Download or read book Taxmann s Direct Taxes Manual 3 Vols The definitive all encompassing compendium for direct taxation providing unmatched accuracy and comprehensive coverage written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-08-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Direct Taxes Manual is acknowledged as the benchmark for excellence in direct taxation, setting the highest standards for accuracy, depth, and comprehensive coverage. This manual has been the preferred publication for tax professionals, legal practitioners, and revenue officers across India for over fifty years. Its reputation as the most authoritative guide in direct taxation is built on Taxmann's unwavering commitment to delivering precision and clarity in every edition. Celebrated for its systematic approach, the manual provides a structured and in-depth understanding of direct tax laws. What distinguishes the Direct Taxes Manual is its exhaustive and up-to-date content, unmatched in scope and reliability. This three-volume set is designed to be a one-stop resource, providing an all-encompassing compilation of: • Acts • Rules • Landmark Rulings • Direct Taxes Law Lexicon • Circulars, Clarifications & Notifications • Schemes • Return Forms • Other Rules/Schemes This book incorporates all the changes made by the following: • Volume One | Acts – Amended by the Finance Act, 2024 and Finance (No. 2) Act, 2024 • Volume Two | Rules – Incorporating all Available Amendments Notified up to Income Tax (Sixth Amendment) Rules, 2024 and Return Forms for A.Y. 2024-25 • Volume Three | Landmark Rulings, Direct Taxes Law Lexicon, Circulars, Clarifications & Notifications, Schemes – Amended up to July 2024 The Present Publication is the 54th Edition, edited by Taxmann's Editorial Board, with the following volume-wise noteworthy features: • Volume One | Acts o [Detailed Annotations and Practical Tools] Each section is accompanied by extensive annotations that provide: § Relevant Rules & Forms applicable to that section § Key Circulars & Notifications issued by the government, which are essential for interpretation and application § Dates of Enforcement for specific provisions, enabling readers to understand the chronological application of the law § Cross-references to Allied Laws, which are crucial for a holistic understanding of the legal context in which the Income-tax Act operates o [Historical Context and Legislative Evolution] The book includes a detailed history of amendments to the Income-tax Act since 1961, providing insights into the evolution of the Income-tax Act. This feature helps understand the legislative intent and historical developments behind current provisions o [User-Friendly Design and Accessibility] The book is designed with user convenience in mind. Section numbers are prominently printed in folios, enabling readers to navigate the text swiftly. The comprehensive Table of Contents further enhances the ease of access • Volume Two | Rules o [Comprehensive Guide to Amendments] In-depth coverage of all amendments made to the Income-tax Rules in 2023-2024 o [Coverage] Includes § Rules & Schemes which are either notified or referenced under the Income-tax Act, 1961 § ICDS & Faceless Schemes § STT, CTT & EL § Income-tax Return Forms for Assessment Year 2024-25 o [Practical Tools] § Action Points for Forms with clear explanations of relevant provisions and step-by-step filing processes for each form § Quick Identification of redundant forms and e-forms, enhancing filing efficiency • Volume Three | Landmark Rulings, Direct Taxes Law Lexicon, Circulars, Clarifications & Notifications, Schemes o [20+ Schemes] under the Income-tax Act are covered o [Words & Phrases] with: § Section Key & Alphabetical Index – Judicially defined terms are organized by section and alphabetically, providing quick access to precise legal interpretations o [Circulars & Notifications (1961 – June 2024)] Summaries of all significant government circulars and notifications, ensuring up-to-date awareness of regulatory practices o [Case Laws (1922 – June 2024)] A digest of landmark rulings by the Supreme Court and High Courts, highlighting key legal principles and their impact on the Income-tax Act

