Useful for
B.Com & CA Intermediate Course (New): May / November 2023 Exam
Discription:
Concise presentation of the provisions of the Income-tax Law as amended by the Finance Act 2022 relevant for CA Intermediate Course (New) and CA (Integrated Professional Competence) Course
Broad overview of concepts and general principles relating to Income-tax Law and Goods and Services Tax Law, with apt illustrations have been given for easy understanding
Easy approach to learn the principles relating to computation of taxable income under each head of in come together with suitable formats prescribe Apt illustrations, case studies and exercises are provided
For Practice of students’ multiple choice questions (MCQ) have been included at the end of this book
“Summary of Key points” is provided at the end of each chapter so as to enable the students to comprehend And grasp the subject in an effective manner
Questions of past 21 examinations of The Institute of Chartered Accountants of India suitably modified and answered on the bas is of law applicable for the assessment year 2023-24, are included chapter wise. Problems on computation of total income and tax liability are solved exclusively
Recent amendments, though incorporated at appropriate places, are separately listed in Appendix in order to enable effective revision by the students
Topic wise exclusions from the CA Intermediate Course (New) and CA (Integrated Professional Competence) Course

Contents
Syllabus for CA Intermediate Course
Arrangement of Sections
Pattern of Distribution of Marks
Recent Amendments – AY 2023- 24
Suggested Answers Nov 2022 Exam
Income Tax

Preliminary
Basis of Charges
Incomes which do not form part of Total Income
Computation of Total Income
Salaries
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 and Set Off or Carry Forward of Loss
Deductions to be made in Computing Total Income
Rebatos and Relief
Heads of income at a Glance
Filing of Return of Income
Tax Deduction at Source and Introduction to Tax Collection at Source
Advance Tax, Self Assessment and Interest
Revision – Problems on Computation of Total Income and Tax Liability
Indirect Tax

GST – An Introduction
Taxable Supply
Charge of GST
Exemptions from GST
Time of Supply & Value of Supply
Input tax credit
Registration
Tax Invoice, Credit and Debit Notes
Payment of lax
Returns
Computation Problems
MCQ for Income Tax and IDT