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AtlasCA · CMA · CS

Paper 7 · 527 · Group 2

Tax Laws & Practice

Direct tax computation and compliance with GST and customs. The Income-tax Act, 2025 applies from the June 2027 exam.

Part I — Direct Tax · 60 marksPart II — Indirect Tax (GST & Customs) · 40 marksTopic classifications not yet reviewed

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Syllabus lessons

From the ICSI Syllabus 2022, as modified effective December 2025.

  1. 1Direct Tax at a Glance
  2. 2Basic Concept of Income Tax
  3. 3Incomes which do not form part of Total Income
  4. 4Income under the Head Salary
  5. 5Income under the Head House Property
  6. 6Profits and Gains from Business and Profession
  7. 7Capital Gains
  8. 8Income from Other Sources
  9. 9Clubbing Provisions and Set Off and / or Carry Forward of Losses
  10. 10Deductions
  11. 11Computation of Total Income and Tax Liability of Various Entities
  12. 12Classification and Tax Incidence on Companies
  13. 13Procedural Compliance
  14. 14Concept of Indirect Taxes at a Glance
  15. 15Basics of Goods and Services Tax
  16. 16Levy and Collection of GST
  17. 17Time, Value & Place of Supply
  18. 18Input Tax Credit & Computation of GST Liability
  19. 19Procedural Compliance under GST
  20. 20Overview of Customs Act

Official resources

Opens the document at its ICSI source.

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