Paper-II
Unit-1: Constitutional Provisions- Arts. 265 to 289 Scope of Tax Laws: b. Tax and Fee.
Capital Receipt and Revenue Receipt distinguished.
Unit -2: BASICS AND DEFINITIONS - INCOME TAX ACT,1961: Background, Concept and Mechanism of Income Tax Definitions, Concept of Income, Previous Year, Assessment Year Distinction between Capital and Revenue Receipts and Expenditure, residential status, Basis of
Charge and Scope of Total Income.
Unit -3: INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME: Difference
between exemption and deduction, Section 10 Deduction
Unit - 4: COMPUTATION OF TOTAL INCOME UNDER VARIOUS HEADS: Salaries, Income from House Property, Profit and Gains of Business or Profession, Capital Gains, Income from other sources (Practical' problems of each head and computation of total income for the purpose of Internal exam - 20 Marks).
Unit -5: INCOME OF OTHER PERSONS INCLUDED IN ASSESSE'S TOTAL INCOME: Aggregation of Income and Set Off or Carry Forward of Losses, Various deductions to be made in Computing Total Income, Rebates and Reliefs, Applicable Rates of Taxes and Tax
Liability.
Unit -6: TAXATION OF VARIOUS PERSONS: Individuals including Non-Residents,
Hindu Undivided Family, Firms, LLP, Association of persons, Cooperative Societies, Trusts
Charitable and Religious Institution.
Books Recommended:
I Dr. Vinod K. Singhania, Student Guide to Income Tax, Taxman.
2 Dr. Vinod K. Singhania, Direct Taxes Law & Practice, Taxman Allied Service Pvt. Limited.
3 Myneni S.R., aw of Taxation, Allahabad Law Series.
4 Kailash Rai, Taxation Laws, llahabad Law Agency.
5 Dr. Gurish Ahuja, Systematic Approach to Income Tax, Bharat Law House Pvt. Limited, Delhi
6 V.S. Datey: Law and Practice Central Salkes Tax Act, 2003, Taxman Publications.
7. Nani Palkivala: Income Tax, Butterworths Publications.
8. Dr. GK Pillai, VAT- A Model for Indian Tax Reforms
9. Naidu's Sales Tax Act
No comments:
Post a Comment