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)

Publisher LexisNexis
ISBN-10 9350356902
Edition 22nd Edition 2016
Number of Pages 218 Pages
Publication Year June 2016
Language English
ISBN-13 9789350356906
Binding Paperback
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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