Buy In a Nutshell (Income Tax Act, 2025) | Law Books , FINANCE, A Social Legal Perspective

 About The Book

This book provides a comprehensive and systematic understanding of income tax law in India, designed to serve students, researchers, and professionals in commerce, law, and public administration. It begins with the foundational concepts of taxation, including the meaning, scope, and constitutional basis, along with an overview of the Income Tax Act and its administrative framework. The text progresses to explain the determination of residential status and its impact on tax liability, followed by a detailed examination of the five heads of income—salary, house property, business or profession, capital gains, and other sources. It further elaborates on key principles of income computation, including exempt income, clubbing provisions, set-off and carry-forward of losses, and treatment of agricultural income.