Taxmanns Students Guide To Income Tax Including GST By Vinod K Singhania (2023 To 2024 Exam) (69th Edition)

Taxmann\'s flagship publication for Students on Income Tax & GST Law(s) has been designed to bridge the gap between theory and application. This book is written in simple language, explaining the provision of the law in a step-by-step manner – with the help of suitable illustrations, without resorting to paraphrasing of sections and legal jargons.
This book is an authentic, up to date & amended textbook on Income Tax & GST for students of CA Intermediate (May/Nov. 22), CS Executive (June/Dec. 22), CMA (June/Dec. 22), B.Com., M.Com., MBA, and other Professional Examinations.
The Present Publication is the 66th Edition, updated till 10th November 2021, authored by Dr Vinod K. Singhania & Dr Monica Singhania, with the following noteworthy features:

• [Coverage] of this book includes:
  o Unit 1 – Income Taxes
  o Unit 2 – GST
• [500+ Solved Problems] and an equal number of unsolved exercises
• [Question set for CA (Inter/IPCC) Examination] for the last five years is given along with solutions for theory as well as practical questions
  o Answers to Income Tax problems are solved as per the law applicable for A.Y. 2022-23
  o GST problems are solved in accordance with law as amended up to 10th November 2021
• [Features] of this book is as follows:
  o [Self-Learning/Practice Book] Features teach yourself technique enabling students to learn faster
  o [Analytical Discussions] are included in each para supported by \'well-thought-out-original-problems\'. A unique style of illustrating all complex provisions has been adopted throughout this book
  o [Every solved problem is followed by an unsolved exercise] for which answers are given at the end of the book
  o Follows Six-Sigma Approach to achieve the benchmark of \'Zero-Error\'
• Also Available:
  o For Solutions to the unsolved exercises, students may refer to \'[24th Edition] Taxmann\'s Students\' Guide to Income Tax including GST Problems & Solutions\'
  o [3rd Edition] Taxmann\'s CRACKER for Taxation with application-based MCQs & Integrated Case Studies
  o COMBO for Textbook & Problems & Solutions
  o COMBO for Textbook, Problems & Solutions, and CRACKER

The contents of the book are as follows:

• Income Tax
  o Basic concepts that one must know
  o Residential status and its effect on tax incidence
  o Income that is exempt from tax
  o Income under the head \'Salaries\' and its computation
  o Income under the head\' Income from house property\' and its computation
  o Income under the head\' Profits and gains of business or profession\' and its computation
  o Income under the head\' Capital gains\' and its computation
  o Income under the head\' Income from other sources\' and its computation
  o Clubbing of income
  o Set-off and carry forward of losses
  o Permissible deductions from gross total income
  o Meaning of agriculture income and its tax treatment
  o Individuals – Computation of taxable income
  o Hindu undivided families – Computation of taxable income
  o Firms and association of persons – Computation of taxable income
  o Return of income
  o Advance payment of tax
  o Deduction and collection of tax at source
  o Interest payable by assessee/Government
• GST
  o Basic concepts of GST
  o Concept of Supply
  o Levy of GST
  o Exemptions from GST
  o Place of supply
  o Time of supply
  o Value of taxable supply
  o Reverse charge mechanism
  o Input tax credit
  o Composition Scheme and Alternative Composition Scheme
  o Registration
  o Tax invoice, credit and debit notes
  o Returns, tax payment and interest
  o Provisions governing Real Estate Services
  o Problems on GST
• Appendix
  o Tax Rates
  o Question set for CA (Intermediate) Examinations and Answers
  o Depreciation rates for power generating units
  o Answers to unsolved exercises