Direct Tax Laws and International Taxation

(Includes Cahpters on GAAR, POEM, BEPS & Black Money)

Based on CA New Scheme

• Concise presentation of the provisions of the Income-tax Law as amended by the Finance Act, 2025 relevant for students pursuing academic and professional course.
• 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 provision of International Taxation, namely, Transfer Pricing, DTAA, Equalisation levy, 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 February 2026 are cited. 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 21 examinations of CA Final – Direct tax Laws and International Taxation (old syllabus) are suitably modified, regrouped and given at the end of each chapter.