DIRECT TAX LAWS-II

Paper Code: 
TPT-231
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To gain knowledge of the basic principles underlying the substantive provisions of the Income Tax Law and their application in computation of income of an HUF, Firm, AOP& Companies, Co-Operative Societies under various heads of Income

12.00

Assessment of Firm and LLP and computation of their tax liability

12.00

Assessment of Hindu Undivided Family and computation of their tax liability
Assessment of Association of Person and computation of their tax liability

12.00

Assessment of Companies and computation of their tax liability

12.00

Assessment of Cooperative Societies, Trust Representative Assessee and Non Residents

12.00

Procedure of Assessment- Filling of Return as Statutory Obligation, Timing of Filing of Return of Income, Defective or Incomplete Return and their rectification Belated Return of Income, Permanent Account Number (PAN), Signature on Return, Types of Assessment
Deduction of Tax at source, Advance Payment of Tax, Recovery of Tax, Refunds and Prosecutions, Appeals and Revision. E- filling of return

Essential Readings: 

1. Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi)
2. Professional Approach to Direct Taxes- GirishAhuja& Ravi Gupta( Bharat Law House Pvt Ltd,
3. Income Tax- Agarwal, Jain, Sharma ,Shah, Mangal ( Ramesh Book Depot)
4. Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd
5. Law and Practice of IncomeTax, MrDinkarPagare, (M/S Sultan Chand& Sons)
6. Income Tax for Students-SharadBhargav, (Mashbara Industries)
7. Income Tax; Law and Accounts:- H.C Mehrotra(SahityaBhawan)

Academic Year: