Direct & Indirect Taxation ? CRACKER is a focused, exam-oriented question bank for Paper 7 ? Direct & Indirect Taxation of the CMA Intermediate (Group I) course under Syllabus 2022. It is built around a single idea: the fastest way to score in a tax paper is to practise the questions the examiner actually sets, answering them exactly as they should be written in the exam hall. The book is a chapter-wise solved question bank. It compiles a large body of ICMAI past exam questions?the inline question bank spans over a decade (questions are tagged from 2013 through 2025, drawn from both the current Syllabus 2022 and the erstwhile syllabus)?and presents each with a complete model solution. The answers are aligned to current law: practical sums are computed for Assessment Year 2026-27 (Direct Tax) and the latest amended GST and Customs provisions (Indirect Tax), with income-tax computations following the new/default tax regime under section 115BAC. Questions adapted for amended law carry a visible 'Modified' tag (used several hundred times across the book), so students can see at a glance that they are practising on current material rather than outdated answers. Most chapters open with an 'A Quick Review' capsule?a tight summary of the charging sections, key provisions, rates, and deductions?before moving into the solved questions. The book then closes with the latest June 2026 paper solved in full, module-wise (Suggested Answers), giving students a clean, current-standard benchmark. This Edition is one of the most up-to-date question banks available for the Dec. 2026 and June 2027 attempts, and is designed to sit alongside the ICMAI Study Material as the final-revision and self-practice companion.