Description
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 3rd Edition for the CMA Intermediate | New Syllabus | Dec. 2025/June 2026 Exams. This book is authored by CA Tarun Agarwal and CA. (Dr) K.M. Bansal, with the following noteworthy features:
[Strictly as Per the New ICMAI Syllabus] Ensures complete alignment with the latest requirements
[Content Coverage]
Past Exam Questions, including Module-wise Solved Paper of June 2025
[Tabular Summaries] Provided at the beginning of each chapter for quick reference
[Marks Distribution] Detailed chapter-wise distribution from July 2023 onwards
[Previous Exam Trend Analysis] covered from July 2023
[Most Updated & Amended] This book is updated & amended as per the following:
Income Tax Answers are Modified as per A.Y. 2025-26
GST & Customs Answers are Modified as per the Latest GST & Customs Laws
[ICMAI Study-Material Comparison] Provided module-wise for a comprehensive understanding
The contents of this book are as follows:
Section A – Direct Taxation (DT)
Module 1 – Basics of Income-tax Act
Basic Concepts, Basis of Charge and Capital & Revenue Receipts
Residential Status and Scope of Total Income
Agricultural Income
Income Which Do Not Form Part of Total Income
Module 2 – Heads of Income
Income from Salaries
Income from House Property
Income from Profits and Gains of Business or Profession
Income from Capital Gains
Income from Other Sources
Module 3 – Total Income and Tax Liability of Individuals and HUF
Income of Other Person Included in Assessee’s Total Income (Clubbing of Income)
Set-off and Carry Forward of Losses
Deductions, Rebate & Relief
Taxation of Individual & HUF
Advance Tax
Tax Deducted at Source and Tax Collected at Source
Filing of Return of Income
PAN
Self-Assessment and Intimation
Section B – Indirect Taxation (IDT)
Module 4 – Concept of Indirect Taxes
Module 5 – GST Law
Introduction to GST Law
Levy and Collection of CGST and IGST
Basic Concepts of Time, Place and Value of Supply
Input Tax Credit
Computation of GST Liability
Registration under GST
Tax Invoice and E-Way Bill
Returns and Payment of Tax
Module 6 – Customs Law
Customs Act – Basic Concepts and Definitions
Types of Duties
Valuation Rules
Computation of Assessable Value and Duties
