Income Tax Law and Accounts

Unit

Topics

No. of Lectures

I

Taxation Policy of Raja Todarmal.

Introduction, Important Definitions: Assessee, Person, Income, Total Income, Assessment Year & Previous Year. Agricultural Income & its Assessment.

Residence & Tax Liability (Basis of Charge).

Capital & Revenue. Exempted Incomes.

22

II

Income from Salaries, Income from House Property. Profits and Gains of Business and Profession, Depreciation.

31

III

Capital Gains, Income from Other Sources, Deductions from Gross Total Income, Computation of Tax Liability of an Individual.

21

IV

Set off and Carry Forward of Losses and Clubbing of Income, Procedure of Assessment and Income Tax Authorities, Advance Payment of Tax and Deduction of Tax at Source.

16