Author Description

This book is a comprehensive, updated, and annotated text of the Income-tax Rules, 1962, incorporating all amendments. It includes 25+ allied rules, schemes, and return forms for the Assessment Year 2025-26. This book is intended for the following audience: • Tax Professionals & Chartered Accountants – A ready reference to the latest Income-tax rules, return forms, allied schemes, and compliance pointers • Corporate & In-house Legal/Tax Teams – Streamlined guidance on newly amended procedures, faceless schemes, e-Verification, and other e-governance provisions • Government Officials & Policy Framers – Authoritative text of the amended rules, vital for administrative clarity and policy-making • Academics & Researchers – Thorough analysis of legislative evolution for higher studies and research into Indian direct taxes The Present Publication is the 62nd Edition | 2025, and all available amendments notified up to the Income-tax (Fifth Amendment) Rules, 2025, have been incorporated. This book is edited/authored by Taxmann's Editorial Board, with the following noteworthy features: • [Complete & Updated] Covers the amended, updated, and annotated text of the Income-tax Rules, 1962, including the latest amendments made by the Fifth Amendment Rules, 2025 • [25+ Allied Rules, Schemes & Return Forms] Consolidates all rules/schemes relevant to direct tax law (e.g., STT, CTT, ICDS, Benami Rules, Faceless Schemes, etc.) Includes new & revised return forms for AY 2025-26 • [Comprehensive Guide to Amendments (2024–25)] Details every insertion, substitution, omission, or modification in the Income-tax Rules, ensuring no compliance gaps • [Annotated & Cross-referenced] Editorial notes, relevant judicial rulings, circulars, and references to the Income-tax Act for in-depth understanding • [Zero-error Approach] Six Sigma methodology ensures minimal typographical or cro