Taxmann's Income Tax Act (2022 Edition) | It does not get any more authentic than this!

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Taxmann's Income Tax Act covers the Amended, Updated & Annotated text of the Income-tax Act, Finance Act 2022 & Taxation Laws (Amendment) Act, 2021.

The recent changes in the Income-tax Act, 1961 are as follows:
• [Insertion] of 10+ new sections
◦ [Important New Sections] include:
 Taxation of Virtual Digital Asset (VDA)
 TDS u/s 194S on the transfer of VDAs
 TDS u/s 194R on Benefits or Perquisites
 Updated Returns
 Tax relief for COVID related compensation received from employers & well-wishers
• [Amendments] in 70+ sections
◦ [Important Amendments] include:
 New provisions for Faceless Assessment & Reassessment
 Changes in surcharge rate on long-term capital gain, AOPs & co-operative societies
 Change in provisions relating to the taxation of charitable trust and institutions
 Filing of application before AO to get the refund of tax deducted from the payment made to non-resident
 Increase in the scope of reporting obligation cast on producers of cinematograph films

The Present Publication is the 67th Edition and amended by the Finance Act 2022 & the Taxation Laws (Amendment) Act, 2021. This book is authored by Taxmann's Editorial Board, with the following noteworthy features:
• [Coverage] of this book includes:
◦ Division One – Income-tax Act, 1961
 Arrangement of Sections
 Text of the Income-tax Act, 1961 as amended by the Finance Act, 2022 and Taxation Laws (Amendment) Act, 2021
 Appendix: Text of provisions of Allied Acts/Circulars/Regulations referred to in Income-tax Act
 Validation Provisions
 Subject Index
◦ Division Two – Finance Act, 2022 and Taxation Laws (Amendment) Act, 2021
• [Annotations] under each section shows:
◦ Relevant Rules & Forms
◦ Relevant Circulars & Notifications
◦ Date of enforcement of provisions
◦ Allied Laws referred to in the section
• [Legislative History of Amendments] since 1961
• Comprehensive Table of Contents
• [Quick Navigation] Relevant section numbers are printed in folios for quick navigation
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