The Objective of this course is to gain knowledge of Wealth Tax and Corporate Tax and their application
Overview of Direct Taxes: Canons Of Taxation, Requirement of good Tax Structure, Taxes vs. Fees, Constitutional Background for Direct and Indirect Tax, Difference Between Direct and Indirect Tax.
Assessment of HUF
Assessment of Firm and Limited Liability Partnership firms
Assessment of AOP
Advance Payment of tax including calculation of interest.
Assessment of Companies- Detailed Study of Income Tax law and rules with reference to assessment of companies including Dividend Distribution Tax. Computation of Tax Liability. Assessment Procedure.
Assessment of Non- Residents: Detailed Study of Income Tax law and rules with reference to assessment of Non-Residents.
Concept and problems of Transfer Pricing.
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless