DIRECT TAX-BFM-Sem-V

The book is designed to cover the syllabus of "Direct Taxes" for the students of T.Y.B.M.S. and T.Y.B.F.M. (Semester – V) of Mumbai University. Law like Income-Tax Act, are too complex in nature for them. Very few and only selected sections are prescribed for their study. We have made a sincere attempt to deal with this subject in this book strictly according to the syllabus. Our students are studying this subject for the first time in their degree course. While making an attempt to explain in a simplified language, any mistake of interpretation might have crept in. Our teachers, students and readers of this book are requested to point out the same. Their views, comments and criticism relating to this work is heartily welcomed.