\u003c\/li\u003e\n\u003cli\u003eRemittance of assets\u003c\/li\u003e\n\u003cli\u003eBranch office\/liaison office\/project office in India by foreign entities\u003c\/li\u003e\n\u003cli\u003eIndian Depository Receipts (IDRs); risk management and inter-bank dealings; Vostro accounts for international trade\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eEnforcement and Allied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIndustrial policy of the Government of India\u003c\/li\u003e\n\u003cli\u003eEnforcement of FEMA—adjudication, penalties, appeals (\u003cem\u003eto the Appellate Tribunal\u003c\/em\u003e), and compounding of contraventions, illustrated with case law\u003c\/li\u003e\n\u003cli\u003ePrevention of Money Laundering Act (PMLA)\u003c\/li\u003e\n\u003cli\u003eForeign Contribution (Regulation) Act (FCRA)\u003c\/li\u003e\n\u003cli\u003eCOFEPOSA 1974\u003c\/li\u003e\n\u003cli\u003eInternational Financial Services Centre (IFSC)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book runs to 55 chapters (\u003cem\u003eplus a supplementary Chapter 14A\u003c\/em\u003e) followed by a Subject Index, moving logically from the general to the specific, and each chapter is built to stand alone:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFoundational Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Introduce FEMA, the RBI's controlling role, and the machinery of Authorised Persons and forex dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransaction-based Chapters\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e— Work through current account transactions (\u003cem\u003eremittances, LRS\u003c\/em\u003e) and the export\/import of goods and services, including realisation and repatriation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign-investment Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The core FDI block (\u003cem\u003eroutes, sector caps, downstream investment, transfers, pricing, FPIs, FVCIs, and investment vehicles\u003c\/em\u003e), followed by outbound topics such as overseas investment, ECB, and trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProperty, Establishment, and Market-infrastructure Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Address immovable property, remittance of assets, branch\/LO\/project offices, IDRs, and inter-bank dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eEnforcement and Allied-law Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Close the book with penalties, appeals, compounding, and the connected regimes of PMLA, FCRA, COFEPOSA, and IFSC\u003c\/li\u003e\n\u003cli\u003eWithin each chapter, granular, decimal-numbered paragraphs blend the statutory text with the RBI's operating instructions, procedures, forms\/formats, and interpretive case law, while the Subject Index provides an additional route to pinpoint specific provisions\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482237132823,"sku":null,"price":1256.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FEMA_FDIReadyReckoner.png?v=1788434694"},{"product_id":"fema-practice-manual","title":"FEMA Practice Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFEMA Practice Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive, structured, and deeply practice-oriented guide to India's cross-border regulatory framework under the Foreign Exchange Management Act 1999 (FEMA). Every remittance abroad, every foreign investment into India, every overseas borrowing, and every acquisition of property outside the country creates a legal interface between domestic monetary sovereignty and the global financial system—and it is precisely this interface that the book sets out to map, explain, and make usable.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets the manual apart is its integration of FEMA's statutory provisions with the layered universe of RBI rules, regulations, master directions, and circulars, and its connection of all of this to practical business transactions—explaining not only what the law requires but also why the regulator framed it that way and how it plays out in practice. Complex provisions are consistently analysed through diagnostic tables, worked examples, checklists, comparative charts, FAQs, and references to actual compounding orders, so the book works equally well as a conceptual text and as a transaction-side compliance companion.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition captures an unusually dense wave of recent reform—including the new Foreign Exchange Management (Guarantees) Regulations 2026, the Borrowing and Lending (First Amendment) Regulations 2026, the Non-Debt Instruments (Third Amendment) Rules 2026, the Authorised Persons Regulations 2026, revised Export and Import of Goods and Services Regulations 2026, the March-2026 liberalisation of FDI from land-bordering countries, and the latest position on the Overseas Investment (OI) regime.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe manual is written to serve decision-makers, advisors, gatekeepers, and learners with equal authority:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Leaders, CFOs, and Boards\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003estructuring inbound and outbound investments, who need clarity on regulatory intent, cross-border structuring options, beneficial-ownership tests, and sectoral liberalisation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal and Compliance Professionals—Chartered Accountants, Company Secretaries, Cost Accountants, and Lawyers\u003c\/em\u003e\u003c\/strong\u003e—who certify, advise on, and manage FEMA compliance and who value the book's provision-by-provision rigour and its worked precedents\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBankers and Authorised Dealer (AD) Banks and Financial Institutions\u003c\/em\u003e\u003c\/strong\u003e, for whom this is an essential desk reference on permissible transactions, their own duties and liabilities, and reporting obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInvestors and Fund Managers—Private Equity, Venture Capital, Foreign Portfolio Investors (FPIs), Foreign Venture Capital Investors (FVCIs), and AIFs\u003c\/em\u003e\u003c\/strong\u003e—navigating entry routes, pricing, control tests, and exit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs, OCIs, Foreign Nationals, and Foreign Companies\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edealing with investments, bank accounts, immovable property, and repatriation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents and Academicians\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking a rigorous yet readable text that pairs statutory understanding with genuine practical insight\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003csup\u003eth\u003c\/sup\u003e Edition, amended upto 15\u003csup\u003eth\u003c\/sup\u003e July 2026. This book is authored by CA. Sudha G. Bhushan, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIntegrated, Single-source Coverage\u003c\/strong\u003e] FEMA law, RBI rules, regulations, master directions, and practical implementation, all in one place\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThe Rationale, Not Just the Rule\u003c\/strong\u003e] Surfaces regulatory intent, policy logic, and emerging trends, so readers can reason through novel situations rather than merely look up provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTransaction-linked Approach\u003c\/strong\u003e] Maps FEMA provisions onto real business transactions and structuring decisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBalance-sheet Diagnostic\u003c\/strong\u003e] Rach item of a Schedule III balance sheet is classified by its character under FEMA and tied to the exact governing regulation, giving practitioners a fast, systematic way to spot every FEMA touch-point in an entity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComparative Tables for Hard Distinctions\u003c\/strong\u003e] FERA vs. FEMA; LO\/BO\/PO business forms; ODI vs. OPI (\u003cem\u003ewith a full listed\/unlisted × control × threshold categorisation matrix\u003c\/em\u003e); Press Note 3 (2020) vs. the 2026 amendment; and the 2000 vs. 2026 guarantee regimes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Illustrations and Examples\u003c\/strong\u003e] Concrete fact patterns (\u003cem\u003ee.g., which non-resident individuals may now invest in listed Indian equity, or how financial commitment is computed\u003c\/em\u003e) that translate provisions into practice\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFAQs, Checklists, and Standard Operating Procedures\u003c\/strong\u003e] Including an SOP for processing FDI proposals and FAQ sets on immovable property, the FLA return, SRVA\/INR settlement, compounding, and the LRS.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eReal Enforcement Colour\u003c\/strong\u003e] references to actual compounding orders, 'popular cases of FEMA non-compliance,' and computation guidance, so readers understand how contraventions are viewed and priced.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCompliance Checkpoints and Reporting\u003c\/strong\u003e] Flagged throughout, with the relevant forms and filings (\u003cem\u003eFLA\/FLAIR, EBRC, IPI, Forms of Appeal, OI reporting\u003c\/em\u003e) explained\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExtensive Annexures\u003c\/strong\u003e] reproducing key regulations, master directions, notifications, forms, SOPs, and press releases for ready reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructuring and Policy Insights\u003c\/strong\u003e] beneficial ownership, cross-border structuring, control and significant-influence tests, and sectoral liberalisation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe manual is organised into eight thematic divisions spanning 57 chapters that together cover the full arc of foreign-exchange practice:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFundamentals\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe FERA-to-FEMA journey, a section-wise analysis of the Act; current vs capital account transactions; residential status; the regulators (\u003cem\u003eRBI and Central Government\u003c\/em\u003e); currency and exchange (\u003cem\u003eincluding rupee internationalisation and INR trade settlement\u003c\/em\u003e); bank accounts; cash; and a balance-sheet framework for evaluating transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eForeign Investment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe heart of the book: governing regulations, FDI, entry routes and procedure, consideration and pricing, modes of investment, downstream investment, FPIs, investment in debt instruments, FDI in LLPs, FVCIs, liaison\/branch\/project offices, NRIs, REITs and InvITs, FDI in start-ups, and cross-border mergers and acquisitions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCross-border Assets\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcquisition and transfer of immovable property in India, and acquisition of immovable property outside India, including disclosure of foreign assets in the ITR and the treatment of undisclosed foreign holdings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBorrowings\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTrade finance, borrowing and lending\/External Commercial Borrowings (ECB), acceptance of deposits, pledge of shares and creation of charge, the new Guarantees Regulations, 2026, and loans to foreign entities\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIFSC\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvestment in and out of International Financial Services Centres, the IFSCA, and the associated regulatory framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTrade Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport obligations, realisation and repatriation of proceeds, non-realisation and write-offs, types of exports, imports, and merchanting trade\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eContravention and Offence\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContravention under FEMA, compounding, Late Submission Fees (LSF), penalty, appeal and adjudication, and the role of the Enforcement Directorate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe OI regime end-to-end: definitions, framework, ODI\/OPI classification, investment by resident individuals under the LRS, investment by trusts\/societies\/AD banks, the role and responsibility of AD banks, exit and restructuring, OI by AIFs and VCFs, cross-border transactions in virtual currencies, and reporting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eTo show the grain of the book, here are a few of its signature treatments:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eA Balance-sheet Way of 'Seeing' FEMA\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIn the Fundamentals division, the author lays out a practical diagnostic: take a company's Schedule III balance sheet, and for each line—equity and preference capital, share premium, ESOP reserves, warrants, long-term borrowings, FCCBs\/FCEBs, trade credit, import payables, export advances, overseas tangible assets, ODI\/OPI holdings, downstream investments, loans to foreign entities—identify its character under FEMA and the precise governing regulation (\u003cem\u003eNDI Rules 2019, Borrowing \u0026amp; Lending Regulations as amended in 2026, Overseas Investment Rules\/Regulations\/Directions 2022, and so on\u003c\/em\u003e). It is a genuinely useful mental model for making sure no FEMA touch-point is missed\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe FERA-to-FEMA Shift, Made Concrete\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRather than assert that FEMA 'civilised' exchange control, the book demonstrates it, with side-by-side tables comparing the two statutes on regulatory bodies, jurisdiction, presumption of mens rea, number of sections, quantum of penalty, appeal architecture, and even the express right (\u003cem\u003eunder section 32\u003c\/em\u003e) to be assisted by a legal practitioner or Chartered Accountant\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFDI, at the Frontier of 2026 Policy\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Foreign Direct Investment chapter carries the latest liberalisation in full: the Non-Debt Instruments (Third Amendment) Rules 2026 that open listed-equity investment on a repatriation basis to any individual resident outside India—illustrated with fact patterns (\u003cem\u003ea Tokyo resident, a Berlin entrepreneur, a Singapore resident\u003c\/em\u003e)—alongside the prohibited-sector list, the nationality-based carve-outs (\u003cem\u003ethe Government-route requirement for investors from Bangladesh and Pakistan, and the repatriation-basis route for Nepal and Bhutan\u003c\/em\u003e), and a detailed treatment of the March-2026 recalibration of Press Note 3 for land-bordering countries, complete with a PN3-2020-vs-2026 comparison\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Brand-new Guarantees Regulations 2026, Decoded\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe book treats this new instrument as a case study in modern, principle-based drafting: it explains the five-pillar 'regulatory logic' (\u003cem\u003ea shift from who issues to what risk is created; alignment with capital-account philosophy; the 'invocation test'; harmonisation with the ECB\/ODI\/NDI frameworks; and delegation with accountability\u003c\/em\u003e), reproduces the statutory definitions (\u003cem\u003esurety, principal debtor, creditor, counter-guarantee, IFSC\u003c\/em\u003e) with explanatory notes, and works through the exemptions and the conditions on acting as surety or principal debtor\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment, with the ODI\/OPI Line Drawn Clearly\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe OI division supplies the classification matrix practitioners actually need—listed vs. unlisted entity, above or below the 10% threshold, with or without control—plus the ESOP\/sweat-equity carve-out, the LRS (\u003cem\u003eUSD 2,50,000\u003c\/em\u003e) linkage for resident individuals, and a candid note on how AD banks now scrutinise 'control' and 'significant influence'\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eContravention, Compounding, and the Digital RBI\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe enforcement division goes past black-letter law to the mechanics: computation of the compounding amount under the 2024 Rules, popular non-compliance fact patterns, late-submission-fee logic, and the shift to online filing through the RBI's PRAVAAH portal\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a deliberate, layered architecture:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProgressive by Design\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Its eight divisions and 57 chapters are sequenced to build understanding step by step rather than dropping the reader into the detail.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Logical Reading Sequence\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Beginning with first principles (\u003cem\u003eresidential status, current vs. capital account transactions, the regulators\u003c\/em\u003e), moving through the major transaction families (\u003cem\u003eforeign investment, cross-border assets, borrowings, IFSC, trade\u003c\/em\u003e), then the consequences of getting it wrong (\u003cem\u003econtravention, compounding, penalties, and the Enforcement Directorate\u003c\/em\u003e), and finally the outbound story (\u003cem\u003eoverseas investment\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Consistent Chapter Rhythm\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Within each chapter, the treatment typically moves from concept → statutory provision → underlying rationale → practical application → compliance and reporting, so a reader can both learn the subject and act on it\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrimary Source Material at Hand\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Many chapters are reinforced by annexures that reproduce the governing regulations, master directions, notifications, SOPs, forms, FAQs, and, where relevant, summaries of compounding orders\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Dual-use Design\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— This 'commentary-then-source-material' pattern lets the manual work simultaneously as a reading text for those building expertise and a quick-reference desk manual for practitioners who need the exact rule, form, or precedent at a moment's notice\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482246832151,"sku":null,"price":2306.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FEMAPracticeManual.png?v=1788435562"},{"product_id":"gold-taxation","title":"Gold \u0026 Taxation","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGold \u0026amp; Taxation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the first and only dedicated treatise in India on the taxation of gold and silver across all forms of ownership, investment, and trade. Now in its Fifth Edition, the book has been comprehensively revised to incorporate the Income-tax Act 2025 (ITA 2025), the Union Budget 2026, and the latest GST framework applicable to the gold and silver sector.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book's scope is comprehensive. It covers gold in all its forms—jewellery, ornaments, coins, biscuits, bars, utensils, Gold ETFs, Sovereign Gold Bonds, Gold Mutual Funds, Electronic Gold Receipts, gold futures and options, and gold held in bank lockers. Silver is treated as a co-equal subject, with its own dedicated chapter covering jewellery, coins, bars, silverware, and Silver ETFs. GST is addressed at the retail and trader levels, and through the full apparatus of HSN codes, rates, input tax credit, and compliance forms.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe writing style is a deliberate departure from the impenetrable prose typical of legal reference books. The author deploys anecdote, wit, rhetorical questions, and worked examples alongside hard statutory text, making the book genuinely engaging. The preface itself opens with a conversation between Chitragupta and a wealthy soul who failed to pay income tax on his gold—immediately signalling the register in which the book operates.