Download or read book Taxmann s Income Tax Act Special Edition A Trusted Cornerstone Amended by Finance No 2 Act 2024 Featuring Detailed Annotations History of Amendments Since 1961 Multi colour Text written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-08-30 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income Tax Act – Special Edition has been widely recognised as the most authoritative content for tax professionals, legal practitioners, academicians, and anyone engaged in applying and interpreting the Income-tax Act, 1961. In its 69th Edition, the Present Publication upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act, 2024 and the Finance (No. 2) Act, 2024. The key enhancements in the 'Special Edition' include: • Multi-Colour Text for Enhanced Navigation o Designed to optimise the reading experience, the colour-coded text aids in quicker identification of sections, amendments, and relevant provisions, ensuring seamless access to information A glimpse of the recent changes include: • New Sections Introduced o Section 44BBC – A new presumptive taxation scheme for non-residents operating cruise ships, simplifying tax compliance for this sector o Section 194T – Partnership firms are now required to deduct tax at source on sums paid or payable to their partners, ensuring transparency o Section 271GC – Imposes penalties on non-resident assessee with Liaison Offices (LO) in India for non-compliance in furnishing the annual statement in Form No. 49C • Key Amendments to Existing Provisions o Section 2(42A) – Amended to prescribe only two holding periods for determining the nature of capital assets o Section 48 – Revised to eliminate the availability of indexation benefits for long-term capital assets o Sections 111A, 112, and 112A – Updated to adjust the tax rates applicable to capital gains o Section 50AA – Expanded to include unlisted bonds and debentures within its scope o Section 47(iii) – Substituted to classify the transfer of a capital asset by any person other than an Individual or HUF under a gift, will, or irrevocable trust as a taxable transfer o Section 2(22)(f) – Now treats sums received by shareholders during a share buyback as deemed dividends o Section 10(23C) and Section 12AB – The approval-based exemption under Section 10(23C) has been merged with the registration-based exemption under Section 12AB o Standard Deduction – Increased from Rs. 50,000 to Rs. 75,000 under the new tax regime o Chapter XIV-B (Sections 158B to 158BH) – Substituted to establish a new framework for block assessments in cases of search and requisition conducted on or after September 1, 2024 This book is authored and edited by Taxmann's Editorial Board, continuing its legacy as a cornerstone in Direct Tax, with the following noteworthy features: • Comprehensive Coverage o Division One – Income-tax Act, 1961 § The text is thoroughly updated and annotated, reflecting all amendments made by the Finance Act, 2024 and Finance (No. 2) Act, 2024 § Appendix – Includes a detailed list and text of provisions from Allied Acts, Circulars, and Regulations that are referred to within the Income-tax Act, providing a cross-referential understanding of the legal framework § Validation Provisions – Key provisions that validate the applicability of certain sections § Subject Index – A well-structured index that allows for quick and easy location of relevant sections and topics. o Division Two – Finance Act 2024 and Finance (No. 2) Act 2024 § Text of the Finance Act, 2024 and Finance (No. 2) Act, 2024 o Division Three – Securities Transaction Tax § Text of the Securities Transaction Tax o Division Four – Commodities Transaction Tax § Text of the Commodities Transaction Tax o Division Five – Equalisation Levy § Text of the Equalisation Levy along with the relevant Notification under Section 164 of the Finance Act, 2016 • Detailed Annotations and Practical Tools o Each section is accompanied by extensive annotations that provide: § Relevant Rules & Forms applicable to that section § Key Circulars & Notifications issued by the government, which are essential for interpretation and application § Dates of Enforcement for specific provisions, enabling readers to understand the chronological application of the law § Cross-references to Allied Laws, which are crucial for a holistic understanding of the legal context in which the Income-tax Act operates • Historical Context and Legislative Evolution o Legislative History § The book includes a detailed history of amendments to the Income-tax Act since 1961, providing insights into the evolution of the Income-tax Act. This feature is particularly useful for legal professionals and researchers who seek to understand the legislative intent and historical developments behind current provisions • User-Friendly Design and Accessibility o Quick Navigation Features § The book is designed with user convenience in mind. Section numbers are prominently printed in folios, enabling readers to navigate the text swiftly. The comprehensive Table of Contents further enhances the ease of access o Bestseller Legacy § As part of Taxmann's renowned series of bestseller publications, this book continues a legacy of over five decades, trusted by generations of tax professionals and students for its accuracy and reliability o Six Sigma Quality Assurance § Adhering to the Six Sigma methodology, the book is reviewed to achieve the highest benchmark of 'Zero Error,' making it one of the most reliable references in the field of Direct Taxes

