CA Final Direct Tax T. N. Manoharan May 26

CA Final Direct Tax T. N. Manoharan May 26

About The Books

• 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

1. Preliminary
2. Basis of Charge
3. Incomes which do not form part of Total Income
4. Computation of
5. Total Income
6. Salaries
7. Income from House Propertv
8. Profits and Gains of Business or Profession
9. Capital Gains
10. Income from Other Sources
11. Income of Other Persons, Included in Assessee’s Total Income
12. Aggregation of Income and Set Off or Carry Forward of Loss
13. Deductions to be made in Computing Total Income
14. Rebates and Reliefs
15. Heads of Income at a glance
16. Income computation and disclosure standards (ICDS
17. Basic provisions applicable to companies
18. Minimum Alternate Tax
19. Tax on distributed profits by certain entities
20. Special provisions relating to income of shipping companies
21. Special provisions relating to certain persons other than A Company- 115JC
22. Default Tax Regime – Tax on Income of Certain Assessees
23. ATR – Tax on Income of Certain Resident Co-operative societies
24. Income Tax Authorities
25. Filing of Return of Income
26. Procedure for Assessment
27. Search & Seizure and Survey
28. Special Procedure for Assessment of Search Cases
29. Liability in special cases
30. Special Provisions applicable to Firms
31. Taxation of Trusts
32. Deduction & Collection of tax at Source
33. Advance Tax, Recovery and Refunds
34. Dispute Resolution Committee
35. Appeals and Revisions
36. Requirement as to mode of acceptance, Payment or Repayment in certain cases to Counteract evasion of tax
37. Miscellaneous

Part II – International Taxation

1. Taxation of Non-Residents
2. Transfer Pricing
3. Certain Provisions in Respect of International Group & Avoidance of Tax
4. Advance Rulings
5. Double Taxation Relief
6. Overview of Model Tax Conventions
7. Application and Interpretation of Tax Treaties
8. Base Erosion and Profit Shifting
9. Procedural Law- Important Expressions

Part III – Provisions to Counteract Unethical Tax Practices

1. Penalties imposable
2. Offences and prosecutions
3. Tax Management & GAAR
4. Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015