Download or read book Taxmann s Interpretation of Taxing Statutes Treatise to Understand Legislative Intent Interpretation Strategies Covering Rules Literal Golden Mischief Approaches Plain Purposive written by Dr. K.N. Chaturvedi and published by Taxmann Publications Private Limited. This book was released on 2024-04-02 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book enables the reader to understand the complex world of statutory interpretation, especially in the context of taxation laws. This book analyses the intricate relationship between legislation and its interpretation by the judiciary, underscoring the critical role that statutory law plays in contemporary society. It highlights the challenges judges face in deciphering the often opaque language used in statutes. The book stresses the importance of understanding legislative intent and the various approaches to interpretation, such as the literal rule, golden rule, and mischief rule, while also introducing the reader to more modern methodologies like the plain meaning approach and purposive approach. This book is tailored for a broad audience, including tax practitioners, lawyers, judges, academicians, and policymakers. Its comprehensive coverage of both foundational principles and contemporary developments in tax law interpretation makes it an invaluable resource for those engaged in the legal, academic, and practical aspects of taxation. The Present Publication is the 2nd Edition, authored by Dr. K.N. Chaturvedi, with the following noteworthy features: • [Highlights of the 2nd Edition] are as follows: o [Updates] Discusses the developments in tax policy and interpretation since 2008, including the implementation of the GST regime in India and global tax law alignments like GAAR and MLI o [Judicial Decisions] Discusses recent Supreme Court decisions on key aspects of the Income-tax Act, 1961, and analyses the judicial stance on tax exemptions and deductions o [New Content] Introduces chapters on Tax exemptions and DTAA, updates on customs tariff classifications, and discussions on the simplification and rationalization of direct taxes o [Legislative Changes] Notes the enactment of the Provisional Collection of Taxes Act, 2023, which updates the 1931 Act, reflecting ongoing legislative evolution • [Judicial Scrutiny and the Art of Drafting] It presents examples from judicial pronouncements that critique legislative drafting, illustrating this with case laws, and discusses the resulting judicial efforts to interpret ambiguous statutes • [Legislative Language and Public Understanding] The debate on whether laws should be written in plain English is addressed, with opinions suggesting that simplifying legal language may not necessarily benefit the general public due to the complexities of legal interpretation and context • [Evolving Principles of Judicial Interpretation] The book notes a shift from traditional rules of statutory interpretation (literal, golden, and mischief rules) towards more nuanced approaches like plain meaning, contextual, and purposive interpretations, reflecting a broader and more flexible understanding of legislative texts • [Comparative Analysis of Statutory Interpretation] This book discusses interpretation practices across common law countries (the United Kingdom, Canada, Australia, the United States, and India), highlighting differences and commonalities in approaches • [Structural Overview of Tax Law] Early chapters provide an in-depth look at India's tax system, the constitutional framework of taxation, the legislative process for tax statutes, and the structural anatomy of an Act, laying a foundation for understanding statutory interpretation in the context of taxation The detailed contents of the book are as follows: • Tax System in India o The book begins with an exploration of the principles of rule of law and governance as they relate to taxation o It discusses the complexities of statutory interpretation, specifically within the realm of taxation laws o An in-depth look at the various tax systems in India, including service tax, income tax, and other significant taxes o Attention is given to state taxes and the introduction of new tax laws, illustrating the evolving nature of tax legislation • Constitutional Provisions Relating to Taxation o Delivers a foundational understanding of what constitutes a tax and the necessity of legal authority for its levy and collection o Examines constitutional remedies in tax matters and differentiates between tax, fee, and cess o Details the distribution of legislative powers between Parliament and State Legislature, including competence to tax and specific taxes like income tax, sales tax, and excise duty on liquor o Addresses the interpretation of legislative entries, the concept of pith and substance, and the limits of taxing power, including instances where statutes have been held constitutional or unconstitutional • Various Stages of Law-Making and Their Relevance as an Aid to Interpretation o Offers insight into the law-making process, the relationship between policy and drafting, and the introduction and types of bills o Discusses the significance of presidential recommendations, accompanying documents for taxation bills, and various memorandums and notes that provide clarity to legislative intent o Explores how statutory interpretation is influenced by law commission reports, taxation committees, parliamentary committees, and speeches by legislators • Structure of a Taxing Statute o Provides a comprehensive guide to drafting taxing statutes, including the importance of the title, preamble, and definition clauses o Explains the roles of legal fiction, headings, marginal notes, explanations, provisos, schedules, and the power to remove difficulties in tax legislation • Tax Interpretation of Exemption Provisions o Discusses the preliminary aspects, constitutional provisions, and complexity of tax exemption provisions o Emphasizes procedural safeguards, judicial review, flexibility in designing exemption provisions, and interpretation of these provisions o Covers tax incentives and the concept of legitimate expectation in tax law • DTAA and International Taxation o Introduces Double Taxation Avoidance Agreements (DTAA) and their role in international taxation, including Supreme Court rulings on the matter o Details the new scheme of international taxation, amendments to the Income-tax Act, and specific sections pertinent to international agreements o Explores the interpretation of DTAA and the Multilateral Instrument (MLI), as well as significant judgments related to international tax law • Different Approaches to Interpretation o Expounds on the basic principles of statutory interpretation and compares the approaches taken by various jurisdictions, including the United Kingdom, Australia, Canada, and India • Tax Evasion, Tax Avoidance, and Tax Mitigation o Addresses the distinctions between tax evasion, tax avoidance, and tax mitigation o Details the statutory framework on tax avoidance, including General Anti-Avoidance Rules (GAAR) and transfer pricing provisions • Aids to Interpretation o Discusses general, internal, and external aids to the interpretation of tax statutes o Outlines general presumptions relevant to the interpretation of tax laws, including presumptions about constitutionality, retrospective effect, exemption provisions, and implied repeal o Includes a discussion on the use of Latin maxims and the significance of popular, ordinary, and technical meanings in statutory interpretation • Simplification and Rationalisation of Direct Taxes o Covers efforts towards simplifying and rationalizing direct taxes, including the roles of various committees, commissions, and reports from the Comptroller and Auditor General (CAG) and Public Accounts Committee (PAC) o Reviews the Direct Tax Code Bill 2010 and outlines key concepts for the future of tax law simplification

Download or read book Taxmann s Interpretation of Taxing Statutes written by K. N. Chaturvedi and published by . This book was released on 2008 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxation laws are statutory and their interpretation is the function of the courts. The 'Interpretation' covers not merely the general approach to the problem but also the question of what materials (written or other) outside the statute itself may legitimately be used for the purpose of ascertaining the intent of the legislature. The book encompasses the history of taxation system of India both at the level of the Centre and States. It also covers: * The Constitutional Scheme relating to Taxation in India. * The Law-making process and the relevance of the reports of the Law Commission of India and the reports of the committees in the Interpretation of Tax Laws. * Structure of an Act and its parts and the relevance of parts of the Act in the Interpretation of tax laws. * Different approaches to the interpretation of tax laws evolved developed and refined by the courts in U.K., Canada, Australia, USA and India. * Subsidiary aids to Interpretation as developed and applied in common law jurisdiction. * Tax Evasion, Tax Avoidance and Tax Mitigation.

