Snow White Direct Tax Laws & International Taxation (Set of 2 Volumes) - Books for CA/CS/CMA by TN Manoharan, GR Hari

Edition : 46th (2026)

Concise presentation of the provisions of the Income-tax Law as amended by the Finance Act, 2025 ( Assessment Year 2026-27 ) relevant for students pursuing academic and professional courses.

The concept of tax planning and General Anti Avoidance Rules (GAAR) with reference to various sources of income are specifically dealt with.

Key provisions of Black Money Law have been included.

Important provisions of International Taxation, namely, Transfer Pricing, DTAA, Model Tax conventions, Application and Interpretation of Tax Treaties and fundamentals of Base Erosion and Profit Shifting (BEPS) are elucidated.

Updated Rules, important circulars and case law as reported up to October 2025 are cited. Recent and important amendments made to Income-tax Act though incorporated at appropriate places are given separately in Appendix so as to enable effective revision by the students.

Answers to the select questions of past 20 examinations of CA Final- Direct tax Laws and International Taxation are suitably modified regrouped and given at the end of each chapter.

Content of the Books –

Part I – Direct Tax

Preliminary

Basis of Charge

Incomes which do not form part of Total Income

Computation of

Total Income

Salaries

Income from House Propertv

Profits and Gains of Business or Profession

Capital Gains

Income from Other Sources

Income of Other Persons, Included in Assessee’s Total Income

Aggregation of Income and Set Off or Carry Forward of Loss

Deductions to be made in Computing Total Income

Rebates and Reliefs

Heads of Income at a glance

Income computation and disclosure standards (ICDS

Basic provisions applicable to companies

Minimum Alternate Tax

Tax on distributed profits by certain entities

Special provisions relating to income of shipping companies

Special provisions relating to certain persons other than A Company- 115JC

Default Tax Regime – Tax on Income of Certain Assessees

ATR – Tax on Income of Certain Resident Co-operative societies

Income Tax Authorities

Filing of Return of Income

Procedure for Assessment

Search & Seizure and Survey

Special Procedure for Assessment of Search Cases

Liability in special cases

Special Provisions applicable to Firms

Taxation of Trusts

Deduction & Collection of tax at Source

Advance Tax, Recovery and Refunds

Dispute Resolution Committee

Appeals and Revisions

Requirement as to mode of acceptance, Payment or Repayment in certain cases to Counteract evasion of tax

Miscellaneous

Part II – International Taxation

Taxation of Non-Residents

Transfer Pricing

Certain Provisions in Respect of International Group & Avoidance of Tax

Advance Rulings

Double Taxation Relief

Overview of Model Tax Conventions

Application and Interpretation of Tax Treaties

Base Erosion and Profit Shifting

Procedural Law- Important Expressions

Part III – Provisions to Counteract Unethical Tax Practices

Penalties imposable

Offences and prosecutions

Tax Management & GAAR

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015