Taxmann’s Income Tax Act, 70th Edition, 2025

Income Tax Act is a landmark publication consolidating the up-to-date text of the Income-tax Act 1961, as amended by the Finance Act 2025. Over the course of seventy annual editions, this compendium has reflected decades of legislative developments and publishing expertise. Renowned for its accuracy and thoroughness, this volume has been a trusted cornerstone for practitioners and scholars for over five decades.This book is intended for the following audience:

• Chartered Accountants & Tax Consultants – Require updated tax statutes for compliance, advisory, and audit functions
• Tax Lawyers & Legal Practitioners – Invaluable for research and litigation support, given its annotated sections and references
• Corporate Finance & Tax Departments – Necessary for ensuring compliance with current laws in corporate transactions, etc.
• Law Libraries & Institutions – A staple for libraries in law schools, universities, and judicial academies, serving as a reliable primary source on direct tax legislation

The Present Publication, in its 70th Edition | 2025, upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act 2025. The book is authored and edited by Taxmann’s Editorial Board, continuing its legacy as a cornerstone in Direct Tax.