Income Tax Act – Definition of Income – Agricultural income – Assessee - Assessment year – Previous Year –– - Residential Status - Scope of Total Income – Capital & Revenue – Receipts & Expenditure – Exempted Income

Computation of Income from Salaries- Sections 15 to 17. Income from House Property: Computation of Income from House Property - Sections 22 to 27

Computation of Profit and Gains of Business or Profession- Sections 28 to 44DB. Capital Gains: Calculation of Capital Gains – Sections 45 to 55

Computation of Income from Other Sources - Sections 56 to 59. Set off and Carry forward of losses – Sections 70 to 79. Deductions from Gross Total Income – Assessment of Individuals

Income tax authorities – Procedure for assessment - Collection of tax