Income Tax - 2: Assessment Year 2025-2026 | Prakash Publications | C.B.C.S. B.Com. Programme | Semester 6 | Core Optional - 4

Income Tax – 2 (Assessment Year 2025–2026) published by Prakash Publications is a comprehensive and updated textbook designed for C.B.C.S. B.Com. Programme, Semester 6 (Core Optional – 4) students. The book provides an in-depth understanding of advanced income tax concepts in accordance with the latest provisions of the Income Tax Act applicable for the Assessment Year 2025–26.
It systematically covers computation of income under various heads, assessment of firms and companies, capital gains, deductions, set-off and carry forward of losses, and tax planning aspects. The content is presented in a clear, student-friendly manner with practical illustrations, solved problems, and examples to help learners apply theoretical knowledge to real-life tax situations.
Structured as per university syllabus requirements, this textbook serves as a reliable resource for academic learning, exam preparation, and practical insight into direct taxation. It is ideal for commerce students seeking strong conceptual clarity and up-to-date knowledge of income tax laws.