Description
Taxmann Publications Direct Tax Laws & International Taxation Problems & Solutions by Rahul Agarwal
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:
Part A – Direct Taxation (70 marks)
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:
MCQs
Theory Questions
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
Basics of Income Tax
Special Tax Regime
Taxation of Agriculture Income
Income from Salary
Income from House Property
Profits and Gains of Business or Profession & Income Computation & Disclosure Standards
Capital Gains
Taxation of Business Re-Organisation
Taxation of Distribution to Owners
Income from Other Sources
Taxation of Dividends & Income from Units
Comprehensive Questions
Assessment of Firms & LLP
Assessment of AOP & BOI
Assesment of NPO and Exit Tax
Assessment of Business Trust
Assessment of Other Persons
Taxation of Unexplained Income
Clubbing of Income
Set-Off and Carry Forward of Losses
Exemptions & Section 10AA Deductions
Chapter VI-A Deduction
Minimum Alternate Tax [Section 115JB] & Alternate Minimum Tax [Section 115JC]
TDS & TCS
Payment of Taxes & Return Filing
Assessment Procedure
Appeals & Revisions
Settlement Commission
Tax Planning, Avoidance & Evasion
Penalties, Offence & Prosecution
Liability in Special Cases
Statement of Financial Transactions (SFT) & Miscellaneous Provisions
Part B – International Taxation
Transfer Pricing & Related Provisions
Residential Status & Scope of Total Income
Non-Resident Taxation
Double Taxation Relief
Advance Rulings
Equalisation Levy
Overview of Model Tax Conventions*
Application and Interpretation of Tax Treaties*
Fundamentals of BEPS*
*Applicable only to CA Final New Course
About the author
Rahul Agarwal
V. Rahul Agarwal is an assoicate member of the Institute of Chartered Accountants of India who qualified this course at the young age of 21 with an exemption in Direct Taxation. He also holds a Bachelor in Commerce (Accounting & Finance) from IGNOU University and is currently working in the field of Corporate and International Taxation for over 4 years in the world's leading Big 4.
To further enhance his knowledge base and deliver better, Rahul is also currently pursuing his CS Professional from ICSI, Diploma in International Taxation from ICAI and Masters in Commerce (Finance & Taxation) from IGNOU University,
"Class Notes" and "Problems and solutions" on Direct Tax Laws & International Taxation published by Taxmann, New Delhi is an idea pursued by him from his articleship times with a simple objective of helping his fellow budding members to understand the subject with ease and equip themselves to face the market post qualification.