Exploring the Best Books on Income Tax, GST, and Taxation for Legal Professionals

Introduction

For legal professionals seeking to enhance their knowledge and expertise in income tax, Goods and Services Tax (GST), and taxation, a comprehensive understanding of the subject matter is crucial. The complex and ever-evolving nature of tax laws requires constant learning and staying updated with the latest regulations and practices. To assist you in your quest for knowledge, this blog post will highlight some of the best books available in the market that cover various aspects of income tax, GST, and taxation.

Taxmann’s Direct Taxes – Law and Practice” (Professional Edition) by Dr. Vinod K. Singhania & Dr. Kapil Singhania

  • This book aims at not only making the reader understand the law but also helping them develop the ability to apply it.
  • In-depth analysis of all provisions of the Income-tax Act with relevant Rules, Judicial Pronouncements, Circulars and Notifications.
  • Digest of all Landmark Rulings by the Apex Court, High Courts, and Tribunals from 2015 to February 2023.
  • Gist of relevant Circulars and Notifications issued from January 2023 to February 2023.

Taxmann’s Direct Taxes – Law & Practice” with Special Reference to Tax Planning by Dr. Vinod K. Singhania & Dr. Kapil Singhania

  • This book is written in simple language, explaining the provision of the Law in a step-by-step & to-the-point manner with the help of suitable illustrations, without resorting to paraphrasing sections and legal jargon.
  • It features a learn-yourself-technique enabling students to learn & apply the Law faster.
  • This book will be helpful for students appearing in CA, CS, ICWA, M.Com., LL.B., and MBA examinations. It will also be helpful for those appearing in the income-tax departmental examination.

Bharat’s Direct Taxes Manual (In 3 Volumes)

  • This set of 3 manuals covers amended, updated & annotated text of the Income Tax Act, Rules, Allied Acts & Rules, Circulars & Notifications, Case Laws, etc.
  • Interpretation of Statutes & “Words and Phrases” under Direct Taxes.
  • The Finance Act, 2023, rates of taxes and Rates for Deduction of Tax at Source in Certain Cases.
  • Gist of Supreme Court Rulings.

Income Tax Act” as amended by Finance Act, 2023 by Dr. Girish Ahuja & Dr. Ravi Gupta

  • This book will provide an analysis of the Finance Act, 2023 and how they impact Income Tax.
  • Incorporating relevant Judicial decisions and CBDT circulars.
  • This book will be helpful for law students and advocates, tax practitioners and corporates, under-graduates and CA and CS candidates.

Indirect Taxes” by Dr Jaya Vasudevan Suseela

  • This book is a comprehensive guide to indirect tax law in general and GST in particular, emphasising the legislative shift from an origin-based taxation system to a destination-based system.
  • It covers the syllabus of LLB on Indirect Taxes.
  • It is fully updated with the latest legislative and case law developments.
  • Indispensable for students appearing in the competitive examination for C.A. and C.S.

Taxmann’s GST – How to Meet Your Obligations” (In 3 Volumes) by S. S. Gupta

  • This book is Taxmann’s bestselling flagship commentary explaining every concept of GST lucidly.
  • The various provisions contained in different statutes are discussed in sixty chapters.
  • It provides the scope of provisions of sections, rules, etc.
  • Supported by judgments or orders of various Tribunals, High Courts and the Supreme Court.
  • The provisions are also explained in different places by way of giving examples.

GST Ready Reckoner” by V. S. Datey

  • ‘GST Ready Reckoner’, is a ready reference for all provisions of the GST Law, divided into 55 topics, with relevant Case Laws, Notifications, Circulars, etc.
  • 21st Edition has been amended up to May 2023.
  • Fully updated with the latest legislative and case law developments.
  • As amended by Finance Act 2023.

Goods And Services Tax – Constitutional Law and Policy” by Tarun Jain

  • The book starts with an analysis and discussion of the intent & thought process that went into framing this mega law – the foundation & background that will help in the interpretation & understanding of the various provisions of the GST law.
  • It deals with the provisions of the Constitution Amendment Act, the discussions and developments that took place in Parliament, & the various relevant constitutional and statutory provisions.
  • Provides an analysis of the various legal, and economic concepts upon which the GST law is based.
  • Contains documents related to the Constitution Amendment Act for future reference.

AIBE 2023: Everything You Need to Know About the Exam

Introduction:

The All India Bar Examination (AIBE) is a crucial examination for aspiring lawyers in India, conducted by the Bar Council of India (BCI). This exam aims to assess the legal knowledge and skills of law graduates, ensuring that they possess the competence needed to practice law in India. After clearing the All India Bar Examination, the candidate is awarded a certificate of practice by the Bar Council of India. Qualified members in the exam can attend court hearings in any tribunal’s courts and administrative bodies.

Background:

The AIBE was introduced in 2010 as a mandatory examination for law graduates who wish to practice law in India. The primary objective is to evaluate whether candidates have a minimum level of understanding of the law and ethics necessary to serve as legal professionals. The examination has evolved over the years to reflect changes in the legal landscape and to maintain high standards in the legal profession.

