Comparative Study of Provisions of Income Tax Act 2025 & Income Tax Act 1961 Edition 2026

Comparative Study of Provisions of Income Tax Act 2025 & Income Tax Act 1961 | Edition 2026 is an authoritative guide for tax professionals, students, and corporate users seeking clarity on India’s income tax reforms. This book provides a systematic, side-by-side analysis of provisions under the newly enacted Income Tax Act 2025 and the existing Income Tax Act 1961. It highlights key differences in tax computation, assessment procedures, compliance requirements, deductions, exemptions, penalties, and reporting standards. Designed for practical applicability, it serves as a ready reference for chartered accountants, company secretaries, finance professionals, and law students. Structured for easy navigation, the book uses tables, comparative charts, and detailed explanations to simplify complex provisions. Readers gain insight into how reforms affect direct tax compliance, corporate taxation, and personal income tax obligations. Updated for 2026, it reflects the latest amendments, notifications, and professional guidance. This book is an essential tool for professionals and students who wish to understand the evolution of India’s tax framework, compare statutory provisions efficiently, and stay aligned with the latest reforms.