Book on Tax-Free Incomes & Investments (English)[June 2016]

By | July 26, 2016
(Last Updated On: July 26, 2016)

Tax-Free Incomes & Investments (English)



Your A-to-Z ready-reckoner of zero-tax incomes & investments. The twenty-second edition has been thoroughly revised and updated in view of the sea changes brought in by the Finance Act, 2016 under the Income-tax Act, 1961. This book has been written in an alphabetical order with suitable cross reference in a simple and lucid language for easy understanding of readers. It serves as a ready-reckoner for tax planning and reducing the overall tax burden for assessees. Salient Features:- • Includes practical examples with more than 100 items of tax-free incomes and investments which result in tax-free income. • Judicial pronouncements have been examined and mentioned as appropriate. • Discusses investments which result into tax-free income or zero-level income tax to the investors. • Helps a tax-payer in reducing his overall tax burden and even to attain a zero-tax status legally. • Contains areas like agricultural income, casual income, share of profit of a partner from a partnership firm, dividends on shares and units of mutual funds, interest on Relief Bonds, moneys received from the LIC, interest income of NRIs on deposit in Non-Resident (External Account). • Includes various types of allowances granted to an employee like the conveyance allowance, uniform allowance, DA, TA, etc. • Discusses the tax-free income on new industrial undertakings established in the Free Trade Zones, SEZs and 100% EOUs which enjoy 5 to 10 year complete tax holiday. • Covers provisions relating to 5-year complete tax holiday to new industrial undertakings in certain backward States and Union Territories, etc.

Specifications of Tax-Free Incomes & Investments (English) (Paperback)

Edition22nd Edition 2016
Number of Pages218 Pages
Publication YearJune 2016
Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source
New Books Released on Tax , GST and law

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