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PRACTICAL [1]

Paper Code: 
TPT-333
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

COURSE OUTCOME (COs):

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

 
 

CO 41: Determine Place of Supply Under IGST and express the significance of Compliance Rating

CO 42: Identify the Assessment Process under Customs Act

CO 43: Outline the process of clearance of Goods

CO 44:  Apply given investment options to reduce tax liability

CO 45: Infer broad outline of the budget

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, assignments.

 

Learning activities for the students:

Self-learning assignments, Objective questions, Group tasks

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects

 

 

6.00
Unit I: 

Practical problems relating to determination of place of supply under IGST

Compliance Rating under GST

 

6.00
Unit II: 

Practical problems relating to the Assessment process under Customs Act

6.00
Unit III: 

Procedural compliance regarding clearance of Goods imported and exported

6.00
Unit IV: 

Tax Planning:

Case studies on tax planning related to Investments.

Tax incentives for industrial development and Tax holidays

6.00
Unit V: 

Detailed study of the latest Finance Act (Provisions related to Individual Assessee) 

Essential Readings: 

Illustrated Guide to Goods and Services Tax- CA Rajat Mohan (Bharat Publications)

Biginner’s Guide to GST- Vandana Bangar, Yogendra Bangar (Aadhya Publications)     Income Tax- Agarwal, Jain, Sharma, Shah, Mangal (Ramesh Book Depot)

Income Tax-Patel, Chaudhary, Sharma, Modi, Bardia

References: 
  • Professional Approach to Direct Taxes- Girish Ahuja& Ravi Gupta (Bharat Law House Pvt Ltd, New Delhi
  • Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd
  • Direct Tax Law and Practice- V.K Singhania  (Taxmann Publication, New Delhi)
  • Basics of GST- Nitya Tax Associates (Taxmann’s Publications)
  • GST- A Practical Approach—  Vashistha Chaudhary, Ashu Dalmia, Shaifaly Girdharwal (Taxmann’s Publications)

 

 

Academic Year: 
2023-2024 [2]

Follow Accounting and Taxation on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/practical-248

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/practical-248
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2023-2024