Taxation Cook Book Bundle

• 3 + 1 High Quality Taxation Cook Books
• Easy language, to-the-point concepts
• Easy PDF download
• • All-in-One Tax Toolkit: Master GST, Direct Taxes, and Indirect Taxes in one comprehensive bundle, providing a complete toolkit for financial understanding.
  • National Market Insights: Explore a unified national market created by GST and understand how taxes shape local and national economies.
  • Transparent Transactions Handbook: Master transparent transactions by learning how taxes are integrated into prices.
  • Savings and Investment Guide: Comprehensive guide for tax-smart investments, navigating Direct Taxes for savings and wealth growth.
  What exactly do I get in this?

  3 + 1 Pack Bundle

  

  What’s Covered?

  

  Table of content

  • Introduction

  • Understanding GST Basics

      ✔ What is GST?

      ✔ A Beginner’s Guide to Goods and Services Tax

      ✔ GST in India

      ✔ Exploring the Indian Context

      ✔ Why GST?

      ✔ Benefits and Purpose Made Simple

      ✔ How Does GST Work?

      ✔ Unraveling Supply Chains and Processes

      ✔ When Will GST be Introduced in India?

      ✔ An Insight into the Timeline

  • Key Concepts in GST

      ✔ Rate of GST

      ✔ Decoding GST Rates

      ✔ Ten Things You Must Know About GST

      ✔ Essential Insights for Beginners

      ✔ Getting GST Ready – Five Steps

      ✔ Simple Steps for Beginners

      ✔ Chronology on GST – Past, Present, and the Future

      ✔ A Beginner’s Journey through GST History

  • Legal Aspects of GST

      ✔ Draft Statutory Provisions

      ✔ Understanding the Legal Framework

      ✔ Constitutional Amendment Bill

      ✔ Overview of 122nd Constitutional Amendment Bill

      ✔ Simplifying the Amendment

      ✔ Report of Rajya Sabha on Constitutional Amendment Bill

      ✔ A Closer Look at the Report

  • Reports on GST Processes

      ✔ Overview of Various Reports

      ✔ Navigating Reports for Beginners

      ✔ Summary of Report on GST Rates

      ✔ Grasping the Essentials

      ✔ Understanding GST Returns

      ✔ A Beginner’s Guide to Filing Returns

      ✔ Guide to GST Registrations

      ✔ Simplifying Registration Processes

      ✔ Navigating GST Refunds

      ✔ Demystifying the Refund Process

      ✔ Managing GST Payments

      ✔ A Beginner’s Handbook on Payments

      ✔ First Discussion Paper on GST

      ✔ Initiating Discussions for Beginners

  • Practical Insights and Readiness

      ✔ Reports on Business Processes – Clarity for Beginners

      ✔ Making Business Processes Clear

      ✔ Corporate India’s Journey to Becoming GST-Ready

      ✔ Lessons for Beginners

      ✔ Navigating GST Challenges for Corporate India

      ✔ Addressing Common Concerns

      ✔ Key Articles on GST – Must-Read Links

      ✔ Essential Reading for Beginners

  • International Perspective

      ✔ Global Scenario of GST

      ✔ Comparisons and Contrasts

  • Basics of Indirect Taxes

      ✔ Understanding Indirect Taxes

      ✔ Beginner’s Introduction

      ✔ Implications of Indirect Taxes on Various Transactions

      ✔ How Indirect Taxes Affect Transactions

      ✔ Inefficiencies in the Current Indirect Tax System

      ✔ Identifying and Addressing Challenges

  • Indian Indirect Tax System

      ✔ Overview of Existing Indirect Tax System in India

      ✔ An Overview for Beginners

  • Committees and Illustrations

      ✔ Committees on GST

      ✔ A Beginner’s Guide to Committees

      ✔ Illustrations

      ✔ Real-world Examples for Better Understanding

  

