Income Escaping Assessment | RAM DUTT SHARMA | Commercial Law Publishers | Paperback Edition

Income Escaping Assessment by Ram Dutt Sharma provides an in-depth examination of the provisions relating to the assessment of income that may have escaped taxation. This book is a crucial guide for understanding how the Income Tax Department identifies and rectifies instances of income underreporting or non-disclosure by taxpayers.

Key Features:

• Comprehensive Overview: The book explains the concept of "income escaping assessment," focusing on legal principles, procedures, and remedies available to tax authorities.
• Legal Provisions: Covers sections related to income escaping assessments under the Income Tax Act, helping readers understand the conditions and circumstances under which income may escape assessment.
• Case Studies: Includes practical examples and case studies that highlight how the provisions have been applied in real-world scenarios.
• Step-by-Step Process: The book outlines the process involved in identifying and rectifying income that has escaped assessment.
• Guidance for Tax Professionals: Essential for tax consultants, legal professionals, and students, offering insights into handling assessments and defending against claims of income escaping assessment.

This book serves as an essential reference for anyone involved in the tax profession, particularly those dealing with assessments and related tax compliance matters.