Taxation of Loans Gifts & Cash Credits 14th Edition 2025

Taxation of Loans, Gifts & Cash Credits – 14th Edition 2025 is a specialized and authoritative reference that addresses one of the most litigated areas of Indian income tax law. Updated comprehensively for 2025, this edition examines the legal and practical aspects of taxation of loans, gifts, and unexplained cash credits under the Income Tax Act. The book provides detailed analysis of key provisions such as Sections 68, 69, 69A, 69B, 69C, and Section 56(2), explaining the conditions, evidentiary requirements, and burden of proof involved in assessments. It also discusses common issues such as unsecured loans, share capital, share premium, gifts from relatives and non-relatives, and cash transactions. Judicial interpretations and procedural safeguards are integrated throughout the text, helping professionals assess risks and respond effectively to scrutiny notices. Written from a practitioner’s perspective, the book serves as a practical tool for advisory, assessment, and litigation work.