DTC of ICAI arranges discount on various books related to Income tax act by different publishers for it’s members

written by Income tax Expert | May 7, 2021

As a member in practice or in service one need to always stay updated with Income tax act and for that one needs to get access to the updated tax law.

Direct Tax committee of ICAI has arranged such discount for it’s members. Details of same are as under:

(i) Direct Taxes Committee of ICAI enters into an arrangement with Taxmann Allied Services Private Limited w.r.t Virtual Books- Income-tax Act as amended by Finance Act, 2021 (INR 1297 only plus taxes), Income Tax Rules, 2021 (INR 1284 only plus taxes) & Direct Tax Ready Reckoner [AY 2021-22, AY 2022-23] (INR 1102 only plus taxes) p.a. at subsidized price to the members of ICAI.

(ii) Discount offers on Hard Copies.

As an ongoing attempt to enable the members to keep pace with the latest developments in direct taxes, the Direct Taxes Committee of ICAI has entered into an arrangement with Taxmann to provide its Virtual Books- Income-tax Act as amended by Finance Act, 2021 at a subsidized price of Rs. 1297/- (plus taxes) p.a. vis-a- vis its market price which is Rs. 1995/-, Income Tax Rules, 2021 at a subsidized price of Rs. 1284/- (plus taxes) p.a. vis-a-vis its market price which is Rs. 1975/-& Direct Tax Ready Reckoner [AY 2021-22, AY 2022-23] at a subsidized price of Rs. 1102/- (plus taxes) p.a. vis-a- vis its market price which is Rs. 1695/-. With this, the Committee has tried to make available, relevant educational resources at a subsidized cost to the members, which in turn would enable them to discharge their functions in a more effective manner.

It may be mentioned that this facility is available to members of ICAI ONLY. Taxmann has agreed to provide same rate of discount on its list price of above virtual books for any subsequent editions during the period of agreement till 19th Feb,2024.

The brief features of the site ‘Virtual Books’ are given below:
• Gives you an alternative to read the book in HTML or E-book format.
• Uninterrupted reading experience with the power of search.
• Search anything in the entire book in just one click.
• Automatically pickup from where you left.
• Create multiple bookmarks to access them from one window.
• Research box to save all your work.
• Option to switch to Dark/Night Reading Mode.

The validity of the said arrangement is valid for a period of 3 years till 19th Feb, 2024. The link of the said arrangement is as follows: https://bit.ly/2PAtMPO

For any query, please contact:
➢ Email – sales@taxmann.com
➢ Phone No. – 011 – 4556 2222

(ii) Books: Further note that certain publishers have written to DTC offering discount of 40% and above on hard copies of Act, Rules, Ready Reckoner, etc. for chartered accountants. Publishers have/shall directly send you offers. You may take advantage of such off.

 

To read full notification CLICK HERE.

In this regard we would like to state that ICAI has taken a great step for the benefit of it’s members but as far as virtual book is concerned Income tax act and Income tax rules are easily accessible on official website of Income tax India. Thus, only the ready reckoner would be of a bit help to members.

It would have been better if the institute would have brought some good discount on hard copies as that is what most professionals purchase and also disclosed which other publisher has offered to give discounts.