BBA208 Income Tax Law and Practice

Unit 1 Introduction to Income Tax Act 1961 [Book]
Income Tax Need, Features, Basis of Charges VIEW
Income tax act 1961 and Amendments VIEW
Residential Status VIEW
Scope of Total Income VIEW
Heads of Income VIEW
Exempted Incomes VIEW
Unit 2 Income from Salary and House Property [Book]
Meaning of Salary, Perquisites, Allowances VIEW
Deductions from Salary VIEW
Exemptions from Salary VIEW
Computation of Taxable income from Salary VIEW
Income from House Property, Determinants of Annual Value, Deductions and exemptions, Computation of Taxable income of House Property VIEW
Unit 3 [Book]
Meaning of Business income, Methods of Accounting, Deductions VIEW
Computation of Taxable income from Business or Profession VIEW

Meaning of Capital Asset, Basis of Charges, Exemptions related to Capital gains, Meaning of Transfer, Computation of Taxable Capital gain

VIEW
Income from other Sources: Dividend, Interest on Securities Winning from Lotteries, Crossword puzzles, Horse Races, Card games etc. VIEW
Unit 4 [Book]
Income of other Person included in Assesses Total Income VIEW
Aggregation of income VIEW
Set-off and Carry Forward of Losses VIEW
Deductions from Gross Total Income, Rebates and Reliefs VIEW
Advance Payment of Tax VIEW
Tax Deduction at Source VIEW
Computation of Total Income and Tax Liability of individuals VIEW

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