Snow White Students Handbook on Taxation for CA Intermediate (As Per New Syllabus) by TN Manoharan, GR Hari

Snow White Students Handbook on Taxation for CA Intermediate (As Per New Syllabus) by TN Manoharan, GR Hari

The 2025 edition of the Snow White Student Handbook on Taxation by T.N. Manoharan and G.R. Hari is tailored for B.Com and CA Intermediate students preparing for the September 2026 and January 2026 examinations. This comprehensive guide covers both Income Tax Law and Goods and Services Tax (GST) Law, reflecting the latest legislative updates and examination trends.

Key Highlights of the 2025 Edition

1. Updated Content for AY 2026–27

The handbook incorporates provisions from the Finance (No. 2) Act, 2024, ensuring alignment with the assessment year 2026–27. It includes the latest rules, circulars, notifications, and case laws up to October 2024, providing students with current and relevant information.

2. Structured and Student-Friendly Presentation

The book offers a concise and systematic approach to taxation topics, featuring:

• Clear explanations of complex concepts

• Illustrations and case studies for practical understanding

• Chapter-wise summaries to reinforce key points

• Multiple-choice questions (MCQs) for self-assessment

3. Comprehensive Coverage of Taxation Topics

Income Tax Law:

• Basis of charge and residential status

• Computation of total income under various heads (Salaries, House Property, Business/Profession, Capital Gains, Other Sources)

• Set-off and carry forward of losses

• Deductions under Chapter VI-A

• Rebates and reliefs

• Filing of returns, TDS/TCS, advance tax, and self-assessment

GST Law:

• Introduction to GST and taxable supply

• Charge of GST, exemptions, and time/value of supply

• Input Tax Credit (ITC) and registration

• Tax invoices, credit/debit notes, payment of tax, and returns

• Computation problems and practical exercises

4. Inclusion of Past Examination Questions

The handbook features questions from the past 25 examinations of the Institute of Chartered Accountants of India (ICAI), modified according to the applicable laws for the assessment year 2025–26. This aids students in understanding examination patterns and practicing effectively.

5. Appendix with Recent Amendments

An appendix is provided, listing recent amendments separately to facilitate focused revision, helping students stay updated with the latest changes in tax laws.

6. Coverage of Syllabus Exclusions

The book addresses topic-wise exclusions from the CA Intermediate syllabus as per the ICAI study guidelines, ensuring that students are aware of the content not included in their curriculum.