Description
Direct Tax Laws & International Taxation | CRACKER is a comprehensive study companion designed to help CA-Final students. This Edition incorporates all the A.Y. 2025–26 updates, ensuring accuracy and relevance to current law. It includes solved past exam papers, chapter-wise analysis, and over 630 practical questions. It is an all-inclusive resource for aspirants aiming to excel in the CA-Final Group II – Paper 4.
The Present Publication is the 11th Edition for the Jan./May 2026 Exams. This book is authored by CA. Ravi Chhawchharia, with the following noteworthy features:
[Updated as per A.Y. 2025-26] Ensures all provisions and amendments are covered up to the latest attempt
[Past Exam Coverage] Includes relevant questions and solutions from the latest past exams, including Sept. 2025, to help students understand exam patterns
[Chapter-wise Marks Distribution & Trend Analysis] Offers insights into important chapters and repeated question patterns
[Over 630 Practical Questions] In-depth practice questions with step-by-step solutions help hone problem-solving skills
[Focus on New Topics] Addresses newly introduced topics by ICAI, such as Tax Audit & Ethical Compliances and Latest Developments in International Taxation
[User-friendly Presentation] Clear headings, bullet points, and systematic solutions make this an easy-to-navigate study companion
[Ideal Exam-prep Tool] By amalgamating past paper trends, chapter-wise analytics, and a rich question bank, this CRACKER ensures a thorough and targeted revision experience
The coverage of the book is as follows:
Part I – Direct Tax Laws (70 marks)
Core income heads, including Profits and Gains of Business or Profession, Capital Gains, Income from Other Sources, etc.
Specialised chapters on topics like Minimum Alternate Tax (MAT), Alternate Minimum Tax (AMT), Taxation of Firms/LLP/AOP/BOI, and Taxation of Charitable/Religious Trust
Procedural aspects such as Assessment Procedures, Appeals & Revisions, Survey, Search and Seizure, Tax Deduction & Collection at Source (TDS & TCS), and Tax Audit & Ethical Compliances
Part II – International Taxation (30 marks)
Coverage of international tax concepts, including Tax Incidence in India, Taxation of Non-Residents, Double Taxation Relief, and Transfer Pricing
Advanced areas such as Fundamentals of BEPS, Application and Interpretation of Tax Treaties, Advance Rulings, and the Latest Developments in International Taxation
The structure of the book is as follows:
Introductory Sections
Chapter-wise Marks Distribution showing past exam weightage
Previous Exams Trend Analysis detailing frequently asked questions and their nature (practical/theory)
Chapter-wise Comparison with Study Material to streamline cross-referencing between this CRACKER and ICAI’s content
Main Content
Part I – Direct Tax Laws – 31 chapters meticulously organised, starting from fundamental definitions and income heads to complex provisions like MAT, AMT, and TDS/TCS
Part II – International Taxation – 9 chapters covering tax incidence, double taxation, transfer pricing, and the latest developments in global tax frameworks
Practical & Theoretical Mix – Each chapter includes a variety of practice questions (practical and theoretical) to strengthen conceptual understanding and application
Solutions to Past Exam Papers – Comprehensive solutions explain each step clearly, assisting in exam-focused revision