Download or read book Taxmann s Principles of Taxation Laws Amended updated student oriented book to interpret explain illustrate the provisions of the Income Tax Act along with Case Laws Finance Act 2023 written by Dr. Neha Pathakji and published by Taxmann Publications Private Limited. This book was released on 2023-08-19 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive & authentic textbook on 'Taxation Laws' as amended by the Finance Act 2023. This book aims to represent an impressive and judicious blending of the provisions of Income Tax & judicial decisions. The text is interspersed with interpretations, explanations & illustrations to help the reader assimilate the provisions better. This book aims to fulfil the requirement of students for LL.B., LL.M. & other professional courses The Present Publication is the 2023 Edition and has been amended by the Finance Act 2023 and updated till April 2023. This book is authored by Neha Pathakji, with the following noteworthy features: • [Conceptual Foundation & Interpretation] of the Income-tax Law o Each Chapter Starts with an Introduction that outlines the foundational concepts • [Detailed Discussion on Legal Aspects of Income-tax Act Provisions] to appreciate tax controversies and disputes from a law perspective • [Landmark Rulings & Lucid Examples of Case Laws] has been incorporated into this book • [Lucid & Straightforward Style of Presentation] The provisions of the law are presented in a lucid and straightforward style • [Flow Charts] are provided in this book for ease in understanding complex provisions • [Zero-Error] The book follows the six-sigma approach to achieve the benchmark of 'zero-error' The detailed contents of the book are as follows: • Introduction to the Income-tax Act and Basic Concepts • Concept of Income • Interpretation of Taxing Statutes • Income Exempt from Tax • Residential Status of Scope of Total Income • Income from Salary • Income from House Property • Profits and Gains of Business or Profession • Capital Gains • Income from Other Sources • Income of Other Persons Included in Assessee's Total Income • Aggregation of Income, Set-off and Carry Forward of Losses • Deductions from Gross Total Income • Agriculture Income and Tax Liability • Charitable Trusts and Religious Institutions • Dividend • Double Taxation Relief • Assessment of Individual • Liability in Special Cases • Income-tax Authorities • Procedure for Assessment • Interest, Penalties, Offences and Prosecution • Appeals and Revisions • Advance Rulings • Deduction of Tax at Source • Advance Payment of Tax • Collection and Recovery of Tax • Refunds • Tax Implications of Business Re-organisation • Tax Planning, Tax Evasion and Tax Avoidance

Download or read book Taxmann s Handbook on Taxation of Partnership Firms LLPs FAQs The one of a kind book covering 360 FAQs exhaustively dealing with Section 9B 45 4 of the Income tax Act along with Case Studies written by Adv. Shashi Ashok Bekal and published by Taxmann Publications Private Limited. This book was released on 2021-12-31 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique/one-of-a-kind book covers 360 frequently asked questions (FAQs) on the contentious subject of Taxation of Partnership Firms & Limited Liability Partnerships. It is the only publication in the country that exhaustively deals with the new provisions of Section 9B and Section 45(4) of the Income-tax Act, 1961 & General Law. This book will serve as a helpful reference and guide for Lawyers, Chartered Accountants, Tax Practitioners, Taxpayers, and the Officers of the Tax Department. The Present Publication is the 2022 Edition, edited by Dr K. Shivaram & authored by Adv. Shashi Ashok Bekal, with the following noteworthy features: • [360 Frequently Asked Questions] on taxation of Partnership Firms & Limited Liability Partnerships • [Exhaustive Coverage] The book is divided into 24 Chapters viz: o Admission of a Partner o Dissolution of a Partnership Firm o Reconstitution of a Partnership Firm, etc. • [Case Study] To provide clarity on Section 9B and Section 45(4), the following case studies are included in this book: o Application of Section 45(4) of the Income-tax Act o Application of Section 9B & Section 45(4) of the Income-tax Act o Computation of Capital Gain tax under Section 45(4) of the Income-tax Act; Attribution of Profits under Section 45(4) • [Implication of Other Laws] vis-à-vis Partnership Firms & Limited Liability Partnerships: o Stamp duty o Goods & Services Tax (GST) o Foreign Exchange Management Act (FEMA) o Labour Laws Reviewed by the following Eminent Personalities • Hon’ble Justice Rajesh Bindal | Chief Justice – Allahabad High Court “… It is an effort to make complex issues of taxation easier. This publication is in FAQ Format and aims at addressing not only the ambiguities arising from the amendments vide the Finance Act, 2021 vis-à-vis Partnership Firms, LLPs, etc. but will prove to be a tool for tax consultants, tax administrators, taxpayers and all others concerned with the subject…” • Hon’ble Justice R.K. Agarwal | Former Judge – Supreme Court of India & President | NCDRC “… The book contains detailed information in FAQ format with respect to various provisions of the Partnership firm. I appreciate the pain taken by the Authors to do a lot of hard work and research before writing such a useful Handbook…” The contents of the book are as follows: • General • Operational Issues • Issues on Residency • Compliances • Registration and Inception of a Partnership Firm/Limited Liability Partnership • Section 9B of the Income-tax Act, 1961 • Section 45(4) of the Income-tax Act, 1961 • The interplay between section 9B & section 45(4) of the Income-tax Act, 1961 • Admission of a Partner • Retirement of a Partner • Expulsion, Death and Insolvency of a Partner • Reconstitution of a Partnership Firm • Dissolution of a Partnership Firm • Conversion of a Partnership Firm • Set-off and Carry Forward of Losses • Gift Implications • Liability and Prosecution • Stamp Duty Implications • Goods & Services Tax (GST) Implications • Labour Law Implications • Association of Persons and Body of Individuals • Miscellaneous • Specimens • Case Studies