Examination Process:

The AIBE typically consists of multiple-choice questions (MCQs) and essay-type questions. The examination assesses candidates on various subjects, including constitutional law, criminal law, civil law, professional ethics, and legal reasoning. The exam is conducted in 53 cities having 261 centres as an open-book exam and conducted offline in 3 and half hours duration.

Eligibility

All India Bar Examination can be attended on the below eligibility:

  • Members should hold a law degree (3-Year/5-Year) from a recognised institute of law approved by the Bar Council of India.
  • Should have been registered with their respective State Bar Councils.
  • No upper age limit for appearing in the exam.

AIBE XVIII (18) 2023-24: The Bar Council of India (BCI) has released AIBE 18 (XVIII) official notification. As per the official notification, AIBE XVIII (18) 2023-24 Exam Date is October 29, 2023. Click here to register for the AIBE-XVIII.


Get prepared for the AIBE 2023

To prepare for the All India Bar Examination (AIBE) in 2023, it’s essential to have the right study materials and books that cover the required subjects and topics. When selecting books and study materials, it’s crucial to align them with the AIBE syllabus and the specific subjects you need to cover. Additionally, consider your own learning style and preferences when choosing resources. Some candidates prefer comprehensive textbooks, while others may benefit from more concise study guides and practice papers. Here are the best books for the All India Bar Examination (AIBE-2023):

EBC’s Master Guide To All India Bar Examination (AIBE Exam Guide)

It is a comprehensive book to study for the exam conducted by the Bar Council of India. The following are some of the unique features of this Guide:
1. Authoritative commentary on all the prescribed subjects in one compact volume.
2. Includes the latest case laws and statutory amendments, viz. Bonnie Foi Law College case, 2023.
3. More than 2500 exam-styled MCQs along with answers.


Bare Act Combo for All India Bar Examination (AIBE)by Commercial Law Publishers

This Bare Act Combo Set of 21 Acts is specially designed for Students who are preparing for the All India Bar Examination (AIBE) conducted by The Bar Council of India. The Bare Acts are without comments. This set includes the Advocates Act, 1961, Arbitration & Conciliation Act, 1996, Code of Civil Procedure, 1908, Code of Criminal Procedure, 1973, Constitution of India, 1950, Consumer Protection Act, 2019, Environment Laws, Family Laws, Indian Contract Act, 1872, Indian Evidence Act, 1872, Indian Penal Code, 1860, Cyber Laws (Information Technology Act, 2000), Intellectual Property Laws, The Limitation Act, 1963, Motor Vehicles Act, 1988, Negotiable Instruments Act, 1882, Right to Fair Compensation & Transparency in Land Acquisition, Rehabilitation & Resettlement Act, 2013, Specific Relief Act, 1963, Property Act, 1882, Labour & Industrial Laws, and Companies Act, 2013.


All India Bar Examination – AIBE Solved Papers (2011 – 2023)

This title contains solved papers of all examinations held from 2011 to 2023. It features:

1. Indispensable aid for those appearing for the All India Bar Examination.
2. Contains solved question papers, along with explanations, for entrance examinations held by the Bar Council of India from 2011 to 2023.


Guide to All India Bar Examination by Universal

The book covers all the subjects that form part of the syllabus prescribed by the Bar Council of India. It features:

1. Covers all subjects forming part of the prescribed syllabus
2. Provides both theories as well as MCQs on each subject
3. MCQs and subject-wise theory has been thoroughly revised and updated in light of recent legislative and judicial developments
4. Previous three-year question papers along with the answer key have also been provided


All India Bar Pariksha (AIBE) Guide by Dr Sanjay Gupta, Brajesh Kumar

All India Bar Pariksha (AIBE) Guide (As per the New Syllabus of 2023-24), along with the Solved Papers of 2018, 2019, 2021, 2023.


How Gourango Lost His O

From the boondocks of the Sundarbans to the hallowed corridors of the Supreme Court of India, and everywhere in between, comes this insightful and humourous “non-story” that regales the tales of struggling lawyers, their colorful clients, and the landscape of the Indian judiciary, all via the perspective and experiences of one such lawyer—Gourango, the unwitting star of this narrative.

“An authentic behind-the-scenes glimpse into the lives and challenges of lawyers and their clients, this book will fascinate readers with its many colorful larger-than-life characters, dramatic stories, and unexpected plot twists.”

— Chitra Banerjee Divakaruni

Author of The Last Queen and Forest of Enchantments

“Each chapter, often peppered with affectionate Bengalese, is both poignant and sweet. This is why your smile will play around the edges long after you’ve turned the last page. For the non-initiate, cheeky access to the legal world as well.”

— Dipankar Gupta

Sociologists and Public Intellectual

“Ghose manages the impossible here; he brings relatability to an otherwise drab & complex universe of Indian Jurisprudence. A satirical look into how Indian courts function, with all their eccentricities & the power games that are played. A must-read ‘non-story’ for anyone interested to know how justice is done in our country (or not).”

— Akash Banerjee

Satirist and Political Commentator

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