Sampath Iyengar’s Law of INCOME TAX [Vols. 1 to 12 released] Complete Set Ready

Edition: 13th edn., 2024 [Vols. 1 to 12 released]

ISBN: 978-93-93749-87-1

Pages: 20640

Author: Foreword by Justice (Dr.) D.Y. Chandrachud Former Chief Justice of India, Revised by H. Padamchand Khincha Chartered Accountant, K.K. Chythanya Senior Advocate

Volume 1INTRODUCTIONPRINCIPLES OF CONSTRUCTION General Principles Particular Principles-I Particular Principles-II(A) Mutuality Principle(B) Diversion by Overriding Title(C) Real Income Theory(D) Concepts of Telescoping and Peak CreditChapter IPreliminary1. Short title, extent and commencement2. Definitions 2(1) “Advance tax” 2(1A) “Agricultural income” 2(1B) “Amalgamation” 2(1C) “Additional Commissioner” 2(1D) “Additional Director” 2(2) “Annual value” 2(3) “Appellate Assistant Commissioner” (Omitted) 2(4) “Appellate Tribunal” 2(5) “Approved gratuity fund” 2(6) “Approved superannuation fund” 2(7) “Assessee” 2(7A) “Assessing Officer” 2(8) “Assessment” 2(9) “Assessment year” 2(9A) “Assistant Commissioner” 2(9B) “Assistant Director” 2(10) “Average rate of income-tax” 2(11) “Block of assets” 2(12) “Board” 2(12A) "Books or books of account" 2(13) “Business” 2(13A) “Business trust” 2(14) “Capital asset” 2(15) “Charitable purpose” 2(15A) “Chief Commissioner” 2(15B) “Child” 2(16) “Commissioner” 2(16A) “Commissioner (Appeals)” 2(17) “Company” 2(18) “Company in which the public are substantially interested” 2(19) “Co-operative society” 2(19A) “Deputy Commissioner” 2(19AA) "Demerger" 2(19AAA) "Demerged company" 2(19B) “Deputy Commissioner (Appeals)” 2(19C) "Deputy Director" 2(20) “Director”, “manager” and “managing agent” 2(21) “Director General or Director” 2(22) “Dividend” 2(22A) “Domestic company” 2(22AA) "Document" 2(22AAA) "Electoral Trust" 2(22B) “Fair market value” 2(23) “Firm”, “partner” and “partnership” 2(23A) “Foreign company” 2(23B) “Fringe benefits” 2(23C) “Hearing” 2(24) “Income” 2(25) “Income-tax Officer” 2(25A) “India” 2(26) “Indian company” 2(26A) “Infrastructure capital company” 2(26B) “Infrastructure capital fund” 2(27) “Inspecting Assistant Commissioner” (Omitted) 2(28) “Inspector of Income-tax” 2(28A) “Interest” 2(28B) “Interest on securities” 2(28BB) "Insurer" 2(28C) "Joint Commissioner" 2(28D) "Joint Director" 2(29) “Legal representative” 2(29A) “Liable to tax” 2(29AA) “Long-term capital asset” 2(29B) “Long-term capital gain” 2(29BA) “Manufacture” 2(29C) “Maximum marginal rate” 2(29D) “National Tax Tribunal” 2(30) “Non-resident” 2(31) “Person” 2(32) “Person who has a substantial interest in the company” 2(33) “Prescribed” 2(34) “Previous year” 2(34A) “Principal Chief Commissioner of Income-tax” 2(34B) “Principal Commissioner of Income-tax” 2(34C) “Principal Director of Income-tax” 2(34D) “Principal Director General of Income-tax” 2(35) “Principal officer” 2(36) “Profession” 2(36A) “Public sector company” 2(37) “Public servant” 2(37A) “Rate or rates in force” or “rates in force” 2(38) “Recognised provident fund” 2(39) “Registered firm” (Omitted) 2(40) “Regular assessment” 2(41) “Relative” 2(41A) "Resulting company" 2(42) “Resident” 2(42A) “Short-term capital asset” 2(42B) “Short-term capital gain” 2(42C) "Slump sale" 2(43) “Tax” 2(43A) “Tax credit certificate” 2(43B) “Tax Recovery Commissioner” (Omitted) 2(44) “Tax Recovery Officer” 2(45) “Total income” 2(46) “Total world income” (Omitted) 2(47) “Transfer” 2(47A) “Virtual digital asset” 2(48) “Zero Coupon Bond”3. "Previous year" definedSUBJECT INDEXVolume 2Chapter IIBasis of Charge4. Charge of income-tax5. Scope of total income5A. Apportionment of income between spouses governed by Portuguese Civil Code6. Residence in India7. Income deemed to be received8. Dividend income9. Income deemed to accrue or arise in India9A. Certain activities not to constitute business connection in India9B. Income on receipt of capital asset or stock in trade by specified person from specified entityChapter IIIIncomes which do not form part of total income10. Incomes not included in total income 10(1) Agricultural income 10(2) Sum received by a member of HUF 10(2A) Share income of partner 10(3) Casual and non-recurring receipts (Omitted) 10(4) Interest income of a non-resident from specified securities, bonds and NRE account 10(4A) Interest income of a non-resident from NRE account in any bank in India (Substituted) 10(4B) Interest income of NRIs on specified savings certificates 10(4C) Interest payable to a non-resident by any Indian company on rupee denominated bond 10(4D) Income accrued or arisen to a specified fund by transfer of capital asset u/s 47(viiab) on a stock exchange in any IFSC 10(4E) Income accrued or arisen by a non-resident from transfer of specified instruments entered into with an offshore banking unit of an IFSC 10(4DF) Income of a non-resident by way of royalty or interest on account of lease of an aircraft or a ship in a previous year, paid by a unit of an IFSC 10(4G) Income received by a non-resident from portfolio of securities, etc in an account maintained with an Offshore Banking Unit in any IFSC 10(5) Value o