Download or read book AIFTP X Taxmann s Law of Evidence and Cross examination in Tax and Allied Laws Frequently Asked Questions Addressing 470 FAQs relating to evidence and cross examination written by AIFTP and published by Taxmann Publications Private Limited. This book was released on 2024-04-29 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook offers an in-depth understanding of the law of evidence and cross-examination within tax and related legal areas. It is presented in a Q&A format to tackle a broad spectrum of topics across various tax statutes. The content is methodically divided into fifteen chapters dedicated to different facets of tax law and evidence. These chapters dissect procedural and evidentiary aspects ranging from basic evidence concepts in the Income-tax Act 1961 to complex topics in International Taxation and Transfer Pricing. The handbook addresses indirect tax procedures under several acts, including the GST Act, Customs Act, and more specialised areas like Benami Transactions and the Prevention of Money Laundering Act (PMLA). It also covers aspects of the Information Technology Act 2000. It introduces new criminal law frameworks under the Bharatiya Nyaya Sanhita, 2023, Bharatiya Nagarik Suraksha Sanhita, 2023, Bharatiya Sakshya Adhiniyam, 2023, and the Indian Limitation Act, 1963. This book is tailored for tax consultants and legal advisors and serves as a practical guide for applying the law of evidence in tax-related proceedings, including: • Assessments • Re-assessments • Appeals It is especially pertinent for those practising in virtual assessment and appeal environments, where precise evidence handling is crucial. The Present Publication is the Latest Edition, commissioned by the All India Federation of Tax Practitioners and published exclusively by Taxmann. It is edited by Dr K. Shivaram, and authored by CA. M.V. Purushottama Rao, Adv. P.V. Subba Rao, Adv. Paras Savla, Adv. Rahul Hakani, Adv. Sham V. Walve, Adv. Divesh Chawla, Adv. Aditya Ajgaonkar, Adv. Shashi Ashok Bekal, Adv. Tanveer Khan and CA. Yash Ranglani. The noteworthy features of the book are as follows: • [Practical Q&A Format] with a focus on complex legal issues in tax (both direct and indirect) and various economic laws • [Structured Format] Each chapter addresses specific legislation, discussing the following: o Core Concepts o Application Challenges o Procedural Aspects • [Detailed Analysis] on topics such as: o Intricate aspects of evidence and cross-examination techniques o Evidentiary challenges and legal strategies in dealing with documents such as microfilms, computer printouts, and electronic records o Advanced topics like transfer pricing, General Anti Avoidance Rule (GAAR), and the role of evidence in international transactions o New Criminal Law Framework: § Bharatiya Nyaya Sanhita § Bharatiya Nagarik Suraksha Sanhita § Bharatiya Sakshya Adhiniyam • [Expert Authorship] Authored by 10+ stalwarts in the field, the book encapsulates the depth of experience and knowledge of its contributors, who are recognised professionals in law and taxation. The structure of the book is as follows: • [Basics to Advanced Topics] Starts with fundamental concepts of evidence and moves to complex issues in re-assessment proceedings, international transactions, and cross-border issues, including transfer pricing and GAAR • [Cross-Examination Techniques] Dedicated sections on the art and strategic approach to cross-examination in tax litigation, with do's and don'ts to aid practitioners in effective advocacy • [Special Focus on New Legislation] Detailed analysis of the BNS, BSA, and their implications on current tax practices and evidence handling • [Practical Approach] Each section includes practical questions and answers that help clarify the practical application of theoretical knowledge The contents of the book are as follows: • Income-tax Act, 1961 – Evidence – Concepts and Basics o This chapter introduces and discusses the definition and basic features of 'Evidence' outlined in the Bharatiya Sakshya Adhiniyam, 2023. An analysis of how courts interpret 'Evidence' under the Evidence Act, 1872, and the relevance of these interpretations within the context of the Income-tax Act, 1961 § FAQ.1 – FAQ.18 – It provides a detailed analysis covering the provisions of the Income-tax Act that refer to 'Evidence,' including direct and indirect references to the Evidence Act and the Bharatiya Sakshya Adhiniyam, 2023. The chapter discusses the evidentiary value of confessional statements, the credibility assessments by Assessing Officers, and the legalities surrounding cash credits, among other pivotal discussions • Income-tax Act, 1961 – Rules of Evidence o This chapter discusses the various types of assessments under the Income-tax Act, 1961, such as Summary Assessment, Scrutiny Assessment, Best Judgment Assessment, and Faceless Assessment. It examines the powers conferred upon Income-tax Authorities to collect evidence and the circumstances under which Assessing Officers can accept or reject claims made by assessee § FAQ.19 – FAQ.44 – It provides an extensive analysis of how evidence plays a critical role in the assessment process, including the manner and mode of service and communication of notices to the assessee. The chapter also addresses the evidentiary value of third-party statements and the judicial requirement of notice or summons service § FAQ.45 – FAQ.90 – It further discusses the nuances of evidence in income tax assessments, covering a wide range of topics from the justification of sham documents in assessment proceedings to the scope of protective income-tax assessments under the Act. This segment explores the legal basis for adjustments, the right of cross-examination, and the implications of various assessment methodologies • Income-tax Act, 1961 – Law of Evidence – Re-assessment Proceedings o This chapter focuses on the nuanced legal frameworks and judicial interpretations relevant to re-assessment under the Income-tax Act, 1961, especially in light of the amendments effective April 1, 2021. It details principles of natural justice and procedural requirements for a valid re-assessment § FAQ.91 – FAQ.125 – It analyses the validity of re-assessment notices, the authority of Assessing Officers in the re-assessment process, and the judicial and procedural safeguards, including the assessment of fresh materials and the role of judicial notices in re-assessment scenarios § FAQ.126 – FAQ.129 – It concludes the re-assessment discussion by addressing the judicial precedents set for re-assessment under the Income-tax Act, focusing on the limits of the Assessing Officer's powers and the legal requirements for a valid re-assessment. It includes topics on the interpretation of limitation periods and the effects of court findings on re-assessment procedures • Income-tax Act, 1961 – Law of Evidence – Search, Seizure and Survey Proceedings o This chapter examines the procedures and legal precedents governing search, seizure, and survey under the Income-tax Act. This chapter also elaborates on the evidentiary values assigned to documents, electronic records, and statements collected during these operations § FAQ.130 – FAQ.152 – It analyses the admissibility and reliance on evidence gathered from search and seizure operations, including the impact of admissions made during searches, the legal status of documents seized, and the procedures following search actions for assessing undisclosed income § FAQ.153 – FAQ.155 – It concludes the discussion on search and seizure by examining the evidentiary value of statements made post-search actions, the legal standing of such statements in court, and the assessability of surrendered income post-retraction of a statement made under duress or mistake • Income-tax Act, 1961 – Law of Evidence – Appellate Proceedings o This chapter discusses the appellate mechanisms within the Income-tax framework, detailing the powers available to appellate authorities in accepting and evaluating new evidence and the procedural norms for a fair appellate review § FAQ.156 – FAQ.192 – It reviews the application of additional evidence in appeals, the criteria for admitting fresh evidence, and the procedural expectations from the appellants at various appellate levels, including the strategic use of evidence in influencing appellate decisions § FAQ.193 – FAQ.196 – It concludes the appellate discussion by delving into the powers of the Income-tax Appellate Tribunal, including the admission of new evidence, the tribunal's duty to inquire independently, and the scope of directions it can issue while deciding appeals. It explores the legal remedies available against procedural errors and the recalibration of appellate decisions based on new facts or evidence • Income-tax Act, 1961 – Law of Evidence – International Transaction, Transfer Pricing and General Anti-Avoidance Rules (GAAR) o This chapter covers evidence considerations in international tax disputes, transfer pricing adjustments, and the application of GAAR, outlining the types of evidence pivotal in these contexts and their interpretative challenges § FAQ.197 – FAQ.240 – It provides a detailed discussion on the evidentiary requirements for supporting transfer pricing methodologies, the role of tax residency certificates in treaty benefits, and the evidential implications of GAAR in structuring international transactions • Rule of Evidence in Indirect Tax Proceedings (Central Goods and Services Tax Act, 2017) o This chapter analyses the evidentiary aspects under the GST framework, addressing the documentary and procedural requisites for registration, claims, and compliance, as well as the powers of the GST appellate tribunal concerning evidence § FAQ.241 – FAQ.292 – It examines issues such as the acceptability of electronic records, the implications of non-compliance with summons, and the procedural norms for the submission and adjudication of evidence in GST proceedings § FAQ.293 – FAQ.303 – It discusses advanced topics in GST-related evidence, including using digital records in proceedings, the admissibility of electronic records, and the legal consequences of destroying or secreting documents. This segment also covers procedural questions related to the electronic submission of documents and the automatic acceptance of digital records by authorities • Customs Act, 1962 – Law of Evidence o This chapter investigates the evidence law as it applies to the Customs Act, including the admissibility of statements under duress, the role of digital records, and the judicial review of evidentiary decisions made by customs authorities § FAQ.304 – FAQ.323 – It focuses on the principles governing the collection and use of evidence in customs proceedings, the challenges in proving the illicit nature of goods, and the legal thresholds for the admissibility of electronic evidence in customs violations • Law of Evidence – Benami Transactions (Prohibition) Act o This chapter explores the evidential challenges and legal interpretations associated with benami transactions, particularly the determination of true ownership and the applicability of procedural laws in benami property disputes § FAQ.324 – FAQ.354 – It discusses the statutory definitions of benami transactions, the evidentiary burdens placed on parties, and the role of evidence in adjudicating disputes under the Benami Transactions Prohibition Act • Law of Evidence – Prevention of Money-Laundering Act, 2002 o This chapter discusses the unique evidence issues in money laundering cases under the PMLA, including the treatment of confessions, the admissibility of illegally obtained evidence, and the presumptions about the burden of proof § FAQ.355 – FAQ.366 – It analyses the procedural nuances and evidentiary standards required to establish money laundering under the PMLA, including the implications of the act's overriding effect over other legal provisions • Information Technology Act, 2000 – Law of Evidence o This chapter reviews the interplay between the IT Act and tax law, focusing on the admissibility of electronic records, the legal requirements for electronic signatures, and the challenges associated with digital evidence in tax proceedings § FAQ.367 – FAQ.383 – It covers the critical aspects of electronic evidence under the IT Act, including the standards for certifying digital records, the admissibility of communications • Bharatiya Nyaya Sanhita, 2023 – Law of Evidence o This chapter examines the newly instituted Bharatiya Nyaya Sanhita, 2023, highlighting its impact on the adjudication processes, particularly in abetment, criminal conspiracy, and the furnishing of false information. It discusses the definitions, implications, and evidentiary requirements set forth by the new legal framework § FAQ.384 – FAQ.405 – It analyses the detailed legal questions regarding abetment, the nuances of criminal conspiracy, the legal responsibilities surrounding false information, and the procedural implications for evidentiary submissions under the Bharatiya Nyaya Sanhita. • Bharatiya Sakshya Adhiniyam, 2023 – Income-tax Act, 1961 o This chapter discusses the implications of the Bharatiya Sakshya Adhiniyam, 2023, for evidence handling within the Income-Tax Act. It addresses how this new evidence act interfaces with tax law, focusing on admissibility, evidentiary burdens, and judicial practices. § FAQ.406 – FAQ.426 – It thoroughly examines court procedures, evidentiary criteria, and legal presumptions under the Bharatiya Sakshya Adhiniyam as applied to tax law. This includes discussions on the admission of electronic evidence, the roles of public servants, and the importance of expert opinions in tax litigation § FAQ.427 – Q.448 – It closes the discussion on the Bharatiya Sakshya Adhiniyam's application to tax law by focusing on the practical aspects of evidence handling in court. This includes the distinction between primary and secondary evidence, the relevance of public and private documents, and the legal implications of electronic evidence. It addresses the burden of proof, the doctrine of estoppel, and the protection afforded to communications between a lawyer and their client • Indian Limitation Act, 1963 – Law of Evidence o This chapter focuses on the interaction between the Indian Limitation Act, 1963, and tax law, particularly how time limitations can influence the admissibility and effectiveness of evidence in tax proceedings. It covers the acknowledgement of debts, the effects of financial statements as acknowledgements, and the legal precedents that govern these relationships § FAQ.449 – FAQ.458 – It investigates various scenarios under the Limitation Act that affect the tax law, such as the impact of an acknowledgement in writing on the limitation period and whether electronic communications can constitute an acknowledgement. This chapter also discusses the consequences of late filings and the legal nuances of appeals related to limitation issues • Cross-Examination – Law of Evidence - Do's and Don'ts During Cross-Examination o This chapter provides a comprehensive guide on the proper procedures and strategic considerations for cross-examination within tax litigation. It outlines best practices, potential pitfalls, and the critical importance of cross-examination in establishing the credibility of evidence § FAQ.459 – Q.472 – It offers a thorough overview of examination techniques, the legal value of confessions made during searches, and the implications of denying an opportunity for cross-examination. It also discusses the procedural rights and responsibilities that govern the presence of witnesses and the admissibility of their statements in tax disputes

