The book systematically breaks down the Indian Income Tax Act of 1961 into accessible modules. It generally flows through the following core areas: 1. Basic Concepts and Basis of Charge
If you are looking for free PDF content related to the book's topics for academic purposes, these resources provide partial content or summaries: Income Tax Law and Practice - C V Raman University
V.P. Gaur and Narang are renowned experts in the field of taxation and have extensive experience in teaching, research, and practice. V.P. Gaur is a former Professor of Commerce at the University of Delhi, and Narang is a well-known tax consultant and practitioner. Together, they have authored several books on taxation, including "Income Tax Law and Practice", which has become a standard reference for students, professionals, and practitioners.
This book has been the prescribed textbook for a vast number of students across India for decades. It is primarily aimed at undergraduate students pursuing a Bachelor of Commerce (B.Com.), BBA, and their honors programs. Beyond the undergraduate level, it serves as an essential intermediate-level course for students preparing for more advanced professional qualifications, such as Chartered Accountancy (CA), Cost and Management Accountancy (CMA), and Company Secretary (CS). The book's language is simple and its framework is consistent, making the intricate web of Indian tax law accessible to beginners. It bridges the gap between a purely theoretical statute book and a purely problem-solving guide, blending both aspects in a balanced 60:40 problem-to-theory ratio.
is a standard reference for the , frequently used by undergraduate students in India. While a full, official PDF of the latest edition is not typically available for free due to copyright, you can find the current 2025-26 assessment year editions at retailers like Amazon (around ₹615) and Flipkart (around ₹657). Key Components of the Book income tax law and practice by v.p. gaur and narang pdf
The book addresses advanced legal scenarios, including when income belonging to another person is clubbed with the assessee's income. It also outlines the strict legal guidelines for setting off current-year losses against incomes and carrying forward unabsorbed losses to future years. 5. Deductions from Gross Total Income (Chapter VI-A)
Many libraries, such as the IPE Library and St. Aloysius College Library, have physical copies available for borrowing, and some may offer digital access through their catalogs. Users are strongly advised to check with their own institutional library for legal access to the e-book version.
The text provides a comprehensive guide to the Indian taxation system, focusing on both theoretical legal provisions and practical problem-solving . Key areas covered include:
: Annual value determination, deductions for home loan interest (Section 24). The book systematically breaks down the Indian Income
Definitions of who pays tax and the timelines involved.
Income Tax Law and Practice by V.P. Gaur and Narang: A Comprehensive Guide
Heavy use of solved problems for every head of income to clarify complex provisions. Legal Framework
The final operational phase of the text teaches the mechanical application of tax slabs, surcharges, education cesses, and the utilization of tax credits like TDS (Tax Deducted at Source) and Advance Tax. Pedagogical Strategy: Why It Stands Out Gaur and Narang are renowned experts in the
Check official publishing house portals (Kalyani Publishers) to see if authorized e-books or Kindle versions are available for purchase.
: Rules preventing tax evasion by transferring income to spouses or minor children.
, are meticulously updated to reflect the most recent amendments from the Finance Acts. Comprehensive Coverage
Includes hundreds of solved examples that mirror university examination patterns. Core Structure and Syllabus Coverage