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book serves a wide but defined audience, each segment finding something directly actionable:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndividual Taxpayers and Families\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who own gold and want to understand what they can legally hold, how to document it, what happens during an income-tax raid, and how to plan capital gains efficiently\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWomen and Families Navigating Stridhan Claims\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—the book provides a definitive and deeply cited treatment of stridhan under Hindu law and income-tax law, supported by High Court and Tribunal rulings, making it essential reading for anyone whose jewellery might face scrutiny\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eJewellers, Bullion Traders, Karigar Operators, and Goldsmith Businesses\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who need authoritative guidance on books of account, FIFO compliance, GST registration, Input Tax Credit mechanics, reverse charge, job worker provisions, making charges, and the consequences of LIFO adoption\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Tax Advocates, and Consultants \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003erepresenting clients in search and seizure matters, unexplained investment additions, valuation disputes, undisclosed gold cases, and trader compliance audits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInvestors in Gold ETFs, Sovereign Gold Bonds, Gold Mutual Funds, Silver ETFs, Gold Futures and Options, and Electronic Gold Receipts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—all of whom need precise and current tax treatment for each instrument\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNRIs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who wish to invest in gold in India and need to navigate the TDS\/TCS regime, DTAA benefits, repatriation rules, and NRE vs NRO account choices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking clarity on how the new Income-tax Act 2025 treats gold provisions relative to the Income-tax Act 1961\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition, authored by Meenakshi Subramaniam, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFirst Book of its Kind\u003c\/strong\u003e] The only dedicated treatise in India on gold taxation—consolidating income-tax law, GST, valuation, case law, and investment taxation into a single volume\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUpdated for ITA 2025\u003c\/strong\u003e] Every provision cited under the new Act with ITA 1961 cross-references in brackets—e.g., Section 247 of ITA 2025 [\u003cem\u003eCorresponding to Section 132 of ITA 1961\u003c\/em\u003e]\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBudget 2026 Incorporated\u003c\/strong\u003e] Reflects all Union Budget 2026 amendments, including status quo on CBDT Instruction No. 1916 gold holding thresholds\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCapital Gains Overhaul\u003c\/strong\u003e] Removal of indexation, 12.5% LTCG rate, and slab-rate STCG—fully analysed with worked illustrations and planning strategies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Case Law\u003c\/strong\u003e] Rulings from the Supreme Court, seventeen High Courts, and ITAT—spanning decades, with outcomes clearly stated for direct practitioner use\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFAQ Architecture\u003c\/strong\u003e] Every chapter ends with a structured, theme-categorised FAQ section addressing the questions practitioners and taxpayers actually ask\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eWorked Numerical Scenarios\u003c\/strong\u003e] Multiple labelled scenarios per chapter—tracing transactions from facts through computation to final tax payable\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComparative Tables\u003c\/strong\u003e] Side-by-side comparisons across instruments, schemes, and tax treatments—including GDS 1999 vs GMS 2015, Gold ETFs vs Sovereign Gold Bonds, and CBDT seizure limit calculations by family composition\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual Tax Coverage\u003c\/strong\u003e] Income tax and GST both addressed—including HSN codes, making charges, ITC, karigar services, job worker provisions, composition scheme, and anti-profiteering\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSilver as Primary Subject\u003c\/strong\u003e] Dedicated coverage of silver jewellery, coins, bars, silverware, and Silver ETFs across income tax and GST\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eITA 2025 Digital Search\u003c\/strong\u003e] Among the first publications to analyse the new statutory authority to override encryption, access cloud data, and intercept WhatsApp communications in gold-related searches\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePMLA Intersection\u003c\/strong\u003e] Covers the 2020 notification bringing jewellers under PMLA, KYC thresholds for cash gold transactions, and rulings where PMLA proceedings overrode income-tax search actions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHow Much Gold Can You Hold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDismantles the misconception that CBDT Instruction No. 1916 caps ownership—it governs seizure only. Covers family-wise limits (\u003cem\u003e500\/250\/100 gm\u003c\/em\u003e), the seizure-vs-assessment legal split across High Courts, and the ₹1.2 crore protection available to a four-member family within prescribed thresholds\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSearch, Seizure \u0026amp; Income-Tax\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFull analysis of Section 247, ITA 2025—powers of entry, seizure, and electronic access—with case law on stock-in-trade seizures, survey-to-search conversions, PMLA override, and appreciation in value additions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDigital Search\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNew ITA 2025 provisions authorising override of encryption, cloud access, and WhatsApp interception; Section 249 non-disclosure of reasons; two digital evidence case studies\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold Monetisation Scheme\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStep-by-step deposit process, twin tax exemptions (\u003cem\u003einterest \u0026amp; capital gains\u003c\/em\u003e), revamped 2021 structure, and a seven-parameter comparison table against the 1999 Gold Deposit Scheme\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSovereign Gold Bonds\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTax profile post-Budget 2024—maturity exemption, secondary market LTCG liability, interest taxability, no TDS, and after-tax comparison with Gold ETFs\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUndisclosed \u0026amp; Unexplained Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAll six unexplained income heads (\u003cem\u003eSections 102–106, 195 of ITA 2025\u003c\/em\u003e), revised tax rates, penalty changes, demonetisation case law, and the ₹2 lakh cash transaction limit under Section 186\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold ETFs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eRevised tax rules from 1\u003csup\u003est\u003c\/sup\u003e April 2025—STCG at slab rate (\u003cem\u003eunder 12 months\u003c\/em\u003e), LTCG at 12.5% (\u003cem\u003eover 12 months\u003c\/em\u003e); tax-saving illustration for 13-month vs. 11-month holding\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold Coins\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOutside CBDT Instruction No. 1916—can be seized regardless of weight; gift taxation, capital gains treatment, and classification case law\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCapital Gains Tax\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePost-Finance Act 2024 framework—12.5% LTCG (\u003cem\u003eover 24 months\u003c\/em\u003e), slab-rate STCG, indexation removal impact, deductible expenses, Sections 85\/86 exemptions, EGR conversion neutrality, and five worked scenarios including full Section 54F elimination of tax\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eValuation of Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSection 91, ITA 2025—Registered Valuer vs. Valuation Officer; midnight\/duress valuation challenges; stone exclusion from weight; twelve practical tips\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTraders \u0026amp; Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFIFO as the only permissible inventory method; consequences of LIFO adoption; books of account standards; TDS inapplicability on melting loss; case law on goldsmith vs. merchant distinction\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInheriting Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCourts' consistent acceptance of inherited jewellery as explained; documentation guidance—wills, wealth-tax returns, affidavits, remaking bills\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold \u0026amp; Silver Utensils\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCapital asset vs. personal effect distinction; case law on daily-use exemption; tips on quantity, weight, and variety\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eStridhan\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDefinitive treatment—Supreme Court foundation, five landmark income-tax cases, pin money protection, documentation, and constitutional bar on withholding stridhan as tax-recovery leverage\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold \u0026amp; GST\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConsumer-level GST—3% on jewellery, 5% on making charges, exchange\/repair\/karigar\/gift treatment, reverse charge on customer gold sales\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGST \u0026amp; Gold Traders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTrader compliance—supply definition, ITC, reverse charge, job worker provisions, hallmarking, instalment schemes, anti-profiteering, transitional provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSilver\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFull silver coverage—jewellery (\u003cem\u003eGST 3%\/12%\u003c\/em\u003e), coins, bars, silverware, Silver ETFs; 2-month holding difference halves tax from 30% to 12.5%\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold Mutual Funds\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eReclassified as debt funds from 1\u003csup\u003est\u003c\/sup\u003e April 2025; three-layer transitional tax treatment; SIP FIFO taxation illustrated; 2-day delay saves ₹26,250 on a ₹1.5 lakh gain\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eJewellery in Bank Lockers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSearch warrant mechanics, separate warrant per locker, owner's presence not required; Delhi HC 2024 upholding surprise raid on private vaults\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold Futures \u0026amp; Options\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBusiness income classification, ITR-3, Section 44AB audit trigger, loss set-off, allowable expenses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGold Biscuits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCapital asset treatment, outside CBDT instruction protection, LTCG\/STCG computation, seizure case law\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNRIs \u0026amp; Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInvestment avenues, SGB restrictions, repatriation rules, DTAA documentation, TDS at 30%\/20% vs. actual liability, CGAS deferral\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTDS \u0026amp; TCS on Gold\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTDS on purchases (\u003cem\u003e0.1% above ₹50L\u003c\/em\u003e), cash purchases (\u003cem\u003e1% above ₹2L\u003c\/em\u003e), TCS on jewellery\/bullion sales, making charges, dealer gold coin commissions (194R), appraisal fees, and melting wastage exclusion from TDS\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 1\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Historical gold and silver rate tables for cost of acquisition computations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 2\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — CBDT Cost Inflation Index from FY 2001-02 for legacy transaction planning\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendices 3–7\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Full GST tariff (Chapter 71)—HSN codes, CGST\/SGST\/IGST rates for gold, silver, platinum, diamonds, and precious stones; GST forms for gold traders and karigar operators\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 8\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Consolidated table of income-tax forms relevant to gold\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 9 \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— Comparison matrix of gold investment vehicles—holding periods, tax rates, indexation, TDS\/TCS, CBDT instruction applicability\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppendix 10\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Relevant income-tax and GST forms in a single reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnecdote-Led Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Every chapter opens with a story or scenario to frame the issue accessibly—without compromising technical precision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePrimary Text Reproduced\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — CBDT Instruction No. 1916, Section 247 of ITA 2025, key Board circulars, and Finance Ministry clarifications reproduced in full—eliminating the need to consult separate volumes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDual-Citation Format\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Every provision cited under ITA 2025 with the corresponding ITA 1961 section in brackets—a navigation aid for practitioners transitioning between the two Acts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Law with Outcomes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each case summarises facts, taxpayer's argument, Revenue's argument, and outcome—enabling direct practitioner use without reading full tribunal orders\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTips Sections\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Dedicated, numbered, plain-language tips distilled from case law and statute—Chapter 10 (\u003cem\u003eValuation\u003c\/em\u003e) carries twelve tips; Chapter 13 (\u003cem\u003eUtensils\u003c\/em\u003e) carries four\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScenarios with Solutions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Worked examples across capital gains, SIP timing, NRI planning, GMS returns, and ETF holding decisions—with transparent arithmetic under clear Scenario\/Solution headings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482252730391,"sku":null,"price":486.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Gold_Taxation.png?v=1788436370"},{"product_id":"gst-acts-with-rules-forms-notifications","title":"GST Acts with Rules | Forms \u0026 Notifications","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Acts with Rules\/Forms \u0026amp; Notifications\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship single-volume, section-wise compendium of the complete statutory framework governing Goods and Services Tax in India. The publication consolidates the full annotated text of all four parent GST enactments—the Central Goods and Services Tax Act 2017, the Integrated Goods and Services Tax Act 2017, the Union Territory Goods and Services Tax Act 2017, and the Goods and Services Tax (Compensation to States) Act 2017—together with every rule, form, and notification required to interpret, administer, and comply with the law as it stands on the date of publication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated in this Edition is as amended by the Finance Act, 2026 and incorporates the comprehensive 'Gen 2' rate restructuring effective from 22\u003csup\u003end\u003c\/sup\u003e September 2025 (\u003cem\u003eNil\/5%\/18%\/40% with special rates of 0.25% and 1.5%\u003c\/em\u003e), the abolition of the GST Compensation Cess with effect from 1\u003csup\u003est\u003c\/sup\u003e February 2026, and the parallel imposition of duties on tobacco and pan masala under the Central Excise (Amendment) Act 2025 and the Health Security se National Security Cess Act 2025. The volume is designed as a self-contained working reference: every section is annotated with pointers to the corresponding rule, form, notification, date of enforcement, and allied statutory provision, eliminating the need to consult multiple publications while drafting opinions, preparing returns, representing clients in adjudication or appeals, or advising on structural transactions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is directed at practitioners and users who require the complete, unabridged statutory text—not a commentary or digest—in a single authoritative reference. The primary readership includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, and Cost and Management Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling GST compliance, litigation, and advisory engagements\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Tax Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Advance Ruling Authorities, Appellate Authorities, the GST Appellate Tribunal, High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax and Indirect Tax Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eof corporates, MNCs, PSUs, and banks responsible for returns, audits, input tax credit management, and representation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Central Board of Indirect Taxes and Customs (CBIC) and State GST Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eat adjudicating, appellate, and policy levels\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epreparing for CA (Final and Inter), CS, CMA, LLB, LLM, and professional certification examinations where the bare Act is prescribed reading\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eResearchers, Judicial Officers, and Members of Tribunals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring a precise and current statutory source\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 19\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, as amended by the Finance Act 2026, incorporating the CGST (Fifth Amendment) Rules 2025 and all notifications issued to date. This book is edited by Taxmann’s Editorial Board and features the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Section-wise Architecture\u003c\/strong\u003e] Each section of the CGST, IGST, and UTGST Acts is followed by a consolidated annotation block identifying the relevant rule, prescribed form, notification, date of enforcement, and any allied law or corresponding provision\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Statutory Coverage\u003c\/strong\u003e] All four parent Acts, all rules made thereunder, all forms prescribed under the rules, and all subsisting notifications (\u003cem\u003eincluding rate notifications\u003c\/em\u003e) are consolidated in a single volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments\u003c\/strong\u003e] Fully incorporated, including the proposed amendments to sections 15(3)(b), 34(1), 54(3), 54(14), and 101A of the CGST Act and section 13(2) of the IGST Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGen 2 Rate Restructuring\u003c\/strong\u003e] Coverage of the rationalised rate structure effective from 22\u003csup\u003end\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eSeptember 2025 (N\u003cem\u003eil\/5%\/18%\/40% with special rates of 0.25% and 1.5%\u003c\/em\u003e) and the abolition of the GST Compensation Cess with effect from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSpecial Regime for Tobacco Products\u003c\/strong\u003e] Dedicated treatment of pan masala, cigarettes, and specified tobacco products, covering retail-sale-price-based valuation under rule 31D, capacity-based levy under the Health Security se National Security Cess Act, 2025, enhanced NCCD rates, and restrictions on export on payment of IGST\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSettlement of Funds Rules 2026\u003c\/strong\u003e] Inclusion of the newly notified Goods and Services Tax Settlement of Funds Rules 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCGST (Fifth Amendment) Rules 2025\u003c\/strong\u003e] Incorporation of the latest rule-level amendments and all consequential changes to forms and procedural provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Forms with Action Points\u003c\/strong\u003e] Forms indexed with 'Action Points' indicating the substantive compliance triggered by each prescribed form\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Appellate Tribunal Framework\u003c\/strong\u003e] Full text of the GSTAT (Procedure) Rules 2025 and the GSTAT (Appointment and Conditions of Service) Rules 2023, together with the Tribunals Reforms Act 2021 and the Tribunal (Conditions of Service) Rules 2021\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSubject-wise Index\u003c\/strong\u003e] Appended at the close of each Division to enable rapid section-level look-up by concept where the precise section number is not known\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix of Allied Statutory Provisions\u003c\/strong\u003e] Text of allied laws (\u003cem\u003eCustoms Act 1962; Central Excise Act 1944; Income-tax Act 1961; and others\u003c\/em\u003e) cross-referred to in the CGST Act, reproduced in full\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eValidation Provisions and Removal of Difficulties Order\u003c\/strong\u003e] Validation Provisions of each Act and the Central Goods and Services Tax (Removal of Difficulties) Order 2020 reproduced for completeness of the historical record\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGuide to GST\u003c\/strong\u003e] Curated opening section summarising the legislative scheme, the rate structure, and the year-on-year amendments, enabling a rapid orientation before entering the statutory text\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is organised into six divisions, each self-contained and independently navigable:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Central Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of every section of the CGST Act 2017\u003c\/li\u003e\n\u003cli\u003eCentral Goods and Services Tax (Removal of Difficulties) Order 2020\u003c\/li\u003e\n\u003cli\u003eAppendix reproducing the text of allied provisions referred to in the CGST Act\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Integrated Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of the IGST Act 2017 (\u003cem\u003eincluding the amendment to section 13(2) governing place of supply in Intermediary services w.e.f. 1 April 2026\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Union Territory Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of the UTGST Act 2017\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Four — Goods and Services Tax (Compensation to States) Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eText of the Compensation to States Act 2017 (\u003cem\u003ehistorical reference following abolition of the cess w.e.f. 1 February 2026\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Five — Relevant Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCGST Notifications\u003c\/li\u003e\n\u003cli\u003eIGST Notifications\u003c\/li\u003e\n\u003cli\u003eCGST (Rate) Notifications reflecting the Gen 2 rate structure (\u003cem\u003eNil\/5%\/18%\/40%\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eIGST (Rate) Notifications\u003c\/li\u003e\n\u003cli\u003eCentral Excise (N.T.) Notifications relevant to the post-1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026 tobacco regime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Six — GST Rules and Forms\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCentral Goods and Services Tax Rules 2017 (\u003cem\u003eas amended by the CGST (Fifth Amendment) Rules 2025\u003c\/em\u003e), together with all prescribed forms\u003c\/li\u003e\n\u003cli\u003eIntegrated Goods and Services Tax Rules 2017\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Compensation Cess Rules 2017\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax (Period of Levy and Collection of Cess) Rules 2022\u003c\/li\u003e\n\u003cli\u003eUnion Territory GST Rules 2017 for Andaman \u0026amp; Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman and Diu, and Lakshadweep\u003c\/li\u003e\n\u003cli\u003eUnion Territory Goods and Services Tax (Ladakh) Rules 2024\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules 2023\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Procedure) Rules 2025\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Recruitment, Salary and other Terms and Conditions of Service of Group ‘C’ Employees) Rules 2024\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Settlement of Funds Rules 2026\u003c\/li\u003e\n\u003cli\u003eNational Anti-Profiteering Authority: Procedure and Methodology\u003c\/li\u003e\n\u003cli\u003eTribunals Reforms Act 2021 and Tribunal (Conditions of Service) Rules 2021\u003c\/li\u003e\n\u003cli\u003eList of Relevant Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe organising principle of the volume is the section-level annotation framework. Under each section of the CGST, IGST, and UTGST Acts, the reader is provided with a concise annotation block identifying, in sequence:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRelevant Rule\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The CGST\/IGST\/UTGST Rule giving effect to the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrescribed Form\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The specific form prescribed under the rules for any compliance, application, registration, return, refund, or appeal triggered by the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRelevant Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Including rate notifications and exemption notifications issued under the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDate of Enforcement\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Distinguishing parent provisions, substitutions, insertions, and proviso-level amendments\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAllied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Allied statutory provisions referred to in or relevant to the operation of the section (\u003cem\u003eCustoms Act 1962; Central Excise Act 1944; Income-tax Act 1961; Companies Act 2013; etc.