Understanding Taxes in India
Author: Ram Dutt Sharma
Edition: June, 2020
India is land of laws. In the Indian Tax Structure, there are a lot of taxes that people pay for different reasons. This book aims to provide practical aid to the compliance challenges faced by businessmen, professionals in practice and industry and summarises all important provisions of various laws by using different charts, schedules, tables and useful notes.
While carrying out day-to-day business operations, it is difficult to refer different books for various laws, which makes compliance more complicated. Hence, there is a need to have all important rules and regulations at one place, in easily readable form. This book is an attempt to bring to focus the basics of various tax laws in India with reference to the substantive provisions of law, rules and procedures. This would be a brief but a compressive practical guide book for finding solution to day problems.
Various chapters give an overview of Income Tax, Association of Persons, Co-operative Societies, Hindu Undivided Family (HUF), Securities Transaction Tax (STT), Taxable Gift, Mutual Concerns, Interest Income, GST, Customs Duty, Limited liability Partnership Regulations, Partnership firm, etc. Apart from this some brief chapters are devoted to Right to Information Act, Copyright Act, and Trademark Act. These should be useful for everybody in understanding all about this.