  Table of content

  • Introduction and Basic Concepts

      ✔ Introduction and Objectives

      ✔ Assessment Year

      ✔ Previous Year

      ✔ Person

      ✔ Assessee

      ✔ Assessment

      ✔ Income

      ✔ Gross Total Income

      ✔ Total Income

      ✔ Scheme of charging income tax

      ✔ Self Examination Questions

  • Basic of Charge and Incidence of Tax

      ✔ Introduction and Objectives

      ✔ Basic Charge of Income Tax

      ✔ Residential Status

      ✔ Residential status and incidence of tax

      ✔ Income deemed to be received in India

      ✔ Income deemed to be ‘accrue or arise’ in India

      ✔ Receipt vs. Remittance

      ✔ Actual receipt Vs Deemed Receipt Total Income

      ✔ Receipt vs. Accrual

      ✔ Basis of Charge of Dividend Income

      ✔ Heads of Income

  • SALARIES

      ✔ Introduction and Objectives

      ✔ Basis of Charge and Meaning and characteristics

      ✔ Scope of salary income

      ✔ Tax Treatment of some receipts

      ✔ Taxable Value of Cash Allowances-

      ✔ Taxable Value of Perquisites

      ✔ Classification of Perquisites

      ✔ Valuation of Perquisites

      ✔ Profits in lieu of Salary

      ✔ Deductions -Entertainment Allowance, Profession Tax

  • INCOME FROM HOUSE PROPERTY

      ✔ Introduction and objectives

      ✔ Basis of Charge

      ✔ Deemed owner

      ✔ Income Exempt U/s 10

      ✔ Computation of income from house property

      ✔ Miscellaneous- Arrears , Losses , TDs and no other deductions

  • PROFITS AND GAINS OF BUSINESS OR PROFESSION

      ✔ Introduction and objective

      ✔ Concept of business

      ✔ Scheme of computation

      ✔ Deductions Expressly Allowed Under The Act

      ✔ Specific Deductions -S.36

      ✔ General deductions

      ✔ Specific Disallowances

  • CAPITAL GAINS

      ✔ Introduction and Objectives

      ✔ Basis of charge S.45/ 46A

      ✔ Capital asset – S. 2(14)

      ✔ Types of assets – Short Term & Long Term

      ✔ Transfer –S.2(47)

      ✔ Types of Capital Gains – S 2(29A/B)/( 42A/B)

      ✔ Period of holding

      ✔ Computation of Capital Gains

      ✔ Value of Consideration

      ✔ Cost of Transfer

      ✔ Cost of Acquisition

      ✔ Fair Market Value

      ✔ Transactions covered u/s 49(1)

      ✔ Cost of improvement

      ✔ Indexed cost of acquisition /improvement

      ✔ Transactions not regarded as transfer

  • INCOME FROM OTHER SOURCES

      ✔ Introduction & Objectives

      ✔ Basis of Charge

      ✔ Incomes specifically chargeable u/s 56

      ✔ Other incomes chargeable u/s 56

      ✔ Some specific incomes – gifts, dividend

      ✔ Deductions

      ✔ Amounts not deductible

      ✔ Miscellaneous- Balancing charge, Method of accounting

  • EXCLUSIONS AND DEDUCTIONS

      ✔ Introduction and Objectives

      ✔ Exemptions and deductions

      ✔ Income exempt under section 10

      ✔  Agricultural income-S10(1)

      ✔  Receipts by a member from a Hindu Undivided Family-S 1092

      ✔  Share of profit of a partner in a firm –S10( 2A)

      ✔  Income of minor Child –S.10(32)

      ✔  Dividend Income –domestic companies-S10(34)

      ✔  Dividend Income- Mutual fund units- S10(35)

      ✔  Other Exemptions

      ✔ Deductions –S.80 –Chapter VIA

      ✔  Investments –S80C

      ✔  Pension Plan –S 80CCF

      ✔  Mediclaim -80D,

      ✔  Physical Disability -80DD,

      ✔  Treatment f major diseases -80DDB,

      ✔  Interest on educational Loans 80E,

      ✔  Physical Disability(Own)-80U:

  • COMPUTATION OF TOTAL INCOME

      ✔ Introduction and Objective

      ✔ Typical Illustrations on computation of income

      ✔ Filing of Returns

      ✔ Advance Tax

  

  Table of content

  • Introduction to Indirect Taxes

      ✔ Objectives Introduction

      ✔ Basic Features of Indirect Taxes

      ✔ Advantages/Merits of Indirect Taxes

      ✔ Disadvantages/Demerits of Indirect Taxes

      ✔ Indirect Tax System in India

      ✔ Indirect Taxes in Post Reforms

      ✔ Service Tax

      ✔ Customs Duty

      ✔ What is the difference between Direct Tax and Indirect Tax?

      ✔ Indian Taxation Structure

      ✔ Double Tax Avoidance Treaty

      ✔ Summary

      ✔ Keywords

      ✔ Review Questions

      ✔ Further Readings

  • Central Excise Duty

      ✔ Objectives Introduction

      ✔ Definition and Concepts of Central Excise Duty

      ✔ Factory

      ✔ Goods

      ✔ Manufacture or Production

      ✔ Manufacturer

      ✔ Excise Ability and Manufacture

      ✔ Procedure for Central Excise Registration and grant of Registration Certificate