\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eThis design converts what is ordinarily a multi-step look-up exercise—section → rule → form → notification → effective date—into a single point of reference, allowing the user to assess the complete operative position on any statutory question without navigating across disconnected sources\u003c\/li\u003e\n\u003cli\u003eThe arrangement of sections at the start of each Division functions as a structural contents page, while the Subject Index at the close of each Division permits concept-level look-up where the precise section number is not known\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482279993367,"sku":null,"price":1396.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTActswithRules-Forms_Notifications.png?v=1788437286"},{"product_id":"gst-e-way-bill","title":"GST E-Way Bill","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST E-Way Bill\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a focused, end-to-end commentary, together with the four allied subjects that always accompany it in practice—tax invoice, delivery challan, bill of supply, and the GST treatment of goods transport services. This book sits at the intersection of indirect-tax law and field-level transport compliance. It begins from the statutory source and progressively works outward to portal mechanics on ewaybillgst.gov.in and the second portal ewaybill2.gst.gov.in, GSTN advisories, NIC instructions, CBI\u0026amp;C circulars, and the rich body of case law that has accumulated from the Supreme Court, the High Courts and the Appellate Authorities in the eight years since the regime took effect on 1-4-2018. The result is a single reference that answers, in sequence, the four questions a practitioner actually asks: when must I generate an e-way bill, how do I generate and keep it valid, what document set must accompany the goods, and what happens—legally and procedurally—when an officer stops the truck.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is written for the readers who deal with the operational side of GST on the movement of goods, namely:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals — Chartered Accountants, Cost Accountants, Company Secretaries and GST Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on transport, logistics, supply-chain and e-commerce compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Counsel\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003ehandling detention, seizure, confiscation, MOV-series proceedings and writ matters before High Courts under sections 129 and 130\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Indirect Tax, Finance, Dispatch and Logistics Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof manufacturers, traders, FMCG companies, e-commerce operators, courier agencies and goods transport agencies\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransporters, Freight Forwarders, Multimodal Operators, Registered Leaseholders of Railway Parcel Space, and Warehouse and Godown Operators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for in-transit documentation and Part-B updation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Central and State GST Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in road checks, MOV-form proceedings, adjudication and post-detention auction and sale\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFaculty and Post-Graduate Students\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eof professional and academic indirect-tax courses, where the law on movement of goods, valuation in transit and GTA taxation forms part of the syllabus\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 14\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. This book is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eClause-by-Clause Rule Treatment\u003c\/strong\u003e] A clause-by-clause analysis of Rules 138, 138A, 138B, 138C, 138D, 138E and 138F of the CGST Rules, with each sub-rule and each of its provisos read alongside its statutory anchor in the CGST Act, so the reader sees the entire regulatory cascade in one place rather than chasing cross-references\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInterpretive Layer Over the Rule Text\u003c\/strong\u003e] An interpretive layer over each rule—the author flags drafting infelicities, the practical impossibility of certain compliances (\u003cem\u003efor example, the rule that goods supplied by an unregistered person are deemed to be moved by the registered recipient even when the recipient does not yet know movement has commenced\u003c\/em\u003e), and the unresolved questions that field officers and assessees actually fight over\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUnified FORM-Set Treatment\u003c\/strong\u003e] A unified treatment of the entire FORM-set—GST EWB-01 (\u003cem\u003eParts A and B\u003c\/em\u003e), the Part-A slip, EWB-02 (\u003cem\u003econsolidated\u003c\/em\u003e), EWB-03, EWB-04, EWB-05 (\u003cem\u003eunblocking application\u003c\/em\u003e), EWB-06 (\u003cem\u003ejurisdictional officer's order\u003c\/em\u003e), MOV-01 to MOV-11 (\u003cem\u003estatement of driver, inspection, detention, notice, order of demand, notice of confiscation and order of confiscation\u003c\/em\u003e), DRC-01\/01A, DRC-02, DRC-03, DRC-05, DRC-07 and DRC-12—with the legal hook for each form\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated Advisories, Instructions and Circulars\u003c\/strong\u003e] A continuously updated treatment of GSTN advisories, NIC instructions and CBI\u0026amp;C circulars\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSelf-Contained Statute-cum-Rules Companion\u003c\/strong\u003e] Verbatim reproduction of the sections of the CGST Act and the entire text of the e-way bill rules in the appendix, so the book also functions as a self-contained statute-cum-rules companion for in-transit work\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetention, Confiscation and 'Highway Robbery' Jurisprudence\u003c\/strong\u003e] A separate chapter, supported by a dedicated case-law chapter, on detention, seizure, release, confiscation and the developing 'highway robbery' jurisprudence—including Hindustan Steel v. State of Orissa, Synergy Fertichem v. State of Gujarat, Kay Pan Fragrance, Satyam Shivam Papers, Shyam Sel, Halder Enterprises, Sahil Traders, Sanjay Sales Agency and the recent Allcargo Logistics decision quashing detention orders issued beyond the seven-day statutory window\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStand-Alone GTA Commentary\u003c\/strong\u003e] A self-contained commentary on the law and rate structure of GTA service—the forward-charge option of 5% (without ITC) or 18% (with ITC) effective 22-9-2025, the reverse-charge mechanism for factories, societies, co-operative societies, registered persons, body corporates, partnership firms, LLPs and casual taxable persons, the consignment-note test for distinguishing a GTA from a goods-transport operator, the inclusion of free-issue diesel in value, and Annexures V and VI for opting in and out of forward charge\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOfficial User Manuals Reproduced in Full\u003c\/strong\u003e] Full reproduction of the official user manuals—the Web System User Manual 2025, the Offline Tool 2018 for bulk uploading, the SMS Operations User Manual 2018 and the API\/site-to-site Integration User Manual 2017—so screen-level operational doubts can be resolved from the same volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLatest Portal and Authentication Infrastructure\u003c\/strong\u003e] Coverage of the latest infrastructure-level changes—the second portal (\u003cem\u003eewaybill2.gst.gov.in\u003c\/em\u003e) effective 1-6-2024 with criss-cross operations between the two portals, mandatory multi-factor authentication for all taxpayers irrespective of AATO from 1-4-2025, OTP delivery via SMS, the Sandes app and the offline NIC-GST-Shield app, and the 180-day window from document date for generation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-System Integration\u003c\/strong\u003e] A dedicated section on the integration of the e-way bill system with FASTag, Vahan, the e-invoice\/IRN system, RFID and the Indian Railways Parcel Management System (PMS) and Freight Operation Information System (FOIS), and the consequences of these integrations for real-time tracking and fraud detection\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eOn the substantive law, procedure, and field-level practice, the book covers:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eArchitecture of the Regime\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCommon portal and second portal, registration, enrolment, citizen mode, sub-user roles up to 10 per place of business, and bulk generation through JSON, Offline Tool, Mobile App, SMS, GSP and site-to-site API for high-volume taxpayers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThresholds and Valuation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe ₹50,000 consignment-value rule under Rule 138(1), the optional aggregate-value rule under Rule 138(7), mandatory cases irrespective of value (\u003cem\u003ehandicrafts, inter-State job-work, intra-State gold and precious stones\u003c\/em\u003e), and RSP-based valuation for tobacco products effective 1-2-2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGeneration Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart A and Part B, the 15-day window on Part-A upload, transporter ID, Part-A slip, multi-vehicle option, line sale, transporter-to-transporter assignment, e-commerce and courier authorisation, and the mandatory HSN-of-goods rule for job-work consignments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e'Bill to\/Ship to' and 'Bill from\/Dispatch from' patterns, multiple vehicles under one invoice, movement of new vehicles by driving, refusal of delivery by consignee, inter-State movement of conveyances for repairs, 'all goods on wheel' like cranes, and DTA-to-SEZ supplies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValidity and Extension\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e200 km\/day for normal cargo and 20 km\/day for ODC and ship-leg multimodal, midnight expiry rule, PIN-code auto-calculation with ±10% tolerance, the eight-hour pre-\/post-expiry extension window, and the 360-day extension cap\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCancellation and Verification\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e24-hour cancellation window, bar on cancellation post-Rule 138B verification, and authenticity check via portal search or SMS code 'EWBVER \u0026lt;EWB_NO\u0026gt;' to 77382-99899\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDocuments and Devices in Conveyance\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvoice\/bill of supply\/delivery challan, e-way bill physically or via RFID, the 20-9-2021 IRN-QR-code dispensation from carrying physical invoice, and RFID embedment for specified transporter classes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExemptions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Annexure to Rule 138(14), GST-exempt goods, State-notified intra-State exemptions, sold motor vehicles as used personal effects, empty cargo containers, and weighment movement within 20 km\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBlocking and Unblocking under Rule 138E\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTriggers (\u003cem\u003eGSTR-3B default for two periods, GSTR-1\/CMP-08 default, suspension or cancellation under Rule 21A or 21(2A)\u003c\/em\u003e), EWB-05 application, EWB-06 order with personal hearing, and continued validity of e-way bills already in transit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRoad Checks\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInterception under section 68(3), MOV-01 to MOV-05 sequence, the 24-hour upload of physical verification report, the 30-minute transporter-grievance rule, and the distinction between detention, seizure and confiscation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSection 129 Penalty Regime (post 1-1-2022)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e200% of tax where owner comes forward, 50% of value or 200% of tax (whichever higher) where owner does not, 2% of value or ₹25,000 (whichever lower) for exempted goods, ₹1 lakh for conveyance release, the 7+7-day notice and order timeline, the 15-day cure window, and de-linking from sections 73, 74 and 130\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSection 130 Confiscation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe five gateway grounds, redemption fine in lieu of confiscation, vesting in Government, natural justice requirement, and residual punishment under section 131\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eMinor-Mistake Circular of 14-9-2018\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSix gateway situations (spelling, PIN code, address, document number, four\/six-digit HSN, vehicle number errors) attracting only ₹500 + ₹500 (₹1,000 IGST) under section 125 in lieu of section 129\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSale of Detained Goods under Rule 144A\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInventory, reserve price, e-auction, fresh auction in non-competitive bid cases, DRC-12 transfer, and stay on payment of 25% of penalty under section 107(6)—except for perishable or hazardous goods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTax Invoice Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMeaning of removal under section 2(96), the sixteen particulars under Rule 46, revised invoice within one month of registration, supplementary invoice as debit note, invoice-cum-bill of supply, special Rule 54 invoicing for ISDs, banks, NBFCs, GTAs and passenger transportation, and consolidated daily invoice for B2C supplies below ₹200\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eE-Invoice and IRN\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe ten IRP portals (einvoice1 to einvoice10), turnover-threshold applicability, exempt categories (\u003cem\u003ebanks, insurance, NBFC, GTA, passenger transport, multiplex, government, SEZ unit, B2C, RCM self-invoice\u003c\/em\u003e), the Rule 46(s) declaration, GSTR-1 auto-population, and EWB or Part-A generation along with IRN\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Invoicing Situations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContinuous supply under section 31(4), goods on approval within six months under section 31(7), SKD\/CKD or batch movement under Rule 55(5), removal preceding invoice under Rule 55(4), exports and SEZ supplies, and revised invoices for the pre-registration period\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDelivery Challan under Rule 55\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCircumstances of use (\u003cem\u003eliquid gas of unknown quantity, job work, transport for reasons other than supply, sale on approval, line sale, exhibition, own use, SKD\/CKD or lots\u003c\/em\u003e), triplicate requirement, contents and serial numbering, and pairing with tax invoice for sale-on-approval movements\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBill of Supply under Rule 49\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComposition dealers and exempted supplies, value-below-₹200 exemption, invoice-cum-bill of supply, prescribed contents, and acceptability of tax invoice or other-Act document in lieu\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST on Goods Transport Service\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMultimodal at 5% with restricted ITC and 18% with at least one air leg (\u003cem\u003eeffective 22-9-2025\u003c\/em\u003e), other-than-multimodal at 18%, supporting services at 18% under heading 9967, toll exemption with post-1-1-2023 taxability of annuity, FASTag-default and overloading equivalence with toll, GTA forward charge at 5%\/18% with Annexures V and VI, reverse charge for factories\/societies\/registered persons\/body corporates\/firms\/LLPs\/CTPs, the consignment-note test, exemption for specified goods (\u003cem\u003eagricultural produce, milk, salt, food grain, organic manure, newspapers, relief material, defence equipment\u003c\/em\u003e) and for transit cargo to Nepal\/Bhutan, recipient ITC, FOR\/CIF freight treatment, post-1-10-2022 taxability of inward and outward ocean freight, vehicle hire to GTAs, and transport by rail, inland waterways, air, courier, postal and local delivery\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into ten chapters grouped into two thematic blocks, followed by an extensive appendix section. Each chapter follows a uniform internal architecture—statutory text, departmental clarification, portal\/operational procedure, illustrative scenarios and case law where relevant.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBlock I — The E-Way Bill Compliance Lifecycle (Chapters 1 to 6)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ecovers the full compliance arc of the e-way bill, from triggering event through field enforcement and post-detention adjudication. The internal architecture of each chapter in this block consistently moves through:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eStatutory Source and Form\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The Act\/Rule provision creating the obligation and the corresponding prescribed Form\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePortal Procedure\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Part A, Part B, validity, extension and cancellation on the common portal\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eCarve-outs and Exemptions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— State-specific positions and the goods-list under the Annexure to Rule 138(14)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eField-Level Enforcement\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Interception, the MOV-form sequence, physical verification timelines, and the transporter-grievance mechanism\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAdjudication Cascade\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Penalty, detention, seizure, release, sale and confiscation under sections 129 and 130, with judicial elaboration\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBlock II — Documents in Transit and the Taxation of Transport Services (Chapters 7 to 10)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ecovers the documents that must accompany goods in transit and the GST treatment of the underlying transport service. The internal architecture of each chapter in this block consistently moves through:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eLegal Status of Each Document\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Tax invoice, delivery challan and bill of supply, and the situations in which each is to be issued\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eMandatory Particulars\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Contents, signatures, copies, QR-code, e-invoice\/IRN and HSN\/SAC requirements\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSpecial Situations\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Continuous supply, sale on approval, knocked-down or batch consignments, exports, SEZ supplies and pre-registration sales\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTransport Service Taxation\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Classification, exemption and rate structure across road, rail, vessel, air and multimodal channels\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eRCM, ITC and GTA Option\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Reverse-charge mechanism, ITC entitlement, and Annexure V\/VI declarations for the GTA forward-charge option\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eform a sizeable operational annexure to the book and reproduce, for ready reference, the relevant sections of the CGST Act, the full text of the e-way bill rules (Rules 138 to 138F), the lists of exempted goods, the Department of Atomic Energy and CSD-specific exemptions, the consolidated text of Notification 09\/2018-Central Tax (Electronic Way Bill), the portal FAQs across all functional categories, the User Manuals for the Web system (2025), the Offline Tool, SMS operations and API\/site-to-site integration, State Government notifications granting intra-State exemptions, the procedure for road checks with all MOV-form templates, the godown-storage clarification, the ₹1,000 nominal-penalty notification, the common enrolment notification for transporters, the multi-vehicle option notification, and the JSON schema and attributes for bulk generation\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482300571671,"sku":null,"price":766.