Asia's Income tax Penalties Law & Practice - Edition 2026
| Author : | G.C. Das I.R.S ( Retd) |
|---|
Asia Law House's Income Tax Penalties – Law & Practice – 1st Edition 2026 by G.C. Das, I.R.S. (Retd.) is a comprehensive reference on income-tax penalty provisions under the Income-tax Act, 2025 and the Income-tax Act, 1961 as amended by the Finance Act, 2026. It provides comparative and practical analysis of penalty proceedings, under-reporting and misreporting, waiver, immunity, block assessments, limitation and natural justice.
Asia Law House's Income Tax Penalties – Law & Practice – 1st Edition 2026 by G.C. Das, I.R.S. (Retd.) is a specialised professional reference dealing with the law and practical application of income-tax penalties in India.
The book presents a comparative study of the penalty provisions under the Income-tax Act, 2025 and the corresponding provisions of the Income-tax Act, 1961, as amended by the Finance Act, 2026. This comparative approach helps readers identify and analyse changes in the penalty framework while understanding the continuing principles governing the levy and administration of penalties.
The book examines important issues relating to the initiation, imposition and administration of income-tax penalties, making it particularly relevant for professionals involved in tax assessment, compliance, advisory work and litigation.
Key Features
- 1st Edition 2026
- Covers the Income-tax Act, 2025
- Covers the Income-tax Act, 1961 as amended by Finance Act, 2026
- Comparative analysis of penalty provisions
- Discusses penalties for under-reporting and misreporting of income
- Covers waiver of penalties and immunity from prosecution
- Examines penalties relating to various statutory defaults
- Covers block assessment-related penalties
- Discusses reduction and waiver of penalties
- Covers principles of natural justice and reasonable cause
- Examines limitation provisions governing penalty proceedings
Practical & Litigation Perspective
Penalty proceedings under income-tax law involve important questions concerning the initiation of proceedings, statutory conditions, procedural safeguards and the interpretation of penalty provisions.
The book provides detailed treatment of the integration of assessment and penalty proceedings, along with specific analysis of penalties for under-reporting and misreporting of income. It also discusses waiver and immunity provisions, block assessment penalties, reduction or waiver of penalties, natural justice and limitation.
This makes the book particularly useful for professionals handling tax assessments, penalty proceedings, appeals, litigation, compliance and advisory assignments.
Who Should Buy This Book?
This book is particularly useful for:
- Chartered Accountants
- Tax consultants and practitioners
- Income-tax advocates
- Tax litigation professionals
- Income-tax departmental officers
- Corporate tax professionals
- Legal professionals and researchers
- Judicial officers and academicians
- Students of taxation and law
Asia Law House's Income Tax Penalties – Law & Practice – Edition 2026 is a valuable professional reference for understanding the evolving framework of income-tax penalties, compliance, assessment and tax litigation.