Download or read book Taxmann s Tax Audit Detailed Clause wise Guidance on Tax Audits u s 44AB featuring Practical Tools e Filing Instructions Analysis of Statutory Requirements Recent Amendments written by CA Srinivasan Anand G. and published by Taxmann Publications Private Limited. This book was released on 2024-09-10 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive handbook to understand the complexities of tax audits under Section 44AB of the Income-tax Act, 1961. It provides a detailed clause-wise commentary on Forms 3CA, 3CB, and 3CD, providing practical insights into statutory requirements, ICAI guidelines, and best practices for accurate reporting. The book includes structured analyses of each clause, guidance on e-filing utilities, management representation letters, specimen notes/disclaimers and audit documentation. It covers essential topics like the Supreme Court's rulings on audit limits, cash basis accounting as per ICAI's Technical Guide, and recent amendments to Form No. 3CD. The book's practical approach is enriched with checklists, working sheets, and illustrative examples. This book is helpful for tax professionals, auditors, accountants, and business entities involved in conducting or managing tax audits. The Present Publication is the 16th Edition and has been amended by the Finance (No. 2) Act 2024. This book is authored by CA Srinivasan Anand G. with the following noteworthy features: • [In-depth Coverage of Tax Audit Under Section 44AB] The book analyses the applicability of tax audits for various assessees, the appointment of tax auditors, and the obligations under Section 44AB. It provides detailed guidance on the procedural and statutory requirements, tailored for practical application • [Comprehensive Clause-wise Commentary on Forms 3CA | 3CB | 3CD] Each clause of Forms 3CA, 3CB, and 3CD is thoroughly examined, providing a structured analysis that includes: o What each clause requires and does not require o The nature of reporting—whether data, facts, or opinions are needed o Relevant statutory provisions and ICAI's views o Management Representation Letters (MRLs) and other critical details to be obtained from the auditee o Linkages between clauses and the consequential effects on other clauses in Form 3CD o Detailed instructions on filling up the clauses in the e-filing utility, addressing common errors o Guidance on audit documentation, working papers, and practical checklists for each clause o Precautions for reporting, along with disclaimers, qualifications, and clarificatory notes o Common auditing issues, interpretation challenges, and frequently asked questions (FAQs) o Working sheets and practical examples for hands-on application. • [Detailed Discussion on Supreme Court Decisions and ICAI Guidelines] The book includes an in-depth discussion of the Supreme Court's rulings regarding the limits on the number of tax audits a CA or CA firm can undertake. It also covers the cash basis of accounting, referencing ICAI's Technical Guide and pertinent case laws, providing clarity on its impact on tax audits • [Extensive Analysis of Amendments to Form No. 3CD] This Edition provides a thorough discussion of the recent amendments made to Form No. 3CD within the relevant chapters, ensuring that readers are well-versed with the latest changes and their implications • [Practical Tools and User-friendly Features] o The book includes practical checklists, working sheets, and a step-by-step guide on how to complete the audit process effectively. It provides management representation letters, specimen notes/disclaimers, auditing issues, and illustrative examples, making it an indispensable tool for auditors o A detailed analysis of specific transactions, such as audits of cash transactions, share capital, loans, borrowings, deposits, and sales of immovable property, among others, providing targeted insights for specific audit scenarios • [Integration with e-Filing Requirements] The book thoroughly addresses how to complete the tax audit forms in the e-filing utility, highlighting common errors and compliance checkpoints. It ensures that readers are fully equipped to understand the digital aspects of tax audit submissions • [Issues of Interpretation and Practical Guidance] The book tackles complex auditing issues, including interpretation challenges, practical FAQs, and real-world examples that aid auditors in overcoming common hurdles in the tax audit process • [Enhanced Focus on Linkages and Consequential Effects] Detailed commentary on the linkages between various clauses in Form 3CD and the consequential effects on other clauses provide a holistic view of the audit process, ensuring comprehensive and interconnected reporting The book follows a structured layout for easy reference: • Chapters 0 to 11 o These chapters cover the obligations of entities to get their accounts audited under Section 44AB, explained with reference to presumptive taxation provisions, relevant case laws, ITR forms, and the ICAI's perspectives • Chapters 12 to 62 o These chapters offer a clause-wise commentary on Form 3CD, each dedicated to a specific clause. Each clause is analysed in detail, covering statutory requirements, compliance guidelines, audit checklists, and best practices for effective reporting The highlights of the table of contents include: • Each chapter provides an in-depth analysis of specific clauses of Form 3CD, ranging from basic identification information like the name and address of the assessee to more complex clauses involving transactions, adjustments under ICDS, and GAAR provisions • Special sections on statutory forms (3CA, 3CB, 3CD) and their statutory underpinnings, ensuring that every aspect of tax audit reporting is covered with precision • Extensive appendices include statutory provisions relevant to various clauses, ICAI clarifications, and practical guidance on audit reporting and documentation

Download or read book Interpretation of Statutes written by Vepa P. Sarathi and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax Treaties Between Developed and Developing Countries written by United Nations. Department of Economic and Social Affairs and published by New York : United Nations. This book was released on 1976 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part one : report of the Ad Hoc Group of Experts on tax treaties between developed and developing countries on its sixth meeting. Part two : issues relating to tax treaties between developed and developing countries : report of the Secretary-General to the Ad Hoc Group of Experts.

