Taxation - II

Clubbing provisions and Set Off and / or Carry Forward of Losses :Income of other

persons included in Assessee’s Total Income; Aggregation of Income; Set off and / or

Carry forward of losses.

Deductions from Gross Total Income & Rebate and Relief : Deductions in respect

of certain payments; Specific deductions in respect of certain income; Deductions in

respect for donations for expenditure under CSR activities; Rebates and Reliefs.

Computation of Total Income and Tax Liability of various entities :

Individual;

Hindu Undivided Family ‘HUF’;

Alternate

Minimum Tax (AMT);

Partnership Firm / LLP;

Computation of Total Income and Tax Liability of various entities :

Co-operative Societies;

Association of Person ‘AOP’ and Body of Individual ‘BOI’;

Political Parties;

Electoral Trusts;

Exempt organization – Registration u/s 12A/ 12AA;

Classification and Tax Incidence on Companies :Computation of taxable income and

tax liability of Company; Dividend Distribution Tax; Minimum Alternate Tax ‘MAT’;

Other Special Provisions Relating to Companies; Equalization Levy.

Procedural  Compliance  :Permanent  Account  Number  ‘PAN’  /  Tax  Collection

Account Number ‘TAN’; Tax Deduction at

Source ‘TDS’ & Tax Collection at Source ‘TCS’

Advance Tax &Self Assessment Tax ‘SAT’; Returns, Signatures, E-Filing ; Fee and

interest  for  default  in  furnishing  return  of  Income  ;  Collection,  Recovery  of  Tax,

Refunds.

Assessment,  Appeals  &Revision  :Assessment;  Types  of  Assessment;  Appeals;

Revisions; Search, Seizure, Penalty and

Offences.