Download or read book Taxmann s Direct Taxes Manual written by and published by . This book was released on 2002 with total page 1364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s Students Guide to Income Tax University Edition The bridge between theory application in simple language with explanation in a step by step manner Finance Act 2023 A Y 2023 24 written by Dr. Vinod K. Singhania and published by Taxmann Publications Private Limited. This book was released on 2023-08-23 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxmann's flagship publication for Students on Income Tax has been designed to bridge the gap between theory and application. This book is written in simple language, explaining the provision of the law in a step-by-step manner – with the help of suitable illustrations, without resorting to paraphrasing of sections and legal jargons. This book is an authentic, up-to-date & amended textbook on Income Tax for students of B.Com., M.Com., MBA and other Professional Examinations The Present Publication is the 69th Edition, amended by the Finance Act 2023 & updated till 1st August 2023. This book is authored by Dr Vinod K. Singhania & Dr Monica Singhania, with the following noteworthy features: • [Student-Oriented Book] This book has been developed keeping in mind the following factors: o Interaction of the author/teacher with their students in the classroom o Shaped by the author/teacher's experience of teaching the subject matter at different levels o Reactions and responses of students have also been incorporated at different places in the book • [Self-Learning/Practice Book] Features teach yourself technique enabling students to learn faster • [Analytical Discussions] Each para starts with analytical discussions • [Well-Thought-out-Original-Problems] A unique style of illustrating all complex provisions has been adopted throughout this book • [E-Filing of Income-tax Return] Case studies have been prepared for students to generate E-Income-tax Return • [Zero-Error] Follows Six-Sigma Approach to achieve the benchmark of 'Zero-Error' The contents of the book are as follows: • Basic concepts that one must know • Residential status and its effect on tax incidence • Income that is exempt from tax • Income under the head 'Salaries' and its computation • Income under the head 'Income from house property' and its computation • Income under the head 'Profits and gains of business or profession' and its computation • Income under the head 'Capital gains' and its computation • Income under the head 'Income from other sources' and its computation • Clubbing of income • Set off and carry forward of losses • Permissible deductions from gross total income • Meaning of agriculture income and its tax treatment • Individuals – Computation of taxable income • Hindu undivided families – Computation of taxable income • Firms and association of persons – Computation of taxable income • Return of income • Advance payment of tax • Deduction and collection of tax at the source • Interest payable by assessee/Government • Personal Tax Planning • e-Filing of Income-tax Return

Download or read book India Today written by and published by . This book was released on 2000 with total page 1228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s Master Guide to Income Tax Act Uniquely authoritative resource providing unmatched timely and in depth analysis of the amendments to the Income tax Act by the Finance No 2 Act 2024 written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2024-08-19 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master Guide to Income Tax Act is an authoritative and comprehensive resource that is a benchmark in its field. This publication provides an in-depth analysis of the amendments to the Income-tax Act by the Finance (No. 2) Act, 2024, showcasing Taxmann's unparalleled expertise and commitment to precision. What sets this book apart is its unique market position—virtually unmatched due to