Download or read book Taxmann s Cross Border Transactions under Tax Laws FEMA Practical Commentary covering Income Tax including International Tax Transfer Pricing GST Customs FEMA etc with Case Laws written by Dr. G. Gokul Kishore and published by Taxmann Publications Private Limited. This book was released on 2023-05-26 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides practical guidance based on judicial interpretation of the law and rules. It also provides an easy-to-understand commentary (with departmental clarifications) on cross-border transactions with respect to the following laws: • Income Tax (including International Tax & Transfer Pricing) • Goods & Services Tax (GST) • Customs • Foreign Exchange Management Act (FEMA) This book will be helpful for practitioners, members of the bar & bench and industry, and assessing officers. The Present Publication is the 3rd Edition, amended by the Finance Act 2023 and updated till 1st May 2023. This book is authored by Dr. Gokul Kishore & R. Subhashree, with the following noteworthy features: • [Easy-to-Understand Practical Commentary] covering: o Income Tax (including International Tax & Transfer Pricing) § Implications of International Transactions § Adoption of Appropriate Transfer Pricing (TP) § Comprehending the Creation of Permanent Establishment (PE) and Double Taxation Avoidance Arrangements (DTAA) § Ensuring Compliance with Withholding Obligations when payment is made to non-resident § Issues relating to Royalty & Fees for Technical Services (FTS), Tax Residency and Foreign Tax Credit (FTC) o GST § Examination of Cross-Border Services by applying Place of Supply & Export of Service provisions under the Integrated Goods and Services Tax Act (IGST), besides analyzing benefits to exporters o Customs § Valuation of Imported Goods under Customs Valuation Rules, when transaction value as declared by importer is not accepted § Availing Customs Duty Exemptions § Duty Remission and Rewards under various Export Promotion Schemes as provided in Foreign Trade Policy 2023 o FEMA § Compliance with Provisions of FEMA on Receipts and Payments for Export and Imports • [Exhaustive Discussion on both Basic Concepts and Issues faced by the Industry] combined with essential commentary on statutory provisions and the jurisprudence. • [Cross-references to other Chapters] wherever implications need to be understood The structure of the book is as follows: • [Chapter 1 | Customs Valuation] discusses Article VII of GATT, Customs Valuation Agreement, Section 14 of Customs Act, 1962, Customs Valuation Rules (for imported goods) and Export Valuation Rules with relevant judgments and orders. Pointers relating to transfer pricing issues have also been mentioned in this chapter • [Chapter 2 | Transfer Pricing] analyzes international transactions, associated enterprises, comparables, methods of determining Arms Length Price, TP challenges in India as per the UN TP Manual and judicial rulings, creation of marketing intangibles and TP issues relating to AMP expenses. TP assessment, adjustment and appellate remedy have also been included. To provide a 360° perspective, secondary adjustment, Country by Country Reporting (CbCr), thin capitalization, Cost Contribution Arrangements, intra-group services and cost-sharing arrangements have been succinctly covered • [Chapter 3 | Permanent Establishment & DTAAs] discusses taxing powers and sources of income. The concept of PE and types of PE have been explained through the relevant articles in various DTAAs, along with treatment by the Indian judiciary and ITAT. The attribution of profits to PE, which has significant practical implications, has also been discussed • [Chapter 4 | Incomes other than Business Income, Withholding Obligations and Foreign Tax Credit] is broad-based and to the extent relevant to cross-border transactions; it provides a commentary laced with practical guidance on residency, the definition of interest, jurisdiction to tax, dividends paid or received, taxation of royalty, FTS, salary, capital gains, other income, withholding obligations, FTC, the requirement to file the return and the concept of the representative assessee • [Chapter 5 | Import & Export under IGST Act] as applicable to import and export of goods, import of services and export of services, along with the provisions on the place of supply and refund mechanism, forms the fifth chapter • [Chapter 6 | Customs Exemption and Export Promotion Schemes under FTP] Considering the relevance to cross-border trade, Customs Duty exemptions and export promotion schemes under Foreign Trade Policy 2023 (FTP) have been discussed in the sixth chapter. • [Chapter 7 | Export and Import under FEMA & Regulations] Knowledge of obligations and provisions applicable to export and import under FEMA and regulations thereunder is integral to cross-border transactions. Therefore, a concise commentary on the same has been provided in Chapter 7 • [Chapter 8 | Dispute Resolution] Dispute resolution mechanisms under IGST Act and Customs Act, along with alternative dispute resolution under Income Tax Act, have been included. Chapter 8 also provides a broad overview of the statutory remedies available to exporters and importers

Download or read book Taxmann s Direct Tax Laws International Taxation 2 Vols Paper 4 DT A Y 2025 26 Perfect balance b w detailed studies summarised approach CA Final New Syllabus May Nov 2025 Exams written by CA Ravi Chhawchharia and published by Taxmann Publications Private Limited. This book was released on 2024-11-07 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive and practical application of Direct Tax Laws and International Tax, honing the reader's analytical skills. It perfectly balances an in-depth study and a summarized approach, presented in an explanatory and analytical manner. It is helpful for students preparing for CA-Final, CS-Professional, CMA-Final, M.Com/MBA/LL.B./LL.M, and other professional exams. The Present Publication is the 8th Edition for the CA Final | New Syllabus | May/Nov. 2025 Exam | A.Y. 2025-26). This book is authored by CA Ravi Chhawchharia, with the following noteworthy features: • [Complete Coverage] of the latest syllabus as prescribed by the ICAI • [Detailed Index] A well-organized index at the beginning helps students navigate through sections and other details • [Provisions] Comprehensive yet concise explanations of provisions, maintaining technical accuracy • [Judicial Decisions] Landmark/Prescribed by ICAI: Highlighted in bold and underlined, with case names provided before the facts and decisions • [Other Judicial Decisions] Only the ratio of the case is included, without requiring students to remember case names • [Practical Questions with Updated Solutions | Section-Based Questions] Included below the relevant provisions • [Multi-Section Questions] Placed at the end of each chapter in the 'Practical Questions' segment • [Amended & Updated] Incorporates the latest applicable provisions and amendments for A.Y. 2024-25, relevant for the November 2024 exams • [Judicial Decisions, Circulars & Notifications] Thoroughly covered • [Past Exam Solved Questions] Includes solved questions from past exams, including the CA-Final May 2024 paper The contents of this book are as follows: • Part I – Direct Tax Laws o Basic Concepts of Income Tax Laws and Tax Rates o Residential Status [Section 6] o Incomes which do not form part of Total Income [Section 10(1) to Section 10(50)] o Profits and Gains of Business or Profession [Section 28 to Section 44DB] o Capital Gains [Section 45 to Section 55A] o Income from Other Sources [Section 56 to Section 59] o Income Computation and Disclosure Standards o Tax on Conversion of Unaccounted Money [Section 56(2)(x), (viib); Section 94; Section 68 to 69D & Section 115BBE] o Income of other Persons, included in Assessee's Total Income (Clubbing of Income) [Section 60 to Section 65] o Set-off of Losses or Carry Forward and Set-off of Losses [Section 70 to Section 80] o Deduction from Gross Total Income [Chapter VI-A – Section 80C to Section 80U] o Deduction for Co-operative Societies [Sec.80P] o Deduction for Special Economic Zones [Section 10AA] o Taxation of Bonds [Circular No., 2/2002, dt. 15.02.2002] o Agriculture Income & its Tax Treatment [Section 2(1A) and Section 10(1)] o Taxation of Political Parties & Electoral Trust [Section13A and Section 13B] o Expenditure on Exempt Income [Section 14A and Rule 8D] o Taxation of Charitable/Religious Trusts [Section 11 to Section 13, Section 115BBC, Section 164, 164A, Section 10(23C)] o Taxation of Mutual Concerns [Section 44A and Section 28(iii)] o Application vs. Diversion of Income o Minimum Alternate Tax (MAT) [Chapter XII-B (Section 115JB and Section 115JAA)] o Taxation of Firms, LLP and AOP/BOI [Section 40(b), Section 10(2A), Section 167B, Section 86] o Alternate Minimum Tax (AMT) [Chapter XII-BA (Section 115JC – 115JEE) o Taxation of Buy-Back [Chapter XII-DA (Section 115QA to Section 115QC)] o Tax on Income of Securitisation Trust [Chapter XII-EA – Section 115TCA] o Taxation of Business Trusts (REITs, InvITs) and Alternative Investment Funds (AIF) [Chapter XII-FA – Section 115UA and Chapter XII-FB – Section 115UB] o Tonnage Taxation Scheme [Chapter XII-G – Section 115VA to Section 115VZC] o Assessment Procedures [Section 116, Section 124, Section 127, Section 129, Sections 139 to 154, Section 157A] o Appeals and Revisions [Sections 246A to 255, Sections 206A to 262 & Section 260B, Section 268A, Section 158A & Section 158AA, Sections 263 to 264B] o Survey, Search and Seizure [Section 119A, Sections 131 to 132B, Sections 133 to 135A, Sections 153A to 153D] o Provisions to Counteract Unethical Tax Practice [Chapter XXI – Secs. 270A to 275, Chapter XXII – Secs. 275A to 280D, Black Money Laws] o Dispute Resolution [Chapter XIX-AA – Secs. 245MA] o Direct Tax Vivad Se Vishwas Scheme, 2024 o Liability in Special Cases [Chapter XV – Section 159 to Section 179] o Assessment of HUF [Section 171] o Assessment of Firms and LLPs [Chapter XVI – Section 184 to Section 189] o Tax Deduction and Collection at Source [Chapters XVII-B and XVII-BB – Sections 192 to 206CCA] o Taxation of Digital Transactions [Equalisation Levy and Virtual Digital Assets] o Advance Tax [Chapter XVII-C – Section 207 to Section 211, Sections 218-219] o Collection and Recovery of Tax [Section 156 and Chapter XVII-D – Section 220 to Section 231] o Interest [Sections 201(A), 206C(7), Chapter XVII-F – Sections 234A to 234D, Section 244A] o 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] o Tax Audit and Ethical Compliances o Tax Planning, Tax Avoidance and Tax Evasion (Including GAAR) • Part II – International Taxation o Tax Incidence in India [Section 6(3), Sections 7 to 9A, Section 115JH, Section 285 and Section 285A] o Taxation of Non-Residents [Section 115A to Section 115AD, Section 115BBA and Chapter XIIA – Sections 115C to 115-I] o Double Taxation Relief (DTAA) [Chapter IX – Sections 90, 90A and 91] o Transfer Pricing [Chapter X – Section 92, Section 92F, Sections 93, 94A, 94B, 114C and Section 286] o Advance Rulings [Chapter XIX-B – Section 245N to Section 245U] o Overview of Model Tax Conventions o Application and Interpretation of Tax Treaties o Fundamentals of Base Erosion and Profit Shifting (BEPS) o Latest Developments in International Taxation

