Description
Taxmann Tax Laws and Practice (Tax) CRACKER – AY 2025-26 by K.M. Bansal, Sanjay Kumar Bansal
Tax Laws & Practice – Direct Tax | GST | Customs | CRACKER is a comprehensive and examination-focused resource meticulously designed for CS-Executive aspirants under the New Syllabus. This book serves as an indispensable revision tool by integrating fully solved previous exam questions, case study-based multiple-choice questions (MCQs), updated amendments, and analytical tools, such as chapter-wise mark distribution and trend analysis.
The Present Publication is the 5th Edition for the Dec. 2025/June 2026 Exams. This book is authored by CA. (Dr) K.M. Bansal & Dr Sanjay Kumar Bansal, with the following noteworthy features:
[Fully Solved Questions from Previous Exams] This book incorporates comprehensively solved questions from past CS-Executive examinations, including those held up to June 2025. Each answer is drafted in accordance with the latest ICSI examination pattern, ensuring students are well-versed with current question trends and expected answering standards
[Topic-wise Arrangement of Questions] The questions have been meticulously organised chapter-wise and topic-wise to align with the prescribed syllabus and logical flow of concepts. This structure enables students to practice and revise systematically, building clarity on each specific area of Direct Tax, GST, and Customs Law
[Case Study-based Objective Questions] Special emphasis is placed on case-based multiple-choice questions (MCQs), which reflect the current pattern adopted by ICSI for testing practical understanding and analytical thinking. These questions help students prepare for scenario-based evaluations and improve application skills
[Chapter-wise Marks Distribution] Includes an analytical chapter-wise marks chart for exams from Dec. 2023 to June 2025, which offers insights into the weightage of each chapter. This aids in prioritising preparation based on high-scoring areas and historical exam trends
[Previous Exams Trend Analysis] Detailed year-wise trend analysis breaks down the type, topic, and marks distribution of questions across multiple exam sessions. It categorises questions into theoretical and practical, allowing students to track recurring patterns and tailor their revision accordingly
[Chapter-wise Comparison with ICSI Study Material] A dedicated section maps each chapter of this book against the corresponding chapters in the ICSI Study Material, ensuring seamless integration and reducing the need for cross-referencing multiple sources
[Covers Latest Provisions & Amendments] The book is updated in accordance with the latest applicable provisions, amendments, and notifications relevant to the Assessment Year 2025–26. It ensures students are preparing with current and compliant content across all areas of taxation
[Authoritative Yet Student-friendly Approach] Authored by renowned subject experts – CA (Dr) K.M. Bansal and Dr Sanjay Kumar Bansal – the explanations are technically sound and easily understandable, making it suitable for self-study as well as guided learning
[Ideal for Last-Minute Revision] With its exam-focused content, solved papers, marks analysis, and structured layout, the book serves as an efficient revision tool to reinforce learning and boost exam confidence in the final leg of preparation
The book is divided into three core parts:
Part I – Direct Tax
Covers foundational and applied topics such as Basic Concepts, Salary, House Property, Business Income, Capital Gains, Clubbing Provisions, Deductions, and Procedural Compliance
Part II – Indirect Tax (GST & Customs)
Provides detailed coverage of GST concepts, including Levy & Collection, Place of Supply, ITC, Compliance procedures, and Customs overview
Part III – Case-Based Objective Questions
A curated set of practical MCQs that mirror the ICSI examination pattern divided between Direct Tax and Indirect Tax topics
The structure of the book is as follows:
Chapter-wise Segregation – Based on the ICSI syllabus structure for ease of study
Marks Distribution Charts – Based on past exams (Dec. 2023 to June 2025), showing average marks weightage
Trend Analysis Tables – Detailed mapping of questions by chapter, category (theory/practical), and year
Study Material Comparison Table – Cross-reference between the CRACKER chapters and ICSI official study material