This book is specifically designed to meet the requirements of the Intermediate Level Cost & Management Accountancy Examination. It includes past exam questions and detailed answers aligned with the latest ICMAI syllabus.

The Present Publication is the 2^nd Edition for the CMA Intermediate | New Syllabus | Dec. 2024/June 2025 Exams. This book is authored by CA CS CMA (Dr.) Priyanka Saxena, with the following noteworthy features:

• [Strict Adherence to the New ICMAI Syllabus] Ensuring complete alignment with the latest requirements
• [Comprehensive Coverage]
  • Past Exam Questions – Includes questions from the CMA-Intermediate | June 2024 Exam

• [Introduction to Each Chapter] is included in the book covering the following:
  • Definitions
  • Concepts
  • Formulas

• [Most Updated & Amended] This book is updated & amended as per the following:
  • Income Tax Answers are Modified as per A.Y. 2024-25
  • GST & Customs Answers are Modified as per the Latest GST & Customs Laws
• [Tabular Summaries] Provided at the beginning of each chapter for quick reference
• [Marks Distribution] Detailed chapter-wise distribution from June 2018 onwards
• [Previous Exam Trend Analysis] From June 2023
• [ICMAI Study-Material Comparison] Provided module-wise for a comprehensive understanding

The contents of this book are as follows:

• Section A – Direct Taxation (DT)
  • Overview of Income Tax
  • Residential Status
  • Incomes Which Do Not Form Part of Total Income
  • Income from Salary
  • Income from House Property
  • Income from Profits and Gains of Business and Profession
  • Income from Capital Gains
  • Income from Other Sources
  • Clubbing of Income
  • Set-off and Carry Forward of Losses
  • Deductions, Rebate & Relief
  • Advance Tax
  • TDS & TCS
  • Filing of Return of Income
  • Self-Assessment & Intimation
• Section B – Indirect Taxation (IDT)
  • Introduction to GST
  • Concept of Supply
  • Exemptions from GST
  • Composition Scheme
  • Time of Supply
  • Valuation under GST
  • Input Tax Credit
  • Registration under GST
  • Tax Invoice
  • E-Way Bill
  • Returns
  • Types of Customs Duties
  • Valuation under Custom