Title	:	2002-2003 Income Tax Adviser
Authors	:	Dr. Pravin P. Shah & Anup P. Shah, Chartered Accountant Assisted by Akhil R. Muchhala, Chartered Accountant,
Edition	:	First, 2002
Publisher	:	Snow White, Mumbai.
Pages	:	696 including different Indices
Price	:	Rs. 495/-

Income Tax laws are complex & ambiguous as they are. The amendments each year to this law cross the century mark and even double ton intermittently. Moreover, thousands of judgements are delivered each year by the Supreme Court, the High Courts and the Tribunals interpreting the provisions of Income Tax Law making it more complex. In this back-ground one needs methods, tools, guide, a referencer, checklists etc. to make his task easy in dealing with the complexities of the Income Tax Laws, says the authors.

In the beginning the authors have explained "How to use this Book" detailing the contents of various parts of the Book. Followed thereafter, are Indices giving summarized contents & also detailed contents and a Subject Index, to provide a quick search.

The Book focuses on the law as is applicable for A. Y. 2002-03 & A. Y. 2003-04. Part I of the book spread over 268 pages analyses the amendments brought in by Finance Act 2002. The analysis contains:

Part II Contains the provisions relevant for computation of Income arranged subject wise. This part, however, would be useful as a referencer only, since, the subject is covered in point form giving reference of relevant sections and the gist of the relevant case laws & departmental circulars.

Part III consists of tabulated summary of amendments relevant to A. Y. 2002-03 & A. Y. 2003-04 made by the Finance Act, 2001 and the Finance Act 2002. This part also contains Tax tables for A. Y. 2002-03 & A. Y. 2003-04 for different class of assesses, TDS rates for A. Y. 2003-04, quotation of Equity Shares as on 01-04-1981, Table of Cost Inflation Index, Depreciation tables & Tax calendars enlisting various statutory due dates.

The Analysis of Finance Act, 2002 given in Part I is quite detailed and will provide a useful reading material. However, contents of Part II could have been more elaborate and in full text form to have a better utility of the book.

 

Annual Planner Annual Planner for the year July 2002 to June 2003 will be released by 20th June and the same will be available from the association's office between 3.00 p.m. to 7.00 p.m.Price is Rs. 20/- per planner.

Attention Students In view of the change in syllabus and registration procedure for C.A. Course, new student on getting registration for PE II examination, will be eligible to apply as a student associate of our association for a maximum period of 5 years.