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTE-WayBill.png?v=1788437897"},{"product_id":"gst-law-practice-pocket","title":"GST Law \u0026 Practice | POCKET","description":"\u003cp\u003e\u003cem\u003eGST Law \u0026amp; Practice [POCKET Edition]\u003c\/em\u003e\u003cspan\u003e—A Compendium of CGST\/IGST Acts along with Relevant Rules\/Circulars\/Notifications \u0026amp; Case Laws is a single-volume, provision-centric compendium of the Goods and Services Tax law in India. It is designed not as a bare-act reprint but as a working reference in which every operative section of the CGST and IGST Acts is read together with the delegated legislation, administrative clarifications, and judicial precedent that give it meaning. Each section is immediately followed by the relevant rules, a gist of applicable notifications and circulars, and a curated digest of case law, so that the reader can move from statute to interpretation on the same page.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 8\u003csup\u003eth\u003c\/sup\u003e Edition incorporates all amendments brought in by the Finance Act 2026 and reflects the regulatory and judicial developments up to the date of publication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is the Pocket Edition of the principal volume. It delivers the complete content—every operative section, the relevant Rules reproduced in full, the section-wise gist of notifications and circulars, and the curated case-law digest—in a compact, portable trim sized for daily carry. It is intended as a carry-anywhere companion for use before adjudicating and appellate authorities, the GST Appellate Tribunal, in client and audit engagements, and on travel, where the standard volume is impractical to transport.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is intended as a daily-use reference for professionals and institutions engaged with GST:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epractising in GST advisory, compliance, audit, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Indirect-Tax Teams of Corporates, Multinationals and PSUs\u003c\/em\u003e\u003c\/strong\u003e—GST heads, indirect-tax controllers, finance and commercial managers\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOfficers of the Central and State GST administrations, DGGI, and CBIC\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eMembers and Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Adjudicating Authorities, Appellate Authorities, the GST Appellate Tribunal, High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians, Researchers, and Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epreparing for the CA, CS, CMA, LL.B., and LL.M. examinations where GST is a core paper\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. This book is edited by CA. (Dr) Arpit Halida, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Layer Treatment Applied to Every Section\u003c\/strong\u003e] The book's defining feature is the uniform three-layer presentation given to every operative provision:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eStatutory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The annotated text of the section, with a dense footnote apparatus that traces every substitution, insertion, and omission to the specific Finance Act, Amendment Act, Removal of Difficulties Order, or notification that effected it, along with the effective date and the pre-amendment text preserved\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eRegulatory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The relevant rules from the CGST Rules 2017 are reproduced in full under the parent section, each rule carrying its own layered footnote history. A gist of applicable notifications follows, keyed to the provision\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eJudicial Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A curated digest of relevant case law is placed under the section, with ratios reported in sufficient substantive detail, citations, and explicit flagging of contrary decisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eCirculars Updated Through Late 2025\u003c\/strong\u003e] The gist of CBIC circulars runs through Circular No. 254\/11\/2025-GST, dated 27-10-2025, covering landmark recent clarifications including:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCircular 251\/08\/2025 on post-sale discounts and financial\/commercial credit notes\u003c\/li\u003e\n\u003cli\u003eCircular 253\/10\/2025 on the withdrawal of Circular No. 212\/6\/2024-GST\u003c\/li\u003e\n\u003cli\u003eCircular 252\/09\/2025 on the Document Identification Number (DIN) requirement\u003c\/li\u003e\n\u003cli\u003eCircular 250\/07\/2025 on reviewing, revisional, and appellate authorities for Common Adjudicating Authority (CAA) orders\u003c\/li\u003e\n\u003cli\u003eCircular 249\/06\/2025 on the generation and quoting of DIN on CBIC communications\u003c\/li\u003e\n\u003cli\u003eCircular 248\/05\/2025 on eligibility for Section 128A benefit where tax was paid through FORM GSTR-3B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Amendment Tracking\u003c\/strong\u003e] Every legislative change up to and including the Finance Act 2026 is integrated into the statutory text of the CGST, IGST, and UTGST Acts. The annotation format preserves the complete amendment history for each provision—the amending instrument, the effective date, and the pre-amendment text—enabling the reader to reconstruct the law as it stood on any prior date, a frequent need in assessment, audit, and litigation work involving past tax periods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Central Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe principal Division is a complete, section-wise treatment of the CGST Act 2017—Chapter I (Preliminary) through Chapter XXI (Miscellaneous)\u003c\/li\u003e\n\u003cli\u003eThe Division also provides, as continuous annexures:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eSchedules I, II, and III to the CGST Act\u003c\/li\u003e\n\u003cli\u003eRemoval of Difficulties Orders — First through Tenth Orders of 2019, together with the 2020 and 2023 Orders, reproduced in full\u003c\/li\u003e\n\u003cli\u003eText of Provisions of Allied Acts referred to in the CGST Act—including relevant extracts from the Cantonments Act 2006; the Chartered Accountants Act 1949; the Cost and Works Accountants Act 1959; the Information Technology Act 2000; the Real Estate (Regulation and Development) Act 2016; the Customs Tariff Act 1975; the Constitution of India (Article 279A); and other allied statutes referred to in definitions and operative sections\u003c\/li\u003e\n\u003cli\u003eValidation Provisions—a consolidated compilation\u003c\/li\u003e\n\u003cli\u003eSubject Index—detailed index keyed to the CGST Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Integrated Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA complete, section-wise annotated treatment of the IGST Act 2017, covering the full place-of-supply regime (\u003cem\u003edomestic and cross-border, including the special rules for online money gaming and online information services\u003c\/em\u003e), zero-rated supplies, apportionment of tax, refund of IGST on exports, and validation provisions\u003c\/li\u003e\n\u003cli\u003eThe Division follows the same three-layer structure used in Division One, with a section-wise gist of circulars and case law, including post-2024 rulings such as the Delhi High Court's judgment in Interglobe Aviation Ltd. on the constitutionality of additional duty on re-imported aircraft parts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Miscellaneous\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eUnion Territory Goods and Services Tax Act 2017—annotated section-wise\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax (Period of Levy and Collection of Cess) Rules 2022\u003c\/li\u003e\n\u003cli\u003eNational Anti-Profiteering Authority : Procedure and Methodology\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Procedure) Rules 2025—the new procedural code for institution of appeals, registry functions, cause lists, interlocutory applications, and hearings before the GSTAT Principal and State Benches, reproduced in full\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Settlement of Funds Rules 2026—notified by GSR 225(E), dated 30-3-2026, in supersession of the 2017 Rules (\u003cem\u003edeemed effective from 1 April 2025\u003c\/em\u003e), covering cross-utilisation reports, Form GST STL-1 series, apportionment of IGST, and settlement between Centre and States\u003c\/li\u003e\n\u003cli\u003eList of CGST Forms—complete catalogue of every statutory form under the CGST Rules, organised by function (\u003cem\u003eRegistration, ITC, Enrolment, Returns, GST Practitioner, Payment of Tax, Refunds, Assessment, Audit, Advance Ruling, Appeals and Revision, Transitional Provisions, Inspection and Search, Demands and Recovery, Compounding, E-Way Bill\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReference Apparatus\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eList of Notifications—consolidated table of CGST and IGST notifications with description and page reference\u003c\/li\u003e\n\u003cli\u003eList of Circulars \u0026amp; Clarifications—with subject description and precise page reference, running through Circular No. 254\/11\/2025-GST, dated 27-10-2025\u003c\/li\u003e\n\u003cli\u003eArrangement of Sections and Arrangement of Rules at the opening of each Division\u003c\/li\u003e\n\u003cli\u003eSubject Index for both the CGST and IGST Divisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into three Divisions, each self-contained with its own pagination:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— CGST Act, Rules, Circulars, Case Law, Schedules, Removal of Difficulties Orders, Allied Acts, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— IGST Act, Rules, Circulars, Case Law, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— UTGST Act, GST Cess Rules 2022, Anti-Profiteering Procedure, GSTAT Procedure Rules 2025, GST Settlement of Funds Rules 2026, CGST Forms\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConsolidated Lists of Notifications and Circulars\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eat the end serve as a master navigation table cross-referencing every notification and circular to the exact page where its gist and application are discussed within the body text\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482387832855,"sku":null,"price":836.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTLaw_Practice-POCKET-VirtualBook.png?v=1788438665"},{"product_id":"gst-on-works-contract-real-estate-transactions","title":"GST on Works Contract \u0026 Real Estate Transactions","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST on Works Contract \u0026amp; Real Estate Transactions \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a focused commentary on the application of GST to two of the most complex and litigation-prone sectors under the Indian indirect tax regime—works contracts and real estate transactions. It bridges the foundational machinery of GST (\u003cem\u003esupply, classification, valuation, input tax credit, place and time of supply, reverse charge\u003c\/em\u003e) with the sector-specific provisions governing residential and commercial apartments, transfer of development rights, FSI, long-term leases, joint development arrangements, leasing and renting of immovable property, and government-related activities.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition incorporates the abolition of GST Compensation Cess on goods and services with effect from 1\u003csup\u003est\u003c\/sup\u003e February 2026, the Input Service Distributor regime mandatory from 1\u003csup\u003est\u003c\/sup\u003e April 2025, and the post-18 July 2022 rate position on works contract services.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling GST advisory, compliance, litigation, and audit in the construction and real estate sectors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-house Finance and Tax Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof real estate developers, EPC contractors, infrastructure companies, builders, and promoters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment and PSU Procurement and Finance Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edealing with works contracts awarded by or to public authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eJudicial Members and Tribunal Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in adjudication, advance ruling, and appellate matters concerning real estate and works contract disputes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Advanced Students of Indirect Taxation\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking sector-specific application of GST principles\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 11\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. It is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments\u003c\/strong\u003e] Fully incorporated, including the abolition of GST Compensation Cess w.e.f. 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwo-Part Architecture\u003c\/strong\u003e] Part I lays the foundational GST machinery; Part II applies it sector-specifically to works contracts and real estate\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Real Estate Regime\u003c\/strong\u003e] Post-1 April 2019 framework for residential and commercial apartments, the 1%\/5% rate option, RREP vs REP distinction, affordable residential apartments, ongoing project transition, and valuation when consideration includes land\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJoint Development Agreements, TDR \u0026amp; FSI\u003c\/strong\u003e] Reverse charge on promoters, exemption for development rights used in residential apartments sold before completion, treatment of pre-31\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMarch 2019 transfers, valuation of construction service against development rights, area-sharing arrangements, and accommodation given to existing tenants during transition\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorks Contract Services\u003c\/strong\u003e] Distinction between construction service and works contract service, withdrawal of the 12% concessional rate w.e.f. 18\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2022, surviving concessional entries for specified infrastructure works, sub-contractor eligibility, and DBOT\/HAM road contracts\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eServices to and by Government\u003c\/strong\u003e] Pure services to Government, exempt and concessional services to and by local authorities and Union Territories, and reverse charge on renting of immovable property by Government\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInput Tax Credit\u003c\/strong\u003e] Manner of taking ITC, blocked credit, proportionate ITC for taxable and exempt supplies, ITC on capital goods, special provisions for banks\/FIs\/NBFCs, and the new ISD regime mandatory from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eValuation Issues\u003c\/strong\u003e] Transaction value, deemed land value of one-third, prime location and development charges, related-party valuation, cost-plus and residual methods\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNumerical Illustrations\u003c\/strong\u003e] Worked-out computations for ITC apportionment in REP and RREP, reverse charge under Section 9(4), and time-of-supply scenarios for promoters and landowners\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatutory \u0026amp; Case Law Anchoring\u003c\/strong\u003e] Each issue mapped to the underlying section, rule, notification, or circular, with integrated AAR, AAAR, CESTAT, High Court, and Supreme Court rulings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eA Complete Guide to GST on Real Estate Transactions \u0026amp; Works Contract\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFoundational provisions and sector-specific application across twenty chapters\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIssues Pertaining to Projects\/TDR\/Development Rights\/FSI\/Leasing\/Renting\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIncluding joint development agreements, area-sharing models, sale of apartments by landowner-promoter, and pooling of land parcels\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eServices To and By Government\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePublic administration services, exempt and concessional services, reverse charge on Central\/State\/UT and local authority renting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcross four chapters covering manner of taking ITC, blocked credits, proportionate ITC, ITC on capital goods, and the post-1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025 ISD regime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValuation Issues\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransaction value, deemed land value, valuation of free apartments to landowners, related-party valuation, and cost-plus method\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProcedural Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRegistration, invoicing, returns (\u003cem\u003eGSTR-1, GSTR-3B, annual returns\u003c\/em\u003e), payment of tax, e-way bills, road checks, anti-profiteering, GST TDS, and advance ruling\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into two Parts and twenty chapters, supported by fifteen Appendices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart I — Basics of GST (Chapters 1 to 14)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003elays the foundational machinery—background and rates, taxable event and supply, classification, valuation, the full ITC framework across four chapters, ISD, place and time of supply, reverse charge, procedures, e-way bill, and miscellaneous issues including anti-profiteering, GST TDS, and advance ruling\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart II — Taxability of Works Contracts and Real Estate Transactions (Chapters 15 to 20)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eapplies this machinery sector-specifically—transactions relating to real estate, real estate services for residential and commercial apartments, TDR\/FSI\/upfront long-term lease amounts, leasing and renting of real estate, construction and works contract services, and government-related activities.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices I to XV\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ereproduce the relevant CGST and IGST sections, CGST Rules, key extracts from Notifications 11\/2017 and 12\/2017—Central Tax (Rate), worked-out ITC computations for REP and RREP, reverse charge calculation under Section 9(4), declarations for ongoing projects, summary tables on reverse charge and time of supply for promoters and landowners, and consolidated CBIC clarifications on real estate projects (\u003cem\u003eParts I and II\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482457595927,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTonWorksContract_RealEstateTransactions.png?v=1788439335"},{"product_id":"handbook-on-taxation-of-partnerships-firms-limited-liability-partnerships-frequently-asked-questions","title":"Handbook on Taxation of Partnerships, Firms \u0026 Limited Liability Partnerships Frequently Asked Questions","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eHandbook on Taxation of Partnerships, Firms and Limited Liability Partnerships\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a question-and-answer treatise, recalibrated for the Income-tax Act 2025 and continuously cross-referenced to the erstwhile Income-tax Act 1961. Commissioned by the All India Federation of Tax Practitioners (AIFTP) in its golden jubilee year, the work arrives at the moment of statutory transition: the 2025 Act renumbers and rearranges without disturbing settled interpretive jurisprudence, and Section 536(2)(j) preserves the validity of circulars, notifications and instructions issued under the 1961 Act so long as they are not in conflict with the new statute. Practitioners therefore require a reference that follows every provision across both regimes and maps the case law built around the 1961 Act onto the renumbered provisions of 2025. The Second Edition addresses 437 questions across 24 chapters, covering the entire commercial and tax life of a firm—formation, partner-level economics, residency, reconstitution events under Sections 8 and 67(10), conversion, set-off of losses, prosecution, stamp duty, GST, the four new Labour Codes, and assessment of AOPs and BOIs. The treatment is reinforced by 13 specimen deeds, three worked case studies that compute capital gains under Sections 8, 67(10) and 72(5) read with Rules 6 and 50 of the Income-tax Rules, 2026, and the bare texts of allied legislation in the appendices, making the volume a self-contained desk reference rather than a commentary in isolation.