Taxmann's CA Final Direct Tax Laws & International Taxation By CA Ravi Chhawchharia For November 2021 Exam

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CA Final Direct Tax Laws & International Taxation By CA Ravi Chhawchharia


Direct Tax Laws & International Taxation provides practical application of Direct Tax Laws & International Tax in a holistic approach while testing the analytical skills of the reader. The crux of this book is to strike a perfect balance between 'detailed studies' and 'summarised approach'. This book covers the entire new syllabus as prescribed by ICAI, and it is written with an explanatory & analytical approach.

This book will be helpful for the students of CA-Final, CS-Professional, CMA-Final, M.Com/MBA/LL.B./LL.M. & other professional exams.

The Present Publication authored by CA Ravi Chhawchharia, is the 2nd Edition for New Syllabus (Updated till 31-04-2021), with the following noteworthy features:

  • [Detailed Index], which is given at the beginning of the book, helps the students to navigate through the arrangement of sections and other details.
  • [Provisions] have been elucidated in a thorough yet brief manner throughout the book, keeping intact the technical language.
  • [Judicial Decisions] are covered for the following:
    • Landmark/Prescribed by ICAI – have been highlighted in Bold + Underlined along-with name of such case laws are mentioned before the facts and decisions of the case
    • Other Judicial Decisions – where only point decided (i.e. ratio of the case) is relevant & students are not expected to remember the names of such cases, are also covered in this book
  • [Practical Questions along with Updated Solutions] are covered throughout the book, in two formats:
    • [Questions based on a Particular Section] are given below the provisions
    • [Questions based on more than one Section] are given at the end of the chapter under the 'Practical Questions' segment
  • [Amended] Law stated in this book is as amended up to 30th April 2021 & Covers the latest applicable provisions and amendments applicable for November 2021 Exams
  • [Judicial Decisions, Circular & Notifications] are covered
  • [Past Exam Questions & Answers] including November 2020 Exam for New/Old Syllabus

Also Available:

  • [65th Edition] of Taxmann's Direct Taxes Law & Practice
  • [2nd Edition] of Taxmann’s Direct Tax Laws & International Taxation
  • [2nd Edition] of Taxmann's Cracker on Direct Tax Laws & International Taxation
  • [2nd Edition] of Taxmann's Class Notes on Direct Tax Laws & International Taxation
  • [2nd Edition] of Taxmann’s Problems & Solutions on Direct Tax Laws & International Taxation

Contents of this book are as follows:

