Course Learning Objective:
To make student understand and apply the basic concept of Taxation and related constitutional provisions
Understand and analyse the different kinds of classification of income under different heads To know, analyse and apply the procedure of assessment.
To understand about legal provisions related to the income tax authorities and examine the procedure of appeals and revision
UNIT-1 Introduction
Concept of Tax and Kinds of Taxes
Direct Tax
Incomes which do not form part of total Income
UNIT-2
Direct Tax
Heads of Income (Income Tax Act)
Salaries
Income from House Property
Profits and Gains of Business or Profession
Capital Gains
Income from Other Sources
UNIT-3
Indirect Tax
Income from other persons included in assesses total income
Introduction to Goods and Service Tax Act
Definitions
Administration
Levy and Collection of Tax
Registration
Offences and Penalties
UNIT-4
Assessment and Tax Authorities
Assessment Procedure
Types of Assessment
Tax Authorities
- Teacher: Gyanendra Singh