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Tax Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising partnership firms, LLPs, AOPs and BOIs across direct and indirect tax matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Senior Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e practising before Tribunals, High Courts and the Supreme Court on firm reconstitution, retirement settlements, dissolution and conversion disputes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax Counsel and Finance Leadership\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of family-owned businesses and professional firms operating as partnerships or LLPs, including those evaluating conversion or restructuring\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDepartmental Officers and Judicial Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e dealing with firm-level assessments, reconstitution litigation and prosecution proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMembers of the AIFTP and Other Tax Practitioner Associations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a consolidated FAQ reference under the 2025 Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty and Post-Graduate Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of direct taxes, International Tax and corporate law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2\u003csup\u003end\u003c\/sup\u003e Edition, commissioned by AIFTP and published by Taxmann. It is edited by Dr K. Shivaram [Senior Advocate] and authored by Mr Shashi Ashok Bekal [Advocate], with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTwin-statute Referencing on Every Provision\u003c\/strong\u003e] Every section of the Income-tax Act 2025 carries its corresponding section under the 1961 Act in square brackets in the running text, so the reader is never required to perform the renumbering conversion separately\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFAQ Architecture Engineered for Retrieval\u003c\/strong\u003e] The entire content is structured as 437 numbered questions and answers, designed for direct application during assessment, advisory and litigation work rather than continuous reading. Each answer follows a uniform pattern—statutory provision, judicial authority, departmental view, and the author's analytical position\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eJudicial Substratum Carried Forward to the 2025 Regime\u003c\/strong\u003e] Every interpretive answer integrates Supreme Court, High Court and ITAT authorities decided under the 1961 Act, with an express note that such case law continues to govern the renumbered provisions in keeping with Section 536(2)(j) of the 2025 Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-disciplinary Treatment\u003c\/strong\u003e] Direct tax issues are read alongside the following:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIndian Partnership Act 1932\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLLP Act 2008\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Four New Labour Codes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGST\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStamp Duty\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFEMA \u0026amp; Overseas Direct Investment Regulations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSARFAESI\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIBC\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNegotiable Instruments Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eConsumer Protection Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eArbitration Framework\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDrafting Library of 13 Specimen Deeds\u003c\/strong\u003e] Ready-to-adapt instruments covering the formation, change, exit and conversion events in the life of a firm, drafted to reflect post-2025 statutory requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree Worked Case Studies with Computational Arithmetic\u003c\/strong\u003e] Illustrations that take the reader from book value and revaluation through to the tax effect of Section 8, Section 67(10), the attribution of profits under Section 72(5), and the long-term\/short-term characterisation under Rules 6 and 50 of the Income-tax Rules 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eConstitutional, FEMA and Overseas Dimensions\u003c\/strong\u003e] This book includes the constitutional validity of the reconstitution provisions, retrospective applicability, Permanent Establishment and POEM analysis for cross-border firms, overseas direct investment under the Automatic and Approval routes, and the position of foreign firms acquiring agricultural land or practising law in India\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBare Legislative Appendices\u003c\/strong\u003e] The Indian Partnership Act 1932, the LLP Act 2008, the relevant Income-tax sections and rules, and CBDT Circular No. 14 of 2021 are reproduced in full for self-contained reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eConsolidated List of Cases and Subject Index\u003c\/strong\u003e] Designed to support evidentiary lookup during assessment, appellate and advisory work\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFormation and Constitutional Framework of Firms and LLPs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFormation, registration and constitutional questions of partnership firms and LLPs, including admission of HUFs, companies, trusts, minors and non-residents as partners, the position of a coparcener entering partnership with their own HUF, and the application of GAAR, the doctrine of substance over form and the principle of mutuality to firms\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOperational and Computational Issues\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eMethod of accounting (\u003cem\u003ecash, mercantile and percentage-completion\u003c\/em\u003e), classification of non-corporate entities for Accounting Standards purposes, format and disclosures in LLP financial statements, partners' capital account movements, MSME disclosure, computation of book profits, treatment of capital gains and income from other sources for the purpose of remuneration ceilings, and the statutory limit on remuneration to working partners\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCross-Border, Residency and FEMA Dimensions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eResidency, Place of Effective Management, foreign LLPs, Permanent Establishment (\u003cem\u003eincluding agency PE arising from a partner-as-agent\u003c\/em\u003e), transfer pricing for firms and LLPs, foreign direct investment, overseas direct investment by Indian firms, and the position of non-resident managing partners\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompliance Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePAN, return filing due dates, the distinction between a firm and a company for compliance purposes, audit thresholds under the presumptive income regime, advance tax, TDS and TCS obligations, signatory rules, and the digital signature framework\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 8 of the 2025 Act (Erstwhile Section 9B)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eMeaning of specified entity and specified person, computation at fair market value, applicability to rural agricultural land, applicability to legal heirs, the interaction with deeming provisions on stamp value, and the implications for raw material and work-in-progress in the real estate context\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 67(10) of the 2025 Act (Erstwhile Section 45(4))\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTrigger on reconstitution, computation, and attribution of profits under Section 72(5) (erstwhile Section 48(iii)) of the 2025 Act across remaining assets in the books of the firm\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInterplay Between Section 8 and Section 67(10)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe two charging mechanisms read together on a single reconstitution event, addressing the no-double-counting principle\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLife-Cycle Events of a Partnership\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAdmission of a partner, retirement of a partner (\u003cem\u003eincluding the treatment of self-generated goodwill at nil cost\u003c\/em\u003e), expulsion, death, insolvency, reconstitution and dissolution, each examined for its direct tax, allied-law and drafting consequences\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConversion and Restructuring\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConversion of firms into LLPs and companies, and of companies into LLPs, with the seven statutory conditions under the 2025 Act, the lock-in periods, the continuation of tax holidays, the carry-forward of bad debts and unabsorbed depreciation, and the position on slump sale of a firm\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSet-Off and Carry-Forward of Losses\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIncluding the newly enabling Section 116(12) of the 2025 Act for amalgamation and demerger of LLPs\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Tax Issues for Firms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eGift taxation, deemed-dividend principles, applicability of MAT and AMT to firms, presumptive taxation and keyman insurance treatment\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLiability and Prosecution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eLiability and prosecution of working, sleeping, retired, minor and over-70 partners; the principal officer concept; compounding of offences; and the decriminalisation of certain TDS offences under the 2025 Act, including replacement of prosecution by monetary penalty for TDS defaults of up to Rs. 10 lakh\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStamp Duty Implications\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStamp duty across assignment, retirement, dissolution and conversion events, and the interaction between Section 67(9) of the 2025 Act and the stamp-value deeming provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGoods and Services Tax\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eRegistration, fresh registration on conversion, recovery and arrest of partners under Section 132 of the CGST Act, the position of sleeping partners, and partners' joint and several liability under Section 90 of the CGST Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLabour Law Implications under the Four New Codes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eApplication of the Code on Wages, the Code on Social Security, the Occupational Safety, Health and Working Conditions Code, and the Industrial Relations Code to firms and LLPs, covering wage, bonus, gratuity, EPF, ESI, occupational safety, working conditions and industrial relations, together with the post-2026 amendment to Section 29(1)(e) of the 2025 Act on employee contribution timing\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAssessment of Associations of Persons and Bodies of Individuals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe Maximum Marginal Rate, indeterminate-share cases, the option of the Assessing Officer to assess the AOP or its members, and the applicability of Sections 8 and 67(10) to AOPs and BOIs\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractitioner-Grade Miscellaneous Issues\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eWinding-up of LLPs versus dissolution, dishonour of cheques by a firm under the Negotiable Instruments Act, partner-as-guarantor analysis, applicability of SARFAESI and IBC to firms, the Consumer Protection Act position of an investor-partner, arbitration clauses surviving dissolution and binding legal heirs, search and survey at the partner's residence, retraction of one partner's statement by another, unexplained credits in the books of the firm versus the books of the partner, and protective additions across firm and partner\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock I – Foundations and Computational Framework (Chapters 1 to 8)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConceptual fundamentals of partnerships and LLPs and constitutional questions on partners\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eOperational issues including accounting, book profits and partners' remuneration, interest and commission\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eResidency, FEMA, POEM, PE and transfer pricing\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eReturn filing, audit, ITR forms and compliance under the 2025 Act\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRegistration and inception of firms and LLPs, including succession, profit-sharing ratio, partner capital and the treatment of immovable property and stock-in-trade introduced as capital contribution\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection 8 of the 2025 Act analysed for trigger, computation, fair market value, specified entity and specified person\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection 67(10) of the 2025 Act analysed for trigger and computation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe interplay between Section 8 and Section 67(10) on a single reconstitution event\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock II – Life-Cycle Events of a Firm (Chapters 9 to 14)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAdmission of a partner\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRetirement of a partner\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExpulsion, death and insolvency of a partner\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eReconstitution of a partnership firm\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDissolution of a partnership firm\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eConversion of a firm into an LLP, and the rules governing conversion of a company into an LLP\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock III – Specific Heads and Allied Laws (Chapters 15 to 22)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSet-off and carry-forward of losses\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGift taxation in the context of firms\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLiability and prosecution of the firm and its partners, including decriminalisation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eStamp duty implications across firm events\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGoods and Services Tax implications\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLabour law implications under the four new Codes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAssessment of Associations of Persons and Bodies of Individuals\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMiscellaneous issues, including search, survey, arbitration, SARFAESI, IBC, unexplained credits and protective additions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock IV – Drafting Aids and Worked Computations (Chapters 23 to 24)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSpecimen deeds—partnership, admission, retirement, dissolution, admission of a minor to the benefits of partnership, assignment of property, supplementary deed recording past understanding, deed of admission of a minor on attaining majority, expulsion, reconstitution, modification, supplementary deed for financial changes, and a full LLP agreement\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWorked case studies—application of Section 67(10) on partner retirement with self-generated goodwill; combined application of Sections 8 and 67(10) where the retiring partner takes a specific asset; computation under Section 67(10) with attribution under Section 72(5) and characterisation as long-term or short-term capital gain under Rules 6 and 50 of the Income-tax Rules, 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIndian Partnership Act, 1932 (complete text)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLimited Liability Partnership Act, 2008 (complete text)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRelevant Sections and Rules of Income-tax\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCBDT Circular No. 14 of 2021 dated 2\u003csup\u003end\u003c\/sup\u003e July 2021\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eReference Apparatus\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConsolidated List of Cases\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed Subject Index\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45484745097239,"sku":null,"price":945.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/HandbookonTaxationofPartnerships_Firms_LimitedLiabilityPartnerships_FrequentlyAskedQuestions.png?v=1788511328"},{"product_id":"how-to-deal-with-gst-show-cause-notices-with-pleadings","title":"How to Deal with GST Show Cause Notices with Pleadings","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eHow to Deal with GST Show Cause Notices with Pleadings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner's manual on the most decisive phase of a GST dispute—the moment a notice arrives and a reply must be drafted. Rather than restating the statute, it teaches a method: read what a notice actually alleges, pin down the precise provision that authorises it (\u003cem\u003ethe book's recurring test is \u003c\/em\u003e\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cem\u003e\u003cspan\u003eUnder which section?\u003c\/span\u003e\u003c\/em\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), expose the deficiencies and discrepancies that are \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eincurable and fatal to the demand,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e and then plead the case with precision instead of volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is built on a hard-won philosophy. It warns against the reflex of filing \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ereams of submissions without making a single clinching point,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e argues that an over-eager response to a preliminary enquiry can hand the department its own case, and insists the \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eaccept and discharge\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e versus \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003edispute and litigate\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e choice is a commercial decision best deferred until the notice is formally issued. Its opening chapter, Background, sets the constitutional spine—procedures established by law and due process—anchored in authorities such as \u003cem\u003eMohinder Singh Gill v. CEC\u003c\/em\u003e (AIR 1978 SC 851), and that lens runs through every later chapter. It is, in the author's words, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ea work that draws from years of making mistakes so that no one needs to make the same old ones.\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition covers the new section 74A demand regime, system-generated notices, revisionary proceedings, and the GST Appellate Tribunal (GSTAT)—its structure, procedure, and the GSTAT Procedure Rules.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Cost Accountants and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who draft replies and appear before adjudicating and appellate authorities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Tax Litigators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e building pleadings for departmental engagement, appeal memos, and Tribunal proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGST and Indirect-Tax Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling assessments, audits, refunds, and demand notices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax Heads, CFOs and Finance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must make the litigate-or-settle decision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDepartmental Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e wanting a jurisprudence-anchored view of how notices, adjudication, appeals, and revision are meant to operate\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Entrants to Indirect-Tax Practice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want litigation craft, not just statutory text\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 7\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. It is authored by CA. A Jatin Christopher with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUnder Which Section?