Taxmann's Direct Taxes Manual is a three-volume statutory reference on direct taxes, now in its 56th Edition (2026). Volume 1 presents the new Income-tax Act 2025 – 536 sections, 23 chapters and 15 Schedules – as amended by the Finance Act 2026, with six two-way tables mapping every section, rule and form between the 2025 Act and the 1961 Act.
Volume 2 contains the procedural framework in 28 divisions, including the Income-tax Rules 2026, all five faceless schemes, the Income Computation and Disclosure Standards (ICDS) and the ITAT Rules. Volume 3 consolidates Supreme Court and High Court precedents from 1922 to February 2026, CBDT circulars and notifications from 1961 onwards and a compilation of judicially defined words and phrases. The standard desk set for chartered accountants, tax advocates, assessing officers and corporate tax departments. Hardbound, 5,124 pages.