Download or read book Taxmann s Direct Tax Laws International Taxation 2 Vols Paper 4 DT A Y 2024 25 Perfect balance b w detailed studies summarised approach CA Final New Syllabus Nov 2024 Exams written by CA Ravi Chhawchharia and published by Taxmann Publications Private Limited. This book was released on 2024-06-13 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive and practical application of Direct Tax Laws and International Tax, honing the reader's analytical skills. It perfectly balances an in-depth study and a summarized approach, presented in an explanatory and analytical manner. It is helpful for students preparing for CA-Final, CS-Professional, CMA-Final, M.Com/MBA/LL.B./LL.M, and other professional exams. The Present Publication is the 7th Edition for the CA Final | New Syllabus | November 2024 Exam | A.Y. 2024-25). This book is authored by CA Ravi Chhawchharia, with the following noteworthy features: • [Complete Coverage] of the latest syllabus as prescribed by the ICAI • [Detailed Index] A well-organized index at the beginning helps students navigate through sections and other details • [Provisions] Comprehensive yet concise explanations of provisions, maintaining technical accuracy • [Judicial Decisions] Landmark/Prescribed by ICAI: Highlighted in bold and underlined, with case names provided before the facts and decisions • [Other Judicial Decisions] Only the ratio of the case is included, without requiring students to remember case names • [Practical Questions with Updated Solutions | Section-Based Questions] Included below the relevant provisions • [Multi-Section Questions] Placed at the end of each chapter in the 'Practical Questions' segment • [Amended & Updated] Incorporates the latest applicable provisions and amendments for A.Y. 2024-25, relevant for the November 2024 exams • [Judicial Decisions, Circulars & Notifications] Thoroughly covered • [Past Exam Solved Questions] Includes solved questions from past exams, including the CA-Final May 2024 paper The contents of this book are as follows: • Part I – Direct Tax Laws o Basic Concepts of Income Tax Laws and Tax Rates o Residential Status [Section 6] o Incomes which do not form part of Total Income [Section 10(1) to Section 10(50)] o Profits and Gains of Business or Profession [Section 28 to Section 44DB] o Capital Gains [Section 45 to Section 55A] o Income from Other Sources [Section 56 to Section 59] o Income Computation and Disclosure Standards o Tax on Conversion of Unaccounted Money [Section 56(2)(x), (viib); Section 94; Section 68 to 69D & Section 115BBE] o Income of other Persons, included in Assessee's Total Income (Clubbing of Income) [Section 60 to Section 65] o Set-off of Losses or Carry Forward and Set-off of Losses [Section 70 to Section 80] o Deduction from Gross Total Income [Chapter VI-A – Section 80C to Section 80U] o Deduction for Co-operative Societies [Sec.80P] o Deduction for Special Economic Zones [Section 10AA] o Taxation of Bonds [Circular No., 2/2002, dt. 15.02.2002] o Agriculture Income & its Tax Treatment [Section 2(1A) and Section 10(1)] o Taxation of Political Parties & Electoral Trust [Section13A and Section 13B] o Expenditure on Exempt Income [Section 14A and Rule 8D] o Taxation of Charitable/Religious Trusts [Section 11 to Section 13, Section 115BBC, Section 164, 164A, Section 10(23C)] o Taxation of Mutual Concerns [Section 44A and Section 28(iii)] o Application vs. Diversion of Income o Minimum Alternate Tax (MAT) [Chapter XII-B (Section 115JB and Section 115JAA)] o Taxation of Firms, LLP and AOP/BOI [Section 40(b), Section 10(2A), Section 167B, Section 86] o Alternate Minimum Tax (AMT) [Chapter XII-BA (Section 115JC – 115JEE) o Taxation of Buy-Back [Chapter XII-DA (Section 115QA to Section 115QC)] o Tax on Income of Securitisation Trust [Chapter XII-EA – Section 115TCA] o Taxation of Business Trusts (REITs, InvITs) and Alternative Investment Funds (AIF) [Chapter XII-FA – Section 115UA and Chapter XII-FB – Section 115UB] o Tonnage Taxation Scheme [Chapter XII-G – Section 115VA to Section 115VZC] o Assessment Procedures [Section 116, Section 124, Section 127, Section 129, Sections 139 to 154, Section 157A] o Appeals and Revisions [Sections 246A to 255, Sections 206A to 262 & Section 260B, Section 268A, Section 158A & Section 158AA, Sections 263 to 264B] o Survey, Search and Seizure [Section 119A, Sections 131 to 132B, Sections 133 to 135A, Sections 153A to 153D] o Provisions to Counteract Unethical Tax Practice [Chapter XXI – Secs. 270A to 275, Chapter XXII – Secs. 275A to 280D, Black Money Laws] o Dispute Resolution [Chapter XIX-AA – Secs. 245MA] o Liability in Special Cases [Chapter XV – Section 159 to Section 179] o Assessment of HUF [Section 171] o Assessment of Firms and LLP [Chapter XVI – Section 184 to Section 189] o Tax Deduction and Collection at Source [Chapters XVII-B and XVII-BB – Sections 192 to 206CCA] o Taxation of Digital Transactions [Equalisation Levy and Virtual Digital Assets] o Advance Tax [Chapter XVII-C – Section 207 to Section 211, Sections 218-219] o Collection and Recovery of Tax [Section 156 and Chapter XVII-D – Section 220 to Section 231] o Interest [Sections 201(A), 206C(7), Chapter XVII-F – Sections 234A to 234D, Section 244A] o 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] o Tax Audit and Ethical Compliances o Tax Planning, Tax Avoidance and Tax Evasion (Including GAAR) • Part II – International Taxation o Tax Incidence in India [Section 6(3), Sections 7 to 9A, Section 115JH, Section 285 and Section 285A] o Taxation of Non-Residents [Section 115A to Section 115AD, Section 115BBA and Chapter XIIA – Sections 115C to 115-I] o Double Taxation Relief (DTAA) [Chapter IX – Sections 90, 90A and 91] o Transfer Pricing [Chapter X – Section 92, Section 92F, Sections 93, 94A, 94B, 114C and Section 286] o Advance Rulings [Chapter XIX-B – Section 245N to Section 245U] o Overview of Model Tax Conventions o Application and Interpretation of Tax Treaties o Fundamentals of Base Erosion and Profit Shifting (BEPS) o Latest Developments in International Taxation

