The Income Tax Bill 2025

This book, The Income Tax Bill 2025 – An Insight View by D.P. Mittal, published by Commercial Law Publishers (India) Pvt. Ltd., provides a comprehensive and analytical examination of the newly proposed Income Tax Bill, 2025. It offers a section-wise understanding of the Bill, explaining its framework, objectives, and policy implications in comparison to the existing Income Tax Act, 1961.

The work serves as a critical reference for tax professionals, lawmakers, and academicians, enabling them to assess the potential impact of the Bill on tax administration, compliance, and taxpayers.

Key features include:

• Detailed analysis of each clause of the Bill with practical insights

• Comparative commentary between the existing provisions of the Income Tax Act, 1961 and the proposed Bill

• Explanation of the rationale and legislative intent behind the changes

• Evaluation of the Bill’s alignment with global tax practices

• Discussion on its implications for individuals, corporates, and professionals

• Forecast of transitional challenges and implementation timelines

• References to committee reports, explanatory memoranda, and case law where relevant

This edition is indispensable for:

• Tax practitioners and consultants

• Chartered Accountants and company secretaries

• Advocates and law students specialising in taxation

• Government officials and policymakers involved in tax law reforms

With its insightful commentary and practical evaluation, the book is a ready reckoner for understanding the future landscape of direct taxation in India.