DIRECT TAXES READY RECKONER (2014-2015)

R A Dhruv's Direct Taxes Ready Reckoner (2014-2015), 26th Edition 2014, Softcover revised by Dr M S Vasan R A Dhruv's Direct Taxes Ready Reckoner (2014-2015), 26th Edition 2014, Softcover revised by Dr M S VasanThe Direct Taxes Ready Reckoner 2014/2015 is an essential tool for practical everyday reference.The key features of the book include:
Flow charts for depiction of taxability of income under each head of income
Use of tables to present complicated tax provisions in a simple and easy to understand manner, with time saving devices
Commentary on Finance (No.2) Bill, 2014
Unique tabular presentation of provisions for set off and carry forward of losses, advance tax and residential status
Tax computation formulas for all assess for the last 10 years to facilitate tax computation on finger tips
Usage of illustrations and tax-tables
Table showing computation of maximum allowable remuneration to partner, allowable as deduction for various levels of book profit
Tables for presentation of various obligations under the Income-tax Act
Interest calculator for investments at various maturity periods and rates of interest, as investment planner
Interest calculations under sections 234A, 234B, 234C and 244A of the Income-tax Act
TDS on monthly taxable salary for the FY 2014/2015
Income-tax and Advance-tax tables for the AY 2014/2015 and FY 2014/2015 with thumb press index
Wealth-tax tables for last 10 years
Right/bonus/split of equity shares for the last 3 years

Preface viiPulisher's Note ixTable of Cases xxxixSection Finding List xlv1. EFFECT OF FINANCE (NO. 2) BILL, 2014 AT A GLANCE 71. Rates of Income Tax 7Firms 8Domestic Company and Foreign Company 8Minimum Alternate Tax  Effective Tax Rate 8Co-operative Societies 9Rate of Tax for Local Authorities 92. Section 24  Deduction  Income from House Property 103. Section 32AC(1A)  Investment Allowance 104. Section 35AD  Capital Expenditure for Specified Business 105. Section 37(1)  Expenditure Incurred Wholly and Exclusively for theurpose of Business 106. Section 40(a)(i)  Amounts not Deductible for Payments made to Non-Residents 107. Section 40(a)(ia)  Amounts not Deductible for Payments made toResidents 118. Section 44AE  Special Provision for Computing Profits and Gains ofBusiness of Plying, Hiring or Leasing Goods Carriage 119. Section 45(5)  Enhanced Compensation Received for CompulsoryAcquisition of a Capital Asset 1110. Section 54 Profit on Sale of Property used for Residence 1111. Section 54EC  Capital Gains Exemption on Investment in Specified Bonds 1112. Section 56  Other Income 1213. Section 73  Speculation Loss 1214. Section 80C  Deductions in Respect of Life Insurance Premia, DeferredAnnuity, Contribution to Provident Fund, Subscription to Certain EquityShares or Debentures etc., 1215. Determination of Arm's Length Price 1216. Section 115O  Dividend Distribution Tax 1217. Transfer Pricing 1318. Section 115BBC  Anonymous Donations to be Taxed in Certain Cases 1319. Section 115BBD Tax on Certain Dividends received from ForeignCompanies 1320. Section 133A  Power to Survey 1321. Amendment to Various Sections in Terms of Definition, Scope of Tax etc., 1322. Conditions stipulated for Short Term Capital Gains or Long Term CapitalGains  for Debt Oriented Mutual Fund and Unlisted Securities with effectfrom April 1st, 2015 (A.Y. 2015-16) 1523. Section 92B(2)  Deemed International Transactions 1524. Section 92CC Advance Pricing Agreement (APA)  Roll back 1525. Annual Information Return 1626. Due Diligence to be Carried out by the Persons for the Purpose ofIdentification of Any Reportable Account. 1627. Power of Survey 1628. Power to Call for information 1629. Restriction for Carrying out Assessment u/s 153C (search cases) 162. INTRODUCTION 17Basic Concepts under the Indian Income Tax Act 211. Class of Assessee 211.1 Person 211.2 Previous Year 211.2 Assessment Year 212. Person 212.1 Individual 212.2 A Hindu Undivided Family (HUF) 222.3 Company 222.3.1 Indian Company [Section 2(26)] 232.3.2 Domestic Company [Section 2(22A)] 232.3.3 Foreign Company [Section 2(23A)] 232.3.4 Company in which Public are Substantially Interested[Section 2(18)] 232.3.5 Public Sector Company [Section 2(36A)] 232.4 Firm 232.5 An Association of Persons (AOP) or Body of Individuals (BOI) 242.6 Local Authority 242.7 Artificial Juridical Person 243. Status of Assessee [Sections 5 and 6] 244. Criteria for Status 254.1 Resident 254.2 Ordinarily Resident 254.3 Non-resident 25Tips on Table 255. Nature of Income 275.1 Capital and Revenue 28...............