Taxmann's Direct Tax Laws & International Taxation

Direct Tax Laws & International Taxation – Problems and Solutions, is a book specifically designed for students, on the subject of CA Final | Paper 7 | Direct Tax Laws and International Taxation (New/Old Syllabus). The objective of the book, as the name suggests, is to provide students with practice questions and MCQs to help better understand the application of the provisions of Direct Taxes and provide guidance on how to prepare for, and present in the examination.


The Present Publications is the Latest Edition (For New/Old Syllabus) & Updated till 31st October 2020, authored by CA V. Rahul Agarwal, with the following noteworthy features:




• The book has 43 Chapters covering:


𝚘 Part A – Direct Taxation (70 marks)


𝚘 Part B – International Taxation (30 marks)


• Applicable for CA Final students of both Old and New Syllabus


• Use of handwritten fonts and ruled page format to provide the book a nice and personal touch.


• Each chapter is further divided into 3 sections, from the educational materials, RTPs, MTPs and past examination papers of both old and new syllabus of ICAI issued up to 31 October 2020 (As Amended by Finance Act, 2020, applicable for May and November 2021 exam), extensively covering the following:


𝚘 MCQs


𝚘 Theory Questions


𝚘 Practical Questions from the educational materials, RTPs, MTPs and past examination papers of both old and new syllabus of ICAI issued upto 31 October 2020 (As Amended by Finance Act, 2020, applicable for May and November 2021 exam)


• Suggested Answers of November 2020 exam, as amended with provisions applicable for May and Nov 2021 examination, are also included


• All answers are provided in line with the strict language followed by ICAI for examinations, to ensure better presentation


• Summary of special adjustments from the Past Examination papers summarized at the start of the Book to act as ready reckoner, the day before the exam


• The contents of the book are as follows:


• Part A – Direct Taxation


𝚘 Basics of Income Tax


𝚘 Special Tax Regime


𝚘 Taxation of Agriculture Income


𝚘 Income from Salary


𝚘 Income from House Property


𝚘 Profits and Gains of Business or Profession & Income Computation & Disclosure Standards


𝚘 Capital Gains


𝚘 Taxation of Business Re-Organisation


𝚘 Taxation of Distribution to Owners


𝚘 Income from Other Sources


𝚘 Taxation of Dividends & Income from Units


𝚘 Comprehensive Questions


𝚘 Assessment of Firms & LLP


𝚘 Assessment of AOP & BOI


𝚘 Assesment of NPO and Exit Tax


𝚘 Assessment of Business Trust


𝚘 Assessment of Other Persons


𝚘 Taxation of Unexplained Income


𝚘 Clubbing of Income


𝚘 Set-Off and Carry Forward of Losses


𝚘 Exemptions & Section 10AA Deductions


𝚘 Chapter VI-A Deduction


𝚘 Minimum Alternate Tax [Section 115JB] & Alternate Minimum Tax [Section 115JC]


𝚘 TDS & TCS


𝚘 Payment of Taxes & Return Filing


𝚘 Assessment Procedure


𝚘 Appeals & Revisions


𝚘 Settlement Commission


𝚘 Tax Planning, Avoidance & Evasion


𝚘 Penalties, Offence & Prosecution


𝚘 Liability in Special Cases


𝚘 Statement of Financial Transactions (SFT) & Miscellaneous Provisions


• Part B – International Taxation


𝚘 Transfer Pricing & Related Provisions


𝚘 Residential Status & Scope of Total Income


𝚘 Non-Resident Taxation


𝚘 Double Taxation Relief


𝚘 Advance Rulings


𝚘 Equalisation Levy


𝚘 Overview of Model Tax Conventions


𝚘 Application and Interpretation of Tax Treaties


𝚘 Fundamentals of BEPS