BBA212 Income Tax Law and Practice GGSIPU BBA NEP 2024-25 Notes

Unit 1 Basic Concepts [Book]
Income Tax: Need, Features and 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
Introduction to Income Tax Regime 1 and 2	VIEW

Unit 2 [Book]
Meaning of Salary, Allowances, Perquisites	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 and Profession	VIEW
Meaning of Capital Asset, Basis of Charge, 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 Persons 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
E-filing Income Tax: Explore ITR-1 and ITR-2	VIEW
Regime 1 and 2	VIEW