Coming soon
DIRECT TAX LAWS-II
Objective- This course will enable the students to:
• Learn provisions regarding Computation of Taxable Income of an HUF, AOP and Firm
• Learn the Statutory compliances regarding the Procedure of Assessment
• Learn provisions regarding TDS, TCS and Advance Payment of Tax
• Gain Knowledge regarding Filing of Appeals and Revisions under Income Tax Act
• Have a brief idea about Inspection, Search, Seizure and Offences and Penalties
COURSE LEARNING OUTCOME:
Students will be able to:
• Compute Taxable income of an HUF, AOP and Firm
• Understand statutory compliance regarding Assessments
• Understand concept of TDS, TCS and Advance Payment of Tax
• Have an overview of the procedure of filing Appeals and Revisions
• Have an insight about Inspection, Search, Seizure and Offences and Penalties
Assessment of Hindu Undivided Family and computation of their tax liability
Assessment of Association of Person and computation of their tax liability
Assessment of Firm and LLP and computation of their tax liability
Procedure of Assessment- Filling of Return as Statutory Obligation, Timing of Filing of Return of Income, Defective or Incomplete Return and their rectification Belated Return of Income, Permanent Account Number (PAN), Signature on Return, Types of Assessment
Deduction of Tax at source, Advance Payment of Tax, Collection, Recovery and Refund of Tax
Appeals and Revision
Inspection, Search and Seizure
Offences and Penalties
1. Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi)
2. Professional Approach to Direct Taxes- GirishAhuja& Ravi Gupta( Bharat Law House Pvt Ltd,
3. Income Tax- Agarwal, Jain, Sharma ,Shah, Mangal ( Ramesh Book Depot)
4. Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd
5. Law and Practice of IncomeTax, MrDinkarPagare, (M/S Sultan Chand& Sons)
6. Income Tax for Students-SharadBhargav, (Mashbara Industries)
7. Income Tax; Law and Accounts:- H.C Mehrotra(SahityaBhawan)
