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The book provides every information on income tax, from Basic Knowledge to Computation of Income, Income Tax Rates, Rebates & Reliers. Exemptions, Deductions, Clubbing, Filing of Return, Advance Tax, TDS, Tax Saving Schemes, Taxation of NRIs, Foreigners, HUFs, AOP & Body of Infividuals, Firms and Compoanies, Agircultural Income, Taxation of Salary, taxation of retring persons, pay bills, income from house property, income from business or profession, capital gains, income from other sources, set off & carry froward of losses, assessment, penalties & prosecution, survey, search & seizure, appeals, wealth tax guide, othe related schemes, etc. The simplicity and systematic approach is a major advanctage of this book. Various indices add to the practical utilituy of the book. This book is published every year after passing of union budget by the Parliament, generally in the month of April/May.
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