Direct tax book pdf 2016-17

Agrawal fast track quick revision income tax is first book of its kind ever published in india. Income tax department time series data financial year 200001 to 201718. All publication national board of revenue nbr, bangladesh. Taxation books list of top 10 best books on taxation. A wellfunctioning tax system is the foundation stone of the citizenstate relationship, establishing powerful links. Direct taxes ready reckoner ay 201516 and 201617 paperback. Fast track quick revision income tax for ay 201617 by cs k. For 201617 some individuals qualify for a 0% starting rate of tax on savings income up to. The income tax act, 1961 is the charging statute of income tax in india.

Sep 19, 2015 fast track quick revision income tax for ay 2016 17 by cs k. Strategic plan to achieve the huge revenue target fy201516 212. In fy 2016 17 ay 1718, the surcharge for individuals is applicable for those who have total income over rs. You can search for tax rates based on parcel number, address, city or unincorporated representative area or tax rate area.

Agriculture income is exempt under the indian income tax act. This sars pocket tax guide has been developed to provide a. Download free ebook background material on service tax on 1. This incometax ready reckoner is based on the directtax laws as amended by the finance no. Read online page 201617 fall tax update welcome to caltax book pdf free download link book now. The book is very well organized so that you would find a particular deduction for your situation. Download page 201617 fall tax update welcome to caltax book pdf free download link or read online here in pdf. This book should be used by everybody who would like to save on taxes in 201617. Income tax in india, income exempt from income tax, income from salaries, income from house property, income from business or profession, capital gains, income from other sources, clubbing of incomes, deduction from gross total income, computation of tax liability of individuals.

Changes made in direct tax law by union budget 201718. Income tax rates for financial year 201617 taxmann. Section 28 under section 28 following are the income chargeable to tax under the head profits or gains from business or profession. Provisional tax returns, showing an estimation of total taxable income for. The tax payable for the relevant year for such company shall then be 18.

It was established by the father of the nation bangabandhu sheikh mujibur rahman under presidents order no. Debt service tax rates by district type provides the rates levied by various districts as a result of voterapproved debtbonds. Income tax is a huge law containing numerous provisions. The rates for income tax for individuals for the assessment year 201617 are as follows. Study of the incometax, heads of income, tax audit, indirect tax, assessment of tax payable. This rule is, however, subject to some exceptions 3. Direct tax collection contracts in aprilfebruary period, at 8. Measures for promoting affordable housing and real estate sector d. This site is like a library, you could find million book here by using search box in the header. Rates of income tax in respect of income liable to tax for the assessment year 201718. Study of the income tax, heads of income, tax audit, indirect tax, assessment of tax payable. Free tax books download ebooks online textbooks tutorials. Includes recovering debts, registering for bankruptcy and as a creditor. It provides for levy, administration, collection and recovery of income tax.

Buy direct taxes ready reckoner ay 201516 and 201617 book online at best prices in india on. Development of modern, serviceoriented compliance direct tax system. Committee on direct tax matters income tax department. Taxable income thresholds 201617 savings income dividend income nonsavings income starting rate1. March 1 to 15, 2016 u taxmanns corporate professionals today u vol. Abolition of levy of wealth tax under wealth tax act, 1957 it is proposed to abolish the levy of wealth tax under the wealth tax act, 1957 with effect from the 1st april, 2016. The provisions of finance bill, 2017 relating to direct taxes seek to amend the income tax act, 1961 the act and the finance act, 2016 a. Rates fixed by finance act tax rates are fixed by the annual finance. Objective of this book is to explain the income tax administration in india. Apr 28, 2020 download 201617 book pdf free download link or read online here in pdf.

Tax analysis division auditorcontroller alameda county. Direct tax laws income tax and wealth tax and indirect tax laws service tax, value added tax and central sales tax covered in the syllabus. The normal tax rates for the assessment year 201617 applicable to an individual below the. The rcc for ca final direct taxes assessment year 2016 17 as. The syllabus comprises the following topics and study weightage. Tax rates and new allowances for 201617 the basic, higher and additional rates of tax applicable remain unchanged but the tax rates applying to dividends have changed see the table of rates. Oecd o o taxation 3 oecd 20 tax is at the heart of our societies. Abolition of levy of wealthtax under wealthtax act, 1957 it is proposed to abolish the levy of wealth tax under the wealthtax act, 1957 with effect from the 1st april, 2016. Changes made in direct tax law by union budget 201718 a. Tax when you sell property, shares, personal possessions and business assets. Income tax manual part 1 national board of revenue. May 08, 2020 direct tax collection contracts in aprilfebruary period, at 8. Download 201617 book pdf free download link or read online here in pdf.

This is on back of hike in the service tax from 12. Government exceeds 201617 tax collection target by 18%. Read online 201617 book pdf free download link book now. Students guide to income tax including service tax vat. The study material contains all relevant amendments made by finance act.

Income tax return statistics assessment year 201819. Deduction in respect of profits and gains from the business of publication of books. Tax relief for the mca is 10% and is given as a tax reducer. Provisions relating to direct taxes income tax department. Direct tax laws are based on the provisions of direct tax laws as amended by the finance act, 2017, which is relevant for november, 2018 examination. The revenue division year book 201718 has been prepared by the research team of. The incometax act, 1961 is the charging statute of income tax in india. This means that income earned from agricultural operations is not taxed. Direct tax laws are based on the provisions of income tax law as amended by the finance act, 2018.

Heads of income and computation of total income and tax liability. The national board of revenue nbr is the apex authority for tax administration in bangladesh. Assessee assessee means a person by whom any tax or any other sum of money is payable under this act. This scheme comprises of 12 sections starting with section 200, upto section 211 of the fa 2016. Direct taxes, income tax, wealth tax and tax planning. Buy direct taxes ready reckoner ay 201516 and 2016 17 book online at best prices in india on. The rcc for ca final direct taxes assessment year 2016 17 as amendment finance act 2015 in 2 vols book by ca ravi chhawchharia for ca finaldt is available at. The cbdt in its press release on 9 th december, 2016 revealed figures for direct tax collections up to november, 2016 which amounts to rs. Tax rate of assessment year income of previous year is chargeable to tax in the next following assessment year at the tax rates applicable for the assessment year. Dec 16, 2016 the cbdt in its press release on 9 th december, 2016 revealed figures for direct tax collections up to november, 2016 which amounts to rs. Presentation on key direct tax proposals for union budget 201617. Page 201617 fall tax update welcome to caltax pdf book. Nondomicile remittance basis charge after uk residence in at least.