Cracker Direct Tax Laws CA Final By CA Ravi Chhawchharia May 2024

This book is prepared exclusively for the requirements of the Final Level of Chartered Accountancy Examination. It covers the questions & detailed answers strictly as per the new syllabus of ICAI.

The Present Publication is the 7^th Edition for CA Final | New Syllabus | May 2024 Exam. This book is authored by CA Ravi Chhawchharia, with the following noteworthy features:

• Strictly as per the New Syllabus of ICAI
• Coverage of this book includes:
• All Past Exam Questions and Answers, including:
• CA Final Nov. 2023 (New Syllabus)
• [600+ Practical Questions & Answers] for self-practice
• [Updated Solutions/Answers] as per Law applicable for A.Y. 2024-25
• [Marks Distribution] Chapter-wise marks distribution for Past Exams | Nov. 2018 onwards
• [Previous Exam Trend Analysis] from Jan. 2021 onwards
• [Comparison with Study Material] Chapter-wise comparison with ICAI Study Material

Contents of this book are as follows:

Part I – Direct Tax Laws (70 Marks)

• Profits and Gains of Business or Profession
• Capital Gains
• Income from Other Sources
• Tax on Conversion of Unaccounted Money
• Income of Other Persons, Included in Assessee’s Total Income (Clubbing of Income)
• Set-off of Losses or Carry Forward and Set-off of Losses
• Deductions from Gross Total Income
• Deduction for Co-operative Societies
• Deduction for Special Economic Zone
• Taxation of Political Parties & Electoral Trust
• Expenditure on Exempt Income
• Taxation of Charitable/Religious Trusts
• Taxation of Mutual Concerns
• Application vs. Diversion of Income
• Minimum Alternate Tax (MAT)
• Taxation of Firms, LLP and AOP/BOI
• Alternate Minimum Tax (AMT)
• Taxation of Business Trusts (REITs, InvITs)
• Assessment Procedures
• Appeals and Revisions
• Survey, Search and Seizure
• Provisions to Counteract Unethical Tax Practices
• Liability in Special Cases
• Assessment of HUF
• Tax Deduction and Collection at Source
• Taxation of Digital Transactions
• Collection and Recovery of Tax
• Interest
• Miscellaneous Topics, STT/CTT and IFSC
• Tax Planning, Tax Avoidance and Tax Evasion (Including GAAR)

Part II – International Taxation (30 Marks)

• Tax Incidence in India
• Taxation of Non-Residents
• Double Taxation Relief
• Transfer Pricing
• Advance Rulings
• Overview of Model Tax Conventions
• Application and Interpretation of Tax Treaty
• Fundamentals of BEPS

– – About the author – –

CA Ravi Chhawchharia is an All India Rank holder in Chartered Accountancy (ICAI), Company Secretaries (ICSI) and Cost and Management Accountancy (ICMAI) exams.

He is western India’s leading educationist in professional studies (CA, CS, ACCA) and mentored the highest number of CAs from Surat with 250+ All India Rank holders. He has the credit of giving the first-ever All India 1^st Rank to the city in CA exams. He has 15 years of rich teaching experience in Direct Taxes, Financial Management, Costing and Business Laws. He was recently honoured by Gujarat’s Chief Minister, Vijay Rupani, for his contribution to education.

He has authored various books on Direct Taxes, Corporate Laws, Financial Management and Costing, which has helped thousands of professional courses students study and pass their exams. He has presented research papers at various forums of ICAI, ICSI, Colleges and Universities.