Download or read book Taxmann s PROBLEMS SOLUTIONS for Direct Tax Laws International Taxation Paper 7 DT AY 2022 23 Compilation of Questions MCQs for Practice CA Final Nov 2022 Exam written by Rahul Agarwal and published by Taxmann Publications Private Limited. This book was released on 2022-06-28 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of questions & MCQs (prepared using handwritten fonts) from the ICAI educational materials, RTPs & MTPs and past examination papers (of both old & new syllabus) of ICAI (up to 30th April 2022). These are aligned with provisions applicable for Nov. 2022 Exams and are arranged Topic-wise & Chapter-wise with proper reference to the paper as well as attempts for convenience and trend analysis. The Present Publication is the 4th Edition & updated till 30th April 2022 for CA-Final | New Syllabus | Nov 2022 exams. This book is authored by CA V. Rahul Agarwal, with the following noteworthy features: • [Coverage of All Questions & MCQs] in handwritten fonts, from the following o Educational Material of ICAI o RTPs & MTPs of ICAI o Past Examination Papers of ICAI (both old & new syllabus | up to 30th April 2022) • [Aligned with Nov. 2022 Exams] The above Questions & MCQs are aligned with applicable provisions for Nov. 2022 exams • [Questions are Arranged 'Topic-wise' & 'Chapter-wise'] with proper reference to paper as well as attempt for convenience and trend analysis • [Ready Reckoner for the day before the exam] Special adjustments tested by ICAI have been summarised at the start of the book The contents of the book are as follows: • Summary of Special Adjustments • Part A – Direct Taxation o Basics of Income Tax o Special Tax Regime o Taxation of Agriculture Income o Income from Salary o Income from House Property o Profits and Gains of Business or Profession o Capital Gains o Taxation of Business Re-Organisations o Taxation of Transactions with Owners o Income from Other Sources o Taxation of Dividends & Income from Units o Comprehensive Questions o Assessment of Firms & LLP o Assessment of AOP & BOI o Assessment of Non-Profit Organization (NPO) & Exit Tax o Assessment of Business Trust o Assessment of Other Persons o Taxation of Unexplained Income o Clubbing of Income o Set-Off and Carry Forward of Losses o Exemptions & Sec. 10AA Deductions o Chapter VI-A Deduction o Minimum Alternate Tax [Section 115JB] & Alternate Minimum Tax [Section 115JC] o TDS & TCS o Payment of Taxes & Return Filing o Assessment Procedure o Appeals & Revisions o Dispute Resolution o Tax Planning, Avoidance & Evasion o Penalties, Offence & Prosecution o Liability in Special Cases o Statement of Financial Transactions (SFT) & Miscellaneous Provisions • Part B – International Taxation o Transfer Pricing & Related Provisions o Residential Status & Scope of Total Income o Non-Resident Taxation o Double Taxation Relief o Advance Rulings o Equalisation Levy o Overview of Model Tax Conventions o Application and Interpretation of Tax Treaties o Fundamentals of BEPS • Part C – Suggested Answers (Amended as Applicable for A.Y. 2022-23) o December 2021 Suggested Answers – Old Syllabus o December 2021 Suggested Answers – New Syllabus

Download or read book Taxmann s CRACKER for Direct Tax Laws International Taxation Paper 4 DT AY 2024 25 Covering past exam questions answers 600 practical questions CA Final New Syllabus Nov 2024 Exam written by CA Ravi Chhawchharia and published by Taxmann Publications Private Limited. This book was released on 2024-06-11 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed exclusively for the Final Level of the Chartered Accountancy Examination. It comprehensively covers past exam questions with detailed answers, adhering strictly to the new scheme of ICAI. The Present Publication is the 8th Edition for CA Final | New Syllabus | Nov. 2024 Exam | AY 2024-25. This book is authored by CA Ravi Chhawchharia, with the following noteworthy features: • Strictly as per the New Syllabus of ICAI • [Extensive Coverage] including: o All Past Exam Questions and Answers, incorporating: § CA Final | May 2024 Exam • [600+ Practical Questions & Answers] for self-practice • [Updated Solutions/Answers] in accordance with the law applicable for A.Y. 2024-25 • [Chapter-wise Marks Distribution] for Past Exams from Nov. 2020 onwards • [Previous Exam Trend Analysis] from May 2022 onwards • [Chapter-wise Comparison with ICAI Study Material] Contents of this book are as follows: • Part I – Direct Tax Laws (70 Marks) o Profits and Gains of Business or Profession o Capital Gains o Income from Other Sources o Tax on Conversion of Unaccounted Money o Income of Other Persons, Included in Assessee's Total Income (Clubbing of Income) o Set-off of Losses or Carry Forward and Set-off of Losses o Deductions from Gross Total Income o Deduction for Co-operative Societies o Deduction for Special Economic Zone o Taxation of Political Parties & Electoral Trust o Expenditure on Exempt Income o Taxation of Charitable/Religious Trusts o Taxation of Mutual Concerns o Application vs. Diversion of Income o Minimum Alternate Tax (MAT) o Taxation of Firms, LLP and AOP/BOI o Alternate Minimum Tax (AMT) o Taxation of Business Trusts (REITs, InvITs) o Assessment Procedures o Appeals and Revisions o Survey, Search and Seizure o Provisions to Counteract Unethical Tax Practices o Liability in Special Cases o Assessment of HUF o Tax Deduction and Collection at Source o Taxation of Digital Transactions o Collection and Recovery of Tax o Interest o Miscellaneous Topics, STT/CTT and IFSC o Tax Planning, Tax Avoidance and Tax Evasion (Including GAAR) • Part II – International Taxation (30 Marks) o Tax Incidence in India o Taxation of Non-Residents o Double Taxation Relief o Transfer Pricing o Advance Rulings o Overview of Model Tax Conventions o Application and Interpretation of Tax Treaty o Fundamentals of BEPS

