
Product Description
Income Tax Law and Accounts, 67th Edition (Tax Year 2026-27) by Dr. H.C. Mehrotra and Dr. S.P. Goyal, published by Sahitya Bhawan Publications, is a comprehensive and thoroughly updated textbook covering the latest provisions of the Income Tax Act, 2025 applicable for Assessment Year 2026-27. This edition is meticulously revised to reflect current amendments, tax rates, and compliance requirements, making it a reliable and trusted resource for accurate tax education. The book offers clear, step-by-step explanations of core income tax concepts including residential status, heads of income (salary, house property, profits and gains of business or profession, capital gains, and income from other sources), deductions under Chapter VI-A, computation of total income and tax liability, and assessment procedures. Each topic is supported with practical illustrations, solved numerical problems, and updated accounting treatments to help readers build strong conceptual clarity and problem-solving skills. Designed to meet the needs of a wide readership, this book serves as an essential resource for B.Com, M.Com, and BBA students, as well as CA, CS, CMA, and LLB aspirants preparing for university examinations and professional courses. It is equally valuable for college and university teachers as a reliable teaching reference, for competitive examination aspirants requiring strong fundamentals in taxation, and for practicing tax professionals and accountants seeking an updated guide to current income tax law. Known for decades for its simple language, systematic presentation, and exam-oriented approach, Sahitya Bhawan Publications continues to be a preferred choice among commerce and taxation students across Indian universities. This 67th edition upholds that legacy with fully updated content aligned to the latest tax year requirements. Read more


