With question bank for B.COM Taxation Specialisation of MG University Syllabus. This is a simple and comprehensive text on Income Tax intended for the students and teachers at the graduation level. The complicated theories have been simplified in this book to the maximum extent possible with large number of supportive illustrations and examples, with a student friendly approach. The book has been written incorporating all the amendments in the Income Tax Act and Rules relevant for the assessment year 2022-23. Income Tax for Assessment Year 2022/2023