Income Tax Act-Definition-Income-Agricultural Income- Assesse- previous Year-Assessment Year-Residential status –Scope of Total Income-Capital and Revenue-Receipts and Expenditure-Exempted Incomes.
Computation of Income from salaries and Income from House property.
Computation of profits and Gains of Business or profession-calculation of capital gain.
Computation of Income from other Sources-Set –Off and carry forward of Losses-Deduction from Gross Total Income-Assessment of Individuals.
Income Tax Authorities-Procedure for Assessment –Collection of Tax.
Reference Book:
1) Income tax law and practice – T.Srinivasan ,S.Mayilvaganan,Scitech Publishing (India) private limited, copy right 2010. 2) Income tax law and practice – N.Hariharan – Tata Mcgraw Hill education private limited New Delhi,2011 3) Direct Taxes - B.B. Lal – Pearson – NewDelhi Publishers. 4) Income Tax Law & Practice - Dr.H.C.Mehorotra 5) Tax Laws – Dingar Pagare sulatan chand – New Delhi. 6) Income Tax - Bhagavathi Prasad – wishwaprakashamn-New Delhi
Text Book:
1) Income Tax Law and Practice – V.P Gaur, D.B Narang- Kalyani Publishers-New Delhi,2012
