Taxmann Cracker -Direct and Indirect Taxation Book for CMA Inter by Priyanka Saxena

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 2^nd Edition for the CMA Intermediate | New Syllabus | Dec. 2024/June 2025 Exams. This book is authored by CA CS CMA (Dr.) Priyanka Saxena, with the following noteworthy features:

• [Strict Adherence to the New ICMAI Syllabus] Ensuring complete alignment with the latest requirements
• [Comprehensive Coverage]
• Past Exam Questions – Includes questions from the CMA-Intermediate | June 2024 Exam

• [Introduction to Each Chapter] is included in the book covering the following:
  • Definitions
  • Concepts
  • Formulas

• [Most Updated & Amended] This book is updated & amended as per the following:
• Income Tax Answers are Modified as per A.Y. 2024-25
• GST & Customs Answers are Modified as per the Latest GST & Customs Laws
• [Tabular Summaries] Provided at the beginning of each chapter for quick reference
• [Marks Distribution] Detailed chapter-wise distribution from June 2018 onwards
• [Previous Exam Trend Analysis] From June 2023
• [ICMAI Study-Material Comparison] Provided module-wise for a comprehensive understanding

The contents of this book are as follows:

• Section A – Direct Taxation (DT)
• Overview of Income Tax
• Residential Status
• Incomes Which Do Not Form Part of Total Income
• Income from Salary
• Income from House Property
• Income from Profits and Gains of Business and Profession
• Income from Capital Gains
• Income from Other Sources
• Clubbing of Income
• Set-off and Carry Forward of Losses
• Deductions, Rebate & Relief
• Advance Tax
• TDS & TCS
• Filing of Return of Income
• Self-Assessment & Intimation
• Section B – Indirect Taxation (IDT)
• Introduction to GST
• Concept of Supply
• Exemptions from GST
• Composition Scheme
• Time of Supply
• Valuation under GST
• Input Tax Credit
• Registration under GST
• Tax Invoice
• E-Way Bill
• Returns
• Types of Customs Duties
• Valuation under Custom