Direct Tax Laws & International Taxation In 2 Volumes

Direct Tax Laws & International Taxation (2 Volumes) is an exhaustive, practitioner-focused treatise designed to meet the needs of tax advisors, in-house counsel, chartered accountants and legal scholars. Volume I provides a clause-by-clause commentary on the Income Tax Act, rules and procedures: residential status, heads of income, exemptions, deductions, special provisions for companies and individuals, assessment and reassessment, appeal mechanisms, penalties, prosecutions and tax litigation strategy. It includes sample computations, illustrative problem sets and precedent summaries to aid practical application. Volume II addresses the international tax landscape — DTAA interpretation and application, transfer pricing regulations and documentation, anti-avoidance measures, BEPS outcomes, withholding taxes, permanent establishment issues, cross-border restructuring, and advance pricing agreements. The book blends statutory analysis, leading case law, treaty commentary and compliance best practices, and offers checklists for due diligence, documentation templates and planning pointers. Updated to reflect recent amendments and judicial developments, the two-volume set is structured for quick reference with detailed indexation, tables of cases, and comparative charts. Whether handling complex cross-border transactions, defending tax litigation, or teaching advanced tax courses, this work is a go-to reference for reliable, actionable guidance.