  • Part I – Direct Tax Laws
    • Basic Concepts of Income Tax Laws and Tax Rates
    • Residential Status [Section 6]
    • Incomes which do not form Part of Total Income [Section 10(1) to Section 10(50)]
    • Income from Salaries [Section 15 to 17, Section 10(1) to 10(14), Rule 3]
    • Income from House Property [Section 22 to Section 27]
    • Profits and Gains of Business or Profession [Section 28 to Section 44DB]
    • Capital Gains [Section 45 to Section 55A]
    • Income from Other Sources [Section 56 to Section 59]
    • Tax on Conversion of Unaccounted Money [Section 56(2)(x), (viib); Section 94; Section 68 to 69D & Section 115BBE]
    • Income Computation and Disclosure Standards
    • Income of other Persons, included in Assessee's Total Income (Clubbing of Income) [Section 60 to Section 65]
    • Set-off of Losses or Carry Forward and Set-off of Losses [Section 70 to Section 80]
    • Deduction from Gross Total Income [Chapter VI-A – Section 80C to Section 80U]
    • Taxation of Co-operative Societies
    • Deduction for Special Economic Zones [Section 10AA]
    • Taxation of Film Producers/distributors
    • Taxation of Bonds [Circular No. 2/2002, Dated 15.02.2002]
    • Expenditure on Exempt Income [Section 14A and Rule 8D]
    • Agriculture Income & its Tax Treatment [Section 2(1A) and Section 10(1)]
    • Taxation of Political parties & Electoral Trust Taxation of Political Parties
    • Taxation of Charitable/Religious Trusts [Section 11 to Section 13, Section 115BBC, Section 164, 164A, Section 10(23C)]
    • Taxation of Mutual Concerns
    • Minimum Alternate Tax (MAT) [Chapter XII-B]
    • Taxation of Firms, LLPs, and AOP/BOI [Section 40(b), Section 167B, Section 86]
    • Alternate Minimum Tax (AMT) [Chapter XII-BA (Section 115JC – Section 115JEE]
    • Taxation of Buy-Back [Chapter XII-DA (Section 115QA to Section 115QC)]
    • Tax on Income of Securitisation Trust [Chapter XII-EA – Section 115TCA]
    • Taxation of Business Trusts (REITs, InvITs) and Investment Funds (AIF) [Chapter XII-FA – Section 115UA and Chapter XII-FB – Section 115UB]
    • Tonnage Taxation Scheme [Chapter XII-G – Section 115VA to Section 115VZC]
    • Application vs. Diversion of Income [Chapter XII-G – Section 115VA to Section 115VZC]
    • Assessment Procedures
    • Appeals and Revisions
    • Survey, Search and Seizure [Section 119A, Sections 131 to 132B, Sections 133 to 135A, Sections 153A to 153D]
    • Penalties and Prosecution [Chapter XXI – Sections 270A to 275, Chapter XXII – Sections 275A to 280D]
    • Settlement Commission [Chapter XIX-A – Sections 245A to 245L, Sections 273AA, 278AB]
    • Liability in Special Cases [Chapter XV – Section 159 to Section 179]
    • Assessment of HUF [Section 171]
    • Assessment of Firms and LLPs [Chapter XVI – Section 184 to Section 189]
    • Tax Deduction and Collection at Source [Chapters XVII-B and XVII-BB – sections 192 to 206CB]
    • Advance Tax [Chapter XVII-C – Section 207 to Section 211, Sections 218-219]
    • Collection and Recovery of Tax [Section 156 and Chapter XVII-D – Section 220 to Section 231]
    • Interest [Sections 201(A), 206C(7), Chapter XVII-F – Sections 234A to 234D, Section 244A]
    • Miscellaneous TOPICS, STT/CTT and IFSC [Sections 269SS, 269ST, 269SU, 269T, Section 139A, Section 139AA, Sections 281, 281B, 282, 282A, 285BA, 285BB, 288, 293C, 293D, 115BBF, 115BBG]
    • Tax Planning, Tax Avoidance and Tax Evasion (Including GAAR)
  • Part II – International Taxation
    • Tax Incidence in India [Section 6(3), Sections 7 to 9A, Section 115JH, Section 285 and Section 285A]
    • Taxation of Non-Residents [Section 115A to Section 115AD, Section 115BBA and Chapter XIIA – Sections 115C to 115-I]
    • Double Taxation Relief (DTAA) [Chapter IX – Sections 90, 90A and 91]
    • Transfer Pricing [Chapter X – Section 92, Section 92F, Sections 93, 94A, 94B, 114C and Section 286]
    • Advance Rulings [Chapter XIX-B – Section 245N to Section 245U]
    • Equalisation Levy [Chapter VIII of Finance Act, 2016 Sections 10(5) and 40(A)(ib)
    • Overview of Model Tax Conventions
    • Application and Interpretation of Tax Treaties
    • Fundamentals of Base Erosion and Profit Shifting (BEPS)

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About the author

Ravi Chhawchharia

CA Ravi Chhawchharia is an All India Rank holder in Chartered Accountancy (ICAI), Company Secretaries (ICSI) and Cost and Management Accountancy (ICMAI) exams.

He is western India's leading educationist in professional studies (CA, CS, ACCA) and mentored the highest number of CAs from Surat with 250+ All India Rank holders. He has the credit of giving the first-ever All India 1st Rank to the city in CA exams. He has 15 years of rich teaching experience in Direct Taxes, Financial Management, Costing and Business Laws. He was recently honoured by Gujarat's Chief Minister, Vijay Rupani, for his contribution to education.

He has authored various books on Direct Taxes, Corporate Laws, Financial Management and Costing, which has helped thousandsof professional courses students study and pass their exams. He has presented research papers at various forums of ICAI, ICSI, Colleges and Universities.

CA Ravi Chhawchharia runs a special CA STARS programme. Complete free education for full four years of CA course is provided every year to 40 to 45 selected students who are financially underprivileged but talented. They are also offered free food and accommodation under this program. No donation or any financial assistance is taken from anyone for this programme. 90% of his CA STARS students pass the exams year after year and are now successfully leading in Corporates or engaged in CA practice.

He has been awarded with 'Dr. Sarvepalli RadhaKrishnan Education Excellency Award, 2018';'West India's Best CA Educator' in 2017 by 'India Education Awards'and also conferred as a 'Super 30' teachers by iBHubs, one of the World's largest Start-up incubator and got an appreciation letter signed by Hrithik Roshan