—A Defence Strategy\u003c\/strong\u003e] Every notice is traced to its enabling provision, because the section fixes who may act, what they may ask, and how far the enquiry can go\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNotice-wise Anatomy\u003c\/strong\u003e] Each notice type is dissected by structure, prerequisites, limitations, scope, burden of proof, and the defects that quietly defeat a demand\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Discipline of the Reply\u003c\/strong\u003e] How to reject allegations and dispute demands cleanly, avoid over-disclosure, and resist the 'long and winded reply' that does the taxpayer's case a disservice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Full Dispute Lifecycle\u003c\/strong\u003e] Notice → adjudication → first appeal → the 'sequel notice' by the Appellate Authority → revision → Appellate Tribunal\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Dedicated Pleadings Division\u003c\/strong\u003e] Division Two is a bank of Enlarged Illustrative Pleadings spanning replies to notices, departmental engagement, appeal memos, and Tribunal grounds, mapped to practical controversies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUpdated for the Finance Act 2026 and GSTAT\u003c\/strong\u003e] Section 74A, Rules 88C\/142B\/88D, GSTAT structure, Tribunal Procedure and the GSTAT Procedure Rules integrated throughout\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eJurisprudence Applied, Not Listed\u003c\/strong\u003e] Administrative law, natural justice, burden of proof, best-judgment limits and maintainability are worked into live notice and appeal situations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eNotices, by Provision and Type (Division One)\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSections 25 \u0026amp; 29\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—registration notices: rejection of applications, suspension, suo motu and voluntary cancellation, revocation, appealable orders\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 63\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—best-judgment assessment of unregistered persons; 'best judgment is not wild guesswork'; challenges to jurisdiction\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 73\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—non-fraud demands: pre-notice consultation, limitation, service and its validity, deficiencies and discrepancies, non-denial as admission\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 74\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—fraud\/suppression demands: special circumstances, the penalty stages, 'cum-tax' demand\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNew Section 74A\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—date of commencement, terminal date for old notices, ingredients to jurisdiction, fresh limitation, definition of suppression, 'mother notice v. child notice'\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 76\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—tax collected but not paid; composite demand; absence of limitation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSystem-generated notices\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—Rules 88C, 142B and 88D, response options, adverse inference, auto-generated appropriation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRefund notice\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—unjust enrichment, credit-note mischief, protective notices, erroneous refund with interest\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for e-Way Bill\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—binary verification, alteration\/expansion of enquiry by circular, cryptic notices, pleading for lenience\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for Penalty\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—general discipline on penalty, personal penalty on directors, penalty under section 52, waiver of penalty notice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for Confiscation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—seizure as a pre-condition, release from detention, the (\u003cem\u003eunlimited\u003c\/em\u003e) limitation position\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdjudication and Remedies (Division One)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePreparation to reply\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e; the jurisprudence of adjudication (\u003cem\u003ee.g., interest as automatic rather than penal, the bar on plurality of penalty\u003c\/em\u003e); drafting the reply; relief and outcomes in adjudication\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRemedy of appeal\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e; the 'sequel notice' by the Appellate Authority; relief in appeal\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRevisionary proceedings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the anomaly of executive revision of appellate orders, the narrow grounds (\u003cem\u003eillegal, improper, or omitting material facts\u003c\/em\u003e), doctrine of election, bar on revision, 'mischievous appeals,' limitation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eGST Appellate Tribunal\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—GSTAT structure and benches, pre-deposit (\u003cem\u003eincluding penalty-only and fine-only disputes\u003c\/em\u003e), statement of facts and grounds, paper-books, interlocutory applications; Tribunal Procedure (\u003cem\u003eAPL-5, cross-objections, computational tables, condonation, withdrawal\u003c\/em\u003e); the GSTAT Procedure Rules (\u003cem\u003epowers, instituting appeal, registry, hearing, case management, e-filing, CPC\u003c\/em\u003e); and a closing chapter on applicable jurisprudence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePleadings (Division Two) — Enlarged Illustrative Pleadings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings for reply to notices\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—Chapter 26 alone runs to 58 numbered sub-paragraphs, the bulk of them worked reply scenarios: DRC-3 payments, GSTR-2A\/3B and GSTR-1\/3B mismatches, RCM unpaid, credit\/debit notes, TRAN-1 transition credit, composition-taxpayer defaults, Rule 86A\/86B, blocked and common credits, supplier-in-default, 'interest only'\/'penalty only' demands, classification and exemption disputes, pure-agency collections\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings in departmental engagement\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—DRC-13 (\u003cem\u003ethird-party recovery\u003c\/em\u003e), DRC-22 provisional attachment, CMP-6, 'call book,' time-barred-notice intimations, death of proprietor\/appellant\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings in appeal memo\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—audit-led, inquiry-led and interception-led demands; relief under section 75(2); RVN-1\/ADT-2 situations; condonation-of-delay affidavits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppellate Tribunal pleadings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—notes on APL-5\/APL-6, preliminary grounds (sections 61\/65\/67), special and common grounds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eInherent powers of GSTAT\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—including extended-adjournment\/call-book applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into two complementary divisions totalling 30 chapters.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | Notices under GST (Chapters 1–25)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Builds the dispute knowledge base in the order a controversy unfolds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFoundations (\u003cem\u003eBackground—procedures established by law and due process\u003c\/em\u003e) → each notice type (ss. 25\/29, 63, 73, 74, 74A, 76) → system-generated, refund, e-way-bill, penalty and confiscation notices → preparation to reply, the jurisprudence of adjudication, the reply itself, and relief\/outcomes in adjudication → the full appellate journey (\u003cem\u003eremedy of appeal, the 'sequel notice,' relief in appeal, revisionary proceedings, the Appellate Tribunal, Tribunal Procedure, the GSTAT Procedure Rules\u003c\/em\u003e) → a concluding chapter on applicable jurisprudence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Pleadings in GST (Chapters 26–30)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Converts that commentary into drafting practice with ready-to-adapt model pleadings: replies to notices, departmental engagement, appeal memos, Appellate Tribunal pleadings, and the inherent powers of the GSTAT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGranular, Sub-Headed Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Within each chapter, the treatment is granular and sub-headed (\u003cem\u003eoverview → anatomy → limitation → scope → defects → response\u003c\/em\u003e), so the book works both as a cover-to-cover read and as a desk reference to open the moment a specific notice lands\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485205848087,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/HowtoDealwithGSTShowCauseNoticeswithPleadings.png?v=1788519056"},{"product_id":"income-tax-act-allied-laws","title":"Income tax Act \u0026 Allied Laws","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-tax Act \u0026amp; Allied Laws\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a first-of-its-kind interdisciplinary legal commentary that maps, with statutory precision and courtroom depth, exactly where and how the Income-tax Act 2025 collides with, qualifies, supplements, and sometimes overrides ten other major Indian statutes. The premise of the book is both bold and self-evident: income, as the economic substratum of all human activity, permeates every field of law, and yet the legal profession has historically treated taxation as a discipline in isolation. Courts adjudicate matrimonial disputes, cheque dishonour cases, benami attachment proceedings, PMLA prosecutions, and corporate fraud matters with near-complete disregard for what the Income-tax Act has already established about the financial position of the parties—often to the material detriment of the outcome.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe commentary covers eleven distinct statutory intersections across twelve chapters, progressing from the foundational structure of the ITA 2025 through matrimonial law, evidentiary law, civil law, negotiable instruments law, benami law, GST, PMLA, black money law, cash regulation, and corporate law. Each chapter is built around verbatim reproduction of the key provisions of both the ITA and the allied statute, followed by the author's detailed analytical notes, cross-statutory mapping, annotated case law with ratio extracted, and a structured FAQ section designed for deployment-ready use by practitioners in drafting, litigation, advisory, and adjudication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is explicitly addressed to a multi-disciplinary readership that extends well beyond the conventional income tax audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in civil, criminal, family, corporate, and commercial domains who encounter financial evidence, income disclosures, or tax-linked claims in their matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Consultants and Chartered Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who need to understand the cross-statutory implications of their advisory work\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax Managers, CFOs, and Finance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must navigate simultaneous obligations under the ITA, CGST, PMLA, and Companies Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Tax Advisors and Wealth Management Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e dealing with cross-border transactions, foreign asset disclosures, and double taxation frameworks\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRevenue Officers and Departmental Representatives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who handle prosecution, search, survey, and enforcement proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMembers of the Judiciary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—Trial Court judges, ITAT Members, and High Court benches—who must assess the admissibility and weight of income tax records as evidence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians and Law Students \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003epursuing tax law, constitutional law, or interdisciplinary legal studies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the First Edition, amended by the Finance Act 2026 and authored by Adv. Ruchesh Sinha, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eVerbatim Statutory Reproduction with Section-by-Section Author's Notes\u003c\/strong\u003e] This is the defining structural feature of the book. Every key provision of both the Income-tax Act and the allied statute under discussion is reproduced verbatim, followed immediately by a detailed 'Author's Note' that explains the provision's legal principle, its operative scope, its limitations, and its cross-statutory implications. This approach is applied consistently across all chapters, transforming the book into both a primary text and an annotated commentary, eliminating the need to cross-reference bare acts. The Author's Notes are substantive analytical paragraphs that identify the legislative intent, interpretive boundaries, evidentiary implications, and practical consequences of each provision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFull ITA 2025 vs. ITA 1961 Cross-Reference Architecture\u003c\/strong\u003e] The book recognises that the Income-tax Act 2025 uses entirely renumbered sections. Since most ongoing litigation, assessments, appellate proceedings, and prosecutions continue to be governed by the 1961 Act, while new filings and returns fall under the 2025 Act, the book provides, in every instance, the precise correspondence: 'Section X of the Income-tax Act 2025 (\u003cem\u003ecorresponding to Section Y of the Income-tax Act 1961\u003c\/em\u003e).' This dual-section cross-reference runs through every statutory citation, every case law reference, and every FAQ answer across the entire book, making it equally useful for matters arising under both versions of the statute\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Amendments Integrated and Flagged\u003c\/strong\u003e] The book incorporates the Finance Act 2026 amendments, including the significant change to the tax rate on unexplained credits, investments, and expenditures under Section 195 of ITA 2025 (\u003cem\u003ecorresponding to Section 115BBE of ITA 1961\u003c\/em\u003e)—reduced from 60% to 30% under the Finance Bill 2026—and the deliberate dilution of the prosecution rigour under Section 478 (\u003cem\u003ecorresponding to Section 276C\u003c\/em\u003e). These legislative changes are not merely noted but contextualised within the broader anti-evasion framework of the statute\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDetailed Case Law with Structured Format and Extracted Principles\u003c\/strong\u003e] Each case covered in the book is presented in a rigorous, structured format: Court, Names of parties, Date of order, Full citation, Bench composition, whether the order is in favour of the assessee or the revenue, a keyword summary, a detailed statement of facts, the holding of the court, and, crucially, a discrete section titled 'Principle(s) that emerge' which distils the ratio into a deployable legal proposition. The case law spans from landmark Supreme Court decisions (some dating to the 1950s) to 2025 High Court and ITAT orders, ensuring both doctrinal depth and contemporary relevance.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eChapter-End FAQs Designed for Practical Use\u003c\/strong\u003e] Every chapter closes with a Frequently Asked Questions section, typically 10–19 questions in length, built from the synthesis of statutory provisions, case law, and the author's litigation experience. These are not textbook-style questions. They are structured as a professional would pose them in an advisory context; 'Can penalties for violation of cash provisions be imposed automatically?'; 'Does splitting cash receipts into smaller amounts avoid Section 186?'; 'Whether prosecution can be initiated against a director without treating him as Principal Officer under Section 2(85)?'; 'Does income tax law override civil laws such as contract or property law?'—with precise, citation-grounded answers that can be used directly in arguments, pleadings, and advisory opinions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIllustrations and Practical Scenarios\u003c\/strong\u003e] The book includes concrete illustrations embedded within chapters—not relegated to footnotes or example boxes. A wholesale trader accepting ₹3.5 lakh in cash from a single buyer through split receipts during a festival season, triggering Section 186 and KYC reporting; a company issuing shares with premium to shell investor entities that lack creditworthiness under Section 102; a trader whose GST turnover exceeds income-tax disclosed turnover, triggering automated scrutiny—these worked scenarios demonstrate precisely how abstract statutory intersections play out in commercial and litigation reality\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFirst-of-Its-Kind Scope\u003c\/strong\u003e] Indian legal publishing has detailed commentaries on the Income-tax Act in isolation and equally detailed treatises on matrimonial law, evidence law, PMLA, and corporate law in their own silos. No resource has systematically mapped the ITA against the full spectrum of allied laws—personal, civil, criminal, economic, and corporate—in a single, structured work. This book occupies that gap\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — Understanding the Essence of This Book\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEstablishes the conceptual foundation: why income, as the fulcrum of all financial activity, makes the Income-tax Act the most cross-cutting legislation in the Indian statute book. Covers the relevance of ITRs in loan applications, visa processing, matrimonial disputes, property transactions, negotiable instrument litigation, and criminal prosecution. Introduces all downstream chapters through a thematic overview\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — Basic Structure of the Income-tax Act 2025\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA primer on the ITA 2025 for non-tax professionals. Covers the structure, key operative provisions, the effect of the repeal of ITA 1961, ITR forms (\u003cem\u003eITR-1 through ITR-7\u003c\/em\u003e), e-filing mandates, Annual Information Statement, inter-department data sharing (\u003cem\u003eIncome Tax–CGST–ED\u003c\/em\u003e), and the mechanism of financial surveillance. This chapter equips the non-tax reader before the cross-statutory analysis begins\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — Income Tax Law and Personal Laws (Matrimony Laws) | A Deep Dive\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers the intersection of income tax provisions with the Hindu Marriage Act, Special Marriage Act, Muslim Personal Law, and related matrimony statutes. Analyses how maintenance claims, dowry allegations, and settlement quantum are tested against ITR disclosures. Includes case law from High Courts and the Supreme Court (\u003cem\u003enotably Rajnesh v. Neha, Kiran Tomar v. State of UP, and multiple Delhi High Court decisions\u003c\/em\u003e) and concludes with FAQs for practitioners handling matrimonial and family law matters\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — The Interface Between Income Tax Law and Evidentiary Standards\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePerhaps the most technically dense chapter, covering the admissibility of income tax records, ITRs, assessment orders, and electronically seized data as evidence under the Indian Evidence Act (\u003cem\u003enow Bharatiya Sakshya Adhiniyam\u003c\/em\u003e), the Bankers' Books Evidence Act, and the Information Technology Act. Addresses Section 65B certification requirements for digital evidence, the evidentiary value of unproven ITR copies, and the admissibility threshold in prosecution proceedings. Key cases include Anvar P.V. v. Basheer, Arjun Panditrao Khotkar, and CBI v. Shukla (V.C.) (Jain Hawala Case)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Where Income Tax Meets Civil Laws\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAnalyses the intersection of the ITA with the Transfer of Property Act 1882, the Specific Relief Act 1963, and the Indian Contract Act 1872. Covers capital gains implications in property suits, the tax significance of possession vs. title in specific performance proceedings, enforceability of contracts with tax-inconsistent financial terms, and the role of income disclosures in civil evidence. Includes RBANMS Educational Institution v. Gunashekar and related High Court decisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — Interplay Between Income Tax Act 2025 and Negotiable Instruments Act 1881\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAddresses the fundamental question of how the financial capacity of the lender—as documented in ITRs—is increasingly treated by courts as a necessary element of proof in cheque dishonour cases under Section 138 NI Act. Analyses how undisclosed income or cash-based lending creates a trap that defeats both the creditor's enforcement claim and the debtor's defence. Key cases: Hari (P.C.) v. Shine Varghese, Prakash Desai v. Dattatraya Desai, Sanjabij Tari v. Kishore S. Borcar (SC, 2025)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — How the Income Tax Act Intersects with the Benami Transactions (Prohibition) Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA detailed analysis of the operative linkages between ITA and PBPT Act, including source-of-funds analysis, burden of proof, the interplay of ITA reassessment and Benami attachment proceedings, and the relevance of income disclosures in identifying beneficial ownership. Covers UOI v. Ganpati Dealcom (\u003cem\u003eSC, 2022 and 2024\u003c\/em\u003e), Smt. P. Leelavathi v. Shankarnarayana Rao, and the recent Hebes Electronics PBPT order of January 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — The Impact of Income Tax Act on Goods and Services Tax Laws\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers inter-departmental data sharing between Income Tax and CGST authorities, the admissibility of income tax assessment findings in GST proceedings, common provisions on books of account, search and seizure, and prosecution. Reviews CIT-III v. Kaypee Mechanical (\u003cem\u003eGujarat HC\u003c\/em\u003e), JM Jain v. UOI (\u003cem\u003eDelhi HC, 2025\u003c\/em\u003e), CBI v. Shukla (\u003cem\u003eV.C.