The Present Publication is the 65th Edition, with the following noteworthy features:Taxmann’s Bestseller Book for more than Five-DecadesFollows the Six Sigma Approach to achieve the Benchmark of ‘Zero Error’Amended Provisions as per the following: o The Finance Act, 2020o The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020Legislative History of Amendments, since 1961Relevant provisions of all other allied laws referred to in the Income-tax ActSpecially curated 'Guide to Amendments'Comprehensive Table of ContentsRelevant Section Numbers are printed in Folios for Quick Navigation Supplement to Income-tax ActThe Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act 2020, has inserted or amended 39 Sections of the Income-tax Act, 1961. This supplement to Income-tax Act provides all amended and newly inserted Sections. These amendments are relating to: Change in the due dates of various compliancesReduction in the rates of TDS/TCSClarifications regarding amended provisions of residential statusFaceless proceedingsRestoration and deferment of certain provisions relating to trustsExemptions and deductionsTaxation of Alternative Investment Funds (AIFs) Reduced rates of surcharge on dividend income in case of FPIs