the timely, detailed analysis only Taxmann can provide. The book is divided into four key sections, which are as follows: • Section-wise Commentary on the Finance (No. 2) Act, 2024 – A detailed analysis of the latest amendments and their practical implications • Income Tax Practice Manual – Serves as a practical guide for tax practitioners, offering step-by-step guidance on TDS, TCS, return filing, and assessment procedures • Gist of Circulars and Notifications – Organised section-wise, this feature allows practitioners to locate up-to-date circulars and notifications easily • Digest of Landmark Rulings – A section-wise summary of vital judicial decisions that have shaped the interpretation of the Income-tax Act, offering a concise understanding of critical rulings This book is essential for tax professionals, legal practitioners, chartered accountants, financial consultants, academicians, and students. It is helpful for anyone involved in tax planning, compliance, litigation, or academic study, providing a thorough understanding of the Income-tax Act. The Present Publication is the 34th Edition, authored by Taxmann's Editorial Board, and provides comprehensive, division-wise coverage with the following key features: • Division One | Section-wise Commentary on the Finance (No. 2) Act, 2024 o This division is the book's cornerstone, featuring over 300 pages of detailed amendment analysis. It covers: § Capital Gains – In-depth analysis of changes in the holding period for capital assets, indexation benefits, and tax rates for long-term and short-term capital gains. It also covers amendments to the taxation of unlisted bonds, debentures, and gifts § Taxation of Buyback of Shares – Detailed examination of amendments affecting the buyback of shares and TDS on deemed dividends arising from the buyback § Taxation of Charitable and Religious Trusts – Comprehensive analysis of shifts from approval-based to registration-based exemptions and powers given to tax authorities to condone delays in filing an application for registration § Income and Tax Computation – Analysis of amendments affecting standard deductions, changes in the new tax regime, and impacts on salary income § Business Income – Analysis of changes affecting the profits and gains from business or profession, including presumptive taxation schemes for cruise ships and amendments affecting Arm's Length Price determinations § Deductions and Exemptions – Analysis of changes in deductions under Section 80CCD for contributions to pension schemes, expanded definitions of specified funds, and exemptions for entities in IFSC § Returns & Assessment – Detailed discussion of amendments to reassessment procedures and block assessments § TDS/TCS – Overview of changes in provisions relating to TDS/TCS, including rationalisation of rates and new provision for claiming TCS credit under Section 192 § Penalties and Prosecution – Explanation of new penalties for non-compliance, changes in limitation periods for imposing penalties, and decriminalisation of some offences § Miscellaneous – Coverage of miscellaneous amendments, including the abolition of the 'Angel Tax' and changes to Aadhaar requirements for tax filing o The key features are as follows: § [Comprehensive Commentary] The section-wise commentary includes a detailed examination of every change made by the Finance (No. 2) Act, 2024, focusing on the following: ■ Pre-amendment Position ■ Impact of Amendments ■ Date of Applicability § [Supporting Materials] The analysis is enriched with supporting case laws, circulars, notifications, etc., providing a robust foundation for understanding the amendments § [Illustrative Approach] Illustrations and case studies are used to explain complex amendments, making it easier for readers to grasp the implications § [Gaps and Opinions] The authors not only explain the amendments but also identify potential gaps and provide reasoned opinions on possible outcomes § [Structured Overview] Each chapter begins with a concise summary of the amendments or new sections, supported by cross-referenced discussions for easy navigation. • Division Two | Income Tax Practice Manual o This division is a practical guide, providing step-by-step guidance on compliance and procedural requirements. It covers the essential aspects of tax practice, including: § Deduction and Collection of Tax at Source – Comprehensive guide on TDS/TCS provisions, procedural aspects, and practical insights for compliance § Return of Income – Comprehensive analysis of all provisions relating to filing returns by various taxpayer