Supplement to Chaturvedi & Pithisaria’s Income Tax Law 2024 Author (s) : Chaturvedi , Pithisaria

Supplement to Chaturvedi and Pithisaria’s Income Tax Law is an essential companion to the Eighth Edition of Chaturvedi & Pithisaria’s Income Tax Law series. It enhances the utility of Volumes 1 to 11 by advancing the commentary through a systematic analysis of the legislative amendments made to the Income-tax Act, 1961 by the Finance Act, 2024 and the Finance (No. 2) Act, 2024, as well as changes to the Income-tax Rules, 1962. 

Comprising of three divisions, it presents the material logically and coherently, with references to relevant pages, sections and chapters in the main series for additions, substitutions, omissions, and deletions.  

Key Features: 

• • Includes extracts as well as topic-wise overview of the Finance Act, 2024, and the Finance (No. 2) Act, 2024, along with relevant portions of the Budget Speech on direct taxes 

• • Updated Income-tax Act, 1961 as amended by the Finance Act, 2024, and the Finance (No. 2) Act, 2024 

• • Incorporates changes to the Income-tax Rules, 1962, as amended by the 21st Amendment Rules, 2023 through the 9th Amendment Rules, 2024. 

• • Incorporates governmental and departmental updates till 16 October 2024 

• • Includes new and amended Double Tax Avoidance Agreements, and a detailed analysis of significant amendments such as buy-back, capital gains, income escaping assessment, and the Direct Tax Vivad Se Vishwas Rules, 2024 and the Guidance Note on the same 

• • Includes a detailed discussion on the recent judgment, Union of India v. Rajeev Bansal, dated 3 October 2024