A Compendium of Issues on Income Tax (in 2 Volumes)

Contents

Page
Preface ……………………………………………………………………………………………………………………. vii
About the Authors …………………………………………………………………………………………………….. ix
Index of Questions ………………………………………………………………………………………………….. xiii
Volume 1
Chapters
1 Introduction [Sections 1 to 4] ………………………………………………………………………………. 1
2 Scope of Total Income and Residential Status [Sections 5 to 9B] …………………………… 48
3 Incomes which do not form Part of the Total Income
[Sections 10, 10AA, 13A and 13B] …………………………………………………………………… 126
4 Computation of Total Income & Income under the Head ‘Salaries’
[Sections 14 & 14A] & [Sections 15 to 17] ………………………………………………………. 216
5 Income under the Head ‘Income from House [Sections 22 to 27] ………………………….. 296
6 Income under the Head ‘Profits and Gains of Business or Profession’
[Sections 28 to 44DB] …………………………………………………………………………………….. 339
7 Income under the Head ‘Capital Gains’ [Sections 45 to 55A] ………………………………. 779
8 Income under the Head ‘Income from Other Sources’
[Sections 56 to 59] ………………………………………………………………………………………… 1093
9 Income of Other Persons Included in Assessee’s Total Income (Clubbing of
Income) [Sections 60 to 65] …………………………………………………………………………… 1168
10 Cash Credit, Unexplained Investments, etc. [Sections 68 to 69D] ……………………….. 1187
11 Set off or Carry Forward and Set off of Losses [Sections 70 to 80] …………………….. 1235
12 Deductions to be Made in Computing Total Income [Sections 80A to 80U
(Chapter VIA)] …………………………………………………………………………………………….. 1294
13 Assessment of Individuals ……………………………………………………………………………… 1371
14 Assessment of Hindu Undivided Family ………………………………………………………….. 1404
15 Assessment of Firms (Including LLP) …………………………………………………………….. 1434
16 Assessment of Association of Persons …………………………………………………………….. 1463
17 Assessment of Co-operative Societies …………………………………………………………….. 1475
Volume 2
Chapters
18 Assessment of Trusts [Sections 11 to 13]…………………………………………………………. 1503
19 Taxation of Mutual Associations ……………………………………………………………………. 1641
xii A Compendium of Issues on Income Tax
20 Assessment of Companies ……………………………………………………………………………… 1656
21 Special Provisions Relating to Tax on Certain Incomes
[Chapters XII-DA, XII-EA, XII-F, XII-FA and XII-FB] ……………………………………. 1722
22 Tonnage Tax Scheme ……………………………………………………………………………………. 1742
23 Taxation of Non-residents with Special Reference to Chapters XII and XIIA of
Income-tax Act …………………………………………………………………………………………….. 1759
24 Return of Income and Procedure of Assessment ……………………………………………….. 1792
25 Search, Seizure & Survey [Sections 132, 132A, 132B, 133A] ……………………………. 1980
26 Deduction and Collection of Tax at Source [Sections 190 to 206CA] ………………….. 2018
27 Advance Payment of Tax [Sections 207-211, 218 & 219] ………………………………….. 2353
28 Interest and Fee [Sections 201(1A), 220(2), 234A, 234B, 234C, 234D, 234E,
234F, 234G,234H & 244A] ……………………………………………………………………………. 2361
29 Refunds [Sections 237 to 241 & 245] ……………………………………………………………… 2393
30 Settlement of Cases [Sections 245A to 245L] …………………………………………………… 2405
31 Advance Rulings [Sections 245N to 245V] ……………………………………………………… 2438
32 Appeals and Revision [Sections 246 to 264] …………………………………………………….. 2461
33 Penalties and Prosecutions …………………………………………………………………………….. 2567
34 Dispute Resolution Committee in Certain Cases [Section 245MA] …………………….. 2661
35 Income-tax Authorities [Sections 116 to 119]…………………………………………………… 2679
36 Business Reorganisation………………………………………………………………………………… 2715
37 Double Taxation Relief [Sections 90, 90A and 91] …………………………………………… 2746
38 Special Provisions Relating to Avoidance of Tax and General Anti-Avoidance
Rule (GAAR)
(Transfer Pricing Provisions for International Transactions and Other Provisions
relating to Avoidance of Tax)
[Chapter X, Sections 92 to 92F, 93, 94A, 94B and 95 to 102] …………………………….. 2771
39 Specified Domestic Transactions and Provision of Transfer Pricing Applicable to
Such Transactions
[Chapter X, Sections 92BA, 92, 92C, 92CA, 92CB, 92D, 92E & 92F] ………………… 2837
40 Liability in Special Cases [Chapter XV, Sections 159 to 179] ……………………………. 2851
41 Collection and Recovery of Tax [Sections 220 to 232] ……………………………………… 2885
42 Equalisation Levy [Chapter VIII of the Finance Act, 2016 as amended] ……………… 2914
43 Miscellaneous Provisions ………………………………………………………………………………. 2928
Table of Cases …………………………………………………………………………………………………….. 2999
Section Finding List ……………………………………………………………………………………………… 3138