      ✔ Summary

      ✔ Keywords

      ✔ Review Questions

      ✔ Further Readings

  • Classification and Valuation of Excisable Goods

      ✔ Objectives Introduction

      ✔ Classification of Excisable Goods

      ✔ Scheme of Classification

      ✔ Broad Grouping in CETA

      ✔ Trade Parlance Theory

      ✔ Valuation of Excisable Goods

      ✔ Valuation under Central Excise

  • Various Authorities under Excise Law

      ✔ Introduction

      ✔ Authorities under Excise Law

      ✔ SECTION 35A. Procedure in Appeal

      ✔ SECTION 35B. Appeals to the Appellate Tribunal

      ✔ SECTION 35C. Orders of Appellate Tribunal

      ✔ SECTION 35D. Procedure of Appellate Tribunal

      ✔ SECTION 35E. Powers of Committee of Chief Commissioners of Central Excise or Commissioner of Central Excise to pass certain orders

      ✔ SECTION 35EE. Revision by Central Government

      ✔ SECTION 35F. Deposit, pending appeal, of duty demanded or penalty levied

      ✔ SECTION 35FF. Interest on delayed refund of amount deposited under the provision to Section 35F

      ✔ SECTION 35G. Appeal to High Court

      ✔ SECTION 35H. Application to High Court

      ✔ SECTION 35-I. Power of High Court or Supreme Court to require statement to be amended

      ✔ SECTION 35J. Case before High Court to be heard by not less than two judges

      ✔ SECTION 35K. Decision of High Court or Supreme Court on the case stated

      ✔ SECTION 35L. Appeal to the Supreme Court

      ✔ SECTION 35M. Hearing before Supreme Court.

      ✔ SECTION 35N. Sums due to be paid notwithstanding reference, etc.

      ✔ SECTION 35-O. Exclusion of time taken for copy

      ✔ SECTION 35P. Transfer of certain pending proceedings and transitional provisions

      ✔ SECTION 35Q. Appearance by authorised representative

      ✔ SECTION 35R. Appeal not to be filed in certain cases

  • Clearances of Excisable Goods

      ✔ Objectives Introduction

      ✔ Rules for clearance or removal of goods under Central Excise Rules

      ✔ Conditions and Limitations

      ✔ Sealing of goods and examination at place of dispatch

      ✔ Dispatch of goods by self-sealing and self-certification

      ✔ Examination of goods at the place of export

      ✔ Procedure for Export to all countries (except Nepal and Bhutan) without Payment of Duty

      ✔ Remission of duty on goods used for special Industrial purposes

      ✔ Determination of Value

      ✔ CENVAT

  • Service Tax

      ✔ Objectives Introduction

      ✔ Section 65A

      ✔ Director General (Service Tax)

      ✔ Existing scheme for levy, assessment and collection of Service Tax in India

      ✔ Legal Provisions

      ✔ Administrative Mechanism

      ✔ Rectification of Mistake

      ✔ Challenges before the Service Tax Administration in India

      ✔ Electronic Tax Administration

      ✔ Provisions of Input Tax Credit

      ✔ Procedure for Service Tax Registration

      ✔ Computation of Service Tax

      ✔ Audit and Inspections

  • Collection and Recovery of Service Tax and Assessment Procedure

      ✔ Objectives Introduction

      ✔ Levy and Assessment

      ✔ Legal Provisions

      ✔ Administrative Mechanism

      ✔ Non-recovery of Service Tax in certain situations

      ✔ Recovery of Service Tax

      ✔ Assessment Procedure of Service Tax in India

  • Custom Duties

      ✔ Objectives Introduction

      ✔ Types of Duties

      ✔ Acts under the custom duty

      ✔ Rules and Regulations

      ✔ Restriction on Import and Export of Goods

      ✔ Illegal Imports and Illegal Exports

      ✔ Date of Determination of Duty and Tariff Valuations of Imported Goods

      ✔ Levy of Custom Duties

      ✔ Collection and Exemption from Custom Duties

  • Valuation of  Custom Goods

      ✔ Objectives Introduction

      ✔ Rules of the Agreement on Customs Valuation

      ✔ Main Standard: Transaction Value

      ✔ Five Other Standards

      ✔ Developing Countries and the Agreement

      ✔ Valuation of Goods

      ✔ Valuation Rules for Imported Good

  • Clearance Procedure of Imported and Exported Goods

      ✔ Objectives Introduction

      ✔ Procedure for Clearance of Imported Goods

      ✔ Clearance Procedure of Exported Goods

  • Warehousing and Duty Drawback

      ✔ Objectives Introduction

      ✔ Appointment and Registration of Warehouses

      ✔ Receipt of Goods at Warehouse

      ✔ Special Provisions with Respect to Goods Processed and Manufactured in Refineries

      ✔ Payment of Rent and Warehouse Dues

      ✔ Place of Registration of Warehouse

      ✔ Failure to Receive a Warehousing Certificate

      ✔ Duty Drawback

      ✔ How to Obtain Drawback?

