Applicable for November 2023 Examination.

Features -
• Concise presentation of the provisions of the Income-tax Act as amended by the Finance Act, 2022 Relevant for students pursuing academic and professional course The concept of tax planning and General Anti Avoidance Rules (GAAR) with reference to various sources of income are specifically dealt with
• Important provisions of International Taxation, namely, Transfer Pricing, DTAA, Equalisation levy, Model Tax Conventions, Application and Interpretation of Tax Treaties and fundamentals of Base Erosion and Profit Shifting (BEPS) are elucidated
• Income Computation and Disclosure Standards (lCDS) dealt in
• Updated Rules, important circulars and case law as reported up to April are Amendments made to Income-tax Act by the Finance Act, 2022, though incorporated at appropriate Places are given separately in Appendix-I so as to enable effective revision by the students.
• Answers to the select questions of past 17 examinations of CA Final – Direct tax Laws and International Taxation are regrouped and given at the end of each chapt
• Easy approach to learn the principles relating to computation of taxable income under each head of income together with suitable formats prescribed Apt illustrations, case studies and exercises provided

INDEX FOR CONTENTS
• Syllabus for CA Final Direct Tax Laws and International Taxation
• Syllabus for CS Professional Programmne
• Syllabus for CMA Final
• Arrangement of Sections
• Analysis of Past CA Final Exam Papers
• Appendix-1
1. Recent Amendments applicable for AY 2023-24
2. Recent and select case law
3. Suggested Answers for CA Final. Nov 2022 Examination

Part 1- Direct Tax
1.Preliminary
2.Basis of Charge
3.Incomes which do not form part of Total Income
4.Computation of Total Income
5.Salaries
6.Income from House Property
6A.Profits and Gains of Business or Profession
7.Capital Gains
8.Income from Other Sources
9.Income of Other Persons, Included in Assessee's Total Income
10. Aggregation of Income and Set Off or Carry Forward of Loss
11Deductions to be made in Computing Total Income
12.Rebates and Relief
12A.Heads of Income-At a glance
13.Income computation and disclosure standards (ICDS)
14A.Basic provisions applicable to companies
14B.Minimum Alternate Tax
14C.Tax on distributed profits by certain entities
14D.Special provisions relating to income of shipping company
15.Alternate Minimum Tax- AMT
16A.Alternate Tax Regime (ATR)-Tax on Income of Individuals & HUFS-115BAC
16B.ATR-Tax on Income of Certain Resident co-operative societies-Sec 115BAD
17.Income Tax authorities
18.Filling of Return of Income
19.Procedure for Assessment
20.Search & Seizure
21.Liability in special cases
22.Special Provisions applicable to firms
23.Taxation of Trusts
24.Deduction and Collection of Tax at source
25.Advance Tax, Recovery and Refunds
26.Dispute Resolution Committee
27.Appeals and Revisions
28.Requirement as to mode of acceptance, Payment or Repayment in certain cases to Counteract evasion of tax
29.Penalties imposable
30.Offences and prosecutions
31.Miscellaneous
32.Tax Management & GAAR

Part II- International Taxation
1.Taxation of Non- Residents
2.Transfer Pricing
2A.Provisions in respect of International Group and Avoidance of Tax
3.Advance Rulings
4.Double Taxation Relief
5.Equalisation levy
6.Overview of Model Tax Convention
7.Application and Interpretation of Tax Treaties
8.Base Erosion and Profit Shifting