Corporate Tax Planning and Business Tax Procedures with Case Studies

Corporate Tax Planning & Business Tax Procedures with Case Studies is a comprehensive and authoritative treatise on corporate taxation, tax planning strategies, and business tax procedures in India. The book presents both the theoretical framework and practical applications of tax laws, supported by numerous case studies and multiple-choice problems. The work emphasises legitimate tax planning—helping readers lawfully minimise tax liabilities while avoiding the pitfalls of tax evasion.

This book serves as an invaluable reference for:

• Students pursuing courses in tax planning, management, and professional examinations
• Tax Professionals & Consultants seeking a practical and updated resource for advisory work
• Officials in the Tax Department needing a structured and detailed understanding of tax provisions and procedures
• Corporate Executives & Business Owners aiming to optimise tax structures and financial decisions
• General Taxpayers interested in legally reducing current and future tax burdens

The Present Publication is the 29^th Edition | 2025, amended by the Finance Act 2025 and updated till 1^st August 2025. This book is authored by Dr Vinod K. Singhania & Dr Monica Singhania, with the following noteworthy features:

• [Three-book Structure]
  • Book One | Income-tax Law in Brief — Provides the theoretical base for corporate tax planning and procedures
  • Book Two | Corporate Tax Planning — Includes strategies for setting up new businesses, financial decision-making, remuneration planning, non-resident taxation, and business restructuring.
  • Book Three | Business Tax Procedure & Management — Covers return filing, assessments, appeals, penalties, TDS, advance tax, search and seizure, and other procedural aspects
• [Legitimate Tax Planning Focus] Detailed strategies to lawfully minimise tax liabilities
• [Analytical Approach] Every paragraph is numbered, starting with a clear analytical discussion supported by original, practical problems
• [Extensive Practice Material] Multiple-choice questions at the end of each chapter for quick revision and concept clarity
• [Teach-yourself Method] Enables independent learning without the need for additional reference material
• [Up-to-date Content] All provisions amended up to 1^st August 2025
• [Author Expertise]
  • Dr Vinod K. Singhania — Renowned tax expert with decades of research, authorship, and teaching experience, having authored multiple leading tax law books
  • Dr Monica Singhania — Professor at FMS, University of Delhi, with extensive research and publications in corporate taxation
• [Practical Utility] Designed to be a ready reckoner for daily tax advisory and compliance work
• [Balanced Coverage] Integrates academic depth with business practicality

The coverage of the book is as follows:

• Book One – Income-Tax Law in Brief
  • Basic concepts, residential status, exempt income, taxation of salary, business profits, capital gains, set-off and carry-forward of losses, and permissible deductions
• Book Two – Corporate Tax Planning
  • Tax planning vs. tax avoidance and evasion
  • Corporate tax regimes, MAT, special tax rates, and case studies
  • Tax planning for a new business (location, nature, organisation form)
  • Financial Management Decisions – Capital structure, dividend policy, bonus shares
  • Managerial Decisions – Make-or-buy, lease vs. purchase, repairs vs. replacement
  • Remuneration planning, sale of research assets, insurance compensation, and liquidation
  • Non-resident taxation, double taxation relief, transfer pricing, and advance rulings
  • Business Restructuring – Amalgamation, demerger, slump sale, conversion of business forms, inter-company asset transfers
• Book Three – Business Tax Procedure & Management
  • Advance tax, TDS, interest, and refunds
  • Filing of returns, assessments, appeals, and revisions
  • Penalties and prosecutions, Settlement Commission, Dispute Resolution Committee
  • Search and seizure, surveys, requisitioning, and recovery provisions
• Annexures
  • Tax rates
  • Present value tables

The structure of the book is as follows:

• Logical & Sequential Flow – From fundamental principles to complex corporate taxation strategies
• Unit-wise Division – Breaking down each topic into manageable sections
• Practical Orientation – Case studies and numerical problems illustrate practical applications
• MCQs at Chapter-end – Reinforce learning and assist in self-evaluation
• Distinct Paragraph Numbering – Facilitates quick cross-referencing