      ✔ Payment of Drawback Claims

      ✔ Duty Drawback Under Section 19 BIS

  • Central Sales Tax

      ✔ Objectives Introduction

      ✔ Important Features of the Act

      ✔ Important Definitions

      ✔ In the Course of Inter-state Trade

      ✔ Occasions Movement of Goods Section 3(a)

      ✔ Sale by Transfer of Documents Section 3(b)

      ✔ Sale or Purchase of Goods Outside a State

      ✔ Inter-state Sales Tax

      ✔ Intra-state Sales Tax

      ✔ Importance of VAT in India

      ✔ Sale or Purchase of Goods in the Course of Import and Export – Section 5

      ✔ Export of Goods out of India – Section 5(1)

      ✔ Deemed Exports Section 5(5)

      ✔ Liability to Tax on Inter-state Sales

      ✔ Rates of Tax

      ✔ Determination of Turnover

      ✔ Collection of Tax Section 9(A)

      ✔ Registration of Dealers

      ✔ Amendment of Certificate of Registration

      ✔ Cancellation of Certificate of Registration

      ✔ Procedures under CST Act

      ✔ Forms for Declarations

  • Registration of Dealers

      ✔ Objectives Introduction

      ✔ Registration of Dealers

      ✔ Classification and Value

      ✔ Procedure of Assessment

      ✔ Types of Income Tax Return

      ✔ Types of Assessment

      ✔ Self Assessment U/S 140A

      ✔ Scrutiny Assessment U/S 143(3)

      ✔ Best Judgement Assessment U/S 144

      ✔ Income Escaping Assessment U/S 147

  • Value Added Tax

      ✔ Objectives Introduction

      ✔ Value Added Tax (VAT)

      ✔ Difference between VAT and CST

      ✔ Features of Value Added Tax

      ✔ Main Features of VAT

      ✔ Computation of VAT

      ✔ VAT Rates

      ✔ Importance of VAT

      ✔ Advantages and Disadvantages of VAT

      ✔ Items covered under VAT

      ✔ Salient Features of VAT

      ✔ Methods of Collecting and Charging the VAT

      ✔ Levies of Tax under the VAT

      ✔ Who is the Dealer?

  

  Table of content

  • Getting started with Financial Statement Analysis

      ✔ Introduction

      ✔ What is Financial Statement Analysis?

      ✔ What are the different Financial Statements?

  • Understanding Annual Report – Important Terms & Concepts

      ✔ Data Subscription Services

      ✔ Different Parts of Annual Reports

      ✔ Standalone vs Consolidated Financial Statements

      ✔ Auditor’s Report

      ✔ Accounting Policies

      ✔ Operating vs Non-Operating Items

      ✔ Understanding Float

      ✔ Reverse Float

      ✔ Understanding Fixed Assets

      ✔ Understanding Intangible Assets

      ✔ Major Business Segments

      ✔ Employee Benefit Expenses

  • Common-size Analysis and cash flow Analysis

      ✔ Introduction to Analysis

      ✔ Common Size Analysis

      ✔ Cash Flow Statement Analysis

      ✔ Cash flow from Investing Activities

      ✔ Cash flow from Financing Activities

  • Analysis of Balance Sheet – Working Capital & Short-Term Items

      ✔ Operating Working Capital

      ✔ Financial/Non-Operating Working Capital

  • Analysis of Balance Sheet – Long term Assets

      ✔ Operating Assets and Non Operating Assets

      ✔ Fixed Assets

      ✔ Fixed Assets – CAPEX

      ✔ Intangible Assets

      ✔ Capital Work in Progress

      ✔ Long Term Investments

      ✔ Other Non Current Assets

  • Long Term Borrowings

      ✔ Long Term Borrowings

      ✔ Long Term Provisions

      ✔ Other Long Term Liabilities

      ✔ Equity

      ✔ Return On Equity (ROE) Analysis

      ✔ Reserves and Surplus

  • Analysis of Income Statement – Revenue and Expenses

      ✔ Revenue Growth

      ✔ Operating Asset Turnover Ratio

      ✔ Cost of Goods Sold

      ✔ Employee Benefit Expenses

      ✔ Depreciation and Amortization

      ✔ Other Operating Expenses

      ✔ Non-Operating Expenses

      ✔ Exceptional Items

      ✔ Margin and Growth Rates

      ✔ Taxes

  • Analysis of Other Critical Sections

      ✔ ESOPs

      ✔ Leases

      ✔ Forwards/Derivatives

      ✔ Related Party Transactions

      ✔ Consolidation – Subsidiaries, Associates and JVs

      ✔ Segmental Analysis

      ✔ Discontinued Operations

      ✔ Conclusion

      ✔ Adding Sector – Specific KPIs

  • Identifying Red Flags in Financial Reports

      ✔ Identifying Red Flags in Financial Reports

      ✔ Practice, Patience and Persistence