Direct taxes are taxes levied directly on an individual’s or organization’s income, wealth, or assets. In India, the two primary direct taxes are Income Tax and Wealth Tax. The Income Tax Act, 1961, and the Wealth Tax Act, 1957, are the primary legislation governing these taxes. The laws and practices surrounding direct taxes are complex and constantly evolving, making it challenging for taxpayers to stay updated.
Direct Taxes Law and Practice by Vinod Singhania: A Comprehensive Guide** direct taxes law and practice vinod singhania pdf 69
Vinod Singhania is a renowned expert in taxation and has written several books on the subject. His book, “Direct Taxes Law and Practice,” is considered a bible for tax professionals, students, and taxpayers. With years of experience in taxation, Vinod Singhania has provided a comprehensive and practical guide to direct taxes, making the complex laws and regulations accessible to readers. Direct taxes are taxes levied directly on an