Income Tax Law & Practice

Syllabus

BBA-306: INCOME TAX LAW & PRACTICE

Unit I: Basic Concept: Income, Agriculture Income, Casual Income, and Assessment Year, Previous Year. Gross Total Income, Total Income, Person, Tax Evasion, Avoidance and Tax Planning.

Unit II: Charge: Scope of Total Income, Basis of Residence and Tax Liability, Income which does not form Part of Total Income.

Unit III: Heads of Income: Income from Salaries, Income from House Properties.

Unit IV: Heads of Income: Profit and Gains of Business or Profession, Including Provisions Relating to Specific Business, Capital Gains, Income from other Sources.

Unit V: Aggregation of Income, Set off and Carry Forward of Losses, Deduction from Gross Total Income.