New Reassessment Regime – Law | Procedure | Practical Guide 2025

New Reassessment Regime – Law | Procedure | Practical Guide (2025) is a definitive manual designed for professionals and corporates navigating India’s updated reassessment framework. It thoroughly covers the legal provisions under Sections 147, 148, and 149 of the Income-tax Act, explaining the circumstances for reopening assessments and the powers of tax authorities. The book provides practical guidance on responding to reassessment notices, compiling evidence, computing income, and managing procedural timelines. It also includes strategic insights on faceless reassessment procedures, compliance requirements, and minimizing litigation risk. Detailed illustrations, checklists, and procedural flowcharts make it highly actionable for day-to-day practice. Updated with the latest amendments, notifications, and judicial interpretations for 2025, this guide bridges statutory law and real-world application. It is an indispensable resource for tax professionals, chartered accountants, corporate finance teams, and advocates involved in reassessment proceedings.