About Direct Taxes Ready Reckoner (2025)

Direct Taxes Ready Reckoner, as its name suggests, is a crisp and unique analysis and explanation of the legal provisions under the Income-tax Act, 1961. The book starts with a detailed sectionwise analysis of the amendments made by the Finance Bill, 2025 (as passed by the Lok Sabha). The chapters are systematically divided into basic concepts, exempt incomes, heads of income (trusts, salaries, business and professional income, capital gains, income from other sources), set off and carry forward of losses, deductions, rebates, transfer pricing, international taxation, search and seizure, returns, assessments, PAN/TAN, TDS/TCS, appeals, references, rectifications, refunds, Settlement Commission, interest, penalties and prosecution, etc. The relevant Chapters contain detailed illustrations with solutions explaining the computation of income. The book contains tabulated information with practical problems and solutions.

Direct Taxes Ready Reckoner also contains tax tables in respect of different assessees including the Senior Citizens and Very Senior Citizens. Separate tables have been provided for Special rates of tax for different businesses. A unique feature of this edition is the Tax Tables under the New Tax Regime.