The book has lucid commentary on Income Tax with Illustrations, duly updated with all the recent amendments. It is a comprehensive and critical study of law relating to income-tax. The crux of every provision has been provided in a unique manner. At the end of every provision and illustration, a synopsis have been highlighted under a frame. The amendments made by the Finance Act, 2018 have been highlighted separately with the effective dates, at relevant places. A section-wise study with page and para referencing have been provided at the beginning of every chapter, which facilitates reader quick glance through. To facilitate easy and quick reference, a consolidated table of cases, section-wise referencer, list of rules and list of circulars referred to in the book have been provided.