This book is a comprehensive commentary on the Reassessment provision under the Income-tax Act, as introduced by the Finance Act, 2021. It features an exhaustive discussion on both fundamental concepts and issues arising under the new law of reassessment combined with essential commentary on statutory provisions and the jurisprudence. It also includes cross-references to other chapters wherever implications need to be understood entirely to assist the reader.The objective of thi...

This book is a ready referencer to understand the tax implication of cash deposited during demonetization or in routine course, and the guidance on how to give response to the notices of Department. It also provides a complete understanding of the provisions relating to unexplained Income and Prohibition of Benami Property Transaction Act, 1988. This book has been written with the following objectives:• Provides an idea about the tax consequences of demonetization;