🌿 CA Intermediate · Paper 3 COMING SOON

Taxation

Income-tax + GST in one paper — computation-heavy practice with stepwise marking.

Free tier first, always. 20 MCQs a day, no card.

Full syllabus — 24 chapters

Inside Taxation

ICAI Study Material · May 2026 edition

Section A — Income-tax Law

  1. Basic ConceptsPrevious year, assessment year, person, assessee — the definitions the whole paper hangs on; 3–5 marks as direct MCQs every attempt.
  2. Residence and Scope of Total IncomeResidential status rules for individuals and companies, scope of total income — one of the most-tested 8-mark theory-cum-computation chapters.
  3. Heads of Income (Salaries · House Property · PGBP · Capital Gains · Other Sources)Five heads, one mega-chapter — where 40–50% of IT marks sit; Salary perquisites and PGBP disallowances are the highest-drop zones.
  4. Income of Other Persons included in Assessee's Total IncomeClubbing provisions for spouse, minor child — 3–5 mark scenario questions where students get tripped on the conditions.
  5. Aggregation of Income, Set-Off and Carry Forward of LossesInter-head vs intra-head set-off order and carry-forward restrictions — the sequencing rules that make or break a total-income computation.
  6. Deductions from Gross Total Income80C to 80U — the deduction catalogue; 80C, 80D, 80G, 80GGA numericals appear in almost every attempt.
  7. Advance Tax, Tax Deduction at Source and Tax Collection at SourceInstalments, TDS rates, interest for defaults — a computation chapter where most students lose marks on due-date and percentage recall.
  8. Provisions for filing Return of Income and Self AssessmentDue dates, belated return, revised return, self-assessment tax — tested as precise MCQs; getting dates wrong costs easy marks.
  9. Income Tax Liability — Computation and OptimisationFull integrated computation of total income and tax — the capstone chapter where all heads, deductions, and rebates come together.

Section B — Goods and Services Tax

  1. GST in India — An IntroductionConstitutional background, dual GST structure, CGST/IGST/SGST distinction — the conceptual layer the entire GST section builds on.
  2. Supply under GSTTaxable supply definition, composite vs mixed supply — the section-7 and schedule analysis that every case-scenario question tests first.
  3. Charge of GSTLevy, composition scheme, reverse charge — RCM is consistently tested as both MCQ and 5-mark computation question.
  4. Place of SupplyIntra-state vs inter-state, specific rules for services — the chapter students fear most; wrong POS kills the entire IGST/CGST split answer.
  5. Exemptions from GSTNotification-based exemptions, negative list — tested as 'taxable or exempt' scenario MCQs; breadth over depth is the strategy here.
  6. Time of SupplyEarliest-of-the-three rule for goods and services — a short chapter with precise rules that yield direct marks in numerical questions.
  7. Value of SupplyTransaction value, inclusions/exclusions, related-party transactions — the starting point of every GST computation question.
  8. Input Tax CreditEligibility, blocked credits, proportionate reversal — the highest-weightage GST chapter; Section 17(5) blocked list appears every attempt.
  9. RegistrationThreshold, mandatory registration, deemed registration timelines — MCQ-friendly rules that yield 3–5 marks with clean recall.
  10. Tax Invoice; Credit and Debit NotesMandatory fields, time limits to issue, credit note reversal — precision rules tested as both theory and fill-in-the-blank MCQs.
  11. Accounts and RecordsRetention period, place of maintenance, e-records — short chapter with specific statutory numbers the examiner loves to pick.
  12. E-Way BillThreshold, generation, validity, extension rules — practical compliance chapter tested as MCQs and short-scenario questions.
  13. Payment of TaxElectronic cash/credit ledger, order of utilisation, interest on late payment — the utilisation chain is a favourite numerical trap.
  14. Tax Deduction at Source and Collection of Tax at SourceTDS under GST, TCS for e-commerce operators — the GST-specific TDS/TCS rules that students confuse with the IT paper counterpart.
  15. ReturnsGSTR-1, GSTR-3B, annual return, late fees — due dates and filing sequence are perennial MCQ targets; matching concepts tested in numericals.

Chapter list as per the current ICAI New Scheme study material. Every Pookie question cites its ICAI source; solutions follow ICAI marking-scheme structure.

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