Taxmann Cracker -Direct and Indirect Taxation Book for CMA Inter by Tarun Agarwal, K.M. Bansal

This book is specifically designed to meet the requirements of the Intermediate Level Cost & Management Accountancy Examination. It includes past exam questions and detailed answers aligned with the latest ICMAI syllabus.

The Present Publication is the 3^rd Edition for the CMA Intermediate | New Syllabus | Dec. 2025/June 2026 Exams. This book is authored by CA Tarun Agarwal and CA. (Dr) K.M. Bansal, with the following noteworthy features:

• [Strictly as Per the New ICMAI Syllabus] Ensures complete alignment with the latest requirements
• [Content Coverage]
  • Past Exam Questions, including Module-wise Solved Paper of June 2025
• [Tabular Summaries] Provided at the beginning of each chapter for quick reference
• [Marks Distribution] Detailed chapter-wise distribution from July 2023 onwards
• [Previous Exam Trend Analysis] covered from July 2023
• [Most Updated & Amended] This book is updated & amended as per the following:
  • Income Tax Answers are Modified as per A.Y. 2025-26
  • GST & Customs Answers are Modified as per the Latest GST & Customs Laws
• [ICMAI Study-Material Comparison] Provided module-wise for a comprehensive understanding

The contents of this book are as follows:

• Section A – Direct Taxation (DT)
  • Module 1 - Basics of Income-tax Act
    • Basic Concepts, Basis of Charge and Capital & Revenue Receipts
    • Residential Status and Scope of Total Income
    • Agricultural Income
    • Income Which Do Not Form Part of Total Income
  • Module 2 - Heads of Income
    • Income from Salaries
    • Income from House Property
    • Income from Profits and Gains of Business or Profession
    • Income from Capital Gains
    • Income from Other Sources
  • Module 3 - Total Income and Tax Liability of Individuals and HUF
    • Income of Other Person Included in Assessee's Total Income (Clubbing of Income)
    • Set-off and Carry Forward of Losses
    • Deductions, Rebate & Relief
    • Taxation of Individual & HUF
    • Advance Tax
    • Tax Deducted at Source and Tax Collected at Source
    • Filing of Return of Income
    • PAN
    • Self-Assessment and Intimation
• Section B – Indirect Taxation (IDT)
  • Module 4 - Concept of Indirect Taxes
  • Module 5 - GST Law
    • Introduction to GST Law
    • Levy and Collection of CGST and IGST
    • Basic Concepts of Time, Place and Value of Supply
    • Input Tax Credit
    • Computation of GST Liability
    • Registration under GST
    • Tax Invoice and E-Way Bill
    • Returns and Payment of Tax
  • Module 6 - Customs Law
    • Customs Act - Basic Concepts and Definitions
    • Types of Duties
    • Valuation Rules
    • Computation of Assessable Value and Duties