categories § Assessment/Reassessment – Detailed procedures and timelines for assessments and reassessments, ensuring accurate and timely compliance • Division Three | Gist of Circulars, Clarifications & Notifications o From 1961 to June 2024, this division provides a concise summary of all relevant circulars, clarifications, and notifications. It is organised both section-wise and date-wise, ensuring quick and easy access to the necessary information • Division Four | Digest of Landmark Rulings o This division compiles landmark rulings from 1922 to June 2024, organised section-wise and date-wise. It provides insights into judicial interpretations that have significantly influenced the application of the Income-tax Act

Download or read book Taxmann s Direct Taxes Law Practice AY 2024 25 The go to guide for students professionals for over 40 years equips the reader with ability to understand apply the law CA CS CMA written by Dr. Vinod K.Singhania and published by Taxmann Publications Private Limited. This book was released on 2024-07-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over 40 years, Taxmann's flagship publication on Direct Taxes has been the 'go-to-guide' for students and professional practitioners. This book is designed to help readers understand the law and develop the ability to apply it effectively. It aims to provide the following: • [Familiarity with Direct Tax Provisions] Understand the fundamental aspects of direct tax laws • [Awareness of Direct Tax Provisions] Understand the specific provisions and their implications • [Understanding the Nature and Scope] Comprehend the breadth and application of direct tax laws • [Up-to-date Knowledge] Stay updated about how various courts have interpreted statutory provisions over time Written in clear and simple language, this book explains the provisions of the law in a step-by-step and concise manner, using suitable illustrations and avoiding legal jargon and paraphrasing sections. This book will be helpful for students preparing for CA, CS, ICWA, M.Com., LL.B. and MBA examinations, as well as for those appearing in the income-tax departmental examination. The Present Publication is the 71st Edition for A.Y. 2024-25 (amended up to 15th June 2024), authored by Dr Vinod K. Singhania & Dr Kapil Singhania. The noteworthy features of this book are as follows: • [Self-Learning/Practice Book] Designed with a learn-yourself technique, enabling students to grasp and apply the law more quickly • [Concise Treatment of Text] The content is organized in numbered paragraphs and sub-paragraphs, saving time and effort. Debatable issues are thoroughly discussed and resolved • [Well-Thought-Out Original Problems] Each paragraph begins with analytical discussions supported by over 600 original problems, illustrating complex provisions in a unique style. Tax planning hints are provided where applicable • [Up-to-date Content] Includes the latest circulars, notifications, amendments, and case laws up to 15th June 2024. Recent court rulings, circulars, and notifications are highlighted • [Past Exam Questions with Answers] Contains questions from CA Final exams (Nov. 2013 to Nov. 2023), post-graduate, and professional exams, along with solutions for both theory and practical questions, based on the law applicable for A.Y. 2024-25. • [Six-Sigma Approach] Adheres to the Six-Sigma methodology to achieve the benchmark of 'Zero-Error' The detailed coverage of this book includes: • Basic Concepts • Residential Status and Tax Incidence • Incomes Exempt from Tax • Salaries • Income from House Property • Profits and Gains of Business or Profession • Capital Gains • Income from Other Sources • Income of Other Persons included in Assessee's Total Income • Set Off and Carry Forward of Losses • Deductions from Gross Total Income and Tax Liability • Agricultural Income • Typical Problems on the Assessment of Individuals • Tax Treatment of Hindu Undivided Families • Special Provisions Governing Assessment of Firms and Associations of Persons • Taxation of Companies • Assessment of Co-operative Societies • Assessment of Charitable and Other Trusts • Returns of Income and Assessment • Penalties and Prosecution • Advance Payment of Tax • Interest • Tax Deduction or Collection at Source • Refund of Excess Payments • Appeals and Revisions • Income-tax Authorities • Settlement Commission and Dispute Resolution Committee • Special Measures in Respect of Transactions with Persons Located in Notified Jurisdiction Area • General Anti-avoidance Rule • Advance Ruling • Search, Seizure and Assessment • Transfer Pricing • Business Restructuring • Alternative Tax Regime • Tax Planning • Miscellaneous • Annexures o Tax Rates o Rates of Depreciation o The Eleventh Schedule, Thirteenth Schedule, Fourteenth Schedule/ Investment ceiling in the case of small-scale industrial undertaking o Notified backward districts o Question set for CA (Final) Examination and Answers from Nov. 2013 to Nov. 2023

