Taxmann’s flagship publication on Direct Taxes has been to the ‘go-to-guide’ for Students & Professional Practitioners for the past 40 years now. This book aims at not only making the reader understand the law & but also helps the reader develop the ability to apply the law. In other words, this books aims at providing the reader the following: Acquire a familiarity with the direct tax provisions Awareness of direct tax provisions The nature and scope of direct tax provisions Up-to-date knowledge of how a statutory provision has been interpreted by different courts of law on different occasions