AC6.5 Business Taxation

06/07/2020 1 By indiafreenotes

Unit 1 Customs Act {Book}

Customs Act: Meaning

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Types of Custom Duties

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Valuation for Customs Duty, Tariff Value

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Customs Value, Methods of Valuation for Customs

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Problems on Custom Duty

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Unit 2 Sales Tax / Central Sales Tax {Book}

Sales Tax / Central Sales Tax: Meaning and Definition, Features

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Levy and Collection of duties not covered under GST

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Tax Administration

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Taxable value of Goods and Services not covered under GST

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Determination of Tax Liability

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Unit 3 Assessment of Firms {Book}

Meaning of Partnership, Firm and Partners

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New Scheme of Taxation of Firms

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Assessment of Firms (Section 184)

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Computation of firm’s Business Income

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Treatment of Interest, Commission

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Remuneration received by partners

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Problems on Computation of Firms Total income and Tax liability

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Unit 4 Assessment of Companies {Book}

Assessment of Companies Meaning

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Meaning of Company, Types of Companies

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Computation of Depreciation u/s 32

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Computation of Taxable Income of Companies

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Minimum Alternative Tax (MAT)

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Deductions u/s 80G, 80GGB, 80IA, 80 IB

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