Coming soon
TAX PLANNING
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Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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CO 31: Have a broad understanding of the concept of Tax Planning, Tax Evasion, Tax Avoidance and Tax Management CO 32: Evaluate various investment avenues for minimizing the tax liability of an Individual CO 33: Understand forms of organization from the point of view of tax planning CO 34:Tax Planning in reference to employee remuneration CO 35: Identify Taxation aspects to be considered while making Managerial decisions.
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Approach in teaching: Interactive Lectures, Discussion, Tutorials, assignments.
Learning activities for the students: Self-learning assignments, Objective questions, Group tasks
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects |
Constitutional Provisions, Tax Planning and Tax Management: Constitutional provisions as regards Taxation in India. Concept of Tax Planning, Tax Management, Tax Avoidance and Tax Evasion and difference between them. Objectives, types, areas and requisites of Tax Planning
Doctrine of Form and Substance, Doctrine of Precedence
Judicial Thinking: M/s Mc Dowell and co. ltd vs Commercial Tax officer(SC), Ramsay vs. Inland Revenue commissioners
System of Advance Ruling
Personal Tax Planning of an Individual Assessee: Tax Planning with reference to an Individual
Corporate Income Tax in India: Form of organization, Location aspects, Nature of Business. Tax Planning with reference to Corporate restructuring.
Tax Planning in reference to employee remuneration. Tax planning in context of court rulings and legislative amendments.Tax planning Management Cell
Tax Planning with reference to Managerial Decisions: Capital structure Decisions, Bond Washing Transactions and Bonus shares. Planning in respect to Make or Buy Own or Lease, repair, replace, renewal and renovation
• How to save income tax by tax planning-R.NLakhotia(Vision Books New Delhi)
• Direct Tax Planning and Management- Vinod. K. Singhania(Taxmann’s
• Tax Planning- Prof. C.K.Shah (Ramesh Book Depot)
• Tax Management- R.N Lakhotia
• Tax Planning via Status in Direct tax matters-BhargavaS.R ,& Jain N.L
• Corporate Tax Planning-E.AShrivastva
• Law of Income Tax- A.C Sampath, Iyenger(Bharat Publishing House Allahabad)
• Corporate Tax Planning & Business Tax Procedures: V K Singhania