Download or read book Business World written by and published by . This book was released on 2000-07 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Business India written by and published by . This book was released on 2000-06 with total page 1258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book BCAS X Taxmann s Tax Deduction Collection at Source Law and Procedure Comprehensive TDS TCS guide by 10 experts covering all aspects including international transactions compliances etc written by Bombay Chartered Accountants' Society and published by Taxmann Publications Private Limited. This book was released on 2024-01-08 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, divided into 60+ chapters relating to each provision of TDS and TCS, aims to empower tax professionals with the necessary knowledge and insights to effectively navigate laws relating to tax deduction and collection at source. It results from the collaborative work of thirteen professional volunteers, offering a rich pool of knowledge. This comprehensive guide is indispensable for accountants, tax professionals, auditors, and anyone involved in financial management or tax compliance. Its detailed analysis of each section and practical insights make it an essential reference for effectively understanding and applying TDS and TCS provisions. The book also includes guidance on TDS in international transactions, including the interplay between domestic law and double tax avoidance treaties and procedural aspects like issuing Forms 15CA, 15CB, 10F, etc. The Present Publication is the 2024 edition. This book is spearheaded by CA Anil Sathe, Nilesh Kapadia, and CA Nina Kapasi, who provided mentorship and review to ensure content accuracy and thoroughness. The authors of this book include Anita Basrur, Ayesha Aziz, Bhaumik Goda, Bhavik Dholakia, Divya Jokhakar, Harsh Kothari, Kausar Sheikh, Krishna Upadhyay, Nilesh Kapadia, Pranay Gandhi, Saroj Maniar, Sharad Sheth and Sneha Gohil. Taxmann exclusively published this book for the Bombay Chartered Accountants' Society (known for its commitment to excellence in the realm of taxation). The structure of the book is as follows: • Introduction and Overview o The book begins with an insightful introduction and discusses the complexities of tax deduction and collection, providing a solid foundation for understanding the subsequent sections. • Exclusive Chapter on each Section o The book contains 62 chapters dedicated to each section of TDS or TCS. Every chapter deals in depth with the obligations of the deductor or collector, the point of tax deduction or collection, payments subject to TDS or TCS, TDS or TCS Rates, compliances involved, guidance on complex issues with case laws and illustrations, etc. • Global and Non-Resident Taxation o The book also includes a detailed treatise on TDS on payments in international transactions, including the interplay between domestic law and double tax avoidance treaties and the procedural aspects like issuing Forms 15CA, 15CB, 10F, etc. • Administrative Aspects and Compliance o The final chapters cover administrative and compliance aspects, such as issuing certificates for deduction at lower rates (Section 197) and the duties of persons deducting tax (Section 200). The book concludes with detailed discussions on special provisions for non-filers of income tax returns (Sections 206AB and 206CCA), adding significant value for tax professionals w.r.t. compliance challenges

Download or read book Taxmann s Master Guide to Income Tax Act written by George Koshi and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The British National Bibliography written by Arthur James Wells and published by . This book was released on 2003 with total page 1926 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book American Book Publishing Record written by and published by . This book was released on 2001 with total page 2744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Guide to Kelkar Committee s Final Report on Direct Taxes written by and published by . This book was released on 2002 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: With reference to India.

