Tax Planning - Practical Aspects (1st Edition, 2024)
- Year of Publication: 2024
- Edition: 1st
- ISBN: 978-81-977297-8-2
- No.of Pages: 554
Tax planning is an indispensable tool for individuals and businesses alike, aiming to optimise financial resources while adhering to the complex labyrinth of tax laws. This book on “Tax Planning - Practical aspects” endeavours to demystify the intricacies of tax planning in India, providing practical insights and strategies for a diverse spectrum of taxpayers. The Indian tax system, while offering numerous avenues for savings, can be overwhelming due to its complexities and frequent amendments. A comprehensive understanding of the system is crucial to make informed decisions and maximise tax benefits. This book offers a thorough overview of the income tax framework, serving as a foundation for effective tax planning. Whether you are an individual seeking to optimise your personal finances or a business owner aiming to minimise tax burdens, this book offers valuable insights and strategies.
The chapters delve into the specific tax planning strategies tailored to various income profiles, including salaried persons, businessmen, HUFs, partnership firms, non-resident taxpayers, companies and trusts. By addressing the unique tax challenges faced by each category, this book equips readers with the knowledge to optimise their tax positions. Real estate and financial assets often constitute significant portions of an individual's wealth. Dedicated chapters on these areas provide practical guidance on leveraging tax benefits associated with real estate transactions and investments in financial instruments.
The introduction of the new tax regime marks a significant development in India's tax landscape. A comprehensive chapter dedicated to this regime offers a clear understanding of its implications and helps readers make informed choices between the old and new regimes.
By providing a holistic approach to tax planning, this book aims to empower readers to make well-informed financial decisions, reduce tax liabilities, and achieve their long-term financial goals. It is a practical guide that seeks to bridge the gap between complex tax laws and their application in real-world scenarios.
CA. Chunauti H. Dholakia is a practicing chartered accountant. She has vast experience of more than 15 years in the field of direct taxation and all matters related to charitable and religious trusts and NGOs.
She has contributed many articles in the Institute of Chartered Accountant’s journal “The Chartered Accountant”, Institute of Cost and Management Account’s journal “The Management Accountant”, other leading professional journals, souvenirs, newsletters, websites and leading local newspapers. She has translated part of one reference book from English to Gujarati language. She has contributed as author for the publications of Institute of Chartered Accountants of India
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2024
- Edition: 1st
- ISBN: 978-81-977297-8-2
- No.of Pages: 554
Tax planning is an indispensable tool for individuals and businesses alike, aiming to optimise financial resources while adhering to the complex labyrinth of tax laws. This book on “Tax Planning - Practical aspects” endeavours to demystify the intricacies of tax planning in India, providing practical insights and strategies for a diverse spectrum of taxpayers. The Indian tax system, while offering numerous avenues for savings, can be overwhelming due to its complexities and frequent amendments. A comprehensive understanding of the system is crucial to make informed decisions and maximise tax benefits. This book offers a thorough overview of the income tax framework, serving as a foundation for effective tax planning. Whether you are an individual seeking to optimise your personal finances or a business owner aiming to minimise tax burdens, this book offers valuable insights and strategies.
The chapters delve into the specific tax planning strategies tailored to various income profiles, including salaried persons, businessmen, HUFs, partnership firms, non-resident taxpayers, companies and trusts. By addressing the unique tax challenges faced by each category, this book equips readers with the knowledge to optimise their tax positions. Real estate and financial assets often constitute significant portions of an individual's wealth. Dedicated chapters on these areas provide practical guidance on leveraging tax benefits associated with real estate transactions and investments in financial instruments.
The introduction of the new tax regime marks a significant development in India's tax landscape. A comprehensive chapter dedicated to this regime offers a clear understanding of its implications and helps readers make informed choices between the old and new regimes.
By providing a holistic approach to tax planning, this book aims to empower readers to make well-informed financial decisions, reduce tax liabilities, and achieve their long-term financial goals. It is a practical guide that seeks to bridge the gap between complex tax laws and their application in real-world scenarios.
CA. Chunauti H. Dholakia is a practicing chartered accountant. She has vast experience of more than 15 years in the field of direct taxation and all matters related to charitable and religious trusts and NGOs.
She has contributed many articles in the Institute of Chartered Accountant’s journal “The Chartered Accountant”, Institute of Cost and Management Account’s journal “The Management Accountant”, other leading professional journals, souvenirs, newsletters, websites and leading local newspapers. She has translated part of one reference book from English to Gujarati language. She has contributed as author for the publications of Institute of Chartered Accountants of India
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
