The 31st edition verifies that with the new regime default, taxpayers no longer auto-benefit from 80C investments. The new planning mantra is exempt income (interest from PPF, dividends) and concessional income (capital gains on listed shares after 12 months).
The book begins with a vital distinction:
Singhania emphasizes legitimate tax planning under sections like 80C, 80D, 10(10D), 54, 54F, etc.
The title of the book highlights a crucial distinction that forms the foundation of the text: The 31st edition verifies that with the new
Dr. Singhania’s work bridges the gap between the theoretical provisions of the law and their practical application in strategic financial decision-making.
Absolutely yes.
The 31st Verified Edition of Direct Tax Planning and Management is not just a book—it’s a complete decision-support system. Whether you’re preparing for CA Final, advising a client, or filing your own return, this book helps you shift from tax compliance to tax optimization. Verified Insight (Page 487
Dr. Singhania has done the heavy lifting of judicial interpretation and legislative tracking. Your job is simply to read, apply, and save.
This is where the 31st edition shines. It covers verified planning strategies for:
The verified edition covers the 15% corporate tax rate for new manufacturing companies. The planning insight? Timing incorporation and commencing production in the same fiscal year to lock in the lower rate. advising a client
The book is structured to take the reader from the basics of the Income Tax Act to advanced strategic planning. Key areas covered typically include:
For CA Final and MBA Finance students, the verified content on Transfer Pricing (Section 92-92F) and Advance Rulings is invaluable.
Verified Insight (Page 487, 31st Ed): The book correctly reflects that tax planning is not exploiting loopholes but arranging affairs to reduce tax by using legitimate provisions like timing of income receipt and optimizing business location.