\u003c\/em\u003e), and the evidentiary crossover in tax fraud investigations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — Where Tax Law Meets Money Laundering Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAnalyses the interface between the ITA and the Prevention of Money Laundering Act 2002 (PMLA). Covers the twin doctrines of 'proceeds of crime' and 'scheduled offence,' the mandatory referral and information-sharing obligations between the Income Tax Department and the Directorate of Enforcement, attachment proceedings, the Supreme Court's landmark ruling in Vijay Madanlal Choudhary v. UOI, and prosecution overlap between ITA Chapters XXI and PMLA Section 3\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — Income Tax Law and Black Money Act | A Deep Dive\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 in detail—its provisions for taxation and penalty on foreign assets not disclosed in ITRs, the link to prosecution under ITA, and the rigorous evidentiary requirements for proving undisclosed foreign income. Includes an extensive section of eight recent ITAT and High Court decisions from 2021–2025 on undisclosed foreign assets, search assessments, and Black Money Act prosecutions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Cash in Everyday Life and Income Tax Law | Use, Abuse and Regulation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA comprehensive review of all cash transaction restriction provisions under the ITA—Sections 269SS, 269T, 269ST, and related disallowance and penalty provisions. Covers cash-based property transactions, charitable receipts, loan repayments, and the systemic linkage between cash economy documentation and evidentiary sufficiency in civil and criminal disputes. Over 15 Supreme Court and High Court decisions are analysed, covering the threshold-based penalty framework and judicial interpretation of 'reasonable cause'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Corporate Regulation and Taxation: A Study of the Income Tax Act and the Companies Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAddresses the corporate veil, director liability, prosecution of corporate officers, and the significant overlap between Companies Act compliance obligations and ITA scrutiny provisions. Covers Salomon v. Salomon, Iridium India Telecom v. Motorola, Standard Chartered Bank v. Directorate of Enforcement, PCIT v. NRA Iron \u0026amp; Steel, and SMS Pharmaceuticals v. Neeta Bhalla in the context of officer liability and disregard of separate legal personality across both statutes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a consistent, replicable architecture across all twelve chapters that serves simultaneously as a reference text and a reading commentary:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Establishes the practical stakes and the nature of the statutory intersection, typically with worked fact patterns and conceptual framing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eKey Provisions of the Allied Statute \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Verbatim reproduction of operative provisions with section-by-section Author's Notes identifying legislative intent, scope, limitations, and cross-statutory implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eKey Provisions of the Income Tax Act (in relevant chapters)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Corresponding ITA provisions reproduced with the same depth of annotation, always with dual ITA 2025\/ITA 1961 cross-references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eImpact and Application Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The core analytical section: how ITA provisions bear on the allied law, with worked examples, transactional scenarios, and doctrinal analysis\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Law Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each case in the structured format: Court, Parties, Date, Citation, Bench, Party in whose favour, Keywords, Facts, Holding, and Principles that emerge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConcluding Note (in select chapters)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A synthesising paragraph drawing the chapter together with implications for practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFrequently Asked Questions (FAQs) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Typically 10–19 questions with precise, citation-grounded answers, structured for direct use in professional practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485229047831,"sku":null,"price":696.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-taxAct_AlliedLaws.png?v=1788519461"},{"product_id":"income-tax-act-1961","title":"Income Tax Act 1961","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Act 1961\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the most authoritative and complete Edition of India's principal direct tax statute, now in its 72\u003csup\u003end\u003c\/sup\u003e consecutive annual Edition. At over 1,800+ pages and spanning five self-contained Divisions, this Edition presents the full text of the Income-tax Act 1961 as it stands after every amendment effected by the Finance Act 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat distinguishes the 72\u003csup\u003end\u003c\/sup\u003e Edition from its predecessors is its expanded legislative scope. Beyond the core statute, it captures three additional primary law texts—the full Finance Act 2026 (\u003cem\u003ewhich amends both the Income-tax Act 1961 and the newly enacted Income-tax Act 2025 in parallel\u003c\/em\u003e), the Securities Transaction Tax and Commodities Transaction Tax provisions with updated rates, and—appearing in print for the first time in Taxmann's ITA series—the Foreign Assets of Small Taxpayers Disclosure Scheme 2026, a new amnesty-type voluntary disclosure framework introduced under Chapter IV of the Finance Act 2026. The Edition is designed to serve simultaneously as a legislative reference, a compliance tool, a research base, and a professional quick-reckoner. Its architecture—dual section-page indexing, comprehensive amendment-history footnoting, and an integrated Appendix of allied provisions—makes it functional as a complete single-volume direct tax library for most day-to-day professional needs.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis title is essential for every category of direct tax professional and student:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners and Chartered Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor return filing, assessment, appeals, withholding tax compliance, transfer pricing documentation, and advisory work. The section-level amendment history in footnotes is particularly valuable for multi-year matters involving prior assessment years\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Tax Lawyers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor appearances before Income Tax Authorities, the Income Tax Appellate Tribunal, High Courts, and the Supreme Court. The complete text of penalty, prosecution, and appeals provisions across Chapters XX through XXII provides the foundational statutory reference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries, CFOs, and In-House Tax Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor managing corporate tax positions, TDS\/TCS obligations, transfer pricing, MAT\/AMT, and the concessional corporate tax regimes under Sections 115BAA, 115BAB, 115BAC, 115BAD, and 115BAE\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRevenue Officers and ITAT Members\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor an up-to-date, authoritative text of the statute with complete amendment history\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCA Final, LL.B., and Allied Examination Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewhere the Income-tax Act is a core examined statute, this bare-act edition provides the full text at the correct amendment level\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal Researchers and Academics\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor legislative history research, comparative tax law analysis, and policy work\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication, in its 72\u003csup\u003end\u003c\/sup\u003e Edition | 2026, upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act 2026. The book is authored and edited by Taxmann's Editorial Board, continuing its legacy as a cornerstone in Direct Tax, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete, Section-by-Section Amended Text of the Income-tax Act 1961\u003c\/strong\u003e] Every section of the Act across all 23 Chapters, every Rule and every Schedule, is reproduced in full as amended and currently in force. Provisions inserted, substituted, or omitted by each amending statute since 1961 are clearly indicated inline\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExhaustive Amendment-history Footnoting\u003c\/strong\u003e] Each page of the substantive text carries numbered footnotes precisely recording: the amending statute (\u003cem\u003eFinance Act, Direct Tax Laws (Amendment) Act, Taxation Laws (Amendment) Act, etc.\u003c\/em\u003e), the effective\/retrospective date, and the exact nature of the change (\u003cem\u003einsertion, substitution, or omission\u003c\/em\u003e). This allows practitioners to reconstruct the law as it stood at any particular point in time—critical for reassessment proceedings, block assessment cases, and appeals relating to prior years\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Text of Finance Act 2026 as a Separate Division\u003c\/strong\u003e] The complete Finance Act 2026 is reproduced in Division Two with its own Arrangement of Sections covering Chapters I through IV\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDual-Statute Coverage in the Finance Act Division\u003c\/strong\u003e] The Finance Act 2026 amends both the Income-tax Act 1961 and the Income-tax Act 2025 (\u003cem\u003ethe re-codification which was enacted as Act No. 30 of 2025\u003c\/em\u003e). This Edition captures both sets of amendments, making it the essential reference during the current transitional period where both statutes co-exist operationally. Practitioners advising on the new tax regime transition, AY 2026–27 rates, or compliance under the 2025 Act will find this dual coverage indispensable\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSignificant Finance Act 2026 Amendments Incorporated\u003c\/strong\u003e] Key changes captured across the text include:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAmendments to Sections 92CA (Transfer Pricing Officer reference), 139 (return filing), 140B (tax on updated return), 143\/143B\/143C (assessment and faceless assessment), 148 (escaped income notices), 150 (assessment in pursuance of appellate orders), 153\/153B (time limits for assessment), 220\/222 (tax recovery), 245MA (Dispute Resolution Committee), 254 (ITAT orders)\u003c\/li\u003e\n\u003cli\u003eSignificant Overhaul of the Penalties Chapter – Sections 270A, 270AA, 271, 271B, 272, and related provisions—including new substitutions for the penalty provisions governing failures that previously stood under Sections 271BB, 271BBB, 271BBBB, 271BBBBB and 271C\u003c\/li\u003e\n\u003cli\u003eNew Sections Inserted – 145A (method of accounting in certain cases), 235-I, and 354A (merger of registered non-profit organisations)\u003c\/li\u003e\n\u003cli\u003eOmission of Part V (arrest and detention of defaulters) from the Second Schedule to the Act, effective 30 March 2026—a significant procedural change in tax recovery law\u003c\/li\u003e\n\u003cli\u003eAmendments to Sections 279, 280, 283 (prosecution procedure), 286 (international group reporting), 295 (rule-making power), 296, 332, 349, 351, 352, 354, 393 (TDS on various payments), and 394\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eRevised STT Rates Integrated\u003c\/strong\u003e] The Finance Act 2026 revises Securities Transaction Tax rates. The updated rates—options in securities (revised to 0.15%), exercise of options (0.15%), futures (revised to 0.05%), and equity-oriented fund units—are captured in the fully amended text of Division Three, with detailed footnotes recording the pre-amendment rates and effective dates\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026 (New Division)\u003c\/strong\u003e] Division Five reproduces the full text of this new voluntary disclosure scheme under Sections 130–144 of the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection–Page Dual-Column Index (Arrangement of Sections)\u003c\/strong\u003e] Every Division opens with a section-number and page-number index in dual-column format, enabling immediate navigation to any provision without passing through the main index. The Arrangement for Division One alone runs across 40 pages, covering all 298 sections and all 14 Schedules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Allied Acts Appendix\u003c\/strong\u003e] The Appendix to Division One reproduces the full text of provisions from allied statutes and circulars cross-referenced within the Act. The allied acts list covers over 50 enactments and regulatory instruments. The full text of these provisions is reproduced, eliminating the need to cross-reference separate statute collections in most analytical work\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSubject Index\u003c\/strong\u003e] A detailed alphabetical and topical Subject Index to the Income-tax Act 1961, supporting keyword-based and topic-led navigation alongside the section-number index at the front\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Income-tax Act 1961\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe core division reproduces the complete, chapter-wise text of the Act across its 23 Chapters and all associated Schedules\u003c\/li\u003e\n\u003cli\u003eAppendix – Allied Acts and Circulars cross-referenced in the Act, reproduced in full\u003c\/li\u003e\n\u003cli\u003eSubject Index – Alphabetical topical index to the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Finance Act 2026\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Securities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the STT provisions (Chapter VII of Finance (No. 2) Act, 2004), incorporating Finance Act, 2026 revisions to STT rates on options (revised to 0.15%), futures (revised to 0.05%), and related taxable securities transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Four — Commodities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the CTT provisions with all amendments current to the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Five — Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (New)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of this newly introduced scheme—a one-time disclosure framework for small taxpayers with undisclosed foreign assets\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised across five self-contained Divisions, each prefaced with its own Arrangement of Sections (or Paragraphs). Division One is extensively annotated, with its Subject Index. Divisions Two through Five are independently paginated, allowing each to be referenced without displacement of the primary Act's page numbering. Within the text of the Act, each section carries:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eA bold section number and descriptive heading\u003c\/li\u003e\n\u003cli\u003eThe substantive text of the provision\u003c\/li\u003e\n\u003cli\u003eNumbered footnotes at the page foot recording the amendment history of each sub-section, clause, or proviso, including the effective date and the amending statute\u003c\/li\u003e\n\u003cli\u003eCross-reference footnotes pointing to Taxmann's ancillary publications for case-law or definitional commentary\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Schedules follow the Act in sequence, and the Appendix reproduces allied provisions in the order in which they are referenced across the Act, facilitating direct, context-linked reading.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485365461015,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxAct1961.png?v=1788521614"},{"product_id":"indian-accounting-standards-ind-as","title":"Indian Accounting Standards (Ind AS)","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIndian Accounting Standards (Ind AS) \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a comprehensive, single-volume compendium that reproduces the complete, authenticated text of every Indian Accounting Standard notified under the Companies Act 2013, together with the Companies (Indian Accounting Standards) Rules 2015, the Schedule to those Rules, and an extensive, practitioner-oriented Guide to Indian Accounting Standards that decodes the entire framework in plain, application-ready language.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat distinguishes this volume from an ordinary bare-text compilation is its annotation. The text is threaded with 489 numbered amendment footnotes that record precisely how each paragraph reached its present form—noting whether it was inserted, substituted, or omitted, by which amendment rules, and with effect from which date. These annotations trace the full amendment lineage from the Companies (Indian Accounting Standards) (Amendment) Rules 2016 right through to the Amendment and Second Amendment Rules 2025. For a professional taking a technical position, drafting an audit file note, or defending a treatment before a regulator, this amendment trail is the difference between a book you read and a book you rely on.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition (2026) has been fully updated to reflect the law as amended by the Companies (Indian Accounting Standards) Second Amendment Rules 2025, with the law stated as updated till 1\u003csup\u003est\u003c\/sup\u003e July 2026—making it current, authoritative, and ready for the 2026 reporting cycle.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIndia adopted a \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003econvergence\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e approach rather than full adoption of IFRS, and the book takes that distinction seriously: it devotes dedicated sections to the carve-ins and carve-outs that make Ind AS contextually appropriate to the Indian economy, legal environment, and commercial practice—and every standard closes with an \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eAppendix 1\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e setting out where and why Ind AS departs from its international counterpart. There are 40 such appendices in the volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book serves anyone who prepares, audits, advises on, teaches, or studies financial statements under the Ind AS framework:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants (CAs), Company Secretaries (CSs) and Cost \u0026amp; Management Accountants (CMAs)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—in practice and in industry\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatutory, Internal and Forensic Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, who need the authenticated text plus the amendment history to evidence which version of a paragraph applied in a given reporting period\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCFOs, Financial Controllers, and Finance \u0026amp; Accounts Teams of Companies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e reporting under Ind AS\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePreparers of Standalone and Consolidated Financial Statements\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, navigating first-time adoption, business combinations, financial instruments, leases, revenue, and impairment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInsurers and their Advisers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, for whom the retained text of Ind AS 104 in the Schedule remains directly relevant\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Faculty in CA\/CS\/CMA and University Accounting and Finance Programmes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—the bare text, the Guide, and the comparison tables together form a complete study companion\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal, Compliance and Secretarial Professionals, and Regulators, Consultants and Advisers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring an authoritative, current reference on Indian accounting law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 9\u003csup\u003eth\u003c\/sup\u003e Edition, updated till 1\u003csup\u003est\u003c\/sup\u003e July 2026, edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComplete \u0026amp; Authenticated Text\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Every notified Indian Accounting Standard is reproduced in full and in the officially notified sequence, preserving the statutory convention that paragraphs set in bold type and in plain type have equal authority, with bold type indicating the main principles\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e489 Numbered Amendment Footnotes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The volume's single most valuable feature. Each records the exact change (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eInserted by…\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eSubstituted for…\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eOmitted by…\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) together with the notifying rules and the effective date, spanning the 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 and 2025 amendment rules. Substitutions and insertions dominate, and many footnotes reproduce the superseded wording verbatim (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ePrior to its omission, paragraph D9A read as under\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e). Amendment history is not summarised; it is embedded paragraph by paragraph\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFully Updated for 2026\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Incorporates the Companies (Indian Accounting Standards) Amendment Rules 2025 and the Second Amendment Rules 2025, with the law stated till 1\u003csup\u003est\u003c\/sup\u003e July 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eA 9-Part 'Guide to Indian Accounting Standards'\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A substantial guide opening the volume, covering the framework, the phased applicability roadmap, first-time adoption, the conceptual framework, an Ind AS vs. AS comparison, MAPI FAQs, and a two-part treatment of Ind AS vs. IFRS\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e40 IFRS\/IAS Comparison Appendices\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] An \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eAppendix 1\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e at the end of every standard highlights the major differences between it and its international counterpart—40 such appendices in total (\u003cem\u003e17 measured against IFRS, 23 against IAS\u003c\/em\u003e), covering all 39 live standards plus Ind AS 104 in the Schedule. Each carries the express caveat that the appendix \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eis not a part of\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e the standard. (\u003cem\u003eInd AS 101's is headed \u003c\/em\u003e\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eMajor differences between Ind AS 101 and IFRS 1\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e; the remainder read \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eComparison with IFRS\/IAS …\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eComplete Appendix Architecture Preserved\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] For each standard: Defined terms, Application guidance, References to matters contained in other Indian Accounting Standards, Effective date and transition, and the erstwhile interpretations now folded in as appendices (\u003cem\u003ee.g., Service Concession Arrangements; Changes in Existing Decommissioning, Restoration and Similar Liabilities\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eOmitted Standards Retained as Annotated Placeholders\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Ind AS 11 (\u003cem\u003eConstruction Contracts\u003c\/em\u003e), Ind AS 17 (\u003cem\u003eLeases\u003c\/em\u003e) and Ind AS 18 (\u003cem\u003eRevenue\u003c\/em\u003e) are not silently dropped: each appears in its proper place with a bracketed note recording its omission and its prior amendment history, so historical positions remain traceable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eThe Full Ind AS 104 Story, Told Accurately\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Ind AS 104 (\u003cem\u003eInsurance Contracts\u003c\/em\u003e) was omitted from the Annexure by the Amendment Rules 2024, w.e.f. 12-8-2024—and then reinstated in full as the Schedule by the Third Amendment Rules 2024, w.e.f. 28-9-2024. The book carries both: the annotated placeholder in the main body, and the complete retained text in the Schedule, for insurers still entitled to apply it alongside the arrival of Ind AS 117\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e15 Detailed MAPI FAQs\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Fifteen FAQs on Material Accounting Policy Information, addressing the amendment to Ind AS 1 and clarifying the shift from disclosing \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003esignificant accounting policies\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e to disclosing \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ematerial accounting policy information\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eReader-friendly Navigation\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A detailed contents map with page references against each standard, plus running heads carrying the standard name and paragraph\/appendix reference on every page, enabling fast and precise look-ups\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume brings together the three layers of the Ind AS framework—the interpretive guide, the enabling rules, and the standards themselves—plus the Schedule.