Direct Tax Laws And International Taxation (DIT) CMA Final Group 3

SECTION A: DIRECT TAX LAWS [60%]

1. Assessment of Income and Computation of Tax Liability of Various Entities - 5.5%

• Individual including Non-resident
• Company
• Trust
• Mutual Association

2. Tax Management, Return and Assessment Procedure - 5.5%

• Return of Income
• Assessment Procedure including Dispute Resolution Process
• Interest and Fees
• Survey, Search and Seizure
• Collection, Recovery and Refund of Tax

3. Grievance Redressal - 5.5%

• Appeal
• Rectification
• Revision
• Settlement Commission
• Advance Ruling

4. Penalties and Prosecutions - 5.5%

5. Business Restructuring - 5.5%

• Amalgamation
• Demerger
• Slump Sale
• Conversion of Sole Proprietary Business to Company
• Conversion of Firm into Company
• Conversion of Private Limited Company/Unlisted Public Company into LLP

6. Different Aspects of Tax Planning - 5.5%

7. CBDT and Other Authorities - 5.5%

8. E-commerce Transaction and Liability in Special Cases - 5.5%

9. Income Computation and Disclosure Standards (ICDS) - 5.5%

10. Black Money Act,2015 - 5.5%

• Introduction to Black Money Act
• Highlights of Black Money Act

11. Case Study 5.5%

SECTION B: INTERNATIONAL TAXATION [40%]

12. Double Taxation and Avoidance Agreements (DTAA) [Sec.90. 90A and 91] - 13.4%

• Types of DTAA
• Models of DTAAs (OECD and UN)
• Interlink of DTAAs with Section 90 of Income Tax Act, 1961
• Overview of Articles in DTAAs

13. Transfer Pricing - 13.4%

• Transfer Pricing including Specified Domestic Transactions
• Determination of Arm’s Length Price
• Advance Pricing Agreement- Concept and Application
• Safe Harbour Rules, Thin Capitalisation and Secondary Adjustment

14. GAAR - 13.4%