For more than five decades, Chaturvedi and Pithisaria’s Income Tax Law has carved a niche for itself as an authoritative and extensive treatise on income tax law. This work embodies systematised and articulate analysis of the principles of income tax law on one hand, while imparting practical guidance on the other. Various facets of the law have been addressed with precision, accompanied by ample illustrations, wherever required.

This eighth edition has been thoroughly revised and revamped, making it an essential reference for professionals, tax authorities, Judiciary, etc., owing to its meticulous approach and distinguished exposition of the principles of income tax law.

Key Features:

• Up to date coverage of all legislative amendments up to the Finance Act, 2023 and the Income-tax (Twentieth Amendment) Rules,2023
• Includes more than 1,00,000 judicial pronouncements and decisions delivered by the Supreme Court of India, various High Courts in India, and select Foreign Courts
• Discusses the general and relevant constitutional provisions pertaining to income tax law, as well as the provisions relating to the Interpretation of Statutes
• Each chapter includes a concise and crisp introduction of the sections contained therein, along with their relevant rules
• Incorporates circulars, notifications, schemes, instructions, guidelines, etc., issued by the Central Board of Direct Taxes and the Central Government through the Ministry of Finance
• Discusses in detail almost all the concepts relating to international taxation, transfer pricing, etc., with reference to the OECD Model Tax Convention and the UN Model Tax Convention
• Authoritative text of allied laws has been analyzed in the relevant context of the 1961 Act, along with necessary judicial pronouncements
• Annexures to each chapter, inter alia, provide updated texts of the relevant rules of the Income Tax Rules, 1962, the relevant Articles of the Double Taxation Avoidance Agreements (DTAAs) along with judicial pronouncements, and certain relevant provisions of other allied and/or analogous laws, rules, regulations, etc.
• Pen drive, included in Volume 11, contains commentary of omitted sections, as well as those sections which have become inoperative (but yet not omitted) for and from assessment year 2010-11, a reference of which would be found at relevant place in the treatise

Authors’ Note

Chaturvedi & Pithisaria’s Income Tax Law, being one of the few classic series in Indian legal system and particularly the most asked for Title in the sphere of Indian Income-tax regime, has been serving the Indian legal fraternity, since more than last 5 decades, as one of the most authoritative and comprehensive commentary on the subject having detailed discussion on almost each and every contentious issue dealt with by the Indian Judiciary, along with the fall outs of landmark judgments. We are very fortunate to be one of the stakeholders of this legal treatise.

With the blessings of Almighty God and, also the guidance shown by, both the Original Authors’ of the Treatise, it gives us immense pleasure to share that this edition marks a yet another beginning to the readers as well as the prospective readers of this classic series, which has not only thoroughly been revised and updated but also unfolding the incessant and resolute journey of revamping and overhauling the relevancy of the texts penned down by the sheer brilliance of both the Original as well as all the Revising Authors’ till the 7th Edition of 2020.

– Mr Mahendra Kumar Pithisaria, Advocate
– Mr Abhishek Pithisaria, Chartered Accountant