Coming soon
Taxation-II
To develop knowledge and skills relating to the tax system as applicable to individuals, HUF, AOP and Companies
Income under the Head “Other Sources”
Chargeability Incomes included under income from other sources (Section 56(2) and sub sections) Deductions under section 57 Amounts not deductible under section 58 Deemed income chargeable to tax Bond washing transactions Deemed dividend Rate of tax in case of winnings from lotteries, crossword puzzles, races etc.
Clubbing of Income: Income of other persons included in Assessee’s total income Transfer of income without transfer of assets Revocable transfer of assets Provisions of section 54 and its subsections Set off and Carry Forward of losses
Deductions to be made in Computing Total Income
Deductions under section 80C TO 80 U Agricultural Income and its tax treatment Definition of agricultural income Rent or revenue derived from agricultural Land Income attributable to a farm house Exemption of agricultural income Partial Agricultural Income Income from manufacture of Rubber, tea and coffee.
Assessment of Individual
Assessment of Hindu Undivided Family
Assessment of Partnership Firm
Return of Income (Section 139 to 140 A) Deduction of Tax at Source Advance Payment of Tax
• Professional Approach to Direct Taxes- Girish Ahuja& Ravi Gupta( Bharat Law House Pvt Ltd, New Delhi
• Income Tax-Patel, Choudhary, Sharma, Modi, Bardiya (Choudhary Prakashan)
• Income Tax- Agarwal, Jain, Sharma, Shah, Mangal ( Ramesh Book Depot)
• Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd
• Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi)
• Law and Practice of IncomeTax, Mr Dinkar Pagare, (M/S Sultan Chand& Sons)
• Income Tax for Students-Sharad Bhargav, (Mashbara Industries)
• Income Tax; Law and Accounts:- H.C Mehrotra(Sahitya Bhawan)
