Income Tax Act 2025 71 Edition 2025

Income Tax Act 2025 is the authoritative legal text consolidating all direct tax provisions applicable in India for the financial year 2025. It incorporates amendments, notifications, schedules, and procedural rules, providing a comprehensive framework for income tax computation, deductions, exemptions, assessments, penalties, and compliance obligations. The book serves as an essential resource for chartered accountants, tax consultants, company secretaries, corporate finance professionals, and law or commerce students. Its structured presentation allows quick reference for professional work, academic study, or exam preparation. This edition ensures clarity and accessibility, bridging the gap between legislative language and practical application. By offering the most updated information on tax rates, exemptions, compliance requirements, and reporting standards, it empowers readers to stay aligned with current income tax regulations. Whether for professional practice, academic learning, or corporate compliance, Income Tax Act 2025 is an indispensable guide to India’s direct tax system.