Taxation - I

Paper Code: 
BCS 216
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To acquire knowledge and understanding of the concepts of Taxation Laws and to develop skills for decision making.

18.00

Direct Taxes at a Glance: Background of Taxation system in India; Vital Statistics; Layout; Administration.

Basic concepts of Income Tax : An overview of Finance Bill, ; Important definitions under Income Tax Act, 1961; Distinction between Capital and Revenue Receipts and Expenditure; Residential Status & Basis of Charge; Scope of Total Income; Tax Rates.

Incomes which do not form part of Total Income: Incomes not included in Total Income; Tax holidays.

18.00

Computation of Income under Various Heads : Income from Salary

12.00

Income from House Property

22.00

Profit and Gains of Business or Profession

20.00

Income from Other Sources; Capital Gains

References: 

1.  Study Material Issued by ICSI

2.  Scanner-Arun Kumar(ShuchitaPrakashan (P) Ltd)

Academic Year: 
2019-2020
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