1. Income Tax—An Introduction 2. Important Definitions 3. Assessment on Agricultural Income 4. Exempted Incomes 5. Residence and Tax Liability 6. Income from Salaries 7. Income from Salaries (Retirement and Retrenchment) 8. Income from House Property 9. Depreciation 10. Profits and Gains of Business or Profession 11. Capital Gains 12. Income from Other Sources 13. Clubbing of Income and Aggregation of Income 14. Set-off and Carry Forward of Losses 15. Deduction From Gross Total Income 16. Assessment of Individuals (Computation of Total Income) 17. Computation of Tax Liability of Individuals 18. Deduction of Tax at Source 19. Income Tax Authorities 20. Procedure of Assessment 21. Penalties, Offences and Prosecutions 22. Appeal and Revision 23. Tax-Planning 24. Advance Payment of Tax 25. Assessment of Hindu Undivided Family and Computation of Tax Liability 26. Assessment of Firm and Association of Persons and Computation of Tax Liability 27. Recovery and Refund of Tax 28. Settlement of Cases 29. Purchase of Immovable Property by Central Government 30. Assessment of Companies 31. Assessment of Co-operative Societies 32. Tax-Planning for New Business.