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Direct tax laws ref book

28 January 2017

Please suggest best book for direct tax laws, in my last 2 attempts I refered Prof. Nihit Jhaveri's Summery book and i scored 44 n37 marks in last 2 attempts , should i continue with same book or go for T N Manoharan or any other book , now its 3 months left for may 2017 attempt, shloud I go for any other author please suggest, i failed in last two attempt only reason is lower score in DT, Please suggest me stratergy to score good marks in DT ,I am still not confident about DT.

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CA Ruskin B (Member) (2602 Points)
Replied 28 January 2017

there is nothing as a best book... it is our best effort that makes a book best.... so dont get disheartened with your choice... dt had tough valuation this time...refer past 20 exam question papers and study the mostly asked areas from icai material and practice manual... u can easily score 50 plus... select cases and recent change in finance act also imp.... if you are lucky you will get ditto questions from rtp and mock question papers...simply, change your focus to institute material on important topics...

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kartik (student) (989 Points)
Replied 29 January 2017

Nihit Jhaveri is good enough. But just make sure you are working out sums from PM or Bangar's compiler. It's very important that you know the application of the different concepts. Personally I use the compiler since I find it better arranged than the PM. In case you want to substitute Jhaveri with some other book, try Bhanwar Borana's handwritten book. It's available on Amazon and Flipkart. It's almost identical in length to Jhaveri, except that it also covers a few topics like deemed dividend and residential status which Jhaveri has not and also comes with a case law booklet which covers all the cases in the ICAI case law book. In any case Jhaveri has not released his book for May 17 yet so wait till it comes out and then take a call. I would not recommend Manoharan or VG or any other author not because they are not good but simply because their books have way too much stuff to cover and you have to take the time factor into consideration. Again I repeat, work out problems after understanding concepts. Good luck!