Taxation | CRACKER is a comprehensive study companion designed to help CA-Intermediate (Group I) students master Paper 3 – Taxation (Income Tax & GST). This book provides an in-depth understanding of core concepts alongside exam-oriented practice. From Previous Exam Solved Papers to Application-Based MCQs and Integrated Case Studies, this resource is tailored to equip candidates with the skills and confidence to tackle their upcoming examinations.

The Present Publication is the 11^th Edition for the Sept. 2025/Jan. 2026 Exams. This book is authored by CA. (Dr) K.M. Bansal & Dr Sanjay Kumar Bansal, with the following noteworthy features:

• [Comprehensive Past Exam Coverage] Includes questions from previous CA-Intermediate Taxation exams up to May 2025
• [Chapter-wise Marks Distribution & Trend Analysis] Gives a quick overview of how marks have been allocated historically, helping students identify the high-weightage area
• [Chapter-wise Comparison with ICAI Study Material] Ensures alignment with the official syllabus and highlights where the content matches or expands upon the Institute’s material
• [Selected Questions from RTPs & MTPs] Integrates Revision Test Papers (RTPs) and Mock Test Papers (MTPs) of ICAI to offer diverse question patterns
• [Updated Solutions] Answers are modified as per A.Y. 2025-26 and the latest GST laws, ensuring total relevance and accuracy
• [Application-based MCQs & Integrated Case Studies] Enhances conceptual clarity and practical application, crucial for tackling new exam patterns
• [Exam-centric Approach] helps students focus on frequently tested areas
• [Ideal for Self-study] as the language is structured to guide learners from basic to advanced levels

The coverage of the book is as follows:

• Section A | Income Tax Law
  • Basic Concepts, Residence & Scope of Total Income, Incomes not forming part of Total Income, and all major heads of income (Salary, House Property, Business/Profession, Capital Gains, Other Sources)
  • Detailed chapters on Clubbing of Income, Set-Off & Carry Forward of Losses, and Deductions
  • Step-by-step guidance on Computation of Total Income & Tax Payable, Advance Tax, TDS & TCS, and Provisions for Filing of Returns & Self-Assessment
  • Comprehensive coverage of Agricultural Income.
• Section B | GST
  • Thorough exploration of GST in India – An Introduction, Supply Under GST, Charge of GST, Place of Supply, Exemptions, Time of Supply, and Value of Supply
  • In-depth analysis of ITC, Registration, Tax Invoice/Credit/Debit Notes, Accounts and Records, E-Way Bill, and Payment of Tax
  • Coverage of TDS/TCS under GST and the procedure for GST Returns.
• Section C & D | MCQs & Integrated Case Studies
  • Separate dedicated chapters for Income Tax MCQs and Case Studies, ensuring targeted practice for objective-type questions
  • Parallel sections for GST MCQs and Case Studies to build proficiency in application-based scenarios
• Additionally, the book begins with an in-depth Chapter-wise Marks Distribution and Previous Exams Trend Analysis, followed by a Chapter-wise Comparison with the Study Material to map each chapter to ICAI’s official syllabus structure

The structure of the book is as follows:

• Initial Reference Tools
  • Chapter-wise Marks Distribution
  • Previous Exams Trend Analysis
  • Chapter-wise Comparison with Study Material
• Core Sections
  • Section A (Income Tax Law) – Chapters 1–15, systematically arranged from fundamental concepts to advanced computations
  • Section B (GST) – Chapters 16–30, offering step-by-step coverage of all GST provisions
• Practice & Assessment
  • Section C (MCQs & Case Studies – Income Tax) – Practice questions to strengthen objective question-solving skills
  • Section D (MCQs & Case Studies – GST) – Additional practice to ensure familiarity with GST-focused question types
• Appendices and Solved Papers
  • Includes solved previous exam questions (modified as per the latest statutory updates
  • Contains Paper references with marks distribution to guide revision priorities.