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGuide to Indian Accounting Standards (9 Sections)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the competing reporting frameworks (\u003cem\u003eIFRS, US GAAP, AS, Ind AS\u003c\/em\u003e); why harmonisation matters; India's decision to adopt a convergence rather than full adoption approach\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eEffective dates and applicability\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the MCA roadmap announced in February 2015:\u003c\/span\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eVoluntary\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e adoption for periods beginning on or after 1\u003csup\u003est\u003c\/sup\u003e April 2015\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePhase 1\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e (\u003cem\u003emandatory, from 1\u003csup\u003est\u003c\/sup\u003e April 2016\u003c\/em\u003e): listed\/to-be-listed companies with net worth ≥ ₹500 crore; other companies with net worth ≥ ₹500 crore; and their holding, subsidiary, joint venture and associate companies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePhase 2\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e (\u003cem\u003emandatory, from 1\u003csup\u003est\u003c\/sup\u003e April 2017\u003c\/em\u003e): listed\/to-be-listed companies with net worth \u0026lt; ₹500 crore; unlisted companies with net worth ≥ ₹250 crore but \u0026lt; ₹500 crore; and their group companies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePlus the critical practical rules\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—adoption is irreversible; group companies are pulled in automatically; thresholds are tested on standalone financials as at 31\u003csup\u003est\u003c\/sup\u003e March 2014; SME-exchange-listed companies are exempt (\u003cem\u003ethough they may adopt voluntarily\u003c\/em\u003e); and banks, NBFCs and insurers follow a separately announced roadmap\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFirst-Time Adoption of Ind AS and tts Challenges\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the transition date concept (\u003cem\u003ewith worked illustration\u003c\/em\u003e); principles for preparing the opening Ind AS Balance Sheet; the mandatory exceptions and optional exemptions under Ind AS 101; the requirement for at least three Balance Sheets, two Statements of Profit and Loss, two Statements of Cash Flows and two Statements of Changes in Equity; and the reconciliations explaining the transition from previous GAAP\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFormat and Framework of Ind AS Financial Statements\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—Ind AS prescribes no format; Division II of Schedule III to the Companies Act 2013 supplies the framework and minimum requirements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eConceptual Framework for Financial Reporting under Ind AS\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—objectives and limitations of general purpose financial reporting; relevance, materiality and comparability; the cost constraint; the elements of financial statements; recognition, measurement, derecognition, presentation and disclosure; capital maintenance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDifferences Between Ind AS and Accounting Standards (as Notified in the Companies (Accounting Standards) Rules 2021)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—an itemised treatment covering other comprehensive income and the statement of changes in equity; MAPI; the removal of extraordinary items; retrospective correction of prior period errors; the third balance sheet; the balance sheet vs. income statement approach to deferred tax; past service cost and actuarial gains\/losses; functional vs. presentation currency; useful life of intangibles; irreversibility of goodwill impairment; constructive obligations; fair value in business combinations; the control model for consolidation; financial instruments; fair value measurement; and lessee right-of-use accounting.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFrequently Asked Questions on Material Accounting Policy Information (MAPI)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—15 FAQs unpacking the MCA notification amending Ind AS 1 (\u003cem\u003eincluding the newly inserted Para 139V\u003c\/em\u003e) and the imported Ind AS 8 definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eaccounting policies\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e (\u003cem\u003eprinciples, bases, conventions, rules and practices\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eComparison Between Ind ASs and IFRSs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the carve-outs and carve-ins, explained with reasons: the deemed-cost option for PPE and intangibles on transition; long-term foreign currency monetary items; common-control business combinations (\u003cem\u003eAppendix C to Ind AS 103\u003c\/em\u003e); bargain purchase gain routed to OCI and capital reserve rather than profit or loss; EPS disclosure relief; and Ind AS 40's cost-model-only requirement for investment property\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eTabular Comparison of Ind AS with Corresponding IFRS\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—a clean, at-a-glance mapping table of every Ind AS against its IFRS\/IAS counterpart\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompanies (Indian Accounting Standards) Rules 2015\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eRules 1–5 in full—short title and commencement; definitions; applicability of accounting standards; obligation to comply with Ind AS; and exemptions—followed by the Annexure (\u003cem\u003eGeneral Instructions, and the standards themselves\u003c\/em\u003e), each carrying its own amendment footnotes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Complete Text of All Notified Indian Accounting Standards\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eInd AS 101–117\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInd AS 1–41\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Schedule\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eThe concluding Schedule reproduces the complete text of Ind AS 104, Insurance Contracts, retained for insurers entitled to continue applying it. Inserted by the Companies (Indian Accounting Standards) Third Amendment Rules 2024, w.e.f. 28\u003csup\u003eth\u003c\/sup\u003e September 2024, it carries its own objective, scope, appendices and comparison notes against IFRS 4\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume follows a deliberate three-movement progression—context → law → application — with a fourth, specialist coda.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGuide\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Before a reader meets a single paragraph of bare text, the nine-part Guide establishes why Ind AS exists, who must apply it, when, how an entity transitions to it, and where it departs from both the old Accounting Standards and IFRS. Standards are therefore approached with the conceptual scaffolding already in place\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Companies (Indian Accounting Standards) Rules 2015 establish applicability, the obligation to comply, and exemptions. This is the legal foundation on which every subsequent standard rests, and it is itself subject to amendment.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStandards Appear in Notified Sequence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The full text of each Ind AS follows in official order—Ind AS 101 through 117, then Ind AS 1 through 41—mirroring the arrangement in the notified Rules rather than renumbering them for convenience\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSchedule\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — It closes the volume, carrying the retained text of Ind AS 104\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNavigation is supported by a detailed front-of-book contents map with page references against every standard, and by running heads on each page that carry the standard's name alongside the paragraph or appendix reference—so a reader chasing 'Ind AS 12, Para 22' or 'Ind AS 105, Appendix C' can land on it directly\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485393379351,"sku":null,"price":1606.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/IndianAccountingStandards_IndAS.png?v=1788522052"},{"product_id":"industrial-relations-code-law-manual","title":"Industrial Relations Code Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIndustrial Relations Code Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's authoritative single-volume working reference on India's industrial relations statute as it now operates in practice. The 2026 Edition is built around the editorial position that the Industrial Relations Code 2020 must be read as a system: the statute together with the rules made under it, the Model Standing Orders adopted under it, the transitional instruments, the implementation notifications and the cross-Code compliance machinery that surrounds it. The Manual brings all of these into one volume and arranges them so the reader can move between them in the order their work actually requires—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, prescribed form, jurisdictional notification, FAQ, compliance checklist—without leaving the book.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual also incorporates the Industrial Relations (Central) Rules 2026, the Model Standing Orders 2026 and a cluster of further designation, delegation and recovery notifications under the Code; this Edition is the first to carry the Code with that full implementation machinery in place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Industrial Relations Code as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Industrial Relations and Compliance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in factories, mines, plantations, large-format service-sector establishments and Central-Sphere PSUs who have to reconfigure their standing orders, retrenchment processes, recognition protocols and dispute-resolution workflows under the new regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on negotiating-union recognition, certification of Standing Orders, conciliation, Industrial Tribunal proceedings, retrenchment cases and the higher-threshold framework for the 300-worker establishment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Union Office-Bearers and Federations \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003enavigating the new recognition thresholds, the membership-reporting regime and the rights and disqualifications attaching to office-bearers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConciliation Officers, Inspector-Cum-Facilitators, Industrial Tribunal Members and Government Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in the Ministry of Labour \u0026amp; Employment and State Labour Departments who need a single citation-safe source\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChambers of Commerce, Employer Federations and ER Advisory Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003einterpreting fixed-term employment, the Worker Re-skilling Fund obligation and the Bi-partite Forums framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Researchers and Students of Labour Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e across LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module, who need the consolidated text along with comparative reference to the three legacy Acts the Code replaces\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, updated till 8\u003csup\u003eth\u003c\/sup\u003e May 2026. It is authored\/edited by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour-Layer Per-Section Treatment\u003c\/strong\u003e] Each section in Division One opens with the statutory text and the Corresponding Provision flag tying it back to the legacy Acts, then carries a Section Notes block that restates the operative content in plain-language bulleted form for quick recall, a Comments block of editorial restatement keyed by section number (\u003cem\u003ewith a nutshell synopsis followed by sub-numbered notes on the points that practitioners will actually argue\u003c\/em\u003e), and—where the section has been substantively litigated—a Relevant Case Laws block carrying the line of decisions that bears on its interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePurpose-Built Concordance Tables\u003c\/strong\u003e] The preliminary part carries four concordance tables: from the Code into the three legacy Acts, and from each of the three legacy Acts back into the Code. The tables sit before the statutory text rather than at the back of the volume, on the editorial grounds that the buyer transitioning from a long-established legacy practice will start there\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLong-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, the Comparative Study reads the Code provision-by-provision against the three legacy Acts and flags every substantive change—meant to be read in sequence for transitional understanding rather than dipped into as a lookup\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIndustrial Relations (Central) Rules 2026 in Full\u003c\/strong\u003e] The full text of the operative Central Rules notified on 8-5-2026 is reproduced with the prescribed statutory Forms, organised across its full chapter sequence\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eModel Standing Orders 2026 in Full with All Three Sector Schedules\u003c\/strong\u003e] Schedules are reproduced in full alongside the Central Rules. Because an employer's certified Standing Orders must be drawn against the operative Model, and because the Model itself is deemed to apply pending certification, the in-volume reproduction is what makes this Manual an end-to-end compliance document for the Standing Orders regime—the reader does not have to step outside the book to draft, modify or contest a certification\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTransitional Instrument Reproduced in Full\u003c\/strong\u003e] The Industrial Relations Code (Removal of Difficulties) Order 2025—is reproduced in full, at the point in Division One where a transitional reading is likely to be required\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before Tribunals and High Courts often turn on these materials\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIn-Volume Appendix of Cross-Referenced Statute\u003c\/strong\u003es] Where the Code refers to a provision of another Act—the Apprentices Act 1961, the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970 and several others—the referenced provision is reproduced in an Appendix, so the reader does not have to leave the volume to locate it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eConcept-Led Subject Index\u003c\/strong\u003e] The index is built around the way HR and IR professionals actually search—retrenchment, lay-off, closure, standing orders, negotiating union, negotiating council, strikes, lock-outs, unfair labour practices, Tribunal, conciliation, registration of Trade Union, Works Committee, Grievance Redressal Committee, Worker Re-skilling Fund—rather than around the section list\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Notifications and Clarifications Module\u003c\/strong\u003e] Division Three reproduces the principal enforcement notification, the separate notification fixing the effective date of repeal of the three legacy Acts and the full implementation cluster—each reproduced in full with the jurisdictional tables that allocate work across the Chief Labour Commissioner (Central), Additional CLC, Deputy CLCs and Regional Labour Commissioners\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Code Frequently Asked Questions\u003c\/strong\u003e] A four-part FAQ module covers all four Labour Codes—twelve FAQs on the Code on Wages, nineteen on the Industrial Relations Code, nineteen on the OSH\u0026amp;WC Code, and a separate Additional FAQs module dated as on 16-3-2026 covering all four Codes. The IR FAQs, in particular, address the most frequently asked operational questions on strikes, retrenchment, fixed-term employment, conciliation, the two-tier Tribunal architecture, Bi-partite Forums, and the treatment of working journalists and sales promotion employees under the worker definition\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-Chapter Compliance Handbook for the Four Labour Codes\u003c\/strong\u003e] Division Three closes with a compliance reference for employers in the Central Government sphere, organised in chapters per Code—each anchored to specific section references and rendered as bullet-form obligation maps so the practitioner can move from a topic to a compliance action quickly\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and three numbered Divisions, each one corresponding to a distinct working purpose—transitional reading, statutory and interpretive reference, operative rule-making, and implementation and compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePreliminary Part | Transitional Anchor\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The preliminary part anchors the transitional reading, carrying the four concordance tables and the Comparative Study before the statutory text, so a reader coming in from legacy practice begins with the bridge between the old and the new\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One  | The Code and its Interpretive Apparatus\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division One carries the Industrial Relations Code 2020 in full with its four-layer per-section apparatus—statutory text, Corresponding Provision flag, Section Notes, Comments and Relevant Case Laws—together with the supporting interpretive materials including the Subject Index, the Removal of Difficulties Order 2025, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two |  Operative Rule-Making and Model Standing Orders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division Two carries the operative rule-making: the Industrial Relations (Central) Rules 2026 with the Schedule of statutory Forms, followed by the Model Standing Orders 2026 with its three sector Schedules for Mining, Manufacturing and Service establishments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division Three carries the implementation and compliance apparatus: the Notifications and Clarifications module, the cross-Code FAQs covering all four Labour Codes and the Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485408878615,"sku":null,"price":596.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/IndustrialRelationsCodeLawManual.png?v=1788522333"}],"url":"https:\/\/onlypadhai.in\/collections\/ca-professional-books.oembed?page=2","provider":"Only Padhai","version":"1.0","type":"link"}