📘 Income Tax Law with Wealth Tax Act, 1957 | 1st Edition (2016)
✒️ Authored by: Chaturvedi | Language: English | Publisher: Lexis Nexis
This authoritative volume by Chaturvedi offers a comprehensive and analytical study of Income Tax Law along with the Wealth Tax Act, 1957, providing a detailed exposition of statutory provisions, judicial interpretations, and practical applications. The book is designed to meet the needs of tax professionals, academicians, and students seeking conceptual clarity as well as practice-oriented guidance.
🔍 Key Features:
📜 Complete Coverage of Income Tax Law – principles of income, exemptions, deductions, computation of total income, assessments, penalties, and appeals.
💰 Wealth Tax Act, 1957 – detailed commentary on chargeability, valuation of assets, exemptions, liabilities, and procedural aspects under the repealed but historically significant Act.
⚖️ Judicial Pronouncements – analysis of landmark rulings by the Supreme Court, High Courts, and ITAT shaping tax jurisprudence.
🛠️ Procedural Guidance – practical aspects of filing returns, assessments, scrutiny, reassessment, recovery, and dispute resolution.
📚 Comparative & Historical Perspective – situates wealth tax within the broader framework of direct taxation in India.
📝 Practice Aids – illustrative examples, flowcharts, and tables for easy understanding and application.
🆕 1st Edition (2016) – incorporating amendments and judicial trends up to the year of publication.
🎯 Recommended For:
Advocates, chartered accountants & tax consultants
Revenue officers & departmental authorities
Corporate executives & finance professionals
Academicians, researchers & law students specialising in tax law
Libraries & institutions offering courses on direct taxation
This first edition of Income Tax Law with Wealth Tax Act, 1957 by Chaturvedi stands as a scholarly yet practical reference, blending statutory clarity, judicial depth, and procedural guidance, making it an indispensable resource for direct tax law practice and study in India.
