Direct Taxes: Income Tax, Wealth Tax and Tax Planning

Direct Taxes has been thoroughly revised and updated to present the law as applicable for the assessment year 2012-2013. The book will help in understanding this complex subject and clarifies concepts. Provisions of law are analysed and explained in a structured and reader-friendly manner. The focus of the book is on simplifying the complexities of income tax and wealth tax to provide conceptual clarity on intricate points of law. Key features:* Provides an updated and comprehensive study of direct tax laws.* Highlights prospective amendments.* Uses tables for conceptual clarity.* Includes numerous examples.* Practical examples provide a thorough overview of laws, discussed in previous chapters