Download or read book Taxmann s CLASS NOTES for Direct Tax Laws International Taxation Paper 7 DT AY 2022 23 One stop solution in simple language with pictorial presentation charts in handwritten fonts written by Rahul Agarwal and published by Taxmann Publications Private Limited. This book was released on 2022-06-28 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a one-stop solution to conquer the vast subject of Direct Taxation easily. The objective behind this book is to minimize the need to consult multiple voluminous books while revising the day before the exam. This book aims at providing all concepts in a simple language, with proper linking and a smart sequential approach. It also explains the provision of the law without resorting to paraphrasing sections or legal jargons. The Present Publication is the 4th Edition & updated till 30th April 2022 for CA-Final | New Syllabus | Nov 2022 exams. This book is authored by CA V. Rahul Agarwal, with the following noteworthy features: • Strictly as per the New Syllabus of ICAI • [Pictorial Presentation/Charts with Handwritten Fonts] are used in the book for easy understanding of theoretical concepts • [Multi-Colour Coded Book] which follows the below structure: o Blue – Heading o Black – Main Content o Red – Summarised version of the main content o Green – Amendments applicable for the examination o Yellow Highlights – Key adjustments to be highly cautious of 'The Accident-Prone Zones' o Blue Boxes – Significant selected Case Laws provided by ICAI o Green Boxes – Authors' notes for better understanding and clarity • [Proper Linking & Smart Sequential Approach] has been followed throughout the book so that it can act as reference material the day before the exam. The contents of the book are as follows: • Part A – Direct Taxation o Basics of Income Tax o Rates of Tax o Special Tax Regime o Taxation of Agriculture Income o Income from Salary o Income from House Property o Profits and Gains of Business or Profession o Income Computation & Disclosure Standards o Capital Gains o Taxation of Business Re-Organisations o Taxation of Transactions with Owners o Income from Other Sources o Taxation of Dividends & Income from Units o Bonus Stripping & Bond Washing Transactions o Assessment of Firms & LLP o Assessment of AOP & BOI o Assessment of Non-Profit Organization o Tax on Accreted Income of NPO [Exit Tax] o Assessment of Business Trust o Assessment of Securitisation Trust o Assessment of Alternative Investment Fund o Assessment of Political Party & Electoral Trust o Assessment of Other Persons o Taxation of Unexplained Income o Clubbing of Income o Set-Off and Carry Forward of Losses o Income which do not form part of Total Income o Expenditure in Relation to Exempt Income [Section 14A] o Chapter VI-A Deduction o Tax Holiday for SEZ [Section 10AA] o Minimum Alternate Tax [Section 115JB] o Alternate Minimum Tax [Section 115JC] o TDS & TCS o Payment of Taxes o Return Filing & Related Provisions o Assessment Procedure o Appeals & Revisions o Dispute Resolution o Tax Planning, Avoidance & Evasion o Penalties, Offence & Prosecution o Modes of Loan, Deposit, Advance & Transactions o Liability in Special Cases o Tonnage Tax o Statement of Financial Transactions (SFT) o Miscellaneous Provisions • Part B – International Taxation o Transfer Pricing & Related Provisions o Residential Status & Scope of Total Income o Non-Resident Taxation o Special Provisions for Non-Resident Indian (NRI) o Taxation of Foreign Currency Bonds & GDR o Double Taxation Relief o Advance Rulings o Equalisation Levy o Overview of Model Tax Conventions o Application and Interpretation of Tax Treaties o Fundamentals of BEPS • Part C – November 2022 Additions o Amendments for Nov. 2022 Examination

Download or read book Taxmann s CRACKER for Tax Laws including GST Customs Laws Paper 4 Tax Covering past exam questions detailed answers A Y 2023 24 Latest GST Law CS Executive Dec 2023 Exam written by CS N.S. Zad and published by Taxmann Publications Private Limited. This book was released on 2023-07-11 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is prepared exclusively for the Executive Level of Company Secretary Examination requirement. It covers the questions & detailed answers strictly as per the old syllabus of ICSI. The Present Publication is the 14th Edition for CS-Executive | Old Syllabus | Dec. 2023 Exam. This book is authored by CS N.S. Zad, with the following noteworthy features: • Coverage of this book includes: o All Past Exam Questions, including: § CS Executive June 2023 | Suggested Answers o [Practical MCQs] with hints • [Most Updated & Amended] Solutions in this book are provided as per the following: o [Income Tax Solutions] as per Assessment Year 2023-24 o [GST/Customs Solutions] are amended & updated as per the latest GST Laws • [Marks Distribution] Chapter-wise marks distribution from June 2015 onwards • [Comparison with ICSI Study Material] is given chapter-wise The contents of this book are as follows • Part I – Direct Taxes (50 Marks) o Basic Concepts o Residential Status o Income from Salary o Income from House Property o Income from Business or Profession o Income from Capital Gains o Income from Other Sources o Clubbing of Incomes o Aggregation of Income and Set-off or Carry Forward of Losses o Deductions from Total Income o Agriculture Income & Exempted Income o Assessment of Individual & HUF o Assessment of Partnership Firms, LLPs, AOPs & BOI o Assessment of Companies o Assessment of Trust o Return of Income o TDS, Advance Tax, Interest Payable by/to Assessees o Types of Assessment & Procedure of Various Assessments o Appeals, Revisions, Settlement, Penalties, Offences & Recovery of Tax o Offences & Penalties • Part II – Indirect Taxes (50 Marks) o Goods & Services Tax (GST) o Customs Act, 1962

Download or read book Taxmann s CRACKER for Indirect Tax Laws Paper 5 IDT Covering past exam questions topic wise category wise detailed point wise answers for CA Final New Syllabus Nov 2024 Exams written by CA (Dr.) Mahesh P Gour and published by Taxmann Publications Private Limited. This book was released on 2024-06-27 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed exclusively for the Final Level of the Chartered Accountancy Examination. It comprehensively covers past exam questions with detailed answers, adhering strictly to the new scheme of ICAI. The Present Publication is the 10th Edition & amended up to 30th April 2024 for CA-Final | New Syllabus | Nov. 2024 Exams. This book is authored by CA (Dr) Mahesh Gour & CA (Dr) K.M. Bansal. This book incorporates the following noteworthy features: • Strictly as per the Latest Syllabus of the ICAI • [Extensive Coverage] including: o All Past Exam Questions and Answers, incorporating: § CA Final | May 2024 Exam • [Tabular Presentation of Answers] for easy learning • [Arrangement of Questions in Chronological Format] Both 'topic-wise' & 'category-wise' • [Chapter-wise Marks Distribution] for Past Exams from Nov. 2020 onwards • [Previous Exam Trend Analysis] From May 2022 onwards • [Chapter-wise Comparison with ICAI Study Material] Contents of this book are as follows: • Goods and Services Tax o Supply under GST o Charges of GST o Exemptions of GST o Time of Supply o Value of Supply o Input Tax Credit o Registration o Tax Invoice, Credit/Debit Notes o Accounts and Records & E-Way Bill o Payment of Tax o Electronic Commerce o Returns o Refund o Job Work o Assessment and Audit o Inspection, Search, Seizure and Arrest o Demands and Recovery o Liability to Pay in Certain Cases o Offences and Penalties o Appeals and Revision o Advance Ruling o Miscellaneous Provisions • Customs & Foreign Trade Policy o Levy of Exemptions from Customs Duty o Types of Duty o Classification of Imported and Exported Goods o Valuation under the Customs Act, 1962 o Importation, Exportation and Transportation of Goods o Warehousing o Duty Drawback o Refund o Foreign Trade Policy 2023

Download or read book Taxmann s CRACKER for Tax Laws Practice Paper 7 Tax Covering past exam questions topic wise detailed answers CS Executive New Syllabus Dec 2024 Exams AY 2024 25 written by CA (Dr.) K.M. Bansal and published by Taxmann Publications Private Limited. This book was released on 2024-06-29 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is prepared exclusively for the Executive Level of Company Secretary Examination requirement. It covers the questions & detailed answers strictly as per the new syllabus of ICSI. The Present Publication is the 3rd Edition for the CS-Executive | New Syllabus | Dec. 2024/June 2025 Exams. This book is authored by CA (Dr) K.M. Bansal & Dr Sanjay Kumar Bansal, with the following noteworthy features: • Strictly as per the New Syllabus of ICSI • [Comprehensive Coverage] o Past Exam Questions (Topic-wise), including: § CS Executive June 2024 | Suggested Answers o Multiple Choice Questions (MCQs) o Case Law Based Questions • [Most Updated & Amended] Solutions in this book are provided as per the latest applicable provisions and amendments under the respective laws • [Chapter-wise Marks Distribution] from Dec. 2023 • [Exam Trend Analysis] for previous exams, from Dec. 2023 • Chapter-wise Comparison with ICSI Study Material The contents of this book are as follows • Part I – Direct Tax o Direct Tax at a Glance o Basic Concepts of Income Tax o Incomes which do not form part of total income o Income Under the Head Salary o Income Under the Head House Property o Profits and Gains from Business and Profession o Capital Gains o Income from Other Sources o Clubbing Provisions and Set-off and/or Carry Forward of Losses o Deductions o Computation of Total Income and Tax Liability of Various Entities o Classification and Tax Incidence on Companies o Procedural Compliance • Part II – Indirect Tax (GST & Customs) o Concept of Indirect Taxes at a Glance o Basics of Goods and Services Tax o Levy and Collection of GST o Time, Value and Place of Supply o Input Tax Credit and Computation of GST Liability o Procedural Compliance under GST o Overview of Customs Act