Taxation – CRACKER with Application-Based MCQs and Integrated Case Studies is a comprehensive, examination-centric problem compendium for CA Intermediate – Group I | Paper 3 (Taxation), designed to operationalise the ICAI syllabus through questions, patterns, and evaluative logic rather than narrative exposition. The book functions as a complete past-exam and assessment-pattern decoder, integrating descriptive questions, ICAI-style MCQs, and multi-layered integrated case studies across both Income-tax Law and GST. This Edition incorporates all amendments applicable for A.Y. 2026-27, the latest GST law, and fully solved past examination questions up to the January 2026 exam. Each solution is framed to mirror ICAI's marking scheme, computational flow, and legal reasoning expectations, making the book a direct simulation of the examination environment rather than a theoretical text.
The Present Publication is the 13th Edition, authored by CA. (Dr) K.M. Bansal & Dr Sanjay Kumar Bansal, with the following noteworthy features:
[Exhaustive Solved Past Examination Questions] Covers ICAI past exam questions across multiple years, including the January 2026 examination, with fully worked-out answers
[Dedicated MCQs & Integrated Case Studies] Separate, structured sections for MCQs and integrated case studies in both Income-tax and GST, reflecting the ICAI's increasing emphasis on application-based testing
[ICAI Evaluation-Aligned Answer Framework] Solutions follow step-wise computation, statutory referencing, and working-note logic consistent with ICAI marking methodology
[Chapter-wise Marks Distribution & Trend Analysis] Each chapter is supported by historical marks weightage and trend insights, enabling students to focus on high-yield areas
[Chapter-wise Mapping with ICAI Study Material] Enables students to cross-verify syllabus coverage, ensuring nothing examinable is missed
[Coverage of RTPs & MTPs] Selective and relevant questions from ICAI Revision Test Papers (RTPs) and Mock Test Papers (MTPs) are included with solutions
[Updated for A.Y. 2026-27 & Current GST Regime] All questions—especially computation-based ones—are modified to reflect current law, slab structure, regimes (including section 115BAC), and GST provisions
The book covers the entire CA Intermediate Taxation syllabus, structured into four functional layers:
Section A – Income-tax Law (Descriptive Questions)
Basic concepts and definitions
Residential status and scope of total income
Heads of income:
Salaries
House Property
Profits & Gains of Business or Profession
Capital Gains
Income from Other Sources
Set-off and carry forward of losses
Deductions from Gross Total Income
Computation of Total Income and Tax Liability
Advance tax, TDS, TCS
Filing of return and procedural aspects
Section B – Goods and Services Tax (GST)
Conceptual framework of GST
Supply, charge, exemptions
Time and value of supply
Input Tax Credit
Registration, tax invoices, accounts & records
E-way bill
Payment, returns, TDS/TCS under GST
Section C – MCQs & Integrated Case Studies (Income-tax)
High-density MCQs involving computation, regime selection, exemptions, and deductions
Multi-issue integrated case studies covering capital gains, house property, business income, deductions, and tax liability
Section D – MCQs & Integrated Case Studies (GST)
ICAI-style MCQs on GST law and procedures
Case-based questions involving classification, ITC eligibility, valuation, and compliance
The structure of the book is as follows:
Strict chapter-wise alignment with the ICAI syllabus
Each chapter typically includes:
Past exam questions (descriptive + MCQs)
Integrated case studies spanning multiple provisions
RTP & MTP-based questions
Chapter-wise marks trend indicators
MCQs and case studies are consolidated in dedicated sections, enabling focused practice
Solutions are:
Computation-driven
Legally reasoned
Exam-length and marks-appropriate
Designed for modular study, selective revision, and full-syllabus mock practice
