Description: • Bare text of the Income-tax Act with concise legal summary. • Basic scheme of the sections recapitulated in a simplified language. • Sections enriched with relevant legislative history. • Guidance Notes containing relevant case laws, circulars, notifications, clarifications and general points to remember while applying the section. • References to the relevant rules and forms have been provided at appropriate places. • Text of Finance (No. 2) Act, 2009 • Rates of Income-tax for the last ten years. • Special rates of Income-tax for the last five years.