Law BookDirect Tax Laws and International Taxation
Direct Tax Laws and International Taxation by T.N. Manoharan, updated for CA Final November 2026 exams (A.Y. 2026-27), is built on the CA New Scheme and includes dedicated chapters on GAAR, POEM, BEPS & Black Money. This two-volume, 1335-page set gives a concise presentation of Income-tax Law provisions as amended by the Finance Act, 2025, keeping the focus on what's actually relevant to students pursuing academic and professional courses rather than padding out with excess detail. It specifically addresses tax planning and the General Anti-Avoidance Rules (GAAR) across various income sources, and includes the key provisions of Black Money Law. On the international side, the book covers Transfer Pricing, DTAA, the Equalisation Levy, Model Tax Conventions, application and interpretation of tax treaties, and the fundamentals of Base Erosion and Profit Shifting (BEPS) — the areas students most often find hardest to piece together. Updated rules, circulars, and case law reported up to February 2026 are cited throughout, and amendments to the Income-tax Act, while incorporated at the relevant sections, are also listed separately in an Appendix for quick revision. As a practical exam-prep addition, answers to selected questions from the past 21 CA Final exams on Direct Tax Laws and International Taxation (old syllabus) have been suitably modified, regrouped, and placed at the end of each chapter.
