Direct Taxes Law & Practice; as amended by Finance Act 2008 (+CD-Rom)

The law stated in this Book is as amended by the Finance Act, 2008. While the law relating to income-tax has been discussed thoroughly, the discourse on the law relating to wealth-tax is also equally comprehensive. The treatment of the subject is lucid, to the point and the matter is painstakingly arranged in paras and sub-paras with distinct numbers to save time and energy. Besides debatable issues have been deliberated to their logical conclusion. Discussion is suitably supplemented by illustrations over 750 in number and covering an exhaustive range of issues providing solutions to the knotty problems with reference to the latest case-laws. In a nutshell, law is lucidly enumerated and its practical application is adequately explained. Contents: Gist of relevant Circulars/Notifications issued since 2000. Gist of selected Judgments of Supreme Court/High Courts rendered since 2000. Case Studies. Tax Planning. Latest circulars, notifications, amendments and the case-laws (i.e. up to 31st May, 2008) have been incorporated.