Download or read book International Books in Print written by and published by . This book was released on 1998 with total page 1294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indian Books in Print written by and published by . This book was released on 2003 with total page 1118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxmann s Overseas Investment Ready Reckoner Simple exhaustive and practically useful guide on the New OI Regime with compounding orders case studies practical examples written by CA Sudha G. Bhushan and published by Taxmann Publications Private Limited. This book was released on 2023-07-27 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive book on overseas investment outside India by various entities covering all provisions in every possible detail. Every attempt has been made in the book to keep the complex law simple. Pictorial representation, checklist, examples, case studies, and compounding orders issued by the Reserve Bank of India have also been provided for clear understanding. It is a one-stop solution to all the needs of professionals, global investors, institutional investors, CFOs of multinational companies looking to expand globally, and the AD banks dealing with overseas investment for undertaking the transaction and effective implementation, management and execution of overseas investment in India. The Present Publication is the Latest 2023 Edition and has been amended up to June 2023. This book is authored by renowned CA Sudha G. Bhushan with the following noteworthy features: • [Exhaustive Commentary] on all the Sections, Rules, Regulations, Master Directions, etc., as applicable to overseas investment • [Practical Examples] are used in this book to explain every point • [Entity-wise Bifurcation of Various Provisions under Overseas Investment] All provisions with respect to one type of entity, i.e., Residents, IFSC, Companies etc., are discussed in the respective chapters. This makes the book useful for practitioners who are advising their clients. • [Extensive Discussion on Guidelines and Procedures Required for Transaction] have been discussed in detail The structure of the book is as follows: • The book deals with the Foreign Exchange Management (Overseas Investment) Rules, 2022 and Foreign Exchange Management (Overseas Investment) Regulations, 2022, along with Foreign Exchange Management (Overseas Investment) Directions, 2022 [New Regime/Revised Regulatory Framework/New OI Regime] in entirety • It is divided into seventeen chapters and deals with the subject matter of making investments outside India in great detail o Chapters 1 and 2 touch upon the basic framework of the making overseas investment outside of India o Chapter 3 dissects the new definition that has been introduced in the new framework o Chapter 4 deals with grandfathering provisions with regard to erstwhile investments made in the old regulations o Chapter 5 deals in great length with the manner and process of making investments outside India • Chapter 6 deals with Overseas Direct Investment, Overseas Portfolio Investment and Financial Commitment which are at the helm of understanding investment outside India. All the provisions are discussed with examples to make it transaction oriented • To make the provisions more helpful to practitioners, the book discusses the entity-wise manner of making investments outside of India o Chapter 7 deals with overseas investment by Resident Individual o Chapter 8 deals with overseas investment by Trusts/Societies/AD Banks/Depository/Stock Exchanges o Chapter 12 deals with overseas investment by AIFs and Venture Capital Funds • The New OI Regime promotes and enables overseas investment in the financial services sector, including IFSC o Chapter 9 deals with IFSC in detail o Chapter 10 deals with the role and responsibility of AD Banks with regard to overseas investments • Under the erstwhile regime, several conditions were imposed concerning the transfer and disinvestment of overseas direct investments. The same has been done away with the new regime o Chapter 11 deals with the exit from overseas investment in detail o Chapter 13 deals with loans to foreign entities, which has been significantly rationalised • One of the considerable reliefs provided in the New OI regime is the extension of the facility of Late Submission Fees (LSF) to the reporting non-compliances of overseas investment o LSF has been dealt with in detail in Chapter 14 o Chapter 15 discusses every possible aspect of compounding • The Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) Regulations, 2015 have also been repealed and have been subsumed in the New OI Regime o The provisions with regard to the acquisition and transfer of immovable property outside India under the new regime have been discussed in Chapter 16 • Chapter 17 deals with the reporting requirements for overseas investment. • Chapter 18 presents the intricacies of TCS provisions on remittances under the liberalised remittance scheme in a simplified manner • Chapter 19 presents the reporting requirements for overseas investments The detailed contents of the book are as follows: • Introduction • New Overseas Investment Regime • New Definitions Introduced • Erstwhile Investments • Framework of New Overseas Investment Regime • Overseas Investment • Investment by Resident Individuals • Overseas Investment by Trusts/Societies/AD Banks/Depository/Stock Exchanges, etc. • Investment in IFSC • Role and Responsibility of AD Banks • Exit from Overseas Investment • Overseas Investment by AIFs and Venture Capital Funds • Loan to Foreign Entities • Late Submission Fees (LSF) • Compounding under FEMA • Acquisition of Immovable Property Outside India • Cross Border Transaction with Regard to Virtual Currencies • TCS on Remittances under Liberalised Remittance Scheme • Reporting of Overseas Investments