Direct Taxes Ready Reckoner

About DIRECT TAXES READY RECKONER with Tax Planning
Chapter 1 Significant Amendments made by Finance Bill, 2023

Chapter 2 Guidelines for Online Submission

Chapter 3 Due Dates Calendar (Monthwise)

Chapter 4 Rates of Taxation

Chapter 5 Basic Concepts

Chapter 6 Tax Planning

Chapter 7 Exempt Income

Chapter 8 Taxation of Charity

Chapter 9 Salaries

Chapter 10 Income from House Property

Chapter 11 Profits and Gains of Business or Profession – PGBP

Chapter 12 Capital Gains

Chapter 13 Income from Other Sources

Chapter 14 Clubbing of Income

Chapter 15 Set off and Carry Forward of Losses

Chapter 16 Deductions and Rebates

Chapter 17 HUF, Firms, LLP, AOP and BOI

Chapter 18 Advance Tax and Self-assessment Tax

Chapter 19 TDS and TCS

Chapter 20 STT, CTT, DDT, MAT, AMT and CDT

Chapter 21 Amalgamation and Demerger

Chapter 22 NR, DTAA, Transfer Pricing, AAR and DRP

Chapter 23 Survey, Requisition, Search, Seizure and Faceless Jurisdiction of Income Tax Authorities

Chapter 24 Return of Income, PAN, TAN and AIR

Chapter 25 Assessment Procedure

Chapter 26 Post-Search Assessment

Chapter 27 Interest, Penalties and Prosecution

Chapter 28 Appeals, Rectification and Revision

Chapter 29 Collection, Stay of Demand and Recovery

Chapter 30 Refunds

Chapter 31 Dispute Resolution Committee

Chapter 32 Tax Audit

Chapter 33 ICDS – Income Computation and Disclosure Standards

Chapter 34 Equalisation Levy

Chapter 35 Tables

(1) Rates of Gold and Silver

(2) Depreciation Rates as per Companies Act, 2013

Chapter 36 TDS from Monthly Taxable Salary for F.Y. 2023-24

Chapter 37 Advance Tax/Income Tax Tables (A.Y. 2023-24 and A.Y. 2024-25)

(1) Individual; Association of Persons; BOIs; HUF

(2) Resident Individual of the age of 60 years or more but less than 80 years at any time during the previous year

(3) Resident Individual of the age of 80 years or more at any time during the previous year

(4) Domestic Companies having total turnover/receipts of P.Y. 2020-21/2021-22 not exceeding `400 Crores

(5) Firm (including LLP) & Domestic Companies having total turnover/receipts of P.Y. 2020-21/2021-22 exceeding `400 Crores

(6) Co-operative Society

(7A) Individual & HUF (Opting for new tax regime u/s. 115BAC)

(7B) Break-even Analysis of Tax under Old and New Regime

(8) Domestic Companies (opting for New Tax Regime u/s 115BA)

(9) Domestic Companies (opting for payment of taxes u/s 115BAA)

(10) Domestic Companies (opting for payment of taxes u/s 115BAB)

(11) Co-operative Society (opting for payment of taxes u/s 115BAD)

(12) Co-operative Society (opting for payment of taxes u/s 115BAE)

Chapter 38 Advance Tax/Income Tax Calculation by Formula

(1) Tax Calculation (A.Y. 2023-24 and 2024-25)

(2) Advance Tax/Income Tax Calculation (A.Y. 2023-24 and 2024-25) — Special Rates of Taxation u/ss. 115BA, 115BAA, 115BAB, 115BAC, 115BAD & 115BAE